The Deposit Authorization Form is a crucial banking document used in Hong Kong's financial sector to establish formal authorization for deposit arrangements. This document is essential when setting up recurring deposits, third-party deposit authorizations, or specific deposit instructions for bank accounts. It ensures compliance with Hong Kong banking regulations, including the Banking Ordinance (Cap. 155) and anti-money laundering requirements. The form typically captures detailed account holder information, specific deposit instructions, terms and conditions, and necessary declarations. It serves as a protective measure for both the bank and the account holder by clearly documenting the agreed deposit arrangements and associated terms.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Account Holder Information: Details of the account holder including full name, ID/passport number, and contact information
2. Bank Account Details: Specific details of the bank account(s) involved in the authorization, including account numbers and account types
3. Authorization Details: Specific instructions regarding the deposit authorization, including amount, frequency, and duration if applicable
4. Terms and Conditions: Standard terms governing the deposit authorization arrangement
5. Declaration: Customer's confirmation of understanding and agreement to the authorization terms
6. Data Privacy Statement: Statement regarding the collection and use of personal data in accordance with PDPO
7. Signature: Space for account holder's signature and date
1. Joint Account Holder Details: Required when the authorization involves a joint account, including additional account holder information and signatures
2. Corporate Authorization: Required for corporate accounts, including authorized signatories and company chop requirements
3. Foreign Currency Declaration: Required when the authorization involves foreign currency deposits, including exchange rate acknowledgments
4. Standing Instruction Details: Required for recurring deposit arrangements, including frequency and duration details
5. Third Party Authorization: Required when deposits are authorized from/to third party accounts, including relationship declaration
1. Schedule of Authorized Accounts: List of all accounts covered by the authorization when multiple accounts are involved
2. Schedule of Deposit Instructions: Detailed breakdown of complex deposit instructions or multiple deposit arrangements
3. Appendix A - Supporting Documents Checklist: List of required supporting documents for different types of authorizations
4. Appendix B - Fee Schedule: Schedule of applicable fees and charges related to the deposit authorization service
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Insurance
Investment Management
Corporate Services
Retail Banking
Commercial Banking
Wealth Management
FinTech
Payment Services
Relevant Teams
Operations
Compliance
Legal
Customer Service
Risk Management
Account Management
Product Development
Treasury
Client Onboarding
Regulatory Affairs
Relevant Roles
Bank Branch Manager
Account Relationship Manager
Compliance Officer
Banking Operations Manager
Customer Service Representative
Financial Services Officer
Risk Management Officer
Legal Counsel
Treasury Operations Manager
Client Onboarding Specialist
Banking Products Manager
Regulatory Compliance Analyst
Find the exact document you need
OLA Service Level Agreement
A Hong Kong law-governed service level agreement defining performance standards and metrics for Ola's ride-hailing services.
Download
Nda (Technology)
Hong Kong law-governed NDA designed for protecting technical and technological confidential information, suitable for both established companies and startups.
Download
General Risk Assessment Form
A structured workplace safety assessment tool compliant with Hong Kong's occupational safety regulations, used for identifying and managing workplace risks.
Download
Overloan Agreement
A Hong Kong law-governed agreement establishing terms for extending credit beyond existing facility limits, including repayment terms and security arrangements.
Download
Critical SLA
A Hong Kong law-governed Critical Service Level Agreement defining essential service commitments and performance standards for mission-critical services.
Download
Securities Purchase Agreement
A Hong Kong law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations.
Download
Personal Data Processing Agreement
Hong Kong law-governed agreement setting out terms for processing personal data, ensuring PDPO compliance and data protection safeguards.
Download
Third Party Risk Assessment
A risk assessment framework for third-party relationships compliant with Hong Kong regulations and international standards.
Download
Stock Photo License
A Hong Kong law-governed agreement for licensing and using stock photographs, establishing usage rights, restrictions, and fees.
Download
Share Sale Deed
A Hong Kong law-governed deed for the sale and transfer of shares between parties, detailing all terms and conditions of the transaction.
Download
Personal Loan Repayment Agreement
A Hong Kong law-governed agreement setting out terms and conditions for personal loan repayment, including loan amount, interest, and repayment schedule.
Download
Third Party Payment Contract
A Hong Kong-governed agreement establishing terms for third-party payment processing arrangements, including regulatory compliance and operational procedures.
