Hire Purchase and Leasing Services

Item(s) Charges (HKD)
Application Set-Up 0.5% on loan amount/credit line
Assignment $1,500
Bank charges On cost basis
Collection charges On cost basis
Confirmation of loan balance / Audit confirmation $300
Dishonored cheque/autopay rejection $100
Early termination Computer calculated
Handling Fee for repossession (Exclude charges of repossession agent) $500
Inspection fee - Local On cost basis
Inspection fee - PRC On cost basis
Insurance fee On cost basis
Legal fee On cost basis
Loan repricing $500
Miscellaneous / Sundry charges On cost basis
Photocopying $10 (per page)
Request for change 3rd Party Insurance Coverage (After agreement commenced) $1,000
Valuation Fee On cost basis
Add/Change/Withdrawal Guarantor $500
Vehicle - Add/Change/Withdrawal nominee agreement $1,000
Vehicle - Change of vehicle details $500
Vehicle - Cross border (After agreement commenced) $500
Vehicle - Handling fee for duplicate vehicle licence application $300
Vehicle - Handling fee for express renewal of vehicle licence (within 24 hours) $300
Vehicle - Licence renewal for 4 months $300 (Each application)
Vehicle - Retention of Licence No. $500
Vehicle - Transfer of ownership $500
Vehicle fines & fixed penalties On cost basis

The above fee is subject to changes from time to time according to market conditions.

Applicable to Wing Lung Bank Limited and its subsidiary Wing Lung Finance Limited

Effective date: 1 May 2010

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