AQUMON’s New Seamless Account Opening Process

AQUMON’s New Seamless Account Opening Process

Written by Ken on 2019-07-10

The new AQUMON features will be available online, and account opening can be completed in a one-stop process on our app and our web version.

 

Now, the AQUMON team wants to share a few words with you, our dear users.

 


 

'Friction' is something that many current technologies are aiming at eliminating.

 

So what is 'friction'? It is essentially time wasted.

 

In a recent survey by Asian Private Banker, 63% of respondents said it takes on average at least 20 days to open an individual private banking client account here in Asia. In reality, many private banking accounts could takes months to open.

 

With the account opening being the key starting point for all clients, AQUMON agrees that no relationship should start with such a negative experience.

 

Our clients’ time is money, and AQUMON understands.

 

In the past, AQUMON's biggest advantage had been the ability to provide users with global asset allocation solutions, and we aimed at promoting high-end financial advisory services to the public. Now, we are putting lots of effort into optimizing other features, such as Account opening and trading, to provide better services to users. This July, a major change to our new version is the online account opening feature.

 

On our new platform, we have established AQUMON's account management system and trading system. The most obvious improvements are shortened account opening time and the reduced transaction costs.

 

1. Faster account opening process

 

Our new version will speed up the account opening process for every new AQUMON client by 3 times. On average, it will take 20 minutes to fill out the application, and account opening can be done within 2 business days.

 

2. Lower fees

 

For customers who invest $5,000 (approximately HK$40,000) with SmartGlobal Max products (US ETF portfolio), they will enjoy a 35% fee discount going forward. All AQUMON’s clients will benefit from a fee reduction (to varying degrees).

 


 

 

Simple 4 steps to online account opening:

  1. Register an AQUMON account with phone number or email address on app or web portal
  2. Fill out the online application form by providing required supporting documents
  3. Complete the online certification through bank transfer with a Hong Kong bank account under your name. For SmartGlobal® (HK ETF) clients, please perform direct transfer or FPS of at least HKD10,000. For SmartGlobal® Max (US ETF) clients, please perform wire transfer in USD with an equivalent amount of at least HKD10,000
  4. Wait for account approval confirmation email

 

Learn more in AQUMON APP

Disclaimer

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