Fund Deposit & Withdrawal | SGSL 
Fund Deposit & Withdrawal

Fund Deposit & Withdrawal

Fund Deposit

Clients can deposit funds into following bank accounts* of Sun Growth Securities Limited:

HKD CNY USD Other Currencies**
Bank of China (HK) 026-709-001-0520-2 012-709-0-600753-0 - -
Chong Hing Bank 041-256-10-248003-9 041-256-19-900114-6 041-256-80-900127-4 041-256-80-900127-4
Bank of China (HK)
HKD
026-709-001-0520-2
CNY
012-709-0-600753-0
USD
-
Other Currencies**
-
Chong Hing Bank
HKD
041-256-10-248003-9
CNY
041-256-19-900114-6
USD
041-256-80-900127-4
Other Currencies**
041-256-80-900127-4

*Please make checks payable to "Sun Growth Securities Limited"

**Including AUD, CAD, EUR, GBP, JPY, CHF, NZD


Notification after deposit

For clients who have made fund deposit:

  1. below or equal to HKD 50,000 in a single arrangement are required to:
    • inform our Customer Services Department via email, phone or online trading platforms. Proof of deposit may be requested by Customer Services Department at their discretion subject to actual circumstances.
  2. exceeding HKD 50,000 in a single arrangement are required to:

    Upon deposit proof submission, clients are required to write down their account no. and sign on the deposit slips to signify that he/she is the beneficial owner of the source of fund, given that the signature must be the same as that maintained in our record. (Note: client’s signature on deposit evidence will serve as a declaration that the deposited fund is sourced from the client himself/herself.)

    <Table 1>

    Deposit Methods Proof of Source of Funds to be Provided by Customer
    Bank Transfer Deposit slip with client's signature on top
    Cheque 1. Cheque copy; or
    2. Deposit slip with client's signature on top
    Cash Deposit 1. For cash deposit in amount below or equal to HKD 50,000, deposit slip with client's signature on top is required ;
    2. The Company does not accept any cash deposit in amount above HKD 50,000.
    Telegraphic Transfer Payment Proof of source of funds are not necessary.
    Phone banking Proof of source of funds (e.g. bank statements)
    Deposit Methods
    Bank Transfer
    (i) Clients are required to provide us with deposit receipt and client signature
    Cash Deposit
    (i) For cash deposit in amount below or equal to HKD 50,000, clients are required to provide us with the deposit receipt and client signature;
    (ii) The Company does not accept any cash deposit in amount above HKD 50,000.
    Cheque
    1. Cheque copy; or
    2. Deposit receipt and client signature
    Telegraphic Transfer Payment
    No need to obtain proof of source of funds
    Phone banking
    Proof of source of funds from the client (e.g. bank statements)

    Fund Withdrawal

    The Withdrawal request can come in the following ways:

    • Through telephone;
    • Through online platform;
    • Fill in the Withdrawal form and return to the Company.

    The bank account provided by client must be held under his/her own name. Sun Growth Securities Limited does not accept deposit request into a third party bank account, or into cheque payable to a third party.

    Please note that instruction given between 9:00 am and 12:00 pm will be processed on the same day, otherwise they will be processed on the following working day.