The Best Banks to Use in Hong Kong
Hong Kong is often considered Asia’s financial hub, offering a well-regulated banking system, global connectivity, and a pro-business environment. It’s no surprise that the city is home to over 150 licensed banking institutions.
With so many options, how do you know which one is the most suitable or best bank for you? In this article, we’ll break down the top 7 banks in Hong Kong, what they offer, their fees, and their pros and cons, helping you compare and choose the best fit for your needs.
Disclaimer: All information is accurate as of February 2025. For the latest details and promotions, please visit the provider’s website directly.
What Are the Best Banks in Hong Kong?
While the best bank for you depends on your specific needs, whether you prioritise saving, investing, borrowing, or making international transfers, here are some notable options in Hong Kong:
- DBS Bank (Hong Kong): Best for SMEs and businesses.
- HSBC (Hong Kong): Best for high-net-worth individuals and international businesses.
- Hang Seng Bank: Best for individuals and local businesses operating in the Greater Bay Area.
- Bank of China (Hong Kong): Best for businesses with strong Mainland China connections.
- Citibank Hong Kong: Best for expats and global wealth management.
- Standard Chartered Hong Kong: Best for international businesses and SME banking.
- Bank of East Asia (BEA): Best for local SMEs and day-to-day banking.
In the following section, we'll discuss the features, advantages, disadvantages, and fees of each of these banks.
Tip: If you are looking for a business account instead, here are the best business accounts in Hong Kong in 2025.
1
DBS Bank (Hong Kong)
DBS Bank (Hong Kong) Limited is a licensed bank in Hong Kong and a subsidiary of DBS Bank, a leading financial services group headquartered in Singapore with a presence in 19 markets worldwide.*
The bank offers a full range of personal, SME, corporate, and wealth management banking products and services. DBS Bank was awarded the Safest Bank in Asia by Global Finance for 16 consecutive years from 2009 to 2024.*
Contact Details:
- Contact Numbers: 852 2290 8888
- Email: enquiry.hk@dbs.com
- Contact Hours: 9 am - 8 pm (Mon to Fri) and 9 am - 3 pm (Sat)
Tip: DBS Bank is also on our list of “The 5 Best Banks To Use in Singapore”.
DBS Bank (Hong Kong) Featured Services
DBS Bank (Hong Kong) provides a range of services, including personal banking, corporate and SME banking, private banking, wealth management, personal and business loans, personal and business credit cards, treasury, trade services, and general insurance.
Here are some of the most notable products:
- Digital Banking Services: Manage accounts online 24/7 with online banking apps, including DBS Digibank HK for personal banking and DBS IDEAL for business banking.
- Personal Multi-Currency Savings Account: Easily access 14 currencies for flexible international transactions.
- Corporate and SME Banking: Customised services for businesses and SMEs, such as business accounts, trade financing, and cash management solutions.
- RMB Banking Services: RMB corporate accounts and foreign exchange solutions for businesses handling cross-border transactions with Mainland China.
- Private Banking and Wealth Management: Exclusive services for high-net-worth individuals, offering personalised investment strategies, professional advice, and portfolio management.
Pros and Cons of DBS Bank (Hong Kong)
Pros of DBS Bank (Hong Kong)
- DBS has global recognition that ensures high trust and credibility.
- Quick personal account set up.
- Diverse account types, including business accounts for SMEs, Social Enterprise Package, RMB Corporate Accounts, and personal savings accounts.
Cons of DBS Bank (Hong Kong)
- The eligibility criteria can be complex and vary significantly depending on the account type.
- Limited ways to contact customer support.
DBS Bank (Hong Kong) Fees
Here are some of the key corporate banking service fees charged by DBS Bank (Hong Kong). For other fees, please refer to the corporate banking fees page or contact DBS Bank directly.*
The below fees are effective from 5 March 2025.
Service | DBS Fees |
Corporate Account Set-up Fee | Local Company Account: Min. HKD 1,200 Overseas and Special Company Account*: Min. HKD 10,000 |
Monthly Service Fee | HKD 250 |
Receiving (inward) a telegraphic transfer | HKD 65 |
Sending (outward) a telegraphic transfer | DBS Electronic Banking: HKD 115 SWIFT Transfers (MT103): HKD 240 |
Local transfers in HKD/USD/RMB via RTGS | DBS Electronic Banking: HKD 55 SWIFT Transfers (MT103): HKD 200 Plus, other correspondent bank charges |
ATM cash withdrawal (per transaction) | Local cash withdrawal via DBS ATM / JETCO network: Waived |
*Special Companies refer to, but are not limited to, companies in special industries such as money services and jewellery.
