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Frequently Asked Questions
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| Management Control - Portfolio Daily Limits |
| Q: |
What are the maximum Portfolio
Daily Limits that can be applied to respective services? |
| A: |
The current maximum Portfolio Daily
Limits are as follows (although your company may have chosen a
smaller amount to apply):
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Unlimited for Fund Transfer to the same name
account within the same IBS Account |
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HKD100,000,000 (HKD One hundred Million) for Fund
Transfer between own Hang Seng accounts (this limit also
includes time deposits set up and gold trade.) |
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HKD20,000,000 (HKD Twenty Million) for Fund
Transfer to other accounts (Designated Beneficiary Accounts) |
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HKD2,000,000 (HKD Two Million) for
Fund Transfer to other accounts (Non-Designated Beneficiary
Accounts) |
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HKD3,000,000 (HKD Three Million) for
Autopay |
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HKD1,000,000 (HKD One Million) for Bill
Payments |
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| Q: |
If Related Companies are included
in a Business e-Banking portfolio, how will Portfolio Daily Limits
be applied? |
| A: |
The Portfolio Daily Limits shown online
are shared among all companies. |
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| Q: |
How can Portfolio Daily Limits be
increased? |
| A: |
Portfolio Daily Limits can be increased
upon company's request with resolution. Please click here to obtain the "Business e-Banking Services
Amendment/Termination Form". |
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