Top 5 ZA Bank Alternatives in 2025 (and What They Do Better)

If you manage business finances in Hong Kong, you may already use ZA Bank or be considering it as your virtual banking platform. With a fully online setup and support for HKD, CNY, and USD, it’s a fast, convenient choice for SMEs and entrepreneurs seeking an alternative to traditional banks.

But for businesses operating across borders, ZA Bank may fall short. Its international payment options are limited, it supports fewer currencies, and it lacks advanced features like team access controls and bulk payments.

That’s why this article compares five strong alternatives—providers offering greater flexibility, better international coverage, and powerful tools designed to help your business grow.

ZA Bank is a virtual bank in Hong Kong offering digital business accounts in HKD, CNY, and USD. It also supports batch payroll and provides 24/7 customer support, which makes it a practical choice for SMEs with local banking needs.

Even so, it may not meet the needs of businesses that work across borders. It supports only three currencies, does not offer payment cards, and lacks accounting software integrations. It is also limited to companies incorporated in Hong Kong with local tax-resident owners.

If your business needs more international support or advanced features, here are the key things to look for in an alternative:

• Multi-currency accounts: Hold and manage payments in a wider range of currencies.
• Local account details: Receive payments like a local in major markets such as the US, UK, or EU.
• Business tools: Use features like batch transfers, invoicing, cards, and accounting integrations.
• Transparent fees and FX rates: Know exactly what you’re paying for transfers and currency exchange.
• Team access controls: Assign roles and permissions for different users.
• Payment cards: Use virtual or physical cards for business spending.
• Human support: Get help from real people when you need it.

Here’s a quick overview of five providers that offer broader global coverage, better currency support, and more flexible tools than ZA Bank.

Statrys is a Hong Kong-based fintech that provides business accounts for SMEs, startups, and companies with international operations. It supports 11 major currencies, enables payments via SWIFT, FPS, and CHATS, and offers real-time FX rates starting from 0.1% above the mid-market rate.

You can integrate with Xero for accounting, and manage your account entirely online. Statrys also stands out for offering direct access to human support through phone, WhatsApp, email, or WeChat. This level of support is uncommon among fintech providers.

There are no setup costs, no monthly fees, and no minimum deposit requirements. However, accounts are primarily available to companies registered in Hong Kong, Singapore, and the BVI.

Key Services Offered by Statrys

• Multi-currency account: Hold and manage 11 major currencies in one account
• Local and global payments: Use FPS and CHATS in Hong Kong, or SWIFT for international transfers
• Transparent FX rates: Convert currencies at real-time rates from as low as 0.1%
• Prepaid Mastercard®: Issue virtual cards for company spending
• Xero integration: Sync and reconcile payments, including card transactions
• Role-based access: Assign permissions such as Viewer, Maker, or Approver
• Dedicated human support: Get help via phone, WhatsApp, WeChat, or email
• Payment tracking: Monitor SWIFT transfers with real-time status and shareable links

Statrys Fees

For full details, visit Statrys’ pricing page.

Pros and Cons of Statrys

Statrys vs ZA Bank

Airwallex is a digital payment platform designed for businesses that manage cross-border payments and global teams. Founded in Australia, it has a strong presence in Asia, including Hong Kong and Singapore. The platform supports over 60 currencies, offers local account details in major markets, and includes tools like batch transfers and API integrations.
This makes it a strong option for businesses that sell internationally, pay overseas contractors, or need more flexibility than a local bank can offer. However, some features vary by region. Customer support is limited to email and chatbot, and fees for receiving payments via SWIFT are not always clearly shown before sign-up. These factors may matter if your business values transparent pricing or live support.

Key Services Offered by Airwallex

• Multi-currency wallet: Hold and convert 60+ currencies including HKD, USD, EUR, GBP, SGD, and AUD
• Local receiving accounts: Get account details in 60+ countries to receive payments like a local
• Global payments: Send money via SWIFT or local networks such as SEPA, CHAPS, and ACH
• Batch transfers: Pay up to 1,000 recipients at once using a CSV file
• Visa business cards: Issue virtual or physical cards with spending controls (ATM withdrawals not supported)
• Business integrations: Connect with Xero, QuickBooks, HubSpot, or use APIs for automation

Airwallex Fees

Features, pricing, and availability may vary by region or business type. View the full Airwallex pricing page or contact Airwallex for a tailored quote.

