Termination of Deposit to CPY Standard Chartered Bank Account (effective from 1 Nov, 2021)
17 Sep 2021
With effective from 1 Nov 2021, the Standard Chartered Bank account of CPY will be terminated. The changes are as following:

1. Deposit to CPY :
With effective from 1 Nov 2021, CPY will not receive any Local Deposit, Remittance (for Oversea Customers) and FPS transfer to CPY's Standard Chartered Bank account. CPY’s Standard Chartered Bank account will be closed. Clients can deposit fund to CPY's HSBC, Hang Seng Bank and Bank of China accounts.

2. Withdrawal from CPY :
With effective from 1 Nov 2021, clients can still withdraw fund from CPY to their Standard Chartered Bank accounts. However, the withdrawal fund will be issued by Cheque and bank-in to clients' Standard Charter Bank accounts. Same-Day Deposit Service to clients' registered Standard Chartered Bank accounts will be terminated.

The fund deposit/withdrawal services of other banks will be remained unchanged.

Please refer to our website
https://www.cpy.com.hk/us/deposit_withdrawal.htm for details of fund deposit/withdrawal arrangement.
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