For Key Facts Statement for MRTL, please click here.
Key Features
- Wealth Continuum Platform tailor made for DBS Treasures customers
- Credit Facility of up to HK$10 million in multi-currencies
- Revolving Credit Facility for a variety of loan purposes
- Flexible loan tenors
- $0 handling fee
Overview
Access cash from your financial assets held with the Bank via your ready-to-use Credit Facility.Assets can be used as collaterals:
- Bonds
- Investment Funds
- Cash Deposits
- Equities
- Structured Investment Products
- Paper Gold
With pledged assets, the currencies below can be drawn from your MRTL Facility:
 |
HKD |  |
EUR |
 |
USD |  |
GBP |
 |
RMB |  |
JPY |
 |
AUD |  |
NZD |
 |
CAD |  |
SGD |
 |
CHF |
Interest Cost:
- Cost of Funds (COF) + Margin
E.g. Assume COF for 1-month HKD loan on loan drawdown date is 1.1% p.a. and Margin is 1.2% p.a., the interest cost for the loan is 2.3% p.a.
For full product details, please refer to the product documents.
Features
Wealth Continuum Platform tailor made for DBS Treasures customers
MRTL facility serves DBS Treasures customers with WMA
Credit Facility of up to HK$10 million in multi-currencies
Customers can request for a limit which suits their financial needs (but it cannot exceed the maximum Credit Facility Limit of HK$10 million)
Revolving Credit Facility
Unlimited number of loan draws once approved
Flexible loan tenors
Customers can select the loan tenor of up to a maximum of 6-months
Others
$0 handling fee
More Points to note
Reminder: To borrow or not to borrow? Borrow only if you can repay!
Hong Kong Exchanges and Clearing Limited (HKEX) is implementing Severe Weather* Trading (SWT) in securities and derivatives markets starting from 23 September 2024.
Please note that:
i) Customer should rectify the collateral shortfall on or before the deadline shown on the Top-up on Banking Facility letter /Margin Call letter regardless of whether the date of deadline is on a day with Severe Weather*; and
ii) If customer fails to rectify the collateral shortfall, the Bank could exercise the right of sell off for securities listed on HKEX on a day under Severe Weather Trading or any business day thereafter as soon as practicable.
*“Severe Weather” refers to a scenario where Black Rainstorm Warning/ Tropical Cyclone Warning Signal No. 8 or above is issued by the Hong Kong Observatory or an “extreme conditions” announcement is made by the HKSAR government.
Reminder:
- You should have a clear understanding of your financial condition, daily expenses, and actual borrowing needs.
- You should assess your repayment ability and avoid over-borrowing.
- You should repay any outstanding balance on time to avoid temporary overdraft interest.