Hang Seng Remittance Services

Business Banking > Bank Accounts > Current Promotion

Investors should note that all investment involves risks. Prices of investment products may go up as well as down and may even become valueless. Investors should not only base on this marketing material alone to make any investment decision, but should read in detail the offering documents and the Risk Disclosure Statement of the relevant investment products.


Hang Seng Bank understands customers’ need for flexible and efficient banking services. Therefore our IBS Account provides comprehensive Business e-Banking services to help you manage your financial affairs anytime, anywhere while enjoying over 80% discount on online transaction fees.





* Important Note:
For Online Securities Services and Investment Fund Services, please note that no maximum daily limit will be applied to the transactions of Securities Account(s) and Investment Fund Account(s) . Primary User(s) may singly give instructions, enter into transactions with, and operate this/these account(s).


Risk Warning of MaxiInterest Investment Deposit and Currency-Linked Capital Protected Investment Deposit:
"MaxiInterest" Investment Deposit ("MXI Deposit") and Currency-Linked Capital Protected Investment Deposit ("CPI Deposit") are structured products involving derivatives. The investment decision is yours but you should not invest in the MXI Deposit and CPI Deposit unless the intermediary who sells it to you has explained to you that MXI Deposit and CPI Deposit are suitable for you having regard to your financial situation, investment experience and investment objectives.

Investor should note that MXI Deposit is not capital protected and is not normal time deposit, and thus should not be considered as normal time deposit or its alternative. Earnings on MXI Deposit are limited to the nominal interest payable. As the principal and the earnings will be paid in the Deposit Currency or the Linked Currency, whichever has depreciated against the other, investors will have to bear the potential losses due to currency depreciation, which may be substantial.

Investor should note that CPI Deposit is not a normal time deposit and thus should not be considered as normal time deposit or its derivative.

MXI Deposit and CPI Deposit are not protected deposits and are not protected by the Deposit Protection Scheme in Hong Kong, and the repayment of MXI Deposit and CPI Deposit are not guaranteed by the Hong Kong SAR Government's Exchange Fund. Investment in MXI Deposit and CPI Deposit are subject to the credit risk of the Bank.

Notes:
(1)
The offers are only valid for new commercial customers (“New Customers”) who successfully open an Integrated Business Solutions Account (“IBS Account”) with Hang Seng Bank Limited (“the Bank”) during the period from 8 April to 30 June 2010 (“Promotion Period”), excluding (a) existing commercial customers who are holding any Hong Kong Dollars / Foreign Currency savings, current, time deposit accounts or IBS Accounts (collectively the “Accounts”); or (b) customers who closed any of the Accounts with the Bank from 8 October 2009 to 7 April 2010; or (c) customers whose Accounts were terminated by the Bank in any period.
(2)
The Total Relationship Balance is the aggregate balance of the daily average of all your company’s deposits, gold accounts, securities, investment funds, utilised overdraft facilities, credit card cash advances, outstanding balance of loans (except mortgage loans), trade finance, Hang Seng MPF balance and Hang Seng general insurance premiums paid each month.
(3)
The offer is applicable to New Customers who maintain a Total Relationship Balance of HKD2,000,000 or more for the first three months from account opening (“Offer Period”) (“Eligible Customers”) . The Bank will contact the Eligible Customers for the delivery of the Nokia 5230 Mobile Phone (the “Gift”) within 6-8 weeks after the end of the Offer Period, the Gift will then be mailed to the correspondence addresses of Eligible Customers registered with the Bank. Each Eligible Customer is entitled to receive one Gift only. The Bank will not be responsible for any loss of or damage of the Gift occurred during the mailing or delivery process. The Bank is not the supplier of the Gift and will not be responsible for any liabilities incurred relating to the Gift. Any disputes arising from the Gift should be resolved between the customers and the relevant supplier. The Gift cannot be transferred or redeemed for cash. The Bank reserves the right to replace the Gift with any other gift of equivalent value.
(4)
The offer is applicable to New Customers who successfully complete designated transactions via the IBS Account and Business e-Banking within the Offer Period. Designated transactions include Outward Remittances, Bill Payments, Autopays and setting up new Time Deposits (“Designated Transactions”). The transaction execution date shall fall within the Offer Period. Forward-dated instructions set up during the Offer Period and with a transaction date out of the Offer Period will not be counted. $30 Hang Seng Credit Card Cash Dollars (“Cash Dollars”) will be awarded for each Designated Transaction performed. A maximum of $600 Cash Dollars may be awarded to the same New Customer under this offer. The Cash Dollars will be credited to the account of the first Authorized Card User who is issued the Hang Seng Commercial MasterCard within 8-10 weeks after the end of the Offer Period. Customers who do not have any applicable Hang Seng Commercial MasterCard can make enquiries to the Bank and apply for one. If the application for Hang Seng Commercial MasterCard is not approved, the customer will not be offered any Cash Dollars. The relevant Commercial Card account should still be valid and with a good credit record at the time when the Cash Dollars reward is credited. For the terms and conditions relating to Cash Dollars, please refer to the promotion leaflet enclosed with the Hang Seng Commercial MasterCard.
(5)
Customers can apply for multiple Hang Seng Commercial MasterCards for different Authorised Card Users. $50 Cash Dollars will be awarded to each Authorised Card User who uses his/her card to spend or make cash advances at least once within 60 days from the issuance date of the Card Collection Advice. A maximum of $300 Cash Dollars may be awarded to the same commercial customer under this offer. The Cash Dollars will be credited to the Hang Seng Commercial MasterCard account of the Authorized Card User who has fulfilled the spending requirement within 8- 10 weeks thereafter, provided that the Commercial Card account is valid and has good credit record at the time when the Cash Dollars reward is credited. For the terms and conditions relating to Cash Dollars, please refer to the promotion leaflet enclosed with the Hang Seng Commercial MasterCard.
(6)
Free payroll services include the waivers of registration fee (value: HKD300), annual fee (value: HKD200) and transaction fee of the “Hang Seng autoPay Service” and charges on first set-up with fewer than ten second parties.
 
Cash Dollars are not applicable at designated merchants' counters in department stores, and selected outlets of individual designated merchants; individual designated merchant may require minimum spending for redemption of Cash Dollars, please check with the respective merchants for details. Use of Cash Dollars is subject to the Terms and Conditions for the Hang Seng Credit Card Membership Rewards Programme. Please call our 24-hour Hang Seng Credit Card Marketing Enquiry Hotline 2998 6868 for details.
The above offers cannot be used in conjunction with other promotional offers and may not be transferred, refunded or exchanged for cash or any other gift.
The Bank reserves the right to terminate the above offers, or revise the related terms and conditions at any time without prior notice. In case of disputes, the decision of the Bank shall be final.
If there are discrepancies between the English and Chinese versions of these terms and conditions, the English version shall prevail.