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Standard Chartered Bank Accredited Investor Sign-up Promotion Terms and Conditions (“Promotion T&Cs”)

  1. This Standard Chartered Bank Accredited Investor Sign-up Promotion (“Promotion”) is available from 1 October 2018 to 31 December 2018, both dates inclusive (“Promotion Period”). By participating in this Promotion, you agree to be bound by these Promotion T&Cs.

Eligibility

  1. This Promotion is only applicable to new Accredited Investor sign-ups during the Promotion Period. To declare to Standard Chartered Bank (Singapore) Limited (“Bank”) as an Accredited Investor, an individual must have (i) an income of not less than S$300,000 in the preceding 12 months; OR (ii) net personal assets exceeding S$2,000,000 (or its equivalent in foreign currency), of which net equity in the individual’s primary residence is capped at S$1,000,000; OR (iii) net financial assets exceeding S$1,000,000 (or its equivalent in foreign currency) (“Eligible Customer”).
  1. Employees of the Bank and Standard Chartered Bank, Singapore Branch, will not be eligible for this Promotion.
  1. Eligible Customers agree that the application for Accredited Investor status is approved at the sole discretion of the Bank…

Promotion

  1. Eligible Customers who successfully declare themselves as an Accredited Investor, and within the Promotion Period will receive S$100 worth of shopping vouchers (“Gift”).
  1. Successful Eligible Customers will be notified by way of a redemption letter sent to their mailing address based on the Bank’s records, by 31 January 2019, upon the successful declaration of their status as an Accredited Investor.
  1. Eligible Customers consent to the Bank disclosing their information (including name, identification/ passport number, mailing address and contact number) to persons who may be engaged by the Bank to provide delivery or redemption-related services for the purposes of this Promotion (including third party merchants who supply such gifts to the Bank).
  1. Eligible Customers must redeem the Gift within the validity period indicated in such redemption letters, failing which the Gift will be forfeited. Only original copies of the redemption letters will be accepted for redemption.
  1. The Gift is not transferable or exchangeable for cash or credit or otherwise.

General Terms

  1. The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with this Promotion, including the eligibility criteria. The Bank’s determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.
  2. The Bank reserves the right to do any of the following without prior notice or reason:

(a) replace a Gift with another item of similar or equivalent value;

(b) terminate, withdraw, shorten or extend this Promotion at the Bank’s sole discretion, with or without prior notice or reason; and/or

(c) vary, modify, add or delete any of the terms of this Promotion. Eligible Customers understand and agree to be bound by any such variation.

Please visit our branches or our website at sc.com/sg/AI1810 for the latest terms and conditions applicable to this Promotion.

  1. In the event of any inconsistency between these Promotion T&Cs and any brochures, marketing or promotional materials relating to this Promotion, these Promotion T&Cs shall prevail to the extent of such inconsistency.
  1. Eligible Customers accept the Gift as it is and subject to any terms and conditions that the supplier of the Gift may impose. Any Gift that is not utilised by the expiry date stipulated by the supplier of the Gift will be forfeited. The Bank is not the supplier of the Gift and is not obliged to assist or act on Eligible Customers’ behalf in communicating with the supplier of the Gift for any reason.
  1. The Gifts are provided by third party merchants who are not participants or sponsors of the Promotion. The Bank is not an agent of the merchant and makes no representation or warranty as to the quality or condition or fitness for purpose or other implied terms or conditions with respect to any Gift. Any dispute about quality or condition of the Gift is to be resolved directly between the Eligible Customer and the merchant. The Bank will not be liable for any injury, loss or damage whatsoever arising in connection with the Gift.
  2. A person who is not a party to these Promotion T&Cs has no right under the Contracts (Rights of Third Parties) Act (Cap. 53B) to enforce any of the Promotion T&Cs.
  3. These Promotion T&Cs are governed by and shall be construed in accordance with the laws of the Republic of Singapore and you agree to submit to the exclusive jurisdiction of the courts of the Republic of Singapore. These Promotion T&Cs shall be read in conjunction with all relevant terms and conditions including the Customer Terms and the Investment Product Terms https://av.sc.com/sg/content/docs/sg-invest-product-terms.pdf.
  4. All information is correct at time of print.

 

IMPORTANT DISCLAIMERS:

This document is for general circulation only and does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy. It has not been prepared for any particular person or class of persons and does not constitute and should not be construed as investment advice nor an investment recommendation. It has been prepared without regards to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of an investment for you, taking into account these factors before making a commitment to invest in an investment.

Deposit Insurance Scheme:

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For clarity, these investment products are not deposits and do not qualify as an insured deposit under the Singapore Deposit Insurance and Policy Owners’ Protection Schemes Act 2011.