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General Banking Service Charges

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Current Account

Type of Services	Charges/Details
Type of Services	HKD	USD	RMB
Returned cheque¹
Insufficient funds (per returned cheque)	150.00	18.00	200.00
Other reasons (per returned cheque)	50.00	6.50	50.00
RMB cheque amount exceeding RMB80,000.00 (per returned cheque)	N/A	N/A	200.00
Mark ‘good’ cheque
Dispatched by The Bank (per cheque)	200.00 (plus drawee bank charges)	N/A	N/A
Dispatched by customer (per cheque)	60.00	N/A	N/A
Stopped payment order (per instruction)
Personal customers	100.00	N/A	N/A
Corporate customers (Through Corporate Internet Banking)	100.00	13.00	80.00
Special-printed cheque	The Bank reserves the right to levy charges
Special-printed deposit slips	The Bank reserves the right to levy charges
Cheque book delivery
By ordinary mail	Waived
By registered mail	25.00	3.00	20.00
By registered mail	Plus non-local postage (postage will be waived if delivery address is in HK)
Dishonoured cheque returned by registered mail (per cheque)	25.00	3.00	20.00
	Plus non-local postage (postage will be waived if delivery address is in HK)
Account closed within 3 months after account opening (per account)	200.00	N/A	N/A
Monthly fee² Combined average monthly balance in HKD current account(s) and savings account(s) below HKD5,000.00 (only applicable to corporate customers)	Waived
Temporary overdraft/ overdrawn
Unauthorized overdraft/Temporary overdraft handling charges (per transaction)	120.00	15.00	120.00
Unauthorized overdraft/Temporary overdraft O/D interest	Calculated at prime rate plus 10% or overnight HIBOR (whichever is higher)	Calculated at US prime rate plus 10%	Calculated at CNY prime rate plus 10% or overnight CNY HIBOR plus 10% (whichever is higher)
In excess of overdraft limit (per transaction)	120.00 and O/D interest calculated at prime rate plus 10% or overnight HIBOR (whichever is higher)	15.00 and O/D interest calculated at US prime rate plus 6%	120.00 and O/D interest calculated at CNY prime rate plus 10% or overnight CNY HIBOR plus 10% (whichever is higher)
Against uncleared items (per cheque)	120.00	15.00	120.00

Savings Account

Type of Services		Charges/Details
Replacement of a passbook		HKD100.00 per account
Account closed within 3 months after account-opening date		HKD50.00 per account
Monthly fee² (only applicable to corporate customers)	Combined average monthly balance in HKD current account(s) and savings account(s) below HKD5,000.00	Waived
Monthly fee² (only applicable to corporate customers)	RMB savings account average monthly balance below RMB5,000.00	Waived

Fixed Deposit

Type of Services	Charges/Details
Early uplifting	If we exercise our discretion to allow uplift of time deposit before maturity, no interest will be payable and the customer must pay charges calculated based on the following formulae (whichever is higher) subject to a minimum of HKD200.00: 1. Time Deposit Principal x (Prime Rate - Time Deposit Interest Rate) x No. of Days due to Maturity/Total No. of Days in a Year 2. Time Deposit Principal x (Inter-Bank Offer Rate- Time Deposit Interest Rate) x No. of Days due to Maturity/ Total No. of Days in a Year **Subject to the rate as quoted by us from time to time.

Type of Services

Charges/Details

Early uplifting

If we exercise our discretion to allow uplift of time deposit before maturity, no interest will be payable and the customer must pay charges calculated based on the following formulae (whichever is higher) subject to a minimum of HKD200.00:

1. Time Deposit Principal x (Prime Rate** - Time Deposit Interest Rate) x No. of Days due to Maturity/Total No. of Days in a Year

2. Time Deposit Principal x (Inter-Bank Offer Rate**- Time Deposit Interest Rate) x No. of Days due to Maturity/ Total No. of Days in a Year

