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JETCO’s mission is to leverage our strengths in cross-bank network and technology to provide new value-added services and inter-bank solutions that enable our member banks and the industry moving to the open banking era and meeting the increasing demand for fintech services.

Ms. Yvonne Che, Chief Executive Officer, JETCO


Joint Electronic Teller Services Limited (JETCO) was incorporated in 1982 by five founding banks in Hong Kong, namely:

  • Bank of China (Hong Kong) Limited
  • The Bank of East Asia, Limited
  • OCBC Bank (Hong Kong) Limited (Originally was Chekiang First Bank Limited)
  • Shanghai Commercial Bank Limited
  • CMB Wing Lung Bank Limited (Originally known as Wing Lung Bank Limited)

As a bank consortium, JETCO currently has more than 30 member banks and connects around 3,000 ATMs in Hong Kong and Macau to provide convenient and reliable ATM services across both locations. JETCO ATM switching network also connects to multiple international ATM networks.

JETCO also offers a series of value-added services to member banks, such as payment gateway for e-Commerce and inter-bank cardless cash withdrawal service, to enable member banks to provide customers with innovative and high-quality services.

In 2018, The Hong Kong Monetary Authority designated the relevant payment systems operated by JETCO for the processing of Hong Kong retail payment transactions as a designated retail payment system (“designated RPS”) pursuant to the Payment Systems and Stored Value Facilities Ordinance (“PSSVFO”).

In 2019, JETCO launched JETCO APIX, the first open API exchange platform in Hong Kong. By riding on JETCO APIX, banks and other institution customers can interconnect with their business partners in various industries via API to co-develop innovative products and services for improving service quality and customer experience.

In 2022, JETCO CDI Portal for data consumers launched for supporting banks to easily onboard to Commercial Data Interchange (“CDI”), and JETCO has been named as a solution provider of CDI. In 2023, JETCO CDI Portal has extended to support data providers to onboard to CDI. Moreover, JETCO CDI APIs & value-added features for data consumers were launched. Coming will have more value-added features launching for both data consumers and data providers.