Faster Payment System (FPS) allows you make free real-time interbank local transfers in HKD or RMB using mobile number, email address, FPS ID or QR code with no handling fee. And you don’t even need their bank account details.
Explore real-time transfer and payment services by FPS for managing your daily finances easier. Download SC Mobile App and register for SC Pay now!
Home>SME in One>Corporate Payment Management Solution> FPS (Faster Payment System) BOCHK provides payment services to corporate customers through FPS, which allows you to easily manage your HKD or CNY fund transfers to beneficiary accounts with other banks/financial institutions in Hong Kong via int...
Faster Payment System The Best Businesses Keep It Simple A safe and efficient local interbank fund transfer solution in Real-time Making collection of customer payments and payment of business bills more seamless. Key Features Real-time and 7x24 fund transfer...
How to use the Faster Payment System (FPS) to make free inter-bank transfers in real time? Payee: The recipient must first register their mobile no., email address, FPS ID and/or HKID number, and link this/these to a designated account through the FPS Addressing Service. They can also ...
7. What is a Faster Payment System (FPS) generated ID? A FPS-generated ID is a random 7-digit number that is assigned by the Faster Payment System upon registration through the HSBCnet Alias Management service. A FPS ID can be registered as an alias for only one bank account, and vice...
1. Bank Services relating to Faster Payment System 1.1 The Bank provides the Bank Services to customers to facilitate payments and funds transfers using the Faster Payment System. The Faster Payment System is provided and operated by HKICL. The Bank Services are therefore subject to the rules,...
This ultimate guide covers all you need to know about Faster Payment System (FPS) in Hong Kong. Find out how to register, send and and receive money via FPS.
HKD and RMB Accounts in Hong Kong: new statement narratives for Hong Kong Faster Payment System transactions As part of the industry wide launch of Faster Payment System in Hong Kong, HSBC is introducing new statement narratives and transaction codes for Priority Payment (inward and outward), ACH...
Hong Kong Kicks Off Faster Payment System, First Day’s Transaction Volume Hit 0.2 billion RMB 2nd October, 2018 (ChainDD)Hong Kong Monetary Authority (HKMA) announced that, on 30th September, the first day of operation, the Faster Payment System (FPS) roughly worked smoothly , dealing with...