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Expat Banking in Hong Kong

Nearly all major banks are represented in Hong Kong. To open an account locally, your passport and an address will suffice although some will expect to see a work permit and/or residence permit.

If you're travelling around the region frequently, you'll probably opt for a large bank such as HSBC (Hong Kong and Shanghai Banking Corporation) to make use of their facilities as you travel. They also have their international headquarters in Central.

ATM's are everywhere. All of the ATM networks are represented. VISA, Mastercard, AMEX are all widely used and accepted.

A bank account is a must if you're living in this city and are relatively straightforward to set up. The HKSAR banking system is fast and efficient. International transfers are fast and reliable. The territory is a major international finance centre.

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