Hong Kong Zhong An Bank Co., Ltd., an all digital bank founded by Zhong An International, was licensed by the Hong Kong Monetary Authority on March 27, 2019, becoming the first all digital bank in Hong Kong. The bank mainly provides banking services through online channels, and is a member of the Hong Kong Deposit Guarantee Scheme. Joint venture deposits are protected by the scheme, with a maximum protection amount of HK $500000 per depositor. Zhong'an Bank implements the same full set of regulatory standards as traditional banks to meet international bank governance standards. On March 24, 2020, Zhong'an Bank Co., Ltd. officially opened as a member of Hong Kong Virtual Bank. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
After opening an account in Zhong'an Bank, the first thing to do is to deposit the money into your account in Zhong'an Bank, so that you can fully enjoy the banking services provided by Zhong'an Bank! The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
This article will introduce in detail the methods and related processes of depositing funds into Zhong'an Bank account through local transfer and inward remittance from the mainland. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Tips: No matter which method is used to deposit money into Zhong'an Bank, Zhong'an Bank will not charge any fees for the deposit! The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Remittance from mainland to Zhong'an Bank
Methods and processes The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
If you want to deposit money from the mainland into the bank account of Zhong'an Bank, you can remit the money to your bank account of Zhong'an Bank by means of cross-border remittance through telegraphic transfer. The process is divided into two steps: 1 Converting RMB into Hong Kong dollars or US dollars; 2. Transfer the converted Hong Kong dollars or US dollars into the account of Zhong'an Bank through cross-border remittance service. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
It is worth noting that the process of remitting money from the mainland to Zhong'an Bank is also subject to the foreign exchange control regulations. Therefore, we recommend users to use reliable channels for remittance to avoid falling into the law. The next process introduction will also use mobile apps of mainland banks as a demonstration. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Most mobile apps of mainland banks can complete the two steps of currency exchange and cross-border remittance, and the operation process is similar. The following is a rough remittance process for reference: The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Step 1 The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Currency Exchange The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
On your mainland bank app The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Select "foreign exchange purchase" or "foreign exchange settlement and sales" function The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
After reading and agreeing the application for foreign exchange purchase The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Fill in the foreign exchange purchase information, which generally includes currency The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Amount and purpose and choose cash exchange or cash The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Purchase foreign exchange. Click Confirm to complete the foreign exchange purchase. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
*Tips: The purpose of foreign exchange purchase entered here should be consistent with the remittance purpose entered in the next step. For example, if "private travel" is filled in here, it is also recommended to fill in "private travel" later. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Step 2 The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Cross border remittance The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
After the money to be purchased is received, cross-border remittance can be made in the App. The following is a rough process for reference: The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
On your mainland bank app, select The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
"Cross border remittance", "transfer remittance" The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Or "cross-border finance" function The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Fill in the payee information, and fill in the relevant information of Zhong'an Bank here. Please fill in English and the name of the payee in block letters. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
You can also copy and paste your payee's name directly on the Zhong'an Bank App. The rest can refer to the following data: The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Payee information The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Name of beneficiary bank: ZA Bank Limited The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Bank No.: 387 The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Branch No.: 747 The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
SWIFT code: AABLHKHH The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Beneficiary's bank address: Core F, Cyberport 3, 100 Cyberport Road, Hong Kong The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Beneficiary's account number: your account number of Zhong'an Bank, starting with the number 8 The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
How to find and copy The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Your account number of Zhong'an Bank? The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
To query the account number, enter the Zhong'an Bank App, click the avatar on the top left corner of the home page, and you can find and copy the account number under the "My Account" column. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Tip: No matter which currency you choose for remittance, you only need to enter the same account number of Zhong'an Bank. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
When cross-border remittance is made The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
What should I do if I am asked to fill in the correspondent bank information? The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Some mainland banks may need an intermediary bank to transfer money to Zhong'an Bank when making cross-border remittance, so they will be required to fill in the correspondent bank information, as follows: The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Correspondent bank information (not required) The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Bank name: Citibank N.A. Hong Kong The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Bank No.: 006 The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Branch No.: 391 The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
SWIFT code: CITIHKHXXXX The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Bank address: Citibank Tower, Citibank Plaza, 3 Garden Road, Central, Hong Kong The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
After filling in the payee information, enter the remittance currency, remittance amount, remitter, remittance purpose and other information, and indicate which party should bear the remittance service fee. (The service charge is charged by the remitting bank or the agent bank, and Zhong'an Bank will not charge any fee for the inward remittance) The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
That's it! Generally speaking, it takes several hours to one working day to process the remittance, but the actual time required depends on individual circumstances. After completion, the funds will be directly deposited into your Zhong'an Bank account. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Method of deposit by local transfer
If you want to transfer the money to Zhong'an Bank through the Hong Kong bank account, you can handle it through the following three ways: The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
1. Fast revolution FPS The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
2. Easy to pay (eDDA, a fast value-added service) The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
3. Local transfer and deposit in USD The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
Both fast transfer and easy money in support of Hong Kong dollar and RMB transfer, and real-time transfer is available 24 hours a day, and the fee is free. The article originates from the fallen fish- https://www.duoluodeyu.com/2735.html
