Hong Kong Dollar Prime Rate Adjustment

Hong Kong Dollar Prime Rate Adjustment

2018/10/02 @9:30 Announcement 0

Dear Valued Customer,

Due to the recent raise of Prime Rate (P) from majority of banks in Hong Kong, taking the cue from the US Federal Reserve and the Hong Kong Monetary Authority. We’ve adjusted the HKD Prime Rate (P) upward to 5.125% p.a. from 5% p.a. for securities cash trading account with immediate effect from 2 October 2018.

 

Overdue Settlement Charge for Cash Clients’ Transactions: 13.125% p.a. (Prime + 8% p.a.)

 

Yours sincerely,

Core Capital Securities Limited

Leave a Reply