e-Cash





No matter what your occupation is, you only need to have your latest one-month income proof in any format, to enjoy e-cash.

You can also enjoy up to HK$388 cash bonus offer1. Loan amount up to HK$80,000 may be approved and disbursed in 30 minutes2.
 
Privilege personalised interest rates will be offered. The daily interest on a HK$10,000 loan is just around HK$33 .
Flexible repayment period from 6 to 48 months.
 
Privilege personalised interest rates will be offered. The daily interest on a HK$10,000 loan is just around HK$64.

With an e-Cash Card, you can borrow unlimited revolving cash and withdraw cash 24 hours a day5.

The minimum monthly repayment is only 3.5% of the total outstanding balance.

First year annual fee waiver6

   
*Input (1) Name (2) Loan Amount and (3) Repayment Tenure (if applicable) (e.g. Lam Siu Man, 50000, 24). Our bank will have a designated staff member to follow up with the customer by calling the number from which the SMS was sent on the next working day after receiving the SMS. The individual telephone network provider will charge a fee for the SMS in accordance with their fee charging schedules.
 
 

Remarks:

1.

HK$88 Cash Bonus will only be offered to applicants who successfully apply and disburse "e-Cash" from 17 March to 31 August 2008 (the "Promotion Period"). To receive another HK$300 Cash Bonus, the customer must maintain good repayment record during the first three months after the disbursement of the loan. Each customer will receive at most one HK$88 Cash Bonus and one HK$300 Cash Bonus. The cash bonus will be deposited into the repayment account (if applicable) or "e-Cash" account of the qualified customer on or before April 2009.Customer must have a valid "e-Cash" account (if applicable), a good repayment record and must not have any over-limit record or early settlement record (if applicable) before rebate. The cash bonus cannot be transferred and is not applicable to customers who arrange for "e-Cash" because their original loan application was not approved.

2. The "30-Minute Approval and Disbursement" is applicable only to phone-in or walk-in customers who submit all of the required documents on the application date. The process starts from the moment that Dah Sing Bank ("the Bank")'s staff confirm receipt of all required documents and information with the customers. The application should comply with the general loan approval procedures of the Bank, and should not exceed a loan amount of HK$100,000. Customers should choose to draw the loan at branches. This service is available from 9:00 am to 5:00 pm Monday to Friday and from 9:00 am to 12:00 noon on Saturdays, which may be subject to change according to actual circumstances.
3. The daily interest of approximately HK$3 (round up to nearest dollar) is calculated based on interest of monthly flat rate of 0.8% and assumes a loan amount of HK$10,000 and 30 days per month. According to the Guideline on the Code of Banking Practice, with monthly flat rate of 0.8%, a loan amount of HK$10,000 and a loan tenor of 12 months, the annualized percentage rate is 21.1% with a credit life premium of 1% p.a. included. The Bank will examine and approve the customer's application on the basis of his or her credit status and determine the interest rate to which he or she is entitled.
4. The daily interest of approximately HK$6 (round up to nearest dollar) is calculated based on interest of 22% p.a. and assumes a loan amount of HK$10,000 and 30 days per month. According to the Guideline on the Code of Banking Practice, the annualized percentage rate of 22% p.a. is 24.36%, excluding the annual fee and the handling fee. The Bank will examine and approve the customer's application on the basis of his or her credit status and determine the interest rate to which he or she is entitled. Should the customer fail to achieve the qualifications specified by the Bank, the applicable annual interest rate will be adjusted to 30% (for the annualized percentage rate is 34.49%).
5. The cash withdrawal fee is 2% of the withdrawal amount (minimum HK$55) and will not be charged for a loan disbursement.
6. The annual fee is 1% of the credit limit (minimum HK$300, maximum HK$500) and the annual fee for the first year will be waived for applications made during the Promotion Period.
7. The above offer do not apply to existing "e-Cash" customers. Dah Sing Bank reserves the right to revise the above offer and terms at any time. The acceptance of a loan application shall be at the ultimate discretion of Dah Sing Bank, which shall not be obligated to give any reason for its decision. Dah Sing Bank reserves the right to exercise ultimate discretion on any dispute.