, Hong Kong
Photo courtesy of Fusion Bank

Hong Kong’s Fusion Bank launches business banking services for SMEs

Until 31 December, new customers may be exempt from account opening fees.

Tencent-backed Fusion Bank has launched business banking services to provide internet banking services to small and medium enterprises (SMEs) in Hong Kong.

SMEs can receive online approval to their applications in as fast as 24 hours and access 24/7 deposit and instant fund transfers. There is no minimum deposit requirement, Fusion Bank said.

From 21 March until 31 December 2023, new customers who successfully open a business account will be exempt from account opening fees or remittance handling fees for all fund transfers in the first six months.

Fusion Bank now accepts the following SMEs for accounting opening: sole proprietorship, partnership and single-layered limited company, whose “connected parties” must be HKID holders and open or maintain Fusion Bank personal accounts. 

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
Retail Banking
What Makes BNI's API Service Stand Out in the Open Banking Era?
Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.