Overview
Dah Sing Bank, at a glance.
Dah Sing Bank is a bank headquartered in Hong Kong, regulated by Hong Kong Monetary Authority. Business accounts cost HK$0–100 a month. Opening an account takes 3–5 days. The online route needs a relevant person holding a Hong Kong permanent identity card and excludes US citizens and residents. Overseas companies apply with a HK$10,000 opening fee.
Dah Sing Bank, 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 Dah Sing Bank
- Accepts sole proprietorships, partnerships, limited companies, societies and trusts
- Online opening for eligible Hong Kong companies
- Monthly fee only HK$100, and free above a HK$30,000 relationship balance
- Multi-currency Mastercard debit card
Watch out for
- HK$1,500 to open, HK$10,000 for an overseas company, plus HK$200 company search
- Telegraphic transfers cost HK$120 plus HK$130 cable charges
- Virtual-commodity businesses are treated as special companies with an extra HK$10,000 fee
- The online route excludes US citizens and residents
Business fit
Will Dah Sing Bank 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 Dah Sing Bank's published rules
Needs review
Dah Sing Bank works with Startups and SMEs, but does not publish the countries it accepts companies from.
Dah Sing Bank 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 Dah Sing Bank publishes about the businesses it takes on.
Who Dah Sing Bank serves
- Startups and SMEs
- Import and export
- Professional services
Not supported
Industries and countries Dah Sing Bank does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Dah Sing Bank?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
HKD, USD, CNY and more
HKD, USD and CNY current accounts; international remittances in other currencies.
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Sole proprietorships, Partnerships, Limited companies, Organisations, societies and trusts, Overseas companies
Pricing
What does Dah Sing Bank 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
From HKD 1,500
depends on plan
Monthly fee
HKD 100
Conditions
Half-yearly, after 12 months without activity and a low balance
328 Business Banking (Hong Kong company)
Lowest costHKD 100 per month
HKD 1,500 setup · HKD 2,700 in year one
328 Business Banking (overseas company)
HKD 100 per month
HKD 10,000 setup · HKD 11,200 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | HKD 70 | Fixed fee |
| Local transfer from another bank | HKD 15 | Fixed fee · Incoming CHATS in HKD |
| Outgoing | ||
| SWIFT / international | HKD 250 | Fixed fee · HK$120 plus HK$130 cable charges; HK$60 plus cable for Premium Status customers |
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
Complete the online profile for the company.
- 2
Verify
Verify identity with HKID and a selfie where eligible.
- 3
Documents
Upload the supporting documents and sign electronically.
- 4
Account live
Set up 328 Business e-Banking once the account is open.
Documents you need
Not published
FAQ
Your questions, answered.
Is Dah Sing Bank a bank?
Yes. Dah Sing Bank, Limited is a licensed bank in Hong Kong, authorised by the Hong Kong Monetary Authority.
How much does it cost to open a Dah Sing business account?
HK$1,500 for a company registered in Hong Kong and HK$10,000 for a company incorporated overseas, plus a HK$200 company search fee.
Is there a monthly fee?
HK$100 a month when the average relationship balance is below HK$30,000.
Can overseas companies open an account?
Yes. Overseas-incorporated companies pay a HK$10,000 opening fee; the online route is for eligible Hong Kong companies.
Alternatives
How Dah Sing Bank compares.
If Dah Sing Bank is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Dah Sing BankThis pageBank |  | Small businessesOverseas companies |
 Hang Seng BankBank | | Remote openingHKD |
 Bank of China (Hong Kong)Bank | | Multi-currencyOverseas companies |
 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.