Earn up to 150,000 Asia Miles for each fixed amount of new funds you deposit
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Asia Miles Time Deposit Rewards

Fly sooner with Time Deposit Rewards, earn up to 150,000 Asia Miles1 for each fixed amount of new funds you deposit.

Exclusive Asia Miles Time Deposit Rewards for New Clients2


From 1 September 2017 to 30 September 2017, new clients2 who set up a 6 months time deposit with New Funds3 in sole name can earn up to 75,000 Asia Miles.

Banking Plan for
New Client
Funds Types3 Number of Time
Deposit Account
set-up
Time Deposit
Principal Amount
Time Deposit
Term
Number of Asia Miles Rewards
Priority Banking
New Clients
New Funds
Once Only
Fixed at HKD 1,000,000
OR
Fixed at USD equivalent of HKD 1,000,000
6 months
Asia Miles75,000
Premium
New Clients
New Funds
Once Only
Fixed at HKD 200,000
OR
Fixed at USD equivalent of HKD 200,000
6 months
Asia Miles8,000


Priority Banking New Clients can also enjoy 25,000 Asia Miles of New Funds Growth Offer under Priority Banking Welcome Privileges. For details, please click here.



Asia Miles Time Deposit Rewards

From 1 September 2017 to 30 September 2017, clients who set up a 12 months time deposit in sole name can earn up to 150,000 Asia Miles for each fixed amount of New Funds and/or Converted Funds3 deposited.



Clients with a minimum deposit of HKD 1,000,000 or USD 100,000 or RMB 250,000:

New Funds and/or Converted Funds3 for Time Deposit 6 months Time Deposit 12 months Time Deposit
Every USD 100,000 Asia Miles50,000
Asia Miles150,000
Every HKD 1,000,000 Asia Miles 30,000
Asia Miles 120,000
Every RMB 250,000



Clients with a minimum time deposit of HKD200,000 or USD 20,000

New Funds and/or Converted Funds3 for Time Deposit 6 months Time Deposit 12 months Time Deposit
Every HKD200,000 Asia Miles4,000
Asia Miles 15,000
Every USD 20,000


 

Act Now! Visit any of our branches to enjoy the offers.

 
Priority Banking Welcome Privileges

If you are not an existing Priority Banking client, please sign up now to enjoy the fabulous welcome offer of 100,000 Asia Miles.

Act Now.
Explore your dream destination sooner than you expected.

Integrated Deposits Account Online Welcome Offer for New Client

New clients4 applying for an Integrated Deposits Account online can enjoy HKD300 Cash Rebate5.

Clients who successfully set up Asia Miles time deposit at branch

Register your Asia Miles membership account information online now.

 

Remarks:

  1. Eligible clients who successfully set up HKD and/ or USD and/ or RMB Time Deposits at 0.01% p.a. interest rate in sole name with incremental "New Funds and/or Converted Funds" and successfully submit accurate Time Deposit Account Number and Asia MilesTM membership information via online registration form on designated Standard Chartered webpage within the Registration Period. Relevant Asia Miles will be credited directly to the Selected Client’s Asia Miles account on or before the Fulfilment Date .
  2. ONLY applicable to New Client NOT holding any product or service with or distributed by the Bank (including but not limited to deposit account, investment services and insurance products underwritten by third part insurer) in the past 12 months from the date of Premium programme / Priority Banking sign-up except Standard Chartered Credit Cards. Standard Chartered Credit Cards refer to Standard Chartered Credit Card, Standard Chartered WorldMiles Card and Standard Chartered co-branded Credit Card (including supplementary cards and corporate cards) issued by the Bank.
  3. "New Funds ”refer to monies newly deposited into the Bank within 3 days before Time Deposit account opening date via cash, cheque, cashier's order, Local Bank Transfer Payment through Real Time Gross Settlement (RTGS, also known as Clearing House Automated Transfer System (CHATs)) or Telegraphic Transfer from other banks. It excludes the renewal or rollover of existing time deposits, transfer of funds from any account within the Bank or any currency converted from Premium Deposits upon maturity. "Converted Funds” refer to the funds converted from any currency into relevant currency of the Time Deposit. It excludes any currency converted from Premium Deposits or Currency Switching upon maturity. By using Converted Funds, clients must set up the Time Deposit account on the same day of Foreign Exchange conversion.
  4. Only applicable to client who does not hold any deposit account, including Savings Account(s), Current/ Cheque Account(s), Integrated Deposits Account(s) and Time Deposit Account(s), with the Bank in the past 12 months from the date of Online Application submission.
  5. Client needs to bring along all the required documents and visit any branch nearby to complete the account opening process within 14 days after submits the online application.

