Personal Finance Money transfer

ZA Bank Hong Kong International Transfer: Fees and Rates

Hoi Yi Leung
Hoi Yi Leung
11.02.26 (last updated)
Read time 2 minutes

Learn more about ZA Bank and its services: Visit ZA Bank's Official Website

ZA Bank is one of the first virtual banks in Hong Kong offering digital banking services, which means you can carry out all your transactions without visiting a physical branch. This guide will walk through everything you need to know about ZA Bank, including the fees and features, and how you can send and receive international money transfers with ZA Bank.

Table of contents

What is ZA Bank?

ZA Bank Limited (“ZA Bank”) is one of the first batch of virtual banks in Hong Kong which was licensed by the Hong Kong Monetary Authority (“HKMA”). After being granted the license, ZA Bank hits the market in 2020.

ZA Bank was established by ZhongAn Technologies International Group Limited (“ZA International”). With its “Community-Driven” approach, ZA Bank encourages users to directly contribute to its product development and design processes, helping the bank create innovative services that better serve the needs of Hong Kong customers.

What are the exchange rates for an international money transfer with ZA Bank?

The international money transfers service of ZA Bank is powered by Wise Platform. Through this integration, ZA Bank offers competitive exchange rates with zero exchange mark-ups and no hidden fees when sending money abroad.

What are the fees for an international money transfer with ZA Bank?

Virtual banks don’t have the same overheads as regular banks - which can mean they’re much cheaper to use. However, there are still fees for some services, like international money transfers!

ZA Bank charges a fee based on the currency, transfer amount, and payment method you chose¹. Plus, there is a ZA Bank’s platform fee of up to 2% as well. These fees are upfront, and you will always receive the applicable fee quotes before you make any transactions.

What are the limits for an international money transfer with ZA Bank?

The amount you can transfer locally and overseas together are subject to the third-party transfer limit. In other words, your single remittance amount cannot exceed the daily available third-party transfer limit.

How long does it take to make an international money transfer with ZA Bank?

The transfer time will depend on the currency. When you get a quote, ZA Bank will give you an estimated time of arrival.

How to make an international money transfer with ZA Bank?

You can easily make an international money transfer by following these steps2:

  1. Open the ZA Bank App on your mobile device and navigate to the 'Transfer' page. Click on 'Global Transfer' to initiate the transfer process.
  2. Fill in the remittance amount and other necessary information.
  3. If you don't have an account for international transfers yet, ZA Bank will guide you through the setup process.
  4. Fill in the payee’s information and confirm the amount and other information.

ZA Bank will notify each stage of your overseas payments, so you can just sit back and wait with peace.

How to receive an international money transfer with ZA Bank?

You can ask senders to send money to your ZA Bank accounts for international transfers using your FPS ID, linked email address or mobile phone number.

Before your payer transfers any funds, always double-check with them that he/she has inputted the right transfer channel (Inward Overseas Remittance should be the right one), account number details, SWIFT code, and corresponding banks’ details.

ZA Bank's SWIFT Code: AABLHKHH

In case your payers have used the wrong SWIFT code to send money, he/she should contact the banks immediately to cancel the transaction. If it's too late to cancel, you might have to contact the recipient yourself and request that they return your money. This service supports only HKD, RMB, and USD, for now.

Sources:
  1. ZA Bank: Fees and Charges Guide for Individual Customers
  2. ZA Bank: Global Transfer

Sources last checked on 29 Dec 2025

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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