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Electronic Payment and Deposit

* By arranging Electronic Payment and Deposit (“EPD”) service through BEA New York Branch, 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 account or money market deposit account for vendor payments and collections.
* You can also pre-authorize a third party to initiate payments automatically from your deposit account for salary, or vendor or tax payments.
If you have any questions about EPD, please email us at BEANYinfo@hkbea-us.com or call (212) 238-8200.