Mox (full Name: Mox Bank Limited) Is A Virtual Bank Jointly Established By Standard Chartered Bank (Hong Kong), PCCW, HKT And Trip.com. The Chief Executive Officer Is Hu Bosi.

History In March 2019, SC Digital Solutions Limited, A Consortium Of Standard Chartered Bank (Hong Kong), PCCW, HKT And Trip.com, Became One Of The First Companies To Win A Virtual Banking License In Hong Kong.

In May 2020, The First 3,000 Customers Who Registered With Mox Could Obtain A Limited Edition Metal Mox Card. In September Of The Same Year, Mox Officially Opened And Announced That All Pre-registered Customers Could Obtain A Limited Edition Metal Mox Card.

In December 2020, Mox Announced That It Will Add Support For ZA Bank From December 5, But Discontinue The Electronic Direct Debit Authorization (eDDA) Services Of HSBC, Hang Seng Bank, Bank Of China (Hong Kong) And Dah Sing Bank, Noting That They Need To Be Removed From The List Due To Commercial Decisions Made By Individual Banks.

In November 2021, Mox Launched The "instant Borrow" Loan Service. If Customers Borrow 100,000 Hong Kong Dollars Or More, The Repayment Period Is 25 To 36 Months, The Actual Annual Interest Rate Is As Low As 1.39%, And The Processing Fee Is Free.

In February 2022, Mox Announced That Christian Piccardi Joined Mox As Chief Information Officer, And David Walker, Interim Chief Information Officer And Chief Information Security Officer, Will Take On New Roles As Newly Created Chief Data, Information Security And Innovation Officer.

Equity Distribution

- Standard Chartered Bank (Hong Kong) 65.98%

- PCCW And HKT Together Hold 25%

- Trip.com 9.02%

Mox Is The Only Virtual Bank In Hong Kong Majority-owned By A Foreign Company.

In October 2020, Some Mox Customers Discovered That An Unknown Customer's Name Appeared On Their September Monthly Statement, And Suspected That Their Personal Data Had Been Leaked. Mox Pointed Out That There Was A Technical Problem, And The Incident Was Not Related To The System Of Standard Chartered Bank. The HKMA Said That It Had Been Notified By The Bank, And That The Bank Was Investigating The Incident And Would Submit A Report To The HKMA.