Payment Arrangements for Property Transactions (PAPT)

To enhance customer protection and efficiency of payment, the banking industry provides customers with an additional payment arrangement for property transactions (PAPT) as an alternative to the existing arrangement. PAPT applies to refinancing and conveyancing transactions of residential properties in Hong Kong (including car parking space in a residential building whether independently or together with a residential unit).

PAPT Leaflet (Click here)

 

Education Video