{"id":179150,"date":"2024-12-16T09:30:32","date_gmt":"2024-12-16T01:30:32","guid":{"rendered":"https:\/\/thehoneycombers.com\/hong-kong\/?p=179150"},"modified":"2024-12-16T09:40:24","modified_gmt":"2024-12-16T01:40:24","slug":"virtual-banks-hong-kong","status":"publish","type":"post","link":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/","title":{"rendered":"Money, money, money! Everything you need to know about virtual banks in Hong Kong"},"content":{"rendered":"<p>It\u2019s the 21st century. The majority of our day-to-day life is made easier by online <a href=\"https:\/\/thehoneycombers.com\/hong-kong\/best-hong-kong-apps\/\" target=\"_blank\" rel=\"noopener\">apps<\/a>. Just think of the number of apps on your phone for everything from <a href=\"https:\/\/thehoneycombers.com\/hong-kong\/best-food-delivery-hong-kong\/\" target=\"_blank\" rel=\"noopener\">food delivery<\/a> to <a href=\"https:\/\/thehoneycombers.com\/hong-kong\/fashion-websites-with-free-shipping-to-hong-kong\/\" target=\"_blank\" rel=\"noopener\">clothes shopping<\/a> to even <a href=\"https:\/\/thehoneycombers.com\/hong-kong\/dating-apps-in-hong-kong-popular-online-dating\/\" target=\"_blank\" rel=\"noopener\">finding the love of your life<\/a>. So, why not save the hassle of waiting for hours at a bank and set up your savings account online instead? On that note, let\u2019s talk about virtual banks in Hong Kong that can easily be controlled and monitored online.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Online_banking_Virtual_banks_in_Hong_Kong_for_safe_and_speedy_transactions\"><\/span>Online banking: Virtual banks in Hong Kong for safe and speedy transactions<span class=\"ez-toc-section-end\"><\/span><\/h2><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_72 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#Online_banking_Virtual_banks_in_Hong_Kong_for_safe_and_speedy_transactions\" title=\"Online banking: Virtual banks in Hong Kong for safe and speedy transactions\">Online banking: Virtual banks in Hong Kong for safe and speedy transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#Virtual_banks_in_Hong_Kong_Deets_and_facts\" title=\"Virtual banks in Hong Kong: Deets and facts\">Virtual banks in Hong Kong: Deets and facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#Sort_out_your_finances_with_these_virtual_banks_in_Hong_Kong\" title=\"Sort out your finances with these virtual banks in Hong Kong\">Sort out your finances with these virtual banks in Hong Kong<\/a><\/li><\/ul><\/nav><\/div>\n\n<h2><span class=\"ez-toc-section\" id=\"Virtual_banks_in_Hong_Kong_Deets_and_facts\"><\/span>Virtual banks in Hong Kong: Deets and facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3>What is virtual banking?<\/h3>\n<figure id=\"attachment_213491\" aria-describedby=\"caption-attachment-213491\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213491 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-deets-and-facts.jpg\" alt=\"what are virtual banks how safe\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-deets-and-facts.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-deets-and-facts-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-deets-and-facts-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213491\" class=\"wp-caption-text\">Here\u2019s how virtual banks can make your lives easier (Photography: AndreyPopov via Getty Images)<\/figcaption><\/figure>\n<p>Simply put, virtual banking is when <strong>everything is done online<\/strong>. Virtual banks do not have physical branches, but they must have one physical office in Hong Kong to handle client enquiries.<\/p>\n<p>Unlike physical banks, you don\u2019t have to worry about having a minimum account balance or being charged low-balance fees. But, you do have to be <strong>18 or over<\/strong> and be able to prove your <strong>permanent residence<\/strong> to open an account. Simply download the banks\u2019 respective app, make an account, and you can carry out transactions, deposits, withdrawals, and even take out loans with ease.<\/p>\n<h3>How safe are virtual banks in Hong Kong?<\/h3>\n<p>All of these virtual banks are licensed and regulated by the Hong Kong Monetary Authority (HKMA), much like all the physical banks in Hong Kong. Plus, under the Deposit Protection Scheme, deposits up to $500,000 are protected by the Hong Kong government, even if the bank liquidates.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sort_out_your_finances_with_these_virtual_banks_in_Hong_Kong\"><\/span>Sort out your finances with these virtual banks in Hong Kong<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3>1. Mox Bank<\/h3>\n<figure id=\"attachment_213497\" aria-describedby=\"caption-attachment-213497\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213497 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-mox.jpg\" alt=\"virtual banks mox bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-mox.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-mox-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-mox-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213497\" class=\"wp-caption-text\">We trust Mox to keep our money safe while helping us save as we spend (Image: Mox)<\/figcaption><\/figure>\n<p>Mox launched in September 2020 in Hong Kong, and is backed by Standard Chartered, in partnership with HKT, PCCW, and Trip.com. This virtual bank delivers a suite of retail banking services as well as lifestyle benefits, all in one place. Don\u2019t worry about security issues, as Mox\u2019s encryption, biometric login, and e-commerce fraud protection systems are some of the strongest in the market. And of course, rewards set virtual banks apart from physical ones. At Mox, you can earn up to $1,000 cash rewards each month simply by spending!