Tailor-made Business Solutions for Start-ups
Start-ups and micro-enterprises lack experience and resources at early start-up stage. The journey can be tedious and complicated. There is a rumour about long processing time and heavy supporting documentation when opening a SME bank account. 328 Business Banking Service provides effective business solutions to start-up and micro-enterprise customers, offering a one-stop solution for streamlined capital and financial management. We are partnering with Dah Sing Insurance to provide a first-year insurance premium waiver for start-ups, so that SME customers can focus on their business development, build a good foundation under the new normal and grasp the right opportunities to thrive.
One-stop Account Management to maximize operational efficiency
Dah Sing Bank actively invests in digital services. SME customers can manage their businesses via 328 Business e-Banking and 328 Business Mobile Banking. 328 Business Mobile Banking allows SME customers to manage Administrators and Approvers, so that they can manage business accounts and streamline financial management workflow at fingertips. 328 Business Banking provides Merchant Payment Acceptance Services with an all-in-one point of sales machine to enhance merchants' collection services and maximize operational efficiency. Furthermore, Merchant Receivables Loan is available based on merchant average monthly sales with no financial statements or collateral required, helping merchants to improve liquidity and better support their expansion needs.
Dah Sing Bank helps SMEs to stay competitive
Amid the pandemic, SMEs continue to suffer from rising costs and financial pressure. The business environment has been unfavourable for SMEs. Dah Sing Bank fully supports SMEs to stay competitive and improve your cash flow. 328 Business Banking offers various lending solutions to fully support your business expansion or liquidity needs. 328 SME Loan supports SMEs with extra funding to grasp every business opportunity and improve your competitiveness by offering loans with loan amount of up to HKD3 million, loan tenor as long as 60 months and without any collateral.
Open Company Account to enjoy up to 1.68% HKD Savings Interest Rate (p.a.)
Dah Sing Bank is pleased to partner with YOOV to offer end-to-end account opening experience to SME customers. From 3 Aug 2022 to 31 Dec 2022 (both dates inclusive), any YOOV customer who successfully applies for and opens a 328 Business Account via YOOV platform and inputs the promotion code “YOOV2022” in the 328 Business Banking Online Application on Dah Sing Bank's website can enjoy a HKD200 account opening welcome offer# and various account opening offers#, including:-
HKD savings interest rate of 1.68% (p.a.)
Foreign exchange rate with 0% spread
Remittance handling fee waiver for the first three months
Cash reward of up to HKD3,300
(includes up to HKD1,000 of payroll reward + up to HKD1,500 of loan reward + HKD500 of payment collection reward + HKD300 of Dah Sing Business Card reward)
Dah Sing Insurance "SME Lite"^ premium waiver for the first year
An integrated insurance solution for protecting and nurturing SMEs and start-ups
- Simplicity: Product structure is straightforward with affordable premium and charges at flat rate. Simple steps only needed to obtain insurance coverage with instant approval and auto-renew feature
- Business continuity: Complimentary Employees' Compensation extension on temporary Work From Home (WFH) arrangements. Extra Personal Accident protection for Proprietor/Director (non-employee) for long term business continuity planning
- Virtual safety: Supports digital business development and covers business risks on loss of privacy data liability
Furthermore, any YOOV customer who visits our Bank's website via the hyperlink in the YOOV platform to make an appointment to apply our 328 SME Loan and input the promotion code "YOOV2022" in the appointment form, and successfully applies for and drawdown the 328 SME Load on or before 31 Jan 2023 can enjoy a HKD200 welcome offer of SME Loan#.
|328 Business Account||328 SME Loan|
For the details of 328 Business Banking, please visit www.dahsing.com/biz/yoov/en.
For the details of SME Lite, please visit www.dahsinginsurance.com/SME_Lite.
#Details of the welcome offer are subject to relevant terms and conditions.
^"SME Lite" is underwritten by Dah Sing Insurance Company (1976) Limited ("Dah Sing Insurance"), but not the product of Dah Sing Bank, Limited (the "Bank"). The Bank, registered as a licensed insurance agency, is the authorized licensed insurance agency of Dah Sing Insurance and distributes insurance products for Dah Sing Insurance. In respect of an eligible dispute (as defined in the Terms of Reference for Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and the customer out of the selling process or processing of the related transaction, the Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer; however, any dispute over the contractual terms of the product should be directly resolved between Dah Sing Insurance and the customers. Dah Sing Insurance is solely responsible for all coverage and compensation and reserves the right of final approval of the enrolment of "SME Lite". The above information is for reference only and is not the details of the plan coverage. It is intended to be published in Hong Kong only but not the details of the plan coverage. It shall not be construed as an offer, solicitation or recommendation to provide or sell or a solicitation to purchase any insurance plans of Dah Sing Insurance outside Hong Kong. For the policy coverage, detailed terms and conditions and policy exclusions, etc. of "SME Lite", please refer to the policy contract of "SME Lite" and the information stated in the relevant policy contract shall prevail. Please read, fully understand and accept the terms and conditions, policy coverage, policy exclusions and premium stated in the relevant documents and policy contract before applying for any insurance plans.
Foreign Currency Trading
Foreign currency trading involves risks. Foreign currency investments are subject to exchange rate fluctuation which may provide both opportunities and risks. The fluctuation in the exchange rate of foreign currency may result in losses in the event that the customer converts the foreign currency into Hong Kong dollar or other foreign currencies. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this information. This information does not purport to identify all the risks that may be involved in the product or investments referred to in this information. Before making investment decision, investors should read and understand the offering documents of such products, including but not restricted to the risk disclosure statement and health warning.
To borrow or not to borrow? Borrow only if you can repay!
These services / products are not targeted at customers in the EU.
In case of any conflict or inconsistency between the English and Chinese versions of this document, the English version shall prevail.