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FINANCIAL SERVICES | Staff Reporter, Hong Kong

Hang Seng Bank to waive fees, float digital enhancements

A number of general banking fees will be waived effective 1 January.

Hang Seng Bank will waive a number of general banking fees and charges for services ranging from deposits and remittances to securities trading and foreign exchange, effective 1 January 2021.

In addition, beginning 1 March 2021, customers will benefit from the removal of charges for additional services for outward remittance instructions and credit card replacement.

The bank will launch a number of new customer-centric digital service enhancements over the coming months, beginning in mid-November. This includes a new platform to provide tips on using digital banking services, a revamped interface for fund investment information, a new credit card profile platform, enhanced time deposit overview interface, and simplified credit card application.

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