Tip: Learn more about SWIFT transfers and MT103 in our guides.
2
HSBC (Hong Kong)
The Hong Kong and Shanghai Banking Corporation (HSBC), established in 1865, is one of the largest financial services organisations, providing banking services in over 60 countries and territories to millions of customers across the world.*
HSBC Hong Kong offers a suite of banking services for individuals and corporate clients, including bank accounts, credit and debit cards, loans, and investing and insurance products. In 2024, the bank was named Best Overall International Bank for the Belt and Road Initiative (BRI) in the Asiamoney New Silk Road Finance Awards.*
Contact Details:
- Contact Numbers: 852 2233 3000, 852 2748 8288
- Email: Not available
- Contact Hours: 24 hours (Business Internet Banking enquiry)
Tip: Find out about the key features and fees of HSBC Hong Kong business banking in our detailed HSBC business account reviews.
HSBC (Hong Kong) Featured Services
HSBC Hong Kong offers a wide array of services, catering to personal banking, business banking, corporate banking, private banking, cards, loans, broker services and more.
Here are some notable products:
- Personal Integrated Accounts: Provides a comprehensive solution covering deposits, credit cards, investments, and insurance.
- HSBC Business Integrated Account: A holistic banking solution for businesses of all scales.
- Greater Bay Area (GBA) Business Credit Connect: Facilitates flexible credit allocation within the Guangdong-Hong Kong-Macao Greater Bay Area, with expedited processing potentially within one day.
- Renminbi Services: Convenient cross-border options such as time deposits, savings accounts, and currency exchange services.
- HSBC Global Private Banking: A range of specialised financial services tailored for high-net-worth individuals and families.
Pros and Cons of HSBC (Hong Kong)
Pros of HSBC (Hong Kong)
- HSBC has branches in over 60 countries, making it a widely accessible option for international banking.
- Well-developed mobile app for easier access to your account.
- A wide array of financial products and services are available for business customers, including business accounts catering to different levels of business, from startups to established SMEs, corporate cards, trade services, and business loans.
Cons of HSBC (Hong Kong)
- Considerably higher fees, especially for some services like foreign exchange transactions.
- Requires a high minimum account balance.
HSBC (Hong Kong) Fees
Below are the fees associated with HSBC Hong Kong business banking services.
Service | HSBC Fees |
Account opening fee | Online: HKD 1,300 Overseas HSBC branch: HKD 2,250 Overseas Company or Special Company: HKD 11,000 |
Monthly fees | Waived, HKD 200, or HKD 450, based on account type and a total relationship balance. |
Receiving (inward) a telegraphic transfer | Proceeds to an HSBC account: HKD 65 Proceeds to another bank's beneficiary account: HKD 255 |
Sending (outward) a telegraphic transfer | Mainland China: HKD 100 To all others: HKD 125 |
Local ATM cash withdrawal (per transaction) | No charge when using HSBC Group’s ATM network in HK HKD 15 for the UnionPay network in HK. HKD 25 for Visa/Plus in HK. |
ATM cash withdrawal overseas (per transaction) | From the HSBC Group's ATM network outside HK and from overseas networks: HKD 20 From UnionPay network: HKD 50 From Visa/Plus network: HKD 40 Overseas banks may impose surcharges (if applicable). |
The above pricing was updated in February 2025. Please refer to the Commercial Tariffs page for other fees or the latest information.*
3
Hang Seng Bank
Hang Seng Bank Limited is a local bank in Hong Kong, serving over half of Hong Kong’s population with a comprehensive range of domestic and global banking services.* Customers can open accounts in a range of foreign currencies.
The bank was named the Strongest Bank in Hong Kong and Asia Pacific by The Asian Banker in 2019 and was recently awarded Best Domestic Bank for the Greater Bay Area in 2024.*
Contact Details:
- Contact Numbers: 852 2198 8022 (Business Banking Application Hotline), 852 2198 8000 (Business Partner Direct)
- Email: Not available
- Contact Hours: 24 hours (Business Partner Direct)
Hang Seng Bank Featured Services
Hang Seng Bank offers personal banking, business banking, and cross-boundary wealth management.
Here are some of the standout products:
- Biz Virtual+ Account: Digital and physical business support for startups and local SMEs.
- Integrated Business Solutions Account: Tailored for SMEs and well-established corporates.
