Thursday, 28 September 2023

Revision of Interest Rates on Credit Balances

Please refer below for the revised rates and take note that these new interest rates will be effective from 1 October 2023.

Applicable account types:

     Cash Plus Account

     Cash Management (KC) Account

     Prepaid (CC) Account

     Custodian (C) Account

     Margin (M) Account

     Securities Advisory Account

 

     The new interest rates are: 

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Currency/Amount

Interest on Credit Balance (Current)

Interest on Credit Balance (Revised)

> HKD 50,000 < HKD200,000

0.30% p.a

0.50% p.a

> HKD 200,000

0.30% p.a

1.00% p.a

> AUD 50,000

0.00% p.a

0.50% p.a

> MYR 50,000

0.00% p.a

0.50% p.a

 

Currency/Amount

Interest on Debit Balance (Current)

Interest on Debit

Balance (Revised)

GBP

4.50% p.a

6.00% p.a






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