Hang Seng Bank

Bank · CENTRAL, Hong Kong · overall 4.6 / 10

How this 4.6 is built

Average of 6 scored needs: 4.6. Regulation in Hong Kong: 90/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

恒生銀行有限公司 is recorded in the global register as a bank in CENTRAL, Hong Kong. The register names Hong Kong Monetary Authority as its regulator and shows the licence as active. Established 1933. Collected from open registers.

On its own website: “Hang Seng Bank offers a wide array of financial services including online banking, savings, investment, credit cards, loans, mortgages, insurance, and MPF.”

Legal name: 恒生銀行有限公司
Regulated by: Hong Kong Monetary Authority
Licence confirmed: yes, on a regulator's own list
Established: 1933
LEI: 5493009Z5F07LWZYMK62
Website: www.hangseng.com/en-hk/home/

Scores, 0 to 10

6.5Financial strength & stability

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

6.0Asia-Pacific (SG, HK, AU, JP, KR)

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.0Cross-border payments, FX and multi-currency accounts

Its own business page names SWIFT, so payments can leave the country. The score stops at 4.0 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source

2.5Lowest fees

The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Monthly Fee HK$50” · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.