What problems do we solve (applicable scenarios)
Hong Kong Xintong's cross-border payment solution is aimed at overseas brands、Platform enterprise、SaaS、Cross-border e-commerce、Games and digital content、international trade、B2B service providers and licensed payment institutions (PSP/EMI/MSO/MSB)。We use "business can run through" + Compliance can be explained + "Funds can be liquidated" as the core，Help customers in multiple regions、Multiple currencies、When multiple channels are parallel，can still maintainClear funding links、Risk controllableandregulatory deliverables。
Typical pain points：Payment success rate is unstable；Long settlement cycle、Difficulty in reconciliation；Compliance requirements are inconsistent across countries；Bank/Channel KYC Repeat；Sanctions and fraud risks rise；High chargebacks lead to soaring costs；Lack of auditable AML evidence chain。
Support multi-currency collection、Virtual account/local transfer deposit、Card Acquiring and APM，Optimize routing and settlement currencies by region，Improve success rates and reduce cross-border friction costs。
For suppliers、red man、commission、Refund、Scenarios such as salary，Provide batch instructions、Account arrival tracking and receipt management，Reduce manual operations and error rates。
Focus on settlement currency selection、exchange route、Netting and Capital Pool Management Design Rules，Reduce exchange losses and improve capital turnover efficiency。
Will KYC/KYB、Sanctions Screening、Transaction monitoring、Suspicious transaction handling and record retention embedded in business processes，Facilitates audit and regulatory inquiries。
Solution Architecture (Channel、Clearing, settlement and risk control)
We usually use "Multi-channel access + Intelligent routing + Unified accounting” structure，Taking into account the success rate、Cost and Compliance Controllability：
- channel layer：Card organization/acquiring bank、International Remittance (SWIFT)、Local transfer network (such as FPS/SEPA/ACH and local clearing in various places)、APM and electronic wallet, etc.。
- orchestration layer：payment routing、Retry strategy、Currency selection、Quotas and black and white lists、3DS/Risk Control Verification、Failure attribution。
- Accounting layer：Multi-currency general ledger、Merchants/sub-merchant accounts、Fee and exchange rate engine、settlement batch、Refund/Rejection Account、Reconciliation and error handling。
- Compliance and risk control layer：KYC/KYB、Sanctions and PEP Screening、Transaction Monitoring Rules/Models、case management、STR/SAR process、Record retention and audit export。
- Data and operations layer：Real-time dashboard (success rate/rejection rate/exception rate)、Channel comparison、customer tiering strategy、Regulatory/Bank Required Report Packages。
If system docking and implementation are required，CompatiblePayment system integrationProject advancement
Identify the payee/payer、Delivery of goods or services、Pricing currency、Refund and Chargeback Liability、Fund retention and account sharing logic。
Determine whether it involves regulated activities such as fund transfer/collection and payment/exchange，Design Hong Kong/overseas entities and contract chains。
by product、area、MCC/industry attributes and risk preference select PSP/acquirer/local transfer channel，and prepare due diligence materials。
Establish customer access criteria、Sanctions Screening and Transaction Monitoring Rules，Define escalation handling and appeal/review mechanisms。
API joint debugging、Reconciliation test、Abnormal scenario drills (refund/rejection/refund)，And produce operation SOP and report templates。
Regular risk assessment、Model calibration、Channel performance review and supervision/bank inquiry response，Ensure long-term availability of solutions。
Compliance Points (AML/CFT、sanctions、Data and Audit)
The compliance focus of cross-border payments is not “complete documents” but “Control is effective”。Hong Kong Information Communication is guided by regulatory standards，Assist customers to create executable、provable、Auditable compliance system：
- AML/CFT governance：Division of Director/Office Responsibilities、MLRO role、three lines of defense、Training and independent audit arrangements。
- Risk Assessment (RBA)：By customer type、Regional/Sanctions Risk、Products and delivery methods、stratification of trading behavior，and access、limit、Enhanced due diligence (EDD) hook。
- KYC/KYB and continuous due diligence：Identity and Beneficiary Identification、Controller/equity penetration、Business substance verification、Negative News and PEP Screening；Re-due diligence and data update under trigger conditions。
- Sanctions Compliance：List screening、Country/Region Restrictions、Transaction link identification (payer/payee/intermediary bank/receiving place/IP and other signals)，and freeze after hit、Reporting and unblocking process。
- Transaction Monitoring and Case Management：Rules + Behavior Model；Alarm diversion、Investigation and evidence collection、Conclusion record、Suspicious transaction report (STR/SAR) workflow and timeliness management。
- Record retention and audit package：Customer information、Screening results、Transaction Monitoring Evidence、Disposal conclusion、Reconciliation and Fund Flow Proof，Meet regulatory inspections and bank due diligence。
- Data and privacy：Sorting out cross-border data flows、Minimize collection、Access control and encryption、Supplier management、Log retention and emergency response；Cooperate with data security assessment when necessary。
Extended services：Fintech Compliance Consulting、Data security assessment、Data privacy policy development。
License and landing path (Hong Kong MSO / American MSB, etc.)
