BOCHK Business Account Business Account BOCHK Business Account
HK$200
- Monthly Fee: HKD 200/month
- Transactions: Unlimited
- Payment Tools: International transfers + cards
Compare Business Banking in Hong Kong
Compare business bank accounts and SME banking in Hong Kong.
20 live business banking offers tracked across 20 Hong Kong providers, with monthly fees from HK$200. Data current as of 23 October 2026 and updated daily from the Giraffy database.
Live offers
20 live offers compared from 20 providers, from HK$200. Updated daily.
Citibank Business HK Business Account Citibank Business HK
HK$200
- Monthly Fee: HKD 200/month
- Transactions: 100 free/month
- Payment Tools: International transfers + cards
OCBC Business HK Business Account OCBC Business HK
HK$200
- Monthly Fee: HKD 200/month
- Transactions: 100 free/month
- Payment Tools: Multi-currency
Neat Business Business Account Neat Business
HK$200
- Monthly Fee: HKD 200/month
- Transactions: 100 free/month
- Payment Tools: International transfers + cards
Tide HK Business Account Tide HK
HK$200
- Monthly Fee: HKD 200/month
- Transactions: Unlimited
- Payment Tools: International transfers + cards
Standard Chartered Business HK Business Account Standard Chartered Business HK
HK$200
- Monthly Fee: HKD 200/month
- Transactions: Unlimited
- Payment Tools: International transfers + cards
ZA Business Business Account ZA Business
HK$200
- Monthly Fee: HKD 200/month
- Transactions: Unlimited
- Payment Tools: Multi-currency
Airwallex HK Business Account Airwallex HK
HK$200
- Monthly Fee: HKD 200/month
- Transactions: Unlimited
- Payment Tools: International transfers + cards
DBS Business Banking HK Business Account DBS Business Banking HK
HK$200
- Monthly Fee: HKD 200/month
- Transactions: Unlimited
- Payment Tools: Multi-currency
Airstar Business Account Airstar Bank
Price on request
- Monthly Fee: HK$0/month
- Transactions: Unlimited
- Payment Tools: Airstar App (digital SME banking)
BOCHK Business Banking Bank of China HK
Price on request
- Monthly Fee: HK$0/month
- Transactions: Unlimited
- Payment Tools: BOCHK Business Online
Citi Business Banking HK Citibank HK
Price on request
- Monthly Fee: HK$0/month
- Transactions: Unlimited
- Payment Tools: Citi Online Business
DBS Business Account HK DBS Hong Kong
Price on request
- Monthly Fee: HK$0/month
- Transactions: Unlimited
- Payment Tools: DBS IDEAL Business
Hang Seng Business HK Hang Seng Bank
Price on request
- Monthly Fee: HK$0/month
- Transactions: Unlimited
- Payment Tools: Hang Seng e-Banking Business
HSBC Business Banking HK HSBC Hong Kong
Price on request
- Monthly Fee: HK$0/month
- Transactions: Unlimited
- Payment Tools: HSBCnet Business + SWIFT
SC Business Account HK Standard Chartered HK
Price on request
- Monthly Fee: HK$0/month
- Transactions: Unlimited
- Payment Tools: SC Business Online
HSBC Business Banking HK Business Account HSBC Business Banking HK
Price on request
- Monthly Fee: Free
- Transactions: 100 free/month
- Payment Tools: Multi-currency
Aspire HK Business Account Aspire HK
Price on request
- Monthly Fee: Free
- Transactions: Unlimited
- Payment Tools: Multi-currency
Hang Seng Business Business Account Hang Seng Business
Price on request
- Monthly Fee: Free
- Transactions: Unlimited
- Payment Tools: Multi-currency
WeLab Business Business Account WeLab Business
Price on request
- Monthly Fee: Free
- Transactions: 100 free/month
- Payment Tools: Multi-currency
What is Business Banking in Hong Kong?
Business banking provides companies with current accounts, multi-currency handling, payments, trade finance, payroll and merchant services. As an international trade and finance hub, Hong Kong offers deep business-banking capability, from global-bank corporate services to virtual banks built for SMEs and startups. Accounts support HK$ and major foreign currencies, integrate with the Faster Payment System (FPS) and connect to trade and lending facilities.
How the Hong Kong market works
Incumbents such as HSBC Hong Kong, Bank of China (Hong Kong), Standard Chartered HK, Hang Seng Bank, DBS Hong Kong and Citibank HK serve everyone from micro-SMEs to multinationals, with trade finance and cash management. Virtual banks like Airstar Bank target SMEs with faster, lower-cost onboarding and lending. Account opening for companies involves know-your-customer and anti-money-laundering checks that can take time, which is why digital-first players compete on speed.
