Money Movement for Payroll

You know ADP as Hong Kong’s trusted HR and payroll services partner. Did you also know we offer a range of money movement services to organizations of all sizes? Our experienced financial, compliance and regulatory experts work behind the scenes to help ensure funds are moved quickly and accurately to employees and third parties.  

Save Time  

• One-stop service for all your payroll and related disbursements
• Automatically move net pay funds to each employee’s individual bank account and MPF funds to your MPF trustee
• Reduce manual calculations, remittances and reconciliations
• Fast, simple third-party reconciliation

  Reduce Costs  

• Reduce bank fees with consolidated debits
• Simplify your administration for payroll source deductions
• No need for companies to set up a Hong Kong bank account for payroll

  Simplify Reporting  

• Let ADP complete your bank reconciliations
• Annual statement of remittance simplifi es the busy year-end period
• Monthly transaction and balance report by individual employee provides you a clear view of
  fund movement

  Peace of Mind  

• ADP helps ensure your employees are paid on time and accurately
• Our friendly experts can help with exception management including stopped, recalled, rejected or
  returned items, or adjustments to your deduction items
• Let us help you automate payments to public trustee offices

  Improve Compliance  

• Well protected payroll related information with limited disclosure on a need-to-know basis to internal
  staff Integration with ADP payroll system to ensure data accuracy
• Close partnership with fi rst class banks to comply with all mandatory requirements and procedures