Remarks:

1. A handling fee 1% on loan / total facility amount, subject to a minimum amount of HKD1,000.
2. Excluding IF and ARF financing.
3. P refers to the Hong Kong Dollars Prime Rate as quoted by the Bank from time to time.
4. For details, please contact the Bank’s staff. The Bank reserves the right to terminate the above offers at any time or to vary the same and the related terms and conditions from time to time. The approval of the loan is subject to the Bank’s final decision. Should any dispute arise, the decision of the Bank shall be final. In case of discrepancy between the English and Chinese versions, the English version shall always prevail.

Letters of Credit Opening

Shipping Guarantees

Trust Receipt Financing

Invoice Financing for Purchases on Open Account Terms

Inward Collections

Forward FX Contracts

EXPORT FINANCE

Letters of Credit (Advising / Confirmation / Transfers / Negotiation)

Packing Loans

Advance against Export DP & DA Bills

Accounts Receivable Financing

ECIC Supported Export Finance for Small & Medium Enterprises

Outward Collections

Forward FX Contracts

Standby Letters of Credit

Letters of Guarantee

Bid & Performance Bonds

Special Purpose Undertakings

Aim

To help SMEs secure financing from PUBLIC BANK (HONG KONG)
without the need to provide any security

Eligibility

All businesses registered in Hong Kong

Loan Purpose

To provide EXPORT FINANCING to SMEs

ECIC Insurance

The overseas buyers have to be insured by the ECIC with the policy

 assigned to Public Bank (Hong Kong)

Loan Amount

·  Up to 100% of the export bill amount

·  Up to HKD 1 million for each overseas buyer

·  Up to HKD 3 million for each ECIC policy holder

Payment Terms

·  Documents against Payment (DP)

·  Documents against Acceptance (DA)

·  Open Account (OA)

Loan Tenor

·  Maximum 180 days

·  Subject to ECIC approval

Interest & Charges

Preferential interest rate & charges will apply

Enquiries