ZA Bank is a new virtual bank opened in Hong Kong in recent years, focusing on online banking services and without physical branches. You can use the ZA Bank mobile app to perform banking services such as deposits, loans, and more. ZA Bank currently provides services not only to permanent and non-permanent residents of Hong Kong, but also to visitors to Hong Kong to apply for ZA Bank accounts, but the banking services available will be slightly different.
The following is a list of personal banking services offered by ZA Bank:
- Current and fixed savings in three currencies (HKD, RMB, USD) can be as low as 1 yuan.
- Pay and transfer using FPS or CHATS (currently only local transfers are supported)
- ZA Card Spending and ATM Withdrawal Service
- e-Statements and Notices
- The mobile app allows you to view transaction records in real time
- Cross-border inward remittance (HKD/RMB/USD)
- Apply for a personal loan
⚠️ Cross-border inward remittance (HKD/RMB/USD) and personal loan applications are not applicable to visitor accounts