Planned system enhancement for Faster Payment System on 20 April, causing unavailability from 1:00 am to 11:00 am.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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SPOTLIGHT ON
FAMILY OFFICES
The Faster Payment System ("FPS") will experience downtime from 1:00 AM to 11:00 AM on April 20th (Sunday) due to scheduled system enhancement activities undertaken by the Hong Kong Interbank Clearing Limited, the FPS operator. The Hong Kong Monetary Authority has mandated banks and stored value facility ("SVF") operators to notify their customers about this outage in advance.
In light of this downtime, the public is advised to contact individual banks or SVF operators for more information about the affected FPS services. It is advisable to make advance arrangements for payment activities if necessary.
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