Deposit guide of Bank-Securities Transfer(HK Bank )

Tips:

1.The account name of bank used for payment must be the same as the account name of Futu Securities.
2.It takes time for the bank to process the remittance request, and the bank's notification of "remitted" does not indicate that Futu Securities has received the funds. The funds need to be settled and approved after arriving at Futu Securities. The bank and Futu Securities do not process remittance during public holidays in Hong Kong. Please allow the time for remittance processing.

3.Futu does not accept direct cash or e-wallet deposits.


The Bank-Securities transfer services of China Merchants Bank Hong Kong Branch and China Minsheng Bank Hong Kong Branch support USD and HKD. The operation guidelines are as follow:

1.What is Bank-Securities Transfer?

2.Advantages of Bank-Securities Transfer

3.How to open Bank-Securities Transfer Sevice?

4.How to deposit funds through the Bank-Securities Transfer method?

5.How to withdraw funds through the Bank-Securities Transfer method?

6.Estimated completion time

1. What is Bank-Securities Transfer?

Bank-Securities Transfer provides convenient fund transfer service between bank accounts and securities accounts. You can either transfer funds from the bank account directly to the Futu Securities account, or directly withdraw funds from Futu Securities account to the bank account.

2. Advantages of Bank-Securities Transfer

Safe: Futu Securities and China Merchants Bank, Hong Kong Branch set up a private network to ensure the safety of funds.

Free: All services are free, including opening bank-securities transfer function, depositing funds and withdrawing funds

Instant: It takes only 5 Minutes to set up and 5 Minutes to deposit. You can receive the funds on the same day that you submit the withdrawal request.

Convenient: The setup, deposit, and withdrawal services of Bank-Securities Transfer can be completed via China Merchants Bank HK Branch online banking services. No need to send additional notifications to Futu securities.

3. How to open Bank-Securities Transfer Sevice?

You can deposit or withdraw funds via bank-securities transfer service after the setup.

3.1 China Merchants Bank Hong Kong Branch

1) Apply for China Merchants Bank Hong Kong Card and activate it.

2) Log in to "Personal Banking Hong Kong Professional Edition", select "All-in-one Card - Bank Securities Transfer - Feature application and cancellation - Add".  "Broker Name" select Futu Securities, and enter your Futu NiuNiu number for "Securities HKD/USD A/C" , and finally submit the application.


3.2 China Minsheng Bank Hong Kong Branch

1) Activate the account in Online Banking or Mobile Banking.

2) Log in to Online Banking or Mobile Banking, select "Bank Securities Transfer - Linked Account Maintenance - Add Linked Account", select Futu Securities for "Merchant Name", enter your Futu NiuNiu number for "Linked Account", and finally submit the application.


4. How to deposit funds through the Bank-Securities Transfer method?

4.1 China Merchants Bank Hong Kong Branch

4.1.1 Log in to "Personal Banking Hong Kong Professional Edition", and select "All-in-one-card - Bank Securities Transfer - Transfer from All-in-one-card to Broker/Merchant Account"
4.1.2 Fill in the following information
Currency: select "HKD or USD"
Broker/merchant name: Futu Securities
Transfer amount: Enter the transfer amount


4.2 China Minsheng Bank Hong Kong Branch

4.2.1 Log in to Online Banking or Mobile Banking, select "Bank Securities Transfer - Transfer out/Transfer in - Transfer from Bank to Merchant"
4.2.2 Fill in the following information
Currency: select "HKD or USD"
Broker/merchant name: Futu Securities
Transfer amount: Enter the transfer amount

5. How to withdraw funds through the Bank-Securities Transfer method?

Confirm the withdrawal amount in the Futu account first, and then initiate a withdrawal application at the bank.
5.1 China Merchants Bank Hong Kong Branch
5.1.1 Log in to "Personal Banking Hong Kong Professional Edition", and select "All-in-one-card - Bank Securities Transfer - Transfer from Broker/Merchant Account to All-in-one-card"
5.1.2 Fill in the following information
Currency: select "HKD or USD"
Broker/merchant name: Futu Securities
Transfer amount: Enter the transfer amount

5.2 China Minsheng Bank Hong Kong Branch
5.2.1 Log in to Online Banking or Mobile Banking, select "Bank Securities Transfer - Transfer out/Transfer in - Transfer from Merchant to Bank"
5.2.2 Fill in the following information
Currency: select "HKD or USD"
Broker/merchant name: Futu Securities
Transfer amount: Enter the transfer amount

6. Estimated completion time

6.1 Estimated completion time of opening bank-securities transfer service

Application timeOpening time
Before 18:00 on Hong Kong trading dayWithin 5 minutes
Other periodsBefore 08:10 on the next trading day


6.2 Estimated time for the deposits in HKD
China Merchants Bank Hong Kong Branch

Completion time for depositsTime for funds deposited into Futu Securities account
Hong Kong trading day 08:00 - 18:55 (The single amount does not exceed HKD 10 million)Within 5 minutes
Hong Kong trading day 08:00 - 15:55 (The single amount exceeds HKD 10 million)Within 2 hours
Non-HK stock trading hoursBefore 08:10 on the next trading day

China Minsheng Bank Hong Kong Branch

Completion time for depositsTime for funds deposited into Futu Securities account
Hong Kong trading day 08:00 - 17:55 (The single amount does not exceed HKD 10 million)Within 5 minutes
Hong Kong trading day 08:00 - 15:55 (The single amount exceeds HKD 10 million)Within 2 hours
Non-HK stock trading hoursBefore 08:10 on the next trading day

Tips:

1. 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.
2. 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.


6.3 Estimated time for the deposit in USD

Completion time for depositsTime for funds deposited into Futu Securities account
Hong Kong trading day 09:00 - 15:55 (The single amount does not exceed USD 1.5 million)Within 5 minutes
Hong Kong trading day 09:00 - 15:55 (The single amount exceeds USD 1.5 million)Within 2 Hours
Non-HK stock trading hoursBefore 09:10 on the next trading day

Tips

1. The time mentioned above refers to Beijing time, and the trading day refers to the trading days of Hong Kong Stock Market.  

2. During 08:00 - 15:55 on the Hong Kong stock trading day, if the single deposit amount exceeds HKD 10 million / USD 1.5 million, mannual approval is required, thus it might take more time to process in this case.


6.4 Estimated completion time of funds withdrawal.

Withdrawal notification timeEstimated arrival timeEstimated available time
Hong Kong trading day 08:40 - 15:55Within 5 minutesAvailable immediately after funds arrive
Other periodsBefore 09:00 on the next trading dayAvailable immediately after funds arrive

Note: If it is not the first withdrawal, or the single amount exceeds HKD 2 million / USD 300,000 , manual approval is required, and it is expected to be completed before 16:00 on the trading day.