News

29 March 2018

Revision of Cash Account Overdue Settlement Interest

Dear Customer:

 

Notification of revision of Cash Account Overdue Settlement Interest 

We would like to notify you that, with effect from 1st May 2018, custodian accounts  overdue settlement interest rate will be uniformed to prime rate plus 6% per annum (P + 6% p.a.). This revision will modify the USD and CNY overdue interest rate on par with the current HKD overdue interest rate.

 

We recommend you to settle any necessary amount on time, in order to maintain a good settlement record and avoid extra interest expenses.

 

Should you have any enquiries or comments, please feel free to contact your Account Executive or our customer service hotline at (+852) 2237 9338/ (+86) 400 818 0338 or via email to csi-callcentre@citics.com.hk. Thanks for your support.

 

Yours faithfully

CITIC Securities Brokerage (HK) Limited