Payment Connect: Free & Fast

The Payment Connect has arrived at ZA Bank! Your ZA Bank account can receive CNY or HKD from designated banks in the Chinese Mainland instantly with 0 fees¹! HK residents can similarly send CNY to designated bank accounts in the Chinese Mainland in real time.

 

 

How can I receive a transfer from the Chinese Mainland via Payment Connect?

Log into the app of a participating Mainland bank² (Agricultural Bank of China, Bank of China, Bank of Communications, China Construction Bank, China Merchants Bank, Industrial and Commercial Bank of China), search for Payment Connect, then enter any one of the recipient’s bank account number, mobile number, email address, or FPS ID to complete the transfer.

 

How to transfer funds to the Chinese Mainland via Payment Connect in the ZA Bank App? (available for Hong Kong identity card holders only)

1. Log into the ZA Bank App and tap on Payment Connect

2. Choose to fill in the payee information with the bank account number or mobile number

3. Enter the transfer amount, debit currency and remarks (if any), then check all information and submit

 

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1. ZA Bank will not charge any fees for cross-border transfers made via Payment Connect.

 

2. As of 9 September 2025, please refer to HKMA’s website for the list of participating institutions: https://www.hkma.gov.hk/eng/smart-consumers/payment-connect/