- Osome Blog HK
- 10 Best Bank Accounts for Ecommerce Businesses in Hong Kong
Best Bank Accounts for Ecommerce Businesses
- Modified: 11 September 2025
- 6 min read
- Money Talk, Ecommerce
Syahirah Aiman Abbas
Author
Syahirah Aiman Abbas is a writer and translator who loves languages. After learning Malay, English, Arabic, Indonesian and French, now she is on to Turkish!
Traditionally, setting up a business bank account in Hong Kong could be a daunting task, as there are several steps and procedures to clear before you can open an account.
Nowadays, banking alternatives emerge as new banking solutions – good news for online businesses searching for more business bank accounts options for their ecommerce store. To gain a competitive edge, some Hong Kong conventional banks are following suit, crafting their newer banking products in response to the alternative banks’ offerings.
1 Airwallex
Airwallex is a global financial platform designed to simplify and unify financial operations for modern businesses. By combining proprietary infrastructure with software and AI, it helps ecommerce companies manage accounts, payments, spend, and embedded financial services – replacing fragmented, legacy systems with a single solution. Trusted by over 150,000 businesses worldwide, including TikTok, Qantas, and SHEIN, Airwallex supports cross-border growth for ambitious entrepreneurs.
Key features:
- Multi-currency business accounts and payments to handle international transactions.
- Spend management tools and embedded financial products for operational efficiency.
- AI-driven platform to streamline accounting, reconciliation, and reporting.
- Seamless integration with business workflows for faster scaling.
Fees: Varies by account type and transaction volume; competitive rates for cross-border payments and FX.
Eligibility: Open to Hong Kong–incorporated SMEs; offshore companies can apply subject to additional compliance checks.
Airwallex’s platform is ideal for ecommerce businesses seeking a global, tech-first banking solution that reduces administrative friction and supports international growth. Sign up through Osome for an exclusive HK$ 2,000 rebate.
2 Aspire
Aspire provides a fully digital banking experience for SMEs and ecommerce companies, allowing account opening 100% online in as little as 3 days. The platform is designed to streamline business finances while offering fast payments, multi-currency accounts, and team management tools.
Key features:
- Free account with zero monthly fees, no opening deposit, and no minimum balance.
- Multi-currency local collection accounts in HKD, CNY, and USD.
- Fast and cost-effective payments in 30+ currencies; local payments in 18+ currencies with low FX fees.
- Unlimited virtual cards for team expense management with real-time tracking.
- Integration with Osome Connect for faster reconciliation and up to 4x quicker bookkeeping.
Fees: No monthly maintenance, zero account opening fees; FX and payment fees vary by currency.
Eligibility: Open to Hong Kong–incorporated SMEs; remote account opening is available for global founders.
Aspire is a strong choice for ecommerce businesses that need flexible, fully digital banking, fast payments, and seamless accounting integration
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3 OCBC Bank
OCBC Bank (Hong Kong) Limited (formerly OCBC Wing Hang) became a full subsidiary of OCBC Singapore in 2014 and adopted its current unified branding in July 2023. Its SME Business Account provides a comprehensive multi-currency business banking solution tailored to SMEs:
- Hold and transact in 15 currencies (e.g., USD, HKD, RMB, SGD, AUD, GBP).
- Includes a Visa business debit card, FPS transfers, SWIFT payments, and 24/7 account access via the OCBC Velocity platform with real-time alerts.
- Treasury tools: structured FX forwards and options, plus trade finance (LCs) and payroll/MPF support.
- Fees: HK$ 150 monthly maintenance waived with average TRB ≥ HK$ 50,000; typically requires an initial deposit of HK$ 50,000. Offshore entities may incur an annual HK$ 800 maintenance plus HK$ 500/month fees if balances stay below HK$ 100,000.
- Eligibility: Open to Hong Kong–incorporated SMEs (limits apply); offshore company applications are possible but require stricter due diligence and higher fees.
With strong regional coverage and a robust digital banking platform, OCBC remains a compelling choice for SMEs that need multi-currency transactions and trade-related services. Let me know if you'd like a comparison with another bank or more details on account opening!
4 Hang Seng Bank
Hang Seng Bank’s Integrated Business Solutions (IBS) Account is an all-in-one business banking solution designed for SMEs and corporations, combining HKD current, savings (including RMB and foreign currencies), time deposits, investment, and statement gold accounts.
- New customers can open the account fully online within around 5 days, with an HK$ 1,200 waiver on the account opening administrative fee.
- Key features include payroll service fee waivers, a temporary overdraft facility of up to HK$ 10,000 to avoid returned cheques or autopay failure, and an annual fee waiver on the Hang Seng Commercial Mastercard for the first two years.
- Fees: HK$ 200 monthly maintenance fee is waived if the Total Relationship Balance is above HK$ 100,000.
- Eligibility: Available to local, overseas, and PRC-registered companies.
With strong local support and flexible multi-currency options, Hang Seng’s IBS Account suits ecommerce businesses seeking integrated banking and treasury services.
5 Transwap
Transwap, founded in 2018, is a digital cross-border payments platform serving SMEs and ecommerce businesses globally, including in Hong Kong. The Transwap Business Account offers multi-currency banking with over 50 currencies supported and real-time FX rates. Account opening is fully online with quick onboarding and no branch visits. Features include:
- Fee structure: Transparent FX fees starting from 0.3%, no monthly maintenance fees, and competitive transaction charges.
