*INPM*

To : HSBC Provident Fund Trustee (Hong Kong) Limited

c/o The Hongkong and Shanghai Banking Corporation Limited
PO Box 73770 Kowloon Central Post Office 73770
or
Place into the MPF drop-in box at designated HSBC branches

HSBC MPF Employer Hotline 2583 8033

HSBC MPF Member Hotline 3128 0128
INPM
SCHEME MEMBER’S REQUEST FOR FUND TRANSFER FORM
(for self-employed person, personal account holder or employee ceasing employment) URIDINPM

Sections 145, 146, 147, 148 and 149 of the Mandatory Provident Fund Schemes (General) Regulation (Cap 485A)
485A 145 146 147 148 149

Note
1. Please complete in CAPITAL and BLOCK LETTERS and tick  the appropriate box(es). 
2. Please read the Notes to Transfer of MPF Accrued Benefits (Benefits) by Scheme Member and Explanatory Notes carefully before completing
this Form.
3. The personal data to be supplied in support of this election of transfer are to be used for processing your election of transfer. The personal data
you supply may, for such purpose, be transferred to the trustee(s) concerned, the relevant service provider(s), and the government or regulatory
bodies including the Mandatory Provident Fund Schemes Authority (MPFA).

4. Please provide a certified true copy of your HKID card, if this was not previously provided or if there has been any change of information contained
in your HKID card. If you are NOT a holder of a HKID card, please provide a certified true copy of your passport. (Applicable for electing to
transfer-out the benefits from HSBC MPF scheme)

5. Certified true copies should be certified by any of the following personnel

— A certified public accountant/lawyer/banker/notary public acceptable to entities of HSBC Group; or

— A member of Hong Kong Institute of Chartered Secretaries (HKICS); or

— A MPF specialist at HSBC designated branches – You may bring along your HKID card/passport to any one of HSBC designated branches
for verification purpose. For the information about the HSBC designated branches, please visit .
–

6. ‘Registered Scheme’ means a retirement benefits scheme registered under section 21 or 21A of the ‘MPF Ordinance’.
21 21A
7. For an employee who has ceased employment, wishes to transfer the benefits from the employee’s MPF contribution account, the employer’s
written notification of the employee’s cessation of employment to the original trustee is required. If the employer fails to do so, the transfer
processing in respect of the respective MPF account(s) stated on the form may possibly be delayed until the administrator of HSBC MPF
scheme receives the termination notification or relevant documents.

8. Please note that if any of your change of investment instruction is scheduled on any day that the transfer of benefits of the MPF account(s) as
stated in this Form is to be processed, your change of investment instruction will not be processed if your MPF account(s) will be terminated
after the transfer of benefits is completed. In addition, the information of your terminated MPF account(s) will not be shown in HSBC website
and HSBC Mobile Banking app.

9. If there is any new contribution or transfer in amount received under your HSBC MPF account, your request for fund transfer out (if applicable)
would be processed after such new contribution or transfer in has completed the subscription investment.

10. (Applicable to Member who opts-in for MPF e-Statement / e-Advice )

Please be reminded to save/print all previously issued MPF e-Statement / e-Advice, where applicable, of your to-be-closed MPF account for
record purpose. The MPF e-Statement / e-Advice will not be available via HSBC Online banking after the relevant MPF account is closed.

11. The information provided will be used in accordance with the relevant MPF Ordinance and/or its Regulations and the same manner as mentioned
in the “Personal Information Collection Statement for HSBC Mandatory Provident Fund” (“PICS”). The PICS can be obtained through HSBC
MPF website or MPF hotline 2583 8033 (Employer) or 3128 0128 (Member). By signing this form, your present choice
of receiving direct marketing information will remain unchanged. If you wish to update the use of your personal data for direct marketing
purpose as stated in the PICS from the HSBC MPF scheme, you may exercise your right by notifying us.

2583 8033 3128 0128

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SECTION I – SCHEME MEMBER’S DETAILS I —
(1) Full name same as that shown on your HKID card Note 1 1

Surname Given name

(2) Identification
HKID Card number Passport number
ONLY for scheme member without HKID Card

(3) Correspondence address1 1

Room/Flat Floor Block Name of building

Name of estate Number and name of street/road

□ HK □ KLN □ NT □ Others
District/Postal code City Country/Region

(4) Contact details1 1

Country/Region code Area code Phone no.

Day time contact no.2 2

Mobile phone no.2 2

Email address (if any)

1
After verifying the signature provided in this transfer form, the correspondence address and contact details will be updated accordingly for the scheme
member’s other relevant MPF scheme accounts under HSBC MPF for future correspondence. The transfer statement and cheque (if any) related to this
transfer request will be sent to this correspondence address after completion of this transfer request. If you are also a user of the HSBC Online Banking
and Mobile Banking services solely for your participation in the HSBC MPF scheme without having a bank account with HSBC (“MPF only”), please
provide your correspondence address in English, mobile phone number, and email address in this form. Otherwise, your HSBC Online Banking and
Mobile Banking services (MPF only) and request for regeneration of a Personal Identification Number (PIN) may be affected.

