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Electronic Payment and Deposit

* By arranging Electronic Payment and Deposit (“EPD”) service through the Bank, you can save time and money monitoring your periodic payments and receipts when writing and mailing checks for the payment of bills and depositing checks that you receive
* You can pre-authorize a third party to automatically deposit funds into your checking accounts, NOW accounts, money market deposit accounts, or savings accounts. Such funds include social security payments, salary, and pension plan payments
* You can also pre-authorize a third party to initiate payment automatically from your deposit account. These include periodic mortgage loan payments and insurance premiums
   
If you have any questions about EPD, please email us at BEAUSAinfo@hkbea-us.com or call (212) 238-8208.