The implementation of cross-border payments usually involves regulatory requirements in different jurisdictions。We will make payments based on our business model (self-operated collection and payment)、Collection and payment、exchange currency、Platform account sharing、B2B trade settlement, etc.) matching license/exemption and operating model，And consider opening a bank account at the same time、Channel access and tax compliance。
Hong Kong (MSO)：If the business involves operating money services in Hong Kong (such as remittance/currency exchange, etc.)，Need to evaluate whether you need to apply for a money services operator license (MSO)，and establish AML/CFT systems and controls that meet the requirements。
United States (MSB)：If it involves U.S. customers or conducts money services business in the U.S.，MSB registration and state-level compliance assessment may be required。Reference case：2026The US MSB license just applied for，Experience sharing。
Bank Accounts and Clearing：The availability of cross-border payments is highly dependent on the due diligence pass rate of banks/channels。We will help prepare the business description、Fund flow diagram、Compliance Manual and Transaction Samples，Improve the success rate of account opening and channel access：Open an account in Hong Kong (HSBC/Standard Chartered/Hang Seng)。
extend：If customers plan to build more complete digital banking/virtual banking capabilities，Can be further evaluated：Virtual Banking Solutions、Digital Bank License Application。
Put principled requirements into institutional clauses、Job responsibilities、System control points and evidence retention list，Convenient for landing and follow-up inspection。
Establish explainable financial links around collection-clearance-settlement-refund/chargeback，Reduce the probability of banks/channels “not understanding and rejecting”。
Avoid the situation where you only have a license but cannot open an account/can’t access the channel，Shorten the overall go-live cycle through parallel project management。
Cost and cycle (Hong Kong MSO reference interval)
The following areHong Kong MSO (Money Service Operator)Common fee components for application and basic implementation are for reference (based on project complexity)、Number of personnel、Office plan and data completeness are variables)。The actual quotation is subject to due diligence and scope definition.。
| Expense Category | project | Reference amount (HKD) | illustrate |
|---|---|---|---|
| government fees | Application (application fee) | 3,310 | Pay according to government requirements |
| government fees | Fit & Proper (suitable person review) | 860 / people | Charged based on number of key personnel |
| base cost | Company Registration | 8,000 – 15,000 | Depending on the structure and service scope |
| base cost | Office (office/compliance space) | 20,000 – 80,000 / Year | Depends on region and configuration |
| service organization | MSO Service (brand care/project service) | 60,000 – 150,000 | Including application strategy、Material preparation、Communication promotion, etc. |
| service organization | AML Docs (AML/CFT system and document package) | 20,000 – 80,000 | Contains system、process、Forms and training materials, etc. |
| Total interval | Standard Total | 150,000 – 400,000 | Common standard project range (excluding third-party audit/system procurement, etc.) |
Cycle reminder：Prepare from information、submit、It usually takes a certain period of time from communication of supplementary parts to approval.；If the equity structure is complex、Foreign shareholder penetration、Unclear business model boundaries or insufficient explanation of the background of key personnel，The cycle may be extended。We recommend to use "compliance design + material evidence chain" in advance，Reduce duplicate parts。
FAQ (enterprise high-frequency questions)
The core lies in the nature of financial services and the boundaries of responsibilities：Whether to "collect and pay/transfer funds" for customers，Whether it involves currency exchange matching or self-operated quotation，Whether there is a retention or disposable balance of customer funds。Licensing/compliance obligations corresponding to different models、Customer due diligence depth and record retention requirements will differ significantly。
usually include：Business model description and capital flow diagram、Main customers and regional distribution、Refund/Chargeback and Dispute Handling Mechanism、KYC/KYB and transaction monitoring solutions、Sanctions Compliance Policy、Past trading samples or forecasts、Key Personnel and Equity Penetration、and auditable systems and implementation evidence。
Common combinations include：Multi-channel routing and failure retries、3DS strategy layering、Equipment/IP/Behavior Risk Control、Blacklist and Industry Rules、Merchant descriptor and bill clarity optimization、Refund priority strategy and dispute evidence management，and implement quotas and EDD for high-risk countries/customer groups。
It needs to be judged based on the actual capital link.。If you do not handle client funds、No control over the flow of funds、Only provide information matching or technical interface，Regulatory obligations may vary；But once it involves collection and payment、Fund pooling、Share accounts、The balance can be withdrawn or exchanged for foreign exchange.，Often triggers more stringent compliance and licensing assessments。It is recommended that in the contract terms、The boundaries are solidified in advance in the design of capital paths and system permissions.。
can include：Solution blueprint and channel strategy、Capital flow and accounting design、Compliance gap assessment and remediation roadmap、AML/CFT system and SOP、KYC/KYB and Sanctions Screening Process、Transaction monitoring rules and case handling process、Due diligence material package、As well as online trial operation and continuous optimization mechanism。
If you want us to quickly assess whether your business requires a license、Which funding path should be taken?、and estimated time and cost structure，Recommended preparation：Company structure chart、Target country/region、Products and charging methods、Payment link、Estimated monthly transaction volume and customer unit price、Main customer types and industries。We can conduct preliminary compliance diagnosis and provide implementation routes under the premise of confidentiality.。
