The User Name and the User Password must be entered with the uppercase or lowercase characters correctly. The bank routing number of the account to which you want to send money. The ACH network essentially acts as a financial hub and helps people and organizations move money from one bank account to another. 0000001319 00000 n So, very few legitimate uses for external transfers still exist. The registered legal persons of operating companies incorporated and registered in Hong Kong, Taiwan or other overseas jurisdictions. DO NOT allow anyone to use your password. AD-AAB-ABC-CRT AD-AAB-ABC-CRT. Please call the account manager for details. New cardholders can enjoy HKD1 = 1 Mile! Cathay United Bank reminds you: 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. 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. This limit is often tied to the day and/or month (i.e. 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. Select a From account. The minimum amount for an individual time deposit is HKD10,000 or USD5000 (or equivalent). endstream endobj 56 0 obj <>/Metadata 4 0 R/Outlines 1 0 R/Pages 3 0 R/StructTreeRoot 6 0 R/Type/Catalog/ViewerPreferences<>>> endobj 57 0 obj >/PageTransformationMatrixList<0[1.0 0.0 0.0 1.0 -306.0 -396.0]>>/PageUIDList<0 925>>/PageWidthList<0 612.0>>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text/ImageC]/Properties<>/XObject<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 58 0 obj <>stream This video has been created solely for general information purposes, without taking into account any person's objectives or needs. The Bank will not ask customers to log in Internet Banking and to enter account or personal information, including user name and password. 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. If you forget your password, please contact the Bank to re-apply. This video does not constitute, nor is it intended to be, nor should it be construed as any advice, offer or solicitation to deal in any of the products or investments mentioned in this video. An external transfer is the movement of money between one financial institution and another. # New payroll client is required to start using the auto-payroll services successfully with the Bank within 2 months from Priority Banking sign-up. Standard Chartered Cathay Mastercard As the only bank that lets you earn miles through its services, we have partnered with Cathay to bring you the Standard Chartered Cathay Mastercard. ACH Transfers: What Are They and How Do They Work? Listed under the amount to send, select View all dollar limits. To add an external transfer account. DO NOT use personal ID number, phone number or similar numbers as password. Install genuine and licensed edition of security defense software (e.g. For example, if Cardholders successfully apply for the Card in July 2021, he/she will be charged the first year annual fee in October 2021, second year annual fee in July 2022, third year annual fee in July 2023 and so on. Under the "external accounts" heading, you can view your linked external accounts. Because there are fewer protections for your money with an external transfer, you should only use it to pay for goods or services if you know and trust the seller. U.S. Bank - External Transfers. (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.) Close Ests ingresando al nuevo sitio web de U.S. Bank en espaol. Select a To account. If you access CUBHK's E-Banking with a laptop, please turn off unnecessary wireless connection functions (e.g., bluetooth and NFC). 0000050637 00000 n When using the services of CUBHKs E-Banking, this function will automatically show the User Name which was used in the system. 0000011248 00000 n no more than three external transactions in a single day and no more than ten in a single month). 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. Yes. Manage your savings flexibly with transactions and withdrawals, and earn interest on your balance. No charges are required for account registration and 2-step verification. The Branch has savings accounts, current accounts, and investment accounts. the fee table of the Deposit & Remittance Services, https://www.hkma.gov.hk/eng/smart-consumers/beware-of-fraudsters/, Hong Kong Securities and Futures Commission, http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency/#d.en.347760. Investment Funds: Cathay Capital, Cathay Securities Investment Trust, Fubon Securities Investment Trust . * First 2 years quarterly maintenance fee of Priority Banking will be waived for mortgage clients (borrower or co-borrower). EXTERNAL TRANSFER LIMITS: Debits: Credits: Daily aggregate $ amount. DO NOT write down or record the password without keeping it confidential. $1,000 per transaction. Additionally, depending on your financial institution's configuration, Same Day ACH transactions may not be available depending on the day of the week or time of day. 