Are there fees for transferring money in or out of the account?

Not at all!

If you choose to deposit or withdraw in HKD, there will be a 0.10% currency conversion rate charged by our custodian bank (Citibank). This fee is embedded in the exchange rate.

If you'd like to deposit or withdraw in USD, there will be no currency conversion fees but your bank may charge other processing fees so we would encourage you to check with your bank first.