All-In-One Account

All your day-to-day banking needs are taken care of within one single account.

Note:

1. The type of foreign currencies available are: AUD, CAD, EUR, JPY, NZD, GBP, CNY, CHF, ZAR, THB & USD. The Bank reserves the right to update the available foreign currencies from time to time.

Consolidated Statement

Consolidated Statement gives you an at-a-glance summary of all transactions, overdraft facilities and the total investment portfolio under your Business Integrated Account as well as balances of your other accounts maintained with the Bank.

Customer will automatically receive Consolidated e-Statement for the Principal Account by default once you have registered for Hang Seng Business e-Banking successfully.

To apply for paper statements, please log in Hang Seng Business e-Banking and select “e-Services”> “Maintain e-Statement” in the menu to change your statement settings. e-Statements will be retained in the customer's Business e-Banking profile for 36 months from the issuance date. Details:.

Business Finance Services

Flexible lending products are offered to suit different business operation and expansion needs.

• Business Loan (including Instalment Loan and Business Overdraft Facility)
• Green Financing Promotion Scheme
• SME Financing Guarantee Scheme
• Bank Guarantee
• Property Mortgage Loan

*To borrow or not to borrow? Borrow only if you can repay!

Self-Service Cards

To save your time in queuing up at our branch counters, Business Integrated Account offers you with:

• Deposit Cards which allow you and your delegates to make deposit to your Hong Kong Dollar Accounts¹ registered in card via Automated Teller Machines (ATM), Cheque Deposit Machines (CQM) and Cash Deposit Machines (CDM) without the need to key in account numbers or card PIN manually

• Hang Seng Cards with independent access to 3 Hong Kong Dollar Accounts¹ registered in card for a wide range of banking services via ATM, CQM, CDM, EPS, UnionPay and PPS

Automated Teller Machine (ATM)

• You can use your Hang Seng Cards to withdraw cash, make transfers, enjoy the Bill Payment Service, request statement or cheque book and check account balance

Cheque Deposit Machine (CQM)

• Deposit up to 30 cheques at one time at any CQM and your account will be credited instantly². You can also obtain a comprehensive advice with cheque images and deposit account's name

Cash Deposit Machine (CDM)

• Deposit cash via a CDM and your account will be credited instantly

Purchase through Easy Pay System (EPS)

• Make payments through EPS terminals at participating retailers
• Your account will be debited directly and a receipt will be issued by the EPS terminal

Purchase through UnionPay

• Make payments through UnionPay terminals at participating retailers all over the world
• Your account will be debited directly and a receipt will be issued by the Union Pay terminal

Payment By Phone Service (PPS)

• Settle Hang Seng Commercial Cards payments and other public utilities payments such as government rates, tax bills and telephone bills, etc

Details of using ATMs in Hong Kong and abroad:

1. Including your Business Integrated Savings Account, Business Integrated Current Account, plus another Hang Seng Bank Account in the same name.
2. Only cheques deposited before 4:30pm on clearing days are shown in the account instantly.
3. Due to different dispensing limits of ATMs per withdrawal, you may need to perform more than one transaction to obtain the amount of cash you required.
4. The default daily transfer limit is HKD50,000 and could be adjusted to maximum HKD400,000 by application. The daily transfer limit is also shared by e-Banking and Phone banking for transfers to non-registered third-party accounts.
5. The daily bill payment limit is shared by e-Banking, Phone Banking and ATM. From 9 Dec 2018, ATM cardholders without Sports & Leisure bill payment limit can daily transfer HKD50,000 to Betting Account at Jockey Club vending terminals daily. The Sports & Leisure bill payment limit can be adjusted to maximum HKD500,000 by application.

For details of ATMs handling fees and services available, please visit

Overseas ATM Cash Withdrawal

^ If you would like to withdraw cash (including cash advance*) at overseas ATM, you must activate the overseas ATM cash withdrawal function in advance by setting the overseas ATM daily cash withdrawal limit and activation period through the following channels:

• ATM of Hang Seng Bank and HSBC in Hong Kong
• Hang Seng Personal and Business e-Banking
• Automated Phone Banking Hotlines
• Activation Steps via ATM
1. Select "Other Services" and then "Maintain Overseas ATM Daily Withdrawal Limit" in ATM main menu.
2. Set the overseas ATM daily cash withdrawal limit (including cash advance*). The overseas ATM daily withdrawal limit will be either 50% or 100% of the daily local ATM withdrawal limit.
3. Input the activation period - up to 1 year.
4. Once the overseas ATM cash withdrawal function is successfully activated, the Bank will immediately send a confirmation SMS to the customer's mobile phone number as recorded with us.

