Private Banks in Hong Kong
Compare leading private banks and their services in Hong Kong
Market Overview
Market Size
$1.1 trillion
Total private banking assets under management
Regulatory Body
HKMA (Hong Kong Monetary Authority)
Primary financial regulator
Average Management Fee
0.35% - 1.25%
Typical fee range for wealth management
Private Banks in Hong Kong
| Bank | Minimum Investment | Management Fee | Key Services | Heritage | |
|---|---|---|---|---|---|
| $1,000,000 | 0.45% - 1.35% |
| Since 1856 | Get Matched | |
| £1,000,000 | 0.50% - 1.45% |
| Since 1896 | Get Matched | |
| CHF 1,000,000 | 0.65% - 1.75% |
| Since 1890 | Get Matched | |
| $2,000,000 | 0.50% - 1.50% |
| Since 1862 | Get Matched | |
| USD 2,000,000 | 0.50% - 1.60% |
| Since 1853 | Get Matched | |
| $5,000,000 | 0.60% - 1.75% |
| Since 1799 | Get Matched | |
| $5,000,000 | 0.65% - 1.85% |
| Since 1935 | Get Matched | |
| $5,000,000 | 0.60% - 1.75% |
| Since 1865 | Get Matched | |
| $10,000,000 | 0.75% - 2.25% |
| Since 1869 | Get Matched | |
| USD 25,000,000 | 0.80% - 1.90% |
| Since 1812 | Get Matched |
Requirements and Documentation
Minimum Investment
HKD 8,000,000
Typical minimum investment requirement
Required Documentation
- Hong Kong ID/Passport
- Proof of address
- Source of wealth
Key Regulations
Banking Ordinance
Securities and Futures Ordinance
Anti-Money Laundering Ordinance
Frequently Asked Questions
What is the minimum investment for private banking in Hong Kong?
Minimum investments for private banking in Hong Kong typically start from HKD 8,000,000, varying by bank and services required.
How are private banks regulated in Hong Kong?
Private banks in Hong Kong are regulated by HKMA (Hong Kong Monetary Authority) under strict regulatory frameworks ensuring client protection and financial stability.
What are the typical management fees in Hong Kong?
Management fees for private banking in Hong Kong typically range from 0.35% - 1.25%, depending on the bank and portfolio size.
What services do private banks in Hong Kong offer?
Private banks in Hong Kong offer comprehensive wealth management services including investment advisory, estate planning, tax optimization, and family office services.
How do I open a private bank account in Hong Kong?
Opening a private bank account in Hong Kong requires meeting minimum investment thresholds, providing extensive documentation, and undergoing comprehensive due diligence processes.
What are the tax implications of private banking in Hong Kong?
Private banking in Hong Kong involves complex tax considerations including reporting requirements, tax optimization strategies, and compliance with international regulations like CRS and FATCA.
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