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. This video does not and is not intended to identify all of the risks that may be involved in the products or investments referred to in this video. In 1978, in fact, the U.S. government passed the Electronic Fund Transfer Act (EFTA). This video has not been reviewed by any regulatory authorities in any jurisdiction. HlTjT1}?_pO@*J++sXkoyvXg5mw}{7m@bM%_6`|aOQqy}_%j~>L.gGqRq A9I8,O(qD(PukCq)"K) {('Z. Further growth was achieved by accepting specific asset debt balances and operations of Zhonglian Xintuo on 29 December 2007. the total time to process largely depends on the timing of the transfer, as there are daily settlement cutoffs for processing electronic deposits. The Branch accepts transactions via fax. Borrow only if you can repay! To expand the scope of services provided and our market share, we then acquired Diqi Shangye Yinhang [Seventh Commercial Bank] on 1 January 2007. How it Works, Safety, and Fees. Chase Wire Transfer Fees. 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. 0000005403 00000 n Using an external transfer, you can send money to an account that you hold or one held by someone else. Do not log in to personal E-Banking accounts on the device which is not yours. Once the change is made, the internet banking services will be activated. Here is how to check them: To get started,log intoonline bankingand follow these steps: For the best mobile banking experience, we recommend logging in ordownloading the U.S. Bank Mobile App. To ensure you are granted more sufficient protection when making online transactions, if you wish to transfer to a third party's account, you are required to register the related accounts in advance, or make transfer to the said account through 2-step verification. Bank of America. 0000001656 00000 n For offer details, please refer to the offer terms and conditions., Enjoy first-year annual fee waiver. An annual fee of HKD2,000 will be charged, Basic Miles: up to 2,000 Asia Miles (HKD4 = 1 Asia Mile for eligible online spending, HKD6 = 1 Asia Mile for eligible spending in other categories); and. You can stop the use of certain third-party tracking technologies that are not considered our service providers by clicking on Opt-Out below or by broadcasting the global privacy control signal. Review account information regularly, and keep personal and financial information safe and properly. She is a FINRA Series 7, 63, and 66 license holder. hbbbb`b`` ; You understand the Credit Union has a variety of banking channels and means by which to make External Transfers. Local Account Fund Transfer by Credit Card, Cathay Membership Programme Terms & Conditions, Promotion Terms and Conditions for Priority Banking, Promotion Terms and Conditions for Priority Private, Application requirements for the Cathay Mastercard Priority Private / Cathay Mastercard Priority Banking, Locations of the Bank's Service Providers, Personal Information Collection Statement, 4 non-sharable Cathay Pacific Business class lounge passes every 12 months, Priority check-in at the Premium Economy Class counters and priority boarding services, 10 sharable Cathay Pacific Business class lounge passes every 12 months, Priority check-in at the Business Class counters and priority boarding services, Tier 1: Accumulated Eligible Transactions, Tier 2: Accumulated Eligible Transactions, Tier 3: Accumulated Eligible Transactions, Tier 4: Accumulated Eligible Transactions, Up to HKD2 = 1 Asia Mile for eligible spending on Cathay and HK Express, HKD4 = 1 Asia Mile for eligible spending on dining / food delivery platforms, online and overseas spending categories, HKD6 = 1 Asia Mile for eligible spending in other categories which are posted in Hong Kong dollars, Enjoy an exclusive rate of HKD4 = 3 Asia Miles at Cathay partner restaurants. This will show all incoming and outgoing transfer limits. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Yes, the transactions will be charged as outward remittance. If you are asked to make an external transfer to pay for goods or services, it could be a scam, so proceed with caution. Country code A-Z 2 letters representing the country the bank is in. The United World Chinese Commercial Bank (UWCCB) and Cathay Commercial Bank (CCB) was merged and renamed Cathay United Bank. 0000005793 00000 n Check out latest FAQ, forms and other useful information, , , Earn up to HKD4 = 3 Miles at the Quality HealthCare eShop, For regular income earners, please enclose your latest 1 months computer generated Payroll Slip or latest 1 months Bank Statements / Passbook showing your name, account number and salary entries, For