For details, please visit

Important Notes

• Customers are required to set the overseas ATM cash withdrawal limit for each individual ATM Card / Credit Card.
• When staying overseas , customers can activate the overseas ATM cash withdrawal function via Hang Seng Personal and Business e-Banking or our Automated Phone Banking Hotline. Please note that the function cannot be activated at overseas ATMs.
• Your ATM Card/Credit Card PIN and Phone Banking PIN will remain unchanged. Never disclose your PINs to anyone, including Hang Seng staff.
• In order to receive the SMS confirmation, before activation, please ensure that your mobile phone number registered with the Bank is valid and up-to-date. The SMS confirmation of successful activation will not be forwarded if you have subscribed to an "SMS Forwarding" service provided by your telecommunications service providers in Hong Kong.
• The new ATM Chip Cards cannot be used on the PLUS / Cirrus ATM network and designated HSBC ATMs). If you would like to access the PLUS / Cirrus ATM network, you may link your Hang Seng savings account to your Hang Seng VISA Card / Mastercard® (if applicable).
• You can set up, amend or cancel the overseas ATM withdrawal limit, with immediate effect, through the activation channels mentioned above.
• For non-personal customers, the Authorised Hang Seng Cardholder must be the Primary User or Secondary User of Hang Seng Business e-Banking or the Authorised Phone Banking User who may operate the relevant account(s) through such channel in order to activate the overseas ATM daily cash withdrawal limit of such account(s) via such channel.

*To borrow or not to borrow? Borrow only if you can repay!

Investment involves risks. Prices of foreign exchange and investment products may go up as well as down and may even become valueless. Investors should read in detail the offering documents and the Risk Disclosure Statement of the relevant investment products before making any investment decision.

• With the RMB Savings Sub-account under the Business Integrated Account, your company can enjoy services including cash deposits and withdrawals, account transfers, remittances / local interbank transfers and two-way RMB exchanges etc.
• Allow funds transfers to self-named or third party accounts (including personal or commercial accounts) without limitation on transaction amount and purposes.
• You can open a separate RMB Current Account² to issue cheques to individuals or business partners.
• Other RMB Commercial Banking Services include payroll, investments, loans* and trade services* etc.²

1. The RMB Commercial Banking Services are bound by relevant terms and conditions, in case of any disputes, the Bank reserves the right of final decision. For more details, terms and conditions, please visit or call 2198 8000.
2. Customer is required to apply for the above services separately, please contact our staff for details.

Note: All the information set out in this document is provided to the best of the Bank's knowledge and understanding of the relevant laws, rules, regulations, directives and guidelines governing or otherwise applicable to the RMB Savings and / or RMB Current Account, the RMB Savings Sub-account under Business Integrated Account and / or RMB Commercial Banking Services. Please refer to any updates which may be published or issued by the Bank and any latest guidelines issued by the relevant authorities governing the same from time to time. Please visit any branch of the Bank or contact our staff for the most updated information on the above.

Remittance Services

• Your company can initiate your remittance instruction via our extensive branch network or Hang Seng Business e-Banking
• You can pre-set instructions up to 45 days in advance and enjoy discounts of up to 55% on regular transaction fee with Business e-Banking

Note:

• Only applicable to the commercial customers of the Bank.
• The Bank reserves the right to change the offer and amend the related terms and conditions from time to time without prior notice.
• In case of disputes, the decision of the Bank shall be final.

Hang Seng UnionPay RMB Diamond Commercial Card and Hang Seng Commercial World Mastercard, using Renminbi and Hong Kong Dollar for settlement respectively, bring you dual currency spending advantages to let you pay business expenses with flexibility, wherever you are. What's more, you can also benefit from better expense management and comprehensive protection as well as superior privileges.

Hang Seng Commercial Cards*

• Individual and consolidated statements for both cardholder(s) & company
• Pre-set credit limit and cash advance service for specific card(s)¹
• 24-hour personal assistant services⁴, helping you with worldwide emergency assistance, restaurant reservation, air-ticket and hotel accommodation, corporate gifts arrangement and translation services, etc.
• A range of fantastic global business privileges for you to enjoy in Hong Kong, the Mainland and abroad. For more details, please visit

UnionPay RMB Diamond Commercial Card

• Extensive network in the Mainland & worldwide
• All transactions are settled in Renminbi, getting rid of foreign exchange differences for your Mainland spending. Foreign currency conversion fee is waived for non-Renminbi transactions, keeping down your business travel expenses.
• Earn a CNY1 cash rebate⁵ for every CNY250 retail spending which is directly credited to the credit card. The reward is unlimited.

Hang Seng Commercial World Mastercard

• Free travel insurance of up to HKD2,000,000 coverage^2,3
• Unauthorized spending protection with coverage of up to 1,500,000^3,6
• Company logo printed on card surface to reflect distinct identity⁷
• Earn $1 +FUN Dollars⁵ for every HK$250 retail spending on your card. For Mainland and overseas spending, you can even receive an up to 0.8% +FUN Dollars reward.
• Mastercard SmartData online expense management platform

For details, please refer to the relevant leaflet or visit .

