How to Deposit via FPS

The Faster Payment System (FPS) is a fully connected interbank instant-payment system launched by the Hong Kong Monetary Authority on 30 September 2018. It offers instant interbank transfers and free transfers.*

Note: *Most banks and stored-value payment facilities do not currently levy a charge, but some institutions may, and different charging arrangements may apply in future.

 

1. Supported Currencies

Futu currently supports deposits in HKD and CNH via FPS.

2. How to Deposit via FPS

2.1 Obtain the Futu FPS ID

Path: Open Futubull App - Account - Transfer - Deposit - Select HKD/CNH - Select your bank account - FPS - Copy FPS ID

Note: The FPS IDs for HKD and CNH are different, please ensure you use the correct one..

Futu's FPS ID details are as follows:

	HKD	CNH
FPS ID	7522014	1166255
Receiving Bank	Industrial and Commercial Bank of China (Asia)	Bank of China (Hong Kong)
Receiving Account Name	FUTU SECURITIES INTERNATIONAL (HONG KONG) LIMITED	FUTU SECURITIES INTERNATIONAL (HONG KONG) LIMITED

 

2.2 Initiate the Transfer to Futu via Mobile/Online Banking App

Log in to mobile banking or online banking App, select the "FPS" function, enter Futu Securities' FPS ID and complete the transfer.

Note: The path for initiating an FPS transfer varies from bank to bank; follow the specific steps of your bank.

 

2.3 Return to Futu to Initiate the Deposit Notification

Depositing via FPS requires you to notify Futu of the deposit within the Futubull App.

Once the transfer is complete, return to the Futubull App and tap "Notify Futu". Check the details, enter the deposit amount, then submit.

Note:

1. To ensure a successful deposit, complete the bank transfer before notifying Futu to process it, and select the correct currency, remitting bank and deposit method to match your actual transfer.

2. If you do not notify Futu to check for the funds within 20 calendar days of completing the bank transfer, the funds may be returned by the bank.

3. If you deposit multiple sums, send a separate deposit notification for each; do not combine several bank remittances into one deposit notification.

 

3. Estimated Arrival Time

3.1 Depositing HKD

Deposit Currency	Deposit Notification Time	Estimated Arrival Time
HKD	Trading Day 08:00 – 16:00	Within 2 hours
	Other times	Before 11:00 on the next HK Stock Trading Day

 

3.2 Depositing CNH

Deposit Currency	Deposit Notification Time	Estimated Arrival Time
CNH	Trading Day 08:00 – 16:00	Within 2 hours
	Other times	Before 11:00 on the next HK Stock Trading Day

Note:

1. The estimated arrival time for HKD deposits above applies only when the receiving bank is Industrial and Commercial Bank of China (Asia), FPS ID: 7522014.

2. The estimated arrival time for CNH deposits above applies only when the receiving bank is Bank of China (Hong Kong), FPS ID: 1166255.

3. After you complete the transfer, the FPS system transfers the funds to Futu's receiving account instantly, but the funds can only be deposited into your Futu Securities account after manual approval.

4. The estimated arrival times above are for reference only. The actual arrival time may be affected by various circumstances, such as public holidays or special situations; the actual arrival time shall prevail. 

 

4. Charges

Futu does not levy any charges on deposits.

Most banks and stored-value payment facilities do not currently levy a charge, but some institutions may, and different charging arrangements may apply in future. For details, consult your paying bank and Futu's receiving banks (ICBC (Asia), BOCHK).

 

Notes

1. The name on the bank account used for the transfer must match the name on your Futu Securities account. You may not transfer from another person's bank account; any refund charges arising from doing so are borne by you.

2. Interbank back-office processing of a remittance takes time, so a bank notification of "remitted" does not mean Futu Securities has received the funds. Once the funds reach Futu Securities, they must be settled and approved, so please wait patiently for the funds to arrive.

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

4. If the content on this page is updated, Futu Securities (Hong Kong) will not notify you separately. Futu Securities (Hong Kong) shall not be liable for any loss of any kind arising from this guide or from content updates.

5. To safeguard 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). Where a deposit is rejected, the customer will be notified and the funds returned by the original route or by another method. Note that some special channels may deduct a refund charge from the remittance amount. Use a bank account that can currently be linked in the system to make deposits.