**Subject to the rate as quoted by us from time to time.

BOC Mastercard^® Debit Card

Type of Services		Charges/Details
Annual fee		Waived
Re-issue BOC Mastercard^® Debit Card	Replacement due to customer’s loss of a BOC Mastercard^® Debit Card	HKD50.00
Re-issue BOC Mastercard^® Debit Card	Non-receipt of new card	Waived
Replacement of a damaged card		HKD50.00
Cash withdrawal via ATMs of “JETCO” network^3,4	Cash withdrawal in Hong Kong	Waived
Cash withdrawal via ATMs of “JETCO” network^3,4	Cash withdrawal in Macau	HKD20.00 per transaction
Cash withdrawal via ATMs of “BOCHK” network^5,6	Cash withdrawal in Hong Kong	Waived
Cash withdrawal via ATMs of “MasterCard / Cirrus” network^3,5,6	Cash withdrawal from HKD account in Hong Kong	HKD25.00 per transaction
	Cash withdrawal from RMB account in Hong Kong	RMB25.00 per transaction
	Cash withdrawal from HKD account in Mainland China	HKD50.00 per transaction
	Cash withdrawal from RMB account in Mainland China	RMB50.00 per transaction
	Cash withdrawal outside Hong Kong and Mainland China	Waived
Foreign currency transaction fee^3,7	For cash withdrawal transactions⁸	Waived
Foreign currency transaction fee^3,7	For purchase or online transactions⁹	Waived

BOC Card

Type of Services		Charges/Details
Card replacement fee	Replacement due to customer’s loss of a BOC Card (with HKD account as the primary account) / BOC Fast Cash Card	HKD50.00
	Replacement due to customer’s loss of a BOC Card (with RMB account as the primary account)	RMB50.00
	Non-receipt of new card	Waived
Replacement of a damaged card	New card with HKD account as the primary account	HKD50.00
Replacement of a damaged card	New card with RMB account as the primary account	RMB50.00
Cash withdrawal via ATMs of “JETCO” network¹⁰	Cash withdrawal in Macau	HKD20.00 per transaction
Cash withdrawal in Hong Kong via ATMs of "CUP" network (Also applicable to "UnionPay QRC Withdrawal" via non-BOCHK ATMs, or withdrawal via linked bank accounts under BOC UPI Dual Currency Credit Card)¹¹	Cash withdrawal from RMB account	RMB15.00 per transaction
	Cash withdrawal from HKD account	HKD15.00 per transaction
Cash withdrawal outside Hong Kong via ATMs of “CUP” network (Also applicable to "UnionPay QRC Withdrawal" via non-BOCHK ATMs, or withdrawal via linked bank accounts under BOC UPI Dual Currency Credit Card)¹¹	Cash withdrawal from RMB account	RMB50.00 per transaction
	Cash withdrawal from HKD account	HKD50.00 per transaction
ATM cash withdrawal via “VISA / PLUS’’ network (Applicable to BOC Visa Credit Card linked with bank accounts)¹²		HKD25.00 per transaction
ATM cash withdrawal via “MasterCard / Cirrus’’ network (Applicable to BOC MasterCard Credit Card linked with bank accounts)¹³		HKD25.00 per transaction

Local Bank Transfer

Type of Services			Charges/Details
Express Transfer (RTGS/ CHATS)	Funds Transfer to other local banks by Express Transfer (RTGS/CHATS)	Conducted via branches	HKD180.00 per item¹⁴
		Conducted via online banking	Personal customers: Waived Corporate customers: HKD25.00(HKD/ RMB) / HKD55.00 (USD/EUR) per item¹⁴
	Funds transfer from other banks by Express Transfer (RTGS/CHATS) to a BOCHK account	Transfer amount not more than HKD500.00 or equivalent	Waived
		Transfer amount more than HKD500.00 or equivalent	Personal customers: Waived Corporate customers: HKD15.00 per item
	Handling charge for amendment, cancellation, return, or enquiry¹⁵		HKD150.00 per item
FPS (Faster Payment System)	Funds transfer to other local banks through FPS	Transfer amount is equal to or not more than HKD3,000,000.00 or equivalent	Personal Customers: Waived
		HKD transfer amount is equal to or not more than HKD100,000.00	Corporate Customers: HKD5.00 per item
		HKD transfer amount is above HKD100,000.00 and equal to or not more than HKD1,000,000.00	Corporate Customers: HKD10.00 per item
		RMB transfer amount is equal to or not more than RMB100,000.00	Corporate Customers: RMB 4.00 per item
		RMB transfer amount is above RMB100,000.00 and equal to or not more than RMB1,000,000.00	Corporate Customers: RMB 8.00 per item
	Funds transfer from other local banks through FPS to a BOCHK account		Waived
	Handling charge for return or enquiry¹⁵		Corporate Customers: HKD150 per item Personal Customers: HKD150 per item Charges on Personal Customers in this section will be waived until further notice