irregular income earners, please enclose your latest 3 months computer generated Payroll Slip or latest 3 months Bank Statements / Passbook showing your name, account number and salary entries, For self-employed applicants, please enclose your Business Registration Certificate AND latest Profits Tax Demand Note, Minimum average daily Relationship Balance HKD1,000,000 or above; or, Minimum monthly salary HKD80,000 or above# (only applicable to New Banking Clients);or, Mortgage outstanding amount of HKD5,000,000 or above*, Maintain an average Total Balance at HKD8 million or above, 1. This video does not, and is not designed to, satisfy any particular regulatory requirements in any jurisdiction in relation to investor education or otherwise. In order to prevent your personal information from being used by others, please do not write down your personal E-Banking account information in a format familiar to others. Incoming international: $15 ($0 if coming from Chase). The modern ACH Network experienced significant growth in 2021, with 29.1 billion payments valued at $72.6 trillion, and Same Day ACH payment volume grew nearly 74%. Welcome Privileges of Priority Banking are only applicable to clients who have not been Priority Private or Priority Banking clients in the past 12 months. 0 trailer CUBHK will never contact you and ask you to confirm your personal information, such as Internet Banking user ID, user password or user code, outside of the normal Internet Banking login process. 0000008830 00000 n outbound transfers totaling up to $7,500 per month using a phone number, email address, or account number. Also, change the password for CUBHKs E-Banking account regularly to protect the personal information. after the password letter is printed. 2. Upon receiving the password letter, clients shall change the User Password and User Name immediately. Investopedia requires writers to use primary sources to support their work. In the navigation menu, click or tap Transactions > Funds Transfer. Banks: China Construction Bank, Bank of China, Bank of Taiwan, Cathay United Bank, Taishin International Bank 2. 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. $100,000. 55 0 obj <> endobj Install reputable anti-virus software on the mobile device and keep the virus definitions updated at all time to ensure the latest security protection. The Organization for Economic Cooperation and Development(OECD) has provided information on the tax residency rules applicable in jurisdictions that are committed to automatically exchanging information. Any questions, please call our Customer Service Hotline at (852) 2877 5488. 0000049918 00000 n Wire transfers are typically conducted via specific bank-to-bank networks like the Society for Worldwide Interbank Financial Telecommunication (SWIFT) or Fedwire systems. Citibank Global Transfers *. The External Transfers Service is available for funds transfers to verified accounts in the United States only, and transfers are made in U.S. dollars only. From second year and onwards, Cardholders will be charged annual fee on the anniversary of Card opening month. Note:The date selected is the date you want the transfer to be processed, not the date the funds will become available. 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. Sharable lounge passes are valid for the eligible cardholders, their travel companion or redemption group nominee to use before flights that are marketed or operated by Cathay Pacific. Transfer limits are designed to help protect and limit potential bank and member financial losses. There is no account maintenance fee at the present moment. These transfer limits are shared with your Zelle Payment Service limits. Please check your monthly statement regularly to make sure your online transactions are made correctly, and notify the branch if you fine any anomaly. CUBHK will not request customers to provide passwords and related personal information via email or phone calls. 0000008097 00000 n What Is Regulation E in Electronic Fund Transfers (EFTs)? Therefore, the Cardholders can earn up to a total of 4,000 Asia Miles, equivalent to HKD2 = 1 Asia Mile. Given that there are many types of EFTs, you probably use quite a few of them without realizing it. 3. Click on your name/icon in the top right corner. The AutoComplete function of the Internet Explorer will keep the input data in the fields of website address, form and password. Other Payment Service - You may also send money typically within minutes to people you know using an account number. New cardholders2 can enjoy HKD1 = 1 Mile. Cardholders are entitled to the 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. $25,000. If you access the E-Banking services as an entity / company, we suggest you adopting a dual control