iAM Smart
Hong Kong identity with the individual's consent.
Account opening without the HKD 10,000 deposit.
Syfe Hong Kong investors open an account in minutes with iAM Smart, instead of proving who they are with a HKD 10,000 bank transfer.
Wealth managementThe problem
Opening an investment account remotely has to follow one of the approaches the SFC accepts. Without a digital identity such as iAM Smart, the usual route is the designated bank account: the client transfers at least HKD 10,000 from their own Hong Kong bank account before the account opens.
For a first-time investor, that means committing HKD 10,000 and waiting days for the transfer to be matched, just to prove who they are.
SFC: acceptable account opening approaches (opens in a new tab)An initial deposit of not less than HK$10,000 from a bank account in the client's name maintained with a licensed bank in Hong Kong.
How we solved it
- 1
Choose iAM Smart
The investor picks iAM Smart in the Syfe app and approves the request on their phone.
- 2
The application fills itself
e-ME completes the form from the investor's iAM Smart profile, so nothing is typed.
- 3
Open the account, no deposit
The SFC accepts iAM Smart for identity verification, so the HKD 10,000 transfer is not needed.
The impact
Investors open an account in minutes and fund it when they choose, not to prove who they are.
BeforeHKD 10,000
With Fill EasyHKD 0
With Fill Easy
- HKD 0 to verify identity
- Account open in minutes
- Application filled by e-ME
- Identity from the government record
Sources
- Securities and Futures Commission · Updated 30 May 2025Acceptable account opening approaches, including the HK$10,000 designated bank account and iAM Smart (opens in a new tab)
- Syfe Hong KongAccount opening help: authorise iAM Smart to share your details with the Syfe app (opens in a new tab)
- Fill Easy · Jul 2025Fill Easy and Syfe strengthen digital onboarding with trusted identity verification