Exclusive Offers for New Clients

Important Note:

Please note that Premium Deposit and Equity Linked Investments are structured products involving derivatives and some Investment Funds would involve derivatives. The investment decision is yours but you should not invest in that investment product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.

Investment Fund Services offer

Investment Fund Services
  1. Offer 1:
    Subscription Cash Rebate Offer
    • Enjoy HK$200 cash rebate for every cumulative subscription amount of HK$100,000
  2. Offer 2:
    Additional Cash Rebate Offer for
    Subscription to Pre-selected Funds
    • Enjoy additional HK$300 cash rebate for every cumulative subscription amount of HK$100,000 of designated investment funds
  3. Offer 3:
    Transfer-in Cash Rebate Offer
    • Enjoy HK$200 cash rebate for every cumulative transfer-in amount of HK$100,000
Premium Deposit offer

Premium Deposit

Additional 3% p.a.
Premium Deposit interest rate

Foreign Exchange Trading Service offer
Foreign Exchange Trading

Monthly cash rebate up to HK$18,888
or 188,888 Asia Miles
for Foreign Exchange Trading Service

 
Equity Linked Investment Services offer

Equity Linked Investment

Up to additional 2.8% p.a.
Equity Linked Investments interest rate

Debt Securities Services offer

Debt Securities

Cash rebate without limit
for subscription of Bonds

Securities Services offer

Securities

$0 Securities brokerage on buy trades
for 3 calendar months



Promotion Period: 3 January – 31 March 2017

Terms and Conditions


General Terms and Conditions
  1. The promotion period is from 3 January to 31 March 2017, both dates inclusive (the “Promotion Period”).
  2. Offers are applicable to clients of Standard Chartered Bank (Hong Kong) Limited (the “Bank”), namely, clients whose account(s) is / are opened in his / her sole name or joint names, Commercial Banking clients or Business Banking clients, but excluding Private Banking clients of the Bank (the “Clients”).
  3. For non-HK dollar denominated transactions, the transaction amount will be converted into Hong Kong dollars on the transaction date based on the relevant prevailing foreign exchange rate determined by the Bank for calculation of the offer entitlement.
  4. Unless otherwise specified, each client can enjoy the offers once per product during the Promotion Period. For the avoidance of doubt, only the primary account holder will be entitled to the offers if the account(s) is / are set up in joint names..
  5. If clients are entitled to the offers in conjunction with other promotional offers, the Bank reserves the right to grant the client one of or part of the entitled offers only.
  6. Each of the banking products or services set out in these terms and conditions is subject to the relevant eligibility, application process and product terms and conditions. For further details, please refer to branch staff for assistance.
  7. The Bank reserves the right to determine the calculation methods applied under the product / services offers.
  8. The Bank reserves the right to terminate any of the offers and vary or modify any of the terms and conditions from time to time without prior notice. In case of disputes, the decision of the Bank shall be final and binding.
  9. If there is any inconsistency or conflict between the English and the Chinese versions, the English version shall prevail.

Terms and Conditions of Investment Fund Services Offer
  1. The Investment Fund Services Offer consists of Offer 1- Subscription Cash Rebate Offer, Offer 2- Additional Cash Rebate Offer for Subscription to Pre-selected Funds and Offer 3- Transfer-in Cash Rebate Offer.
  2. Investment Fund Services Offer is applicable to clients who sign up for new Investment Fund Services Account during the Promotion Period (the “Eligible New Clients”). Eligible New Clients must not have held Investment Fund Services Account with the Bank (either in sole name, joint names as primary / secondary account holder or Business Banking client) within the past 12 months prior to signing up for the relevant investment account(s).
  3. The Eligible New Clients can enjoy the Investment Fund Services Offer more than once during the Promotion Period.
  4. The cash rebate will be credited to the Eligible New Clients’ HKD / USD account either in sole name or joint names, in the following sequence: 1) Integrated Deposits Account, 2) Statement Savings, 3) Passbook Savings or 4) Current Account on or before 31 May 2017. If the Eligible New Clients have more than one account under the same account type, the Bank will select the one with the latest account opening date.
  5. The relevant Investment Fund Services Account(s) must still be valid at the time when the cash rebate is credited, otherwise the credit of the cash rebate will be forfeited.

