HSBC Sri Lanka, is offering a range of relief measures for its personal and corporate customers given the challenges presented by the COVID-19 pandemic.
In a media release,
The relief measures introduced by HSBC Sri Lanka for personal and corporate customers include the following:
Personal banking customers
I. Payment assistance and additional liquidity to all personal banking customers
Given the challenges around access to payment points, credit card payment due dates for all cards have been extended until the next statement due date and late payment fees have been waived off.
0 per cent interest repayment plans up to six months on all medical expenses over
The bank will waive off all cheque return fees until further notice.
Full waiver on early withdrawal of rupee time deposits
II. Providing customers easy access and convenience for their everyday banking needs:
Free online self-registrations to enjoy HSBC Internet and Mobile Banking
All digital banking services via HSBC Mobile Banking and Online and transactions will be free of charge (no fees) for all personal customers of
Access at over 4,000
III. Hardship and forbearance support to any affected customer:
Suspension of credit card payments up to three months and concessions on credit card interest rates up to 50 per cent for a period of six months.
Debt moratoriums on personal loans repayments up to six months
Wholesale banking customers
I. Up to an additional 60-day extension on trade loans maturing
II. Faster turnaround on shipping guarantees.
III. Waiver of amendment fees on import document credits relating to delays due to COVID-19.
© Pakistan Press International, source