Application for HSBC Amanah Personal Financing-i

Please PRINT and SIGN on this letter and send it along with the following document to the bank.
Dear
ID Type/No.: /
Thank you for your application, your reference number is , please note it down for your future reference.

Summary of Facilities Details

Facility Required:
Processing Branch:
For Bank use only
Annual Income: Profit Rate 10.5% flat p.a. (RM6,000-RM15,000)
Facility Amount: 9.5% flat p.a. (RM15,500-RM30,000)
Payment Period: months
8.5% flat p.a. (RM30,500-RM100,000)
Selling Price*
Account for facility drawdown & monthly payment:
My existing HSBC account no.: - - Instalment Amount*
Amanah Statement Savings Account-i: * Subject toApproval Advice
The preferred date for monthly payments: of every month

Letter of Instructions for HSBC Amanah Personal Financing-i

Please PRINT and SIGN on this letter and send it along with the following document to the bank.
Customers who do not have credit cards or have credit cards Customers who have credit cards for more than 12 To, Telesales Department
for less than 12 months: months: Level 2, Bangunan Medan Pasar
Please note that you will have to submit your printed PDF Please note that you can mail in your printed PDF form No 19/21 Leboh Pasar Besar
form and income documentations, physically to any preferred and income documentations to the following address: 50050 Kuala Lumpur
HSBC branch. Wilayah Persekutuan

Salaried Applicants Variable Income Earner Self Employed

Multinational / Public Listed Companies / Government / Semi 1. Copy of NRIC 1. Copy of NRIC
Government office.
1. Copy of NRIC 2. AND 2. AND
AND Copy of the latest 3 months Pay Slip or Copy of Bank Copy of the latest Form B (with payment receipts, or
2. a) Copy of Current or Previous Month's Pay Slip/ Copy of Statement Showing Salary Credit into Account CP02 attached) /EPF Statement OR Copy of Audited
Bank Statement Showing Salary Credit to Account AND Financial Statement/Profit & Loss Account
OR 3. Copy of latest Form BE (with payment receipts
AND
b) Copy of latest Form BE (with payment receipts attached) /EPF attached) /EPF Statement or Copy of Yearly 3. Copy of Business Registration Form
Statement Commission Statements from Employer
OR
c) Copy of appointment letter (if employed less than 3 months)
For other companies, please pr ovide documents numbered
1,2(a) and 2(b)

Terms & Conditions

I have read and unsderstood the Terms and Conditions of HSBC Amanah Personal Financing-i ("Terms") and make this application on those Terms (a copy being available for my retention).
I acknowledge that acceptance of this application is complete upon Bank crediting its approved Financing Amount into my indicated amount. Without prejudice to the aforesaid, any utilisation
of monies from such account, or failure to return monies unused within 30 days after crediting, shall prelude me from not proceeding with the Financing on the Terms.

Mode of Financing
In accordance with the financing procedure of the Bank and under the Syariah principle of Al-Bai Inah (sale and buy back), the Bank shall sell to the customer the Asset at an agreed sale
consideration (the "Bank's Selling Price") upon the Terms and Conditions indicated in this form.
*
1

Signature of applicant
Date:
And immediately thereafter, the customer shall resell the Asset to the Bank and the Bank shall purchase the Asset at an agreed purchase consideration (the "Bank's Purchase Price", being equal
to the approved Financing Amount) upon the Terms and Conditions herein and as indicated in the Approval Advice. The Bank's Purchase Price will be credited into the account indicated by the
customer. The Bank's Selling Price shall be paid by the customer on deferred payment terms (Instalments) as advised by the Bank to the customer in the Approval Advice to be issued by the
Bank. The Bank's Selling Price is made up of the Bank's Purchase Price together with the agreed margin of profit of the Bank.
* *
3 2

Signature of officer Signature of applicant

Date: Date:
Any differences to the Financing Amount as applied for, and as finally approved, shall not affect the essence and the validity of the contract, and customer is deemed to have agreed to obtaining
the financing for the amount as approved by the Bank.

