Hong Kong Orientation Guide

Banks/Money

Currency Conversions

Currency and Exchange Rate

www.xe.com www.oanda.com

The Hong Kong dollar (HK$) is an internationally recognized currency, separate from China’s own currency.

Currency conversion websites to check up-to-date exchange rates.

Major HK$ notes are: $100, $500 and $1,000 and; lesser HK$ notes are: $10, $20, $50. Coins issued are 10 cents, 20 cents, 50 cents, HK$1, HK$2, HK$5 and HK$10.

Exchange Rate

The exchange rate of the Hong Kong Dollar is “pegged” to the U.S Dollar. HKD$7.78 to the US$1. For an accurate exchange rate, see your nearest bank.

Banks / Opening up a Bank Account

Main retail banks in Hong Kong offer cash withdrawal facilities for Visa and MasterCard through Automatic Teller Machines (ATMs) operating as a 24-hour service throughout the territory. HSBC and Heng Seng utilize the global network ‘PLUS’. Standard Chartered Bank has an ATM network called ‘JETCO’.

For more information contact www.info.gov.hk/hkma/eng

Check your banks ATMmachine for bill payment options. Utilities, Income Tax and Government services can be paid through an ATMmachine.

The Hong Kong and Shanghai Banking Corporation Limited (HSBC)

Tel: 2233 3000 www.hsbc.com.hk

Standard Chartered Bank (Hong Kong)

Tel: 2820 3333 www.standardchartered.com.hk

Hang Seng Bank Limited

Tel: 2198 1111 www.hangseng.com

Citibank

Tel: 2868 8888 www.citibank.com.hk

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