HIRE PURCHASE & LEASE FINANCE 

 

 

                                             

HIRE PURCHASE & LEASE FINANCE Services Fee Schedule 

ITEM DESCRIPTION

CHARGE
   
1.  VRD Processing work other than licence renewal

HK$500 

   
2.  Repayment Schedule

HK$150 

   
3.  Audit Confirmation

HK$350 

 

 

4.  Credit Checking Reference

HK$300 

 

 

5.  Customer reference letter

HK$300 

 

 

6.  Copying fee (per page)

HK$20 

 

 

7.  Option Fee - HP / Lease

HK$500 

 

 

8.  Licence renewal for 4 months

HK$300 

 

 

9.  Late Charges

 

  1. HP / Lease loan

36% p.a. 

  1. Stocking loan (min. charges HKD100.00)

P+8% p.a. 

   

 

10. Handling Fee for repossession

     (Excluding charges of towing agent)

HK$500 

 

 

11. Handling Fee for apply China Permit

     (After loan drawndown)

HK$2,000 

 

 

12. Request for change 3rd Party Insurance Coverage

     (After loan drawndown)

HK$2,000 

 

 

13. HP/Lease Early Redemption Fee

  • 3 outstanding instalments or less : HK$300

  • Over 3 outstanding instalments : HKD600 for each remaining year

 

 

With effect from 1 July 2008, until further notice.

Our Bank reserves the right to revise the charges of and introduce new items to this schedule.

For details or other service charges, please refer to the respective departments or any of our branches.

In case of any difference between the English and the Chinese version of this schedule, the English version shall prevail for all purposes.