Step 7: Identity Verification (1) Faster Payment System (FPS) (2) Online bank transfer verification: You need to provide a photo of your Hong Kong resident ID card and a proof of address issued within the last three months. Then, bind a Hong Kong bank account under your own name and transfer at least HKD 10,000 / RMB 10,000 / USD 1,300 or more to Webull Securities’ designated bank account. When making cross-bank transfers, related banks may charge handling fees. After the funds are received, the identity verification will be completed. Once the account is opened successfully, the funds can be used for trading or withdrawal; if the account opening fails, the funds will be refunded to the original account. |