The cut-off time for CHATS or TT is 5:00pm from Monday to Friday. Application submitted after the cut-off time will be processed on the following business day.

No, there is no CHATS service on Saturday after implementation of the 5-Day Clearing in HK.

Yes, USD can be paid via CHATS on US holiday while HK is business day.

The bank charges are:

TT (Via braches):	HKD100 (handling charge) + HKD100 (cable charges)
TT (Via IDEALTM):	HKD100 (cable charges)
CHATS (Via braches):	HKD160
CHATS (Via IDEALTM):	HKD50

Yes, an additional charge of HKD150 will be collected.

The correspondent bank charges are as follows:

USD	HKD150
EUR / GBP	HKD400
HKD & other currencies	HKD200

Yes, but the customer must provide payment details, e.g. Pay for export, Income from working in abroad, Money for loan, Money for investment, etc.

No, since exchange control is in place in Malaysia.

RMB Corporate Customer can perform Outward Remittance (CHATS / TT) in RMB. However, for Outward TT, the Mainland Authorities and banks are responsible for verifying whether transactions are in compliance with the relevant Mainland requirements.

IBAN stands for International Bank of Account Number. It consists of a two letter country code, followed by two check digits, and up to thirty alphanumeric characters for the domestic bank account number for the beneficiary. It is required for EUR payments to banks domiciled in the European Union/European Economic Area.

If the application is submitted before the cut-off time from Monday to Friday, the beneficiary will normally receive the funds within 2 business days.

Please 1) provide the bank receipt to the beneficary for checking; 2) request the beneficiary to check for similar amount of funds received since the beneficiary's bank may deduct their bank charge from the amount before crediting; or 3) request the beneficiary to phone the beneficiary's bank to check the incoming funds. If the beneficiay still claim non-receipt of payment after a week, please inform us accordingly for sending an inquiry message to the beneficiary's bank to check the status on your behalf. The handling charge for the inquiry is HKD300 (including HKD200 for handling charge and HKD100 for cable fee).

For CHATS, it is 6:00pm from Monday to Friday. As for TT, it is 5:00pm from Monday to Friday. It is subject to the value in payment message and the payment schedule of the bank.

The bank charges are
TT: HKD50
CHATS: HKD10

Inward remittance can be made in RMB to RMB Corporate Account and it is restricted to the following:
(a) For inward CHATS, the beneficiary should be a RMB Corporate Account; or
(b) For inward TT, the Mainland Authorities and banks are responsible for verifying whether transactions are in compliance with the relevant Mainland requirements.

Please refer to the List of Correspondent Banks for Inward Telegraphic Transfers.

It will usually be credited on the same day of receipt, unless the payment details (e.g. account number, account name) are unclear or incorrect.

In practice, the TT will be credited to the beneficiary's account after receipt of the funds from the remitting bank is confirmed and any necessary checking is completed.