Banks shut branches and ATMs as Hong Kong unrest grows

Several banks in Hong Kong, including Standard Chartered, have shut down branches and ATMs and advised customers to use online and mobile services, as tensions between pro-democracy demonstrators and police on the island grow.

  3 Be the first to comment

Banks shut branches and ATMs as Hong Kong unrest grows

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Standard Chartered says over-the-counter and cheque deposit services, as well as ATMs and cash and deposit machines, will be "temporarily suspended until further notice due to situations in certain areas".

The move affects five branches, with customers told to visit other sites or carry out transactions via the bank's mobile or online channels.

Several other banks have also taken measures in response to the huge protests, which flared up over the weekend when thousands of people took to the streets to demand full democratic powers from the Chinese government.

According to the Hong Kong Monetary Authority, a total of 44 branches, offices or ATMs of 23 banks were temporarily closed on Monday. The body says that it has told these banks to "resume normal service...as soon as circumstances permit to minimise the inconvenience to customers".

Sponsored [On-Demand Webinar] Reaping the benefits of Hyper-Personalisation with AI and Application Modernisation

Comments: (0)

[Webinar] 2025 Fraud Trends: Synthetic Identity, AI and Incoming MandatesFinextra Promoted[Webinar] 2025 Fraud Trends: Synthetic Identity, AI and Incoming Mandates