# New payroll client is required to start using the auto-payroll services successfully with the Bank within 2 months from Priority Banking sign-up. When entering the information in such fields, the AutoComplete" function would suggest the corresponding data matched from the information being stored for the fields of website address, search engine, stock quotation, name of folder or application, or the information filled in other websites previously. Then, the Branch will send the Password Letter of Internet Banking to the clients' correspondence address via registered mail. 0000013094 00000 n UWCCB would be the surviving company while CCB would be dissolved in the merger. ACH transactions consist of direct deposits and direct payments, includingbusiness-to-business (B2B) transactions, government transactions, and consumer transactions. DO NOT allow anyone to use your password. 0000007364 00000 n Since Taiwan's entry to the World Trade Organization (WTO), we have faced intense competition from multinational financial conglomerates. External transfers can be used to send money to a friend or family memberfor example, to settle a shared expense, or to send money for a birthday or a holiday. 0000056481 00000 n As long as your external account is linked up for transfers, you can make deposits or withdrawals with that external account. hb``Pf``me```jb@L@q@IIPTYV7=`k`a1aCF >%F9 7$30V(`:xUGAt V]:p4>K\+ s8 Customers only need to fill out necessary documents for the transactions and fax them to the Bank within the specified time (9:00 to 15:30). NMLSR ID 464182. - $50,000 per day on Citi Mobile. 6"K i,j4N r"~=R)H >z6A]|6jSGqH];mC-"^Ouw_ox]. Started the external transfer from my regular bank account on 3/14/20 and the money entered the cit bank account on 3/17/20 but was not available. Please check if there is any anomaly on the login page and when you are logging into the website. Since these acquisitions and mergers, Cathay United Bank has continued to expand its local branch offices in Taiwan, becoming a private bank with the largest number (165) of branches. # Terms and Conditions apply. Manage your fund transfer conveniently and promptly with our remittance services covering a wide range of currencies. 3. Earn 388,000 Miles by setting up a 12-month Asia Miles Time Deposit with HKD1,000,000 new funds, Earn a maximum of 55,200 Asia Miles annually with designated banking products, From 20 April 2023 to 19 June 2023, by spending HKD10,000 or more in eligible transactions with your Standard Chartered Cathay Mastercard to enjoy extra 2,500 miles (Click herefor terms and conditions). Otherwise, the password will be expired. After a one-time setup process, you can easily transfer between Salem Five and your other accounts within Online Banking. You should be cautious, as it could be a scam. %%EOF Please refer to the, The validity period of Digital Certificate is one year. The Bank will not ask customers to log in internet Banking and to enter account or personal information, including user name and password. Cardholders are entitled to the above stated annual fee waiver so long as Cardholders meet the above stated criteria in the annual fee billing month. (If you receive your paycheck via direct deposit, for example, this is a form of recurring external transfer from your employers financial institution to your account.) If you have any specific questions regarding your tax residency, please contact your professional tax adviser. Therefore, to ensure the information of the customer account is secured, please disable the AutoComplete function of the internet browser so that the computer does not automatically fills in the information when entering the User Name. the contents of or omissions from this video, including any express or implied representations, statements or conclusions; the provision to, or use by, any person of this video or any part of it; the preparation of the information contained in this video; any person relying on, disclosing or using any information or statement contained in or connected with this video. In 1978, in fact, the U.S. government passed the Electronic Fund Transfer Act (EFTA). Wire Transfer Limits - We reserve the right to impose a limit on the dollar amount of each wire transfer and/or the total number of wire transfers that may be requested. Asia Miles are credited to your registered Cathay membership account automatically within 3 months upon Asia Miles Time Deposit setup. This law put in place consumer protections around specific types of electronic transfers of money. ACH transfers are a little different from standard EFT transfers. 0000049534 00000 n Electronic Fund Transfer Act,", National Automated Clearing House Association. Want to enjoy more with more premium travel, lifestyle and banking privileges beyond Miles? For details of the applicable annual fee, please refer to the Credit Card Key Facts Statement. Society for Worldwide Interbank Financial Telecommunication, ACH Network Sees 29.1 Billion Payments in 2021, Led by Major Gains in B2B and Same Day ACH. HKEB: Please refill in the Application Form for HKEB, select reset User name or User password and sign up, then provide the Application Form to the Branch. in any email sent to us via this link. This will show all incoming and outgoing transfer limits. Wire transfer limits : To view your limits, start a wire transfer by selecting the from account and Save. ACH transfers count towards the six-withdrawal limit on savings accounts. Cardholders with card issued on or after 1 July 2022 can enjoy Four Cathay Pacific Business class lounge passes per credit card membership year*; and 1) Priority check-in at Premium Economy class counters 2) Enjoy the same priority boarding line for Premium Economy class passengers. External transfers are a fundamental part of the modern banking system, allowing individuals and corporations to move money easily between accounts. When applying for Internet Banking services, the customer is required to set up his/her own User Name. If you use the web browser on your mobile device to log in the CUBHK's E-Banking, please pay attention to the following matters: Notice: If you commit fraud or any losses incurred due to gross negligence or failure to comply with the above security measures, you shall bear all losses. The Bank does not send any email with hyperlink or barcode to customers. The Branch accepts transactions via fax. Please use the genuine and licensed edition of operating system and software. We use technologies, such as cookies, that gather information on our website. 0000056444 00000 n External Transfer Limits The following limits apply for any external checking or savings account linked in Online Banking: $250,000 per transaction $250,000 per account per day $250,000 per month Cancel a Recurring Funds Transfer You can cancel recurring transfers that you've set up in online banking at any time. ACH Transfers: What Are They and How Do They Work? Double click the security lock icon on the banner of the internet browser to verify the website whether it is the official website of CUBHK's, and check the security certificate for more information about the authentication and security measures of the certificate. Several different types of external transfer are covered by the EFTA: Wire transfers are another type of EFT payment that moves money quickly between financial institutions around the globe. The transfer is aptly named as funds are being transferred outside of the bank currently holding the funds. xref Cathay United Bank reminds you: The bank routing number of the account to which you want to send money. Both UWCCB and CCB have been merged in compliance with the Financial Institution Merger Act and other relevant laws. Investment involves risks. HlTjT1}?_pO@*J++sXkoyvXg5mw}{7m@bM%_6`|aOQqy}_%j~>L.gGqRq A9I8,O(qD(PukCq)"K) {('Z. Please check and verify your transaction records timely. 'Q,[ Hs R2GEF8%]lQ)PmT"O>c6r %`v3AYPm k2!s>9l}s\OWN`U~_*36fiEM8>}LMLS 4>4t,+^%D:&%$a^|~|nY@z\8h9y^ Ut@epO_bcfm 7 Therefore, the Cardholders can earn up to a total of 4,000 Asia Miles, equivalent to HKD2 = 1 Asia Mile. Only clients who have Digital Certificate of GMB can do non-designated account funds transfer and remittance. Information collected will be sent to an unauthorized entity for profit. Using an external transfer, you can send money to an account that you hold or one held by someone else. Outgoing domestic: $25 online; $35 in a branch. Both Cathay Commercial Bank (CCB) and United World Chinese Commercial Bank (UWCCB) joined Cathay Financial Holdings Co., Ltd. in 22 April 2002 and 18 December 2002 respectively, becoming two wholly-owned subsidiary banks under Cathay Financial Holdings. An external transfer may be scheduled at a time of up to 365 days in advance of the date the transfer is to be made, or may be set up as an automatic recurring transfer to be made at substantially regular intervals (e.g., monthly, quarterly, etc.) The staff of Cathay United Bank will never ask you to provide the password. Do not use the password you registered on other websites. Close the windows of other internet browsers before login the CUBHK's E-Banking. What is Online Banking? When using the services of CUBHKs E-Banking, this function will automatically show the User Name which was used in the system. For the definition of Average Daily Relationship Balance, please refer to Service Charges Guide. The merger contract and other associated issues were resolved and passed in the Board of Directors meeting on 21 April 2003 and approved in 26 June by the Ministry of Finance. Mobile devices (such as smartphones and tablets) have become an important tool in our daily lives. To add an external transfer account. Monthly aggregate $ amount. On the Add External Accounts page, do the following: In the Account Number field, enter the account number at the other financial institution. Most online banking portals now offer features to link external accounts to your banking profile. Any questions, please call our Customer Service Hotline at (852) 2877 5488. Tr 'c$PA` w q9hrU70t0h4Ft0u4,~'4BF \ ,}~Q+~J!vS`_p=]]d$?0 >/Metadata 20 0 R/Pages 224 0 R/StructTreeRoot 44 0 R/Type/Catalog/ViewerPreferences 244 0 R>> endobj 228 0 obj <>/MediaBox[0 0 612 792]/Parent 224 0 R/Resources<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 229 0 obj <>stream She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies for financial brands. 0000150669 00000 n Please check your monthly statement regularly to make sure your online transactions are made correctly, and notify the branch if you fine any anomaly. Get ready to fly now! "Payments Myth Busting. Please apply to reset the password or user name. Cardholders are entitled to the annual fee waiver in the first year so long as Cardholders meet the relevant criteria in the last two months prior to the annual fee billing month. # Eligible spending includes Cathay flight tickets, shopping and bookings with Cathay Holidays, and HK Express flight tickets and duty-free items. You can enter an account at a different financial institution in either field if you have setup one of those accounts. Please call +852 2877 5488 to contact our staff immediately. In the navigation menu, click or tap Services > Add External Account. Unfortunately, we wont accept the application via Fax, If the clients can't visit the Branch, please apply by mail. You will need: Sometimes, the person or organization to which you are sending money can help you set up a transfer, either by providing these details or even by guiding you through the process of setting up a transfer. ACH payments are often transacted in two days or less. Bank code A-Z 4 letters representing the bank. 3.Eligible Transactions are retail purchases (including both local and overseas transactions), online purchase or posted amount of instalment purchase. For details, please refer to, 8. 3) Ordinance 2016 (the Amendment Ordinance), Cathay United Bank Company, Limited, Hong Kong Branch (CUBHK) is required to identify the tax residence of our account holders. For the remittance charges, please refer to Fee Schedule for Deposits and Remittances of Hong Kong Branch for details . If you access the E-Banking services as an entity / company, we suggest you adopting a dual control maker/checker (or above) security mechanism. This means that funds sent via ACH can take from one to four days to move from one account to another, depending on the two financial institutions involved in the transaction. endstream endobj 92 0 obj <>/Filter/FlateDecode/Index[6 49]/Length 20/Size 55/Type/XRef/W[1 1 1]>>stream In most cases the Credit Union will - $50,000 per day online. 6. Existing Client refers to a client who, as of the last day of two months prior to the date of the current sign up for Priority Private/Priority Banking, (i) held any products or services with or distributed by the Bank (including but not limited to deposit account (in the case of joint account, unless the existing client is a primary account holder to the joint account, he/she will not be considered having held any product or service with or distribution by the Bank), investment services and insurance products underwritten by the third party insurer) except Standard Chartered Credit Cards, and (ii) maintained a positive Total Balance. 11. For clients using HKEB, they should fill in the Application Form for HKEB and Application Form for Designated Beneficiary of HKEB and mail to Deposits Team, Cathay United Bank, Hong Kong Branch, 10F, Lee Garden Three, 1 Sunning Rd, Causeway Bay, Hong Kong to apply. After the Bank receives the faxed documents from the customer, our staff will contact the customer or the designated transaction contact person via the phone number provided by the customer to confirm the transaction. Location code 0-9 A-Z 2 characters . Do not log in to personal E-Banking accounts on the device which is not yours. Its important to know your limits for external account transfers. Send your instruction for transactions by fax to save your time. Want to enjoy prestige travel and lifestyle privileges with your loved ones with Private Banking level banking services? 0000050637 00000 n Please be informed that above-mentioned transactions are only available for the same currency. The Bank is not responsible for any disputes arising from these offers. Please go to the [Corporate Governance] area to download the annual report, 2006 prospectus for the merger of Seventh Commercial Bank and capital increase (capital increase coming into force), 2006 prospectus for the merger of Seventh Commercial Bank and capital increase (a draft). startxref Incoming domestic: $15 ($0 if coming from Chase). Select a To account. For HKEB applicants, the clients should input the User Name set by themselves and the password shown on the password letter first, and then change the above-mentioned information immediately to activate the internet banking service. in the same amount between the same two deposit accounts held in your name (called " Recurring"). External Transfers Transfer funds between banks With Online Banking, it's easy to transfer funds between your personal Salem Five checking or savings account and your accounts at other U.S. financial institutions. Citibank Global Transfers *. For example, a bank may limit external transactions to $5,000 per transaction, $10,000 per day, and $50,000 per month. From second year and onwards, Cardholders will be charged annual fee on the anniversary of Card opening month. 257 0 obj <>stream the total time to process largely depends on the timing of the transfer, as there are daily settlement cutoffs for processing electronic deposits. Banks: China Construction Bank, Bank of China, Bank of Taiwan, Cathay United Bank, Taishin International Bank 2. Service Type Token Types Amount Daily Here are the tips for securing customers online activities: CUBHKs E-Banking adopts the Transport Layer Security (TLS) encryption technology to ensure that the data submitted by the customer for financial transactions online are encrypted and converted into an encoded form before it is transmitted from the customer's computer so that the data are protected against unauthorized persons from reading your data. 0000005793 00000 n Many banks allow you to send $10,000 in a month, but not in one day. We don't own or control the products, services or content found there. Not only will you have to find all the details that you need, but your bank may also do extra security checks to make sure that your transfer is genuine and that the recipient is legitimate. 0000017745 00000 n An external transfer is a way to move money between accounts that are in different financial institutions. Please log out the CUBHK's E-Banking before browsing other websites. Miles in this Offer will be credited to Cathay membership accounts associated with his/her Cathay Mastercard Priority Private / Cathay Mastercard Priority Banking. The annual fee of Digital Certificate is HKD400 in the first year and HKD250 from the second year onwards. 0000001319 00000 n The customer is suggested setting the User Name with the combination of English characters and numbers. Suzanne is a content marketer, writer, and fact-checker. Do not install any pirate software or software from unknown or unreliable sources. Registration will be closed when the quota is full. Visit the HKMA website to learn more about Personal Digital Keys and security tips. 2. Yes, the clients need to fill in the account(s) for outward transfer on the Application Form for transfer and remittance transactions on Internet Banking. ^ Standard Chartered Asia Miles Mastercard has been renamed as Standard Chartered Cathay Mastercard effective from 8 July 2021. 0000001656 00000 n From now till 30 April 2023, enjoy extra miles rewards and earn a total of up to HKD4 = 3 Miles for designated healthcare services in Quality HealthCare eShop with your Standard Chartered Cathay Mastercard. 0000015346 00000 n Learn how to move money from one financial account to another. . Other Payment Service - You may also send money typically within minutes to people you know using an account number. Standard Chartered Cathay Mastercard Priority Private. You can use external transfers to move money between accounts, to pay friends and family, or (with caution) to pay bills. Become a Priority Banking client and maintain at least HKD1,000,000 Average Daily Relationship Balance to enjoy annual fee waiver of HKD4,000, Exclusive Priv Privileges which includes Priority Private concierge, gourmet privileges, exclusive benefits with our global luxury hotel partners and Airport Limousine Programme, Cardholders with card issued on or after 1 July 2022 can enjoy Ten Cathay Pacific Business class lounge passes per credit card membership year, sharable to your travel companion or redemption group nominee*; and 1) Priority check-in at Business