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Guidelines for Withdrawal Methods of FTSE International Securities and Futures

Tips

(1) Apply for fund withdrawal. During the remittance process, there may be bank fees charged by Fuche International Securities and Futures. Please refer to the withdrawal method and bank fee standards for specific details;

(2) When applying for fund withdrawal, please verify the accuracy of your reserved receiving bank account information to avoid loss of handling fees due to withdrawal failure;

(3) If the amount of fund withdrawal is lower than the handling fee, the application may also fail;

(4) If the withdrawal amount exceeds HKD 1 million or RMB, FPS transfer is not supported and local interbank transfer is required for remittance;

(5) Withdrawals in Hong Kong dollars or Chinese yuan support FPS transfer and remittance, while withdrawals in US dollars only support local interbank transfer or international wire transfer.

Classification of withdrawal methods:

1. Investment Promotion Yonglong - Bank Securities Transfer (Recommended)

2. FPS - Fast Transfer (Recommended: Fast Receipt, Low Cost)

3. Local interbank transfer

4. International wire transfer

 

Cost and arrival time situation:

1. Investment Promotion Yonglong - Bank Securities Transfer (Recommended)

Time of Receipt: Instant Receipt

Bank handling fee: 0 Hong Kong dollars

Applicable to receiving banks that are China Merchants Yonglong Bank and have registered with the Fuzhou International Securities and Futures Account.

 

2. FPS - Fast Transfer (Recommended: Fast Receipt, Low Cost)

Time of arrival: same day of arrival

Bank handling fee: HKD 10 per remittance; RMB remittance, 10 yuan per transaction; USD remittance does not support FPS.

Applicable for remittances not exceeding HKD 1 million or RMB, with the receiving bank being a local bank in Hong Kong and capable of receiving fast remittances.

 

3. Local interbank transfer (low-cost)

Delivery time: 1-2 working days

Bank transaction fee: HKD/RMB remittance, HKD 25 per transaction; Remittance in US dollars, with each transaction amounting to 55 Hong Kong dollars. The bank's fee schedule may change, please refer to the latest fee schedule of the bank for details.

Applicable to remittances made by local banks in Hong Kong, applicable to remittances exceeding HKD 1 million or RMB.

 

4. International wire transfer (slow arrival, with fees)

Delivery time: 1-5 working days

Bank transaction fee: Telegraphic transfer fee of HKD 105 (or equivalent in US dollars)+agent bank fee of HKD 160 (or equivalent in US dollars). The specific fees and arrival time are subject to the bank's processing; The bank's fee schedule may change, please refer to the latest fee schedule of the bank for details.

Suitable for receiving payments from banks outside of Hong Kong, such as Bank of America.

 

Reminder: Withdrawing Hong Kong dollars to a US account (if applicable) may result in currency exchange rate losses if the receiving bank requires USD entry processing. Please refer to the bank's processing results for specific fees.