Overview
ZA Bank, at a glance.
ZA Bank is a bank headquartered in Hong Kong, regulated by Hong Kong Monetary Authority, Securities and Futures Commission. Business accounts cost HKD 138 a month. Opening an account takes 3–5 days. Accepted through a relationship manager, at an opening fee of at least HKD 10,000. Online opening needs every owner and director to hold a Hong Kong ID.
ZA Bank Limited is a licensed bank in Hong Kong, authorised by the Hong Kong Monetary Authority as a virtual bank.
Why businesses pick ZA Bank
- Opened in the app in minutes, often within one working day
- Savings and transfers in 11 currencies, including HKD, CNY, USD, EUR and GBP
- Free transfers between ZA Bank accounts and free inward FPS payments
- Open to sole proprietors, partnerships and limited companies
- Companies with owners outside Hong Kong can apply through a relationship manager
Watch out for
- Online opening needs every shareholder and director to hold a Hong Kong ID and be a Hong Kong tax resident
- Opening through a relationship manager costs HKD 10,000 or more
- HKD 138 a month from month 13 unless the balance stays above HKD 50,000
- Outward SWIFT costs HKD 100 plus correspondent charges; inward HKD 50
- No business card is published
Business fit
Will ZA 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 ZA Bank's published rules
Likely no
ZA Bank does not list United Kingdom among the countries where it accepts companies.
ZA 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 ZA Bank publishes about the businesses it takes on.
Who ZA Bank serves
- Startups and SMEs
- E-commerce
- Import and export
- Professional services
Not supported
Industries and countries ZA Bank does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use ZA Bank?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
11 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- CNY
- HKD
- NZD
- SGD
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
Limited companies, Partnerships, Sole proprietorships
Pricing
What does ZA 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 138
Opened online
Lowest costHKD 138 per month
HKD 1,500 setup · HKD 3,156 in year one
Opened through a relationship manager
HKD 138 per month
HKD 10,000 setup · HKD 11,656 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | HKD 50 | Fixed fee |
| Outgoing | ||
| SWIFT / international | HKD 100 | Fixed fee · Plus correspondent charges at cost |
| To another ZA Bank account | Free | No charge · To another ZA Bank account |
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 ZA Bank a bank?
Yes. ZA Bank Limited is a licensed bank in Hong Kong, authorised by the Hong Kong Monetary Authority as a virtual bank.
How much does a ZA Bank business account cost?
Opening online needs a prepaid HKD 1,500 for the first 12 months. From month 13 it costs HKD 138 a month, waived when the balance is HKD 50,000 or more. Opening through a relationship manager costs HKD 10,000.
Who can open a ZA Bank business account online?
Companies, partnerships and sole proprietorships registered and operating in Hong Kong, whose owners and directors all hold Hong Kong IDs and are Hong Kong tax residents.
Can a company with owners outside Hong Kong open an account?
It can apply through a relationship manager, which reviews non-resident owners and overseas shareholders case by case, at a higher opening fee.
Alternatives
How ZA Bank compares.
If ZA Bank is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 ZA BankThis pageBank |  | Virtual bankMulti-currency |
 Ele BankBank | | No monthly feeDeposit protection |
 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.