1. Cardholders can activate/set overseas ATM cash withdrawal limit of Commercial Card account via ATM, Hang Seng Business e-Banking or Credit Card Customer Service Hotline. If cardholders activate or set up the above limit through Hang Seng Business e-Banking, the cardholder must be the primary user of Hang Seng Business e-Banking or an authorized user of the respective Commercial Card account. For details, please visit .
2. To enjoy free travel insurance with up to HK$2,000,000 indemnity limit with Hang Seng Commercial World Mastercard ("Commercial World Mastercard') and free comprehensive travel insurance for durations up to 6 days with Hang Seng UnionPay RMB Diamond Commercial Card (“UnionPay Commercial Card”) , Authorized Card User ("Card holder') is required to make payment for the fares of travel tour or transportation tickets with the card before departure from Hong Kong.
3. The scope of coverage, exclusions, indemnity limits and compensation are subject to the detailed terms and conditions of relevant insurance policy. For details, please call our 24-hour Customer Service Hotline (852) 2998 8222.
4. For details, terms and conditions, please visit .
5. For details, terms and conditions, please visit .
6. The service provides protection for maximum amount payable per occurrence up to USD10,000 and maximum aggregate limit per company up to USD1,500,000
7. HK$100 annual administration fee will be charged for each Commercial World Mastercard with company Logo printed thereon.

*To borrow or not to borrow? Borrow only if you can repay!

• With our payroll services, you can automate your employees' salary payments more efficiently
• Offer RMB Payroll Services² , enabling you to pay salary to your employees in RMB.

1. Should you require additional autopay services such as stop payment, additional payment codes and re-process transaction, etc., other autopay sundry charges will apply. For details, please call 24-hour Business Partner Direct 2198 8000.
2. Customer is required to apply the service separately. Please contact our staff for details.

Currency Switching Service

• Simply place your instructions for fund transfers between accounts of specified currencies via our branches or Business e-Banking, and the instructions will be executed once your preset criteria are met
• Set-up, modification or deletion instructions made within the specified time on a business day will be effective on the next business day
• Numerous criteria are available, including 3 basic criteria: (1) exchange rate, (2) amount, (3) frequency and date. Other criteria include suspension period, expiry date and cumulative maximum transfer amount over a pre-defined period

No-Bounce Cheque / Autopay Protection

• All cheques and autopay transactions of up to HK$10,000 drawn on your Business Integrated Account¹ will be covered, even if you exceed the available line of credit*, or if there are insufficient funds in your account, giving you extra peace of mind

1. Only applicable to customers who maintained an average daily Total Relationship Balance of HK$200,000 over the previous month, subject to other terms and conditions set by the Bank. For details, please refer to “Business Integrated Account Terms and Conditions”.

AutoSweeping Service

• Your cheques / autopay sums are less likely to bounce, helping you to save interest expenses
• If your Hong Kong Dollar Current Account is overdrawn or the line of credit is exceeded¹, we will automatically transfer the required funds from your Hong Kong Dollar Savings Account within the same Business Integrated Account on the following business day²
• The AutoSweeping Service is applicable to a daily total overdraft / excess amount of HK$20,000 or below³
• Apart from overdraft/excess coverage, the AutoSweeping Service will transfer an additional sum of HK$150⁴ to your Hong Kong Dollar Current Account for paying the unauthorised overdraft service charge and overdraft interest⁵

1. Including overdraft / excess falling within No-Bounce Cheque / Autopay Protection.
2. Only applicable to fund transfers from Hong Kong Dollar Savings Account to Hong Kong Dollar Current Account and subject to available balance of that savings account.
3. If the total overdraft / excess amount of the same day exceeds HK$20,000, even if any one of the cheque / autopay transactions is equal to or below HK$20,000, the AutoSweeping Service will not be activated.
4. If the available balance of the Hong Kong Dollar Savings Account after fund transfer for overdraft / excess is below HK$150, the AutoSweeping amount will be limited to the total overdraft / excess of the day.
5. An unauthorised overdraft handling fee of HK$120 will be charged per transaction. Interest at Prime Rate plus 8% per annum will be charged on the overdrawn amount. Please refer to the relevant terms and conditions for details.

AutoSweeping Service Illustration

1. The AutoSweeping amount is subject to the available balance of the Hong Kong Dollar Current Account at around 8:00 am on the following business day and that of the Hong Kong Dollar Savings Account upon funds transfer.
2. This balance does not include any unauthorised overdraft charges and overdraft interest.

Remark: If you do not wish to have this service, please visit any branch of the Bank to request cancellation.

*To borrow or not to borrow? Borrow only if you can repay!