Outward Remittance

Type of Services			Charges/Details
Telegraphic Transfer / Global Remittance		Conducted via branches	HKD260.00 per item¹⁶
Telegraphic Transfer / Global Remittance		Conducted via electronic channels	Personal customers: HKD65.00 per item¹⁶ Corporate customers: HKD120.00 per item¹⁶
“BOC Remittance Plus” (Remittance to branches of Bank of China and Cooperative Banks in the Mainland and designated branches outside Hong Kong)		Conducted via branches	HKD260.00 per item¹⁶
		Conducted via electronic channels	Personal customers: Waived Corporate customers: HKD115.00 per item¹⁶
Handling Fee of Message to Beneficiary		Conducted via branches	Waived if message is within 10 Chinese characters or 10 English words; HKD100.00 per item if exceeded
Handling Fee of Message to Beneficiary		Conducted via electronic channels	Waived
Extra Cable Charge (if more than one SWIFT/electronic message is required)			HKD100.00 per message
Correspondent Bank Charges¹⁷ (Applicable if remitter requested to bear correspondent bank charges)	USD	To anywhere (excluding the Mainland)	HK$160.00 per item
	EUR	To Euro Area	No charge in advance if remittance amount is EUR100.00 or below EUR25.00 per item if remittance amount is EUR100.01 to EUR 12,500 EUR35.00 per item if remittance amount is above EUR12,500
	GBP	To United Kingdom and Ireland	GBP20.00 per item
	JPY	To Japan	Minimum JPY3,000 per item
	THB	To anywhere	THB500.00 per item
	All Others		Minimum HKD200.00 per item
Confirmation to Beneficiary Bank by SWIFT/electronic message			HKD100.00 per item
Handling charge for amendment, cancellation, return			HKD220.00 per item, plus correspondent bank charges¹⁵
Enquiry on status of Remittance		by SWIFT/electronic message	HKD220.00 per item, plus correspondent bank charges¹⁵
Enquiry on status of Remittance		by telephone call	HKD100.00 per item
Set up or amend Standing Instruction of general remittance			HKD100.00 per item, plus regular outward remittance charges
Set up, execute, or amend Standing Instruction remittance of social security payments for the Elderly.(Applicable to Recipients/Appointees of the Portable Comprehensive Social Security Assistance Scheme, Guangdong Scheme and Fujian Scheme only)			Waived
Demand Draft		Issuance of Demand Draft	HKD200.00 per item
Demand Draft		Request for Cancellation of issued Demand Draft	HKD250.00 per item
Request for Stop Payment and/or Report Loss of issued Demand Draft			HKD250.00 per item (plus additional charge levied by HKAB which is currently HKD140.00 per item and subject to change without prior notice)
BoC Pay+ Cross-border Remittance			1% of total amount for remittance (subject to a minimum fee HKD20.00 per transaction and a maximum of HKD60.00 per transaction)

Inward Remittance

Type of Services		Charges/Details
Proceeds credited to a BOCHK account	Remittance amount not more than HKD500 or equivalent	Waived
Proceeds credited to a BOCHK account	Remittance amount more than HKD500.00 or equivalent	HKD60.00 per item
Mark good by other banks in Hong Kong	Telegraphic Transfer / Mail Transfer	HKD35.00 per item
Mark good by other banks in Hong Kong	Demand Draft	HKD100.00 per item
Enquiry by SWIFT/electronic message		HKD100.00 per item

Remittance - Others

Type of Services		Charges/Details
Facsimile	Local (within 5 pages)	HKD50.00 per item
	Outside Hong Kong (within 2 pages)	HKD100.00 per item
	Each additional page (all countries / regions)	HKD50.00 per item
Request for copy of advice or receipt	Item within 1 year	HKD50.00 per page
	1 – 2 years	HKD100.00 per page
	2 – 3 years	HKD150.00 per page
	3 – 7 years	HKD200.00 – HKD350.00 per page

Cash Deposits / Withdrawals

Type of Services		Charges/Details
Bulk cash deposit / transaction (HKD)¹⁸		0.25% of the total deposit amount for depositing above 200 notes / above HKD100,000.00 via branch counters per customer per day Subject to a minimum fee HKD50.00 per transaction
RMB notes, Foreign currency notes deposits / withdrawals	RMB notes deposit to / withdrawal from RMB account	Waived
	Foreign currency notes deposit to / withdrawal from account of its original currency	Waived
Bulk coins deposit (presorting is required)		2% of total amount for deposit of 500 coins or above Subject to a minimum fee HKD50.00 per transaction
Change of coins	10 or 20 cents	HKD1.00 for every 20 dollars
Change of coins	Others	HKD1.00 for every 50 dollars

