|
| Factoring |
 |
| Factoring Service Charges |
| Service/Item |
Charges(HK$)
|
| |
Rate
|
Minimum
|
| Services Fees |
| |
The service fee is a fixed % of the gross invoice value. This fee pays for the administration, collection &/or credit protection service. |
|
Subject to negotiation |
| Financing/Discounting Interest |
| |
The financing interest is for actual amount drawn and is charged at rates similar to those of a corporate overdraft or trade finance arrangement |
|
Subject to negotiation |
| Limit Search/Checking Fee per Debtor |
| |
Recourse Debtor |
|
HK$300p.a
(waive for first 10 debtors) |
| |
Non-Recourse Debtor |
|
HK$800p.a
(waive for first 5 debtors) |
| Handling fee for refund of non-factorable debtors payment |
HK$100 per transaction |
| Accounts Receivable Loans |
| |
Partial Settlement |
|
HK$150 per transaction |
| |
Invoices over Maximum Financing Period |
|
0.25% on invoice value for each month until settlement |
| Factoring/Accounts Receivable Loans |
| |
Overdue Interest |
|
2% per month on amount over-advanced |
|
The new tariff is effective on 1 March 2006. However,
the Bank reserves the right to revise the tariff and introduce new
items in this guide.
For tariff not listed in this guide, please contact respective departments
for details.
In case of any difference between the English and the Chinese version
of this guide, the English shall prevail for all purpose.
|
The new tariff is effective on 1 March 2006. However,
the Bank reserves the right to revise the tariff and introduce new
items in this guide.
For tariff not listed in this guide, please contact respective departments
for details.
In case of any difference between the English and the Chinese version
of this guide, the English shall prevail for all purpose.
|
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| Next Step |
- Make an Appointment Online
- Customer Services Hotline
2290 8068
- Enterprise Banking Centres Hotlines
at Sheung Wan 3668 9086
at Causeway Bay 3668 9393
at Kowloon Bay 3668 9426
at Nathan Road 3668 9433/
3668 9434
at Kwai Chung 3668 9429
|
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