eDDA (Electronic Direct Debit Authorization) Deposit is a fast deposit method based on "HK FPS". By authorizing bank account, customers can initiate a deposit in FUTU APP instead of dealing with complex bank transfer. Funds can be transferred from your bank account into your FUTU account according to your deposit instruction.
Notes:
1. FPS refers to 'Hong Kong Faster Payment System', which is an online payment platform launched by the Hong Kong Monetary Authority.
2. Supported currency of eDDA: HKD only
● Instant: Funds will be credited within 5 minutes after initiating the deposit instruction.
● Free: eDDA authorization and deposit service are free of charge.
● Convenient: Customers only need to initiate the deposit instruction on FUTU APP instead of dealing with complicated bank transfer, and there is no need for customers to upload the transfer voucher for verification.
Login CMB Wing Lung Bank APP, find [Main menu] - [All] - [Transfer - Autopay Registration] - [Manual input the payee account]
Fill in the following information to set up eDDA
Bank | 024:Hang Seng Bank Ltd. |
Account Number. | 239772973001 |
Account Name | FUTU SEC INTL HKLTD |
Debtor's Reference No. | Please input your FUTU ID Number |
Payer account | Please select your HKD bank account |
Payment Limit | According to your requirement, recommend [No Limit] |
Instruction Expiry Date | According to your requirement, recommend [Until Further Notice] |
Currency | HKD |
Login CMB Wing Lung Bank Website, find [Banking Services] - [e-Direct Debit Authorization] - [Setup], fill in the form with the following information.
Deposit A/C | Other Deposit A/C |
Bank Code & Name | 024:Hang Seng Bank Ltd. |
A/C No. | 239772973001 |
A/C Name | FUTU SEC INTL HKLTD |
Debtor Reference | Please input your FUTU ID Number |
Payment Limit | According to your requirement, recommend [Unlimit] |
Currency | HKD |
Withdrawal A/C | Please select your HKD bank account |
Expiry Date | According to your requirement, recommend [Until Further Notice] |
Generally, it takes 1-2 days for bank to verify your application after you submit the authorization request to your bank. FUTU will notify you once your eDDA authorization has approved.
After authorized, you can initiate a deposit in FUTU APP.
● PATH:Launch FUTU APP - Click [Trade] on the bottom - Click [Deposit] - Select HKD Deposit - Enter the amount you need to deposit - Click [Deposit] to submit your deposit request.
Deposit Time | Credited Time |
HK Stock Trading Day (Mon 08:00 - Fri 23:59) | Within 5 Minutes |
Other Time | Before 08:10 of next HK Stock Trading day |
Deposit Time | Credited Time |
HK Stock Trading Day (Mon 08:00 - Fri 16:00) | Within 2 Hours |
Other Time | Before 10:00 of next HK Stock Trading day |
*If the Hong Kong stock market is closed, the credited time will be postponed.
Notes:
1. If you have a arrears in your FUTU account, the deposit amount returned before 15:55 on the trading day will stop calculating the interests on the same day. The deposit amount returned at other time will stop calculating interests on the next trading day.
2. Deposit credited before 15:55 on the trading day will record in the statement on the same day. Deposit credited at other times will appear in the statement on the next trading day.
Free of charge
Disclaimer
1. Samples above are collected from Internet and for reference only. Please refer to your own bank information.
2. FUTU is not responsible for any losses incurred cause by this guidance.