Terms and Conditions


You need to read this document.

It sets out specific terms and conditions on which we agree to provide you with any of the products and services under Asia Miles Time Deposits Promotion. You must read it in conjunction with our Client Terms and the applicable documents referred to in Part A of Client Terms (including the Current/Cheque/Savings Account and Time Deposit Account Terms, product brochure, Important Notes and promotional terms (if applicable)) and any other documents forming our banking agreement. The banking agreement is available to you at any of our branches or our website at www.sc.com/hk. If there is any inconsistency between the approval for the Time Deposits Promotion Offer (if any) and any other part of our banking agreement, then the terms in the approval prevail. These terms do not apply to any existing product(s) or service(s) you have with us to the extent that they are subject to separate terms and conditions.
Without limiting the above, our “Notice to Customers and Other Individuals relating to the Personal Data (Privacy) Ordinance (“Ordinance”) and the Code of Practice on Consumer Credit Data” (“Notice”, which is available to you at any of our branches and/or on our website at www.sc.com/hk) also forms part of the banking agreement. We will be using the information you provide to us and for such purposes as set out in the Notice.

Meaning of words

Other than the defined terms here or under the product brochure or promotional terms (if applicable), you also need to refer to the other documents that form our banking agreement which define key words used in this document. For instance, please note: “you” means the person named as the “applicant” in the application. If there is more than one, “you” means each person separately as well as every 2 or more of them jointly. We (without limiting the meaning defined in Client Terms) or Bank means Standard Chartered Bank (Hong Kong) Limited for this application.


A. Terms and Conditions for Asia Miles Time Deposit Rewards
  1. Asia Miles Time Deposit Rewards are available between the Promotion Period as stated in Table 1 of Clause 4, both dates inclusive (the “Promotion Period”).
  2. Asia Miles Time Deposit Rewards are applicable to the following clients (“Selected Clients”):
    1. All Clients: including all existing clients of the Bank and any clients as defined in sub-clause (ii) – (iii) below.
    2. New clients who (i) did NOT hold any product or service with or distributed by the Bank (including but not limited to deposit account, investment services and insurance products underwritten by third party insurer) in the past 12 months from the date of sign-up of Priority Banking except Standard Charted credit cards and (ii) sign up for Priority Banking during the Promotion Period (“Priority Banking New Clients”).
    3. New clients who (i) did NOT hold any product or service with or distributed by the Bank (including but not limited to deposit account, investment services and insurance products underwritten by third party insurer) in the past 12 months from the date of sign-up of Premium programme except Standard Charted credit cards and (ii) sign up for Premium programme during the Promotion Period (“Premium New Clients”).
      Standard Chartered Credit Cards refer to Standard Chartered Credit Card, Standard Chartered WorldMiles Card and Standard Chartered co-branded Credit Card (including supplementary cards and corporate cards) issued by the Bank.
  3. To be eligible for the Asia Miles Time Deposit Rewards, Selected Clients must set up Time Deposit Account(s) with the Bank 0.01% p.a. interest rate in sole name within the Promotion Period.
  4. Selected Client who sets up Time Deposit that meets the requirements in the first to sixth columns of Table 1 below will be entitled to the Asia Miles as set out in the seventh column of Table 1 below.
    Table 1:
    Promotion
    Period
    Selected
    Clients
    (as stated
    in Clause
    2)
    Fund
    Types
    (as
    stated in
    Clause5)
    Number of
    Time
    Deposit
    Account
    set-up
    Time
    Deposit
    Principal
    Amount
    Time
    Deposit
    Term
    Number of
    Asia Miles
    Rewards
    Registration
    Period
    Fulfillment
    Date
    1 September 2017-
    30 September 2017
    Priority
    Banking
    New
    Clients

    New Funds Once Only
    Fixed at
    HKD
    1,000,000
    6 months
    75,000
    Asia Miles
    1 September 2017 –
    31 October 2017