- RMB Commercial Banking: offering RMB savings accounts and business integrated accounts that bundle sub-RMB savings accounts, RMB current accounts, and RMB time deposit accounts.
- GBA services: Services in the Greater Bay Area, including accounts, liquidity, financing, online trade, and wealth management.
Cross-boundary Wealth Management Connect (WMC): Two-way investment opportunities, accessible products, and seamless fund transfers within the GBA.
Pros and Cons of Hang Seng Bank
Pros of Hang Seng Bank
- Strong local presence with a very solid reputation in Hong Kong.
- Strong focus on the improvement of e-services such as Mobile Cash Withdrawal.
- Rewards programs for bank customers, such as credit card holders and Hang Seng Preferred Banking Club.
Cons of Hang Seng Bank
- Limited international presence and bank account access from other countries.
- Considerably narrower range of financial products and services compared to other competitors.
Hang Seng Bank Fees
Below are the fees and Hang Seng Bank charges for certain business banking services. For other related fees, please refer to the Commercial Banking Services Fees and Charges page.*
Service | Hang Seng Bank Fees |
Account opening fee | Apply remotely: HKD 1,000 Apply through the Business Banking Center: HKD 1,300 Opening a Company Account in Hong Kong via Video Conference: HKD 2,000 |
Monthly fee | HKD 200 Waived if an average relationship balance meets HKD 50,000 for Biz Virtual+ and HKD 100,000 for Integrated Business Solutions |
Inward FPS transaction fee | Waived |
Outward FPS transaction fee | From HKD 2.5 to 10 |
ATM cash withdrawal overseas (per transaction) | HSBC, Plus, Cirrus ATM Network: HKD 20 UnionPay ATM Network: HKD 40 - 60 depending on the amount you withdraw (=< or > HKD 5,000) |
Tip: If you're looking to open a business account with the Hang Seng Bank in Hong Kong, refer to our step-by-step guide to opening a bank account.
4
Bank of China (Hong Kong)
Bank of China (Hong Kong) Limited, also known as BOCHK, is a subsidiary of the Bank of China, a well-established financial institution with over 190 branches and a total asset of over HKD 3.6 trillion.*
BOCHK offers a comprehensive range of consumer, commercial, and investment banking services and has won numerous rewards and accolades, including the title of Best Retail Bank in Hong Kong in 2023.*
Contact Details:
- Contact Number: 852 3988 2288
- Email: Not available
- Contact Hours: 24 hours
Bank of China (Hong Kong) Featured Services
Bank of China (BOCHK) provides a wide array of financial services tailored for personal, business, and corporate clients.
Here are some of the highlights:
- SME in One: Integrated banking solutions designed for SMEs, including business accounts and loan services.
- BOCHK Cross-Border GO: Financial services tailored for the Greater Bay Area, personal financial services in Southeast Asia, and overseas personal financial services.
- RMB Cross-Border Trades: Facilitate cross-border transactions involving RMB.
- Corporate Trade Settlement and Financing: Services for corporate clients to manage trade settlements and financing needs.
Pros and Cons of Bank of China (Hong Kong)
Pros of Bank of China (Hong Kong)
- Strong Hong Kong-Mainland China network.
- Strong reputation and reliability as displayed by being 1st on The Asian Banker list of strong Asia Pacific banks.
- A wide range of financial products and services are available to customers.
Cons of Bank of China (Hong Kong)
- Limited support in English.
- A potentially complicated application process for business accounts. For instance, the process may involve visiting a physical branch and providing extensive documentation.
Bank of China (Hong Kong) Fees
In this section, we will review the primary service fees associated with Bank of China business accounts.*
Service | Bank of China Fees |
Account application fee | HKD 1,200, plus one of the following: HKD 2,000 for companies incorporated in Mainland China HKD 5,000 for companies incorporated overseas and special companies An additional company search fee may also apply. |
Monthly fee | Generally waived |
Receiving (inward) a telegraphic transfer | Waived for an amount not more than HKD 500, otherwise HKD 60 per item |
Sending (outward) a telegraphic transfer | Electronic channels: HKD 115 - HKD 120 Branches: HKD 260 |
ATM cash withdrawal | In Hong Kong via JETCO or BOCHK network: waived In Macau via JETCO: HKD 20 In Hong Kong via MasterCard or Cirrus Network: HKD 25 In Mainland China via MasterCard or Cirrus Network: HKD 50 |
Tip: If you're looking to open a business account with the Bank of China in Hong Kong, refer to our step-by-step guide to opening a bank account.
