According to a circular issued on 18 Jun 2024, in view of the importance of personnel and customer safety, the following arrangements related to banking operation will apply upon the implementation of
SWT: (i) bank branches will be closed as is the case now under inclement weather, and banking services will be provided only through electronic channels; and (ii) no paper cheques will be collected, but cheques collected prior to a severe weather day will continue to be cleared and settled. While the progress to date has been satisfactory, AIs should pay attention to the following reminders: Remote working and other operational arrangements, Services to securities brokers, and Services to bank customers to support SWT and customer education.
Resources: https://www.hkma.gov.hk/eng/regulatory-resources/regulatory-guides/circulars/