BC-4.2.3

Versions

Oct 01 2012 - Mar 31 2014
Apr 01 2014 - Jun 30 2015
Jul 01 2015

Past version: Effective from 01 Apr 2014 to 30 Jun 2015
To view other versions open the versions tab on the right

A retail bank must make available, at their premises, information leaflets containing information on the key products and services in respect of all credit agreements including:

(a) The Annual Percentage Rate of profit, hereinafter referred to as APR and defined in Paragraph BC-4.2.10, for instalment financing facilities only; and

(b) The annual profit rate on credit facilities (as referred to in Paragraph BC-4.2.14), commission, fees, one-off charges, expenses on behalf of third parties, exchange rates applied and any other charges.

Amended: April 2014
Added: October 2012

Location:

BC-4.2.3