Electronic Money Settlement Services 
16/12/2014 
 
II. Electronic Money Settlement Services
Fee Nature Transaction Nature Fee Amount

Money settlement fee

 

# Exchange trade

HK$0.50 for HKD items, CNY items and USD items for each DDI or DCI or EPI issued by HKSCC for transactions settled on a DVP basis

 

# SI or ISI transaction

HK$0.50 for HKD items, CNY items and USD items for each EPI issued by HKSCC for transactions settled on a DVP or RDP basis

 

Intra-day payment to refund overpaid cash prepayments and distribute cash payment arising out of nominee service to participants pursuant to Intra-day Payment Standing Instruction

 

HK$12.80 for each IPI issued by Hongkong Clearing

Other miscellaneous amounts to be paid to or collected from participants
(e.g. marks and contributions to the Guarantee Fund and application and refund monies for EFN, specified instruments and new issue shares)

 

HK$0.50 for HKD items, CNY items and USD items for each DDI/DCI/EPI issued by HKSCC
Cash prepayment service fee For releasing securities-on-hold at the request of a clearing participant HK$100 per cash prepayment instruction processed

Notes: # Payable by both sides to a transaction
  DDI - Direct Debit Instruction

 

DCI - Direct Credit Instruction

 

EPI - Electronic Payment Instruction

 

DVP - Delivery versus Payment

RDP - Realtime Delivery versus Payment

IPI - Intra-day Payment Instruction