*Please sign all boxes in the numbered sequence.

For Bank use only

Details of Assets Certificates Ref. No. Cost Price
 Application for HSBC Amanah Personal Financing-i
Terms & Conditions (”Terms”)
HSBC Amanah Personal Financing-i (“Facility”)

Applicant (as particularised in Part 3 of this Form) applies for the Facility on, and agrees to be bound by these Terms and any variation thereof or addition thereto as Bank may prescribe from time to
time:
1. A non-refundable processing fee of RM100 is payable upon each successful application. Bank may refuse the application for the Facility without assigning any reason therefore.
2. Applicant warrants to Bank that he (reference to the masculine gender in these Terms includes all genders) is not an undischarged bankrupt, nor are there any bankruptcy proceedings, legal suits or other actions
current or pending against him which will affect his ability to meet his obligations under these Terms, and acknowledges reliance of Bank on this warranty regardless of any checks Bank may itself conduct in processing
the application. While Bank does not require a purpose to be stated, Customer agrees that the Facility is intended for utilisation not contrary to principles of Syariah.
3. For the purposes of the granting of the Facility, the parties mutually enter into two transactions under the Syariah principle of Bai Inah, whereby Bank sells the Asset (an Islamic Negotiable Instrument of Deposit owned
by HSBC Bank Malaysia Berhad equivalent to the requested facility amount) to Applicant (henceforth interchangeably referred to as 'Customer') at the price stated in the HSBC Amanah Personal Financing-i Application
form (Bank's 'Selling Price'). Bank immediately repurchases the Asset from customer at Bank's Purchase Price, (also called the 'Facility Amount'). Customer will be paid the Facility Amount by a credit into his account (to
have then been opened with and/or specified to Bank).
[Bank's profit on the Facility will be calculated based on the rate specified in this Form. The Selling Price, which is the aggregate of the Facility amount and the profit thereon, will be stated in this Form in one lump sum.] 4.
Payment of the Selling Price shall be made by you by the number and in the amount of monthly instalments as stated in the Approval Advice, the first of such instalments will be debited to your account 1 month after the
date of first disbursement of the Facility or on such other date as shall be fixed from time to time by the Bank and subsequent instalments on or before the 1st day of each month thereafter. The Approval Advice shall be
read as, and form part of, this Form. The former shall prevail in the event of inconsistency.
5. If Customer fails to pay any instalment when due, or the Selling Price when demanded (where Terms allow for such repayment on demand), Customer agrees to pay late payment compensation as prescribed from time
to time by the relevant Syariah committee having jurisdiction over Bank, or as allowed by Bank Negara Malaysia, forthwith upon demand. The applicable late payment compensation rate (prior to Facility being classified
as a Non- Performing Loan) is currently One per centum per annum (1% pa) calculated from overdue date until date of full payment. The late payment compensation rate shall be equal to the then-current R-rate upon the
Facility being classified as a Non-Performing Loan. Bank may debit Customer's stated account or any other account(s) with the Bank for purposes of such payments. For avoidance of doubt, no amount of compensation or
other payments shall be compounded on overdue instalments or on the Selling Price, as the case may be.
6. The Facility is subject to there not having occurred any of the following Events of Default, and the full Selling Price or the unpaid balance thereof, as well as any other sums due herein, shall become payable on demand
if Customer:
a. defaults in payment of any monies payable hereunder or any one or more of the instalments or any part thereof or any other sums or moneys due under the Aqad on sale of the Asset, or in the opinion of Bank the
Customer's account has been unsatisfactorily conducted; or
b. fails to observe or perform any of the agreements, covenants, stipulations, terms and conditions to be observed or performed on his
part; or c. dies or becomes of unsound mind; or
d. is unable to pay his debts or suspends payment thereof or enters into any arrangement or composition with his creditors or commits an act of bankruptcy; or e. has other indebtedness howsoever arising to Bank or any
third party that becomes capable according to its terms of being declared due prematurely by reason of his default or otherwise, or the security for such indebtedness becomes enforceable, including due to his failure to
pay within the required period any such debts incurred; or