<\/p>\n<p><em>Learn more about <a href=\"https:\/\/mox.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Mox Bank<\/a> online.<\/em><\/p>\n<h3>2. Livi Bank<\/h3>\n<figure id=\"attachment_213495\" aria-describedby=\"caption-attachment-213495\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213495 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-livi.jpg\" alt=\"livi bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-livi.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-livi-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-livi-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213495\" class=\"wp-caption-text\">Earn as you spend with Livi Bank (Image: Livi Bank)<\/figcaption><\/figure>\n<p>Livi Bank has a strong threshold of backers including Bank of China, the Jardine Matheson Group, Jingdon Digits Technology, and Mastercard. Striving to build a community for those seeking convenient and easy-to-use banking services, Livi Bank delivers ultimate speed with its app. If you\u2019re running low on cash and there\u2019s no ATM in sight, you can make use of Union Pay\u2019s QR code system to transfer money. In addition, Livi Bank offers bountiful rewards for its customers, including its \u201cpay and shake\u201d (yes, literally shake your phone) scheme with which you can earn 1% cash rewards up to three times a day.<\/p>\n<p><em>Learn more about <a href=\"https:\/\/www.livibank.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Livi Bank<\/a> online.<\/em><\/p>\n<h3>3. Ant Bank<\/h3>\n<figure id=\"attachment_213490\" aria-describedby=\"caption-attachment-213490\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213490 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-ant-bank.jpg\" alt=\"virtual banks ant bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-ant-bank.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-ant-bank-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-ant-bank-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213490\" class=\"wp-caption-text\">Wealth management and banking at your fingertips (Image: Ant Bank)<\/figcaption><\/figure>\n<p>Ant Group (formerly known as Ant Financial) operates the world\u2019s largest mobile and online payment system, Alipay, and is the mother company of Ant Bank. The bank is also an Alibaba affiliate, so there is no questioning its credibility. To make an account, you can either directly download and sign up via the Ant Bank app, or use the shortcut in the Alipay app with a copy of your HKID. Transactions are made super quick with fingerprint authentication and facial recognition for iPhone X and newer models that operate on IOS 11.0 or above.<\/p>\n<p><em>Learn more about <a href=\"https:\/\/www.antbank.hk\/home?lang=en_us&amp;\" target=\"_blank\" rel=\"noopener nofollow\">Ant Bank<\/a> online.<\/em><\/p>\n<h3>4. ZA Bank<\/h3>\n<figure id=\"attachment_213500\" aria-describedby=\"caption-attachment-213500\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213500 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-za.jpg\" alt=\"za bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-za.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-za-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-za-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213500\" class=\"wp-caption-text\">We trust ZA Bank to keep our accounts secure (Image: ZA Bank)<\/figcaption><\/figure>\n<p>ZA (ZhongAn) Bank is perhaps the most well-known virtual bank in Hong Kong. Registering for an account takes as little as five minutes with zero deposit barriers. Once you\u2019re set, this all-in-one banking app lets you manage local and global transfers, insurance plans, and investment schemes in one place. What&#8217;s more, security is top-notch on the ZA app. Not only is the app locked with facial recognition or fingerprint authentication, but you\u2019ll also get notifications of any and all transactions, big or small. Not to mention you can lock your card with one tap if any fishy payments arise.<\/p>\n<p><em>Learn more about <a href=\"https:\/\/za.group\/en\/\" target=\"_blank\" rel=\"noopener nofollow\">ZA Bank<\/a> online.<\/em><\/p>\n<h3>5. Airstar Bank<\/h3>\n<figure id=\"attachment_213489\" aria-describedby=\"caption-attachment-213489\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213489 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-airstar-bank.jpg\" alt=\"virtual banks airstar bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-airstar-bank.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-airstar-bank-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-airstar-bank-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213489\" class=\"wp-caption-text\">Get treated equally by your bank regardless of your assets (Image: Airstar Bank)<\/figcaption><\/figure>\n<p>The joint venture between Xiaomi and AMTD Group received a license from HKMA in 2019 to open Airstar Bank. Airstar offers services like savings accounts, time deposits, and loans. You can get time deposits in HKD, USD, and CNY at a minimum of 1,000 of the chosen currency. Enjoy a high interest rate of 3.6% per annum regardless of the value of your banked assets. What&#8217;s more, you can say goodbye to handling or administration fees for loan applications at Airstar Bank. Feel free to also apply for a loan 12 times that of your monthly income. Just remember: You have to repay your loans eventually!