5
Citibank Hong Kong
Citi or Citibank Hong Kong was the first foreign bank to offer services in Hong Kong in 1902, so they have a long history in the region.* They perform strongly in global private banking and wealth management awards, reinforcing their position as one of the top international banks.
With a large presence in corporate banking in Hong Kong, they are often the chosen bank for expats and non-residents of Hong Kong.
Contact Details:
- Contact Number: 852 2860 0333
- Email: Not available
- Contact Hours: 8 am - 8 pm, Monday to Sunday
Tip: Explore the key features and fees of Citibank business accounts in our detailed Citibank business account review.
Citibank Hong Kong Featured Services
Citibank offers a full range of services for individuals and businesses, including fee-free account packages and private banking services.
Here's a snapshot of the featured services.
- International personal banking: Access global investment opportunities through offshore wealth management.
- Cross-Boundary Wealth Management Connect scheme: This scheme facilitates wealth management across regions like the Greater Bay Area.
- Renminbi (RMB) services: Includes currency transactions (buy/sell), Shanghai-Hong Kong Stock Connect access, deposits, mutual funds, bonds, cash withdrawals, and endowment plans.
- CitiBusiness® privilege: SME services and solutions tailored for cost management and business banking needs.
Pros and Cons of Citibank Hong Kong
Pros of Bank of Citibank Hong Kong
- Strong global presence and well-recognised internationally.
- It is one of the largest credit card providers, offering a variety of available cards with rewards.
- Easy access to online and mobile banking services.
Cons of Bank of Citibank Hong Kong
- Considerably higher fees and interest rates compared to competitors in the market
- Citibank Hong Kong's website can be challenging to navigate, potentially making it difficult to find specific information or access certain services.
Citibank Hong Kong Fees
Here are the fees associated with Citibank Hong Kong’s business banking products. Please refer to the bank’s service fees page for other fees.*
Service | Citibank Fees |
Account opening fee | Local Company Account: HKD 2,000 Overseas Company Account: HKD 8,000 |
Account monthly fee | Waived or HKD 300 - HKD 500 depending on account types |
Receiving (inward) a telegraphic transfer | Waived |
Sending (outward) a telegraphic transfer | Waived or HKD 100 - HKD 220 depending on account type Plus a corresponding service fee or HKD 150 - HKD 250 service fee, whichever is higher |
ATM cash withdrawal overseas (per transaction) | For Global Wallet Transactions (AUD, CAD, CHF, EUR, GBP, JPY, NZD, RMB, SGD, THD, and USD): Flat fee waived For Non-Global Wallet Transactions (including foreign currencies not supported by Global Wallet): The flat fee is waived, but a conversion spread of up to 2.4% per HKD equivalent withdrawal applies. Note: a foreign exchange handling fee may add up. |
Tip: Visit our guide on how to open a Citibank account if you're considering a Citibank business account.
6
Standard Chartered Hong Kong
Standard Chartered Bank (Hong Kong) is a licensed bank incorporated in Hong Kong and a subsidiary of Standard Chartered, a multi-national bank operating in over 60 countries.* The bank is among the three commercial banks authorised by the Hong Kong Monetary Authority to issue Hong Kong dollar banknotes.
Standard Chartered Hong Kong provides a comprehensive range of services, including remote account openings, which is not very common in the region.
Contact Details:
- Contact Number: 852 2886 8888
- Email: Not available
- Contact Hours: 9 am - 8 pm, Monday to Sunday
Tip: Learn about the features and fees of Standard Chartered Hong Kong in our Standard Chartered Hong Kong business account review.
Standard Chartered Hong Kong Featured Services
Standard Chartered offers personal banking, business banking, and cross-border banking. Here are the highlighted services:
- SME Banking: Standard Chartered Hong Kong’s SME banking consists of instalment loans, overdrafts, working capital and mortgages.
- International Banking: International banking through global account management, whether you travel or relocate.
- Greater Bay Area Banking: Banking for individuals and companies in the Greater Bay Area, including wealth management.
Pros and Cons of Standard Chartered Hong Kong
Pros of Bank of Standard Chartered Hong Kong
- Internationally recognised with a presence in multiple countries.
- Comprehensive investment insights and in-depth market information for businesses.
- Customers holding private and business accounts with Standard Chartered are provided with a relationship manager. They assist with financial needs and aid in selecting suitable investment solutions.