- Currency management: Hold, pay, and receive in multiple currencies, with real-time exchange rate updates.
- Digital tools: Access via a web dashboard and API integration for automated payments, bulk payouts, and accounting software compatibility.
Transwap focuses on making international payments easy and cost-effective, ideal for ecommerce businesses expanding globally.
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6 Wise
Wise, launched in 2011 as TransferWise to revolutionise international money transfers, now serves over 12 million customers worldwide who move billions every month, saving users significant fees.
Account Name: Wise Business Account
Features and benefits:
- Receive payments like a local with multiple currency accounts, including GBP, EUR, USD, AUD, and more, all accessible within a single Wise Business account.
- Connect your account seamlessly to popular e-commerce platforms such as Amazon, PayPal, Shopify, and others to manage sales earnings effortlessly.
- Convert and hold funds in over 50 currencies at the real mid-market exchange rate with low, transparent fees.
- Use the Wise Business debit card to pay online or in-store globally without foreign transaction fees.
- Enjoy a fully digital onboarding process with no monthly account fees.
Fees: No setup or monthly maintenance fees; transparent low conversion fees apply per transaction.
Eligibility: Available to registered companies with a valid business registration number and address.
7 Currenxie
Currenxie Limited is a licensed Money Service Operator and Money Lenders License holder in Hong Kong, providing global payment solutions through one of the largest virtual account networks spanning 28 countries and 18 currencies. Its Hong Kong Multi-Currency Account is ideal for ecommerce businesses managing payments in multiple currencies.
Account Name: Hong Kong Multi-Currency Account
Features and benefits:
- Collection accounts available in up to 14 currencies, including HKD, USD, EUR, GBP, AUD, and more.
- Unique local bank account numbers for regions such as Hong Kong, Australia, Canada, Japan, Singapore, Europe, the UK, and the USA.
- Fully online account opening and mobile-friendly management.
- No setup or monthly maintenance fees.
Fees: Transparent, with no setup or maintenance fees.
Eligibility: Open to all Hong Kong-registered businesses.
8 Statrys
Statrys has been operating since 2018, and today, its clients hail from 85 countries and it has offices in 3 locations. Statrys is a modern and innovative platform designed to cater to SMEs and entrepreneurs seeking flexible payment services and advanced Forex solutions that will enable them to grow their business internationally. Statrys Multi-Currency Business Account is its virtual business account for Hong Kong.
Account Name: Multi-Currency Business Account
Features and benefits:
- Dedicated account number for your business accounts in 11 currencies.
- Quick and easy domestic and international payments.
- Give your clients and suppliers the option to pay in their preferred currency. Statrys offer competitive rates when you exchange money, which means you pay lesser fees.
Fees: HK$ 88 monthly fee.
Eligibility: All companies registered in Hong Kong are eligible.
Osome helps ecommerce businesses in Hong Kong open the right business account with trusted partners like HSBC, Transwap, Airwallex, Aspire, and WorldFirst. We guide you through the process so you can start collecting payments and growing your store, without the usual banking delays.
9 HSBC
HSBC, which opened in Hong Kong in March 1865, today serves around 41 million customers across 58 countries and territories. The HSBC Sprint Account is a business banking solution tailored for startups (registered for ≤ 3 years, turnover ≤ 3 million USD). It offers online-only account opening – no branch visits, and you receive an account number instantly. Features include:
- Fee structure: No monthly fee for the first 12 months; thereafter, the HK$ 200 fee is waived if the average TRB over the prior three months is ≥ HK$ 50,000 (otherwise HK$ 200 applies).
- Transaction charges: HK$ 10 per counter transaction.
- Digital tools: Access to online banking, the HSBC Business Express app, accounting software integrations (e.g., Xero), and QR-code acceptance via PayMe for Business and HSBC Business Collect.
10 WorldFirst
WorldFirst, established in 2004 and licensed as a Money Service Operator in Hong Kong, offers international payment solutions tailored for SMEs and ecommerce businesses. The World Account provides multi-currency capabilities, enabling businesses to manage global transactions efficiently.
Account Name: World Account
Features and benefits:
- Multi-currency support: Open local receiving accounts in over 20 currencies, including USD, EUR, GBP, HKD, SGD, JPY, and more, without the need for a local presence.
- Competitive exchange rates: Benefit from exchange rates up to three times better than traditional banks, with no hidden fees.
- Fast transfers: Enjoy quick and secure transfers, often within 1-2 working days for major currencies.
- Seamless marketplace integration: Easily collect payments from over 130 global marketplaces, including Amazon, Etsy, PayPal, and Shopify.
- Forward contracts: Lock in exchange rates for up to 24 months to manage currency risk effectively.
Fees: Free to open and maintain; no setup, monthly, or annual fees. Transparent low conversion fees apply per transaction.
Eligibility: Available to all Hong Kong-registered businesses.
After you have selected a business bank account tailored best for your ecommerce business needs, do not forget to keep your accounting up to date too. We could handle that for you and your Hong Kong company here at Osome.
Syahirah Aiman Abbas is a writer and translator who loves languages. After learning Malay, English, Arabic, Indonesian and French, now she is on to Turkish!
