Terms and Conditions:

  1. The promotion period is from 6 April 2020 to 30 June 2020 (the "Promotion Period").
  2. The offer is only applicable to customers who fulfill the 3 criteria below at the same time (the “Eligible Customers”):
    (i) Eligible personal customers holding a Prestige Signature, Prestige Banking, Preferred Banking, Green Banking or Integrated Account (each an “Eligible Account”) with Hang Seng Bank Limited (the "Bank"); and
    (ii) Customers who do not have any Relevant Investment Product transaction between 1 October 2019 and 31 March 2020 in any integrated account(s) including Prestige Signature, Prestige Banking, Preferred Banking, Green Banking and Integrated Account of the Bank; and
    (iii) Customers who have successfully subscribed for Relevant Investment Product(s) with specific Accumulated Investment Amount via Hang Seng Personal e-Banking or Hang Seng Personal Banking mobile app during the Promotion Period.
    Eligible Customers will be entitled to receive Cash Rewards as per table below:

    Accumulated Investment Amount (HKD or equivalent)

    Cash Rewards

    HKD5,000 to less than HKD100,000

    One-off HKD25

    HKD100,000 or above

    HKD100 for every HKD100,000 accumulated investment amount (maximum HKD1,000 Cash Rewards)

  3. "Relevant Investment Products" refer to:
    Applicable to Eligible Customers subscription for and/or switching to any investment funds distributed by the Bank (except for the funds set out in paragraph 4 below), subscription for equity linked structured products, MaxiInterest Investment Deposit, Capital Protected Investment Deposit and/or new positions established with the FX2 - FX And Precious Metal Trading Services through Hang Seng Personal e-Banking or Hang Seng Personal Banking mobile app during the Promotion Period.
  4. The offer is not applicable to fund subscription through Hang Seng Monthly Investment Plan for Funds, fund subscriptions via iPower Account (under the account number suffix of 384), and other funds/ fund transactions as specified by the Bank from time to time.
  5. About “Accumulated Investment Amount”:
    The Accumulated Investment Amount of Relevant Investment Products will be calculated in Hong Kong dollar. Only the value of completed transactions in the integrated account of Eligible Customers will be counted in determining the Accumulated Investment Amount, while the value of any cancelled or unsuccessful transactions will be excluded. If the Relevant Investment Products invested during the Promotion Period are denominated in currency other than Hong Kong dollar, the Accumulated Investment Amount within the Promotion Period will be calculated by converting it into Hong Kong dollar based on the exchange rate as determined by the Bank on the last dealing day of June 2020.
  6. Any investment application made after the cut-off time of the Relevant Investment Products on 30 June 2020 will not be regarded as investment application made during the Promotion Period and will not be counted towards the Accumulated Investment Amount within the Promotion Period. All such applications will be handled in the next dealing day. Please note that the cut-off time for different investment products through different channels may vary. Eligible Customers are advised to check the cut-off time for the Relevant Investment Products with our staff.
  7. The Accumulated Investment Amount is calculated on a "per-customer basis", if the Eligible Customer has more than one Eligible Accounts, the Accumulated Investment Amount of Relevant Investment Products will be combined for calculation. In case the relevant account is a joint-named account, only the primary account holder can enjoy the offer. Each eligible customer will only be eligible for a maximum of HKD1,000 Cash Rewards (subject to the Accumulated Investment Amount).
  8. The Bank will credit the Cash Rewards into, in each case, the Hong Kong Dollar settlement account of the relevant Eligible Account of the customer on or before 30 September 2020. The relevant Eligible Account must remain valid when the relevant Cash Rewards is credited.
  9. Unless otherwise specified, the offer is not applicable to Commercial Banking and Private Banking customers of the Bank, and cannot be used in conjunction with other offer(s) of the Bank.
  10. No person other than the customer and the Bank (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms and Conditions.
  11. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  12. These Terms and Conditions are subject to prevailing regulatory requirements.
  13. For more details of the offer, please contact the Bank’s staff. The offer is offered by the Bank. The Bank reserves the right to suspend, vary or terminate the offer and to amend these Terms and Conditions at any time without prior notice. The Bank also reserves the right of final decision on all matters relating to the offer, which shall be binding on all parties concerned.
  14. In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.