Benefits
Multi-currency trade — hold and settle in USD, CNY and more to support import and export flows.
Integrated payments — FPS, bulk payroll and autopay streamline supplier and staff payments.
Trade finance — letters of credit, invoice financing and guarantees support working capital.
Faster digital onboarding — virtual and digital-first banks shorten account opening for SMEs.
Cross-border reach — Hong Kong hub status gives strong CNY and international settlement for firms trading with the mainland.
How to choose
Match the bank to your stage: startups value fast onboarding and low minimums; trading firms need strong trade finance and FX; multinationals need global cash management. Compare monthly fees, minimum balances, transaction and FX charges, the ease of adding signatories, API and accounting integrations, and lending appetite. Factor in the realistic account-opening timeline and documentation burden.
Leading providers in Hong Kong
HSBC Hong Kong and Bank of China (Hong Kong) lead on scale, branch reach and trade finance; Standard Chartered HK, Hang Seng Bank and DBS Hong Kong offer strong SME and corporate propositions; Citibank HK suits internationally oriented firms. Airstar Bank represents the virtual-bank route for SMEs seeking quicker, leaner onboarding and digital lending. BOCHK business accounts are widely used for CNY and cross-border needs.
What it costs
Monthly account fees for SME accounts commonly sit around HK$200, sometimes waived above a minimum balance, with separate charges for FX conversion, telegraphic transfers, cheque books and below-balance shortfalls. Trade finance and merchant services are priced per facility or transaction. Virtual and digital-first banks often undercut incumbents on monthly fees and minimums to win smaller businesses. Some banks also require an initial deposit to open, and dormant or low-activity accounts can attract additional charges, so match the account to your expected turnover.
Protections and regulation
Business banks are authorised institutions supervised by the HKMA and members of the Deposit Protection Scheme, though corporate deposits above HK$800,000 exceed the protected limit. Banks must apply anti-money-laundering and know-your-customer rules under HKMA and statutory requirements, which is why onboarding is thorough. The Code of Banking Practice covers fair dealing and fee disclosure for smaller business customers.
Common questions
How long does opening take? — Traditional corporate accounts can take weeks; virtual and digital-first banks are often faster.
Are business deposits protected? — Eligible deposits are covered up to HK$800,000 per bank; larger balances are not.
Can I hold multiple currencies? — Yes; most business accounts support USD, CNY and other major currencies alongside HK$.
What documents are needed? — Expect company registration, business proof, director and beneficial-owner identification for KYC and anti-money-laundering checks.
Can startups get an account? — Yes, though some banks are cautious; virtual and digital-first banks such as Airstar are often more startup-friendly.
The cheapest Business Banking in Hong Kong is HK$200 from BOCHK Business Account.
Business Banking in Hong Kong — FAQ
What is the best business bank account in Hong Kong?
Giraffy tracks 20 business banking options across 20 providers in Hong Kong. Compare by monthly fee, included transactions, international transfer costs, and integration with accounting software to find the right fit for your business.
Do I need a separate business bank account?
Legally you must have a separate business account if you're a limited company. Sole traders can use a personal account, but a dedicated business account simplifies bookkeeping, gives a more professional image, and makes tax returns easier. Most accounting software integrates directly with business accounts.
What documents do I need to open a business bank account?
Requirements in Hong Kong typically include: Certificate of Incorporation (for limited companies), business address proof, director and beneficial owner IDs, and a description of business activities. HKMA-regulated banks are required to conduct Know Your Customer (KYC) checks — digital-first providers often complete this online.
What are typical business bank account fees?
Business accounts usually charge a monthly fee (£5–£40 equivalent) plus per-transaction fees for cash handling and international transfers. Digital-only business banks like Tide, Starling, and Monzo Business offer lower-cost or fee-free entry plans. Traditional banks typically include more cashflow tools and relationship banking.
Can I get a business credit card or overdraft with my account?
Many business bank accounts include access to a business credit card, overdraft facility, or invoice financing. These are subject to a business credit check. Separating business credit from personal credit helps protect your personal score if the business encounters cash flow difficulties.
How long does it take to open a business bank account?
Digital-first providers can open accounts in 24–48 hours. Traditional banks typically take 5–15 working days due to enhanced business due diligence. Having all documents ready (company certificate, director IDs, utility bills) in advance significantly speeds up the process.