Deposit / Withdrawal Service Charges
Funding
| Services |
Handling Time |
Charge |
| Fund Deposit |
In general, if you use HK local bank transfer and notify before 17:00 on the working day, the fund can arrive in the account on the same day |
Solomon has no charge, all bank charges will be deducted from the deposit amount |
| Fund Deposit (Wire transfer) |
In general, the arrival time is expected to be 3 - 5 business days. |
Solomon has no charge, all bank charges will be deducted from the deposit amount |
| Fund Withdrawal to HK local bank account |
Handled within the same working day if the withdraw instruction submitted before 12:00 noon, any withdrawal request received after 12:00 noon will be processe... |
Solomon will not charge any fee on providing fund withdrawal service, all bank charges will be de... |
| Fund Withdrawal to overseas bank account |
Handled within the same working day if the withdraw instruction submitted before 12:00 noon, any withdrawal request received after 12:00 noon will be processe... |
Solomon will not charge any fee on providing fund withdrawal service, all bank charges will be ded... |
| Currency Exchange |
Instant exchange at the bank's reference exchange rate |
Solomon has no extra commission |
Note:
- Customer deposits and withdrawals must be made through the bank. Solomon does not accept third-party deposit and withdrawal. Please make sure that the name of the bank account matches the name of the trading account.
- Solomon do not accept any cash deposit or e-wallet transfer.
- Due to China government implement Foreign Exchange Control policy, Hong Kong local banks do not accept wire transfers to China mainland bank accounts.
- For deposits by remittance (RTGS/CHATS/TT), the receiving bank charges are HK$15-80 per transaction.
- For local bank account withdrawals processed by CHATS/RTGS, especially for USD withdraw, the bank charges are HK$55-150 per transaction charged by our banks. Bank charges may be incurred by receiving bank.
- For overseas bank account withdrawals by Tele Transfer (TT), the bank charges are HK$125-200 per transaction charged by our banks. Besides, bank charges may be incurred by intermediary bank and receiving bank.
- The arrival time of international remittance depends on the processing time of the intermediary bank and the beneficiary bank. In general, it will be remitted to the beneficiary's account within 3-5 working days.
- Solomon selects the best withdrawal method by considering cost and efficiency.
- Currency exchange is affected by foreign exchange fluctuations. Solomon currently provides mutual exchange of HKD, USD and CNH.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 1 Jan 2023