RD Wallet is a licenced Stored Value Facility (SVF) in Hong Kong regulated by the Hong Kong Monetary Authority (licence number: SVF0016).  With RD Wallet, businesses can open business accounts on mobile for easy store of value, payments, transfers and FX anytime, anywhere.
 

• Open a business account on mobile in as fast as 1 hour^, anytime & anywhere. 
• Accepting applications from Hong Kong, overseas, and offshore businesses^
• Receive and send money instantly using wallet-to-wallet transfer
• Support multiple currencies: HKD, CNY, USD, JPY, EUR
• Enjoy competitive FX rates with 0% fees

Accepting applications from Hong Kong, overseas, and offshore businesses^, including sole proprietorships, partnerships and limited companies registered in Hong Kong, as well as limited companies registered outside of Hong Kong^ (except businesses and companies registered in Mainland China). 

Accepting applications from businesses with owners, shareholders and directors who are holders of Hong Kong Identity Card, China Resident Card, and passport.

Opening a business account on mobile with RD Wallet anytime, anywhere. 

New customers:​

1. Complete identity verification​    
   Download RD App and complete identity verification. 
2. Create business profile​    
   Submit constitutional documents (e.g.,  Certificate of Incorporation, Business Registration Certificate, and Articles of Association, etc.) and fill in information about the business, shareholding structure and key people. 
3. Submit RD Wallet account opening application​    
   Fill in and submit RD Wallet account opening application. 
4. Confirm mandate​    
   Confirm mandate for your application. ​    
    

Customers who have successfully created a business profile on RD App: 

1. Submit RD Wallet account opening application ​    
   Submit account opening application in the “Wallet” page on RD App. 

You can simply submit the incorporation and/or registration certificates / documents of the business on RD App. 

Taking a business registered in Hong Kong as an example, you can simply submit the Certificate of Incorporation, Business Registration Certificate, as well as the Articles of Association of the business. If you are an overseas or offshore business, equivalent documents will be accepted.

You can upload PDF and photo files on mobile or you can take photos of the document and upload them.

You can see details about our fees here.

RD Wallet business customers can send and receive money instantly with $0 fees using wallet-to-wallet transfer.  They can also send and receive money through bank transfers, Faster Payment System (FPS) and remittance. 

Round Dollar Unit (RDU) is an account unit with 47 CNY, 550 JPY and 25 HKD. Round Dollar (RDU) can be used as means of payment within RD Wallet. 

RD Wallet currently does not provide personal account services.