Risk Disclosure of Investment Funds

  • Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices of fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read the relevant fund’s offering documents (including the full text of the risk factors stated therein (in particular those associated with investments in emerging markets for funds investing in emerging markets) in detail before making any investment decision.

Risk Disclosure of Equity Linked Structured Products

  • Equity Linked Structured Products involve derivatives. The investment decision is yours but you should not invest in the Equity Linked Structured Products unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. Investors should read the relevant offering documents of the Equity Linked Structured Products before making any investment decision.
  • Equity Linked Structured Product is a Complex Product and you should exercise caution in relation to this product.
  • The market value of the equity linked structured products may fluctuate and investors may sustain a total loss of their investment. Prospective investors should therefore ensure that they understand the nature of the equity linked structured products and carefully study the risk factors set out in the offering documents for the equity linked structured products and, where necessary, seek independent professional advice, before they decide whether to invest in equity linked structured products. If you purchase the equity linked structured products, you are relying upon the creditworthiness of the Issuer of equity linked structured products.

Risk Disclosure of MaxiInterest Investment Deposit:

  • This is a structured product involving derivatives. The investment decision is yours but you should not invest in the MaxiInterest Investment Deposit unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. Investors should read the relevant Important Facts Statement, Terms and Conditions and risk disclosure statement before making any investment decision.
  • Investors should note that this product is not capital protected and is not a normal time deposit, and thus should not be considered as normal time deposit or its alternative.
  • Earnings on this product are limited to the nominal interest payable. As the principal and the earning 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. If the product is withdrawn before maturity, investors will also have to bear the costs involved. Such losses and costs may reduce the earnings and the principal amount of this product.
  • Investors should seek professional advice where necessary. The relevant Terms and Conditions of this product are available upon request to the staff of the Bank.
  • This product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
  • Investment in this product is subject to the credit risk of the Bank.
  • Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the MaxiInterest Investment Deposit involving RMB are subject to the currency risk of RMB.

Risk Disclosure of Capital Protected Investment Deposit:

  • This is a structured product involving derivatives. The investment decision is yours but you should not invest in the Capital Protected Investment Deposit unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. Investor should read the Important Facts Statement of the relevant investment type, the relevant term sheet, Terms and Conditions and risk disclosure statement before making any investment decision.
  • Investor should note that this product is not normal time deposit and thus should not be considered as normal time deposit or its alternative.
  • This product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
  • Investment in this product is subject to the credit risk of the Bank.
  • Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the Currency-Linked Capital Protected Investment Deposit involving RMB are subject to the currency risk of RMB.

Risk Disclosure for FX2 - FX and Precious Metal Trading Services:

  • Foreign exchange and precious metal trading involves a high degree of risk. You may sustain a substantial or even total loss of your initial collateral. Under certain market conditions, you may find it difficult or impossible to liquidate a position of outstanding FX2 Trading Contracts. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily limit your loss at the designated price. In extreme circumstances whereby the market moves significantly against your positions, you may be required to make additional deposits or interest payments within a short period of time to maintain your positions. If you fail to provide the required deposits or interest payments immediately, your positions under all outstanding FX2 Trading Contracts may be closed out without prior notice. You should therefore carefully consider if foreign exchange and precious metal trading is suitable for you in light of your own financial position and investment objectives.
  • Renminbi ("RMB") is subject to foreign exchange control by the PRC government. If your FX2 Trading Contract involves offshore RMB, you will be subject to foreign control and currency risks of RMB.
  • Investment involves risks. The above risk disclosure cannot disclose all the risks involved. You should read and understand all the relevant documents and risk disclosure (in particular, the Risk Disclosure Statement contained in the relevant application form) before making any investment decision.
  • The contents of this webpage have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to this webpage. If you are uncertain of or do not understand the nature of and the risks involved in foreign exchange and precious metal trading, you should seek independent professional advice.