RD Wallet is a licenced Stored Value Facility in Hong Kong. It is the first business-focused, multiple-currency mobile wallet. RD Wallet offers deposits, local and cross-border payments and foreign exchange services for businesses.
100% mobile onboarding for Hong Kong and overseas businesses*
Instant settlement for wallet-to-wallet transfers
Multiple currencies
New accounting unit "Round Dollar" (RDU)
*Subject to successful completion of corporate identity verification on RD App and RD Wallet’s internal approval procedures, which include but are not limited to the provision of entity and business information in English for company search. Terms and conditions apply.
What is RD Wallet?
RD Wallet is the first business-focused mobile wallet in Hong Kong and it supports currencies commonly used in regional trade. RD Wallet will be launching Round Dollar, a new accounting unit, that helps businesses manage foreign exchange risks more effectively.
100% mobile onboarding
Open a mobile business account anytime, anywhere. Accepting applications from Hong Kong and overseas businesses.*
Support multiple currencies for both local and cross-border payments
Instant settlement for wallet-to-wallet transfers
Instant settlements for wallet-to-wallet transfers anytime, anywhere. Business payment has never been so easy.
A new accounting unit "Round Dollar" to manage foreign exchange risks
RD Wallet will introduce a new accounting unit, "Round Dollar" (RDU), to help businesses manage foreign risks more effectively. Composed of HKD, RMB and JPY, every unit of Round Dollar consists of 25 HKD, 47 CNY and 550 JPY.
FAQS
Frequently Asked Questions
Currently, RD Wallet supports multiple currencies, including HKD, CNY, USD, EUR and JPY. More options of currencies will be supported in the near future to facilitate cross-border payment.
RD Wallet corporate customers can make inward and outward fund transfer by using local bank transfer, Faster Payment System (FPS) or remittance, as well as receiving payments from local and overseas enterprises and individuals via such channels. Corporate users can also make use of the “wallet-to-wallet transfer” function featuring instant settlement which highly improves cash liquidity.
Please refer to our fee.
Composed of HKD, CNY and JPY with reference to a specified weight, RDU will offer a new alternative to trading companies to manage their exchange rate risks. Every unit of Round Dollar consists of 25 HKD, 47 CNY and 550 JPY.
RD Wallet currently does not offer wallet account services for personal use.