Exclusive Services and Offers
SME Mobile Collection Service#
#SME Mobile Collection Service is provided by Spectra or QFPay.
Collect via your mobile
Instantly transform your mobile device to Smart SoftPOS, supporting over 20 payment methods
QR code generation and printing service
Provide transaction data analysis
Help you formulate marketing strategies and improve cost-effectiveness
Activate payment collection services as fast as 2 days
Note: Assuming the customer has submitted the required documents to the supplier for application approval
Exclusive Offer For Hang Seng Commercial Customers:
First 600 New Hang Seng Commercial Customers who have successfully completed Hang Seng Business Integrated Account opening and maintained the monthly Total Relationship Balance at HKD50,000 or above for the next six months after binding it as the collection account of the Service, can enjoy HKD 600 cash rebate.
Virtual Account Service
Consolidating incoming payments into the pre-set physical collection account reconciliation by setting up a unique virtual account for each customer
Simplified Reconciliation and Enhanced Efficiency
The unique Virtual Account Numbers can help you easily identify incoming payments to easily keep track of the payment progress of each customer, helping you enhance management efficiency by streamlining the account reconciliation process.
Lower Operating Cost
The cost of cash management is reduced by saving the time and effort in opening and managing multiple physical accounts for payment collection, as well as allocating and consolidating funds among different accounts.
Easy Control
Based on your business needs, you can create and modify any Virtual Account conveniently and flexibly via Hang Seng HSBCnet.
Privacy Protection
Your company’s privacy protection can be safeguarded, as there is no need to disclose your physical account number.
SME Business Loan
Loan amount up to HKD2,000,000
No collateral or financial reports required
Choice of 2 financing options: Instalment Loan or Overdraft Facility
- Instalment Loan allows you to better plan your finances
- Repayment period of up to 60 months
- Choice of Principal Repayment Deferral1
-
Overdraft Facility2 helps you meet unexpected financial needs
- No interest charged on unused limit
- Credit limit restored automatically with each repayment
Remarks:
- Customers may choose to pay interest only and not to make any principal repayment in the first 3 months of the repayment period. Afterwards, customers shall repay the entire principal and pay interest in the remaining repayment period.
- Customers are required to make a minimum payment of an amount equivalent to 10% of the total outstanding amount on or before the payment due date as shown in the relevant monthly statement.
Investment Services
Diversified investment products, as well as an efficient and reliable investment platform, are of the essence for business financial management. That’s why Hang Seng provides you with a full spectrum of services to help you step into investment opportunities and achieve capital appreciation.
Exclusive Offer For Hang Seng Commercial Customers:
New Commercial Investment Services customers successfully open a Securities or Investment Funds Account can enjoy the following fabulous transaction offers during the first 3 months
Enjoy HKD0 brokerage fee (up to HKD6,000) on buy and sell trades of Hong Kong Stocks, SSE and SZSE Securities
50% off on subscription fee (up to HKD3,000) for investment funds distributed by Hang Seng Bank
Commercial Card
Multiple choices to suit different customer needs
HKD Commercial World Mastercard
- Virtual Card solution that lets you handle each transaction with a unique card number! Enjoy enhanced authorisation controls such as spending limit, expiry date, number of uses
- Enjoy 2.8% unlimited rebate at 8 designated merchants : Facebook, Google, Amazon, Zoom, XERO, Adobe, Shopify and GoDaddy
- Apply now to enjoy $600 +FUN Dollars and 2 years annual fee waiver
The UnionPay Renminbi Diamond Commercial Card
- Designed for business owners, entrepreneurs in mind and their staff, this card is your credit travel companion when you do business in the Mainland China
- Apply now to enjoy HKD400 PARKnSHOP e-cash voucher and 2 years annual fee waiver
Diverse Solutions from Digital Business Banking
Hang Seng Digital Business Banking empowers your daily banking beyond time and location with a sense of reliability, at your convenience and at your pace.
