Document background
The Fund Transfer Confirmation Letter is a crucial document in Hong Kong's financial landscape, used to provide formal written confirmation of fund transfers between parties. This document is essential in various contexts, from simple bank transfers to complex financial transactions, and must comply with Hong Kong's Banking Ordinance (Cap. 155) and Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615). The letter includes vital information such as transfer amounts, party details, transaction dates, and reference numbers, serving as official evidence of the transfer. It is particularly important in Hong Kong's role as an international financial center, where clear documentation of financial transactions is essential for regulatory compliance and audit purposes. The document can be used for both domestic and international transfers, requiring careful attention to relevant cross-border regulations when applicable.
