The currency in Hong Kong is the Hong Kong dollar HK$ and you can always go onto our currency converter page if need be.
The HK$ is divided into 100 cents and you have bills as well as coins. It is the 9th most trade currency in the world. It is unofficially used in Macao and the Republic of China but it is accepted. It is simple to open a bank account in Hong Kong which is (a bit like Singapore) a kind of Asian Switzerland.
You will need a proof of ID and a proof of address to open one but you do not need to be a Hong Kong resident to actually open an account there. There you can have the usual credit cards, Visa, Mastercard, American Express etc… and you can take cash out from ATMs (very numerous) whether it’s from a foreign account or a Hong Kong account.
Here are some web sites for banks you can find there:
The conversion to the euro is currently roughly on the order of 10HK$ for 1€.
For international money transfer, it is very efficient and very fast (not more than 5 working days) and the charges are minimum.
If you want to move money abroad, from Hong Kong or to Hong Kong for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Fexco will help you to keep your overseas money transfer costs to a minimum.
|Fee||£10 < £5K or Free > £5k|
|Ccy||All (130 currencies, incl ‘exotics’)|
|Services||Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone.|
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.