Offer 1 – Subscription Cash Rebate Offer (“Subscription Offer”)
  1. In order to be entitled to the Subscription Offer, Eligible New Clients of Investment Fund Services must subscribe to any investment funds specified in clause 2 of this Section with daily accumulated subscription(s) reaching the aggregated subscription amount of HK$300,000 (or HK$ equivalent) in the same Investment Fund Services Account during the Promotion Period. For every accumulated subscription amount of investment funds of HK$100,000 (or HK$ equivalent), Eligible New Clients will be entitled to HK$200 cash rebate.
  2. This Subscription Offer is applicable to all Class A funds (subscription of HK$300,000 or above with a minimum subscription fee of 1.8%). Monthly Investment Plans and online subscription are NOT eligible for this Subscription Offer.
  3. Investment fund subscription amount is calculated on a single day basis. For illustration purpose, if the single day subscription amount of an Eligible New Client reaches HK$15,000,000 or above and with a minimum subscription fee of 1.8%, the Eligible New Client will be eligible for HK$30,000 cash rebate. Please also refer to clause 4 of the next Section entitled “Offer 2 – Additional Cash Rebate Offer for Subscription to Pre-selected Funds” for more illustration examples.

Offer 2 – Additional Cash Rebate Offer for Subscription to Pre-selected Funds (“Additional Offer”)
  1. In order to be entitled to the Additional Offer, Eligible New Clients must:
    1. fulfil all requirements of the Subscription Offer (Offer 1 above); AND
    2. subscribe to investment funds pre-selected by the Bank (the “Pre-selected Funds”) and each individual Pre-selected Fund must reach an amount of HK$100,000 (or HK$ equivalent) in the same Investment Fund Services Account during the Promotion Period.
  2. Pre-selected Funds subscription amount is calculated on a single day and by individual fund basis (but NOT aggregated amount of multiple Pre-selected Funds).
  3. Eligible New Clients will be entitled to HK$300 cash rebate for every subscription amount of each Pre-selected Fund of HK$100,000 (or HK$ equivalent).
  4. The following is an illustrative example of the Subscription Offer and the Additional Offer:
    For Illustration Only Total single day cumulative subscription amount
    (HK$ or HK$ equivalent)
    Subscription to fund type and amount Eligible Offer Cash Rebate amount
    (HK$) for Eligible New Clients
    1 300,000 Any investment funds: HK$50,000 Offer 1 - Subscription Offer 600
    Pre-selected Fund A: HK$160,000 Offer 2 - Additional Offer 300
    Pre-selected Fund B: HK$90,000 N/A N/A
    Total Cash Rebate 900
    2 290,000 Any investment funds: HK$40,000 N/A N/A
    Pre-selected Fund: HK$250,000 N/A N/A
    Total Cash Rebate 0

Offer 3 – Transfer-in Cash Rebate Offer (“Transfer-in Offer”)
  1. In order to be entitled to the Transfer-in Offer, Eligible New Clients must apply and complete transfer-in of investment funds specified in clause 2 of this Section successfully from other banks or financial institution(s) during the Promotion Period with a minimum aggregated amount of HK$300,000 (or HK$ equivalent).
  2. This Transfer-in Offer is applicable to open-ended funds or capital guaranteed funds distributed by the Bank, excluding Class B funds, funds not authorised by the Securities and Futures Commission in Hong Kong and funds specified by the Bank from time to time.
  3. Eligible New Clients may not be able to subsequently subscribe for (or further transfer in) the transferred-in investment funds via the Bank in case the relevant investment fund(s) is / are no longer open for subscription from the Bank.
  4. Eligible New Clients will be entitled to HK$200 cash rebate for every cumulative transfer-in of investment funds of HK$100,000 (or HK$ equivalent) during the whole Promotional Period.
  5. The latest unit price available to the Bank as of the date the Bank receives the transferred-in fund unit will be used to calculate the accumulated value of the investment funds amount of transfer-in funds. For non-HK dollar denominated transfer-in fund unit, the accumulated value of the designated investment fund amount transferred-in will be converted into Hong Kong dollars based on relevant prevailing foreign exchange rate determined by the Bank for calculation of the offer entitlement.
  6. If Eligible New Clients partially / fully transfer out the transferred-in investment fund(s) on or before 31 May 2017, the Bank reserves the right to forfeit the cash rebate of this Transfer-in Offer.

