Dah Sing Bank is always aggressive and innovative in developing personal loan products. In line with its long-term business strategies in developing electronic banking services, Dah Sing Bank announced to launch the first on-line revolving loan in the market, Virtual Cash. Customers can complete the entire loan application process from application to application status enquiry, loan disbursement, receiving monthly statement and repayment, etc.

Most banks offering on-line loan services may request customers to visit branches again for providing income proof for loan disbursement. However, customers only need to visit Dah Sing's website at www.dahsing.com and they can apply Virtual Cash on-line and get an instant approval as well. If customers want to withdraw cash from their Virutal Cash accounts, they only need to input required information through the internet such as withdrawal amount and bank account number, and the cash will be transferred to their designated accounts without any pre-registration needed. Moreover, customers can also view their monthly statements on the net and change statement colors via internet too. In addition, customers can register their own e-mail address at our website and e-mail alert services of monthly statement and payment due date can be offered. Furthermore, customers can purchase fabulous products by our installment plan via their Virtual Cash accounts.

Apart from the above on-line loan services, Virtual Cash also offers customers the most privileged interest rate at 7%p.a. across the board.

The Bank's Deputy General Manager Ms. Shera Lee said, "Dah Sing Bank will keep on focusing its e-banking services in the near future by incorporating the advance technology to a wide range of banking products and services. The launch of Virtual Cash not only provides loan services with high flexibility, but also starts our step of developing our e-banking services aggressively."