In meeting the prevailing regulations on combating money laundering, terrorist financing and tax evasion of the jurisdictions concerned, foreign banks may have various account-opening requirements. While some people may visit a foreign jurisdiction to open a bank account in-person, some people may choose to do so at a branch of that bank in Hong Kong or through an authorised professional (such as a lawyer, an accountant, or other notaries public). In entrusting a third party to open a bank account or place a deposit on one’s behalf, one must stay vigilant and fully assess the risks involved, noting in particular that offshore deposits are not protected under the Deposit Protection Scheme in Hong Kong. To learn more about the rights and interests of offshore deposits, one may enquire with the regulatory authorities of the jurisdiction concerned.