Cons of Bank of Standard Chartered Hong Kong
- Relatively high fees and interest rates on loans.
- The fee structures can be complicated, with tiered-based pricing and additional conditions.
Standard Chartered Fees
Service | Standard Chartered Fees |
Account opening fee | Local company: HKD 1,200 Overseas Company: HKD 10,000 Overseas company account set up for Corporate, Commercial, and Institutional banking clients: HKD 5,000 |
Monthly fee | HKD 300 - HKD 500 depending on business types |
Local bank transfer (HKD, USD, EUR, CNY) through RTGS or CHATS | Receive: HKD 5 - HKD 15, waived for Priority banking customer Send: HKD 170 |
Receiving (inward) a telegraphic transfer | HKD 33 - HKD 55 waived for Priority banking customers |
Sending (outward) a telegraphic transfer | HKD 200 for Business Account Customers HKD 50 - HKD 170 for higher-tiered accounts and waived for Priority banking customers making transfers via online channels. |
ATM cash withdrawal overseas (per transaction) | HKD withdrawal: JETCO Network / Visa / PLUS / Mastercard®/ Cirrus Network: HKD 28 UnionPay Network: HKD 15 + 0.5% cross border Foreign Currency withdrawal: JETCO Network / UnionPay Network: No markup fee Visa / PLUS Network: 1.95% markup fee Mastercard® / Cirrus Network: 1% markup fee The transaction amount will be converted into HKD using the exchange rate provided by each card provider. |
Please refer to the Standard Chartered service charges page for more information.*
Tip: Explore our article to discover how to open a business account with Standard Chartered.
7
Bank of East Asia (BEA)
The Bank of East Asia (BEA) is the biggest independent Hong Kong bank and one of two family-run banks in Hong Kong.*
The bank has won multiple awards, including Outstanding Retail Banking from the Hong Kong Economic Journal Financial Services Awards of Excellence and Outstanding Retail Bank of the Year from Bloomberg Businessweek Chinese Edition Financial Institutions Awards.
Contact Details:
- Contact Number: 852 2211 1333
- Email: info@hkbea.com
- Contact Hours: 24 hours
Bank of East Asia Featured Services
Bank of East Asia provide various banking services similar to what you can find with a corporate bank account at a large global bank. These services encompass personal banking, wholesale banking, wealth management, investments, corporate and commercial financing, SME financing, and more.
Here are some of the featured services.
- Hong Kong Dollar Deposits account, including current accounts, savings accounts, fixed deposits, call deposits and large-amount time deposits.
- Foreign Currency Deposits account, including savings account with access to 10 foreign currencies and multi-currency statement savings account.
- SME Financing: Lines of credits designed for SMEs.
- BEA Enterprise Easy Fund Series: Designed for companies to quickly access funds and capitalise on new business opportunities.
Pros and Cons of Bank of East Asia
Pros of Bank of Bank of East Asia
- A long history in Hong Kong and a well-known reputation in the Asia market.
- Bank of East Asia has a reputation for industry-leading improvements for customers in Mainland China, with recognition for being the first foreign bank to provide RMB cards in mainland China.
- A diverse range of services that cater to a diverse customer base.
Cons of Bank of Bank of East Asia
- Limited global presence and may not be widely recognised internationally, which may make it difficult to access your account and seek support when outside of Asia.
- Few public customer reviews may make it challenging for potential customers to assess the bank's performance based on real user experiences.
Bank of East Asia Fees
Below are the corporate banking fees charged by the Bank of East Asia.*
Service | BEA Fees |
Account opening fee | HKD 10,000 for local and foreign companies Plus, a business registration and limited company search of HKD 200 each, if applicable |
Monthly fee | Waived or HKD 50 - HKD 200 depending on the type of account For "Corporate Plus" main corporate account: Fee waived with HKD 10,000 Average Daily Relationship Balance; otherwise, HKD 150 |
Local bank transfer through RTGS or CHATS | Receive: HKD 15 Send: Starting HKD 180 |
Receiving (inward) a Telegraphic Transfer | HKD 65 |
Sending (outward) a Telegraphic Transfer | Branch: HKD 200 handling fee plus cable charge of HKD 100 - HKD 130 Cyberbanking/Corporate Cyberbanking: HKD 20 handling fee plus HKD 80 cable charge |
ATM cash withdrawal overseas (per transaction) | Via a JETCO ATM in Mainland China or Macau: HKD 25 Via a BEA ATM in Mainland China: HKD 15 Via a UnionPay ATM: HKD 15 in Hong Kong and HKD 50 overseas |
An Overview of the Banking System in Hong Kong
Hong Kong implements a three-tier system of institutions classified based on the amount and term of deposits accepted and the nature of business:
Licensed Banks
Licensed banks are the most common banks in Hong Kong. They can operate current (checking) and savings accounts, take deposits of any size and maturity, and accept paychecks.
