Multiple MPF Accounts per company
3. And define the additional MPF Account
p.s. Say if the company have two HSBC Life Accounts for MPF contributions. You can create two new Account in MPF Account say HSBC1 and HSBC2 and make sure both FORMAT is inputted HSBC_LIFE. And assign HSBC1 and HSBC2 as the MPF Account Code to different employees in Employee Master, HR Info tab. Use the different MPF Account Name to distinguish different accounts.