Terms and Conditions - Hang Seng Bank

Terms and Conditions for Online Investment Services Lucky Draw Offer (the “Offer”):

The Offer is valid from 1 October 2021 to 31 December 2021, both dates inclusive (the "Promotion Period").

This Offer is applicable to Signature, Prestige Banking, Preferred Banking, Green Banking, Integrated Account personal customers and staffs (“Eligible Customers”) of Hang Seng Bank Limited (the “Bank”). Eligible customers have to complete designated products or services items (“Designated items”) stated below during the Promotion Period, a maximum of 1 lucky draw entry (“Lucky Draw”) will be offered for successfully completion of each Designated item, each Eligible Customer can get a maximum of 11 Lucky Draw Entries.

Designated items	Each Designated item is applicable to Eligible customers below	No. of Lucky Draw Entry upon completion
Open a SimplyFund Account	Eligible customers who never opened SimplyFund Account on or before 30 September 2021	1 Entry
Subscribe for funds via SimplyFund Account (Account suffix 384)	Eligible customers who did not have any funds subscription via SimplyFund Account from 1 January to 30 September 2021	1 Entry
Open an Investment Fund Account	Eligible customers who never opened Investment Fund Account on or before 30 September 2021	1 Entry
Subscribe for funds via Investment Fund Account (Account suffix 382)	Eligible customers who did not have any online fund subscription or switching (exclude the funds subscribed through Hang Seng Monthly Investment Plan for Funds) via Investment Fund Account (Account Suffix 382) from 1 January to 30 September 2021	1 Entry
Subscribe MaxiInterest Investment Deposit	Eligible customers who did not have any online MaxiInterest Investment Deposit subscription from 1 January to 30 September 2021	1 Entry
Subscribe Capital Protected Investment Deposit	Eligible customers who did not have any online Capital Protected Investment Deposit subscription from 1 January to 30 September 2021	1 Entry
Subscribe FX2 - FX and Precious Metal Trading Services	Eligible customers who did not have any online FX2 - FX and Precious Metal Trading Services subscription from 1 January to 30 September 2021	1 Entry
Subscribe Equity Linked Investments	Eligible customers who did not have any online Equity Linked Investments subscription from 1 January to 30 September 2021	1 Entry
Complete/ update Risk Profiling Questionnaire	Any Eligible Customers	1 Entry
Complete/ update Investor Protection Assessment	Any Eligible Customers	1 Entry
Opt-in e-statement/ e-Advice Service for Investment Fund Account (Account suffix 382)	Eligible customers who did not register to receive f e-statement/ e-Advice for Investment Fund Account as of 30 September 2021	1 Entry

30 Lucky Draw winners (“Winners”) will be drawn randomly to get a HKD5,000 Apple Store Gift Card each as the prize ("Prize"). Each Eligible customer can get one Prize only.
Completion time of the Designated items are subject to the Bank's record. The Bank will determine the eligibility of the entries for the Lucky Draw based on the record held by the Bank. In case of any disputes, The Bank’s record shall be final and conclusive.
On or before 31 March 2022, the redemption letter notifying winner of the redemption details will be mailed by the Bank. All relevant accounts of the Winner must remain valid until the mailing date of the redemption letter.
In case of any reason the Bank is unable to provide the Prizes, the Bank reserves the right to substitute the Lucky Draw Prizes with other gifts at any time without prior notice. The value or nature of the substitute gift may differ from the Prizes offered for this Promotion.
The Bank is not the supplier of the Prizes, and shall not be responsible for any legal liabilities related to the Prizes. Any disputes relating to the Prizes shall be settled between the Eligible Customers and the supplier directly.
The Offer is considered on a "per-eligible customer basis". In case the relevant account is a joint-named account, only the primary account holder can enjoy the offers.
Unless otherwise specified, the Offer is not applicable to Business Banking and Private Banking customers of the Bank, and cannot be used in conjunction with other offer(s) of the Bank.
The Bank reserves the right to suspend, vary or terminate all the offers at any time and to amend the relevant terms and conditions from time to time without prior notice. The decision of the Bank on all matters relating to this promotion and the relevant offers shall be final and binding on all parties concerned.
No person other than the Customers 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.
These terms and conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
These terms and conditions are subject to prevailing regulatory requirements.
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

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 investments. If you purchase the Equity Linked Structured Products, you are relying upon the creditworthiness of the Issuer of Equity Linked Structured Products.
Liquidity risk - Equity Linked Structured Products are designed to be held to its maturity. You may not be able to sell your investment in the Equity Linked Structured Products before maturity. If you try to sell the Equity Linked Structured Products before expiry, the amount you receive may be substantially less than the investment amount you paid for the Equity Linked Structured Products.
Credit risk of the Equity Linked Structured Products issuer - Equity Linked Structured Products constitute general unsecured and unsubordinated contractual obligations of the issuer. When you buy Equity Linked Structured Products, you will be relying on the creditworthiness of the Equity Linked Structured Products issuer and of no other person. You have no rights under the terms and conditions of Equity Linked Structured Products against any issuer of any linked stock. If the relevant Equity Linked Structured Products issuer becomes insolvent or default on its obligations under the Equity Linked Structured Products, in the worst case scenario, you could lose all of your investment.
Not the same as investing in linked stock - Investing in Equity Linked Structured Products is not the same as investing in the linked stock(s). Changes in the market price or level of any linked stock(s) may not lead to a corresponding change in the market value of, or your potential gain or loss under, the Equity Linked Structured Products.
You should not make any investment decision based on this document alone. Before making any investment decision, you should take into account your own circumstances including but not limited to your financial situation, investment experience, investment objectives, particular needs and should understand the nature, terms and risks of the investment products. If you have concerns about these information, you should obtain independent professional advice.

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.
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.

Important Information for “Risk Profiling Questionnaire”

The Risk Profiling Questionnaire is provided by Hang Seng Bank Limited (the "Bank") and is intended to help the customer understand his/her risk profile and investment needs. The Bank makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy or completeness of the information or recommendation given. The suggestions are derived from information that the customer has provided to the Bank. The suggestions are designed to meet the needs discussed in this test and are in line with the customer’s attitude towards risk. The suggestions are for the customer’s consideration when making his/her own investment decisions. The suggestions are not an offer to sell or a solicitation to buy any financial products and the suggestions should not be considered as investment advice.

Important Information for “Investor Protection Assessment”

Hang Seng Bank Limited (“Hang Seng Bank” or “the Bank”) is committed to exercising care and providing additional protection to vulnerable customers in the sale of investment products. This assessment is provided by the Bank and is intended to help customer understand whether he/ she is a Vulnerable Customer based on his/ her personal circumstances, including his/ her investment trading experience.
The investor protection status derived from this Investor Protection Assessment will be valid for 1 year from the last updated date unless there is any update on the customer’s circumstances in the Bank’s record in which case the assessment result would become invalid automatically. Customer should complete a new assessment if there are any changes to the customer’s circumstances that may impact his/her investor protection status.
Any assessment on the customer’s investor protection status will be based on the information in the Bank’s record (such as age, education level, net liquid asset and investment experience in past 5 years), the information customer provides to the Bank and the observation from the sales staff when contacting with customer. If a customer fails to provide complete, accurate, and up-to-date information, it will affect the Bank’s assessment of the customer’s investor protection status and any services that may be provided.
For joint account, each account holder must complete an investor protection assessment separately.
For authorized person, he/she must complete an Investor Protection Assessment before conducting any investment transactions.

The contents of this promotion page have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to this promotion page.