Announcements for Customers

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Notice of the Payment Services

This notice is valid from January 1, 2016 for the corporate clients of HSBC Bank plc – pobočka Praha in the Czech Republic.

With effect from 1 January 2016, that for security reasons, daily maximum transfer limits will be applied for all HSBCnet clients for which Sole Transaction Control is allowed. The limit applies to all payments regardless of the number of people involved in their preparation and approval. For existing clients using Sole Transaction Control, the limit will be determined on the basis of their recent transaction activity but not more than 12 million CZK or equivalent in another currency.

This Notice is an integral part of the Business Terms and Conditions for Current Accounts of Legal Entities (Conditions).

Terms used but not defined herein have the same meaning as in the Conditions.

Change of Outgoing Domestic Payments Standard Cut-off Times

With effect from August 1, 2014 the Outgoing Domestic Payments Standard Cut-off Times are changing the following way:

Domestic payment - Electronic Transfer (D+0) and Manual Transfer (D+1) - Cut-off Time moves from 10:30 to 11:30 (CET).
Domestic Express Payment – Electronic Transfer (D+0) and Manual Transfer (D+0) - Cut-off Time moves from 10:30 to 11:30 (CET).

Complete overview of Outgoing Payments Standard Cut-off Times is published at www.hsbc.cz in Download Centre.

This Notice is an integral part of the Business Terms and Conditions for Current Accounts of Legal Entities (Conditions).

Terms used but not defined herein have the same meaning as in the Conditions.

Announcement – New Financial Regulators in the UK

"With effect from 1 April 2013, the United Kingdom financial regulatory structure has changed. The Financial Services Authority has been replaced by two regulatory bodies, the Financial Conduct Authority and the Prudential Regulation Authority.

HSBC Bank plc was regulated and authorised by the Financial Services Authority prior to 1 April 2013 and will be authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority from 1 April 2013.

From 1 April 2013, any references to the Financial Services Authority (FSA) shall be construed as references to the Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) or both Authorities as the context allows."

Announcement on change of interest rates (p.a.) for Current and Savings accounts valid from 1 March 2010

Announcement of HSBC Bank plc - Prague Branch, made on 28 December 2009, by which interest rates for Current accounts are changed, taking effect as of 1 March 2010: EUR 0.0% for all volumes; GBP 0.0% for all volumes; CZK 0.0% for all volumes; USD 0.0% for all volumes.

Announcement of HSBC Bank plc - Prague Branch, made on 28 December 2009, by which interest rates for Savings accounts are changed, taking effect as of 1 March 2010: EUR 0.0% for all volumes; GBP 0.0% for all volumes; CZK 0,0% for all volumes; USD 0.0% for all volumes.

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