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Aspire Business Account vs Chiyu Banking Corporation Business Account Hong Kong (2026)
While both solutions support international business needs, Aspire stands out with a modern, digital-first platform built for efficiency, automation, and day-to-day business operations.
About Aspire
Aspire Business Account is a Fintech Multi-Currency Business Account (MSO-licensed) offered by Aspire, who operates as a Fintech / Payment Institution in Hong Kong.
About Chiyu Banking Corporation
Chiyu Banking Corporation Business Account is a Full-Service Commercial Bank (Bank of China Group; Fujian focus) offered by Chiyu Banking Corporation, who operates as a Regional / Mid-Tier Licensed Bank in Hong Kong.
Aspire vs Chiyu Banking Corporation key differences
Here's a side-by-side comparison of Aspire and Chiyu Banking Corporation to highlight key differences and help you choose the best business account for your needs.
| Fintech / Payment Institution | Regional / Mid-Tier Licensed Bank | |
|---|---|---|
| Business account | ||
| Account type | Fintech Multi-Currency Business Account (MSO-licensed) | Full-Service Commercial Bank (Bank of China Group; Fujian focus) |
| Multi-currency wallets | 13 currencies. HKD, SGD, EUR, GBP, USD, etc | 7 currencies: HKD, RMB, USD, EUR, JPY, GBP, and AUD |
| Local account details (receive like a local) | FPS for HKD, local HKD/USD/CNY/etc | FPS, CHATS, SWIFT |
| Batch payments | Via Bulk Payment | Via CBS Online |
| Invoicing | Via Invoice feature | Not offered |
| Expense management | Via corporate cards + real-time expense tracking | Not offered |
| API access | Via native Open API | Not publicly available |
| Integrations and ecosystem | ||
| Accounting software integrations | Via Xero, Stripe, Quickbooks | Not offered |
| ERP integration | Not offered | Not offered |
| E-commerce integration | Via Tiktok, Shopee, Amazon, Lazada, Carousell, Temu, etc | Not offered |
| Third-party apps | Via Xero etc | Not offered |
| Pricing and fees | ||
| Monthly fee | Basic: HK$0, Premium: HK$99 (Until 31 Dec 2026) | HK$228 |
| Account setup fee | Free | Local: HK$1200, Mainland China: HK$3,000, overseas: HK$5,000 |
| Domestic transfer fee | Free | Corporate: HK$55 |
| International transfer fee | Receive via SWIFT: HK$60, send via SWIFT: SHA USD $15, OURS USD $30 (or equivalent in HKD and CNY) | HK$35 |
| FX markup | From 0.18% | Contact Chiyu for FX rates |
| Receiving payments fee | Free (local HKD via FPS) | HK$65-100 |
| Minimum balance | Free | HK$1,000,000 |
| Global coverage | ||
| Supported currencies | 13 currencies. HKD, SGD, EUR, GBP, USD, etc | 7 currencies: HKD, RMB, USD, EUR, JPY, GBP, and AUD |
| Countries served | Hong Kong, Singapore, India, US, Australia; international businesses via HK entity | Hong Kong + Mainland China HKD, RMB, USD, EUR, JPY, GBP, and AUD |
| Support and services | ||
| Customer support | Dedicated account manager + phone + email; HK team in-office; Aspire HK company registration + accounting also offered | Chiyu branch network + online banking + email + hotline |
Business account
Integrations and ecosystem
Pricing and fees
Global coverage
Support and services*Fees may vary, Comparison as of July 2026
Trusted by 50,000+ modern businesses
4.5 rating
3 reasons why Aspire is better
Aspire is built to be your primary business account, helping you save more, earn more, and move faster in your day-to-day operations. Here's how Aspire stands out.
Every currency your business needs
Aspire gives you local receiving accounts with support for 10+ currencies and native integrations with Shopify, Xero, and more. No more switching platforms to manage international customers or separately.
Fast support for busy founders
Get expert help through in-app chat, 7 days a week. With support just a few clicks away, you can resolve issues quickly and stay focused on running your business.
Get more from your business spend
Earn unlimited 1.2% cashback on eligible business expenses, creating ongoing savings that can be reinvested back into your business.
Run your finances from one place
Open a multi-currency business account with no monthly fee, built-in invoicing, and real-time expense tracking.
How Aspire works
Aspire brings together the security of traditional banking with the innovation of modern fintech to create the future of business finance. Here's what makes our platform uniquely powerful:
Trusted banking foundation
Your funds are safeguarded by licensed financial institutions in full compliance with Hong Kong’s Money Service Operator (MSO) regulatory standards and follows strict data security protocols to ensure your business finances are protected every step of the way.
Seamless global payments
Aspire makes it easy to send and receive payments across 130+ countries in 40+ currencies. With access to local rails and major card networks, businesses benefit from competitive exchange rates, faster transfers, and zero hidden fees—built to support your international operations without the usual friction.
AI-powered financial control
Gain full visibility and control over your business finances with Aspire’s smart tools. From automated reconciliation and multi-level approvals to real-time spend tracking and accounting integrations, Aspire helps modern finance teams streamline operations and stay audit-ready at all times.
Our investors
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Frequently asked questions about Aspire vs Chiyu Banking Corporation
Aspire is well suited for startups and digitally operated businesses looking for modern financial tools beyond basic banking. Perfect for companies handling cross-border payments, e-commerce, or multi-user finance workflows.
Chiyu Bank can be a good fit for businesses that prefer traditional banking relationships and branch access. Perfect for companies looking to strengthen ties to Mainland China.
While Chiyu Bank wins on China-focused services, Aspire stands out for integrated financial operations and multi-currency business accounts, making your businesses scale globally easier.
Aspire delivers strong value through our all-in-one finance platform, automation features, and international business tools. Whereas Chiyu Bank mostly offers value through its established banking network.
Aspire provides dedicated support with a founder-first approach that startups appreciate. Chiyu Bank offers traditional support channels for businesses that prefer conventional banking. But for founders who are in need to be prioritised, Aspire provides a more comprehensive service.
Hear it first from our customers
Gregory Van
CEO of Endowus
Read the case study“As a startup, we needed more flexible solutions to support our increasing needs, as well as ones that’d make the most financial sense in supporting our growth.”
- Saved per year
- $111,000
- Saved per year
- 900hr
Chai Yang
Finance Director
Read the case study“It was challenging to recognise costs efficiently with manual processes. With Aspire, we have control and visibility into all expenditure, allowing us to act swiftly and make informed decisions.”
- Saved per year
- $35,320
- Saved per year
- 1,664hrs
Sagar Khatri
Co-Founder at Multiplier
Read the case study“For organisations with many moving parts like ours, budgeting is important. Being unable to view our state of expenses at any given time causes challenges to modern businesses like ours.”
- Saved per year
- $73,000
- Saved per year
- 760hrs
Start your journey with Aspire
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