Overview
Bank of China (Hong Kong), at a glance.
Bank of China (Hong Kong) is a bank headquartered in Hong Kong, regulated by Hong Kong Monetary Authority. Business accounts cost HK$0–200 a month. Opening an account takes 3–5 days. Remote opening needs related parties who hold Hong Kong identity cards. Overseas companies explain why the account is in Hong Kong and how it is run if the person in charge is not based there.
Bank of China (Hong Kong) Limited is a licensed bank in Hong Kong, authorised by the Hong Kong Monetary Authority. Deposits are protected by Hong Kong's Deposit Protection Scheme up to HK$800,000 per depositor per bank.
Why businesses pick Bank of China (Hong Kong)
- Deposits in HKD and 16 other currencies, including CNY, THB, BND and ZAR
- Standard account free above a HK$50,000 relationship balance
- Remote opening with identity checks in the iGTB MOBILE app
- Overseas companies are accepted after a review
- Accepts sole proprietorships, partnerships and companies limited by guarantee
Watch out for
- HK$120 to HK$200 a month below the relationship-balance thresholds
- Remote opening only for Hong Kong companies with HKID holders and no corporate shareholder
- The bank may still ask for a branch visit
- Asks for proof of source of wealth
Business fit
Will Bank of China (Hong Kong) accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Bank of China (Hong Kong)'s published rules
Needs review
Bank of China (Hong Kong) works with Startups and SMEs, but does not publish the countries it accepts companies from.
Bank of China (Hong Kong) does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Bank of China (Hong Kong) publishes about the businesses it takes on.
Who Bank of China (Hong Kong) serves
- Startups and SMEs
- Import and export
- Professional services
Not supported
Industries and countries Bank of China (Hong Kong) does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Bank of China (Hong Kong)?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
17 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- BND
- CNY
- DKK
- HKD
- NOK
- NZD
- SEK
- SGD
- THB
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Sole proprietorships, Partnerships, Limited companies (including companies limited by guarantee), Overseas companies, after review
Pricing
What does Bank of China (Hong Kong) cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
HKD 120–200
depends on plan
Business Integrated Account
Lowest costHKD 120 per month
Setup fee not published
Business Integrated Account Plus
HKD 150 per month
Setup fee not published
Business Integrated Account Elite
HKD 200 per month
Setup fee not published
Transaction fees
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply online
Create a profile, fill in the application and upload the documents.
- 2
Remote check
BOCHK confirms whether the application can continue remotely.
- 3
Verify
Verify identities in the iGTB MOBILE app and confirm the account documents.
- 4
Account live
Log in to Corporate Internet Banking to activate the account.
Documents you need
- Certificate of incorporation
- Identity documents of directors, major shareholders and authorised signatories
- Organisation chart (more than 4 layers)
- Proof of source of wealth
FAQ
Your questions, answered.
Is Bank of China (Hong Kong) a bank?
Yes. Bank of China (Hong Kong) Limited is a licensed bank in Hong Kong, authorised by the Hong Kong Monetary Authority.
How much does a BOCHK business account cost?
The standard Business Integrated Account is free with a relationship balance of HK$50,000 or more and HK$120 a month below it. Plus and Elite have higher thresholds.
Can an overseas company open a BOCHK account?
Yes. BOCHK welcomes overseas companies and first asks why the account is in Hong Kong and how the business involves Hong Kong.
Which currencies does BOCHK offer?
Business deposits in HKD and 16 other currencies: CNY, USD, GBP, JPY, SGD, AUD, NZD, CAD, EUR, CHF, DKK, NOK, SEK, THB, BND and ZAR.
Alternatives
How Bank of China (Hong Kong) compares.
If Bank of China (Hong Kong) is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Bank of China (Hong Kong)This pageBank |  | Multi-currencyOverseas companies |
 Hang Seng BankBank | | Remote openingHKD |
 HSBC Hong KongBank | | 12 currenciesBig bank |
 ZA BankBank | | Virtual bank11 currencies |
 StatrysMoney service operator |  | Hong Kong accountFree account |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.