f. has a distress or execution levied or enforced upon any of his properties; or g. [For any reason any guarantee or security given to Bank for the payment of this Facility shall be terminated or lapse for any reason
whatsoever or if the guarantor and/or security provider shall be in default under the terms of the guarantee and/or security document or dies or becomes of unsound mind or is wound-up or commits any act of
bankruptcy; or]
h. [ceases or threatens to cease carrying on his business or transfers or disposes or intends to transfer or dispose of a substantial part of his assets or changes or intends to change the nature or scope of his business as
now conducted; or]
i. has a petition is presented against him for bankruptcy or a trustee, or similar official, is appointed over all or a substantial part of his assets or if execution or any form of action is levied or taken against his assets; or j. in
Bank's opinion, undergoes any change or threatened change in circumstances which would materially and adversely affect his business or financial condition or ability to perform obligations under the Facility, or any
other agreement with Bank; or
k. makes representations and warranties in this Form or otherwise to Bank which are untrue, materially misleading or incorrect; or l. by reason of any change in circumstances, applicable law or regulations or in the
interpretation or application thereof it shall become unlawful for Bank to comply with its obligations herein or to continue to make available the Facility; or
m. has any of his current accounts closed by any bank following the requirements of Biro Maklumat Cek, notwithstanding that his current account(s) with Bank, whether held solely or jointly with others, has been
conducted satisfactorily.
7. All stamp duty and solicitors' fees (on solicitor and client basis) incurred by Bank in relation to in connection with or incidental to provision of the Facility and/or Bank's enforcement of its rights under the Facility shall be
payable by Customer and may, at Bank's discretion, be debited without prior notice to Customer's stated account or other account(s) with the Bank.
8. Customer is solely responsible for assessing these Terms in applying for the Facility, and is advised to seek independent legal advice in respect thereof. Customer confirms that no warranties, promises, representations
or collateral agreements have been made by or with Bank, orally or otherwise, and, even if any, to the extent not included in these Terms shall hereafter lapse and not be legally binding upon Bank nor be raised as a
defence or support of any claim by Customer in any legal proceedings.
9. Bank will apply any payment monies received firstly for Instalments, then for other outstanding monies, with discretion to revise the priorities as it deems fit. If any amount received or recovered in respect of Customer's
liabilities hereunder or any part thereof is less than the amount then due, Bank shall apply that amount in such proportions and order of priority and generally in such manner as the Bank may determine.
10. If the effect of any law or regulation or a change thereof, is to increase the cost to Bank of providing, maintaining or funding this Facility or reduces the effective return to Bank, Bank reserves the right to require
payment on demand of such amounts as considered necessary to compensate it therefor.
11. If Customer decides to settle the Selling Price or any part thereof prior to the relevant due date or dates thereof, the Bank may, at its absolute discretion and upon such terms as the Bank shall decide, grant an
Ibraa' (discount) on the Selling Price.
12. Customer gives Bank his express and irrevocable consent to disclose information relating to the Facility, his accounts current and other facilities presently held or which may otherwise be opened or obtained with
Bank from time to time ("Information") to such extent as Bank deems necessary, to:
a. any person Bank considers necessary in relation to the provision of the Facility and other services, or the operating procedures of Bank (including its accounting, client relationship or risk management functions),
including to members of the HSBC Group (in Malaysia or elsewhere), any service provider (including debt collection agencies) or other third party;
b. any bureaus or agencies established by Bank Negara Malaysia (including the Central Credit Reference Information System - "CCRIS") or by other regulatory authorities including the Association of Banks in
Malaysia; c. Bank's potential assignees, any of Customer's present or prospective security providers and any person Bank believes in good faith to be tendering payment of monies on his behalf.
Information may be used, stored, transferred, compiled, matched, obtained and/or exchanged by or with the aforementioned parties ('Users') and kept confidential by Users, save where disclosure is required under any
