# Ant Bank (Hong Kong): Hong Kong business account

> A Hong Kong digital bank's SME business account: HKD and USD, no minimum deposit, no account opening or monthly fee, and free FPS and CHATS payments through its e-channel. For companies in Hong Kong with a Hong Kong ID-holding owner; sold alongside unsecured SME loans up to HK$5 million. Few details are published.

Finzil profile: https://finzil.com/providers/ant-bank-hong-kong · Provider website: https://antbank.hk · Facts checked: 2026-10-21

## Key facts

- **Monthly fee:** $0 (Monthly service fee waived)
- **Setup fee:** Free
- **Currencies:** 2 (HKD and USD)
- **Onboarding:** 3–5 days (typical)
- **Provider type:** Bank (HKMA-licensed)
- **IBAN:** No IBAN; Hong Kong account
- **Payment rails:** FPS, CHATS
- **Safeguarding:** Not published
- **Non-residents:** Not accepted
- **Headquarters:** Hong Kong
- **Currency codes:** HKD, USD

## Who can apply

- **Non-resident owners** (owner or director living outside the company's country): Not accepted
- **Countries of incorporation accepted:** Hong Kong SAR China (only these)
- **Countries of incorporation refused:** Not published
- **Owner residency accepted:** Hong Kong SAR China
- **Owner residency refused:** Not published
- **Owner nationality refused:** Not published
- **Company types accepted:** Sole proprietorships, Partnerships, Hong Kong limited companies

## Industries

- **Industries served:** Startups and SMEs
- **Prohibited industries (provider's own list):** Not published
- **Permitted industries (provider's own list):** SMEs in Hong Kong; Sole proprietorships; Partnerships; Limited companies

## Licences

- Hong Kong: Hong Kong Monetary Authority, Bank, Ant Bank (Hong Kong) Limited (https://vpr.hkma.gov.hk/eng/regulatory-resources/registers/register-of-ais-and-lros/info/100331)

## Fees

Source: https://render.antbank.hk/p/c/180021490000004296/index.html?agreementId=IG00103542&env=prod (checked 2026-10-21)

### Plans

- **Business account:** Free

### Incoming

- Faster Payments (GBP): Free

### Outgoing

- Faster Payments (GBP): Free
- Local transfer to another bank (CHATS paper request): HKD 55 · SHA or BEN; HK$250 if the sender pays all charges (OUR). Electronic CHATS is free.

### Currency exchange (FX)

- FX markup: Not published

## Opening an account

Opening an account typically takes three to five business days.

1. **Register.** Submit the offer form on the SME page with the company name, contact person and mobile number, choosing Business Accounts.
2. **Open an account.** Use Open an account now; the steps and documents for the business account are not described.
3. **Log on.** Manage the account through Business Banking.

Documents: Not published

## Pros and cons

- Pro: No account opening fee, monthly fee or minimum deposit
- Pro: Free FPS and CHATS payments through the e-channel
- Pro: HKD and USD accounts
- Pro: A licensed Hong Kong bank
- Pro: Unsecured SME loans up to HK$5 million with no application fee
- Con: For Hong Kong companies whose main owner holds a Hong Kong ID
- Con: The account-opening steps, documents and deposit-protection wording are not published
- Con: Paper CHATS payments cost HK$55 to HK$250
- Con: The English site is script-driven; the business account has thin public detail
- Con: Prohibited industries and gambling stance are not published

## Finzil's take (opinion)

Ant Bank's business account is free and simple on paper, but its public information is thin: no documents list, steps or deposit-protection wording. It is for a Hong Kong company with a Hong Kong ID-holding owner; ask the product team before relying on it.

## Alternatives

- [HSBC Hong Kong](https://finzil.com/providers/hsbc-hong-kong): Bank · Hong Kong
- [DBS Hong Kong](https://finzil.com/providers/dbs-hong-kong): Bank · Hong Kong
- [Hang Seng Bank](https://finzil.com/providers/hang-seng-bank): Bank · Hong Kong
- [Bank of China (Hong Kong)](https://finzil.com/providers/bank-of-china-hong-kong): Bank · Hong Kong

## FAQ

**Is Ant Bank a bank?**

Yes. Ant Bank (Hong Kong) Limited is a licensed bank on the HKMA register of authorized institutions.

**How much does the Ant Bank business account cost?**

The account application fee and monthly service fee are waived, there is no minimum deposit and FPS and CHATS payments through the e-channel are free. Paper CHATS requests cost HK$55 (HK$250 if you pay all charges) and a paper statement HK$100 a month.

**Who can open an Ant Bank business account?**

Sole proprietorships, partnerships and limited companies operating in Hong Kong whose main owner holds a Hong Kong ID card and address proof, per the SME page (the criteria sit beside the loan documents).

**What currencies can I hold?**

HKD and USD.

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