    31 December 2017
    OR
    Fixed at the USD equivalent of HKD 1,000,000
    1 September 2017-
    30 September 2017
    Premium
    New
    Clients

    New Funds Once Only
    Fixed at
    HKD200,000
    6 months
    8,000
    Asia Miles
    1 September 2017 –
    31 October 2017
    31 December 2017
    OR
    Fixed at the USD equivalent of HKD 200,000
    1 September 2017 -
    30 September 2017
    All Clients
    New Funds / Converted Funds No Restriction
    Every HKD 1,000,000 6 months
    30,000Asia Miles 1 September 2017 –
    31 October 2017
    31 December 2017
    12 months
    120,000Asia Miles
    1 September 2017 -
    30 September 2017
    All Clients
    New Funds / Converted Funds No Restriction
    Every USD 100,000 6 months
    50,000Asia Miles 1 September 2017 –
    31 October 2017
    31 December 2017
    12 months
    150,000Asia Miles
    1 September 2017 -
    30 September 2017
    All Clients
    New Funds / Converted Funds No Restriction
    Every RMB 250,000 6 months
    30,000Asia Miles 1 September 2017 –
    31 October 2017
    31 December 2017
    12 months
    120,000Asia Miles
    1 September 2017 -
    30 September 2017
    All Clients
    New Funds / Converted Funds No Restriction
    Every HKD200,000 6 months
    4,000Asia Miles 1 September 2017 –
    31 October 2017
    31 December 2017
    12 months
    15,000Asia Miles
    1 September 2017 -
    30 September 2017
    All Clients
    New Funds / Converted Funds No Restriction
    Every USD20,000 6 months
    4,000Asia Miles 1 September 2017 –
    31 October 2017
    31 December 2017
    12 months
    15,000Asia Miles
  5. Fund Types in Table 1 of Clause 4 are defined as below:
    1. New Funds” refer to monies newly deposited into the Bank within 3 days before Time Deposit account opening date via cash, cheque, cashier's order, Local Bank Transfer Payment through Real Time Gross Settlement (RTGS, also known as Clearing House Automated Transfer System (CHATs)) or Telegraphic Transfer from other banks. It excludes the renewal or rollover of existing time deposits, transfer of funds from any account within the Bank or any currency converted from Premium Deposits upon maturity.
    2. Converted Funds” refer to the funds converted from any currency into relevant currency of the Time Deposit. It excludes any currency converted from Premium Deposits or Currency Switching upon maturity. By using Converted Funds, clients must set up the Time Deposit account on the same day of Foreign Exchange conversion.
  6. Selected Clients must have an existing Asia Miles membership account otherwise has to set up an Asia Miles membership account for the entitlement of Asia Miles Time Deposit Rewards. Selected Clients must have successfully submitted Asia Miles Rewards Registration Form within the Registration Period as stated in Table 1 of Clause 4, both dates inclusive (“Registration Period”) with valid Asia Miles membership information in the name of the Selected Clients at the Bank’s website at sc.com/hk/AM to enjoy the relevant Asia Miles Time Deposit Rewards. Successful registration cannot be cancelled. Selected Clients are responsible for the accuracy of the information submitted in online registration form. For Selected Clients who have made multiple online registration submissions, only the latest registration record made within Registration Period will be used by the Bank for fulfillment purpose. The Bank will forward the relevant information, including valid Asia Miles membership information including family name, given name, membership number of the Selected Clients, as well as the entitled miles, if any, to Asia Miles Limited for fulfillment
  7. After the Selected Clients fulfilled the requirements in Clauses 2 to 6, Asia Miles rewards will be credited into relevant account on or before the Fulfilment Date (as stated in Table 1 of Clause 4).
  8. In case of failure in the crediting of the Asia Miles to the client’s Asia Miles membership account on or before the Fulfillment Date for any reason beyond the Bank’s control (i.e. including but not limited to the information submitted is incorrect or insufficient as considered by the Bank or Asia Miles Limited or if any of the criteria relating to Asia Miles Time Deposit Rewards has not been met), the Bank reserves the right to cancel or forfeit absolutely the entitlement of Asia Miles or to convert the un-credited Asia Miles into cash rebate at a ratio of 2 Asia Miles for HKD 0.1 “cash rebate” to the Selected Clients. Such amount of cash rebate will be credited into the designated deposit account of the time deposit account of the Selected Clients within 4 weeks after the Fulfillment Date.
  9. Notification will be made to Selected Clients upon successful crediting of Asia Miles or cash rebate.
