Which bank to go with in HK

Post new topic

Member since 21 November 2010

StevoTheDevoMember25 November 2010 04:17:17

Hi,

I'm trying to decide what bank to go with in HK...the internet isn't shedding too much light on this topic.

I assuming that all banks charge their customers some ridiculous fee for using another bank's atm. Can someone please confirm if that is correct and if so, which bank has the largest number of atm's so as to avoid such a fee?

Also, if I have to make regular payments back to another country, what bank is most convenient to do so with minimal fees?

Many thanks!
Stevo

Ubique New member

Member since 31 October 2010

UbiqueNew member25 November 2010 16:44:43

I think most offer about the same level of service, but if you want a totally safe, internationally known bank, then it has to be HSBC of course. You can't go far wrong with them. HSBC is what the slogan says... "The World's Local Bank!!"

JWilliamson Serial expat

Member since 01 June 2010

to win a fight you got to be ready to get hit

JWilliamsonSerial expat26 November 2010 05:38:59

514

I am from Miami (USA) and i have been in Hong Kong for the past 3 years im with bank Of China. Only had to put a small amount in to have an account. JW

Aurroa Member

Member since 28 November 2010

AurroaMember28 November 2010 10:40:50

Hi,

I recommend the Hangseng Bank and Bank of China. You can find their ATMs in almost any MTR station.

lilianwu New member

Member since 28 November 2010

lilianwuNew member28 November 2010 16:14:51

without thinking twice, HSBC for expats.

GuestPoster158 Guest

GuestPoster158Guest19 January 2011 16:27:00

214245

HBSC is really bad, I suggest going with
Bank of China.

JWilliamson Serial expat

Member since 01 June 2010

to win a fight you got to be ready to get hit

JWilliamsonSerial expat21 January 2011 07:10:59

514

Well there are very few City Banks around Hong Kong. HBSC and Bank Of China are everywhere. JW

Vincent Lucien New member

Member since 28 September 2013

Vincent LucienNew member14 October 2013 09:35:51

hi
i have a good business plan for in hong kong
but how to get financing if u dont live yet in hong kong?

Maximilien ViP

Member since 20 June 2013

MaximilienViP15 October 2013 07:14:25

12633

Hi Vincent Lucien,

Please note that this thread is a bit old.. 2011

Feel free to start a new topic with all your questions on the Hong Kong Forum please

Thank you

Maximilien

Vincent Lucien New member

Member since 28 September 2013

Vincent LucienNew member15 October 2013 07:35:37

#10

sorry,
but i m new,and i looking for finacing in hong kong

Maximilien ViP

Member since 20 June 2013

MaximilienViP16 October 2013 13:25:55

#11

12633

Hi Vincent Lucien,

If you are looking for work in the Finance sector i suggest you post your resume in the Finance job offers in Hong Kong section please

Best of luck

Thank you

Maximilien

amylaikt Member

Member since 17 October 2013

amylaiktMember18 October 2013 07:34:45

#12

HSBC has the worst arrive and ultra long waiting time. I would opt for standard chartered or citibank. By the only good thing about HSBC is they have lots of ATM everywhere and you can also use Hangseng bank ATM without extra charge. For me I keep two accounts in different bank HSBC will be only for withdrawal to save me time to queue up if there's any problem in the bank.

Articles to help you in your expat project in Hong Kong

How to drive in Hong Kong
While driving is generally a great way to get around, Hong Kong has one of the highest concentrations of vehicles ...
Having a baby in Hong Kong
Starting a family in a new country can be truly exciting. Thanks to top-quality medical care, and a variety of ...
Marriage in Hong Kong
There are many reasons why you may want to get married in Hong Kong. You could be a long-term expat and have ...
Buying a property in Hong Kong
Hong Kong is home to a large number of expats, many of whom call the city their second home. Thus, it comes as no ...
Phones and internet in Hong Kong
Staying connected to friends and family when living abroad is essential. Fortunately, this won't be difficult ...
The healthcare system in Hong Kong
As an expat, it can be overwhelming to navigate a new healthcare system in a foreign country. This is why ...
Working Holiday Visa for Hong Kong
A Working Holiday Visa in Hong Kong can be easy, relaxing, fun, and educational! Indeed, the Working Holiday ...
Visas for Hong Kong
Hong Kong is one of the world's most popular travel destinations in the world. People come here for tourism, ...