Open an IBS Account today to enjoy the benefits for your business and take advantage of our fee waiver which takes into account your Total Relationship Balance1 with Hang Seng.         Total Relationship Balance   Monthly Fee   HKD50,000 equivalent or above   Waived   Below HKD50,000 equivalent   HKD120               More Monthly Fee Waivers2 for   Waiver Period   Applying Payroll Service 3   1-month   Applying Business e-Banking 4   2-month   Making account opening appointment via online or Business Partner Direct 5   6-month   Applying Octopus Merchant Service 6   12-month   Start-up company 7   24-month                           It’s easy to open an IBS Account. Simply visit any Hang Seng Bank branch or make an online appointment, and our Customer Service Representatives will contact you shortly to arrange opening an account.                               Notes:     1. The Total Relationship Balance is the aggregate balance of the daily average of all your company’s deposits, statement gold, securities, investment funds, utilised overdraft facilities, credit card cash advances, outstanding balance of loans (except mortgage loans), trade finance, Hang Seng MPF balance and Hang Seng general insurance premiums paid each month.     2. Customers have to maintain the Total Relationship Balance of HK$3,000 equivalent or above during the waiver period to enjoy the relevant monthly fee waiver privileges.     3. Only applicable to customers who successfully set up Payroll Services and use their IBS Account as the debit account. This offer can be enjoyed in conjunction with the Business e-Banking monthly fee waiver. In other words, customers can enjoy fee waivers for up to the first three-month.     4. Only applicable to customers who successfully apply for Business e-Banking and use their IBS Account as the principal account.     5. Only applicable to customers who successfully apply for Business e-Banking and Payroll Services at account opening. The IBS Account must be used as the principal account of Business e-Banking and debit account of Payroll Services. This offer cannot be enjoyed in conjunction with other monthly fee waiver offers.     6. Only applicable to customers who successfully apply Octopus Merchant Service with the Bank and use their IBS account as the settlement account.     7. Start-up companies refer to Hong Kong companies established/ registered within the last 12 months upon account opening. This offer cannot be enjoyed in conjunction with other monthly fee waiver offers.           Hang Seng Bank Limited reserves the right to revise any interest rates, fees, charges, special offers, other services and the related terms and conditions from time to time without prior notice.