Over the years, HSBC has been dedicated to fostering green banking with our customers’ great support. The charging of a Paper Statement Fee is based on the "Pay the Paper" principle, which aims to encourage customers' adoption of eStatement and eAdvice in order to help reduce paper consumption and to protect the environment.
Which types of accounts/customers will be charged for receiving paper statements?
The Bank will charge a Paper Statement Service Fee of HK$20 for each (set of) paper statement we send to our commercial banking customers via post for the following account types:
- BusinessVantage account(s)
- HSBC Business Direct account(s)
- HSBC Sprint Account
- Hong Kong Dollar Current and Foreign Currency Current account(s)
- Hong Kong Dollar Statement Savings account(s)
- CombiNations Statement Savings account(s)
How will the Paper Statement Fee be charged?
The paper statements issued for BusinessVantage, HSBC Business Direct, HSBC Sprint Account, Hong Kong Dollar Current accounts, Foreign Currency Current accounts, Hong Kong Dollar Statement Savings account and CombiNations Statement Savings account will be counted and accumulated every month, and the respective fees will be directly debited from each relevant account on the 4th working day of the following month.