Hongkongers named hidden costs and delays in processing payments as their two major complaints when making online money transfers, according to a survey. Photo: Shutterstock
Hongkongers named hidden costs and delays in processing payments as their two major complaints when making online money transfers, according to a survey. Photo: Shutterstock

Hong Kong virtual lender ZA Bank and UK’s Wise in online money transfer tie-up

  • The tie-up will allow users to make competitively priced international money transfers, the companies say
  • Online remittances from Hong Kong to grow 9.2 per cent annually between 2022 and 2027 to US$1.15 billion, according to Statista

Hongkongers named hidden costs and delays in processing payments as their two major complaints when making online money transfers, according to a survey. Photo: Shutterstock
Hongkongers named hidden costs and delays in processing payments as their two major complaints when making online money transfers, according to a survey. Photo: Shutterstock
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