Woalet

Hong Kong

Hong Kong Dollar (HKD)

Regulatory Information

Hong Kong Monetary Authority (HKMA)

Payment Methods

  • +HSBC Transfer
  • +Standard Chartered
  • +Bank of China
  • +Faster Payment System
  • +CHATS RTGS
  • +Corporate bank transfer (HSBC, StanChart, BOCHK)

Key Corridors

US → Hong Kong

High volume, $500k+

China → Hong Kong

Very high volume, $2M+

Singapore → Hong Kong

High volume, $400k+

Australia → Hong Kong

Medium-high volume

Frequently Asked Questions

Is Hong Kong a good hub for Asian transfers?

Yes, Hong Kong is a major financial hub. Excellent for redistribution to China and Asia.

What are corporate account options?

Full corporate accounts with higher limits and dedicated support for traders and businesses.

How quickly do transfers settle?

Most transfers within 1-2 hours. Faster Payment System offers near-instant settlement.

How fast is HKD settlement?

FPS settles in real time around the clock. CHATS handles high-value same-day transfers.

What are typical costs?

Competitive FX rates plus $5-15 fee depending on amount and destination.