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Margin Rate


KW charges very low rate to your margin financing!

When calculating rates, keep in mind that KW uses a blended rate based on the tiers below. For example, for a balance over 1,000,000 USD, the first 100,000 is charged at the Tier I rate, the next 900,000 at the Tier II rate, etc.

The tiers which interest is based upon may change from time-to time without prior notification to customers. Such adjustments are done periodically to adjust for changes in currency rates.


 

Interest Rate to USD Margin


  
Tier Balance (USD) <= 100,000 100,000 ~ 1,000,000 1,000,000 ~ 3,000,000 >= 3,000,000
Interest Rate
2.67% 2.17% 1.67% 1.50%

Example:

    1. When your statement reflects that your Cash Balance= - US$50,000:


Tier Balance
Debit Balance
Interest Rate
Interest Paid

<= 100,000 US$50,000 2.67% US$1,335

Total US$50,000 Blended Rate:2.67% US$1,335
    

    2. When your statement reflects that your Cash Balance = - US$500,000:

 

Tier Balance Debit Balance Interest Rate Interest Paid

<= 100,000 US$100,000 2.67% US$2,670

100,000 ~ 1,000,000 US$400,000 2.17% US$8,680

Total US$500,000 Blended Rate:2.27% US$11,350

    3. When your statement reflects that your Cash Balance = - US$5,000,000:



Tier Balance Debit Balance Interest Rate Interest Paid

<= 100,000 US$100,000 2.67% US$2,670

100,000 ~ 1,000,000 US$900,000 2.17% US$19,530

1,000,000 ~ 3,000,000 US$2,000,000 1.67% US$33,400

>= 3,000,000 US$2,000,000 1.50% US$30,000

Total US$5,000,000 Blended Rate:1.712% US$85,600

Interest Rate to HKD Margin



Tier Balance (HKD) <= 780,000 780,000 ~ 7,800,000 >= 7,800,000
Interest Rate
2.599% 2.099% 1.599%

Example:

    1. When your statement reflects that your Cash Balance = -HK$100,000:


Tier Balance
Debit Balance Interest Rate Interest Paid

<= 780,000 HK$100,000 2.599% HK$2,599

Total HK$100,000 Blended Rate:2.599% HK$2,599

    2. When your statement reflects that your Cash Balance = -HK$1,000,000:


Tier Balance Debit Balance Interest Rate Interest Paid

<= 780,000 HK$780,000 2.599% HK$20,272

780,000 ~ 7,800,000 HK$220,000 2.099% HK$4,618

Total HK$1,000,000 Blended Rate:2.489% HK$24,890

    3. When your statement reflects that your Cash Balance = - HK$10,000,000:


Tier Balance Debit Balance Interest Rate Interest Paid

<= 780,000 HK$780,000 2.599% HK$20,272

780,000 ~ 7,800,000 HK$7,020,000 2.099% HK$147,350

>= 7,800,000 HK$2,200,000 1.599% HK$35,178

Total HK$10,000,000 Blended Rate:2.028% HK$202,800


Margin Interest Rates


 

When calculating rates, keep in mind that KW uses a blended rate based on the tiers below. For example, for a balance over 1,000,000 USD, the first 100,000 is charged at the Tier I rate, the next 900,000 at the Tier II rate, etc.

The tiers which interest is based upon may change from time-to time without prior notification to customers. Such adjustments are done periodically to adjust for changes in currency rates

BM = Benchmark Rate


Balance Cutoffs
Amount Charged on Balances:

Currency

Tier I

Tier II

Tier III

Below Tier I
Cutoff
Between
Tier I & Tier II Cutoffs
Between
Tier II & Tier III
Cutoffs

