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Help Center Funding Deposit [HK Bank] FPS transfer from HSBC

[HK Bank] FPS transfer from HSBC

Tips:

1. Your payment account name must be the same as your FUTU Securities account name. Funds transfered from third-party accounts, E-wallets or cash transfers will not be accepted.

2. Your transferred funds needs to be settled and verified after FUTU have received your transfer. 

3. Due to compliance reasons (e.g. channel and country risks) and to protect the safety of your assets, Futu HK may refuse your deposit.  After the refusal, Futu HK will inform you the arrangement of the return of funds, either via the same route, or by other means.

What is FPS Transfer?

FPS Transfer is a fully connected fast payment system for banks launched by the Hong Kong Monetary Authority on 30 September 2018.

● Instant interbank transfers

● Free of charge

● 365x24x7 Transfer service

● Futu supports HKD and CNH

● The FPS realizes fast payment through FPS ID, and will support QR Code scanning and other payment methods.

● Customers can deposit funds through FPS ID of Futu Securities directly without mobile phone number or email address to register for FPS.

 

1. FPS transfer on Online-Banking Website (Example of deposit in HKD)

Visit HSBC website: https://www.hsbc.com.hk/

Log in personal E-Banking and find [My Banking] - [Pay or Transfer]. Fill in the form with the following information.

From Account

Select your HKD account

To Account

New Payee

Transfer Type

Account Transfer

Country/Territory

Hong Kong

Payment Method

Pay to FPS Identifier

FPS ID

7522014

Beneficiary Bank

INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA)

Beneficiary's Name

FUTU SECURITIES INTL (HK) LTD

Transfer Amount

Enter the amount you need to deposit

Date

Now

Notes:

1. For your convenience, we recommend you to register FUTU as your frequent beneficiary by ticking the check box [Add to My Payees].

2. Please double check your transfer information before submit.

3. Please capture your screen after transfered for future reference.

 

2. FPS transfer on Online-Banking APP (Example of deposit in HKD)

Launch HSBC APP and log in. Find [Pay and Transfer]. Fill in the form with the following information.

Transfer To

7522014

Amount

Enter the amount you need to deposit

Beneficiary Bank

INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA)

Beneficiary's Name

FUTU SECURITIES INTL (HK) LTD

Notes: 

1. Please double check your transfer information before submit.

2. Please capture your screen after transfered for future reference.

 

3. Notify Futu after initiating a deposit

When making a deposit with Futu, clients are required to notify Futu through the Futubull app after initiating the deposit process. This notification step is essential for all deposits, except for those made via bank-securities transfer and eDDA.
Notes:
  • Your deposit cannot be processed unless you send a notification to Futu.
  • The notification is used to identify your deposit information. If you have not made a deposit at a bank, Futu will not automatically deduct funds from your bank account.

3.1 How to submit a notification to FUTU?

  1. Go to the Accounts tab

  2. Select Transfer > Deposit

Additional Notes:

  • For a successful deposit, it is important to notify Futu after initiating a bank transfer and select the correct currency, remitting bank, and deposit method when sending the notification.

  • If Futu does not receive your notification within 20 calendar days, your funds may be returned to the bank.

  • If you make multiple deposits, please send separate notifications for each deposit to Futu accordingly.

 

4. FAQ

4.1 Check deposit history

You can check your deposit status or history in deposit history page. 

PATH: Launch FUTU APP - Click [Trade] on the bottom - Click [Deposit] - Click [Deposit Record]

4.2 Arrival time of deposit

HKD Deposit

Deposit Time Estimated Available Time
Mon 8:00 AM - Fri 3:00 PM Within 2 hours
Other times Before next Mon 11:00 AM

CNH Deposit

Deposit Time Estimated Available Time
Trading day 8:00 AM - 4:00 PM Within 2 hours
Other times Before 11:00 AM next trading day

4.3 Bank fees

Most E-banking and SVF do not charge fees at this stage, but we do not guarantee that some institutions do, and we do not guarantee that different fee arrangements may apply thereafter. For further details, please consult the customer's remittance bank and beneficiary bank (ICBC Asia, BOC HK).

4.4 Other questions

  1. The reference arrival time for depositing HKD is only applicable if the recipient bank is ICBC (Asia) FPS ID: 7522014.

  2. The reference arrival time for depositing CNH is only applicable if the recipient bank is Bank of China (Hong Kong) FPS ID: 1166255.

  3. The amount in arrears returned before 15:55 on the trading day will stop calculating the interests on the same day. The amount in arrears returned at other times will stop calculating interests on the next trading day.

  4. Funds are transferred instantly to Futu's account via FPS after the customer's transfer. After manual approval, funds will arrive at the customer's Futu Securities account.

  5. The funds deposited before 15:55 on the trading day will appear in the statement on the same day. The funds deposited at other times will appear in the statement on the next trading day.

  6. The above estimated available time is for reference only. The actual available time may be affected by various factors, such as holidays, incorrect information, etc. Please refer to the actual available time.

Disclaimer

  1. The above guide screenshots are shared by users for reference only. If there is any discrepancy between the screenshots and the actual interface of the bank, please confirm with the bank regarding the filling of the content.

  2. FUTU HK may update the relevant content of this article in the help center from time to time without prior notice.

  3. FUTU HK will not be liable for any form of losses caused by this guide or content updates.