<\/p>\n<p><em>Learn more about <a href=\"https:\/\/www.airstarbank.com\/en-hk\/\" target=\"_blank\" rel=\"noopener nofollow\">Airstar Bank<\/a> online.<\/em><\/p>\n<h3>6. WeLab Bank<\/h3>\n<figure id=\"attachment_213499\" aria-describedby=\"caption-attachment-213499\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213499 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-we-lab.jpg\" alt=\"welab bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-we-lab.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-we-lab-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-we-lab-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213499\" class=\"wp-caption-text\">Start investing on the go with WeLab Bank today (Image: WeLab Bank)<\/figcaption><\/figure>\n<p>Founded in 2013, WeLab is a Hong Kong-based virtual bank with over 45 million users. This is the ideal bank for active investors looking to have stocks and funds information in one place. The app also helps you control your spendings with loan features and wealth management tips with non-aggressive interest rates. What\u2019s more, WeLab is backed by CK Hutchison\u2019s TOM Group, International Finance Corporation, and Sequoia Capital, so you know your money is in good hands.<\/p>\n<p><em>Learn more about <a href=\"https:\/\/www.welab.bank\/en\/\" target=\"_blank\" rel=\"noopener nofollow\">WeLab Bank<\/a> online.<\/em><\/p>\n<h3>7. Fusion Bank<\/h3>\n<figure id=\"attachment_213493\" aria-describedby=\"caption-attachment-213493\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213493 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-fusion-bank.jpg\" alt=\"virtual banks fusion bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-fusion-bank.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-fusion-bank-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-fusion-bank-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213493\" class=\"wp-caption-text\">Bank smarter, not harder with Fusion Bank (Image: Fusion Bank)<\/figcaption><\/figure>\n<p>Licensed by the HKMA, Fusion Bank is a joint venture owned by Tencent Holdings Limited, ICBC (Asia) Limited, Hong Kong Exchanges and Clearing Limited, and Hillhouse Capital. The minimum time deposit is just $1 (in HKD, USD, or CNY) with an annual interest rate of 0.10% as well as steady growth every three months. Fusion is Hong Kong\u2019s first virtual bank to offer foreign exchange services with no extra charge. What\u2019s more, Fusion account owners can enjoy handsome rewards when spending at K11!<\/p>\n<p><em>Learn more about <a href=\"https:\/\/www.fusionbank.com\/?lang=en\" target=\"_blank\" rel=\"noopener nofollow\">Fusion Bank<\/a> online.<\/em><\/p>\n<h3>8. Ping An One Connect Bank<\/h3>\n<figure id=\"attachment_213498\" aria-describedby=\"caption-attachment-213498\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-213498 size-full lazyload\" data-src=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-paob.jpg\" alt=\"ping an one connect bank\" width=\"1400\" height=\"1000\" data-srcset=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-paob.jpg 1400w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-paob-900x643.jpg 900w, https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-paob-768x549.jpg 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/1000;\" \/><figcaption id=\"caption-attachment-213498\" class=\"wp-caption-text\">Manage your money with a few simple steps on the PAOB app (Image: Ping An OneConnect Bank)<\/figcaption><\/figure>\n<p>HKMA granted Ping An OneConnect Bank a virtual banking licence in May 2019. With the PAOB app, you can carry out cardless transactions with ease using QR codes. Other than banking services, PAOB also offers solutions on investment banking, retail banking, and asset management.<\/p>\n<p><em>Learn more about <a href=\"https:\/\/www.paob.com.hk\/en\/index.html\" target=\"_blank\" rel=\"noopener nofollow\">Ping An OneConnect Bank<\/a> online.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s the 21st century. The majority of our day-to-day life is made easier by online apps. Just think of the number of apps on your phone for everything from food delivery to clothes shopping to even finding the love of your life. So, why not save the hassle of waiting for hours at a bank [&hellip;]<\/p>\n","protected":false},"author":107509,"featured_media":213494,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false},"categories":[41280,41282],"tags":[13029],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v23.