maker/checker (or above) security mechanism. Please do not include sensitive information such as account numbers or other personal information such as Social Security or Tax Identification numbers, drivers license numbers, etc. The reelection of the entire board of directors and election of Chen-yu Tsai as Chairperson of the Board in 1993 served as a turning point for this Company. From second year and onwards, Cardholders will be charged annual fee on the anniversary of Card opening month. External transfers can be used to move money between accounts that you hold at different banks, to send money to the bank account of a friend or family member, or even to pay bills or pay for services. You can use your online banking platform or your bank app, call your banks telephone banking number, or visit a branch to make an external transfer. MEANS OF TRANSFER . Terms and conditions applies. firewall or anti-virus software) on your computer, and update the virus definition and scan engine at any time to reduce the risk of intrusion by Trojans (backdoor programs), viruses, worms and other malicious codes on your computer and stealing your personal data. Customers are responsible for installing the required software, hardware and other security related equipment. Transfer means the debit and credit accounts are openedin the branch. Learn more about the travel privileges and how to claim your lounge passes. startxref The staff of Cathay United Bank will never ask you to provide the password. Take advantage of these great features: Transfer between your Valley personal accounts and your accounts. Its safer to use PayPal, Wise, or Payoneer if you are making a purchase from a seller you dont know since you may recall the money if you have certain issues that are acceptable. ACH networks offer transfers of "same-day", "next-day", or "2-day". 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. Incoming domestic: $15 ($0 if coming from Chase). Investment involves risks. 0000049144 00000 n We also reference original research from other reputable publishers where appropriate. UWCCB would be the surviving company while CCB would be dissolved in the merger. How Sending Money on Facebook Messenger Works. Learn more about the travel privileges and how to claim your lounge passes. endstream endobj 230 0 obj <>stream UWCCB flagship office at No. Funds transfers 1. This kind of software requires to be updated regularly for obtaining up-to-date protection on your data. endstream endobj 92 0 obj <>/Filter/FlateDecode/Index[6 49]/Length 20/Size 55/Type/XRef/W[1 1 1]>>stream There are several different types of external transfers, with EFT (electronic funds transfer) and ACH (automated clearing house) being the most common. 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. To make sure visiting the authentic website of CUBHK's E-Banking, please enter the address. The Automated Clearing House (ACH) is an electronic funds-transfer system run by the former National Automated Clearing House Association (NACHA). * Terms and Conditions apply. Valid cardholders with card issued before the aforementioned date will also entitle to above Cathay travel privileges every year after the first credit card membership year. Check with your financial institution to find out your daily and monthly sending limits. . 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. This law put in place consumer protections around specific types of electronic transfers of money. Please change the password before the expiration date. Please refer to the, The validity period of Digital Certificate is one year. When you have finished using the CUBHK's E-Banking services, please click Log out to exit, and make sure you have successfully logged out the system. 40,000 Asia Miles for depositing the first HKD1,000,000 new funds, 30,000 Asia Miles for depositing every subsequent HKD1,000,000 new funds, 15,000 Asia Miles for depositing the first HKD500,000 new funds, 10,000 Asia Miles for depositing every subsequent HKD500,000 new funds. Cathay United Bank was later renamed as Cathay Commercial Bank (CCB) on 3 July 2002. 0000007364 00000 n Electronic Fund Transfer Act," Page 1. Federal Reserve System. Outgoing domestic: $25 online; $35 in a branch. 