Above Tier III
Cutoff
USD 100,000 1,000,000 3,000,000 2.66% 
(BM + 2.5%)
2.16% 
(BM + 2%)
1.66% 
(BM + 1.5%)
Greater of 1.5% 
or 
(BM + 1.25%)(1)
AUD 100,000 1,000,000 No Tier III 6.222% 
(BM + 2.5%)
5.722% 
(BM + 2%)
5.222% 
(BM + 1.5%)(1)
5.222% 
(BM + 1.5%)(1)
CAD 100,000 1,000,000 No Tier III 3.498% 
(BM + 2.5%)
2.998% 
(BM + 2%)
2.498% 
(BM + 1.5%)(1)
2.498% 
(BM + 1.5%)(1)
CHF 90,000 900,000 No Tier III 2.513% 
(BM + 2.5%)
2.013% 
(BM + 2%)
1.513% 
(BM + 1.5%)(1)
1.513% 
(BM + 1.5%)(1)
DKK N/A(6) N/A(6) N/A(6) 4.096% 
(BM + 4%)
4.096% 
(BM + 4%)
4.096% 
(BM + 4%)(1)
4.096% 
(BM + 4%)(1)
EUR 75,000 750,000 No Tier III 2.812% 
(BM + 2.5%)
2.312% 
(BM + 2%)
1.812% 
(BM + 1.5%)(1)
1.812% 
(BM + 1.5%)(1)
GBP 65,000 650,000 No Tier III 2.051% 
(BM + 2.5%)
2.551% 
(BM + 2%)
2.051% 
(BM + 1.5%)(1)
2.051% 
(BM + 1.5%)(1)
HKD 780,000 7,800,000 No Tier III 2.599% 
(BM + 2.5%)
2.099% 
(BM + 2%)
1.599% 
(BM + 1.5%)(1)
1.599% 
(BM + 1.5%)(1)
HUF N/A(5) N/A(5) N/A(5) 12.37% 
(BM + 6%)
12.37% 
(BM + 6%)
12.37% 
(BM + 6%)(1)
12.37% 
(BM + 6%)(1)
ILS N/A(4) N/A(4) N/A(4) 8.51% 
(BM + 6%)(4)
8.51% 
(BM + 6%)(4)
8.51% 
(BM + 6%)(4)
8.51% 
(BM + 6%)(4)
INR N/A(3) N/A(3) N/A(3) 14.75%(3) 14.75%(3) 14.75%(3) 14.75%(3)
JPY 8,000,000 80,000,000 No Tier III 2.606% 
(BM + 2.5%)
2.106% 
(BM + 2%)
1.606% 
(BM + 1.5%)(1)
1.606% 
(BM + 1.5%)(1)
KRW 120,000,000 1,200,000,000 No Tier III 6.26% 
(BM + 3%)
5.76% 
(BM + 2.5%)
5.26% 
(BM + 2%)(1)
5.26% 
(BM + 2%)(1)
MXN 1,400,000 14,000,000 No Tier III 8.764% 
(BM + 4%)
7.764% 
(BM + 3%)
7.264% 
(BM + 2.5%)(1)
7.264% 
(BM + 2.5%)(1)
NOK 600,000 6,000,000 No Tier III 4.05% 
(BM + 2.5%)
3.55% 
(BM + 2%)
3.05% 
(BM + 1.5%)(1)
3.05% 
(BM + 1.5%)(1)
NZD 140,000 1,400,000 No Tier III 5% 
(BM + 2.5%)
4.5% 
(BM + 2%)
4.25% 
(BM + 1.75%)(1)
4.25% 
(BM + 1.75%)(1)
SEK 700,000 7,000,000 No Tier III 4.102% 
(BM + 2.5%)
3.602% 
(BM + 2%)
3.102% 
(BM + 1.5%)(1)
3.102% 
(BM + 1.5%) (1)
SGD(1) N/A(2) N/A(2) N/A(2) 3.243% 
(BM + 3%) (2)
3.243% 
(BM + 3%) (2)
3.243% 
(BM + 3%)(2)
3.243% 
(BM + 3%)(2)