Terms & Conditions:

1. This payment facility is only applicable to personal credit cardholders from HSBC in Singapore.
2. Each cardholder (main or supplementary) is only eligible to sign up to pay his/ her own income/ property tax and/ or TV licence fee, i.e. main cardholders are not allowed to sign up on behalf of supplementary cardholders although they are still responsible for outstanding balances on the supplementary card.
3. This payment facility is valid only for the tax chargeable to Year of Assessment 2008 onwards.
4. Cardholders who opt for monthly payment will have their participation in this programme renewed annually based on the latest record of their GIRO Instalment Plan with HSBC.  In such cases, HSBC will not terminate the cardholder's participation in this programme unless explicit instructions are received from the cardholder.
5. An administration fee of 0.5% on each tax/ licence fee amount charged to the HSBC credit card is applicable. For cardholders who opt for monthly payment, the administration fee will be charged to their HSBC credit card upon each monthly deduction. For cardholders who opt for one-time payment, the administration fee will be charged to their HSBC credit card as one lump sum upon the deduction of the tax/ TV licence fee amount. The administration fee will appear as a separate charge reflected under “Instalment Handling Fee” in the account statement.
6. Should the cardholder's tax status change at any time, it is the cardholder's responsibility to inform HSBC of such a change by faxing in new legible supporting documents to (65) 6733 0477.
7. HSBC will not process the cardholder's application if there is insufficient information or documentation submitted to the bank and will not be liable for any failure or delay in the cardholder's income tax payment(s) due to any of the following:
   a. Insufficient funds for IRAS/ MDA deduction after crediting the cardholder's designated Bank/ GIRO account;
   b. Lost/ Stolen card;
   c. Terminated account; or
   d. Insufficient available credit limit in the cardholder's HSBC card account.
   
8. Cardholders must have sufficient available credit limit in their HSBC credit card accounts by the 20th of the month if they have opted for monthly payments or at the point of deduction for the one-time payment.
9. Application forms/ revised GIRO Instalment Plans received after the 20th of the current month are processed for income/ property tax and/ or TV licence fee payments in the following month.
10. No back payment will be made after the payment due date for the cardholder's income/ property tax and/ or TV licence fee.
11. This payment facility will be cancelled after unsuccessful deductions over three consecutive months and cardholders are solely responsible for making their own payment arrangement to IRAS/ MDA.
12. For one-time payment, cardholders are required to submit relevant IRAS/ MDA documents as requested by HSBC such as the “Notice of Assessment” form for income/ property tax and/ or TV licence fee notice and cardholders are responsible for making the necessary payment arrangement with IRAS/ MDA.
13. For monthly payment, only the account specified as the GIRO account in the “GIRO Instalment Plan” for income/ property tax and/ or TV licence fee from IRAS/ MDA will be credited with funds. Cardholders are required to submit a copy of their revised “GIRO Instalment Plan” every new tax assessment year to HSBC. Cardholders must inform HSBC and submit a new application form should there be any change in their personal or account information.
14. Cardholders are responsible for the accuracy of bank account details and other personal information in all documents submitted to HSBC.
15. The amount credited will be based on the amount credited in the last tax assessment year until HSBC receives the cardholder's revised GIRO Instalment Plan(s) for the new tax assessment year. Cardholders are required to submit their revised GIRO Instalment Plan(s) as soon as they receive it so that the appropriate adjustments to their monthly payment can be effected if necessary.
16. Should cardholders fail to submit their revised GIRO Instalment Plan(s) for the new tax assessment year, HSBC reserves the right to take appropriate action, which may involve terminating the cardholder's participation in the programme.
17. A notification given to HSBC is required should the cardholder wish to terminate this payment facility. This notification should reach the Bank before 20th of the month for the cancellation to take effect on the same month. Otherwise, the cancellation will take place the following month.
18. In the event of any dispute, HSBC's decision shall be final and binding. HSBC reserves the right to vary, delete or add to any of these terms and conditions at any time at its discretion without notice.
19. All terms and conditions are accurate at the time of publishing or posting online.