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Know it all: Virtual banks in Hong Kong<\/title>\n<meta name=\"description\" content=\"Money, money, money, money! Here&#039;s everything you need to know about virtual banks in Hong Kong \u2013 yes, they are trustworthy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Money, money, money! Everything you need to know about virtual banks in Hong Kong\" \/>\n<meta property=\"og:description\" content=\"It\u2019s the 21st century. The majority of our day-to-day life is made easier by online apps. Just think of the number of apps on your phone for everything\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/\" \/>\n<meta property=\"og:site_name\" content=\"Honeycombers Hong Kong\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/honeycombershongkong\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-16T01:30:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-16T01:40:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fashila Kanakka\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@honeycombershk\" \/>\n<meta name=\"twitter:site\" content=\"@honeycombershk\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fashila Kanakka\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/\"},\"author\":{\"name\":\"Fashila Kanakka\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/person\/29d464fb102b2a7ee53962e3c754a1e2\"},\"headline\":\"Money, money, money! Everything you need to know about virtual banks in Hong Kong\",\"datePublished\":\"2024-12-16T01:30:32+00:00\",\"dateModified\":\"2024-12-16T01:40:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/\"},\"wordCount\":1224,\"publisher\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#organization\"},\"image\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg\",\"keywords\":[\"things to do in Hong Kong\"],\"articleSection\":[\"Tech &amp; Gadgets\",\"Work &amp; Money\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/\",\"url\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/\",\"name\":\"Know it all: Virtual banks in Hong Kong\",\"isPartOf\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg\",\"datePublished\":\"2024-12-16T01:30:32+00:00\",\"dateModified\":\"2024-12-16T01:40:24+00:00\",\"description\":\"Money, money, money, money! Here's everything you need to know about virtual banks in Hong Kong \u2013 yes, they are trustworthy.\",\"breadcrumb\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage\",\"url\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg\",\"contentUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg\",\"width\":1400,\"height\":1000,\"caption\":\"Manage your finances on the go with virtual banks in Hong Kong (Photography: MartinPrescott via Getty Images Signature)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thehoneycombers.com\/hong-kong\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Money, money, money! Everything you need to know about virtual banks in Hong Kong\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#website\",\"url\":\"https:\/\/thehoneycombers.com\/hong-kong\/\",\"name\":\"Honeycombers\",\"description\":\"Restaurants, Bars, Fashion, Style and Things to Do in Hong Kong\",\"publisher\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thehoneycombers.com\/hong-kong\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#organization\",\"name\":\"Honeycombers\",\"url\":\"https:\/\/thehoneycombers.com\/hong-kong\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2024\/12\/Honeycombers-Logo-Icon.png\",\"contentUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2024\/12\/Honeycombers-Logo-Icon.png\",\"width\":696,\"height\":696,\"caption\":\"Honeycombers\"},\"image\":{\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/honeycombershongkong\/\",\"https:\/\/x.com\/honeycombershk\",\"https:\/\/www.instagram.com\/honeycombershk\/\",\"https:\/\/www.linkedin.com\/company\/honeycombers\"],\"email\":\"hongkong@thehoneycombers.com\",\"legalName\":\"Honeycombers Hong Kong Limited\",\"publishingPrinciples\":\"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/\",\"ethicsPolicy\":\"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/\",\"diversityPolicy\":\"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/\",\"diversityStaffingReport\":\"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/person\/29d464fb102b2a7ee53962e3c754a1e2\",\"name\":\"Fashila Kanakka\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cd4081522e58a76fe0cf2d925b3157a0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cd4081522e58a76fe0cf2d925b3157a0?s=96&d=mm&r=g\",\"caption\":\"Fashila Kanakka\"},\"description\":\"Fashila was born in India and raised in Hong Kong. She shares a strong bond with both her home and birth land. She loves hunting for hidden gems and finding the road less travelled. More often than not, you can find her loading up on succulents at the Flower Market, buying yet another book to rest on the shelf, or making calories come to life by baking!\",\"url\":\"https:\/\/thehoneycombers.com\/hong-kong\/author\/fashila\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Know it all: Virtual banks in Hong Kong","description":"Money, money, money, money! Here's everything you need to know about virtual banks in Hong Kong \u2013 yes, they are trustworthy.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/","og_locale":"en_GB","og_type":"article","og_title":"Money, money, money! Everything you need to know about virtual banks in Hong Kong","og_description":"It\u2019s the 21st century. The majority of our day-to-day life is made easier by online apps. Just think of the number of apps on your phone for everything","og_url":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/","og_site_name":"Honeycombers Hong Kong","article_publisher":"https:\/\/www.facebook.com\/honeycombershongkong\/","article_published_time":"2024-12-16T01:30:32+00:00","article_modified_time":"2024-12-16T01:40:24+00:00","og_image":[{"width":1400,"height":1000,"url":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg","type":"image\/jpeg"}],"author":"Fashila Kanakka","twitter_card":"summary_large_image","twitter_creator":"@honeycombershk","twitter_site":"@honeycombershk","twitter_misc":{"Written