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How many types of transaction limits are there?
There are two types of transaction limits: Fund Transfers
limit and Payments limit.
Transferring Money:
For Fund Transfers, there are three types of limits:
self-account transfer limit (between your own accounts)
non-registered account transfer limit
registered account transfer limit
Making Payments:
For Making Payments, there are five individual types of
limit:
eIPO
Government and Utilities
Securities Brokers
Sports and Leisure
Other Merchants
What is the maximum amount for each type of Transaction
Limit?
Payments
You can make merchant payments of up to HKD$5,000,000
per day across all automated banking channels (i.e.
Internet Banking, Phonebanking and ATM). You can also
set sub-limits for each merchant category. The maximum
daily sub-limits for each merchant category are different
and you may refer to the below table for details.
Bill payment type |
Maximum daily sub- limit |
Applicable Channel(s) |
eIPO
(i.e. online payments for shares purchased as
part of an Initial Public Offering) |
HKD$5,000,000 |
Internet Banking |
Government
and Utilities |
HKD$500,000 |
Internet Banking, Phonebanking, and ATM |
Securities
Brokers |
HKD$500,0001 |
Internet Banking, Phonebanking, and ATM |
Sports
and Leisure |
HKD$500,000^ |
Internet Banking, Phonebanking, and ATM |
Other
Merchants (e.g. telecommunications, insurance
companies) |
HKD$100,000 |
Internet Banking, Phonebanking, and ATM |
1 Pre-set HKD0 for new customers.
^Pre-set HKD0 for new customers. You can also activate a service sub-limit for bill payments to merchants in the category of Sports & Leisure up to HKD50,000 via the betting terminal at The HK Jockey Club.
Fund Transfers
You can transfer funds to your own HSBC accounts, to
other HSBC accounts or to account with other bank, both
in Hong Kong and overseas via Internet Banking. The
maximum daily limits for transfers to self-named accounts
and registered accounts are as follows:
| Types
of transfers |
Maximum
daily sub-limit |
| Transfers
to self-named accounts |
HKD999,999,999
per customer* |
| Transfer
to registered accounts |
HKD3,000,000
per account |
* The maximum daily limit for transfers to your self-named HKD accounts is now the available balance in your HKD account.
For transfers to non-registered accounts, you can transfer up to HKD400,000 per day using all automated banking channels (i.e. Internet Banking, Phonebanking and local / overseas ATM). You can also set sub-limit for each automated banking channel up to HKD400,000 for Personal Internet Banking and local ATM, and HKD50,000 for phone banking and overseas ATM to suit your needs. Please note that for ATM service, any accounts not linked to your ATM card are considered to be non-registered accounts.
How can I change my daily transaction limits?
You can decrease your daily transaction limits via Internet Banking.
For security reasons, any limit increase
requests (subject to the maximums allowed) need to be
submitted to an HSBC branch in Hong Kong. For full details
go to 'My Details' and select the 'View and Set Transaction
Limits' option.
Please also note that the following limits will automatically reset to zero subject to respective inactive periods. To reactivate your suspended transfer or payment limits, please contact any HSBC branch.
| Limits |
Channel |
Inactive Period |
| Payment limits for securities brokers, sports and leisure |
ATM, Internet Banking and Phonebanking |
6 months (customers have not used the limits since establishment or after maintenance) OR
13 months (customers have not performed these types of transactions) |
| Transfer limit for non-registered accounts |
Internet Banking and Phonebanking |
| Transfer limit for non-registered accounts |
Internet Banking and Phonebanking |
6 months (customers have not logon to Personal Internet Banking and Phonebanking) |
If I have changed my local ATM non-registered accounts daily transfer sub-limit via local ATMs and Personal Internet Banking within the same day, what will be my limit?
Under this scenario, your change request submitted at local ATM will supersede your change request submitted via Personal Internet Banking, regardless of the request submission time of the day. For change requests submitted via local ATMs before 8:30pm from Monday to Friday, or before 5:30pm on Saturday (excluding public holidays), new limit will be effective on the next working day. Change requests submitted beyond the above processing hours will be effective within 2 working days.
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