Safe Deposit Box

Type of Services	Charges/Details
Replacement of a key	HKD100.00 (plus key replacement cost)
Drilling of box and replacement of lost keys	HKD200.00 (plus box opening fees and lock replacement costs)

Cashier's Order

Type of Services	Charges/Details
Issuance of a cashier’s order (HKD / USD / RMB)¹⁹	HKD50.00 per item
Issuance of an e-cashier’s order (HKD / USD / RMB)	HKD50.00 / USD6.00 / RMB40.00 per item
Verification of the purchaser’s identity	Waived
Cancellation of cashier’s order and redeposit into purchaser’s account	HKD50.00 per item
Report loss of a cashier’s order to HKICL	HKD50.00 plus HKICL charges
Mark “good” - cashier’s order	HKD50.00 per item

Autopay

Type of Services		Charges/Details
Autopay-out - Instruction fee (applicable only to corporate customers)
Submission of files to branches or designated locations	Account held with BOCHK	HKD0.70 / RMB0.55 per item (subject to a minimum of HKD20.00 / RMB17.00 per instruction)
Submission of files to branches or designated locations	Account held with other banks	HKD1.40 / RMB1.10 per item (subject to a minimum of HKD30.00 / RMB25.00 per instruction)
File uploading via electronic channels	Account held with BOCHK	HKD0.40 / RMB0.30 per item
File uploading via electronic channels	Account held with other banks	HKD0.70 / RMB0.55 per item
Autopay-out - Other fee
Setup or amendment of standing instruction for autopay-out		HKD100.00 / RMB90.00 per item
Returned autopay (due to insufficient funds)	Direct debit authorisation (DDA)	HKD165.00 / RMB145.00 per item
Returned autopay (due to insufficient funds)	Standing instruction for autopay-out	HKD165.00 / RMB145.00 per item
Re-processing of direct debit authorisation (DDA) instruction		HKD100.00 / RMB90.00 per item
Autopay-in - Instruction fee (applicable only to corporate customers)
Submission of files to branches or designated locations	Account held with BOCHK	HKD4.00 / RMB3.40 per item (subject to a minimum of HKD20.00 / RMB17.00 per instruction)
Submission of files to branches or designated locations	Account held with other banks	HKD4.00 / RMB3.40 per item (subject to a minimum of HKD30.00 / RMB25.00 per instruction)
File uploading via electronic channels	Account held with BOCHK	HKD0.60 / RMB0.50 per item
File uploading via electronic channels	Account held with other banks	HKD1.20 / RMB1.00 per item
Autopay-in - Other fee (applicable only to corporate customers)
Setup of autopay records		HKD15.00 / RMB13.00 per item
Setup or amendment of standing instruction for autopay-in		HKD100.00 / RMB90.00 per item

Payroll

Type of Services		Charges/Details
Payroll - Instruction fee (applicable only to corporate customers)
Submission of files to branches or designated locations	Account held with BOCHK	HKD0.50 / RMB0.40 per item (subject to a minimum of HKD20.00 / RMB17.00 per instruction)
Submission of files to branches or designated locations	Account held with other banks	HKD1.00 / RMB0.80 per item (subject to a minimum of HKD30.00 / RMB25.00 per instruction)
File uploading via electronic channels	Account held with BOCHK	HKD0.30/ RMB0.25 per item
File uploading via electronic channels	Account held with other banks	HKD0.60/ RMB0.50 per item
Payroll- Other fee (applicable only to corporate customers)
Re-processing of payroll instruction		HKD100.00 / RMB90.00 per instruction

Bank Certification

Type of Services	Charges/Details
Banker’s endorsement	HKD150.00 (HKD20.00 for each additional copy)
Confirmation of account balance	HKD100.00 (HKD20.00 for each additional account)
Bank confirmation for audit purposes	HKD300.00 per set (Minimum HKD600.00) Postage By ordinary mail: Waived By courier: HKD25.00 for local HKD60.00 for non-local
Banker’s reference letter	HKD300.00 (HKD25.00 for each additional copy)

