Global Accounts
Open a Hong Kong business account from Australia
Open a HKD account online from Australia with Airwallex. Your account will come with local Hong Kong bank and branch codes and a dedicated account number. Use your HKD account to receive, manage, and send Hong Kong dollars with no hidden fees.
Hassle-free currency accounts with local bank details
Skip the queues and excessive paperwork usually involved in setting up a multi-currency business account. Open multi-currency accounts online and collect payments from your global customers in their preferred currency. Spend your proceeds later in the same currency, eliminating unnecessary conversion fees.
Save on unnecessary bank charges
There are no account opening fees, monthly maintenance charges, or minimum transaction requirements.
Streamline your global cash management
Convert balances to different currencies in just a few clicks and review your global transactions in a single view.
Know your funds are safe and secure
Relax knowing that your money is secure and protected with end-to-end encryption and bank-level security.
Avoid costly conversion fees
Eliminate unnecessary conversion fees by receiving payments in the same currencies that your customers pay in.
Global Accounts
How to open a HKD account from Australia?
Businesses can open a HKD account from Australia easily with Airwallex. Simply sign up online and, once onboarded, you can open multiple domestic and foreign currency accounts in minutes. Your HKD account will come with local bank account details, making it easy for you to receive payments in HKD which you can either spend or convert at the interbank exchange rate. Avoid bank queues and endless paperwork, and open your HKD account online with Airwallex today.
Your Hong Kong Dollar account
How will your HKD account work?
Get your HKD account details
Open your HKD account online and receive a local Hong Kong account number and branch code. Share these details with your clients and customers in Hong Kong and start receiving payments in Hong Kong dollars via local bank networks. You can also link your HKD account to eCommerce platforms such as Amazon and Shopify.
Spend in Hong Kong dollars
Once you have funds in your Business Account, you can spend them using Airwallex Borderless Cards, or transfer them to your recipient’s bank account. Use your Hong Kong dollars to pay suppliers and employees in Hong Kong and elsewhere efficiently, without being subject to needless currency exchange fees.
Convert currencies at market-beating rates
Airwallex gives you access to the interbank exchange rate (sometimes known as the mid-market rate). That means that if you need to convert currencies, you’ll enjoy market-leading foreign exchange rates no matter the transaction size. You can also hedge against currency exchange risk by only converting currencies when the exchange rate is favourable.
Global Accounts
Who is the Airwallex Global Business Account for?
The Airwallex Global Business Account is ideal for companies that operate across borders. Including companies that invoice overseas clients, sell globally on platforms such as Amazon and Shopify, and work with international suppliers. Our platform allows businesses to centralise their financial operations in one place, even when managing multiple global entities. From expense management to bill payments, payment solutions, and FX, Airwallex has you covered. We make global money management simple and cost-effective for businesses of all shapes and sizes - that’s why we’re trusted by over 150,000 businesses worldwide.
FX & Transfers
End-to-end global money management from Australia
When a payment gets sent to one of your Global Accounts, those funds are instantly visible to you in your Airwallex Account from Australia. Easily convert currencies at interbank rates and use Airwallex to make fast, cost-effective domestic and international transfers.
Frequently asked questions
Can a non-resident citizen open an HKD account in Hong Kong?
Yes, a non-resident business can open an HKD (Hong Kong dollar) account in Hong Kong. Airwallex simplifies the process of opening foreign currency accounts as a non-resident business. Sign up online and, once onboarded, your business can open multiple domestic and foreign currency accounts, including Hong Kong dollar accounts, in minutes. This means you can skip the lengthy paperwork and long wait times usually associated with opening multiple foreign currency accounts.
Is it possible to open a Hong Kong dollar account online as a non-resident business?
Opening a Hong Kong dollar account online as a non-resident business is easy with Airwallex. Simply sign up via our website and, once onboarded, you can open multiple domestic and foreign currency accounts online in minutes. These accounts function as local currency accounts in your name that come with local bank and branch codes and dedicated account numbers. They make it easy to receive funds domestically and internationally.
What documents are required to open a Hong Kong dollar account as a non-resident business?
The key documents required to open an Airwallex account are similar across regions and will enable you to open a Hong Kong dollar account. We typically ask for the certificate of incorporation or equivalent document, as well as information on the business, its activities and anticipated transaction volumes. We are also required to collect details and IDs for certain individuals - this includes any beneficial owners but can extend to directors and authorised signatories signing up for the account. Non-resident businesses may be asked to provide proof of address for their operations, which can be established through utility bills, contracts or other correspondence.
What other popular currencies can I open a business account from Australia?
See below for a range of other currency accounts you can open from Australia: