Minsheng Bank (Hong Kong Branch) Bank-Securities Transfer Guideline
Minsheng Bank (Hong Kong Branch) Bank-Securities Transfer Introduction
Minsheng Bank (Hong Kong Branch) Bank-Securities Transfer provides customers with the service of fund transfer between Minsheng Bank (Hong Kong Branch) account and Tiger Securities Prime Account. It supports both Hong Kong dollar and US dollar. After the service is opened and linked to both accounts, you can enjoy a safe and fast access to funds service experience.
Two steps to complete the deposit to your bank-securities account:
- Link bank-securities transfer with Tiger Securities Prime Account in Minsheng Bank (Hong Kong Branch) Mobile Banking or Internet Banking.
- Initiate bank to merchant account instruction in Minsheng Bank (Hong Kong Branch) mobile banking or internet banking.
How to Open Bank-Securities Transfer Account
Using Minsheng Bank (Hong Kong Branch) Mobile Banking or Internet Banking, "Bank-Securities Transfer" - "Linked Account Maintenance", select Tiger Brokers for the merchant account name and enter Tiger Prime Account ID for the linked account number. After submitting the linking steps, a single bank account can support both HKD and USD Bank-Securities transfer service.
Bank-Securities Transfer Deposit
To deposit funds to Tiger Brokers using Minsheng Bank (Hong Kong Branch) Bank-Securities account, you need to use the operation in Minsheng Bank (Hong Kong Branch) Mobile Banking or Internet Banking.
After completing the submission on the bank side, you can wait for the funds to arrive at Tiger Securities.
Bank-Securities Transfer Deposit Withdrawal
To withdraw funds using the Minsheng Bank (Hong Kong Branch) Bank-Securities linked account, simply submit a withdrawal request on the Tiger website or Tiger Trade App and select the receiving bank account that has completed the Bank-Securities link.
Note: TIGER does not support initiating securities to bank transfer from Minsheng Bank (Hong Kong Branch) mobile banking or internet banking at this time.
Fees
TIGER fee: Bank-Securities Transfer connection, deposit, withdrawal, and termination are free of charge
Bank fee: Please refer to bank instruction
100 million HKD or USD equivalent in a single day cumulative or single transaction
Service Hours
Bank-Securities Transfer Account Connection
Time of Application
|
Time of Connection (Estimated)
|
7*24h
(Except for bank service maintenance)
|
About 5 minutes
|
Deposit
Time of Deposit Submission
|
Time of Deposit Into TIGRER Account (Estimated)
|
Hong Kong Business Days 9:00-18:00
(Single transaction amount not exceeding 150,000 USD or 1 million HKD)
|
|
Hong Kong Business Days 9:00-18:00
(Single transaction amount not exceeding 150,000 USD or 1 million HKD)
|
|
Other time
|
|
If withdraw funds to a bank account connected to Bank-Securities Transfer Account, it will be significantly faster. However, if the withdrawal involves financing, etc., manual review is still required.