Other Services

Type of Services		Charges/Details
Company Search	Limited company	HKD150.00
Company Search	Unlimited company	HKD100.00
Accounts / Services Application Fee (Only applicable to corporate customers)²⁰	Application basic fee - HKD 1,200.00 per application, plus:
	Fee for company incorporated in Mainland China²¹	HKD 2,000.00 per application, plus the fee for conducting company search for company incorporated in Mainland China (according to the Bank's actual costs).
	Fee for company incorporated overseas²²	HKD 5,000.00 per application, plus the fee for conducting company search for company incorporated overseas (according to the Bank's actual costs).
	Fee for special company: • company with 4 or more layer in its ownership/controlling structures, or • Trust account	HKD 5,000.00 per application
Request for savings / fixed deposit account records	1 year	HKD250.00 per account
	2 year	HKD750.00 per account
	3 year	HKD1,000.00 per account
	More than 3 years (maximum 7 years)	HKD1,000.00 per additional year
Request for copy of account statements (from 1 month up to 7 years from the date of request)		HKD50.00 per statement cycle²³
Paper Consolidated Statement Monthly Fee²⁴		HKD5.00 per customer per month^25,26
Setting up / Amendment of standing instruction		HKD70.00
Written funds transfer instruction without using the BOCHK standard form		HKD150.00 per transaction
Provision of duplicate copy of customer’s information		HKD50.00 per page plus operating costs
Gift cheque (HKD / RMB)¹⁹		HKD10.00 per item
Notional Precious Metals Passbook	Replacement of Passbook	HKD100.00 per account
Bulk cheque deposit	Up to 30 pieces per day	Waived
Bulk cheque deposit	Charges for each cheque if more than 30 pieces per day	HKD1.00
Encashment of demand draft	Issued by Bank of China	0.25% of draft amount (minimum HKD50.00) plus correspondent bank’s charge (if any)
	Issued by other banks	0.375% of draft amount (minimum HKD50.00) plus correspondent bank’s charge (if any)
	Returned unpaid items	HKD100.00 plus correspondent bank’s charge (if any) and interest
Clean bills	Sent for collection (applicable to non-bills transactions)	HKD200.00 per item (including postage) plus correspondent bank’s charge
Clean bills	Returned / Unpaid items	HKD100.00 plus correspondent bank’s charge (if any) and interest

Loan Services

Mortgage Loan Service
Item	Charges / Details
Handling Charge²⁷	0.5% of loan amount (Subject to a minimum of HK$1,000 equivalent)
Cancellation Fee	0.15% of loan amount (Subject to a minimum of HK$5,000 equivalent)
Custody of Property Title Deeds after Full Repayment	HK$4,000 per year
Lease Consent Letter on Charged Property	HK$1,000 per letter (plus legal cost, if any)
Fee for Full / Partial Principal Repayment (less than 1 month’s prior notice)	Base on repayment amount to charge 1-month interest calculating from prepayment date
Re-issuance of Notice for Repayment Schedule	HK$100 per copy
Re-issuance of Annual Statement of Instalment Loan Account	HK$100 per copy
Confirmation of Mortgaged Property and Account Balance	HK$200 per copy (HK$20 for each subsequent copy issued simultaneously)
Re-issuance of Confirmation of Mortgage / Notice for Repayment Schedule for the Mortgage Subsidizing Scheme of Hospital Authority / Government	HK$100 per copy
Change of Mortgage Term²⁷ (e.g. Repayment amount, tenor, mortgage scheme, mortgagor, guarantor and the like)	HK$1,500 per item
Provision of Duplicate Copy of Deeds / Documents	HK$200 per title deed of property; HK$50 per page for other documents
Administration Fee for Late Payment²⁷	HK$500 for each overdue repayment (plus legal cost, if any)
Administration Fee for Government Rate / Rent Payment²⁷	HK$500 for each time
Administration Fee for the Change of Insured Amount of Fire Insurance (Applicable to the insured amount involving assessment of the reinstatement value of the property)	HKD1,000.00 for each time

BOC Express Cash
Item	Charges / Details
BOC Express Cash Instalment Loan	Handling Fee	Applicable to BOC Express Cash Instalment Loan / BOC Express Cash Instalment Loan Balance Transfer: 0% to 1.5% of the loan amount per annum^# Applicable to BOC Express Cash Instalment Loan – Interest-free Offer: 0% to 6.5% of the loan amount per annum^# ^# Please refer to loan advice for the actual handling fee to be charged
	Default Interest and Handling Fee	HK$500 late payment fee plus default interest rate of 0.08% per day on the overdue amount until the day of actual payment will be charged upon each occasion of overdue monthly repayment.
	Early Settlement Fee	Upon early settlement of the Loan, outstanding interest and principal shall be calculated on the basis of “Reducing Balance Method²⁸” or “Rule of 78²⁹”. “Reducing Balance Method”: The Borrower shall also pay an early settlement fee which is 2% of the approved principal amount of BOC Express Cash Instalment Loan / Balance Transfer. The Bank may at its discretion adjust the early settlement fee at any time. “Rule of 78”: The Borrower shall also pay an early settlement fee which is 2% of the approved principal amount of the Loan; 1.5% of the amount of the approved Loan for balance transfer (in accordance with the Terms and Conditions of BOC Express Cash Instalment Loan Balance Transfer) per annum for the remaining years of the Loan Period (any part of a year shall be rounded up to a year). The Bank may at its discretion adjust the early settlement fee at any time.
BOC Express Cash Revolving Credit³⁰	Annual Fee (only applicable to the customer who apply for the BOC Express Cash Revolving Credit on or after 1 June 2009)	1% of credit limit (subject to a minimum of HKD50.00 and a maximum of HKD1,000.00)
	Withdrawal/transaction Fee: Cash Advance³¹ / Balance Transfer Service³¹ / Cash Before Card Service³¹ / payment or fund transfer through “JET Payment”³¹	Cash Advance / Balance Transfer Service / Cash Before Card Service / payment or fund transfer through “JET Payment” in Hong Kong: 2% of transaction amount plus HKD20.00 per transaction
	Payment or fund transfer through “Online Bill Payment”³¹	2% of transaction amount plus HKD20.00 per transaction.
	Minimum Payment	i) 3% of total outstanding amount (subject to a minimum of HKD40.00); and ii) any overdue minimum payment amount from previous monthly statement (where applicable); and iii) total of over-limit amount (where applicable
	Late Payment Charge	5% of the Minimum Payment (subject to a minimum of HKD100.00 and a maximum of HKD200.00) for each late payment.
	Returned Cheque / Rejected Autopay Charge	HKD150.00 per transaction
	Over-limit Handling Fee³²	HKD100.00 per statement period
	Statement Copy Retrieval Fee • Within the latest 2 months Free • Preceding the latest 2 months HKD50.00 per copy
	Sales Slip Retrieval Fee	HKD30.00 per copy
	Lost Card Replacement Fee	HKD100.00 per card
	Foreign Currency Cheque Repayment Fee	HKD100.00 per cheque
	Credit Balance Refund	HKD50.00 per transaction
	Credit Reference Letter	HKD200.00 per copy

Other Loan Services (Personal Customer)
Item		Charges / Details
Secured Loans	Handling Charge	0.2% of loan amount (Subject to a minimum charge of HKD250 or equivalent)
Secured Loans	Renewal Fee	0.2% of loan amount (Subject to a minimum charge of HKD250 or equivalent)
Unsecured Loans(Non- BOC Express Cash Instalment Loan & Revolving Credit)	Handling Charge	0.5% of loan amount (Subject to a minimum of HK$1,000)
	Renewal Fee	0.25% of loan amount (Subject to a minimum of HK$500)
Commitment / Arrangement Fee for Overdraft Limit		0.5% p.a. on undrawn overdraft limit (calculated on a daily basis)
Administration Fee for Late Payment		HK$500 for each overdue repayment (plus legal cost, if any)
Provision of Duplicate Copy of Deeds / Documents		HK$200 per title deed of property; HK$50 per page for other documents

1. When the balance of current account is not sufﬁcient to debit the returned cheque charge, unauthorized overdraft/ temporary overdraft O/D interest will be levied.

2. The Bank reserves the rights to impose other fees for deposit in respect of all or any part of the balance in the Account(s) on a case by case basis. For the avoidance of doubt, such other fees are (a) separate from the above monthly fee, (b) not limited to the currencies mentioned in the above table and (c) applicable irrespective of the threshold of the average monthly balance in the Account(s) set out in the above table.

3. Surcharges of overseas local banks may be levied (if applicable).

4. The foreign currency transaction amount will be converted into Hong Kong dollars by the exchange rate imposed by JETCO on the transaction date and deducted from your Hong Kong dollar accounts.

5. Please take notice that any withdrawal of one of the major currencies through ATMs will be debited from your respective MTC account, given you have sufﬁcient foreign currency and activate Foreign Currencies Direct Debit Setting. If you do not have sufﬁcient foreign currency to complete the withdrawal or have not activated Foreign Currencies Direct Debit Setting, we will convert the entire foreign currency transaction amount into Hong Kong dollars and deducted from your Hong Kong dollar accounts according to our prevailing exchange rates. Major currencies include HKD, USD, CNY, GBP, JPY, AUD, NZD, CAD, EUR, CHF, SGD and THB.

