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Registration for $10,000 payout scheme opens; HKMA warns of fraudulent websites

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The registration for the Hong Kong government’s Cash Payout Scheme of $10,000 for all adult permanent residents in Hong Kong is now open.

The 21 participating banks have started accepting electronic applications from 7am on June 21.  Special arrangements to facilitate the submission of registration forms from 9am to 5pm have also been arranged with 1,000 banks and 120 post offices across the territory.

Those who opt for e-registrations through banks from June 21 to June 30 can expect the cash payout scheme in their sole-name bank accounts from July 8. Internet banking users only need to provide their local contact number and choose an account to receive the payment.

In its press release, the government says there is “no need for the public to rush” for registration. Those who submit their e-registration after July 1 will receive the payment a week after registration.

People who do not have an e-banking account may register on the websites of the banks by providing their local contact number, their bank account number and the first four alphanumeric characters of their Hong Kong permanent ID card.

“People who wish to receive the payment by order cheques may submit an electronic registration form at the Hongkong Post website, or put the completed paper registration form (Form 2) into a drop-in box at a post office or mail it to GPO Box No. 182020,” the press release read.

“Registrants have to collect the cheque in person later at the chosen post office by producing the notification issued by Hongkong Post and their Hong Kong permanent identity card.”

Apart from one virtual bank (i.e. ZA Bank), all the participating banks will also accept registration by paper form (Form 1). People who do not opt to register online may put completed paper registration forms into drop-in boxes at banks or mail them to GPO Box No. 182020.

Registration by paper will be conducted in three batches based on the registrants’ birth year. The first batch (i.e. for persons born in 1955 or before) may submit the forms from June 21. Those submitting registration forms in the first two weeks will receive the payment or notification of cheque collection from July 20.

​Meanwhile, days prior to the Cash Payout Scheme announcement, the Hong Kong Monetary Authority has issued about 20 warnings on fraudulent websites posing as legitimate institutions, which include the 21 partner banks, in June alone.  They include suspicious apps from banks as well as phishing emails.

Anyone who has provided his or her personal information to the websites concerned or has conducted any financial transactions are urged to contact the bank concerned and report to the Police or contact the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force at 2860 5012.

The Hongkong Post has also issued a similar warning, saying staff of Hongkong Post are not allowed to amend the information provided on registration forms on behalf of the registrants, except for “some non-personal data (e.g. code of the post office for collecting cheque)”.

“Hongkong Post will not request registrants to provide personal information, including information on identity cards and addresses. The staff of Hongkong Post may ask the registrants to re-register. Any previous registration will then be voided,” it said on its website.

Hongkong Post adds, it will only call registrants using the designated telephone number “2908 0070” and those who have doubts about the authenticity of calls may contact the Hongkong Post hotline at 2921 2222. For more details, visit the Hongkong Post website.

For more information on the Cash Payout Scheme, visit: https://www.cashpayout.gov.hk/


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