Overview
Fusion Bank, at a glance.
Fusion Bank is a licensed bank (virtual bank) headquartered in Hong Kong, regulated by HKMA. The company behind Fusion Bank is Fusion Bank Limited. Business accounts cost HK$0 a month. Opening an account takes 3–5 days.
Fusion Bank is a licensed bank in Hong Kong and a member of the Deposit Protection Scheme, which protects eligible deposits up to HK$800,000 per depositor.
Why businesses pick Fusion Bank
- No monthly fee and no minimum deposit
- Balances in six currencies: HKD, CNY, USD, EUR, JPY and AUD
- FPS and CHATS for local payments, plus remittances
- A licensed Hong Kong bank
- Opened online, as fast as one day
Watch out for
- Aimed at local Hong Kong startups and SMEs; rules for foreign owners not published
- Transfer and remittance fees not published
- No cards published
- The exchange rate margin is not published
- No list of refused industries published
Business fit
Will Fusion 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 Fusion Bank's published rules
Needs review
Fusion Bank works with Startups and SMEs, but does not publish the countries it accepts companies from.
Fusion 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 Fusion Bank publishes about the businesses it takes on.
Who Fusion Bank serves
- Startups and SMEs
- Import and export
Not supported
Industries and countries Fusion Bank does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Fusion Bank?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
6 currencies
- HKD
- CNY
- USD
- EUR
- JPY
- AUD
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Hong Kong companies (startups and SMEs)
Pricing
What does Fusion 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
Not published
Monthly fee
Free
Business Account
HKD 0 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
Sign up
Register on the Business Account Opening Platform.
- 2
Company details
Fill in the company information and upload the documents.
- 3
Identity
Verify your identity in the Fusion Bank app.
- 4
Verification call
Fusion Bank calls the contact person to confirm the company's details, then opens the account.
Documents you need
Not published
FAQ
Your questions, answered.
Is Fusion Bank a real bank?
Yes. Fusion Bank Limited is a licensed bank (virtual bank) supervised by the Hong Kong Monetary Authority, and a member of the Deposit Protection Scheme.
How much does a Fusion Bank Business Account cost?
There is no monthly fee and no minimum deposit. Fees for transfers, remittances and FX are not published.
Which currencies does Fusion Bank support?
HKD, CNY, USD, EUR, JPY and AUD, with instant exchange between them.
How long does opening take?
Fusion Bank says as fast as one day, depending on how complete the documents are.
Alternatives
How Fusion Bank compares.
If Fusion Bank is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
| Fusion BankThis pageLicensed bank (virtual bank) |  | Virtual bankHong Kong |
 ZA BankBank | | Virtual bank11 currencies |
 livi bankBank | | No monthly feeDeposit protection |
 Ping An Digital BankBank | | No monthly feeNon-residents accepted |
 AirwallexE-money institution |    | Global accountsOnline businesses |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.