Domestic investors' B-share securities account opening process
1. Information required for domestic individual investors to open B-share securities accounts:
Mainland individual investors provide the original identity card of the People's Republic of China, excluding individual customers from Hong Kong, Macao and Taiwan. Two. Notes for domestic individual investors to open B-share securities accounts:
1, B-share account opening fee, charged by China Securities Depository and Clearing Corporation Shanghai Branch 19 USD/account, charged by China Securities Depository and Clearing Corporation Shenzhen Branch 120 HK dollars/account, uniformly charged by securities companies;
2.b-share account opening time: If a B-share securities account is opened from 9: 00 to 15: 00 from Monday to Friday, the new account holder can get two paper B-share shareholder account cards on the spot; In other time periods, including opening accounts for B-share securities on weekends, B-share securities account cards can only be received or delivered by express delivery on the next trading day, but this will not affect the normal trading of B-share securities. This is because the application for B-share securities account opening needs to be networked with China Securities Depository and Clearing Company, and Deng Zhong Company is closed on weekends;
3. Domestic individual investors can entrust others to open accounts for B-share securities, but they need to provide notarized power of attorney;
4. Domestic legal persons shall not open B-share securities accounts;
5. Those who live abroad, but have not obtained permanent residency abroad, shall be regarded as domestic residents opening B-share accounts;
6. A-share and B-share accounts of the same individual investor can be opened in two securities companies respectively. Three. Deposit and transfer operation of customer's B-share account (taking Guotai Junan operation process as an example);
1.b-share customers need to check the US dollar and Hong Kong dollar accounts of their peers in the same city in the B-share account opening business department, and then bring their valid identity documents to their foreign exchange deposit banks, and transfer their foreign currency deposits (at least 19 for Shanghai B-share account opening fees and at least 120 for Shenzhen B-share account opening fees) to the B-share margin account corresponding to Guotai Junan Securities Business Department, and indicate "new account opening" in the remarks column of the bank form.
2. The customer submits the valid bank receipt to the financial personnel of the B-share account opening business department. After the financial personnel confirm that the transfer has been recorded, fill in the payment notice and sign it, and hand it over to the customer to go through the deposit formalities at the counter of the business department; If the financial personnel inquire that the payment has not yet arrived, they should inform the customer to inquire with the remittance bank in time, and then handle it after determining the entry time; Or the customer opens a B-share account in the securities business department after receiving the telephone notice from the securities company that opened the B-share account;
3. The customer fills in the deposit slip at the counter of the B-share account opening business department and submits it to the counter operator of the B-share account opening business department together with the B-share payment notice;
4. After the B-share account is opened, customers can choose to apply for the B-share bank-securities transfer function of China Merchants Bank to facilitate the fund transfer of subsequent B-share accounts;
5. It is forbidden to handle the transfer between different customers and the transfer of funds between different customers;
6. When opening a B-share securities account, the securities business department shall not accept funds deposited by domestic resident individual investors in the form of foreign currency cash. When domestic resident individual investors withdraw funds from B-share accounts, the funds can only be remitted to foreign currency deposit accounts with the same name opened in China;
7. When the customer first opened a B-share account, he was a domestic resident. Even if he has now become a non-resident with an overseas certificate, he is not allowed to directly transfer the funds in the B-share account opened with the original domestic resident.
Remarks: The funds used by domestic resident individual investors for B-share trading can only be their foreign currency deposits in domestic commercial banks. If there is no foreign currency deposit, you can choose to purchase foreign exchange locally, and each person's purchase of foreign exchange shall not exceed the equivalent of US$ 20,000 each time and US$ 50,000 each year, otherwise you shall apply separately. top
Foreign investors' B-share securities account opening process
1. Information that an overseas individual investor should bring when opening a B-share securities account:
Customers in Hong Kong and Macao provide the original identity card of Hong Kong and Macao SAR residents, customers in Taiwan Province provide the original Taiwanese certificate, and foreigners provide the original overseas passport (the green card is invalid). Two. Information required for overseas institutional investors to open B-share securities accounts:
1, overseas business registration certificate, power of attorney, director's identity certificate and its copy, agent's identity certificate and its copy;
2. If an agency is entrusted, it is also required to provide the valid ID card and photocopy of the agent and the notarized power of attorney of the enterprise legal person (director) (valid signature of the legal person or director is required). Three. Instructions for domestic individual investors to open accounts for B-share securities:
1. China securities depository and clearing corporation charges 19 USD per account, and China securities depository and clearing corporation Shenzhen branch charges 120 USD per account, which shall be uniformly charged by securities companies; The B-share account opening fee of overseas institutions shall be charged by China Securities Depository and Clearing Corporation at USD 85 per account, and by Shenzhen Branch of China Securities Depository and Clearing Corporation at USD 580 per account, which shall be uniformly charged by securities companies.
2.b-share account opening time: If a B-share securities account is opened from 9: 00 to 15: 00 from Monday to Friday, the new account holder can get two paper B-share shareholder account cards on the spot; In other time periods, including opening accounts for B-share securities on weekends, B-share securities account cards can only be received or delivered by express delivery on the next trading day, but this will not affect the normal trading of B-share securities. This is because the application for B-share securities account opening requires networking with China Securities Depository and Clearing Company, while Deng Zhong Company is closed on weekends. Four. Deposit and transfer operation of B-share accounts of overseas customers (taking Guotai Junan operation process as an example);
1. The funds directly remitted by overseas customers from abroad must be remitted to the B-share bank account designated by the company's headquarters, and the company shall uniformly report the balance of payments to the State Administration of Foreign Exchange. Branches shall inform overseas customers that they must remit money according to the B-share remittance instructions published by the company, and require customers to indicate the B-share shareholder code, name, fund account number and the name of the B-share account opening business department in the remittance postscript.
2. When overseas customers remit funds from overseas, the payee specified in the remittance instruction must have the same name as the remitter, and the company will not deposit any funds with different names;
3. Branches shall not accept funds deposited by non-residents in the form of foreign currency cash, and banks only accept foreign currency cash deposits equivalent to $5,000/person on the same day. Non-residents cannot directly withdraw foreign currency cash from their B-share capital accounts;
4. When non-residents withdraw B-share funds, they can directly remit them abroad or deposit them in their domestic foreign currency deposit accounts with the same name;
5. When overseas institutional customers withdraw B-share funds, it is forbidden to transfer them into domestic personal bank accounts;
6. It is forbidden to handle internal transfers between different customers;
7. When withdrawing funds from the B-share account, materials shall be provided: valid identity documents of individual customers, valid overseas registration documents of institutional customers and shareholder code cards. If there is an agent, the agent shall provide the original power of attorney signed by the shareholders and the agent, the valid identity certificate of the agent and the original identity card;
8. Customers fill in the withdrawal form of overseas customers' deposits: if the funds are remitted outside the mainland, customers must fill in the information of the payee and the payee bank in English, indicating the country and region where the payee bank is located.
9. The funds in the B-share securities account can only be the funds directly remitted from abroad or their own foreign currency deposits in China.
The above content is the answer to "How to open an account for B shares". I hope our answer will satisfy you!
If you have any questions you don't understand or need to consult, please contact us directly:
Online consultation website/national unified service hotline 400 1-5 18-369
Zhu Xiao Customer Service 139 16395236
Guotai Junan Securities-Baidu knows that the enterprise platform is willing to serve you!