class counters 2) Enjoy the same priority boarding line for Business class passengers, 25,000 Asia Miles for depositing the first HKD1,000,000 new funds, 200,000 Asia Miles by depositing HKD5,000,000 new funds or above and completing eligible transactions on designated products, Become a Priority Private client and maintain at least HKD8,000,000 Average Daily Relationship Balance to enjoy annual fee waiver of HKD8,000, 10% redemption discount for Hotel Stays, Car Rentals and Travel Experience Awards, 10% miles discount on both dining bills at any Cathay partner restaurants and designated rewards, 10% discount on Asia Miles Mileage Renewal fee, Mileage Transfer fee and purchase of Asia Miles Gift Miles, Your latest residential address proof showing your name. Paid Money Order or Teller's / Bank Check $10.00 Bill Payment Monthly Service No Fee Request for Prior Years Statement Research $50.00 Per hour, minimum 1 hour Photocopy of Bill Payment Check $20.00 Expedited Bill Payment Fee $9.95 Overnight Bill Pay Check Fee $15.00 Exception Processing12 $20.00 External Transfers Standard Outgoing $3.00 A wire transfer is an electronic transfer of funds across a network administered by hundreds of banks around the world. In addition to the option of near immediate transfer, ACHs can be scheduled one to two days in advance to ensure transactions are processed on time at a specific time (i.e. If you receive a text message purported to be from the Bank or from an unknown source, you should not respond to them or click on any links. Enter an Amount to transfer. Online banking allows a user to conduct financial transactions via the Internet. Cathay United Bank All rights reserved. For subsequent years, Cardholders can enjoy the annual fee waiver so long as Cardholders meet the relevant criteria in the year prior to the next annual fee billing month. Investment Funds: Cathay Capital, Cathay Securities Investment Trust, Fubon Securities Investment Trust . For information of the Deposit Protection Scheme (DPS) by the Hong Kong Deposit Protection Board, Please directly contact the deposit department at, Application for Transfer / Remittance of Fund, Change of Customer Personal Information Form, Change of Customer Corporate Information Form, Remittance Refund / Amendment / Tracer Application Form, Application for Cheque Stop Payment / Cheque Withdrawal / Current Account Closure, Certificate of Account Balance / Credit Certificate / Monthly Statement Application, Application for Cashier Order or Demand Draft, Application/Cancellation of paper statement, Application Form for Global MyB2B Service, Application Form for Global MyB2B Account Integration. . It usually looks like a shortened version of that bank's name. Otherwise, customers may conduct transactions on the Branch's internet banking (transactions are accepted all day long and the transaction time is 9:00 to 15:00 from Monday to Friday). Electronic Fund Transfer Act," Page 1. The following abbreviations are used for easy reference in Q&A: To prevent any unauthorized person from using accounts, customers should avoid accessing Internet Banking services via any internet services provided in public areas, such as conducting transaction or inquiring account balance on the E-Banking of Cathay United Bank Hong Kong Branch (CUBHK). Once the change is made, the internet banking services will be activated. Clients should renew the certificate online before expiration. When using the CUBHK's E-Banking services, do not open other internet browsers and browse other websites at the same time. 0000001486 00000 n For the avoidance of doubt, The Marco Polo Club / Asia Miles membership / Asia Miles loyalty programme / Asia Miles lifestyle award scheme stated herein are referring to the Cathay membership programme. Provide cash management services by regional channels to meet your needs. The United World Chinese Commercial Bank (UWCCB) and Cathay Commercial Bank (CCB) was merged and renamed Cathay United Bank. Other financial institutions impose limits on the number of external transactions you're allowed to perform. If there is a half-year interest payment date and the account has interest payment, the statement of the current month of the interest payment date will be sent the following month. payroll processing on a Friday morning). The password letter will be delivered to clients via registered mail. Investopedia does not include all offers available in the marketplace. Select Send a wire transfer, then choose the accounts to transfer money from. Most banking apps will automatically add your recipient to a list of people to whom you can send money, and online banking systems will also remember that certain recipients have already been verified.