I. If deposit amount is over certain level, supporting document(s) should be provided and Call Verification should made before any fund deposit can be identified and credited to client's account. Please refer to Appendix for the acceptable supporting document(s).
Level | Fund Deposit Amount (HKD) | High Risk Client | Normal / Low Risk Client |
---|---|---|---|
1 |
0 - 200,000 |
Supporting document |
Supporting document |
2 |
> 200,000 to 500,000 |
Supporting document |
Supporting document |
3 |
> 500,000 |
Supporting document |
Supporting document |
II. CPY representatives may call you according to the deposit amount and risk level to verify the deposit details and confirm that the source of fund belongs to client’s own account. Please pay attention and response to calls from CPY representatives for the Phone Verification of the deposit details.
III. Administrative charges will charge to client if client cannot provide any supporting document/information to verify the fund deposit and requires CPY to ask for the transaction proof from the deposit bank.
Service charge | Charge |
---|---|
To provide relevant information about cheque deposit, transaction advise, etc. |
HKD100 (per fund deposit transaction) |
IV. CPY assigns designated email address for the receiving of supporting document/information. Please visit our company website http://www.cpy.com.hk/us/deposit_withdrawal.htm for details. Or please contact your Account Executives for the latest information.
Appendix: Acceptable supporting documents
Fund deposit method |
Supporting document required or bank –in slip (a copy or image) |
Additional Proof |
---|---|---|
1. Bank transfer |
||
Bank counter, ATM |
Bank Transaction Advise (i.e. the bank-in slip) |
Any proof that can show the name of depositor is the same as the CPY client name |
Online banking |
Payment confirmation or transaction record |
Any proof that can show the name of depositor is the same as the CPY client name |
2. Cheque |
||
Cheque (deposit from bank counter) |
Bank Transaction Advise (i.e. the bank-in slip) |
Any proof that can show the name of depositor is the same as the CPY client name |
Cheque (to Cheque drop box) |
image of cheque + the bank statement that contains the transaction of fund transfer to CPY |
|
Cheque (to Cheque deposit machine) |
Bank Transaction Advise (please select to print with cheque image) |
|
eCheque |
copy of eCheque |
|
3. FPS |
||
Online banking |
Device screen capture |
|
4. PPS |
||
ppshk.com** |
Payment confirmation or transaction record |
|
Phone PPS* |
N/A |
|
5. e-Bill payment of HSBC** |
Payment confirmation or transaction record |
Any proof that can show the name of depositor is the same as the CPY client name |
6. Cash deposit |
||
Bank account |
Bank Transaction Advise (I.e. the bank-in slip) |
|
CPY Headquarter / Branches |
Accept cash payment for CPY services fees only (Maximum HKD100) |
|
7. Phone banking |
N/A |
* We do not recommend fund deposit from Phone PPS as no supporting document is available.
** Fund deposit through ppshk.com and HSBC e-Bill payment will be executed and credited to client's CPY account instantly. Client is required to provide the supporting document/information about the fund deposit on the same day. If client failed to provide, CPY will reverse the fund deposit transaction.
Remarks:
1. If the name of the depositor can be shown clearly on the supporting document that can match with CPY client name, no further Phone Verification is required.
2. Third party deposit is not accepted. The name of deposit bank account must be the same as the CPY client account name.
3. If clients fail to provide supporting documents/information or the supporting documents/information provided is not accepted by CPY for any reason, CPY reserves the right to return the fund. You are liable to bear all bank charges and related risk, including but not limited to any forced liquidation actions taken by us, resulting from failure to timely deposit of fund so to meet the margin requirement. CPY is not responsible for all costs incurred by the customer as a result of the refund, bank interest, personal loss between client and the third party. Please note that the time necessary for crediting fund to clients' account(s) will take longer due to the verification of fund deposit.
Please refer to our company website to for deposit methods and details:
http://www.cpy.com.hk/us/deposit_withdrawal.htm