Settlement Procedure

(For Securities Listed in HKEX Only) 

Fund Deposit & Withdrawal

Deposit of Fund

1. send the payment to our settlement department; or

2. bank-in or transfer funds into our designated bank account. 

All bank-in notification must send to our settlement department by fax or by hand before 3:00 p.m. on settlement date, late notice received will be posted on next settlement day.

Settlement Bank Account 

T+2 

OCBC Wing Hang Bank           Account Number : 035-802-088226-001

T+1

Chong Hing Bank                     Account Number : 041-256-10-230600-3

HSBC                                          Account Number : 004-511-869638-001

Bank of China (Hong Kong)    Account Number : 012-349-000-17056

Withdrawal of Fund (For Custodian Account, Electronic Trading Account and Margin Account Only)

1. Collect cheque in person at our Head Office; or

2. Notify us to issue crossed cheque to deposit into your designated bank account.

Shares Deposit & Withdrawal

Deposit of Shares

1. Deposit physical Scrip; or

2. Transfer shares maintained with other broker / custodian to our account via Central Clearing and Settlement System (CCASS).

For physical scrip, transfer via SI or ISI, after acknowledge receipt by our Settlement Department and update of stock holdings, shares may be sell after 2 working days.

Meanwhile, physical scrip deposit will require verification of registration by the Central Clearing and Settlement System (CCASS). Normal processing will take 14 working days. Sales proceed can be withdrawn after completion of verification.

Withdrawal of Shares Available in the Account

1. Withdraw physical scrip ; or

2. Transfer shares to your account maintained with other broker /custodian via Central Clearing and Settlement System (CCASS).