CMB Wing Lung Bank · China Merchants Wing Lung Bank

risk warning

Trading online involves significant risks and you could lose all of your invested capital. It is not suitable for all traders or investors. Please ensure you understand the risks involved and note that the information contained in this article is for general information only.

Basic Information and Regulations

CMB Wing Lung Bank · China Merchants Wing Lung Bank, the full name of China Merchants Wing Lung Bank Co., Ltd., is a bank incorporated in China, which claims to provide various financial services to its customers. Here is the bank's official website homepage:

As for the regulatory situation, no effective regulatory information has been found so far. That's why CMB Wing Lung Bank's regulatory status on WikiFX is listed as "not regulated" and only received a low score of 1.38/10.

NOTE: Screenshot dated January 9, 2023. WikiFX is a dynamic score, which will track the dynamic real-time score of traders. The score captured at the current time does not represent the past and future scores.

account

CMB Wing Lung Bank · China Merchants Wing Lung Bank announced on the homepage of its official website that you will get 288 Hong Kong dollars and a lucky draw gift worth up to 5,000 Hong Kong dollars when you open an account. There does not appear to be a minimum deposit required to open an account, nor does it appear to charge any account opening fees.

Business Scope

CMB Wing Lung Bank · China Merchants Wing Lung Bank's business scope is very wide, including electronic banking services, deposit services, exchange, time deposits, credit cards, remittance services, mortgage loans, securities, insurance, investment and financial services, unsecured loans, etc.

cost

For deposits, remittances, foreign currency cash exchange, credit cards, securities, investments, loans, etc., CMB Wing Lung Bank will charge different service fees. For details, please refer to the fee manual on the official website Service Guide - Service Fees.

customer support

Tel: (86) 400 8822 388, (852) 230 95555;

Social media: "CMB Wing Lung Bank Corporate Finance" WeChat subscription account.

Advantages and disadvantages

advantage	shortcoming
• Broad business scope, providing various financial services	• not regulated
	• Service fees are high and complicated

common problem

Q 1:	CMB Wing Lung Bank · Is China Merchants Wing Lung Bank regulated?
A 1:	No valid regulatory information has been found so far.

Q 2:	CMB Wing Lung Bank · Is China Merchants Wing Lung Bank friendly to novices?
A 2:	Investing in a bank is relatively safe, but given that the bank's regulatory situation is not optimistic, caution is required.