Service Charge
W.E.F. from 01.08.2021
| Account Opening Charges | Corporate Account: HKD 400 / USD 50 Individual Account: Nil |
| Annual Maintenance charges (For current account) For Saving Account - Nil |
Corporates /Firms :HKD 3000/PA USD 400/ PA |
| Individuals : HKD 500/PA USD 75/PA | |
| Minimum Balance for SB/Current accounts | CA:HKD 40000, USD 5000 |
| SB: HKD 5000 ,USD 2000 | |
| Quarterly Charges for not maintaining Minimum Balance | CA:HKD 500, USD 100 |
| SB: HKD 200, USD 25 | |
| Cheque book issue charges | One Book Containing 50 Leaves free annually; Additional cheque book @ HKD 150 Per Cheque Book |
| Cheque return insufficient funds | HKD 300,USD 50 |
| cheque return technical reason | HKD 100 ,USD 20 |
| Account closure | Within 12 months HKD 150,USD 20 |
| Duplicate statement (1SHEET +12 ENTRIES) | HKD 100/SHEET , USD 20/SHEET |
| Duplicate Passbook charges | HKD 200,USD 30 |
| Stop payment | HKD 100,USD 20 |
| Standing Orders | FREE |
| Standing Order to insufficent fund | HKD 200,USD 30 |
| Banker's Report | HKD 500 |
| Companty Report(Current account) | HKD 1000 |
| Old record copy | Up to 2 years -HKD 500 More than 2 years -HKD 1500 |
| OUTWARD REMITTANCE | |
| Bankers' cheque /cashier order /pay order | HKD 150,USD 25 |
| OTHER CURRENCY | Equivalent to USD 25 |
| TT ISSUED (INR) | USD 30 |
| HKD <20000……….HKD 200 | |
| HKD <20000- HKD 100000……….HKD 200 | |
| HKD >100000……….HKD 300 | |
| TT ISSUED (USD ) OTHER CURRENCIES (Equivalent to USD) | UPTO USD 100,000…………USD 30 |
| USD<100,001- USD 250000 …….USD 50 | |
| USD<250,000- ANY AMOUNT …..USD 75 | |
| HKD CHATS | HKD 200 |
| USD CHATS | USD 30 |
| INWARD REMITTANCE | |
| Received through HKD CHATS | HKD 30 |
| Received through USD CHATS | USD 10 |
| Received through Telegraphic Transfer | USD 15 FOR AMOUNT UPTO USD 25,000 |
| USD 25 FOR USD 20,001 TO USD 250000 | |
| USD 30 FOR USD 250,001 to any amount | |
| Collection of cheques HKD | HKD 150+ POSTAGE |
| Collection of cheques Currency other than HKD | USD 15 FOR CHEQUES UPTO USD 250 |
| USD 30 FOR CHEQUES UPTO USD 250 | |
| USD 50 ( Cheques drawn on Newyork) | |
| USD 75 ( Cheques drawn outside Newyork)(OR equivalent amount in other currency) |
Please feel free to contact us for any clarifications required.