6. If you withdraw non-major currencies through ATMs, we will convert the entire foreign currency transaction amount into Hong Kong dollars and deducted from your Hong Kong dollar accounts according to a rate determined by us with reference to the exchange rate adopted by MasterCard on the date of conversion.

7. Foreign currency transaction fee is incurred when a transaction is effected in currencies other than Hong Kong dollars. This fee is waived for BOC Mastercard® Debit Card.

8. If an ATM cash withdrawal outside Hong Kong is converted to Hong Kong dollars via Dynamic Currency Conversion (DCC, which is a service provided by some ATM operators which allow customers to convert a transaction denominated in a foreign currency to Hong Kong dollars at an exchange rate determined by the relevant ATM operator or DCC service provider), the cash withdrawal amount will be converted to Hong Kong dollars using the prevailing exchange rate as determined by MasterCard or the relevant network and deducted from your Hong Kong dollar accounts.

9. You may sometimes be offered the option to settle foreign currency transactions in Hong Kong dollars at the point of sale outside Hong Kong. Such option is a direct arrangement offered by the overseas merchants and not the card issuer. In such cases, you are reminded to ask the merchants for the foreign currency exchange rates and the percentage of handling fees to be applied before the transactions are entered into since settling foreign currency transaction in Hong Kong dollars may involve a cost higher than the foreign currency transaction handling fee.

10. For transaction conducted via the “JETCO” network, if the transaction currency is Renminbi, the transaction amount is converted at the exchange rates set by the “JETCO” member bank which is displayed on the ATM screen at the time of the transaction.

11. For transaction conducted via the “CUP” network, if the transaction currency is Hong Kong dollars or Renminbi, the transaction amount is converted at the exchange rates set by BOCHK at the time of the transaction (exchange rate can be enquired via the website of BOCHK). If the transaction currency involves currency other than Hong Kong dollars or Renminbi, the transaction amount is converted directly at the daily exchange rates set by China UnionPay at the time of the transaction (Exchange rate can be enquired via the website of China UnionPay).

12. For transaction conducted via the “VISA/PLUS” network through bank account, the transaction amount withdrawn is converted into Hong Kong dollars at the daily exchange rates set by VISA at the time of the transaction plus 1.95% conversion charge (Exchange rate can be enquired via the website of VISA).

13. For transaction conducted via the “MasterCard/Cirrus” network through bank account, the transaction amount is ﬁrst converted to US dollars, and then to Hong Kong dollars, at the daily exchange rates set by MasterCard at the time of the transaction plus 1% conversion charge (Exchange rate can be enquired via the website of MasterCard).

14. If Beneﬁciary Bank Charges are requested to be borne by remitter, the Bank is entitled to collect the charges plus extra handling charges of the Bank in advance. The chargeable amount is determined by the Bank with reference to the collection records of the related beneﬁciary bank without notice, and the collected amount is not refundable. But, if the actual claims exceeded the collected amount, the Bank is entitled to collect the shortfall. Please also note that this charge option requires more work and the Beneﬁciary Bank generally collect higher amount than if they are otherwise borne by beneﬁciary.

15. (a) The handling charge of the Bank is not refundable regardless of whether the request is fulﬁlled. (b) Correspondent banks and/or the beneﬁciary bank may levy their handling charges in relation to the request; the Bank may collect these charges in advance or arrears.

16. In addition to relevant charges to the remittance item, if the Remitter pays the remittance amount by the Remitter’s BOC Credit Card, BOC Credit Card (International) Limited will in addition charge an administration fee for remittance by credit card and debit it to the BOC credit card account. For details please refer to the Fee Schedule of respective BOC Credit Card.

17. “Correspondent Bank Charges” means collectively the charges imposed by the related correspondent banks, intermediary banks, clearing institutions &/ or beneﬁciary bank in processing the remittance, plus extra handling charge of the Bank. If Correspondent Bank Charges are requested to be borne by remitter, the Bank is entitled to collect the charges in advance. The collected amount is not refundable. But, if the actual claims exceeded the collected amount, the Bank is entitled to collect the shortfall. Please also note that this charge option requires more work and the related banks/institutions generally collect higher amount than if they are otherwise borne by beneﬁciary.

18. Bank of China (Hong Kong) Limited reserves the rights to levy extra charge.

19. The following group of customers will be exempted from the fee: Private Wealth Customers, Customers with Senior Citizen Card or Customers aged 65 or above, Recipients of Government's Comprehensive Social Security Allowance. The following group of customers will be provided with 50% discount: Wealth Management Customers.

