Secured Line of Credit

For Key Facts Statement for Secured Line of Credit, please click here.Key Features

Standby credit line of up to 100% of the asset value

Flexible interest charges

Revolving credit line

Overview

Type of Assets	Currency	Lending Ratio (% of Asset Value)	Overdraft Interest Rate (p.a.)
Time Deposits	HKD	Up to 100%	Secured Line of Credit Time Deposit Rate + 2% OR Prime Rate (whichever is higher)
	HKD	Up to 100%	DBS Treasures Secured Line of Credit Time Deposit Rate + 2.5% OR 3-month HIBOR (whichever is higher)
	Foreign currency (as accepted by the Bank from time to time)*	Up to 90%**	Secured Line of Credit Prime Rate +2%
		Up to 90%**	DBS Treasures Secured Line of Credit Prime Rate -1% OR 3-month HIBOR (whichever is higher)

^* Currently, the Foreign Currency Time Deposits Accounts that are accepted by the Bank are AUD, CAD, EUR, GBP, JPY, NZD, SGD, RMB and USD (JPY is not applicable for Secured Line of Credit.) and they are subject to change. The Bank has the sole discretion to accept other type(s) of time deposit account as secured asset.
** Standby Credit Line is calculated by reference to the FCY pledge ratio and the exchange rate as determined by the Bank. Customers can approach either Call Centre or their Relationship Managers for the current exchange rate.

Notes

Prime Rate refers to the Hong Kong Dollar Prime Lending Rate as quoted by DBS Bank (Hong Kong) Limited (the "Bank"). HIBOR refers to the Hong Kong Dollar Inter-bank Offer Rate.
The Bank reserves the right to make all final decisions on the approval of the asset((s)) eligibility, the lending ratio(s) and interest rate(s) for the Secured Line of Credit, as well as the approval of the application without prior notice.
The Structured Investment Product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.