Hang Seng Trade Services

Business Banking > Trade > Current Promotion Offer





 



Terms and Conditions:
1. The above offers are only valid for new company customers (“the Customers”) who have successfully opened a Trade Account with Hang Seng Bank Limited (“the Bank”) within the above mentioned trade account opening period, and is holding or have successfully opened a new Integrated Business Solutions Account simultaneously, excluding (a) existing customers who are holding any Trade Accounts with the Bank; or (b) customers who have closed any Trade Accounts with the Bank at any time; or (c) customers with Trade Accounts terminated by the Bank at any time.
If customers close their Trade Accounts or their Trade Accounts are terminated by the Bank within the first 6 months upon account opening, the Bank reserves the right to deduct from any accounts of the customers maintained with the Bank an amount equivalent to the offer value received without prior notice.
2. Customer’s entitlement to Trade Fee Discount Coupons is subject to the Bank’s approval of the opening of Trade Account and fulfillment of the reward requirements. HKD1,000 Trade Fee Discount Coupons (10 x HKD100 each) will be sent to the Customer within 1 month from the date on which the requirements are fulfilled. Trade Fee Discount Coupons are only applicable to the deduction of handling fees/charges of trade services (except factoring services). For details of usage, please refer to the terms and conditions printed thereon.
3. Mega prizes will be awarded in two rounds. The top 10 Customers with the highest turnover of designated trade transactions made during the period from 1 September 2009 to 30 November 2009 (“Promotion Period-Round 1”) and the period from 1 November 2009 to 31 January 2010 (“Promotion Period-Round 2”) will be entitled to mega prizes (“Prizes”). Designated trade transactions include Import Documentary Credits (DC) applications, amendments of DCs, Import non-DC Collection Bills, Export Bills and Trade Loans.
The Bank will inform the winners within 1 month after the end of the Promotion Period in each round. Prize redemption will be arranged by the Bank. The Prizes cannot be transferred or redeemed for cash. The Bank is not the supplier of the Prizes and will not be responsible for any liabilities relating to the Prizes. Any disputes arising from the Prizes shall be resolved between the Customers and the relevant suppliers. The Bank reserves the right to replace the Prizes by other prizes with equivalent value.
All trade transactions are subject to the Bank’s approval.
The Bank reserves the right to cancel 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.
In case of any discrepancy between the English and Chinese versions of the terms and conditions of these promotional offers, the English version shall prevail.