Banking Guide

Can foreign-owned companies still open business accounts in Hong Kong? We break down the challenges and explain why fintechs like Statrys offer a better alternative in 2025.

In this video, we explain why every business can benefit from having multiple business accounts.

Learn how to locate BIC/SWIFT codes for international payments with Statrys, and understand the importance of these codes for secure transfers.

Sending money to China in 2025? Explore the top 5 services for personal and business transfers, including Xoom, Statrys, Wise, Western Union, and Remitly. Find out which option suits your needs best and how Statrys can help businesses with cross-border payments.

Vincent Cloarec, forensic finance expert at Statrys, breaks down the FTX scandal, Panama Papers, and Singapore’s $3 billion money laundering case.

This video will explain what a multi-currency account is and how you can utilise this for your business.

Money laundering. Terrorism financing. Financial fraud. Hong Kong has one of the most secure financial systems to combat these risks. But did you know that banks aren’t the only financial players in the city?

Discover the key differences, advantages, and drawbacks of traditional banks and fintech for businesses.

Learn what industries are eligible for a business account in this video, as we explain why industry risk matters and offer tips to make your business account application smoother.

Opening a Business Account in Hong Kong? Jeffrey from Statrys walks you through the required documents, common mistakes, and how to ensure a smooth application process.

Opening a Hong Kong business account as a foreigner can be tricky. Learn how to avoid delays, rejections, and paperwork pitfalls with traditional banks versus fintech solutions.

In this final episode of our eligibility series, we explain how payment routes and the countries you send funds to can affect your business account approval. Avoid the common pitfalls!

In this video, Muthita at Statrys explains what a Payment Gateway is. From simple online stores to complex global operations, we'll break down the basics!

Learn why traditional banking is challenging and how Statrys can streamline the process with a fully online multi-currency business account tailored for international businesses.

After opening a Hong Kong business account, maintaining compliance is key. This video shares 4 practical tips to avoid account freezes and compliance issues for Hong Kong business accounts.

In this video, Jess from Statrys explains why opening a business account with a traditional bank in Hong Kong can be challenging for foreign entrepreneurs.

In this video, Bertrand Théaud, founder of Statrys, explains how virtual banks came to be in Hong Kong, their unique benefits, and how to choose the best virtual bank for your needs.