Hong Kong’s ZA Bank announced that it has introduced a business banking referral programme.
Existing personal banking users can invite companies to open a ZA Bank Business account online and earn cash rewards for successful referrals.
From now until 10 November 2024, users can receive HKD 288 for each company they refer, with no limit on the number of referrals.
To qualify for the reward, referees must open an account using the provided invitation code.
Each referee will receive three rate-up coupons, enabling them to access preferential savings rates.
If a referee maintains a savings balance of HKD 3,000,000 for the entire 31-day validity period of the coupons, they may earn up to HKD 6,000 in interest.
ZA Bank offers various banking services, including deposits, transfers, payments, foreign exchange, and loan solutions to support local SMEs.
The bank’s online business account opening service, launched in April 2023, aims to streamline the process for businesses, including startups that have been operating for less than a year.