Citibank (Hong Kong) Limited (“ Citibank ”) Citibank ...

[Pages:2]Key Facts Statement (KFS) for Installment Loan

Citibank (Hong Kong) Limited ("Citibank")

Citibank Personal Loan Dec 6, 2022

This product is an installment loan. This KFS provides you with indicative information about interest, fees and charges of this product but

please refer to our offer letter for the final terms of your installment loan.

Interest Rates and Interest Charges

Annualized Percentage Rate (APR)

For a loan amount of HK$100,000:

Loan Tenor

6-month

12-month

24-month

APR (or range of APR)

5.9%-33.76% 6.34%-35.7% 6.52%-35.4%

Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.

Annualized Overdue/ Default Interest Rate

Upon default in repayment of a part or all of any monthly installment, an annualized overdue interest rate ("Late Charge") of 36% (3% per month) shall be charged on the entire amount of the monthly installment from the repayment date until full payment is received. The Late Charge will be calculated and accrued on a monthly basis.

Fees and Charges

Handling Fee

No handling fee will be charged.

Late Payment Fee

Not applicable

Prepayment/ Early Settlement/ Redemption Fee

Early settlement fee ("Early Repayment Fee") is charged on the entire principal amount of the Loan according to the date of early repayment as follows or HK$100 (whichever is higher):

Early Repayment Fee for loan tenor 12/24/36/48/60/72 1.5% per year according to the remaining tenor rounded up to a yearly basis Early Repayment Fee for loan tenor 6/18/30/42/54/66 0.75% for remaining tenor within 6 months plus 1.5% per year for each additional remaining tenor rounded up to a yearly basis Partial repayment of the loan is not permitted.

Returned Cheque/ Rejected Autopay Charge

Not applicable

Additional Information

Change of repayment date Fee ("Extension Fee"): Before loan disbursement Maximum extension period must not exceed 45 days from the date of loan drawdown and subject to a daily Extension Fee charged at the same interest rate of the loan as agreed on the outstanding loan principal. After loan disbursement HK$100 and If the subsequent repayment date selected is more than 1 month from the current repayment date is subject to a daily Extension Fee charged at the same interest rate of the loan as agreed on the outstanding loan principal.

Service Fee: Request for any loan documents copy: HK$50 will be charged per copy.

Request for access of personal data A minimum charge of HK$200 per request or at other charges as notified by Citibank from time to time.

Footnote: A1.. Annualized Overdue/ Default Interest Rate referring to "Late Charge" in Citibank's documents. B2.. Prepayment / Early Settlement / Redemption Fee referring to "Early Repayment Fee" in Citibank's documents. C3.. The amount for Late Charge / Early Repayment Fee / Extension Fee is rounded up to the nearest integer.

PIL KFS_202211E

Copyright ? 2022 Citigroup Inc. All rights reserved. Citi, Citibank, Citi and Arc Design used herein are service marks of Citigroup Inc., Citibank (Hong Kong) Limited, Citibank, N.A. Organized under the laws of U.S.A. with limited liability.

NOTICE OF AMENDMENTS TO TERMS AND CONDITIONS AND KEY FACTS STATEMENTS (KFS) FOR CITIBANK PERSONAL LOAN

With effect from July 31, 2023 ("Effective Date"), certain Terms and Conditions and Key Facts Statement (KFS) of Citibank (Hong Kong) Limited ("the Bank") for personal loan will be revised as follows. Revised contents are underlined and removed contents are marked with strikethrough lines:

1. The amendments of Terms and Conditions for Citibank Personal Loan

Related clause 4.11 has been updated as:

"Early full repayment of the Loan is permitted subject to my/our payment of any interest and other charges accrued up to the due date of the next monthly installment payment following Citibank's receipt of the notice for early full repayment from me/us. In addition, an early repayment fee based on a rate on the entire principal amount of the Loan as set out in the Approval Letter subject to a minimum of HK$100 principal loan outstanding amount outstanding principal amount as set out in the Approval Letter will be payable by me/us for early full repayment of the Loan. The early settlement amounts are rounded up to the nearest integer. The rate of the early repayment fee depends on the loan tenor and the early full repayment period. Partial repayment of the Loan is not permitted."

2. The amendments of Key Facts Statement (KFS) for Citibank Personal Loan

Amend part of existing "Prepayment/ Early Settlement/ Redemption Fee" Clause under "Fees and charges" section, "Prepayment/ Early Settlement/ Redemption Fee" Clause has been updated as:

Early settlement fee ("Early Repayment Fee") is charged on the entire principal amount of the Loan according to the date of early repayment as follows or HK$100 (whichever is higher):

? Early Repayment Fee for loan tenor 12/24/36/48/60/72

1.5% per year according to the remaining tenor rounded up to a yearly basis

? Early Repayment Fee for loan tenor 6/18/30/42/54/66

0.75% for remaining tenor within 6 months plus 1.5% per year for each additional remaining tenor rounded up to a yearly basis equivalent to 4% of outstanding principal amount.

Partial repayment of the loan is not permitted.

You could review the revised Terms and Conditions abovementioned by visiting our website at

.

Please feel free to contact CitiPhone Banking at (852) 2860 0333 if you have any questions in relation to the amendments.

You may refuse to accept the amendments and terminate your account or our services by giving us notice prior to the

Effective Date. Please note that we may not be able to provide you with the account, facilities or services if you do not accept

the amendments.

Thank you for choosing Citibank. It is always a pleasure serving you.

Yours faithfully

Citibank (Hong Kong) Limited

Copyright ? 2023 Citigroup Inc. All rights reserved. Citi, Citibank, Citi and Arc Design, and CitiPhone used herein are service marks of Citigroup Inc., Citibank (Hong Kong) Limited, Citibank, N.A. Organized under the laws of U.S.A. with limited liability.

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