Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions)
Ordinance
Schedule 2
A897
Part 2—Division 2
Ord. No. 15 of 2011
- paying for goods or services with a credit or debit card), except when the card is used to effect a transfer of money; and
- (ii) the credit card or debit card number is included in the message or payment form accompanying the transfer.
(3) Before carrying out a wire transfer, a financial institution that is an ordering institution must record—
- (a) the originator’s name;
- (b) the number of the originator’s account maintained with the financial institution and from which the money for the wire transfer is paid or, in the absence of such an account, a unique reference number assigned to the wire transfer by the financial institution; and
- (c) the originator’s address or, in the absence of an address, the originator’s customer identification number or identification document number or, if the originator is an individual, the originator’s date and place of birth.
(4) The information mentioned in subsection (3)(a) and (c) must, before it is recorded, be verified by the financial institution on the basis of documents, data or information provided by—
- (a) a governmental body;
- (b) the relevant authority or any other relevant authority;
- (c) an authority in a place outside Hong Kong that performs functions similar to those of the relevant authority or any other relevant authority; or
- (d) any other reliable and independent source that is recognized by the relevant authority.
