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

For commercial customers successfully making outward remittances to Mainland China via Hang Seng internet banking before 4:30pm or the relevant cut-off time, the remittance proceeds will be credited to the beneficiary accounts with designated beneficiary banks* in major Mainland cities on the same day. Hang Seng Business e-Banking customers can enjoy free “Hang Seng Business e-Banking e-Alert Services” Footnote remark [1] after successful processing of each remittance transaction.
*Please refer to the table below for details

Conditions Outward remittance to
Hang Seng Bank (China)Footnote remark [2] Industrial BankFootnote remark [3] Bank of CommunicationsFootnote remark [4]
Commercial customers
Beneficiaries Hang Seng Bank (China) customers Industrial Bank customers Bank of Communications corporate customers
Mainland Cities
Application Channels
Hang Seng HSBCnet, Hang Seng Business e-Banking
Hong Kong Cut-off TimeFootnote remark [5] 4:30pm 3:00pm 4:00pm
Remit Currencies CNY and other major currenciesFootnote remark [6] HKD HKD

Service Enhancement – Credit within 3 hoursFootnote remark [7]

To offer a speedy remittance service, outward remittance to beneficiary accounts held with Hang Seng Bank (China)Footnote remark [2] to be credited within 3 hours.