Corporate News
Notice of Amendments to the Daily Transaction
Limit of Chong Hing ATM Card
To comply with the requirements stipulated in the Code of Banking Practice issued jointly by the Hong Kong Association of Banks and the DTC Association, the Bank will amend the ATM card daily transaction limit of all our Bank’s ATM cards, including UnionPay Chong Hing Card, Chong Hing Card (Renminbi) and Chong Hing Credit Card linked with bank account(s). ATM card daily transaction limit will be changed from the current setting of per bank account basis to both per bank account basis and per each card basis (whichever amount is lower) with effect from 1st February 2016 (“Effective Date”). The amended daily transaction limit is listed in the below table:
(per each bank account and per each card basis)
| UnionPay Chong Hing Card / Chong Hing Credit Card linked with bank account(s) | Chong Hing Card (Renminbi) | |||
|---|---|---|---|---|
| Transaction Type | Transaction Limit (per each bank account basis) | Transaction Limit (per each card basis) | Transaction Limit (per each bank account basis) | Transaction Limit (per each card basis) |
| Cash withdrawal via Chong Hing Bank, "JETCO" or "UnionPay" ATM machines | HKD10,000 or equivalent | HKD10,000 or equivalent | RMB10,000# | RMB10,000# |
| Fund transfer to account(s) within Chong Hing Bank* | HKD30,000 | HKD30,000 | Not Applicable | Not Applicable |
| Inter-bank transfer | HKD10,000 | HKD10,000 | Not Applicable | Not Applicable |
| Make purchase at merchant with "EPS" or "UnionPay" logos | HKD35,000 or equivalent | HKD35,000 or equivalent | RMB35,000# | RMB35,000# |
| Bill payment via JETCO ATM machines with "JET PAYMENT " logo - Bill payment via "PPS" | HKD99,999 | HKD99,999 | Not Applicable | Not Applicable |
# Only applicable to cash withdrawal via “UnionPay” ATM machines and / or make purchase at merchant with “UnionPay” logos in Mainland China.
* Unlimited transfer of funds between the accounts in the same card.
Please note that the amended “Daily Transaction Limit of Chong Hing ATM Card” shall be binding on you from the Effective Date unless you terminate the relevant Chong Hing ATM Card(s) with us before the Effective Date. If you continue to use any of such services on or after the Effective Date, you will be deemed to have accepted the above amendments.
The daily transaction limit of Chong Hing ATM Card is also available at our Bank’s website www.chbank.com.
Please contact any of our branches or our Customer Services Hotline at 3768 6888 if you have any enquiries.
^ In case of any inconsistencies between the English and the Chinese versions, the English version shall prevail.
Chong Hing Bank Limited
28 December 2015