1. Customer must enter or has already entered into Trade Finance General Agreement ("the Agreement") with Hang Seng Bank Limited (the "Bank") to apply the UpBiz Integrated Account status ("UpBiz Integrated Account"). Trade Services are subject to the applicable terms and conditions of the Bank.
2. The discount is only applicable to the basic handling fee collected upfront for all Inward Remittance and Outward Remittance transactions (excluding the payments for HKD Interbank Transfer Services) conducted via Hang Seng Business e-Banking or Hang Seng HSBCnet.
   

3. Types of Trade Services	Trade Services Fees
   Import DC Issuance	1/6%#
   Import collection bills (non-DC)	1/12%^
   Export collection bills (non-DC)	1/10%^
   Export bills to local bank - with recourse	1/6%#
   Export bills to local bank - without recourse	1/12%^
   Transfer DC (Partial transfer)	1/6%^
   Transfer DC (Full transfer)	HKD350 per transfer
   DC Advising	HKD235 (1st Advising)

   
   # Applicable to the first USD50,000 or equivalent, and subject to a minimum charge.

   ^ Applicable to that portion of the transaction amount above USD50,000 or equivalent, and subject to a minimum charge.

   This privilege will be effective no later than 2 working days after you have successfully opened an UpBiz Integrated Account and entered into the Agreement. All trade transactions are subject to the Bank’s approval.
   

4. The foreign exchange offer is only applicable to converting HKD to designated foreign currency with UpBiz Integrated Account or vice versa. Foreign exchange rates are subject to review according to changes in market conditions from time to time. The Bank reserves the right to change the above foreign exchange rate offers at any time. Before making the relevant transaction, please check with our staff for the effective exchange rate applicable to the transaction.
5. The payroll service fee waiver applies to the registration fee, annual fee and transaction fee of the “Hang Seng AutoPay Services” and the first time set-up charge of the Hang Seng AutoPay Service with not more than ten second parties.
6. The Total Relationship Balance is the monthly aggregate balance of the daily average of customer’s deposits, gold accounts, securities, investment funds, utilised overdraft facilities, credit card cash advances and the outstanding balance of loans (except mortgage loans), trade finance and Hang Seng MPF Balance and the premiums paid for that month for the designated general insurance plans distributed by Hang Seng Bank as an agent.
7. Trade Turnover is the average monthly total local import and export trade transaction amount performed by the customer with the Bank in the preceding three calendar months.
8. Hang Seng Bank Limited (the “Bank”) will send selected statements, advices and other correspondences to the Chinese Correspondence Address in Mainland China or Taiwan as registered by the customers. For details, please refer to “Chinese Correspondence Address Service Scope”. This service scope may vary from time to time and its prevailing version can be downloaded from hangseng.com.
9. The facility amount / limit to be granted is subject to credit assessment of the Bank and the acceptance of the terms and conditions of the facility by the customer.
10. The Bank shall have absolute discretion in granting the secured overdraft facility in specified loan ratio(s) in respect of various collaterals from time to time. The secured overdraft facility shall be subject to the relevant terms and conditions applicable to the facility.
11. AutoSweeping Service is only applicable to a daily total overdraft / excess amount of HKD20,000 or below. If the total overdraft / excess amount on the same day exceeds HKD20,000, even if any one of the cheque / autopay transactions is equal to or below HKD20,000, AutoSweeping Service will not be effected.
12. For details and terms and conditions, please contact our staff for enquiry.
13. Applicable to Hang Seng Platinum Commercial Card, Annual administration fee of HKD100 will be charged for the printing of company logo on each Commercial Card.
14. RMB Commercial Banking Services are bound by relevant terms and conditions, please contact our staff for details.
15. Customers are required to apply for the above services separately, please contact our staff for details.

The Bank reserves the right to suspend, revise or cancel the above privileges, revise any interest rates, foreign exchange rates, fees, charges, special privileges, other services and the related terms and conditions at any time without any prior notice. In case of any disputes, the decision of the Bank shall be final and conclusive.