Cross-border Payment Pass: Participating Banks and Entry Points

Cross-border Payment Connect (English: Payment Connect) refers to the connection between the Mainland Interbank Payment System (IBPS) and the Hong Kong Faster Payment System (FPS). The People’s Bank of China and the Hong Kong Monetary Authority jointly promote the interconnection of fast payment systems between the Mainland and Hong Kong to provide instant cross-border payment services for residents and institutions in the two places. Click here to join the exchange...

October 3, 2025 · 3 min · Finvoke

Free Money Transfer from Mainland China to Hong Kong

Some preliminary knowledge you need to know: Basic knowledge of bank accounts and cards in Hong Kong Basic knowledge of bank cards in mainland China Click here to join the communication group and get the latest information Question: Is it free to transfer money from mainland China to Hong Kong to accounts with the same name? Answer: Remittances between the two places are cross-border remittances, paying bank ( → transit...

September 25, 2023 · 5 min · Finvoke