Lawyer, Family Office
Concept
China Everbright Bank — a national joint-stock commercial bank headquartered in Beijing, listed on Shanghai and Hong Kong Stock Exchange. One of the largest second-tier banks in China: assets over $1 trillion, more than 1,200 branches. Unlike Bank of China and other Big Four, Everbright positions itself as a bank for mid-sized entrepreneurs — more flexible in KYC, more active in trade finance and dedicated trade servicing.
For foreign trading companies, Everbright is one of the most practical channels in mainland China. The bank specializes in trade finance: letters of credit, Sinosure-backed LCs, trade credits, long-term contract servicing. Partner in ourFinancing in Chinaprogram.
When to choose Everbright
- Trading company with regular settlements China ↔ international markets
- Importers of goods from China to Russia, EU, UAE
- Business requiring trade finance instruments (LoC, Sinosure insurance, documentary collection)
- Cross-border transactions $50K–$10M
Eligible beneficiary jurisdictions
- Hong Kong, Singapore, Malaysia, Japan
- UAE, Turkey, Saudi Arabia
- EU, United Kingdom
- Russia — subject to approval with residence permit or second citizenship
Eligible currencies
- CNY (primary)
- USD, EUR, HKD, JPY
- Additional on request
Fees and pricing
| Tier | Profile description | Our fee |
|---|---|---|
| Tier 1 | Standard HK Ltd, trading in standard goods | €2,500 |
| Tier 2 | Medium profile — multi-currency, multiple UBOs | €5,000 |
| Tier 3 | Complex profile — high-risk sectors, extended due diligence required | €7,500 |
Documents for opening
- Beneficiary passport and proof of address
- Complete corporate kit for HK company
- Description of trading activity — types of goods, main counterparties, currencies
- Sample actual contracts (redacted versions acceptable)
- Audited financial statements (if available)
- 12-month turnover projection
Application stages
- Pre-screening— 1–2 days.
- Bank pre-approval— 5–10 business days.
- Video interview— 30 minutes in English.
- Token issuance— 5–10 business days.
- Activation— 1–2 days.
Total timeline —15–25 business days.
Everbright fees
- Account maintenance:$120–$150/month.
- Domestic China payments:0.08–0.1%, cap CNY 1,000.
- International payments:0.1%, cap CNY 1,500.
- High-risk jurisdictions:0.25–0.4%.
- Trade finance— separate tariffs for each instrument (LC, guarantee).
- Individual pricing available for turnover from $3M/year.
Related services
- 🐉 Financing in China— Everbright among key partners
- 🇨🇳 Dalian Bank— regional alternative
- 🇨🇳 Harbin Bank— for cross-border trade with CIS
- 🇭🇰 Hong Kong company— corporate wrapper