🇨🇳 Langfang Bank — niche account for large-scale trading

Lawyer, Family Office

Concept

Bank of Langfang is a regional commercial bank headquartered in Langfang (Hebei Province), located in the Beijing-Tianjin-Hebei (Jing-Jin-Ji Economic Zone). This is one of the most niche channels in our catalog: the bank works with a limited client base, predominantly medium and large trading businesses, and applies enhanced compliance standards for account opening.

Opening costs here are substantially higher than at other regional banks (Harbin, Dalian) — this is the premium for more thorough pre-vetting and more stable long-term account operation. If your HK company works with regular tranches above $200K, and previous attempts to open an account at the Big Four ended in rejection due to complex profile — Langfang often becomes a viable option.

When to choose Langfang

• Trading business with turnover $200K+ per month
• Complex UBO profile that did not pass Big Four screening
• Long-term channel for recurring cross-border settlements
• Structures with multiple operating companies in Hong Kong

Permitted beneficiary jurisdictions

• Hong Kong, Singapore, Malaysia
• UAE, Turkey
• EU, United Kingdom
• Particularly sensitive jurisdictions (Russia, Belarus, Iran-related) — not accepted

Permitted currencies

• CNY (primary)
• USD, EUR, HKD

Fees and pricing

Documents for opening

• Beneficiary passport and proof of address
• Complete corporate package of HK company
• Audited financial statements for the last two years(mandatory for Tier 2)
• Group company description — ownership structure, main operational flows
• Samples of actual contracts with key counterparties
• Proof of company source of capital
• LinkedIn / profiles of key persons

Application stages

1. Pre-screening and pre-vetting— 5–10 business days. This is the longest pre-screening among Chinese banks.
2. Bank pre-approval— 10–15 business days.
3. Video interview— 45–60 minutes in English, with possible follow-up interview if necessary.
4. Token issuance— 5–10 business days.
5. Activation— 1–3 days.

Total timeframe —25–40 business days.

Langfang fees

• Account maintenance:$150/month.
• Payments within China:0.08%, cap CNY 1,000.
• International payments:0.1%, cap CNY 2,000.
• Currency exchange:competitive rates.
• For turnover from $5M/year — individual tariffs by arrangement.

Related services

• 🇨🇳 Bank of China— mainstream "Big Four" channel
• 🇨🇳 ZCCB— primary channel for cross-border trader
• 🇨🇳 Everbright Bank — for medium-sized trading business
• 🇭🇰 Hong Kong company— corporate wrapper