HK$10,000 payout from July through 21 banks

The much-awaited HK$10,000  cash payout will be distributed from July through 21 leading banks which signed service agreements with the government today.

The 21 banks will provide the electronic registration platform for the payout. To receive the payment with their sole-name bank account, eligible people may register through the bank's website or internet banking service, the fastest way to receive payment. They may also submit a paper registration form to a bank.

Financial Secretary Paul Chan Mo-po said preparations are in the final stage and registration would start by end June.

The participating banks are:

1. Bank of China (Hong Kong)
2. Bank of Communications (Hong Kong)
3. Bank of East Asia
4. China CITIC Bank International
5. China Construction Bank (Asia)
6. Chiyu Banking Corporation
7. Chong Hing Bank
8. Citibank (Hong Kong)
9. CMB Wing Lung Bank
10. Dah Sing Bank
11. DBS Bank (Hong Kong)
12. Fubon Bank
13. Hang Seng Bank
14. The Hongkong and Shanghai Banking Corporation
15. Industrial and Commercial Bank of China (Asia)
16. Nanyang Commercial Bank
17. OCBC Wing Hang Bank
18. Public Bank (Hong Kong)
19. Shanghai Commercial Bank
20. Standard Chartered Bank (Hong Kong)
21. ZA Bank