Terms and Conditions of Premium Deposit Offer
  1. Premium Deposit Offer is applicable to:
    1. clients who sign up for new Premium Deposit Accounts (the “New Client”); or
    2. existing Premium Deposit Account clients who signed up for Premium Deposit Accounts and have never made any transaction after 30 September 2016; or
    3. existing Premium Deposit Account clients who sign up for Premium Deposit Accounts and never trade
    Client who fulfils either criteria (ii) or (iii) above is a "Selected Client" and collectively referred to as "Selected Client(s)".
  2. New Client must not hold Premium Deposit Account(s) with the Bank (either in sole name, joint names, Commercial Banking client or Business Banking client) within the past 12 months prior to signing up for the relevant investment account(s).
  3. The eligible Premium Deposit client can enjoy the additional 3% p.a. Premium Deposit interest rate with a transaction amount reaching HK$100,000 or above (based on a single transaction) within the Promotion Period (the “Eligible Client”).
  4. The additional Premium Deposit interest rate amount will be credited to the Eligible Client’s HKD / USD account, either in sole name or joint names, in the following sequence: 1) Integrated Deposits Account, 2) Statement Savings, 3) Passbook Savings or 4) Current Account on or before 31 May 2017. If the Eligible Client has more than one account under the same account type, the Bank will select the one with the latest account opening date.
  5. The relevant Premium Deposit Account(s) must still be valid at the time when the additional Premium Deposit interest rate is credited, otherwise the credit of the additional Premium Deposit interest rate will be forfeited.

Terms and Conditions of Foreign Exchange Trading Service Offer
  1. Offer is only applicable to order placement via Relationship Manager at branches and FX Dedicated Hotline.
  2. Offer is only applicable to same day settlement.
  3. FCY transactions for USD / HKD are excluded.
  4. Monthly accumulated transaction amount is the total sum of all eligible transactions during the Promotion Period.
  5. The eligible Foreign Exchange Trading Services client can enjoy the cash rebate OR Asia Miles with a monthly accumulated transaction amount reaching the designated amount during the Promotion Period (the “Eligible Client”). Cash rebate will be made available to the Eligible Client as an alternative if he/ she does not register for the Asia Miles reward. For illustration purpose, if the monthly accumulated transaction amount reaches HK$50,000,000 or above, the client will be eligible for HK$18,888 cash rebate OR 188,888 Asia Miles. For the amount of cash rebate OR
    Asia Miles of other transaction amounts, please contact Relationship Managers of the Bank for details.
  6. For reward of Asia Miles, Eligible Client must have an existing Asia Miles membership account or he / she must set up an Asia Miles membership account for the entitlement of Asia Miles. Eligible Client must have successfully registered with valid Asia Miles membership information in the name of the Eligible Client at the Bank’s website at sc.com/hk/AM on or before 13 April 2017 to enjoy the relevant Asia Miles. Successful registration cannot be cancelled. The Bank will forward the relevant information, including valid Asia Miles membership number and English full name of the Eligible Client, as well as the entitled amount of miles, if any, to Asia Miles Limited by 31 May 2017. Miles will be credited into the relevant account within 4 to 6 weeks thereafter. If information submitted is incorrect or insufficient as considered by the Bank or Asia Miles Limited or if any of the criteria relating to this reward has not been met, the Bank reserves the right to cancel or forfeit absolutely the entitlement under this reward.
  7. Terms and Conditions of Asia Miles apply for redemption and / or use of Asia Miles. For details, please visit www.asiamiles.com. The Bank is not obliged to notify you of any changes or latest announcements of Asia Miles. Eligible Clients understand and accept that the Bank is not supplier of the redeemed items (including Asia Miles). The Bank shall bear no liability relating to any aspect of the Asia Miles and / or redeemed items, including without limitation, their quality, the supply, the descriptions provided by the supplier, any false trade description, misrepresentation, mis-statement, omission, unauthorized representation, unfair trade practices or conduct in connection with the Asia Miles and/or redeemed items provided by the supplier, its employees, officers or agents.
  8. The cash rebate will be credited to the Eligible Client’s HKD account either in sole name or joint names, in the following sequence: 1) Integrated Deposits Account, 2) Statement Savings, 3) Passbook Savings or 4) Current Account on or before 31 May 2017. If the Eligible Client has more than one account under the same account type, the Bank will select the one with the latest account opening date.
  9. The relevant Foreign Exchange Account(s) must still be valid at the time when the cash rebate or Asia Miles is/are credited, otherwise the credit of the cash rebate or Asia Miles will be forfeited.

