eDDA Authorization via Bank APP/Web

Notice:

1. Customers need to register important information such as a valid mobile phone number or email address and a newly issued certificate with their bank.

2. Long Bridge HK Limited cannot accept incoming funds from third party, and can only accept funds originating from a bank account held in the same name registered with us. Otherwise, the cost of refund will be borne by the customer.

3. Bank may take a certain amount of time to process the remittance, and the "remitted" notification from bank does not mean that Long Bridge HK Limited has received the money. And funds are subject to settlement and approval upon receipt. Please be informed that Banks and Long Bridge HK Limited do not handle remittance during Hong Kong Public Holidays, so extra time is needed.

4. Long Bridge HK Limited does not accept direct cash deposits at this moment.

1. What is eDDA?

eDDA (Electronic Direct Debit Authorization) Deposit is a fast deposit method based on "HK FPS". By authorizing bank account, customers can initiate a deposit in Longbridge APP instead of dealing with complex bank transfer. Funds can be transferred from your bank account into your Long Bridge HK Limited account according to your deposit instruction.

Notes:Supported currency of eDDA: HKD only.

2. Advantages of eDDA

  • Instant: Funds will be credited within 5 minutes after initiating the deposit instruction.
  • Free: eDDA authorization and deposit service are free of charge.
  • Convenient: Customers only need to initiate the deposit instruction on Longbridge APP instead of dealing with complicated bank transfer, and there is no need for customers to upload the transfer voucher for verification.

3. eDDA Authorization/Deposit Instructions(Coming Soon)

eDDA Authorization via Bank APP/Web

Step 1: Go to the Longbridge APP to view the authorization information (please see the details below)

Beneficiary Bank024 Hang Seng Bank Limited
Beneficiary Account No.752027854001
Beneficiary NameLong Bridge HK Limited
Payer Reference No.Your Longbridge Integrated Account No.
Payer NameYour full name
CurrencyHKD

Step 2: Initiate the authorization via the bank mobile app/ ibanking

Go to the bank mobile app/internet banking to initiate an eDDA quick deposit authorization, which is subject to approval after submission.

Supporting banks: Hang Seng Bank, HSBC, Standard Chartered Bank, Bank of China (Hong Kong), Bank of East Asia, ICBC (Asia), Citibank, Wing Lung Bank, China Merchants Bank.

Authorization effective time: Estimated 1-2 working days.Generally. Please initiate a deposit request after the bank's authorization is approved which is subject to the notification of the bank.

It is recommended to refer to the following information when selecting [Payment Amount] and [Expiry Date] on the bank side:

Payment Account No.Your HKD bank account, please make sure you have sufficient funds in the account
Payment AmountPlease set the limit based on your needs, you may set [No Upper Limit]
Expiry DatePlease set the date based on your needs, you may set [Until Further Notice]

4. Credited Time

There is no limit for Long Bridge HK Limited. Please pay attention to whether there is a transfer limit on the bank.

Deposit TimeCredited Time
HK Stock Trading DayWithin 5 Minutes
Other TimeBefore 09:40 of next HK Stock Trading day

*If the Hong Kong stock market is closed, the credited time will be postponed.*If the Hong Kong stock market is closed, the credited time will be postponed.

5. eDDA Deposit Fees

Free of charge

6. Disclaimer

The screenshots of the above guidelines are shared by users and are for reference only. If there is any discrepancy in the screenshot, the actual interface of the bank shall prevail. Please confirm with the bank to fill in the information. Long Bridge HK Limited will not be responsible for any losses caused by this guideline.

These guidelines may contain links to third-party websites for the convenience of users. Long Bridge HK Limited is not responsible for the contents of any websites linked to or from this website. The company (whether express or implied) does not guarantee the accuracy, legality, reliability or validity of any contents on any other websites.

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