Mox Bank: Standard Chartered's Virtual Bank for Personal Banking in HK

Алёна Дунаева · юрист, Family Office · May 24, 2026

Concept

Mox Bank is a Hong Kong virtual bank licensed by HKMA. Launched in September 2020 as a partnership with Standard Chartered Bank (main shareholder 65%) and HKT, PCCW, Trip.com Group. The key difference from other HK virtual banks is that it works only with individual clients; corporate accounts are not offered. Deposits are insured by Hong Kong DPS up to HK$800,000.

Mox positions itself as a premium service for retail clients: numberless Mox Card (debit + credit in one card), Mox One—a cashback credit card, multi-currency wallet (USD, EUR, GBP, AUD, CAD, CHF, JPY, RMB, SGD). For UHNW clients of Standard Chartered—Mox Wealth.

🍓 Mox Bank is the choice for retail clients who are HK residents or Hong Kong company owners needing a personal account with a multi-currency wallet and premium card. For corporate accounts of Hong Kong companies—ZA Bank, livi, Airstar, or traditional HSBC HK / Standard Chartered HK.

Use Cases

Personal account for HK residents or Hong Kong company owners. Multi-currency wallet for 9 currencies without additional conversion fees, debit and credit Mox Card.

Mox One—credit card with no annual fee. From 02.04 to 30.06.2026, a promo is active: 2% cashback (or 1 Asia Mile for every 4 HK$) with no cap for salary from HK$25,000 or Mox+ status; 3% cashback at HK supermarkets with no cap.

Time deposits. As of April 2026—up to 2.3% on HKD deposits and up to 3.4% on USD deposits (minimum from ⁃1). Rates without promo—0.001% on HKD and USD, 0.01% on other currencies. The main attraction tool is rotating promotions.

Wealth management for UHNW clients at Standard Chartered—Mox Wealth.

Who Mox Is Not Suitable For

Business account for HK Ltd—Mox does not offer business accounts.
Transfers to mainland China—livi, Airstar, Fusion, Ant are better options.
Non-residents of Hong Kong without a local address—Mox requires HKID or proof of address in HK.