Hong Kong Home Sales: Faster, Secure Bank Transfers Now Allowed
Hong Kong Property Transactions to Shift to Faster Bank Transfers Hong Kong is poised to modernize its residential property transaction process, moving away from traditional cheque-based settlements. The Hong Kong Monetary Authority (HKMA) announced today a significant expansion of the Payment Arrangements for Property Transactions (PAPT) scheme, enabling the majority of second-hand home purchases to … Read more