Terms and Conditions of Equity Linked Investment Services Offer
  1. The eligible Equity Linked Investment Services client can enjoy the additional Equity Linked Investments interest rate offer for the first coupon distribution with a single transaction reaching the designated amount within the Promotion Period (the “Eligible Client”). For illustration purpose, if the transaction amount reaches HK$3,000,000 or above, the client will be eligible for the additional 2.8% p.a. Equity Linked Investments interest rate. For the additional Equity Linked Investments interest rate of other transaction amounts, please contact Relationship Managers of the Bank for details.
  2. The additional Equity Linked Investments interest rate amount will be credited to the Eligible Client’s HKD / USD account either in sole name or joint names, in the following sequence: 1) Settlement Account, 2) Integrated Deposits Account, 3) Statement Savings, 4) Passbook Savings or 5) Current Account on or before 31 May 2017.
  3. The relevant Equity Linked Investment Services Account(s) must still be valid at the time when the additional Equity Linked Investments interest rate amount is credited, otherwise the credit of the additional Equity Linked Investments interest rate amount will be forfeited.

Terms and Conditions of Debt Securities Services Offer
  1. Offer is only applicable to bond purchase transactions in the secondary market with a minimum handling fee of 0.5%. For illustration purpose, if the transaction amount reaches HK$5,000,000 or above and with a minimum handling fee of 0.5%, the client will be eligible for HK$3,000 cash rebate. For the cash rebate amount of other transaction amounts, please contact Relationship Managers of the Bank for details.
  2. Retail IPO Bond and structured notes are not eligible for the offer.
  3. Transaction amount is calculated by a single eligible transaction of bond only.
  4. The cash rebate will be credited to the eligible client’s HKD / USD account either in sole name or joint names, in the following sequence: 1) Settlement Account, 2) Integrated Deposits Account, 3) Statement Savings, 4) Passbook Savings or 5) Current Account on or before 31 May 2017.
  5. The relevant Debt Securities Account(s) must still be valid at the time when the cash rebate is credited, otherwise the credit of the cash rebate will be forfeited.

Terms and Conditions of Securities Services Offer
  1. The offer is applicable to clients of Standard Chartered Bank (Hong Kong) Limited (the "Bank"), but the offer is NOT applicable to Private Banking clients, Commercial Banking clients and Business Banking clients (the "Clients").
  2. Clients must not have maintained a Securities Services Account with the Bank, either in sole name or joint names, within 12 months prior to Securities Services Account sign up (the "Eligible Client").
  3. Eligible Client who newly signs up for Securities Services Account during the Promotion Period can be entitled to $0 brokerage commission offer for all BUY transaction(s) executed during the Securities Services Account sign up month and the following 3 calendar months. $0 brokerage commission offer is applicable to order placement via both Online Banking and Breeze Trade in relation to the stocks listed on the Main Board or Growth Enterprise Market of the Stock Exchange of Hong Kong Limited. All SELL transactions executed are not eligible for $0 brokerage commission offer.
  4. There is no limit on BUY transaction amount being eligible for $0 brokerage commission offer but client still needs to pay the relevant transaction fees if applicable. Transaction fees include, but are not limited to, Stamp Duty by the Hong Kong Government, Transaction Levy by the Securities and Futures Commission of Hong Kong, Trading Fee by the Hong Kong Exchange & Clearing Limited and Stock Settlement Fee by the Hong Kong Securities & Clearing Company Limited.
  5. Brokerage commission will first be charged and debited from the settlement account as normal. Currently, the standard brokerage rate for Online Banking and Breeze Trade is 0.2%.The relevant waived brokerage commission amount within the Promotion Period will be refunded and credited to the settlement account in the form of cash rebate on or before 31 July 2017.
  6. To be eligible for the commission rebate, the Securities Services Account and relevant settlement account must still be valid at the time when the brokerage commission rebate is credited, otherwise the brokerage commission rebate will be forfeited.

