1. This Standard Chartered ‘Health, Wealth and Happiness 2019’ Staff Campaign – Unit Trusts (“Campaign”) is available from 1 March 2019 to 1 April 2019, both dates inclusive (“Campaign Period”). By participating in this Campaign, you agree to be bound by this Campaign T&Cs.

Eligibility

2. The Campaign is open to all employees of Standard Chartered Bank (Singapore) Limited and Standard Chartered Bank (Singapore Branch) based in Singapore (the “Standard Chartered Group”) who are also retail banking clients of Standard Chartered Bank (Singapore) Limited (“Bank”) and who fulfil the Bank’s conditions prescribed below (each an “Eligible Employee” and collectively, “Eligible Employees”).

3. To qualify, Eligible Employees must invest in an Eligible Unit Trust (as defined below) and meet the criteria in clauses 4 & 5 below, during the Campaign Period through the staff banking team or through the Bank’s Online Unit Trusts platform.

4. Where the Investment Settlement Account (ISA) is a joint account, the Eligible Employee must be the primary account holder of the Investment Settlement Account (ISA)and the Eligible Employee must be the one making investment in Eligible Unit Trust.

5. “Eligible Unit Trust” means a Unit Trust made available through the Bank, but does not include:
   1. exchange traded funds; and
   2. switching transactions.

‘Health, Wealth and Happiness’ Qualifying Criteria

6. An Eligible Employee must perform net cumulative qualifying investments in Eligible Unit Trust, in the manner described in the table below during the Campaign Period to be entitled to receive the corresponding Gift(s) indicated in the table below (“Gift(s)”):

*Net cumulative subscription amount = Total subscription amounts – total redemption amounts during the Campaign Period. Total redemption amount refers only to the redemption of existing UTs in your portfolio. The redemption of Eligible Unit Trust subscribed during the Campaign Period is not permitted within 6 months of the transaction date. Please refer to clause 10 below for more information.

Campaign Details

7. Each Eligible Employee will only receive one set of Gift(s) as set out in the table in clause 6 above, irrespective of the number of ISA held by the Eligible Employee singly or jointly.

8. The order for the investment in Eligible Unit Trust must be provided by the Eligible Employee to the staff banking team or through the Bank’s Online Unit Trusts platform on or before 1 April 2019. The Eligible Employee will be eligible for the Gift(s) only if the Bank has placed the order in its system before cut-off time stipulated by the Bank as per its internal policies and processes.

9. Eligible Employees who qualify to receive a Gift(s) will be notified by a redemption letter sent to their mailing address according to the Bank’s records within 60 business days from the end of the Campaign Period.

10. The Gift(s) must be redeemed in accordance with the instructions stated in the redemption letter. Any Gift(s) that is(are) not redeemed, by the expiry date stated in the redemption letter or otherwise stipulated by the Bank and/or merchants, will be forfeited. The Bank may at its sole discretion at any time and without prior notice substitute or replace the Gift(s) with any other Gift(s) of equal or similar value.

11. Transactions that are subsequently cancelled or voided for any reason will not be eligible for the Gift(s).

12. The Bank reserves the right to claw back the value of the Gift(s), if the Eligible Employee/s redeem the Eligible Unit Trust subscribed during the Campaign Period, within 6 months of the transaction date.

13. The Bank reserves the right to claw back the value of the Gift(s) from Eligible Employees found to be making inappropriate transactions (e.g. trading) to benefit from the Campaign.

14. The Gift(s) and redemption letter are not transferable or exchangeable for cash, credit or any other items in part or in whole. Any redemption letter that has expired or is lost will not be replaced.

15. The Gift(s) can only be redeemed in Singapore.

16. Standard Chartered Bank (Singapore) Limited is not the supplier of the Gift(s). It is not obliged to assist or act on your behalf in communicating with the supplier of the Gift(s) for any reason. You accept the Gift(s) as it is and subject to any terms and conditions that the supplier of the Gift(s) may impose.

17. Standard Chartered Bank (Singapore) Limited make no representation or warranty whatsoever as to the quality or fitness for purpose or any other implied terms and conditions with respect to the Gift(s). Standard Chartered Bank (Singapore) Limited will not be liable for any injury, loss or damage whatsoever arising out of the Gift(s).

General Terms

18. This Campaign is not valid with any other promotions / incentives, unless otherwise expressly stated.

19. We reserve the right to determine at our sole and absolute discretion all matters arising out of or in connection with the Campaign, including each Eligible Employee’s eligibility for the Campaign.  Our decision in all matters arising out of or in connection with the Campaign is final and conclusive and no correspondence will be entertained.

20. We may at any time vary, modify, add or delete any of these Campaign T&Cs and terminate, withdraw, extend or shorten the Campaign, without prior notice or reason.  Please visit our branches or our website at www.sc.com/sg for the latest terms and conditions applicable to the Campaign. Please read these Campaign T&Cs in conjunction with our prevailing terms and conditions which include the Customer Terms, Current/Cheque/Savings Account, Online Unit Trust Platform Terms and Investment Product Terms (collectively “Other Terms“). In the event of any inconsistency between these terms and the Other Terms, these terms prevail only to the extent of such inconsistency.

21. A person who is not a party to this Campaign T&Cs has no right under the Contracts (Rights of Third Parties) Act (Cap.53B) to enforce any of the Campaign T&Cs.

22. The Campaign 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.

23. All information is correct at time of print.

IMPORTANT DISCLAIMERS

Investment Products:

The Campaign T&C’s are 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.

You should read the relevant prospectus before deciding whether to invest in a unit trust. Investments in unit trusts are not obligations of, deposits in, or guaranteed by, Standard Chartered Bank (Singapore) Limited or its affiliates. An investment in unit trusts is subject to investment risks, including the possible loss of the principal amount invested. The value of and the income from the unit trusts may fall as well as rise. Unit trusts are not available to US Persons.
Deposit Insurance Scheme:

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 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, unit trusts are not deposits and does not qualify as an insured deposit under the Deposit Insurance and Policy Owners’ Protection Schemes Act 2012 Rev. Ed, Cap 77B (“Deposit Insurance Scheme”) .