2
If you are providing overseas contact details outside Hong Kong SAR, please also include the correct Country/Region Code and Area Code. However, for overseas mobile
numbers, usually there is no need to add an Area Code and you may check with your telecommunications service provider for details.

SECTION II – TRANSFER INFORMATION II

(5) MPF account information in the original scheme
Name of original trustee Note 2 2

Name of original scheme Note 2 2

Type of MPF account (please select ONE of the following accounts and  as appropriate):

□ Personal account OR □ Contribution account
Scheme member’s account number Note 2 2

(Scheme ID )
MPF membership number

(6) Details of former employment applicable for employee who wishes to transfer-out the benefits from a contribution account
after cessation of employment
Name of former employer
Employer’s identification number Note 3 3

Employer ID

(7) Details of self-employed status applicable for self-employed person only

Please indicate your reason of transfer and  as appropriate 

□ Cessation of self-employment, with effect from

YYYY MM DD

□ I will remain in self-employment and my benefits will be transferred to another scheme

stated in section III(8). Contributions to the original scheme should be paid up to
III (8) YYYY MM DD
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SECTION III – TRANSFER OPTIONS Note 8, 9 III 8, 9

(8) Mandatory contributions

MPF account information in the new scheme
I elect to transfer the benefits derived from the mandatory contributions in my account stated in section II(5) to the following account (Please select option
(a), (b) OR (c) and  as appropriate) II (5) (a) (b) (c)

□ (a) To my contribution account with my new employer
Name of new trustee Note 4 4
□ HSBC PROVIDENT FUND TRUSTEE (HONG KONG) LIMITED
□ Others, please specify

Name of new scheme Note 4 4

□ HSBC MPF – SuperTrust Plus
□ Others, please specify

Scheme member’s account number Note 4 4

MPF membership number

Name of new employer
Employer’s identification number Note 3 3

Employer ID/Scheme ID

□ (b) To my designated account in the new scheme

Name of new trustee Note 4 4
□ HSBC PROVIDENT FUND TRUSTEE (HONG KONG) LIMITED
□ Others, please specify

Name of new scheme Note 4 4

□ HSBC MPF – SuperTrust Plus
□ Others, please specify

Scheme member’s account number Note 4 4

MPF membership number

Employer’s identification number Note 3 3

Employer ID/Scheme ID

□ (c) Retained in the original scheme as personal account (where applicable) Note 7 7

(9) Voluntary contributions not including Flexi-Contributions

Arrangement of my voluntary contributions Note 5 (if any) in my account stated in section II(5). II (5) 5

Please select option (a) OR (b) and  as appropriate (a) (b) 

Remarks: If you do not select any options but there are benefits derived from voluntary contributions, those benefits will be handled
in the same way as those stated in section III(8). If there are no such benefits in your account and you have made an election in section
III(9), the selected option will not be processed.
III (8) III (9)
□ (a) Transferred together with the benefits derived from the mandatory contributions as in section III(8). III (8)

□ (b) Withdrawn in accordance with the governing rules of the original scheme.
Method of payment (please  as appropriate) 
(The direct deposit service is only available for bank account with sole account holder. For verification purpose, please provide
supporting document which shows bank account number and name of account holder, such as copy of bank statement, copy
of bank ATM card or copy of bank reference letter etc. If the relevant supporting document is not provided, the administrator of
HSBC MPF scheme is unable to proceed with direct deposit to your bank account and the method of payment will be changed
to be by cheque without prior notice.

)
(i) □ By depositing directly into a bank account under the sole name of scheme member only (a bank account under the name of a third party
is not applicable). (This option is applicable only to trustees who provide such services and there may be bank charges involved. Please
check with the original trustee for details.)

Name of bank account holder

Name of bank
INPM v32/0423 (0423) H

Bank account number

(ii) □ By cheque

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SECTION III – TRANSFER OPTIONS Note 8, 9 (CONT'D) III 8, 9

(10)Flexi-Contributions

Flexi-Contributions will be retained at HSBC Master Trust until a closure of the Flexi-Contribution account request is received by The Hongkong and
Shanghai Banking Corporation Limited.

