Business account costs in Hong Kong come mainly from account opening fees at some traditional banks, monthly or service fees, minimum balance rules, and transfer charges. Fintech providers often publish low or no monthly fees, while traditional banks may charge to open and apply a minimum balance.
- Account opening fee
- Charged at some traditional banks, for example Hang Seng at 1,000 to 1,300 Hong Kong dollars
- Monthly fee
- From no monthly fee at some fintech providers to a flat or prepaid fee elsewhere
- Minimum balance
- Common at some traditional accounts, often none at digital and fintech accounts
- Charged in
- Hong Kong dollar (HKD)
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How business account fees work in Hong Kong
Fees fall into a few groups. Some traditional banks charge a one off account opening fee, and a monthly or service fee is common across both traditional and digital providers. A minimum or average balance requirement appears at some traditional accounts, where a charge applies in any month the balance falls below the set level. On top of these sit transaction costs, such as charges for international transfers, currency conversion away from the mid market rate, and cash handling. As of 19 March 2026, Hang Seng charges an account opening fee of 1,000 Hong Kong dollars for a remote application and 1,300 in branch, the Statrys business account markets a multi currency account in 11 currencies with no monthly fee, and ZA Bank requires prepaying 12 months of service fees totalling 1,500 Hong Kong dollars for its online business account. Confirm current pricing with the provider.
Opening fees, monthly fees and minimum balance
Some traditional banks charge to open a business account and apply a minimum or average balance, with a fee in any month the balance falls below the set level. Digital banks and fintech providers tend to charge a flat or low monthly fee, or none, and often set no minimum balance, which makes costs more predictable for a new company. Read both the headline fee and any balance requirement, since a low fee account can still tie up cash.
Transaction and currency costs
Many businesses in Hong Kong trade across borders, so transfer and conversion charges can matter more than the monthly fee. Compare the cost for each transfer, the exchange rate margin, and any limits on free transfers, since these vary widely between providers.
What drives the cost
Three things drive what a business account costs in Hong Kong, as of 19 March 2026. Verify with the provider
- An account opening fee at some traditional banks, and a monthly or service fee at most providers.
- A minimum or average balance requirement, more common at traditional banks, with a charge in any month the balance falls below the set level.
- Transaction costs, such as international transfers, currency conversion and cash handling.
How to compare on fees
- List the fees that apply to how you will actually use the account, including transfers abroad and currency conversion.
- Compare any account opening and monthly fee against any minimum balance requirement, since a low fee account can still tie up cash.
- Confirm the current fee schedule with the provider before you apply, as pricing changes.
Compare business accounts available in Hong Kong
These providers accept business customers in Hong Kong. Fees and eligibility shown as of 19 March 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about business account fees in Hong Kong
How much does a business bank account cost in Hong Kong?
Is there a business account with no monthly fee in Hong Kong?
Do Hong Kong banks require a minimum balance?
Are international transfer fees high in Hong Kong?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 19 March 2026. Confirm current terms with the provider before applying.