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Banks/Money
Currency and Exchange Rate
The Hong Kong dollar (HK$) is an internationally recognized currency, separate from
China’s own currency.
Major HK$ 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 contac
t www.info.gov.hk/hkma/engCheck 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.hkStandard Chartered Bank (Hong Kong)
Tel: 2820 3333
www.standardchartered.com.hkHang Seng Bank Limited
Tel: 2198 1111
www.hangseng.comCitibank
Tel: 2868 8888
www.citibank.com.hkCurrency Conversions
www.xe.com www.oanda.comCurrency conversion websites to check
up-to-date exchange rates.