General information - Hong Kong

27.01.2022

CBL-eligible security types

  • Central Moneymarkets Unit (CMU) instruments:
    • Government bonds;
    • Commercial Paper;
    • Corporate bonds;
    • Foreign currency debt securities (free of payment only, except CNY-denominated bonds);
  • Exchange Fund Paper (government debt):
    • Exchange Fund Bills;
    • Exchange Fund Notes;
  • Ordinary Shares;
  • Preference Shares;
  • Warrants;
  • CCASS-eligible Funds and ETFs.

Depository

CITIBANK N.A. (Hong Kong branch)

50/F, Champion Tower
3 Garden Road
Central, Hong Kong


Address for delivery of physical securities  (Hong Kong Securities):

9/F, Citi Tower, One Bay East
83 Hoi Bun Road
Kwun Tong, Kowloon
Hong Kong
Attn: Physical Team - SFS

Depository Code: 93

Cash correspondent details

Currency: Offshore Chinese Renminbi (CNY)a

CCB name:

Bank of China (Hong Kong)bc 

Bank of China (Frankfurt)

CBL account:

01287560120489

9700239431

SWIFT address:

BKCHHKHH

BKCHDEFFCLR

CCB name:

ICBC Singapore Branchcd

Standard Chartered Bank Hong Kong

CBL account:

6103020000000009962

44709447259

SWIFT address:

ICBKSGSGCLR

SCBLHKHHXXX

Currency:Hong Kong Dollar HKD
CCB name:

Standard Chartered Bank Hong Kong

CBL account:

44709447240

SWIFT address:

SCBLHKHHXXX

a. Clearstream Banking provides settlement services for Offshore CNY only. Clearstream Banking does not maintain a CNY cash account in mainland China and does not support the conversion of CNY between Hong Kong and mainland China.
b. In compliance with the Hong Kong Monetary Authority (HKMA), if no BIC exists or none is available for entry in field :50A: of the cash instruction, then the sender’s name, account number and full address must be provided in field :50K:; otherwise, STP cannot be guaranteed and there is a risk of incurring eventual charges.
c. Customer withdrawal instructions will be automatically routed according to the destination of the funds:

  • ICBC Singapore Branch will be responsible for processing all payments made to beneficiary accounts in Singapore; and
  • Bank of China Hong Kong will be responsible for processing all payments made to beneficiary accounts located in Hong Kong and the rest of the world.

d. For more information on Disclosure Requirements please refer to the Creation Link Guide section under Other Services, Disclosure Requirements.

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