Hong Kong banking has developed into one of the most affluent banking sectors in the world. If you would like to request more information on how to open up a bank account in Hong Kong then view our guides on different types of accounts and services available. Search our website for information about banking services available in Hong Kong.
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There are many licensed banks in Hong Kongs financial centre representing thirty two countries worldwide. The HKMA (Hong Kong Monetary Authority) is responsible for stabilising and securing the Hong Kong currency.
The many retail banks in Hong Kong also offer private banking services.
Licensed Banks, Restricted Licence Banks (RLB) and Deposit Taking Companies (DTC) are the kinds of banks located here. Current accounts and savings accounts are only undertaken by the licensed banks of Hong Kong. Retail banks offer a wide variety of account services and levels. Savings accounts can be in US dollars, renminbi or Hong Kong dollars. Many banks allow clients to link savings, current accounts, credit card and debit card services into one holding account. It is possible for you to avoid charges on cards and facilities by fulfilling a minimum deposit.
Click here if you would like more information on taxation.
Private Account Services
If you are searching for services for High Net Worth individuals, we recommend you get in touch with a bank based in Hong Kong that offers private banking services. The services offered include: Inheritance planning, family office, investment portfolio set up and management, trust formation, tailored services and wealth guarding. Clients of these types of accounts include celebrities, super rich people, corporations and royalty. Contact a bank today to speak to someone about opening an account and they can introduce you to a Private Banker.
List of Banks
For a complete list of banks in Hong Kong and information of the services they offer, please visit the list of banks page. If you would like to know more about private banking services, contact us.
Accounts can be opened for worldwide residents, provided you meet the criteria. Find out more by browsing our pages.
Types of Accounts Available
- Savings Account
- Long Term Savings
- Money Market
- Individual Savings
Financial Products and Services
- Credit Card
- Debit Card
- Investment Portfolio
- Family Office Services
- Asset Management
- Savings Account with High Interest
- Inheritance Advice
- Portfolio Management
- High Yield
- Gold Banking
- Precious Stones
- Offshore Bank Account
- Hong Kong Banking
To request more information about banking services available in Hong Kong, contact us.