How to Deposit via eDDA

The eDDA Deposit is a fast transfer method introduced by the Hong Kong Monetary Authority. Once you complete the eDDA bank account authorisation, you can initiate a deposit in the Futubull App. The funds are directly debited from your bank account and credited to your Futu account.

 

1. Supported Currencies

Futu currently supports eDDA Deposit in HKD only.

2. How to Deposit via eDDA

Before using the eDDA Deposit, you must first authorise your bank account. You can deposit funds to Futu via eDDA only after the authorisation takes effect.

 

2.1 Initiate Bank Account Authorisation

You can initiate the bank account authorisation either in the Futubull App or through mobile/online banking app:

• The following banks support authorisation in the Futubull App:

HSBC, Bank of China (Hong Kong) (BOCHK), China Merchants Bank (Hong Kong) (CMBHK), Hang Seng Bank, Standard Chartered Bank, Industrial and Commercial Bank of China (Asia) (ICBC (Asia)), China Construction Bank (Asia), CMB Wing Lung Bank, China CITIC Bank International, Nanyang Commercial Bank, Fusion Bank, EleBank, ZA Bank, Chiyu Banking Corporation, Livi Bank, Dah Sing Bank

• The following banks support authorisation through mobile/online banking:

Citibank, Bank of East Asia, OCBC Wing Hang Bank, Bank of Communications (Hong Kong)

 

2.1.1 Initiate Authorisation in the Futubull App

If your bank supports authorisation in the Futubull App, follow this path:

Path: Futubull App - Account - Any account - Transfer - Bank account - Select bank account - Authorise eDDA - Authorise Now - Check details - Confirm

The authorisation is expected to take effect in real time.

Note: Queuing may occur when a large number of authorisations are being processed, or when you re-authorise after an authorisation error.

 

2.1.2 Initiate Authorisation through Mobile/Online Banking App

Citibank, Bank of East Asia, Bank of Communications (Hong Kong) and OCBC Wing Hang Bank do not yet support authorisation in the Futubull App. You can initiate authorisation through mobile/online banking as follows:

Step 1: Check the required authorisation details in Futu (see the table below).

Item	Details
Beneficiary Bank	024 Hang Seng Bank Limited
Beneficiary Bank Branch Code	239
Beneficiary Account Number	239772973001 (If the bank requires the branch code to be entered separately, please omit "239" when entering the account number)
Beneficiary Account Name	FUTU SEC INTL HK LTD
Payer Reference	Please enter your Futubull ID / moomoo ID
Payment Account	Select your corresponding Futu Securities account, and ensure the account has sufficient balance
Payment Limit	Set according to your needs; "No limit" is recommended
Instruction Expiry Date	Set according to your needs; "Until Further Notice" is recommended

Step 2: Initiate the authorisation through mobile/online banking app.

Go to your mobile/online banking app to initiate the eDDA authorisation. The authorisation is expected to take effect within 1–2 bank business days.

Note: The path for initiating an eDDA authorisation varies between banks; follow the steps of your bank. For Citibank, for example, refer to the Citibank official guide to set up the authorisation.

 

2.2 Initiate a Deposit Instruction

Once the eDDA bank account authorisation takes effect, you can initiate a deposit.

Path: Futubull App - Accounts - Transfers - Deposit - Select HKD - Select the bank account - eDDA Instant Deposit

 

3. Estimated Arrival Time

After you initiate an eDDA deposit instruction, the funds are expected to be credited within 5 minutes.

Note: The estimated arrival time is for reference only. The actual arrival time may be affected by various circumstances and is subject to the actual arrival time.

 

4. Charges for Authorisation/Deposit

No charge applies to applying for an eDDA bank account authorisation or making a deposit via eDDA Instant Deposit.

Note: Ensure your bank account has sufficient balance before initiating a deposit. Otherwise, the transfer may fail, and some banks may impose bank charges or even cancel the eDDA authorisation.

 

5. How to Cancel an Authorisation

To cancel an eDDA authorisation, please contact your debiting bank. Cancellation in the Futubull App is not yet supported.

 

Notes

1. The bank account used for the transfer must be in the same name as your Futu Securities account. You may not transfer from another person's bank account; otherwise, any refund charges incurred are borne by you.

2. Ensure your bank account has sufficient balance before initiating a deposit via eDDA. Otherwise, the transfer may fail, and some banks may impose bank charges or even cancel the eDDA authorisation.

3. The above screenshots are shared by users and are for reference only. If a screenshot differs from the actual interface, the actual interface prevails; confirm the details to be entered with your bank.

4. Futu Securities (Hong Kong) will not notify you separately of any updates to the content of this page. Futu Securities (Hong Kong) accepts no liability for any loss of any kind arising from this guide or from any update to its content.

5. To protect the security of your funds and for other compliance reasons, Futu may reject deposits from certain special channels (including third-party payment service providers, overseas banks and money changers). If a deposit is rejected, the customer will be notified and the funds returned via the original route or by another method. Note that some special channels may deduct refund charges from the remittance amount. Please use a bank account that the current system can bind for deposits.