1.How do I deposit funds into my securities trading account in First Shanghai?
2.When will my funds be available for trading?
3.How do I withdraw funds from my securities trading account?
4.Can I deposit/withdraw funds in other currencies other than Hong Kong dollars?
5.Can I withdraw fund to a third party's account?
6.How can I check my deposit/withdrawal record?
7.Will I get interest on the cash balance in my securities trading account?
8.What is CCASS (Central Clearing and Settlement System)?
9.>Can I still register for a personal account in CCASS if I am already a First Shanghai client?
10.If I want to have my shares deposited to my personal CCASS account, what are the procedures that I need to go through with First Shanghai Securities Ltd?

1.How do I deposit funds into my securities trading account in First Shanghai?

Method 1: Designated Bank (Clients can deposit into the following banks by  cheque or transfer)

2. When will my funds be available for trading?
Fund deposit processing time is normally:
Notices received before 17:00 noon will be processed on the same trading day.
Notices received after 17:00 noon will be processed on the next trading day.
All funds will be deposited into client's account after getting confirmation from banks. Cheques will be cleared before depositing into client's account.

3. How do I withdraw funds from my securities trading account?
Client may login “MyAccount” on the left navigation menu of this website, click “Securities”, “MyAccount Login”, “Fund Transfer”, “Withdraw”, then fill in the “Withdrawal Form” and submit online.

Client may also choose the “Useful Forms” on the left navigation menu of this website, click “Useful Forms”, “Fund Movement”, download the “Fund Withdrawal Form”, complete and return it by fax to (852) 2537 6911.

Unless specifically instructed by client, the withdrawal fund will be deposited into your designated local bank account by crossed cheque or e-Payment. Client can also choose to withdraw fund by CHATS or Telegraphic Transfer (overseas account).

The withdrawal methods, related handling charges and processing time are as follows:

# Subject to the final decision of First Shanghai on the cut-off time without prior notice.

4. Can I deposit/withdraw funds in other currencies other than Hong Kong dollars?
Client can deposit HKD, USD or CNY. Also, client can withdraw HKD, USD or CNY to the designated Bank.

5. Can I withdraw fund to a third party's bank account?
We will not accept the withdrawal of funds to a non-client's third party bank account.

6. How can I check my deposit/withdrawal record?
Login to "myAccount", click "Fund Transfer" and you may see all deposit and withdrawal records submitted through our website. (Note: deposit and withdrawal instructions submitted by fax will not be shown in this section.)

7. Will I get interest on the cash balance in my securities trading account?
Yes, and the interest rate will be more competitive than the demand deposit interest rate.

8. What is CCASS (Central Clearing And Settlement System)?
The Central Clearing And Settlement System (CCASS) is a computerized book-entry clearing and settlement system for transactions in securities listed on the Stock Exchange of Hong Kong. CCASS was originally designed to allow the Hong Kong Securities Clearing Company Limited (HKSCC) to serve primarily market intermediaries such as brokers and custodians (i.e. First Shanghai Securities Ltd), who in turn acts as mini-clearing houses for their clients.
In recognition of investors' desire to enjoy the benefits of the book-entry clearing and settlement system and to have physical control over their shares, individual and corporate investors can now open an Investor Account in CCASS. Investors must register his/her CCASS account individually at HKEX(Hong Kong Exchange & Clearing Limited) .
An Investor Account is in effect a depository account for share custody. Purchases and sales of stocks made by Investor Participants and the resulting settlements will continue to be handled by CCASS Broker or First Shanghai Securities Ltd Custodian Participants.

9. Can I still register for a personal account in CCASS if I am already a First Shanghai client?
Clients*of First Shanghai may choose to open a personal CCASS account for their custodian and nominees purpose via CCASS if he/she finds fit, but investor will need to manage the risks involved in the settlement process through CCASS. However, First Shanghai Securities Limited will automatically provide settlement service for our clients. Therefore, it is not necessary for client to open a personal account in CCASS for settlement purpose.
Clients should note that all risks involved under CCASS are the same for all "Cash account" clients under First Shanghai Securities Ltd. First Shanghai would not have the authority to manipulate any "Cash account" client's securities under **normal circumstances unless authorized instructions*** are received from client.
(*Personal CCASS Account service is only applicable to Hong Kong or Macau citizens) (**Accept and only when client has not been able to fulfill the related fund and or responsibility within the period stated in the agreement, First Shanghai then is authorized to manipulate client's "Cash account" without informing the client.)

10. If I want to have my shares deposited to my personal CCASS account, what are the procedures that I need to go through with First Shanghai Securities Ltd?
If client has a personal CCASS account and would prefer to have his/her shares to be transferred to CCASS, he/she can choose any of the below ***authorized instructions for settlement completion.
i. Written authorization notices with client or client's authorized signature.
ii. S.I form (Settlement Instruction)
Clients can download the S.I form from Useful form .
Kindly have the instruction fax or mail to First Shanghai Securities Ltd upon completion.