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HKD ACCOUNTS CONSOLIDATION AND CLOSURE FORM (For Personal Sole Accounts Only) Date DDMMYYYYPlease post your completed form to: The Hong Kong and Shanghai Banking Corporation Limited, P O BOX 72677,

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How to fill out consolidation form

01

Start by gathering all the necessary information and documents required for the consolidation form.

02

Begin by filling out the personal information section, providing details such as your name, address, contact information, and social security number.

03

Move on to the section that requires information about your current loans or debts that you wish to consolidate. Provide details such as loan account numbers, outstanding balances, and corresponding lenders.

04

If you have multiple loans from different lenders, you may need to attach additional sheets or include supplemental forms with the consolidation form.

05

Carefully review the instructions on the form and ensure you have completed all the necessary sections accurately.

06

Once you have filled out the form, sign and date it appropriately.

07

Make copies of all the completed forms and supporting documents for your records.

08

Submit the consolidation form along with any required supporting documents to the designated address or online portal as instructed.

09

Keep track of the progress of your consolidation request and follow up with the relevant authorities if needed.

10

Finally, once your consolidation form is processed, review the terms and conditions of the new consolidated loan carefully before accepting the offer.

Who needs consolidation form?

01

Anyone who has multiple loans or debts that they wish to consolidate into a single loan with more favorable terms may need a consolidation form.

02

Individuals who are struggling to manage multiple loan payments or want to simplify their financial obligations can benefit from using a consolidation form.

03

Consolidation forms are commonly used by individuals seeking to merge student loans, credit card debts, or other types of loans into a single loan with a lower interest rate or monthly payment.

04

Whether you are trying to simplify your finances, reduce the overall interest paid, or extend the repayment period, a consolidation form can be helpful in achieving these goals.

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What is consolidation form?

Consolidation form is a form used to combine financial information from multiple entities into a single comprehensive statement.

Who is required to file consolidation form?

Entities that have subsidiaries or multiple business units are required to file consolidation form.

How to fill out consolidation form?

Consolidation form can be filled out by entering financial data from each entity and following the specific instructions provided.

What is the purpose of consolidation form?

The purpose of consolidation form is to provide a clear picture of the overall financial performance of a group of related entities.

What information must be reported on consolidation form?

Consolidation form typically requires information such as revenue, expenses, assets, liabilities, and equity for each entity.

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