SECTION IV – TERMINATION OF MPF ACCOUNT WITH NO RESIDUAL BALANCE (IF APPLICABLE)

IV
(11) I hereby give the original trustee an instruction to terminate my relevant MPF member account as referred to in section II(5) upon transfer of the full benefits
to the new trustee and there is no residual balance in the said account. II (5)

SECTION V – DECLARATION AND AUTHORISATION V

(12) I hereby give consent to the MPFA, HSBC Provident Fund Trustee (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited
and the new trustee to disclose information supplied by me in support of this election of transfer to the trustee(s) concerned and the relevant service
provider(s), or to enable such party or parties to access or disclose relevant information for processing my election of transfer.
HSBC Provident Fund Trustee (Hong Kong) Limited
,
(13) I understands and agrees that the Flexi-Contributions (if any) in the Existing Employer’s MPF scheme will continue in an independent Flexi-Contribution
account under the current scheme, and the investment mandate of future contributions and benefits transferred from another scheme of this
independent Flexi-Contribution account will be the same as the investment mandate of the Flexi-Contribution account under the Existing Employer’s
MPF scheme, which can be DIS or own investment option, unless an independent Flexi-Contribution account exists at the time of transfer.

(14) (Only applicable to fund transfer to HSBC MPF – SuperTrust Plus )

I authorise HSBC Provident Fund Trustee (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited to obtain the necessary
information in respect of my MPF account(s) from the original trustee, to make any necessary amendment(s) to this form and to pass the copy of my
identification document to the original trustee if it is so required, solely for the purpose of processing this transfer. HSBC Provident Fund
Trustee (Hong Kong) Limited

(15) I declare that

(a) I have read and understood the Notes to Transfer of MPF Accrued Benefits (Benefits) by Scheme Member and the Explanatory Notes; and

(b) to the best of my knowledge and belief, the information given in this Form is correct and complete; and

(c) I have read and understood the full details of this form (including the Notes on this form) and agree to abide by the rules stated herein.

x
Signature of the scheme member Note 6 6
Date
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 NOTES TO TRANSFER OF MPF ACCRUED BENEFITS (BENEFITS)
BY SCHEME MEMBER
(for self-employed person, personal account holder or employee ceasing employment)
Sections 145, 146, 147, 148 and 149 of
the Mandatory Provident Fund Schemes (General) Regulation (Cap 485A)

485A 145 146 147 148 149

Please read the following important notes before completing INPM Form. INPM

(1) Definition of terms

(a) “Contribution account” – an account in an MPF registered scheme (scheme) which is mainly
used to receive MPF contributions (both employer and employee
portions) made by an employer for an employee and on behalf of the
employee or by a self-employed person.

(b) “Personal account” – an account in a scheme which is mainly used to receive the benefits
transferred from another contribution or personal account.

(c) “Original trustee” (also known – the trustee of a scheme from which your benefits are to be
as “transferor trustee” in the transferred.
Mandatory Provident Fund
Schemes (General) Regulation
(the Regulation))
)
(Please tear off

(d) “New trustee” (also known – the trustee of a scheme to which your benefits are to be transferred.
as “transferee trustee” in the If you elect to transfer your benefits to another account within the
Regulation) same scheme or to another scheme under the same trustee, the
new trustee on INPM Form will be the same as the original trustee.

INPM

(e) “Original scheme” – the scheme from which your benefits are to be transferred.

(f) “New scheme” – the scheme to which your benefits are to be transferred. If you
elect to transfer your benefits to another account within the same
scheme, the new scheme on INPM Form will be the same as the
original scheme.
INPM

(2) If you are currently investing in an MPF guaranteed fund, a transfer of the benefits out of that guaranteed
fund may result in some or all of the guarantee conditions not being satisfied; thus affecting your entitlement
to the guarantee. Please check the offering document of the original scheme or consult your original trustee
for details.

(3) If you wish to transfer your benefits from one scheme to another, please be aware of how the transferred-
in benefits will be invested. In general, the transferred-in benefits will be invested according to the default
investment strategy (DIS) if you either (a) do not give or have not given any investment instructions for the
account to your new trustee or (b) have given investment instructions for the account to invest benefits
according to the DIS. Please approach your new trustee to seek clarification, where necessary. If you wish to
change or specify an investment instruction for the account in the new scheme, please also approach the new
trustee. (a)
(b)
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(4) If you have reached, or are approaching, the age of 50 and your benefits are currently invested according to
the DIS of the scheme, you should be aware that the de-risking mechanism of the DIS starts at the age of 50.
If the annual de-risking of your investment in the DIS and your transfer request take place at around the same
time, the trustee of the scheme shall sequence the de-risking and the transfer request in accordance with its
procedures and in compliance with the Mandatory Provident Fund Schemes Ordinance. Please consult the
relevant trustee(s) if you wish to know the details of how the trustee(s) will handle these transactions.
50
50

(5) Please ensure that you have a personal account or a contribution account in the new scheme. Otherwise, you
have to enrol in that scheme before you submit INPM Form to the new trustee.
INPM

(6) If you wish to transfer-out the benefits from more than one accounts, you should submit a separate INPM
Form for each of those accounts. INPM

(7) If you wish to transfer-out the benefits from your contribution account during employment, you should
complete Form MPF(S)-P(P)[INEC]. MPF(S)-P(P)
[INEC]

(8) For each account, a scheme member should transfer the entirety of his benefits therein in a lump sum
except the part of the benefits derived from voluntary contributions which the scheme member may elect to
withdraw in accordance with the governing rules of the original scheme.