  10. Client acknowledges that the Asia Miles earned shall be credited to his/her Asia Miles membership account by Asia Miles Limited. The Bank will use its best endeavour to provide the necessary information to Asia Miles Limited to facilitate this purpose, however the Bank makes no warranty that the Asia Miles earned will be accurately credited to the Asia Miles membership account by Asia Miles Limited and accepts no liability for failure or delay in the crediting of Asia Miles to the client’s Asia Miles membership account for any reason beyond the Bank’s control. The Bank accepts no liability relating to the Asia Miles, including but not limited to the expiry date, usage and redemption. For enquiries relating to crediting of the Asia Miles and the relevant terms and conditions, please contact Asia Miles Limited and/or refer to Asia Miles Limited website at www.asiamiles.com
  11. 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 Limited. 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 of the reward 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.
  12. The Bank reserves the right to make any adjustment to the Asia Miles Time Deposit Rewards from time to time at its sole absolute discretion. The Bank reserves the right to approve or reject the set up of any time deposit at its own discretion and to alter or terminate the offer and the relevant terms and conditions at anytime. Should there be any disputes; the Bank’s decision is final and conclusive.
  13. Early uplift of Time Deposit is subject to the Bank’s discretion and penalty. In such case, the Asia Miles rewards will be revoked or forfeited by the Bank without notification and the penalty amount will be calculated based on the following formula:
    Time Deposit Principal x (Best Lending Rate^ - Time Deposit Interest Rate) x Number of Days Due to Maturity / Total Number of Days in A Year
    Note: In some circumstances, the Bank may allow an early withdrawal. The Bank may not pay all the interest accrued if the clients make an early withdrawal may result in the clients getting less than the principal amount of deposit. In case of early uplift of Time Deposit, the Bank will forfeit the relevant offers absolutely without notification and will not compensate the client by any other means.
    Remark^:The Best Lending Rate will be determined by the Bank from time to time.
  14. Relevant terms and conditions specified in Current/Cheque/Savings Account and Time Deposit Account Terms and Deposit Confirmation apply to Asia Miles Time Deposit Rewards.
  15. If the client is entitled to Asia Miles Time Deposit Rewards in conjunction with other promotional offers during the Promotion Period, the Bank reserves the right to grant the client one of or part of the entitled offers.
  16. We reserve the right to determine the criteria and requirements applicable to each of the respective products and services that you apply with us (including but not limited to the our Banking Plans (i.e. Priority Banking/ Premium programme (“Premium”) / Easy Banking), Integrated Deposits Account and Time Deposit Account), or to decline your application in its entirety or of each such products and services without given you any reason for doing so.
  17. We reserve the right to amend the terms and conditions or any other contents here at any time. Any benefit, promotional offer or welcome gift for successful application is subject to availability and we may change such offer at our discretion from time to time without notice to you. In case of any dispute, our decision shall be final and conclusive.
  18. Separate terms and conditions may apply to the relevant banking plans, products and services including but not limited to Priority Banking / Premium / Easy Banking. For details, please refer to branch staff for details.
  19. If there is any inconsistency or conflict between the English and the Chinese versions, the English version shall prevail.

B. Terms and Conditions for Integrated Deposits Account Cash Rebate Online Welcome Offer (the “Cash Rebate Offer”)


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Foreign Exchange Risk Disclosure Statement:
  • 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 customer converts deposit from the foreign currency to another currency (including Hong Kong Dollar).
Risk Disclosure Statement for RMB Deposit Services:
  • Renminbi ("RMB") exchange rate, like any other currency, is affected by a wide range of factors and is subject to fluctuations. Such fluctuations may result in gains and losses in the event that the client subsequently converts RMB to another currency (including Hong Kong dollars); and
  • RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to restrictions specified by the Bank and regulatory requirements applicable from time to time. The actual conversion arrangement will depend on the restrictions prevailing at the relevant time.


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Cash Rebate

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Applicable for New-to-Bank client only

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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