BENEFITS OF E-CHEQUES
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Transforms paper cheques into e-Cheques with the features and benefits of paper cheques, while providing enhanced security features that eliminate the need for physical delivery and presentment.

  • Bill of exchange under the Bills of Exchange Ordinance (BOEO)
  • Non-negotiable and non-transferrable
  • Digitally signed by payer and certified by payer’s bank
  • Supports HKD, USD and RMB denominated e-Cheques

For corporations,

  • Easier to do reconciliation based on electronic records
  • Enhanced processing efficiency due to automation
  • Possible cost saving for bulk cheque issuance
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