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. One of the most common sources of confusion when it comes to external transfers is the difference between EFT and ACH. 0000010333 00000 n Sign in to capitalone.com. You can continue to use the existing card before card replacement or renewal. You will be asked for additional security information to verify your authentication, create a new Password and continue with the login process. We thus provided our clients with improved and comprehensive financial services. UWCCB was found in September 1971 during the 4th Cathay Financial Association Gathering where representatives of Chinese entrepreneurs around the world gave their determined support to the economy of their motherland. These are the current Zelle sending limits for major banks: Bank of America: $15,000 per 24 hours, $45,000 in a seven-day span and $60,000 every 30 days for small businesses. Please avoid using mobile devices that have been cracked or illegally hacked (such as jailbreaking or rooting the mobile device). Please do not access the CUBHK's E-Banking services via a public computer (e.g., computer of an internet cafe) or do not use Internet services provided in public places to log in CUBHK's E-Banking and perform any transactions or check the account balances as these computers may have hacking programs installed (others may use it to obtain your personal or account information). By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. External transfers are just one of the different types of transfers that you can make, and there are several different types of external transfers that you can use from the average bank account. The anti-virus software should be updated to the latest version and the latest patch(es) for internet browser should be installed timely. Pay as low as HK$1/day, lifetime benefit limit up to HK$1,500,000 . ACH Transfers vs. Wire Transfers: What's the Difference? 226 0 obj <> endobj It usually looks like a shortened version of that bank's name. Spyware results in security issues such as security vulnerabilities of keylogger, leakage of personal confidential information and breach of computer security. 10, Yongsui Street, Taipei City formally opened for business on 20 May 1975. Money can often be transferred between accounts within the same institution for free. 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. Unfortunately, the clients need to open deposit accounts (Savings Account or Current Account) first, then apply for the internet banking service. ACH transfers count towards the six-withdrawal limit on savings accounts. Please check and verify your transaction records timely. Please avoid storing any account numbers and passwords on mobile devices and web pages. Please make sure not to be peeped around when you input your user name, password, or any confidential personal information. The reference date for the merger was 27 October 2003. After a one-time setup process, you can easily transfer between Salem Five and your other accounts within Online Banking. An external transfer is a way to move money electronically from an account in one financial institution to an account in another financial institution. Earn 20 Status Points points for every HKD100,000 eligible spending, up to 100 Status Points during the Promotion Period. Dining benefit:Enjoy 15% off your lunch or dinner at The Lobby from Monday to Thursday (except public holidays), Spa privilege: Enjoy 15% off your 2nd spa treatment at The Peninsula Spa from Sunday to Thursday. In theRepeat Durationfield, click or tap eitherForeverorUntil date. Then mail the Application Form to the "Deposits Team, Cathay United Bank Hong Kong Branch, 10th Floor, Lee Garden Three, 1 Sunning Road, Causeway Bay, Hong Kong". You should be cautious, as it could be a scam. 0000017745 00000 n After using the computer, disconnect it from the internet. Routing Number vs. Account Number: What's the Difference? For savings accounts,Hong Kong Branch provides USD, HKD, CNY, JPY, EUR, AUD, CAD, NZD, GBP, CHF, SGD, and ZAR accounts. What Is the Automated Clearing House, and How Does It Work? 0000011024 00000 n Do not use any computers in public space (e.g., internet cafe or cybercafe) to access CUBHK's E-Banking services as these computers may be installed with hacker program(s) which provide a way for others to access the customer's personal account data fraudulently. a. 0000003948 00000 n Click or tap the Frequency field, then select a frequency. 4. Change your password at regular intervals, such as at least every three months (especially if you suspect that your password is leaking, you should immediately change your E-Banking password). - $50,000 per day on Citi Mobile. There's no service fee for funds transfer. 'Q,[ Hs R2GEF8%]lQ)PmT"O>c6r %`v3AYPm k2!s>9l}s\OWN`U~_*36fiEM8>}LMLS 4>4t,+^%D:&%$a^|~|nY@z\8h9y^ Ut@epO_bcfm 7 The new password should be a combination of 6-12 English characters and/or numbers (without space or symbols); and it should be completely different from the User Name and the old password. They represent a no- or low-cost way to transfer money between accounts. Install virus detection software to detect common viruses such as Trojan Horses. 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.

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