Hong Kong authorities warn of service disruption at bank branches

Maria Nikolova

Some banks have to suspend services at certain branches due to vandalised facilities and traffic disruptions, HKMA said.

Protests in Hong Kong have affected the normal operations of many businesses, including financial institutions, such as HSBC and Standard Chartered. On Saturday, October 5, 2019, the Hong Kong Monetary Authority (HKMA) issued a notice informing the public that some banks have to suspend services at certain branches due to vandalised facilities and traffic disruptions.

The regulator advises bank customers to use online banking or ATM services as far as possible, and check bank branches service status before visiting. HKMA notes that this service disruption was the result of extraordinary circumstances.

Recent incidents of vandalism and arson attacks have seriously affected the use of banking services by the public. Any form of vandalism and violence should be condemned, the regulator says.

HSBC has posted a notice on its website stating that:

“HSBC Hong Kong Office & Premier Centre, Hong Kong Office Commercial Service Centre, Mong Kok Branch & Premier Centre, Tsim Sha Tsui Branch & Premier Centre, Tsuen Wan Branch & Premier Centre and Kwun Tong Branch & Premier Centre maintain normal service while all other branches are closed on 5 October 2019. HSBC customers can use the Bank’s Internet Banking, Mobile Banking, Phone Banking or self-service banking terminals. We are sorry for the inconvenience and will provide updates on the operation of our outlets as the situation evolves”.

Standard Chartered has also published a service suspension notice on its website:

Read this next

blockdag

Crypto News: BlockDAG’s X30 Miner Excels in Crypto Mining While Ethereum & XRP Prices Fall

Learn how BlockDAG’s X30 Miner remains a solid investment despite Ethereum’s price volatility and XRP’s declining trends.

Digital Assets

SEC seeks $5.3 billion fine for Terraform and co-founder Do Kwon

Federal regulators are pursuing a fine of $5.3 billion against Terraform Labs and its co-founder Do Kwon for defrauding investors, following a recent verdict that found them liable for a multi-billion-dollar fraud.

Digital Assets

El Salvador’s Bitcoin wallet hacked by CiberInteligenciaSV

El Salvador’s official Bitcoin wallet, Chivo, has faced another security setback as the hacker group CiberInteligenciaSV released parts of the wallet’s source code on the black hat hacking forum BreachForums.

blockdag

BlockDAG’s $19.8M Presale & Moon Keynote Teaser Place It Above KANG, SOL, & ARB as the Top Crypto Investment in 2024

Uncover the success behind BlockDAG’s $19.8M presale and learn what’s making it a more compelling investment than KangaMoon, Solana, and Arbitrum.

Fintech

Revolut to share user interactions data with ad agencies

Fintech giant Revolut is exploring new revenue streams by planning to share customer data with advertising partners.

Chainwire

Zircuit Staking Soars Past $2B TVL In Only 2 Months

Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. 

Retail FX

PrimeXBT joins Financial Commission’s membership roster

The Financial Commission, an independent external dispute resolution (EDR) body, today announced the addition of cryptocurrency trading firm PrimeXBT as its latest member effective March 6, 2024.

Digital Assets

Ripple wants to reduce SEC’s $2 billion penalty to $10 million

Ripple Labs has responded to the U.S. Securities and Exchange Commission’s (SEC) recent demand for $2 billion in penalties, arguing that the amount should be substantially reduced to $10 million. The legal stance was disclosed in a court document filed late Monday.

blockdag

Analysts Go Bullish On BlockDAG After Its Surge to $0.005 And Unique Developer Platform That Goes Beyond Ethereum & BONK

Discover how BlockDAG’s unique low-code and no-code platforms offer more adaptability than Ethereum’s bull run and BONK’s fluctuating prices.

<