Settlement - Fund Deposit / Withdrawal

Fund Deposit / Withdrawal

To protect your interests and ensure your funds is deposited or withdrawn successfully, please kindly note that we do not accept third party deposits and withdrawals. Cash deposits and withdrawals are also not acceptable. Clients should transfer funds through their own bank accounts or use cheque deposit. If there is third party deposit, we reserve the rights to reject the deposit and return the funds to the transferor. The related bank charges will be deducted. Clients are liable to related risk of delayed transaction or settlement of funds transfer via third party accounts.

1. Fund Deposit

Bank Transfer Service and Faster System (FPS)

If the deposit is made through E-banking, Bank Counter, ATM, Cheque or FPS, please submit the deposit instruction on Xet International app, iTrade or TDX, or you can inform your designated Account Executive / Salesperson for acknowledgement. You should also provide the proof of deposit such as online transaction record screenshot, bank pay-in slip, cheque copy or statement that clearly displays your full name, beneficiary bank account number and deposit details. We hope you understand that the time required for funds deposit will be potentially lengthened if relevant deposit proof is not provided in a timely manner in order to ensure correct deposit.

You may deposit funds into the following bank accounts or FPS Identifier of CITIC Securities Brokerage (HK) Limited [for Securities Account] or CITIC Securities Futures (HK) Limited [for Futures Account] directly:

eDDA Electronic Direct Debit Authorization (For Securities account and HKD deposit only）

eDDA is a value-added service of FPS launched by the Hong Kong Monetary Authority. It supports clients to authorize banks to transfer funds from designated bank accounts to our company according to the instructions issued by CITIC Securities Brokerage Hong Kong (hereinafter referred to "the company").

After successful authorization, you can directly initiate an electronic direct debit instruction (eDDI) via our mobile app XeT International, online trading platform iTrade or mobile app (general version). We will send the instruction to the bank on your behalf. After successful fund transfer from the bank to the company, the money will be deposited into your securities account immediately allowing you to enjoy the speedy deposit service.

Details： https://www.citics.com.hk/en/customer-service-other.php?id=2030

Reminders

 ￭Completing the deposit to our company at the bank does not mean that the deposit is immediately effective and available. After successfully receiving the client's deposit instructions, our company will confirm with the bank that the relevant funds have been credited successfully. Once verified, we will arrange to transfer the funds into the client's account after the cutoff time.

 ￭ The eDDA electronic direct debit service is currently not applicable for futures accounts. If you need to deposit funds into a futures account, please transfer the funds to the corresponding currency bank account of CITIC Securities Futures (Hong Kong) Co., Ltd. via bank transfer. After completing the transfer, please notify your Account Executive / Salesperson for confirmation and provide clear proof of transfer showing your full name, beneficiary bank account number, and transaction details.

 ￭Except for the eDDA electronic direct debit service, our company’s deposit cutoff time is 5:00 p.m. on each business day. Deposit instructions submitted after 5:00 p.m. will be processed on the next business day.

 ￭ Since public holidays in Hong Kong are not banking days, if clients need to arrange funds for global stock and futures trading or margin requirement during the holiday, please arrange in advance on banking day and before our company's cut-off time. Any deposit transferred to our bank account and instructions submitted on non-banking days will only be processed on the next banking day.

2. Fund Withdrawal

Bank Transfer Services:

You can submit the withdrawal instruction on Xet International app, iTrade or TDX, or you can inform your designated Account Executive / Salesperson to transfer the fund your pre-registered Hong Kong bank account via bank transfer services. You can register the Hong Kong bank account through eDDA Electronic Direct Debit Authorization.

If you need to register a Hong Kong bank account that is either a foreign currency account or not supported by the eDDA electronic direct debit service, you can download the Client Standing Settlement Bank Account form on General Form of CSB website. After signing the form, please submit it along with the bank account proof to your Account Executive / Salesperson for registration.

The cut-off time and service details of bank transfer are shown as below:

Note I：

 ￭ Limit to HKD transfer only. Please contact your Account Executive/ Salesperson for the withdrawal of foreign currency.

 ￭ “Other Banks” means Auto-Pay participants of Hong Kong Inter-Bank Clearing system.

 ￭ For “Other Banks” transfer services, funds will be debited from securities account one business day prior to the deposit date.

Cheque Withdrawal

you could also withdraw funds to your Hong Kong bank account by cheque.

The cut-off time and service details of cheque withdrawal are shown as below:

You need to confirm with the receiving bank that it can accept the remittance from our company, as well as obtain the necessary wire transfer and intermediary bank information. Generally, this must include but is not limited to the following details:

 ￭ beneficiary bank account name in English (the name and format must match our company's client records)

 ￭  beneficiary bank account number

 ￭ Remittance amount (please specify the currency)

 ￭ Beneficiary bank name (please fill in English)

 ￭  Beneficiary bank address (please fill in English)

 ￭ SWIFT CODE or relevant wire transfer information

After confirmation, please complete 【CLIENT INSTRUCTION FORM】【Sample】, with above information and submit to your Account Executive / Salesperson for processing.

Please note that the successful receipt of the remittance depends on the receiving bank. Be sure to double confirm with the receiving bank again whether it can accept funds remitted from our company (as a Hong Kong Securities Broker Company) before submitting the remittance instructions. If the receiving bank ultimately rejects and returns the remittance, the relevant bank will charge the refund handling fee from the remittance. Clients are liable to related risks of transaction delays or settlement arising from this.