Ease
- Ever Earn – Enjoy brand new digital experiences to earn rewards while managing your daily banking
- Online SME Business Loan application – Faster and more convenient lending with preferential fee offers
- Online credit card application – Apply for a Hang Seng Commercial Card in just 3 steps to easily manage your business expenses
- Business Information Amendments (Company Information Update, Portfolio Daily Limits Update, Mandates) – Get everything done speedily at your fingertips
Borderless
- FPS & FPS QR Mobile Collection – Complete daily payments & collections on the go, upgrading your operating efficiency
- Remittance – Worldwide remittance services with same-day processing and preferential handling fees
- Mobile Cheque Deposit – Deposit your incoming cheques simply via Hang Seng Business Mobile App, without the hassles of visiting a branch
Reliability
- Mobile Security Key – Enables you to verify transactions with your mobile. It’s safe and handy
- Push Notification – Stay informed and have complete control over your bank accounts
- Live Chat & BERI – Answer your queries about general commercial banking services round the clock
"Agility is a start-up’s greatest strength. We’re always ready for change."
Founder of ComboKid Grow - Louisa Mak
Hang Seng Commercial Banking forms a Power Team with you, accompanying you on your business journey. Open a business account now and unlock unlimited business opportunities!
Whether your business partner* is a resident of Hong Kong or Mainland China, located in Hong Kong or Mainland China, as long as it is a company registered in Hong Kong, you can open a company account online and on mobile^, as fast as 3 days+!
Apply Now Apply Now Apply Now
Offers are subject to Terms and Conditions
Remarks:
To Borrow or not to borrow? Borrow only if you can repay!
Terms and Conditions apply to services and offers.
| * | The applicant’s connected party(ies) include Directors, Authorised Signers, Principal Shareholders, Beneficial Owners , Key Controllers and Direct Appointees. |
| ^ | To apply online ("remote account opening service"), the applicant’s connected party(ies) must hold a Hong Kong or mainland China’s Resident Identity Card. Also, the applicant’s connected party(ies) has/ have to be physically located in Hong Kong or mainland China when submitting the application, completing digital ID verification and e‑Sign successfully. The eligibility of applicants for remote account opening is subject to the final and absolute discretion of Hang Seng Bank Limited. |
| + | For application with all connected party(ies) who are HKID holders and located in Hong Kong, the Business Integrated Account can be opened in as fast as 3 business days for the Biz Virtual+ Account/5 business days for the Integrated Business Solutions Account upon completing Digital ID Verification and e‑Sign by the aforementioned connected party(ies). Customer(s) will receive a SMS notification for e‑Sign after the(1) satisfactory review of the documents submitted, (2) successful completion of digital ID verification and (3) completion of Know Your Customer (“KYC”) call(s). For customers requiring a face‑to‑face appointment at Business Banking Center(s) (if applicable), an appointment will be arranged based on the latest availability. |
To Borrow or not to borrow? Borrow only if you can repay!
Terms and Conditions apply to services and offers.
Foreign Currency Risk
Foreign exchange involves exchange rate risk. Fluctuations in the exchange rate of a foreign currency may result in gains or losses in the event that the customer converts HKD to foreign currency or vice versa.
RMB Currency Risk
Renminbi (“RMB”) is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.
Risk Disclosure Statement of Securities Investment:
nvestors should note that investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.
Investors should note that investing in different Renminbi- denominated securities and products involves different risks (including but are not limited to currency risk, exchange rate risk, credit risk of issuer / counterparty, interest rate risk, liquidity risk (where appropriate)). The key risks of investing in securities via Stock Connect Northbound Trading include:
- Transactions under Stock Connect Northbound Trading will not be covered by the Investor Compensation Fund in Hong Kong.
- Once the respective quota is used up, trading will be affected or will be suspended.
- Stock Connect Northbound Trading will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. Investors should take note of the days the Stock Connect Northbound Trading is open for business and decide according to their own risk tolerance whether or not to take on the risk of price fluctuations in securities during the time when Stock Connect Northbound Trading is not trading.
- When a security is recalled from the scope of eligible stocks for trading via Stock Connect Northbound Trading, that security can only be sold but NOT bought.
- Investors will be exposed to currency risk if conversion of the local currency into Renminbi is required.
Investors should not only base on this material alone to make any investment decision, but should read in detail in the relevant risk disclosure statements.
Risk Disclosure Statement of Investment Funds:
Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein) and the Notice to Customers for Fund Investing before making any investment decision. Investment funds are investment products and some may involve derivatives. Investors should carefully consider whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.
RMB Currency Risk
Renminbi ("RMB") is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.