HKMA’s update on the operation of the banking system and financial market (5)

Press Releases

03 Oct 2014

HKMA’s update on the operation of the banking system and financial market (5)

Hong Kong dollar remained stable in the external markets over the past two public holidays in Hong Kong.  Hong Kong dollar was trading at 7.762 per US dollar at 8am today.  The Currency Board mechanism has been operating as usual and trading in Hong Kong dollar has been normal.  The Real Time Gross Settlement systems and the Central Moneymarkets Unit will continue normal functions today. 

According to the reports to the HKMA from banks as at 7am today, a total of 20 branches of 16 banks are affected and temporarily closed.  The number has gone down as compared to Tuesday because 13 branches in Causeway Bay, Mongkok and Admiralty have resumed services.  The HKMA has requested banks to resume normal services in other affected branches as soon as circumstances permit. 

Furthermore, due to the interruption to the normal distribution of bank notes and cheque clearing operations in the affected areas, some banks’ ATMs in those areas have suspended services (including cash withdrawal and deposit, and cheque deposit).   The HKMA has asked banks to ensure sufficient supply of bank notes in other ATMs, especially those along MTR lines, to cater for customers’ cash withdrawal needs. 

Customers should pay attention to the announcements on affected branches and ATMs by the relevant banks.  The HKMA will also publish relevant updated information from time to time.


Hong Kong Monetary Authority
3 Octorber 2014

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Last revision date : 03 October 2014