Risk Disclosure Statement for Investment Fund Services

  • Investment involves risks. The prices of units / shares of unit trust or mutual funds fluctuate, sometimes dramatically and may become valueless. Investors may not get back the amount they have invested. It is as likely that losses will be incurred rather than profit made as a result of buying and selling unit trusts or mutual funds. Past performance is no guide to its future performance.
  • Investors should read the terms and conditions contained in the relevant offering documents and in particular the investment policies and the risk factors and latest financial results information carefully and are advised to seek independent professional advice before making any investment decision. Investors should ensure they fully understand the risks associated with unit trusts or mutual funds and should also consider their own investment objective and risk tolerance level.

Risk Disclosure Statement for Premium Deposit

  • Investment involves risks. The worst case will result in loss of your entire investment.
  • Principal Loss Risk / Currency Risk - This product is not principal-protected and the return of which will be dependent on movements in some specified currency exchange rates which are affected by a wide range of factors and may rise or fall rapidly.
  • Liquidity Risk / Early Withdrawal Risk / Cancellation Risk - Any cancellation or withdrawal prior to maturity is subject to the consent of the Bank. With these risks, investors may incur significant costs or losses.

Not Protected under Deposit Protection Scheme

Premium Deposit is NOT an alternative to ordinary saving or time deposit, and is NOT a protected deposit and NOT being protected under the Deposit Protection Scheme in Hong Kong.

Risk Disclosure Statement for Foreign Exchange Trading Service

  • Foreign exchange involves risks. Fluctuation in the exchange rate of a foreign currency may result in gains or significant losses in the event that the client converts deposit from the foreign currency to another currency (including Hong Kong Dollar).

Risk Disclosure Statement for Equity Linked Investment Services

  • The price or value of the Equity Linked Investments (ELIs) fluctuates, sometimes dramatically. The price or value of the ELIs may move up or down, and may even become valueless. It is as likely that losses will be incurred rather than profit made as a result of subscribing for, buying and selling the ELIs. Investors should therefore carefully consider whether such transactions are suitable in light of their financial position and investment objectives before entering into such transactions.
  • Not principal protected: ELIs are not principal protected. You may suffer a loss if the prices of the underlying asset(s) of an ELI go against your view. In extreme cases, you could lose your entire investment.
  • Limited potential gain: The potential return on your ELI may be capped at a predetermined level specified by the issuer.
  • Credit risk of the issuer: When you purchase an ELI, you rely on the credit-worthiness of the issuer. In case of default or insolvency of the issuer, you will have to rely on your distributor to take action on your behalf to claim as an unsecured creditor of the issuer regardless of the performance of the reference asset(s).
  • No collateral: ELIs are not secured on any assets or collateral.
  • Limited market making: Issuers may provide limited market making arrangement for their ELIs. However, if you try to terminate an ELI before maturity under the market making arrangement provided by the issuer, you may receive an amount which is substantially less than your original investment amount.
  • Investing in an ELI is not the same as investing in the reference asset(s): During the investment period, you have no rights in the reference asset(s). Changes in the market price of such reference asset(s) may not lead to a corresponding change in the market value and/or potential payout of the ELI.
  • Conflicts of interest: Issuer of an ELI may also play different roles, such as the arranger, the market agent and the calculation agent of the ELI. Conflicts of interest may arise from the different roles played by the issuer, its subsidiaries and affiliates in connection with the ELI.

Risk Disclosure Statement for Debt Securities Services

  • The price of bonds can and does fluctuate and the price of any individual bonds may experience upward or downward movements and may even become valueless. There is an inherent risk that losses may be incurred rather than profits made as a result of trading bonds. Independent assessment of the risk and appropriateness of the transaction in light of your own objectives and circumstances, including the possible risks and benefits of entering into such transaction, should be considered before entering into any transaction.

Risk Disclosure Statement for Securities Services

Investment involves risks. The prices of securities fluctuate, sometimes dramatically and may become valueless. Past performance of any securities is no guide to its future performance. Investors should consider their own financial situation, investment experience, investment objectives and risk tolerance level, and read the terms and conditions of relevant Securities Services before making any investment decision.

Notes

  • This webpage does not constitute any offer, invitation or recommendation to any person to enter into any transaction described therein or any similar transaction, nor does it constitute any prediction of likely future price movements.
  • Investors should not make investment decisions based on this webpage alone.
  • This webpage has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.
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