Hong
Kong holds one of the most efficient banking services in the world.
Nearly all their global banks have their branches in Hong Kong. Banks in
Hong Kong provide world-class services and ATMs can be used even in
remote corners. As for currency exchange, one can do the task in banks,
airport and hotel currency counters.Banks
Hong Kong enjoys one of the highest concentrations of banking services in the world. Most banks provide public service from 9am to 4:30pm Monday to Friday, and 9am to 12:30pm on Saturday. However, there are some banks open for slightly longer hours. They are off on Sundays and public holidays.
Prominent banks operating in China are Bank of China (Hong Kong), Bank of East Asia, Citibank, Industrial and Commercial Bank of China, Public Bank (Hong Kong), Standard Chartered Bank, ABN Amro Bank, American Express Bank, Bank of America, Bangkok Bank, Bank of China, Bank of India, Bank of New York, Commonwealth Bank of Australia, Deutsche Bank, HSBC Bank, National Bank of Pakistan, and State Bank of India.
Automated teller machines (ATMs)
ATMs are available on all nooks and corners of Hong Kong. American Express cardholders have access to Jetco ATMs and can take out local currency and travellers' cheques at the Express Cash ATMs. Some machines provide 24-hour cash withdrawal (HK$) facilities.
Currency
Currency
of Hong Kong is Hong Kong Dollar (HK$). One dollar comprises 100 cents.
Coins, issued by the government, are bronze for HK$10 and
silver-coloured for HK$1, HK$2, and HK$5. Bank of China issues all of
the denominations with the exception of HK$10.Currency Exchange
Value of the Hong Kong dollar is around HK$7 per US$. However, the rate fluctuates marginally. Banks and money changers charge commission for exchanging currency. You can also exchange money in major hotels and retail outlets. However, you should keep in mind that coins are not exchanged.