Additional Payment Arrangement for Property Transactions (PAPT)
Last updated: 04 November 2022
Additional Payment Arrangement 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.    Endorsed by the Hong Kong Monetary Authority, PAPT applies to refinancing transactions of residential properties in Hong Kong (including car parking space in a residential building whether independently or together with a residential unit).  For details, please refer to the e-leaflet below.

Related Document
The detailed operational processes of PAPT for banks, law firms and customers are set out here.


If you wish to learn more about PAPT and its benefits, please contact your Bank for further details.