Faster Payment System

A faster, simpler, cost-effective way of processing payments.

With Faster Payment System (FPS), you can now initiate HKD or RMB payments to your business partners in Hong Kong using their mobile phone numbers, email addresses or FPS ID as alternatives to bank account numbers. The fund will be transferred in real time after your confirmation.

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Special offers

Enjoy transaction fee waivers for FPS payments between 30 September 2018 and 31 December 2018*!

*Terms & Conditions apply.

Features and benefits

Easy to use: Initiate payments using a mobile number, email address or FPS ID
Fast and transparent: Make real time fund transfers to any banks in Hong Kong anytime, anywhere
Cost-effective: Reduce administrative costs and transaction fees, such as handling payment with cash or cheque

Act Now

Get your company ready to make and receive bank transfer via Faster Payment System.   Simply go to Business Internet Banking or HSBCnet and link your mobile number, email address or FPS ID to your business account.


How to receive payment from your customers via FPS? 

We have just launched HSBC Business Collect where businesses can accept FPS payments. Visit HSBC Business Collect to learn more.

Terms & Conditions

  1. The promotion set out in these terms and conditions is available to all corporate customers of The Hongkong and Shanghai Banking Corporation Limited in Hong Kong (the “Bank”) (“Eligible Customers”).
  2. An Eligible Customer can enjoy transaction fee waiver on all successful outward single credit transfer which are initiated from its bank account with the Bank through the Faster Payment System (FPS) from 30 September 2018 to 31 December 2018, both dates inclusive.
  3. The Bank reserves the right to amend these terms and conditions and to terminate the promotion at any time without prior notice. The Bank accepts no liability for any such change and/or termination.
  4. In case of any dispute arising out of or in connection with the promotion, the decision of the Bank shall be final and conclusive.
  5. No person other than the Eligible Customer and the Bank will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provisions of these terms and conditions.
  6. In the event of any discrepancy or inconsistency between the English and Chinese versions of these terms and conditions, the English version shall apply and prevail.
  7. These terms and conditions shall be governed by and construed in accordance with the laws of the Hong Kong Special Administrative Region.

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