(11 March 2025 – Hong Kong) Wise has launched its international business account in Hong Kong, focused on supporting SMEs to pay and get paid globally with access to over 40 currencies.
The Wise Business account includes local account details to receive payments in nine major currencies, low upfront fees and instant transfers for 65 percent of payments. Businesses can also use tools like accounting software integrations, batch payments, free invoicing, and Quick Pay links to simplify global transactions.
The launch of the Wise Business account reinforces Wise’s presence in Hong Kong, where it has been delivering low-cost, fast, and transparent cross-border transactions for both consumers and businesses since 2018. In addition to serving customers directly, Wise Platform, Wise‘s global payments infrastructure, enables cross-border payments for partners like ZA Bank, Mox, and Standard Chartered. This allows the respective banks’ customers to send money internationally with ease, all within their banking apps.
“For Hong Kong SMEs, streamlining multi-currency transactions is critical to scaling globally. The launch of the Wise Business account is our answer, offering businesses a faster, more affordable, convenient and transparent way to manage global payments in one place, so they can focus on growing their business. With SMEs making up over 98 percent of enterprises in Hong Kong and playing a vital role in the economy, we’re proud to support their global ambitions and help them scale with ease” stated Wise Hong Kong Expansion Lead, Angel Chan.