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 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).
Related Document
- PAPT Document for Refinancing
- PAPT Document for Sale and Purchase coming soon
E-leaflets
- PAPT for Refinancing
- PAPT for Sale and Purchase - Desktop Version
- PAPT for Sale and Purchase - Mobile Version
Enquiries
If you wish to learn more about PAPT and its benefits, please contact your bank or solicitor for further details.