OCBC Wing Hang Credit Limited (“Company”) is the wholly-owned subsidiary of OCBC Wing Hang Bank Limited (“Bank”). The Company is the entity which processes the application of Revolving Tax Loan and provides the loan and related services. Customer can submit application through the branches of the Company and the Bank. To enquire the relevant terms and conditions, please contact the staff of the Company.
1. Please contact staff of the Company or the Bank for details of calculation method and other terms and conditions related to annual fee, cash advance fee and other related fees and charges.
2. The current Hong Kong Dollar Prime Lending Rate (“P”) is 5.50% and is subject to change as announced by the Bank from time to time. It is calculated on the basis of 365 days per year. Annual rate is calculated on an annualized floating interest rate basis, due to the interest rate of this product is presented by an annualized floating interest rate, therefore the Bank has only listed the applicable annualized floating interest rate but not listed the annual percentage rate (“APR”) and interest rate is calculated on a basis of 365 days per year. Annual rate of individual customers may be different, the final approval of the annual rate will depend on the loan credit report and be adjusted to individual customers.
Revolving Tax Loan is subject to the terms and conditions of the product, the related loan application form and loan documents. For the terms and conditions and charges, please contact the staff of the Company. Loan amount, interest rate, monthly repayment amount and repayment tenor applicable to each individual applicant may be different and is based on the final approval status of the Company, please contact the staff of the Company for details and enquiries. The Company has the absolute discretion to reject the application from time to time without specifying any reasons. The Company may amend, terminate or cancel the above offers and the related terms and conditions without prior notice. The Company reserves all the final decision on determining the interest rates, loan amount, loan tenor, amending the terms and conditions, approving loan application and any abovementioned offers. Reference will be made to the customer’s credit reports and the Company reserves the right to reject the application without specifying any reasons. Should any disputes arise in connection with the above services, the interpretation and decision of the Company should be final, conclusive and binding on the customers.
The English version shall prevail if there is any inconsistency between the English and Chinese versions.
Note: To consider whether to make early repayment, please refer to "FAQ" of this website.
For details or enquiries about the related terms and conditions, please contact us.
To borrow or not to borrow? Borrow only if you can repay!