20. “Accounts/Services Application Fee” is applicable to corporate customers (which generally refers to non-individual customers), who newly open an account or service with the Bank. “Tax-exempt Charities”, “Social Service Organizations” and “Govemment and Related Organizations” are exempted for the fee. For details, please contact staff of the Bank.

21. “Company incorporated in Mainland China” refers to corporate customers incorporated in accordance with the relevant laws of the People’s Republic of China, regardless of whether such customer is registered as non-Hong Kong companies under Companies Ordinance of Hong Kong (Cap 622) Part 16.

22. “Company incorporated overseas” refers to corporate customers incorporated in accordance with laws other than Hong Kong or the People’s Republic of China, regardless of whether such customer is registered as non-Hong Kong companies under Companies Ordinance of Hong Kong (Cap 622) Part 16.

23. Charge will be waived for the request for copy of Personal Consolidated Monthly Statements. The grant of wavier shall be subject to the Bank's discretion.

Surcharges of overseas local banks may be levied (if applicable).

24. Paper Consolidated Monthly Statement includes personal consolidated monthly statement and/or current account monthly statement issued by the Bank but does not include credit card monthly statement and/or other account and/or product monthly statement.

25. Charge will be waived for the following customers: customers aged below 18, aged 65 or above or who receive Disability Allowances/Old Age Allowances/Comprehensive Social Security Assistance Scheme through the Bank.

26. If the customer holds both HKD Savings account and HKD Current account, the Bank may debit the relevant charges from the HKD Savings/ HKD Current account with the highest account balance. The Bank reserves the right to debit the relevant charges from any of the customer's accounts at its sole discretion.

27. Not applicable to customers of "Home Ownership Scheme", "Tenant Purchase Scheme" and "Green Form Subsidised Home Ownership Scheme".

28. “Reducing Balance Method”: applicable to any loan application on or after 13 January 2020 for BOC Express Cash Instalment Loan / BOC Express Cash Instalment Loan Balance Transfer / BOC Express Cash Instalment Loan Top up / BOC Express Cash Instalment Loan Balance Transfer Top Up or any loan application on or after 7 June 2020 for BOC Express Cash Instalment loan online application with instant approval service.

29. “Rule of 78”: applicable to the loan application on or before 12 January 2020 for BOC Express Cash Instalment Loan / BOC Express Cash Instalment Loan Balance Transfer / BOC Express Cash Instalment Loan Top up / BOC Express Cash Instalment Loan Balance Transfer Top Up or any loan application on or before 6 June 2020 for BOC Express Cash Instalment loan online application with instant approval service.

30. Only applicable to customers who have applied for BOC Express Cash Revolving Credit on or after 1 June 2009.

31. Any withdrawal or fund transfer of the credit balance or any part thereof from BOC Express Cash Revolving Credit account, except effected by way of a refund procedure prescribed by Bank of China (Hong Kong) Limited (the “Bank”) from time to time, will be treated as a cash advance transaction.

32. If the current balance exceeds the credit limit of the Revolving Credit, an Over-limit Handling Fee will be debited to the account.

33. Annualised Percentage Rate (APR)

Loan Amount APR

Loan Amount	APR
HKD 5,000.00	As low as 14.23%
HKD 20,000.00	As low as 10.74%
HKD 100,000.00	As low as 7.99%

An APR is a reference rate which includes the basic interest rates and other fees and charges of a product expressed as an annualised rate. This APR is calculated based on a loan amount of HKD5,000.00/HKD20,000.00/HKD100,000.00 and a yearly interest rate of 12.5%/9.5%/7.0% respectively. The APR is calculated according to the guidelines issued by The Hong Kong Association of Banks and for reference use only. The actual APR will depend on the customer’s credit rating and loan amount.

34. Annualised Overdue/Default Interest Rate is 46.78%. Additional yearly ﬂat interest rate of 4% will be applied to outstanding loan balance on a compound basis, if you have failed to meet the requirement of Minimum Payment on two or more occasions in respect of the last 6 consecutive statements

(“Triggering Event”). Default Interest Rate will be applied during the period from the day following the statement date of the statement ﬁrst issued after the occurrence of the Triggering Event until the statement date of the statement ﬁrst issued after the cessation of the Triggering Event. Interest will be calculated at the applicable privileged interest rate thereafter. Any special offers (such as preferential interest rates) applicable to the account will be suspended until such time as the Default Interest Rate ceases to apply. In any case, the relevant promotion period will not be extended.

"The Bank" means Bank of China (Hong Kong) Limited.

Other Charges may apply, please contact our staff for details.

We reserve the right to amend the service charges.