Pros and Cons of Airwallex

Airwallex vs ZA Bank

Wise offers a global business account designed for companies and professionals who operate across borders. It supports over 40 currencies and provides local account details in 23 of them, including major markets like the US, UK, EU, and Singapore. This makes it easy to receive payments like a local.

You can send money to more than 70 countries at the real mid-market exchange rate, with low and transparent fees. Wise also supports batch payments, payment links, and integrations with major accounting platforms. These features help streamline how businesses move and collect funds globally.

However, Wise has no business debit card in Hong Kong. If your business needs to spend using cards or withdraw from ATMs, this may be a limitation.

Key Services Offered by Wise

• Multi-currency account: Hold and convert over 40 currencies in one account
• Local account details: Receive payments in 23 currencies, including HKD, USD, EUR, GBP, AUD, and SGD
• Global transfers: Send money to over 70 countries at the mid-market exchange rate
• Batch payments: Upload CSV files to pay up to 1,000 recipients at once
• Payment links and invoicing: Request payments via link or invoice
• Accounting integrations: Sync with Xero, QuickBooks, and FreeAgent
• Team access controls: Assign user roles and manage permissions
• Customer support: Access email, phone, and live chat when logged in

Wise Fees

Volume discounts apply for transfers over USD 25,000/month. See the full fee table on the Wise Business pricing page.

Pros and Cons of Wise

Wise vs ZA Bank

If your business relies on international platforms or sells across multiple regions, Currenxie offers the kind of flexibility that traditional banks often lack. With the Currenxie business account, you can collect payments using local bank details in over 40 countries, hold 20+ currencies in one place, and make fast payments to more than 120 markets.

Beyond global payments, Currenxie supports marketplace integrations with platforms like Amazon and Shopify, plus accounting sync via Xero. Hong Kong-based businesses can also apply for a Visa card with spending controls and cashback rewards. For larger businesses, API access makes it easier to scale payment operations.

That said, the platform is only available to registered companies and not open to sole traders or US-incorporated entities. Customer support is also limited to email, with no hotline or live chat options.

Key Services Offered by Currenxie

• Multi-currency wallet: Hold and manage 20+ currencies in one account
• Virtual account details: Receive local payments in over 40 countries, including the US, UK, EU, and  Hong Kong
• Global transfers: Send payments to 120+ countries via local routes or SWIFT
• Visa business card: Available for Hong Kong companies with spending controls and partner perks
• Marketplace collection: Connect with Amazon, PayPal, Shopify, Stripe, Klarna, and others
• Xero integration: Sync transactions and track cash flow in one platform
• Team access controls: Manage roles and permissions for internal users
• API integration: Automate cross-border payments, FX, and card issuing

Currenxie Fees

See the full fee breakdown on Currenxie's official pricing page.

Pros and Cons of Currenxie

Currenxie vs ZA Bank

Payoneer stands out as a global payment solution built for the platform economy. Whether you're a freelancer invoicing overseas clients or an online seller managing payouts from multiple marketplaces, it provides access to local receiving accounts in major currencies and supports payments to more than 190 countries.

Its wide network of marketplace integrations, including Amazon, Upwork, Airbnb, and over 2,000 other platforms, makes it especially useful for digital-first businesses. Payoneer also offers batch payment tools and Mastercard® cards in eligible markets, helping you manage global earnings in one account.

However, businesses with lower transaction volumes or a need for cost-efficient FX may find the fees limiting. Support is only available after login and may vary depending on your location.

Services Offered by Payoneer

• Multi-currency account: Hold and manage balances in over 30 currencies
• Local receiving accounts: Available for USD, EUR, GBP, SGD, CAD, and more
• Global payments: Send funds to 190+ countries in 70+ currencies
• Marketplace integrations: Connect with 2,000+ platforms, including Amazon, Fiverr, and Airbnb
• Batch and scheduled payments: Pay up to 1,000 recipients at once
• Payoneer Card: Mastercard® (virtual or physical, depending on eligibility and country)
• Withdraw to local bank: Hong Kong withdrawals supported (fees may apply)

Payoneer Fees

Card availability and fee conditions may vary by country. Visit Payoneer’s pricing page for the most accurate and up-to-date fees.

Pros and Cons of Payoneer

Payoneer vs ZA Bank

Choosing the right provider isn’t always about picking just one. Depending on how your business operates, a combination of tools may serve you best. Focus on what fits your needs today and supports where you’re headed next. The right setup should make doing business across borders easier, not harder.