Virtual Bank Account Opening (ZA Bank)

Open the Door to Seamless Finances

Experience Effortless Virtual Bank Account Opening in Hong Kong!

Since May 2018, Hong Kong Monetary Authority has launched virtual bank service and granted Eight virtual bank licenses. At the beginning, Virtual bank is limited to Hong Kong ID Card holder but now it is expanded to SME Enterprises and Company. Our CORE has now became an intermediary partner with the ZA Bank for Business Account opening.

After the bank account is opened, the following is the account details:

Bank name: ZA Bank Limited

Bank code: 387

Branch no.: 747

Account no.:1234 1234 1234 (example)


Bank Address: Core F, Cyberport 3, 100 Cyberport Road, Hong Kong

The following are the key factors when using this form of online banking accounts: 

    1. A bank account can be opened without the account holder visiting Hong Kong physically, but a video conference by Skype or WhatsApp may require;
    2. Only simple questions will be asked when opening an account, overly complicated and in-depth supporting documents in relation to your business are not required;
    3. You may demonstrate the nature and scope of your business through a company website (recommended);
    4. An account can be opened within 1 to 2 days;
    5. Offers a multi-currencies account with USD, EUR, GBP, HKD, RMB, AUD, CAD, CHF, DKK, GBP, JPY, NOK, NZD, SEK and SGD.
    6. Clients from all countries are allowed, with the exception of sanctioned countries;
    7. No limitation on the maximum amount that is maintained in the account;
    8. It is free of charge to open an account and no minimum balance requirement. The fee for each outward remittance is lower than usual banks, and the fee for each inward remittance is free;
    9. Small Business Loan at the maximum of USD500,000;
    10. Merchant Account connected with Global Payment for receiving credit card payment easily;
    11. Time Deposit Service at higher interest rate

Contact us today to learn more about opening a Virtual Bank Account in Hong Kong.