Why must my bank withdrawal go to an account in my own name?

Why same-name withdrawals only

Withdrawals from your EVIDENT account can only be sent to a bank account in your own name (for Individual accounts) or your organisation's name (for Corporate accounts). Third-party withdrawals aren't permitted.

Why this matters

This is a regulatory and anti-money-laundering requirement under the Hong Kong SFC framework. Routing your funds to an account in your verified name ensures:

• Your funds can't be redirected away from you by anyone else
• EVIDENT maintains a clean, auditable record of source and destination for every transaction
• You're protected against fraudulent attempts to redirect your funds

What to do if you need to send funds elsewhere

Withdraw the funds to your own bank account first, then make a separate transfer from there to wherever you intended. Unfortunately we can't make exceptions to this rule — it applies uniformly.