You are exploring the opportunity to open an account with Neat commerce (Rapyd). Or you have one already, and you are looking for an alternative.
In both cases, finding the answers to your questions may be time consuming.
First thing first, if you are still trying to understand what products are offered by Neat, we have you covered in our in-depth Neat review.
If you are past this stage, you may want to check if any other offer is available. That’s why we have developed a full comparison of Statrys and Neat. It’s worth reading as we have set out as much information as possible so you can make an informed decision.
The purpose of this comparison is not to come to any definitive conclusion. Determining which option is the best fit for your company will depend on the payment needs of your business.
In a market that lacks transparency, we have used our best efforts to put together a comparison that may help you make your choice. And if anything is missing, please let us know so we can better help other entrepreneurs by adding relevant information. You can contact us on the website or send us an email at firstname.lastname@example.org.
Now, let’s move to the comparison:
Multi-currency business accounts in Hong Kong can be used to receive and make payments locally in Hong Kong and internationally from/to other countries. Both Statrys and Neat business accounts support multiple currencies. This means any payment received in one of those currencies is credited to the business account in the said currency – saving the cost of any foreign exchange conversion.
GBP IBAN accounts can be used to receive and make payments in GBP from/to all the countries of the SEPA Zone (see above what the SEPA Zone is).
Foreign Exchange Services
Neat pricing set out in the chart below is a special offer valid from 1 June 2022 to 31 December 2022
Accounts & Payments Pricing
* Account opening fee may apply for companies not registered in Hong Kong or Singapore, companies with complex shareholding structures, and companies with high-risk business profiles.
** A fee of 25HKD applies for outward local payments exceeding 500,000HKD
*** This fee may vary depending on the country of destination. Check our pricing for more information.
Foreign Exchange Pricing
This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Statrys Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.
Neat and the Neat logo are trademarks of Neat Limited, registered in the Hong Kong SAR China and other countries and regions. Rapyd and the Rapyd logo are trademarks of Rapyd Financial Network Limited, registered in the United Kingdom and other countries and regions.