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Important Information

Relationship Balance to include MPF and TVC account balance

With effect from 1 Apr 2019, Tax Deductible Voluntary Contributions (“TVC”) account is introduced in HK.  This is a new account type and subject to the prevailing maximum tax deductible amount, the account balance of which is tax deductible.  If the Bank has previously received your authorisation and consent to receive your MPF account information under Manulife Global Select (MPF) Scheme, the Relationship Balance* of your personal account will include the TVC account balance as well.  If you have not given your consent before but wish to do so, you can obtain the request form at https://www.sc.com/hk/zh/help/download-centre/.

*For details, please refer to the Opt-in/Opt-out request form and the definition of Relationship Balance in the booklet of “Service Charges – An easy guide to banking fees”