These institutions can freely use the word 'bank' in their name. Examples of these banks include Dah Sing Bank, Bank of China, ZA Bank, and Mox Bank, the latter two of which are virtual banks.
Licensed banks in Hong Kong participate in the Deposit Protection Scheme, which offers a maximum protection of up to HKD 800,000 per depositor.
Restricted Licence Banks
Restricted licence banks can operate like investment banks in capital markets and accept deposits greater than HKD 500,000. There are only a few restricted licence banks in Hong Kong, such as Goldman Sachs Asia Bank Limited and Orix Asia Limited.
Restricted licensed banks in Hong Kong are not part of the Deposit Protection Scheme (DPS).
Deposit-taking Companies
Deposit-taking companies are associated with licensed banks and are involved in consumer finance, commercial lending, and securities. They can take deposits of more than HKD 100,000 with a maturity of three months or more.
Some examples of these companies are BPI International Finance Limited and Public Finance Limited.
Every international bank in Hong Kong is regulated and supervised to ensure stability for the financial sector and the country’s economy.
Tip: Explore the distinctions between online banks and traditional banks.
3 Tips to Choose the Right Bank
Choosing the right bank in Hong Kong is not just about finding a place to store your money. The bank you choose will also impact how you manage local transactions, handle international payments, and access other financial services and products, so here are some key tips to consider.
1
Pick a Bank That Matches Your Needs
Not all banks have the same services for personal and corporate banking. Here’s what to consider:
- For personal banking: Look for banks with wide ATM access, preferably global, and flexible digital banking services. If you’re an expat, check whether the bank supports overseas account opening and cross-border transfers, especially if you need to send or receive money from your home country.
- For business banking: Large banks like HSBC and Standard Chartered provide comprehensive corporate banking but have strict eligibility criteria and high minimum balance requirements. Digital banks or business banking alternatives may be more cost-effective and time-efficient if you're in the early stages of business.
Tip: If you need frequent USD, EUR, or RMB transactions in addition to HKD, choose a bank that offers multi-currency accounts or consider opening a secondary account for better exchange rates and flexibility.
2
Understand the Fees
Banking fees aren’t always transparent, and some banks charge more than others in hidden costs. When comparing banks, look beyond just the basic fees and also check:
- Transaction fees: Many banks charge fees for incoming and outgoing wire transfers, which can add up over time.
- ATM fees: Some banks charge HKD 20–30 per withdrawal from out-of-network or overseas ATMs. If you travel frequently, choosing a bank with a global ATM network like Citibank may help reduce costs.
- Minimum balance penalties: Some banks only waive monthly fees if you maintain a minimum balance. Falling below this threshold could result in additional charges.
3
Prioritise Digital Banking
While most banks offer online banking, their quality varies significantly. Some things to check:
- Ease of transactions: Can you make same-day local and international transfers, or are there delays?
- Mobile app usability: Some banks have mobile apps with limited functionality and frequent technical issues.
- FPS (Faster Payment System) support: If you do local business, a bank that fully integrates with FPS ensures instant transactions with no fees.
Alternative Business Account Solution: Statrys
Traditional banks in Hong Kong offer comprehensive services, but their account opening process can be slow and costly, especially for SMEs and international businesses. If you're looking for a flexible, digital-first, non-bank alternative, Statrys provides a multi-currency business account tailored to modern business needs.
With 11 currencies in a single account, transparent FX rates, and a dedicated account manager, Statrys simplifies international payments and everyday financial operations.
Key Features
✔ Open your business account online in as little as 3 business days (based on 85% of our customers)
✔ Hold and manage 11 major currencies under one account number
✔ Transparent, competitive FX rates with no hidden charges
✔ Personalised customer support with a dedicated account manager
If you are looking for a business account without the hassle of traditional banks, get started with Statrys today.
FAQs
Which bank is the biggest in Hong Kong?
HSBC is the biggest bank in Hong Kong as well as one of the oldest banks in Asia.
How many types of banks are there in Hong Kong?
Can a non-resident open a bank account in Hong Kong?
Are there banking options for small businesses in Hong Kong?
