ZA Bank is an emerging digital bank that allows users to open an account in just a few minutes — no need to queue at a physical branch. While waiting to open a traditional Hong Kong bank account, you can also apply for a ZA Bank account. This article provides a detailed guide to Hong Kong’s first virtual bank — ZA Bank, including the account opening process, available services, fees, and FAQs.

Introduction to ZA Bank

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ZA Bank is a virtual bank in Hong Kong offering a full range of online banking services without physical branches. Users can make deposits, loans, and other financial operations entirely through the ZA Bank mobile app. The bank is open to both permanent and non-permanent Hong Kong residents — even visitors to Hong Kong can apply for an account.

Open an account with the invitation code MU3892 and receive a HKD 320 cash coupon

==Join via 👉Hong Kong Henry’s Invitation Link👈====Register==

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Personal Banking Services

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1. Current and fixed deposits in HKD, RMB, and USD, with a minimum deposit of just HKD 1.
2. Local payments and transfers via FPS or CHATS.
3. ZA Card spending and ATM withdrawal services.
4. Electronic statements and notifications.
5. Instant transaction tracking through the mobile app.
6. Cross-border remittances (HKD/RMB/USD).
7. Personal loan applications (not available for visitor accounts).

About ZA Card

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The ZA Card is a no-annual-fee debit card,

supports global Visa merchants and ATMs,

and can be added to Apple Pay and Google Pay.

Earn up to 200% cashback rewards on purchases.

Customize the last six digits of your ZA Card for your unique VISA number.

Exclusive custom card number available for ZA Bank cardholders.

Required Documents for Account Opening

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For Hong Kong residents (permanent/non-permanent):

1. Valid Hong Kong ID card.
2. Valid Hong Kong mobile number.
3. Valid Hong Kong residential address.

For visitors to Hong Kong:

1. Must be 18 years or older and physically in Hong Kong at the time of application.
2. Valid Mainland China ID card and Mainland–Hong Kong–Macau travel permit (with at least 30 days’ validity).
3. Mainland China mobile number (able to receive SMS and calls in Hong Kong).
4. Mainland China bank debit card (linked to the same Mainland mobile number).

Applicants must be physically in Hong Kong.

Account Opening Process

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The process is simple — you can complete it in as fast as 3 minutes:

==Join via 👉Hong Kong Henry’s Invitation Link👈====Register==

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Select your identity type.

Click Continue.

Hong Kong numbers or Mainland +86 numbers are both accepted.

[!important] Enter Invitation Code

MU3892

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Invitation Code: MU3892

Mainland residents must retrieve border-crossing records

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Click to check immigration record.

Scan your Mainland/Hong Kong ID card.

Enter personal details (address, tax info, occupation, purpose of account).

Verify your information and confirm.

Customize your ZA Card number and set login details.

Approval usually takes a few hours — once approved, log in to the app to view your card information.


Add your ZA Card to Apple Pay to start using it.

Account approval usually takes 3 business days. After approval, you can receive your ZA Card via mail — about 10 working days locally in Hong Kong, or around one month for international delivery. If it’s lost, simply contact the bank for a replacement.

Custom card numbers are limited — first come, first served.

Deposit Methods

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You can deposit money into your ZA Bank account using the following methods:

1. FPS (Faster Payment System): Register your FPS ID to transfer instantly in HKD or RMB.
2. ZA Bank Account Number: Make standard interbank transfers from other banks.
3. “Easy Deposit” Direct Debit Authorization: Link other bank accounts for direct deposits into ZA Bank.
4. Cross-border remittance (not available for visitor accounts): Only accepts HKD, RMB, and USD transfers.

==👉Hong Kong Bank SWIFT Codes / Bank Codes👈==

Transfer Limits

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Daily transfer limits vary depending on account verification status:

• After account opening: HKD 50,000 to same-name account / HKD 10,000 to third-party account.
• After depositing from same-name account at another bank: HKD 300,000 to same-name / HKD 30,000 to third-party.
• After internal verification: HKD 1,000,000 to same-name / HKD 300,000 to third-party.

==Join via 👉Hong Kong Henry’s Invitation Link👈====Register==

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Account Uses

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• Works with Wise to activate Wise account.
• Supports crypto-related deposits and withdrawals.
• Funding brokerage accounts (supports all Hong Kong brokers).
• Provides English address proof.
• Can activate Singapore OCBC Bank account — ==Transfer to activate OCBC Singapore account==
• Unlimited global fund transfers.

Frequently Asked Questions

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Does ZA Bank have a minimum deposit requirement?

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No, ZA Bank does not require any minimum deposit to open an account.

Are there transfer fees?

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ZA Bank itself does not charge transfer fees, but sending and receiving banks may apply their own charges.

What are the withdrawal fees and limits for ZA Card?

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Local ATM withdrawals are free.
Overseas withdrawals cost HKD 20 per transaction, plus a 1.95% foreign transaction fee.

==Join via 👉Hong Kong Henry’s Invitation Link👈====Register==

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