1. When performing outward remittance (not including local interbank transfers (CHATS)*) with currency exchange, each of the FX Prompt transaction must not exceed the online maximum transaction USD1,000,000 equivalent via Hang Seng Business e-Banking.
2. Locking real time foreign exchange rate transactions must be authorized with same day value before the cut-off time to enjoy the service via Hang Seng Business e-Banking or Hang Seng Business Mobile App.
   • Each of the transaction must not exceed the online maximum transaction amount for designated foreign currencies, please refer to the table below.
   • For details of cut-off time to real-time outward remittance (including local interbank transfers (CHATS)*) with currency exchange (choosing “Now” as the Transfer Date), please refer to Hang Seng webpage > Business > Remittance Service > Reference > Outward Remittance & CHATS Services Cut-off Timetable.

     Designated Foreign Currencies	Real-time Outward Remittance (including local interbank transfers (CHATS)*) with Currency Exchange Online Maximum Transaction Amount
     AUD	HKD16,000,000
     CAD	HKD16,000,000
     CHF	HKD16,000,000
     CNY	HKD16,000,000
     EUR	HKD16,000,000
     GBP	HKD16,000,000
     JPY	HKD16,000,000
     NZD	HKD16,000,000
     USD	HKD16,000,000
     THB	HKD4,000,000
     ZAR	HKD4,000,000
     DKK	HKD1,000,000
     NOK	HKD800,000
     SEK	HKD800,000
     SGD	HKD4,000,000

     
     * Local Interbank Transfer (CHATS) currency: Real time payments and transfers done in HKD, USD, CNY and EUR.
3. The English version of this factsheet shall prevail whenever there is any discrepancy between the English and Chinese versions.

Notes:

1. The service, 3-Hour-Remit-Express Service, will be offered on a best effort basis. Applicable to all Hang Seng Bank (China) Limited branches.
2. Service is subject to the fulfillment of the conditions for straight-through processing, (including but not limited to the accuracy of the name of the beneficiary and the account name, supporting documents are fully submitted if required). The cut-off time for same-day credit is 16:30 (Monday to Friday, excluding public holidays in Mainland China and Hong Kong).
3. The RMB remittance instructions should be provided with correct account name, account number and SWIFT BIC code (applicable to payments processed via Cross-border Interbank Payment System (“CIPS”)) of the beneficiary bank and neither currency exchange nor follow-up action from the Bank. Otherwise, instructions will be processed on the next business day.
4. The cutoff time of remittance instructions is 17:45 for the amount less than or equal to RMB 3,000,000 and via Cross-border Interbank Payment System (“CIPS”). Otherwise, the cut-off time is 16:30.
5. Applicable to any application for outward remittances to Hang Seng Bank (China) which is submitted via Hang Seng Business e-Banking or Hang Seng HSBCnet before 16:30 from Monday to Friday, provided that it is a business day both in Hong Kong and mainland China, and the beneficiary is a commercial customer of Hang Seng Bank (China), and the beneficiary has already submitted all the required supporting documents to the beneficiary bank for validation.
6. Service is subject to the fulfillment of the conditions for straight-through processing (e.g. debit account with sufficient funds, correct/complete beneficiary information including beneficiary account number and beneficiary bank's SWIFT BIC code). It is not available for transactions which are restricted by Mainland legal and regulatory authorities and transactions which require foreign exchange or declarations. Export proceeds including prepayment for exports will be placed in a transitory account before validation with records at Customs. If the remittance proceeds are from Mainland exports, customers are recommended to specify "Mainland China Export Related Proceeds" to facilitate handling by the beneficiary bank.

The above remittance services are subject to the relevant terms and conditions.

Remarks:

1. Customers may choose to pay interest only and not to make any principal repayment in the first 3 months of the repayment period. Afterwards, customers shall repay the entire principal and pay interest in the remaining repayment period.
2. Customers are required to make a minimum payment of an amount equivalent to 10% of the total outstanding amount on or before the payment due date as shown in the relevant monthly statement.