Download
Convertible Note Contract
A Hong Kong law-governed agreement documenting terms of a debt investment that can convert into company equity, typically used in startup funding rounds.
Download
Business Sales Agreement Form
A Hong Kong law-governed agreement establishing terms for business-to-business sales transactions.
Download
Model Form Contract
A standardized contract template governed by Hong Kong law, designed for commercial relationships and adaptable to various business arrangements.
Download
Global Collateral Account Control Agreement
A Hong Kong law-governed agreement establishing control rights over global collateral accounts, defining the relationships between account holder, secured party, and account bank.
Download
Deposit On Purchase Agreement
A Hong Kong law-governed agreement that establishes terms for property purchase deposits, including payment conditions, forfeiture rules, and completion requirements.
Download
Security Logging Policy
An internal policy document establishing system logging requirements and procedures compliant with Hong Kong regulations and cybersecurity guidelines.
Download
Platform SLA
A Hong Kong law-governed Service Level Agreement defining performance standards and operational commitments for platform services.
Download
Pledge Note
A Hong Kong law-governed security document creating a pledge over specified assets to secure underlying obligations.
Download
Real Estate Sales Contract For Sale By Owner
A Hong Kong law-governed real estate sales contract for direct property transactions between owners and buyers, without agent involvement.
Download
Collateral Account Control Agreement
A Hong Kong law agreement establishing control over a deposit account as collateral security, between an account holder, secured party, and deposit bank.
Download
Collateral Account Agreement
A Hong Kong law-governed agreement establishing security over a bank account and its contents, detailing account control and enforcement rights.
Download
Security Service Termination Letter
A formal notice under Hong Kong law to terminate security service arrangements between a provider and client, including termination terms and transition requirements.
Download
Convertible Bond Subscription Agreement
A Hong Kong law-governed agreement setting out terms for investing in convertible bonds, including subscription details and conversion rights.
Download
Key Employee Agreement
Hong Kong-governed employment agreement for senior executives and key employees, including comprehensive terms and protections for both parties.
Download
Bank Account Pledge Agreement
A Hong Kong law-governed agreement creating security over bank accounts in favor of a lender/security agent to secure financial obligations.
Download
Collateral Management Agreement
A Hong Kong law-governed agreement establishing terms for managing collateral arrangements between financial institutions, including custody, valuation, and enforcement rights.
Download
Convertible Notes Agreement
A Hong Kong law-governed agreement establishing terms for a debt investment that can convert into company equity, including conversion mechanisms and investor protections.
Download
Convertible Agreement Regarding Equity
A Hong Kong law-governed agreement providing investors with rights to future equity in startups, typically used for early-stage funding.
Download
Intercompany Trademark License Agreement
A Hong Kong law-governed agreement for licensing trademarks between companies within the same corporate group, establishing usage terms and compliance requirements.
Download
Informal Rental Agreement
A simplified residential rental agreement template compliant with Hong Kong law, designed for straightforward property rental arrangements.
Download
Debenture Loan Agreement
A Hong Kong law-governed agreement combining loan provisions with security arrangements over company assets, creating fixed and floating charges to secure the borrower's obligations.
Download
Convertible Debenture Agreement
A Hong Kong law-governed agreement establishing a debt instrument that can be converted into company shares, detailing loan terms and conversion mechanisms.
Download
Collateral Security Agreement
A Hong Kong law-governed agreement creating security interests over specified collateral to secure defined obligations, including enforcement and perfection mechanisms.
Download
Commercial Photography Contract
A Hong Kong-governed contract establishing terms and conditions for commercial photography services, including usage rights and deliverables.
Download
Promissory Note And Deed Of Trust
A Hong Kong law-governed instrument combining a promissory note with trust arrangements to secure debt obligations and manage associated assets.
Download
Credit And Collection Letter
A formal payment demand document used in Hong Kong to request settlement of outstanding debts, compliant with local financial and privacy regulations.
Download
Contract Of Sale Of Motor Vehicle
A Hong Kong-governed agreement for the sale and transfer of ownership of a motor vehicle, including essential terms and conditions under local law.
Download
Collateral Sharing Agreement
A Hong Kong law-governed agreement establishing arrangements between multiple creditors for sharing and managing common security interests and collateral.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)