Overview
Ele Bank, at a glance.
Ele Bank is a bank headquartered in Hong Kong, regulated by Hong Kong Monetary Authority. Business accounts cost HKD 0 a month. Opening an account takes 3–5 days.
Ele Bank Limited is a licensed bank in Hong Kong and a member of the Hong Kong Deposit Protection Scheme, which protects eligible deposits up to HKD 800,000 per depositor.
Why businesses pick Ele Bank
- No monthly fee and no Corporate Internet Banking fee
- Free incoming FPS, RTGS and telegraphic transfers, and free outgoing FPS
- Accounts in Hong Kong dollars, US dollars and renminbi
- Opening as fast as 48 hours for eligible SMEs
- Deposits protected up to HKD 800,000
Watch out for
- Only for companies registered in Hong Kong, taxed only in Hong Kong and doing business mainly there
- Connected parties need a Hong Kong ID (Standard also takes Mainland China IDs)
- Opening costs HKD 850 to HKD 1,500, and at least HKD 8,000 for structures other than a single-layer local company
- Outgoing telegraphic transfers cost HKD 80 to HKD 380 depending on who pays the charges
- No business card
Business fit
Will Ele 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 Ele Bank's published rules
Likely no
Ele Bank does not list United Kingdom among the countries where it accepts companies.
Ele 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 Ele Bank publishes about the businesses it takes on.
Who Ele Bank serves
- Startups and SMEs
- E-commerce
- Import and export
- Professional services
Not supported
Industries and countries Ele Bank does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Ele Bank?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
HKD, USD and CNY
- USD
- CNY
- HKD
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- Hong Kong SAR China
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Single-tier Hong Kong companies (Streamlined), Hong Kong-registered companies (Standard)
Pricing
What does Ele 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 850
depends on plan
Monthly fee
Free
Streamlined Corporate Account
Lowest costHKD 0 per month
HKD 850 setup · HKD 850 in year one
Standard Corporate Account
HKD 0 per month
HKD 1,500 setup · HKD 1,500 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | Free | No charge |
| Outgoing | ||
| SWIFT / international | HKD 80–380 | Fixed fee; varies by plan · HKD 80 with shared charges, HKD 380 with all charges paid; USD 12 to USD 50 |
| To another Ele Bank account | Free | No charge |
Ranges span the plans; higher plans pay the lower end.
Other fees
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Ele Bank a bank?
Yes. Ele Bank Limited, known until 2026 as Airstar Bank, is a licensed bank in Hong Kong, authorised by the Hong Kong Monetary Authority. Eligible deposits are protected up to HKD 800,000.
How much does an Ele Bank corporate account cost?
Opening costs HKD 850 for a Streamlined account and HKD 1,500 for a Standard account (at least HKD 8,000 for other structures). There is no monthly fee.
Who can open an account?
Companies registered in Hong Kong, taxed only in Hong Kong and doing business mainly there. Streamlined accounts are for single-tier companies whose connected parties hold Hong Kong IDs; Standard accounts also take Mainland China ID holders.
Which currencies does Ele Bank offer?
Hong Kong dollars, US dollars and renminbi.
Alternatives
How Ele Bank compares.
If Ele Bank is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Ele BankThis pageBank |  | Virtual bankDeposit protection |
 ZA BankBank | | Virtual bank11 currencies |
 livi bankBank | | No monthly feeDeposit protection |
 Ping An Digital BankBank | | No monthly feeNon-residents accepted |
 StatrysMoney service operator |  | Hong Kong accountFree account |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.