Ping An OneConnect Bank (PAOB)平安壹账通银行

Hong Kong, China 虚拟银行 Fully online Residents only ★ 4
Standing benefit

Ping An OneConnect Bank (PAOB) benefits: No minimum deposit or balance · No management fee on personal savings

No deposit threshold and no minimum balance. Personal savings accounts are free of management fees. Standing benefits — no campaign end date.

Minimum depositNo minimum deposit or balance requirement
Monthly feeNo management fee (personal savings account is free)
Minimum balanceNo minimum balance
How to apply—
Processing timeOnline application in minutes (must be in Hong Kong)
Institution typeVirtual Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • Zero min balance, no admin fee for personal savings
  • Wholly Ping An-owned; SME lending (e.g. YiYiDai) and multi-currency savings
  • HKD/USD/CNY each insured up to HKD 800k; JETCO cardless withdrawal

Things to note

  • No branches; deposit/lending and SME focus, fewer personal investment options
  • Must be inside HK; mainland residents cannot open remotely
  • Requires unencrypted entry-record PDF; document requirements are detailed

Documents required

  • 2nd-gen Mainland ID (or HK ID)
  • Exit-Entry Permit (mainland residents)
  • Unencrypted entry-record PDF (mainland residents)
  • Mainland phone (SMS in HK) and face verification

Online in a few minutes; must be inside HK; mainland residents also need an unencrypted entry-record PDF.

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

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