Withdrawal Administrative Fee adjustment

Thank you customers for choosing our Conrad Investment Services Limited trading platform!

Recently, due to the COVID-19, most banks in Hong Kong have shortened their business hours, China Minsheng Bank (CMBC) "民生銀行" and China Merchants Bank(CMB) "招商银行" (business hours until 14:00 in the afternoon). Both China Merchants Bank and Minsheng Bank have only one branch in Hong Kong that only handles customer cheque deposits. The deposit of cheques for our customers was greatly affected and related administrative expenses were incurred. Therefore, customers who withdraw funds through "China Merchants Bank" or "Minsheng Bank" will be charged an administrative fee of HK$300 for each withdrawal.

Fees above will take effect on January 26, 2021.