Hang Seng Business e-Banking

Business Banking > Cash Management > Current Promotion Offer
 

As the trading between Hong Kong and the Mainland is growing rapidly, it is vital to boost up the efficiency in order to capture every business opportunity. As your business partner, we are devoted in enhancing our Mainland China Remittance Service in order to allow you remit funds to beneficiary account in Mainland China to meet your business needs with greatest flexibilities.

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For corporate customers making remittances from Hong Kong to Mainland China via Hang Seng internet banking successfully by 4:30pm (1), the remittance proceeds would be credited to the selected beneficiary accounts in designated Mainland cities on the same day. Hang Seng Business e-Banking customers can enjoy the free “Hang Seng Business e-Banking e-Alert Services” (2) after successful processing of each remittance transaction.

Conditions

Outward Telegraphic Transfers to

Hang Seng Bank (China) (3)

Industrial Bank (4)

Bank of Communications (5)
Remitters
Corporate customers
Beneficiaries Hang Seng Bank (China) customers Industrial Bank customers Bank of Communications corporate customers
Mainland Cities 11 Mainland Cities 4 Mainland Cities 97 Mainland Cities
Application Channels
Hang Seng HSBCnet, Hang Seng Business e-Banking
Hong Kong Cut-off Time
(Monday - Friday)		 4:30pm 3:00pm 4:00pm
Remittance Currencies Major currencies (except RMB) HKD / USD only HKD / USD only

FAQ
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(1) Only applicable for outward remittances to Hang Seng Bank (China).
(2) If the Primary User of Hang Seng Business e-Banking Customer activates the setting of “Outward Payments Notification” for the Designated Account(s) under “Hang Seng Business e-Banking e-Alert Services” via Hang Seng Business e-Banking platform. After the remittance transaction has been successfully processed, the details of such remittance transaction will be sent to the designated Business e-Banking users via e-mail, SMS or Business e-Banking platform in the manner as specified by the customer. The “Hang Seng Business e-Banking e-Alert Services” is subject to the relevant terms and conditions.
(3) Hang Seng Bank (China) Limited ("Hang Seng Bank (China)")
(4) Industrial Bank Co., Ltd. ("Industrial Bank")
(5) Bank of Communications Co., Ltd. ("Bank of Communications")
 
General Terms & Conditions
• Only applicable to the Bank's corporate customers.
• Service is available from Monday to Friday which is business day for both Hong Kong and Mainland China.
• Service is applicable by fulfilling the conditions of straight-through processing (e.g. debit account with sufficient funds, correct / complete beneficiary information including beneficiary account
number and beneficiary bank's SWIFT code).
• Service is not applicable to large amount remittances, transactions restricted by Mainland regulatory entities and transactions requiring foreign exchange or declarations. Export proceeds including prepayment for exports will be placed in a pending account before validation with the records at Customs.
• If the remittance proceeds originate from Mainland exports, customers are recommended to specify "Mainland China Export Related Proceeds" to facilitate handling by the beneficiary bank.
• The Bank reserves the right to change the offer and amend the related terms and conditions from time to time without prior notice.
• In case of disputes, the decision of the Bank shall be final.