Open an HKD Account - Hong Kong Dollar

Opening an account is very simple.

1. Send us your request to open an HKD account via the form on the left or through the account opening form. We will contact you to schedule a phone call to fully understand your needs regarding HKD flows.
2. Following this exchange, we will assist you with the administrative formalities to open access to the services of one of our partners, selected based on your needs. We remain your sole point of contact for the entire client relationship.
3. Once access to the services is validated, you can request the opening of your Hong Kong Dollar account and any other eligible currency. Your HKD account banking details are usually provided within minutes, and you can start receiving and making payments in HKD (Hong Kong Dollar).
4. If your business evolves and you have needs in other currencies, you can request the addition of an account in another currency at any time.

The Hong Kong Dollar (HKD) account for which we provide you the details is not a bank account per se because the account-holding institution is not a bank but a partner payment institution. These accounts are registered in your name, and the IBAN linked to the account is unique. You thus have a guarantee of fund segregation in the books of our partners. The security guarantees for your funds are similar to those offered by traditional banks. The account can be located in different countries according to your operational needs. Please consult the page related to opening a Hong Kong Dollar (HKD) account for more information.

It may be useful for your HKD (Hong Kong Dollar) account to be located in France or, conversely, in another country, depending on your operational needs and the location of your clients. This is why we allow great flexibility in the location of currency accounts. The HKD (Hong Kong Dollar) account can be located in the following countries of your choice:

• France
• Hong Kong
• United Kingdom
• Belgium
• Netherlands

You can view the updated table of possible locations for HKD (Hong Kong Dollar) accounts here: account locations

You can use this Hong Kong Dollar account to receive or store HKD for as long as you wish as long as your account is active. You are automatically notified by email each time a Hong Kong Dollar transfer is received in your HKD account. You can then freely reuse these HKD to make HKD payments to your suppliers or convert your Hong Kong Dollars, benefiting from very competitive exchange rates. There is no movement obligation on the accounts. 

Foreign currency payment collection systems like Adyen, Stripe, Paypal, Hipay, or internal systems of marketplaces like Amazon Pay are widely used by companies conducting international transactions. These systems are efficient, but if you do not have an account in the collected foreign currency, your income in that currency is automatically converted into euros at often very unfavorable exchange rates. Even when you have a bank account in the collected currency, this account often needs to be located in the country where the sale is made, which can be complicated with a traditional bank. Some of our partners offer currency accounts compatible with most marketplaces and collection systems.

You can find all eligible currencies for opening a currency account by visiting this page.

It is not possible to deposit checks or cash into your HKD (Hong Kong Dollar) account. Only bank transfers are accepted for transactions on the account. No bank card can be linked to the account at this time.

Account statements listing all operations in Hong Kong Dollars are downloadable at any time from the online interface. These statements include maximum information on beneficiaries, the origin of funds, related exchange operations, to facilitate the work of your accounting department.

All account statements can be automatically integrated into your treasury software or ERP via MT940 files. You thus find all HKD (Hong Kong Dollar) movements in your software, and you do not even need to connect to our online interface to obtain the up-to-date balance of your HKD (Hong Kong Dollar) account. Our technical teams can also automate the processing of currency payment files provided by your TMS / ERP.