(9) In order to prevent a third party from filling in incorrect information, please DO NOT sign on a blank form.
After the completed INPM Form has been received by the new trustee, the administration procedures taken
by the trustees may not be reversible.
INPM

(10) If any information provided on INPM Form (including the signature) is incorrect or incomplete, the trustees
may not be able to process your benefit transfer request. INPM

(11) Please refer to the publication of the MPFA available from the MPFA website ( ) for the
factors to consider when choosing a scheme and the potential risks involved in MPF investment.

(12) Information about the new scheme is set out in the offering document of that scheme. This information will
assist you in making a decision about whether to make a transfer of benefits to that scheme. Please contact
the relevant trustee for enquiries about account details and information on specific schemes or funds.

(13) If you wish to make enquiries or seek assistance in relation to your election to transfer benefit, please contact
your original trustee or new trustee. For general enquiries regarding benefit transfer, you may contact the
MPFA via email: [email protected] or hotline: 2918 0102.
[email protected]
2918 0102

Please complete INPM Form at page 1 to page 4 and submit it to the

new trustee after completion. Please detach this note and keep it for
reference.
1 4 INPM
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 Explanatory Notes

(1) If you do NOT possess a HKID Card, please fill in your name as shown on your passport.

(2) The transfer request may not be processed if the name of the original trustee, the name of the original scheme, your
scheme member’s account number in the original scheme, type of MPF account, the name of your former employer or the
employer’s identification number is not provided or is incorrect. This information can be found

(a) in your membership certificate, notice of acceptance, or notice of participation; or

(b) in your annual benefit statement, or other statements provided by the trustee; or

(c) through the member enquiry facilities available from the trustee.

If you are in doubt, please contact your original trustee or your employer.

(3) The employer’s identification number is the number assigned by the trustee to the employer concerned. Trustees may
use different names for this number (e.g. account number, company code, contract number, employer account number,
employer code, employer ID, employer number, MPF client number, participating plan number, plan number, scheme
number, scheme ID, sub-scheme number). The number can be found in the statements issued by the trustees or through
the member enquiry facilities available from the trustee. If you are in doubt, please contact your trustee or your employer.

(4) The transfer request may not be processed if the name of the new trustee, the name of the new scheme or your scheme
member’s account number in the new scheme is not provided or is incorrect. The information can be found

(a) in your membership certificate, notice of acceptance, or notice of participation; or

(b) in your annual benefit statement, or other statements provided by the trustee; or

(c) through the member enquiry facilities available from the trustee.

You may, however, leave the scheme member’s account number blank if you have recently enrolled in the scheme and
have not been notified of the new account number. If you are in doubt, please contact your new trustee.

(5) A scheme member can check whether his existing MPF account contains any benefits derived from voluntary contributions
from his annual benefit statement issued by the original trustee to the scheme member. The scheme member can also
check this information through the member enquiry facilities available from the trustee. If you are in doubt, please contact
your original trustee.

(6) The signature must be the same as your specimen signature previously given to your original trustee. Please note that the
transfer may not be processed if the signature provided in this Form does not match your specimen signature previously
given to your original trustee. If you are in doubt, please contact your original trustee.
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(7) A self-employed person elected to transfer the benefits to a personal account should complete option (b) under section
III(8). III (8)(b)

(8) If you are electing a transfer of your benefits, from one account to another account or a personal account within the same
HSBC MPF scheme, the transfer of benefits is effected by way of unit transfer without any redemption, regardless the
investment allocation in new account. If you wish to change the investment allocation, please complete and submit to us
the change of investment instruction form according to your investment objectives. Please refer to the Member Service
Guide for the detailed information of change of investment allocation. You may download the relevant form from HSBC
website or contact our HSBC MPF Member Hotline 3128 0128 for assistance. For all other types of
transfer, transfers will be effected by way of redemption of units, and the redemption proceeds will be reinvested according
to the new investment allocation instruction. In such case, the transfer will be subject to ‘out-of-market risk’ as a result of
the time gap between the redemption from the existing MPF account and investment in your designated account.

3128 0128

(9) Please note that all or part of your benefits in excess of any offsetting amount of severance payment or long service
payment by your former employer upon your cessation of employment will be transferred in the manner prescribed in (8)
above. 8

END

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