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Simple andtransparent pricing
Simple andtransparent pricing
Business Account
Local Currency Account
Statrys Charges
*That’s what goes in our pocket
Base Fee
(Incoming payments unlimited / Outgoing payments limited to USD 50,000)
HKD88/mth
Recharge Fee
Recharge Fee is determined by STATRYS based on business profile.
See example below in case Recharge Fee is HKD 30:
– Total amount of outgoing payment in one month = USD 98,000
– Amount of outgoing payment in excess of USD 50,000 = USD 48,000, representing 5 tranche of USD 10,000
– Total Recharge Fee = HKD 150 (5 x HKD 30)
Recharge Fee is determined by STATRYS based on business profile. See example below in case Recharge Fee is HKD 30: – Total amount of outgoing payment in one month = USD 98,000 – Amount of outgoing payment in excess of USD 50,000 = USD 48,000, representing 5 tranche of USD 10,000 – Total Recharge Fee = HKD 150 (5 x HKD 30)
(per tranche of outgoing payments of USD 10,000 (or equivalent))
HKD 5 to HKD 235
Account Opening & Maintenance Fee
Up to HKD 3,900 for special companies
Special companies are companies not incorporated in Hong Kong or Singapore, companies with complex structure and companies with certain business profile
transaction fee
*That’s what goes in the pocket of our partner banks
HKD Payment (local payment to HK bank account)
Incoming payment
Zero fee
Outgoing payment
Zero fee
Non HKD payment (international payment to any bank account)
Incoming payment
HKD 65 (maximum)
Actual fee may vary depending on the payment network (SWIFT,CHATS) used by the banks processing the transaction
Outgoing payment
HKD 115
Other features
Minimum Deposit
No
Maximum Amount for Incoming Payment
No
Maximum Amount for Outgoing Payment
No
Prohibited payments
Payments in sanctioned countries
Afghanistan, Belarus, Bosnia and Herzegovina,Burundi, Central African Republic, Crimea, Cuba, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, North Korea, North Soudan, Russia, Somalia,South Soudan, Syria, Ukraine, Venezuela, Yemen, Zimbabwe
Client Support
Multilingual
English, Cantonese, Mandarin, Italian, French, Thai
FREQUENTLY ASKED QUESTIONS
When does my billing start?
Your Base Fee (HKD88/mth for Business Account, and if applicable HKD148/mth for each Local Currency Account) will be charged on the 1st working day of each civil month. If your Business Account / Local Currency Account is opened during the first two weeks of a civil month, the full Base Fee will be charged. If your Business Account / Local Currency Account is opened during the last two weeks of a civil month, only half (50%) of the Base Fee will be charged.
How is the Recharge Fee determined?
Recharge Fee is determined by STATRYS based on business profile of the applicant company. Factors taken into account include country of incorporation, industry and flow of payments.
When are account opening & maintenance fees due?
Account opening & maintenance fees are charged for special companies only. These are companies not incorporated in Hong Kong or Singapore, companies with complex structure and companies with a certain business profile. The account opening fee shall be paid after STATRYS has approved the account opening and the Business Account will not be opened until the fee is paid. Account maintenance fee is due on each anniversary date of the account opening.
Can I close my Business Account / Local Currency Account at any time?
If you no longer need your Business Account / Local Currency Account, you can close the account before the last working day of the month. Base Fee and Recharge Fee will be billed for any month started. A HKD500 fee will be charged for the closure of Local Currency Account. The closure of Business Account will automatically cause closure of all Local Currency Accounts.
FX TRADING
The more you trade, the less you pay
Save at least 30% compared to your Bank
your money & data are
safe and secure
For more details, look through our FAQ. If the answer you are looking for is not there, please contact support@statrys.com.