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Is there a fee for applying for a mis-transfer?

The application for a mis-transfer is free of charge, but the receiving bank/institution or the correspondent bank(s)/ institution(s) might impose a fee.

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Questions related to "General Knowledge about Transfer" Questions related to

What should I take note of when making a transfer?What is a registered payee?If I want to report a suspicious FPS proxy ID / bank account number / SVF account number, what should I do?If I amend the transfer limit, will it take effect immediately?How many payees can I register at most?

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*As the first digital bank to launch in Hong Kong, ZA Bank had the highest number of users and customer deposits among the city’s eight digital banks as of 30 June 2024. Source: Interim reports of 8 digital banks.