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Statrys review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Statrys is a digital-only business account for companies paying suppliers and staff across borders, with no monthly fee and a low conversion charge. It suits Hong Kong and Singapore businesses that hold several currencies and want local payout details, and it ranks 1 on monthly fee among the brands compared.

Key facts

Best for
Businesses that pay overseas suppliers and want local account details in several markets.
Monthly fee
HK$0↗
Currency conversion fee
0.1% to 0.15%↗
Currencies
11↗
Local account details
IBAN, UK-sort-code↗
Transfer fee
Domestic HKD/CNY HKD 5, domestic USD HKD 75, SWIFT send HKD 85, local EUR/GBP free, local USD/AUD/INR/SGD/IDR/PHP HKD 25↗
Legal entity
Statrys Limited↗
Headquarters
Hong Kong↗
Support channels
Email, Chat, Phone, Help-centre↗
Audience
Business
Pricing model
No monthly fee, Low FX fees
Features
Digital-only
Official website
statrys.com

Money transfer

Exchange rate markup
0.1% to 0.15%↗
Delivery time
Minutes for local currency payouts to 15 countries↗
Payout methods
Bank, Wallet, Card↗
Fee to send 1,000
HK$5 to HK$85↗

Facts checked September 26, 2026, 4 sources

Apps and profiles

Get the app
App Store
Elsewhere
Trustpilot

Pros and cons

Pros

  • No monthly fee at HKD 0, with local euro and sterling transfers free
  • Conversion fee of 0.1% to 0.15% and a rate markup of 0.1% to 0.15%
  • Payouts take Minutes for local currency payouts to 15 countries for local currency transfers
  • Local details including iban and uk sort code

Cons

  • Cash is not among its payout methods, which cover bank, wallet and card (bank, wallet and card)
  • A 0.1% to 0.15% charge still applies on every conversion
  • Sending by SWIFT costs HKD 5 to HKD 85
Statrys

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Scored 9.4 / 10 by VaultCue.

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Who it suits

  • Businesses invoicing in several currencies and paying overseas suppliers
  • Hong Kong and Singapore companies that need local payout details
  • Payroll teams making repeated cross-border payments

Who should look elsewhere

  • Anyone who needs branch cash handling, since the account is listed as digital-only (digital only)
  • Businesses wanting a deposit protection scheme, since the licences here are money service operator and payment institution ones

Fees and currency costs

The account carries a monthly fee of HKD 0. Converting currency costs 0.1% to 0.15%, and the rate markup on exchange runs 0.1% to 0.15%. Transfer fees vary by rail: domestic Hong Kong dollar and renminbi payments, domestic US dollar payments and SWIFT sends are charged, while local euro and sterling payments are free, as are local payments in other listed currencies. Sending by SWIFT is the dearest option, so paying suppliers through local rails keeps costs down.

How Statrys compares

Where Statrys is available

Licence in Hong Kong
Hong Kong Trust and Company Service Provider (TCSP) (TC008677), checked September 26, 2026
Licence in Hong Kong
Hong Kong Money Service Operator (MSO) (19-02-02726), checked September 26, 2026
Licence in Singapore
Monetary Authority of Singapore (Major Payment Institution) (432028), checked September 26, 2026
Licence in Singapore
ACRA (Singapore Corporate Service Provider) (FA20230475), checked September 26, 2026

Frequently asked questions

How much does a Statrys business account cost to run?+

The monthly fee is HKD 0, so keeping the account open adds nothing to running costs. There is no minimum balance requirement listed, and the account is built around paying suppliers rather than holding savings.

What does it cost to convert currency?+

Converting between the supported currencies costs 0.1% to 0.15% per conversion, and the markup on the exchange rate itself is 0.1% to 0.15%. Both are low compared with typical retail money transfer providers, though the charge applies every time you exchange.

How much do transfers cost?+

Transfer fees run HKD 5 to HKD 85 depending on the rail. Local euro and sterling payments are free, domestic payments in several Asian currencies carry a small charge, and sending by SWIFT sits at the top of the range.

Is Statrys regulated?+

Statrys Limited holds a Hong Kong Money Service Operator licence and a Hong Kong Trust and Company Service Provider licence, and it is registered with the Monetary Authority of Singapore as a Major Payment Institution. It also holds ACRA corporate service provider registration in Singapore.

Can I get local account details in the markets I trade in?+

The account provides iban and uk sort code, so you can receive money like a local customer in several countries and pay suppliers from those details. It holds 11 currencies, which is fewer than the largest multi-currency accounts but enough for most Asian trade routes.

How quickly do payouts arrive?+

Payouts take Minutes for local currency payouts to 15 countries. Money can go out to a bank account, a wallet or a card, so payroll runs and supplier invoices can be settled without waiting on an intermediary.

Who can open a Statrys account?+

The account is built for business, so it suits companies rather than personal accounts. A company registered in Hong Kong or Singapore will find the fit, while individuals looking for a personal current account will need another provider.

How do I get help if a payment is stuck?+

Support runs on email, chat and phone, which covers most ways of reaching the team. Because the service is digital-only, a help centre and live contact replace any branch visit.

Sources

  • statrys.com/hk/about-us checked September 26, 2026

    Backs: Headquarters, Legal entity, Licences

    “Hong Kong Money Service Operator (MSO) via Statrys Limited (License No. 19-02-02726)”

  • statrys.com/hk/business-account checked September 26, 2026

    Backs: Delivery time, Local account details, Payout methods

    “Local payouts to 15 countries Pay suppliers in their local currency in minutes - faster and cheaper than SWIFT.”

  • statrys.com/hk/faq checked September 26, 2026

    Backs: Support channels

    “Support Team +852 5803 2818; Live Chatbot; WhatsApp; Email support@statrys.com”

  • statrys.com/hk/pricing checked September 26, 2026

    Backs: Audience, Currencies, Features, Currency conversion fee, Exchange rate markup, Pricing model, Monthly fee, Transfer fee, Fee to send 1,000

    “We serve thousands of business owners from 70+ countries”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type, Deposit protection.

Statrys

Statrys

Businesses that pay overseas suppliers and want local account details in several markets.

9.4/10See alternatives