A Reference Letter would be from your current bank stating what your relationship with them has been such as you have banked with them for 10 years and are not a risky client.
No amendment allowed on the IRD. You may want to take advantage of this benefit. ATMS are an excellent way of getting cash, but you should check with your home bank to see what charges they will levy for using an overseas ATM.
It is fine to fax your card and signature to legitimate companies to get services paid for over the phone. It takes time for cheques of any sort to clear. Please note that all the fees quoted here can change at any time, so be sure to find out from the bank what their fees will be.
Travellers cheques may take time to exchange as well.
When a cheque that you have deposited into your account is returned unpaid, you will receive an Image Return Document IRD instead of the cheque. Try your ATM card there.
If the cheque is not crossed, it can be cashed at the branch where the account was set up which will be shown at the top of the check. Withdraw what you think you will need so you get the best rate and only have to pay the service fee once.
Citibank offers phone banking and internet banking. Banks will provide good exchange rates, but will usually charge you a changing fee often fixed, not a percent of your exchange if you are not a customer.
This is your best bet. Closing a Bank Account In order to close a bank account you simply need to return all cards associated with the account, all cheque books, and all pass books. IRD must be presented back to the same bank.
The amount credited will be net of agent charges, postage, commissions and any other fees where applicable. Most machines support visa, plus system, cirrus, globalaccess, and a few others. Ask about the charges you can expect to pay on your account or for services you will use regularly.
Exchange Money For the most favorable rates, it depends on your situation. If you bring a US dollar cheque it will take a few weeks to clear and there will be a charge attached. It usually takes about two days for a T.
Do not write your pin number on your debit card or in your wallet. You will have to place instructions with your current bank to transfer the money to this new account in Hong Kong.
For on-line bank accounts, do not keep the password in your wallet or in any visible place. However, some people complain that there are a lot of bank charges. You can go to any branch to set up your account. If you bring US dollars and change it into HK dollars, you will receive the bank exchange rate.
Please click here for a guide to handling the IRD. When you apply for an account, tell the person helping you what your needs are so they can help you find an account that will suit you best. I was told by an employee that the bank is flexible with new accounts and you can actually open an account with nothing in it, and then quickly have money sent by a wire transfer to your account.Enjoy the added security and convenience with e-Cheque.
Cash Instalment / Cash Credit Plan Spending Instalment Plan Red Hot Rewards OVERDRAFTS. Explore Overdrafts Secured Credit HSBC Premier Clean Credit Can be used to make Hong Kong Dollar, US Dollar and Renminbi payments.
Feb 20, · Being a German, I thought cheques are something people used in the 80's, but rumour has it that it is still a common form of payment in HK. Can anyone of you provide any intelligence regarding the following questions: 1. Will HSBC accept a cheque of a. How to Write a Check for Cash and How to Cash It.
For example, if you want to move $50 from your checking to your savings account, you can write a check to cash to withdraw the desired amount. Making a check payable to cash is also an option if you don’t know the full or exact name of the payee; he or she can still deposit the check this.
Cashing a cheque at HSBC without a bank account (mint-body.comng) submitted 4 years ago by [deleted] I need to cash a cheque from a company I did freelance work for.
Oct 19, · Hong Kong and Macau - OT: How to write a cheque (in Hong Kong) - If or if not you have noticed, there is "HK Dollar" predeeding to where you. Writing a chequeis a little different in Hong Kong.
If you are writing a cheque to just one person, you must put two lines across the upper left hand corner or two short.Download