by":"Fashila Kanakka","Estimated reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#article","isPartOf":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/"},"author":{"name":"Fashila Kanakka","@id":"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/person\/29d464fb102b2a7ee53962e3c754a1e2"},"headline":"Money, money, money! Everything you need to know about virtual banks in Hong Kong","datePublished":"2024-12-16T01:30:32+00:00","dateModified":"2024-12-16T01:40:24+00:00","mainEntityOfPage":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/"},"wordCount":1224,"publisher":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/#organization"},"image":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage"},"thumbnailUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg","keywords":["things to do in Hong Kong"],"articleSection":["Tech &amp; Gadgets","Work &amp; Money"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/","url":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/","name":"Know it all: Virtual banks in Hong Kong","isPartOf":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage"},"image":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage"},"thumbnailUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg","datePublished":"2024-12-16T01:30:32+00:00","dateModified":"2024-12-16T01:40:24+00:00","description":"Money, money, money, money! Here's everything you need to know about virtual banks in Hong Kong \u2013 yes, they are trustworthy.","breadcrumb":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#primaryimage","url":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg","contentUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2021\/04\/virtual-banks-lead-image.jpg","width":1400,"height":1000,"caption":"Manage your finances on the go with virtual banks in Hong Kong (Photography: MartinPrescott via Getty Images Signature)"},{"@type":"BreadcrumbList","@id":"https:\/\/thehoneycombers.com\/hong-kong\/virtual-banks-hong-kong\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thehoneycombers.com\/hong-kong\/"},{"@type":"ListItem","position":2,"name":"Money, money, money! Everything you need to know about virtual banks in Hong Kong"}]},{"@type":"WebSite","@id":"https:\/\/thehoneycombers.com\/hong-kong\/#website","url":"https:\/\/thehoneycombers.com\/hong-kong\/","name":"Honeycombers","description":"Restaurants, Bars, Fashion, Style and Things to Do in Hong Kong","publisher":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thehoneycombers.com\/hong-kong\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/thehoneycombers.com\/hong-kong\/#organization","name":"Honeycombers","url":"https:\/\/thehoneycombers.com\/hong-kong\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/logo\/image\/","url":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2024\/12\/Honeycombers-Logo-Icon.png","contentUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/6\/2024\/12\/Honeycombers-Logo-Icon.png","width":696,"height":696,"caption":"Honeycombers"},"image":{"@id":"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/honeycombershongkong\/","https:\/\/x.com\/honeycombershk","https:\/\/www.instagram.com\/honeycombershk\/","https:\/\/www.linkedin.com\/company\/honeycombers"],"email":"hongkong@thehoneycombers.com","legalName":"Honeycombers Hong Kong Limited","publishingPrinciples":"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/","ethicsPolicy":"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/","diversityPolicy":"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/","diversityStaffingReport":"https:\/\/thehoneycombers.com\/hong-kong\/about-us\/"},{"@type":"Person","@id":"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/person\/29d464fb102b2a7ee53962e3c754a1e2","name":"Fashila Kanakka","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/thehoneycombers.com\/hong-kong\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cd4081522e58a76fe0cf2d925b3157a0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cd4081522e58a76fe0cf2d925b3157a0?s=96&d=mm&r=g","caption":"Fashila Kanakka"},"description":"Fashila was born in India and raised in Hong Kong. She shares a strong bond with both her home and birth land. She loves hunting for hidden gems and finding the road less travelled. More often than not, you can find her loading up on succulents at the Flower Market, buying yet another book to rest on the shelf, or making calories come to life by baking!","url":"https:\/\/thehoneycombers.com\/hong-kong\/author\/fashila\/"}]}},"_links":{"self":[{"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/posts\/179150"}],"collection":[{"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/users\/107509"}],"replies":[{"embeddable":true,"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/comments?post=179150"}],"version-history":[{"count":4,"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/posts\/179150\/revisions"}],"predecessor-version":[{"id":213502,"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/posts\/179150\/revisions\/213502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/media\/213494"}],"wp:attachment":[{"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/media?parent=179150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/categories?post=179150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thehoneycombers.com\/hong-kong\/wp-json\/wp\/v2\/tags?post=179150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}