- 8.
Welfare payment arrangements for public holidays
Recipients of Comprehensive Social Security Assistance under the bank payment system may receive their payments on Friday (September 8) if their pay-days fall on the coming public holidays (September 9 and 10).
A spokesman for the Social Welfare Department said today (Wednesday) that special payment arrangements would also be made for recipients of Social Security Allowance whose pay-days fell on September 9 and 10.
Those who have bank accounts in Hong Kong Bank or Hang Seng Bank will receive their payments on Friday (September 8) whereas those with accounts in other banks will receive their payments next Monday (September 11).
units.
In case of doubt, recipients are advised to contact their social security field
End/Wednesday, September 6, 1995
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$million (hours)
($million)
Opening balance in the account
1.989
0930
-786
Closing balance in the account
1.701
1000
-786
Change attributable to:
1100
-786
Money market activity
-783
1200
-783
LAF today
+505
1500
-783
1600
-783
LAF rate 4.25% bid/6.25% offer TWI 122.4 *+0.2* 6.9.95