Tai Fung Bank

Trade Finance and Services
With years of experience in the international trade finance and services field, we are well-prepared to provide an all-round, professional and reliable import and export trade services to help you grasp every business opportunity throughout the globe. Our services include:

Import Services

L/C Issuance
Import Bills for Collection
Import Loan
Shipping Guarantee
Trust Receipt Facilities
Import Invoice Financing

Export Services

L/C Advising and Confirmation
L/C Transfer
Export Bills for Collection
Export Bills Advance
Export Bills under L/C for Collection
Negotiation / Discount of Export Bills under L/C
Packing Loan
Export Invoice Discounting

Application Procedure
Simply contact Corporate Banking Department at our head office and we will be pleased to assist you with your business plans.

Standard Fees
(A) Import
(1) L/C Opening Charges

1/4% on USD50,000.00 or equivalent + 1/8% on balance
Min. HKD250.00

(2) Payment Commission on drawings under our HKD Documentary Credit

1/4% on HKD400,000.00 + 1/8% on balance.
Min. HKD250.00

(3) Acceptance

1/16% per month
Min. HKD250.00

(B) Export
(1) Negotiation
(a) For Local Currency

1/4% on HKD400,000.00 + 1/8% on balance.
Min. HKD250.00

(b) For Foreign Currency (All fixed)

HKD250.00/each item

(2) Advance for Foreign Currency

By Arrangement

(3) Collection
(a) For Local Currency

1/4% on HKD400,000.00 + 1/8% on balance.
Min. HKD250.00

(b) For Foreign Currency

1/8% on USD50,000.00 or equivalent + 1/16% on balance.
Min. HKD250.00

(1)Advising L/C

HKD200.00 per item

(2)Confirming L/C

1/16% per month
Min. HKD250.00

(3) Transferring L/C
(a) Simple Transfer of whole of a L/C

Within Macau HKD400.00
Outside Macau HKD400.00

(b) Partial Transfer

1/4% on USD50,000.00 or equivalent + 1/8% on balance
Minimum Charges: HKD800.00 (Within Macau)
HKD800.00 (Outside Macau)

(*the standard fees mentioned above are for references only, we reserve the right to adjust at anytime.)