Open a Hong Kong Business
Bank Account —
Remotely, in Days.
Multi-currency Airwallex account for your Hong Kong company. No visit to Hong Kong required. 24 currencies. Approved in 3–5 business days.
Slow. In-person. Uncertain.
- Typically 6–16 week approval timeline
- In-person branch visit usually required
- Minimum deposit requirements at some banks
- Extensive documentation and business proof
- Non-resident applications frequently declined
Fast. Remote. Multi-currency.
- 3–5 business day approval, 100% online
- No visit to Hong Kong required
- No minimum balance, no monthly fees for basic tier
- 24+ currency wallets from day one
- Virtual and physical Visa cards immediately available
Airwallex — Built for Global Business
Airwallex is an Australian-headquartered financial technology company, founded in 2015 and now operating in 50+ countries. It is regulated in Hong Kong as a Money Service Operator and holds licences from the FCA (UK), FinCEN (US), ASIC (Australia), and multiple other regulators globally.
For Hong Kong company owners, Airwallex provides a practical, fully digital alternative to traditional business banking. Your account is in your company's name, providing all the legitimacy of a corporate bank account without the bureaucratic overhead.
What makes it ideal for international founders
The core advantage is multi-currency wallets at interbank FX rates. You can receive USD from US clients, EUR from European clients, and pay CNY to Chinese suppliers — all without forced currency conversion and at rates close to the real exchange rate. Compared to traditional banks' FX spreads of 2–4%, Airwallex's approach saves significant money on every international transaction.
Everything Your Business Needs
Four pillars of modern business banking — all available through your Hong Kong Airwallex account.
Multi-Currency Wallets
Hold balances in 24+ currencies simultaneously. USD, EUR, GBP, HKD, AUD, CAD, CNY, SGD, JPY, CHF, THB, and more. Receive in any currency without forced conversion.
Global Payouts
Send money to 180+ countries at interbank FX rates. Pay suppliers in CNY, staff in THB, or partners in EUR — all from one account, at rates far better than traditional banks.
Virtual & Physical Visa Cards
Instant virtual Visa cards for online expenses. Physical Visa cards for in-person use. Set spending limits by card or team member. Full transaction visibility in real time.
Accounting Integrations
Xero and QuickBooks integrations sync transactions automatically. Eliminate manual bank reconciliation. Categorise expenses, track multi-currency P&L, and close your books faster.
How We Help You Open It
We handle the preparation and submission, so you are not navigating the application alone.
Your Company is Ready
Your HEVEA HK-formed company comes with all the documents Airwallex requires: Certificate of Incorporation, Business Registration Certificate, and company constitution — all formatted and certified correctly.
We Prepare Your Application
We compile your complete Airwallex application package — company documents, director ID, business description — in the exact format Airwallex needs. This significantly reduces the chance of delays or rejections.
Submit Online — Approved in Days
You submit the application directly to Airwallex online. Most Hong Kong company applications are approved within 3–5 business days. Once approved, your account is live and you can start transacting immediately.
What You Need to Apply
Airwallex requires standard corporate documents to open your account. HEVEA HK provides all the company documents — you provide the personal ones.
Certificate of Incorporation
Issued by the Companies Registry. HEVEA HK provides this as part of all incorporation packages. No extra action needed.
Business Registration Certificate
Issued by the Inland Revenue Department. Included in all HEVEA HK incorporations, delivered digitally within 24 hours.
Director's Passport
Valid government-issued photo ID for all directors. Used for identity verification by Airwallex's compliance team.
Proof of Address
Utility bill, bank statement, or government letter dated within 3 months, showing your residential address.
Business Description
A clear description of what your company does, who your clients are, and in which countries you operate. HEVEA HK helps you prepare this correctly.
Articles of Association
Your company's constitution document. Included with all HEVEA HK incorporations and certified for banking purposes.
All company documents are provided by HEVEA HK in the format required for banking applications. You only need to supply personal identification and address documents.
Traditional Bank vs Airwallex
A clear comparison of what you can expect from each route for your Hong Kong company's banking needs.
| Feature | Traditional HK Bank | Airwallex |
|---|---|---|
| Opening time | 6–16 weeks (typical) | 3–5 business days |
| Visit to Hong Kong required | Usually yes | No — 100% remote |
| Minimum balance | HK$10,000–HK$50,000+ | None |
| Currencies supported | 3–10 typically | 24+ |
| Virtual cards | Rarely available | Yes — instant virtual Visa |
| FX rates | Bank spread (2–4%) | Close to interbank rate |
| Accounting integration | Manual or limited | Xero, QuickBooks, API |
| Non-resident approval rate | Low to medium | High (with proper docs) |
Collecting Client Payments Globally
With Airwallex, your Hong Kong company can receive payments from clients around the world in their local currency — without the losses of forced conversion.
US Clients Paying USD
Airwallex provides you with a US local bank account number (ABA routing). Your US clients pay as if they are paying a local US company — no SWIFT fees, no currency conversion. Funds arrive in your USD wallet.
European Clients Paying EUR
Airwallex provides IBAN details for EUR collection. European clients pay via SEPA transfer — fast, cheap, and familiar to them. Your EUR balance accumulates in your EUR wallet for use or conversion as needed.
Chinese Suppliers Paid CNY
Pay Chinese suppliers directly in CNY from your Airwallex account. Competitive CNY rates, no need to go through an intermediary bank. Direct CNAPS transfers to mainland Chinese bank accounts.
For Online Sellers & Digital Businesses
Your Hong Kong company and Airwallex account work seamlessly with the major e-commerce and payment platforms used globally.
Amazon Seller Central
HK entities are eligible for Amazon Seller Central. Airwallex supported for disbursements from Amazon's UK, EU, and US marketplaces.
Stripe
Stripe is fully supported for Hong Kong-registered companies. Integrates with Airwallex for streamlined payout to your multi-currency wallets.
Shopify Payments
Hong Kong companies are eligible for Shopify Payments. Use a legitimate HK entity for greater credibility and lower risk of account suspension.
PayPal Business
PayPal Business accounts are available for Hong Kong companies. Use alongside Airwallex for clients who prefer PayPal, with simple transfer of funds between accounts.
Common Questions
Yes. You can apply to Airwallex immediately after incorporation — there is no minimum trading history required. You will need your Certificate of Incorporation and Business Registration Certificate, which HEVEA HK delivers within 24 hours of your company being formed.
Airwallex is not a licensed bank — it is a regulated electronic money institution and Money Service Operator. Your funds are held in safeguarded accounts, not commingled with Airwallex's own funds. For most international business purposes it functions identically to a bank account. For some specific requirements such as certain government tender applications, a traditional bank account may additionally be needed.
Our banking setup service (document preparation and application guidance) is $420 as a standalone service. It is included at no extra charge in our $2,290 Launch Pack, which bundles incorporation, company secretary, registered office, and banking setup in one package.
Airwallex's basic account has no monthly fee. Fees apply to specific transactions — FX conversions, card issuance, international transfers. Pricing is transaction-based, which means you only pay when you actually transact. Current fee schedules are available directly on Airwallex's website as pricing may change.
Yes. Starting with Airwallex does not prevent you from applying to a traditional bank later. Many clients use Airwallex for day-to-day international transactions while also maintaining a traditional HK bank account for specific purposes. HEVEA HK can advise on the traditional banking route once your company has some trading history, which strengthens those applications considerably.
Multi-currency banking for your HK company.
Open remotely in days. 24 currencies. Visa cards. Full accounting integration.
$420 standalone — or included in the $2,290 Launch Pack