RD Wallet

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.

$0 to open, and $0 remittance fee during pilot run*

Instant settlement for wallet-to-wallet transfers

Multiple currencies

New accounting unit "Round Dollar" (RDU)

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.

$0 to open, immediately available for use

Support remote account opening at zero fee and immediately available for use. We offer $0 remittance fee during pilot run.* (*RD Wallet's handling fee waived; intermediary bank charges and beneficiary bank charges not included.)

Support multiple currencies for both local and cross-border payments

Support multiple currencies for both local and cross-border payments, including HKD, CNY, USD, EUR and JPY. You can make business payments anytime, anywhere. 

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. 

About RD Wallet

RD Wallet is licensed stored value facility (SVF) in Hong Kong regulated by Hong Kong Monetary Authority (licence number: SVF0016). It is the first digital wallet for enterprises, providing value-added, local and cross-border payment and foreign exchange services for corporate customers:

  1. Free to open and instantly available to use
  2. Applicable to local and cross-border payment
  3. Wallet-to-wallet transfer features instant settlement
  4. Support multiple currencies