HONG KONG, CHINA - MediaOutReach - 22 September 2020 - Mox BankLimited ("Mox") is officially launched to everyone in HongKong today. Mox is the new virtual bank created by Standard Chartered inpartnership with PCCW, HKT and Trip.com, which provides its suite of retailbanking services entirely digitally over its app.
Deniz Güven, CEO of Mox, said: "We are soexcited to welcome everyone in Hong Kong to Mox. We designed our bank aroundthe fact that every day and every moment count for people in Hong Kong. We wantto help you to make the most of today and plan for tomorrow at the same time.We believe every day is a day for progress, and every day counts when you'rewith Mox."
Our mission at Mox is to help everyone in HongKong grow -- your money, your world, your possibilities. We want to help yoube in control of your day-to-day finances and build the financial freedom youwant to enjoy more of life. No matter how small you start or how big your goals,every day with Mox is a chance to grow and to experience a whole new way ofsmarter banking, saving and spending.
Banking can sometimes feel complicated. We want to take the headache out of bankingwith a more streamlined financial management experience to provide you with theinsights to be in control. Opening an account is fast, secure and free. Withinminutes, you can add money from another bank within the app toenjoy Mox's daily interest rate. Track your saving progress and seeyour spending patterns real time. Earn CashBack that is calculated instantlyand credited daily to your account.
Mox also took the lead to launch Asia's firstall-in-one numberless bank card, further enhancing privacy and security forcustomers. Mox is also the first virtual bank in Hong Kong to support both ApplePay and Google Pay, bringing a fast and simple way to pay online, in-apps andin-stores.
We understand saving can be difficult to put intopractice. We believe saving is easier when it has meaning. With Mox, you canset up sub-accounts called Goals, name them as you like, personalise them withan image and track your progress real time. Tools such as our SavingsCalculator can help automate your savings, and help you build towards yourtargets with insights and information.
Every day counts when you're with Mox, because everyday is an interest-earning day! Earn 1% p.a. daily interest on up to HKD1million deposits across all your Mox accounts*.
Smarter spending starts with understanding where youare with your money and your monthly expenses. That's why we have started with a debit card, which you will have to top up. We want to help you save as you spend withreal daily "cash" back. Real money, credited back to your account daily toaccrue interest automatically -- with no hidden fees, expiry dates or separatereward platform.
Enjoy 1% Unlimited CashBack* everywhere you go. What'smore, from now to 31 December 2020, enjoy 5% Super CashBack* at our Founding Merchants, up to HKD1,000. All of our FoundingMerchants and Mox exclusive offers were handpicked for you fromconvenience to digital to those that perfectly match your lifestyle.
We welcome you to Generation Mox. Mox is now availableon the Apple App Store and Google Play Store. Download now.
*Terms and Conditionsapply. For details, please visit mox.com.
Mox by Standard Chartered
Mox is the new virtual bank by Standard Chartered in partnership with PCCW, HKT and Trip.com. We are the combinedpower of a leading international bank, the city's telecom and lifestyle leaderand Asia's largest online travel agency.
We were among the first to obtain a virtualbanking licence in Hong Kong in March 2019. Launched in September2020, Mox aims to make banking a delightful experience to helpyou grow your money, your world and your possibilities.
Visit mox.com, and follow us on