Hong Kong Company：Once the scanned copy of the signed documents is sent back, the account will be opened in about one week.
Singapore company, UK company, BVI company, Cayman company：Once the scanned copy of the signed documents is returned, the account will be opened within approximately 1 to 2 weeks.
Seychelles and other island companies that require special compliance approval：Once the scanned copy of the signed documents is returned, the account will be opened within approximately 2 to 3 weeks.
一、$0 Search Fee – Account Opening Process for Non-U.S. Companies
1. The client submits complete documents for review.
2. Upon completion of the review, the bank schedules a video verification and account opening signature session.
3. After the account opening signature is completed, the client sends back the scanned copy of the signed documents to proceed with account activation.
4. The client mails the original signed documents.
5. After the client deposits the activation fund, the bank will send the online banking access email, which is expected to take 3–5 working days
Note: Two types of online banking services are available for clients to choose from.
1. STANDARD BUSINESS CHECKING
2. Business Performance
二、The service charges and other relevant matters corresponding to the two types of online banking are as follows.
STANDARD BUSINESS CHECKING
1. Activation Fund: USD 10,000
2. Monthly Maintenance Fee: USD 14 (Waived if the deposit balance reaches USD 2,500)
3. Search Fee: USD 0
4. Incoming Transfer Fee: USD 10 per transaction
5. Outgoing Transfer Fees:
Domestic Outgoing Transfer Fee: USD 40 per transaction;
International Wire Transfer Fee: USD 50 per transaction
6. Transfer Limits:
Daily Transfer Limit: USD 100,000;
Monthly Transfer Limit: USD 200,000
7. Outgoing Transfers Exceeding Limits: Manual processing available upon submission of a remittance form.
8. Online Banking Administrator: 1 person
1. Activation Fund: USD 10,000
2. Monthly Maintenance Fee: USD 75 (Waived if the account balance is USD 75,000 or above)
3. Search Fee: USD 0
4. Minimum Account Balance: USD 500
5. Incoming Transfer Fee: First 10 transactions free; USD 10 per transaction for any excess
6. Outgoing Transfer Fees:
Domestic Outgoing Transfer Fee: USD 14 per transaction;
International Wire Transfer Fee: USD 20 per transaction
7. Daily Transfer Limit: No upper limit (Online banking limit can be applied for based on individual needs)
8. Online Banking Administrators: Additional administrators can be added, with a maximum limit of 2 people
三、Required Documents for Opening a $0 Search Fee Account with East West Bank (Excluding U.S. Companies)：
1. Complete set of company registration documents
2. Personal identification documents
3. Completion of the account opening KYC information form
4. Recent one-month phone bill or invoice
5. For affiliated companies: Provide the affiliated company’s business license + the affiliated company’s corporate bank statements (for the latest three months) + one (purchase/sale) business contract
6. For non-affiliated companies: Provide 1–2 business contracts of the account-opening company + personal bank statements (for the latest three months）
Note: For non-U.S. companies, opening a $0 Search Fee account with East West Bank does not include a complimentary personal account with the bank.
*The content above is not original. Relevant regulations and explanations are summarized and translated from materials collected on official government websites and reliable third-party platforms, followed by resource integration and re-editing. All copyrights belong to the original authors. This article is for information sharing only and not for commercial use.
+1 949-490-9063
10 CORPORATE PARK, STE 330, IRVINE, CA 92606