laws or regulations applicable to them. Information is provided in good faith and whilst care is taken in compiling, collating or producing Information, Customer agrees Bank and its officers shall not for any reason be
liable for any claim, loss, damage or liability howsoever arising (including indirect, special, consequential or punitive damages or any monetary loss) to him for the accuracy, completeness or authenticity of its contents or
for the consequences reliance which may be placed on Information.
13. Delay or failure by Bank in exercising any right, power, privilege or remedy accruing to Bank hereunder or in law or equity upon default by Customer shall not impair any such right, power, privilege or remedy or be
construed as a waiver thereof or acquiescence of such default. No action by Bank in respect of any default or acquiescence in such default, shall impair any right, power, privilege or remedy of Bank in respect of any other
antecedent or subsequent default.
14. Any provision of these Terms which is prohibited or unenforceable by law (whether Syariah or otherwise) shall be ineffective to the extent only of such prohibition or unenforceability without invalidating or affecting
the remaining Terms or the validity or enforceability of any Terms in any other jurisdiction where it is valid.
15. In the event Applicant withdraws this Application at any time after submission (but before approval or rejection thereof) he shall be liable for all legal expenses, charges and disbursements. 16.
Instalments Payment Standing Instruction Order ("Order"): Customer shall put in place the Order upon Bank's applicable terms therefor, and acknowledges that Bank accepts the Order on terms
that: a. Customer shall at all times ensure sufficient funds are in the account to meet all payments due for the Facility.
b. Bank will endeavour to effect payments under the Order, but accepts no responsibility to make the same, and shall not incur any liability through any refusal or omission to make all or any such payments or by reason
of late payment or by omission to follow the Order.
c. the Order is subject to any arrangement now subsisting or which may hereafter subsist between Customer and Bank in relation to his account or any banking accommodation afforded to him. d. Bank in its discretion
conclusively determines the order of priority of payment by it of any moneys pursuant to the Order or any other order or instruction, or cheque drawn on his account or instructions (whether written or otherwise)
Customer has given or hereafter gives to Bank.
e. the Order will remain effective for the protection of the Bank in respect of payments made in good faith notwithstanding Customer's death or bankruptcy until notice thereof in writing is received by
Bank. f. Bank may at its discretion levy a charge for any failed payment under the Order for lack of funds.
17. Service of Notices : Notices or correspondences to Customer in writing delivered personally or by ordinary post to the address specified by Customer for receipt of correspondences in this Form, or such other
addresses notified to Customer to Bank in writing shall be deemed received:-
a. if delivered by hand, when so delivered;
b. if sent by post (not being AR Registered post), on the third day after posting, notwithstanding subsequent return by the postal authority; Any demand hereunder or any court process including summons may be sent
to Customer by registered post (not being AR Registered post) and if sent by registered post (not being AR Registered post) to the address given for receipt of correspondences in this Form or last known to the Bank, shall
be deemed to be given on the third Day after posting thereof notwithstanding its subsequent return by the postal authority.
Customer shall as soon as practicable but at least seven (7) days prior to such change, notify the Bank in writing of any change of address. 18. Customer agrees that any admission or acknowledgment in writing by him or
by any person authorised on his behalf or a judgment (by default or otherwise obtained against him) or a certificate showing his indebtedness duly certified by an officer of Bank shall be binding and conclusive evidence
against him for whatever purpose including as being conclusive evidence of his indebtedness under the Facility in a court of law.
19. Facility is granted subject to Malaysian Law. Time, wherever stipulated for Customer's performance of Terms and his obligations, shall be of the essence. Bank, but not Customer, shall have the right to effect
assignment of its rights and liabilities under the Facility.
20. English language version of these Terms shall prevail in the event of any inconsistency with, or uncertainty arising in, other language
versions.