Investment involves risks (including the possibility of loss of the capital invested). Prices of investment products may go up as well as down and may even become valueless. Past Performance is not indicative of future performance. Foreign securities carry additional risks not generally associated with securities in the domestic market. The value or income of foreign securities may be more volatile and could be adversely affected by changes in many factors. 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. Even if the investment product concerned is a principal protected investment / product, investors may lose the capital protection and may be subject to the risk of capital loss if they dispose of or withdraw from such investment / product prior to maturity. Investing in different Renminbi products involves different risks (including but are not limited to currency risk, exchange rate risk, credit risk of issuer / counterparty, interest rate risk, liquidity risk (where appropriate)).
The investment decision is yours but you should not invest in the a investment product 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.

Diversified Investment Products

Risk Warning of Securities Services:

Investors should note that investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.

Investors should note that investing in different Renminbi-denominated securities and products involves different risks (including but are not limited to currency risk, exchange rate risk, credit risk of issuer / counterparty, interest rate risk, liquidity risk (where appropriate)). The key risks of investing in securities via Stock Connect Northbound Trading include:

• Transactions under Stock Connect Northbound Trading will not be covered by the Investor Compensation Fund in Hong Kong.
• Once the respective quota is used up, trading will be affected or will be suspended.
• Stock Connect Northbound Trading will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. Investors should take note of the days the Stock Connect Northbound Trading is open for business and decide according to their own risk tolerance whether or not to take on the risk of price fluctuations in securities during the time when Stock Connect Northbound Trading is not trading.
• When security is recalled from the scope of eligible stocks for trading via Stock Connect Northbound Trading, that security can only be sold but NOT bought.
• Investors will be exposed to currency risk if conversion of the local currency into Renminbi is required.

Foreign securities carry additional risks not generally associated with securities in the domestic market. The value or income (if any) of foreign securities may be more volatile and could be adversely affected by changes in many factors. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.

Foreign Exchange involves Exchange Rate Risk. Fluctuations in the exchange rate of a foreign currency may result in gains or losses in the event that the customer converts HKD to foreign currency or vice versa.

Investors should not only base on this material alone to make any investment decision, but should read in detail in the relevant risk disclosure statements.

Risk Warning of Investment Fund Services:

• Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein (in particular those associated with investments in emerging markets for funds investing in emerging markets)) and risk disclosure statements of the relevant investment funds before making any investment decision. Investors should carefully consider whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.
• The risks for funds which are index funds include but not limited to:
  • －
    Tracking error risk: There can be no assurance that the performance of the relevant fund will be identical to the performance of the relevant index. Factors such as the fees and expenses borne by the relevant fund, the time differences associated with portfolio re-balancing, the prices at which the constituent stocks of the relevant index are acquired or disposed by the relevant fund, the market condition at the relevant time of acquisition or disposal, the index-tracking strategies or financial derivative instruments used will affect the performance of such fund relative to the relevant index.
  • －
    Passive investment risk: Fund manager does not have any discretion to select stocks individually or to take defensive positions in declining markets or changes in the composition of the index. Hence, any fall in the relevant index will result in corresponding fall in the value of the relevant fund. The composition of the relevant index may change and stocks currently comprising the relevant index may subsequently be delisted. Other stocks may also be added subsequently to become constituent stocks of the relevant index.
  • －
    Concentration risk: The relevant fund may be concentrated in a single or particular sector(s) or single country / region. The performance of the relevant fund could depend substantially on the performance of the relevant single or particular sector(s)/ market(s) and the relevant fund is likely to be more volatile than a broad-based fund as it is more susceptible to adverse conditions in the relevant single or particular sector(s) / market (s). In seeking to reflect the weightings of constituent stocks of the relevant index, investments of the relevant fund may be concentrated in a single constituent stock or several constituent stocks. The performance of the relevant index and the fund may be significantly affected by the price fluctuation of one or several of the constituent stocks of the relevant index.
• The risks for funds which are bond funds, including but not limited to the credit/default risks of the issuers of the bonds in which the bond funds invest, interest rate risk and liquidity risk etc.

Risk Warning of RMB denominated Funds:

• With respect to investing in RMB investment funds, non-RMB based investors are exposed to fluctuations in the RMB exchange rate against their base currencies. If investors wish or intend to convert the redemption proceeds (in RMB) into a different currency (for example Hong Kong dollars), they are subject to the relevant foreign exchange risk and may incur substantial capital loss from such conversion. There is no guarantee that RMB will not depreciate.
• Investors should note that funds denominated in RMB involve RMB currency risk. Besides general exchange rate risks, RMB is subject to foreign exchange control by the PRC government. Furthermore, funds with underlying investments which are not denominated in RMB are subject to multiple currency conversion costs involved in making investments and liquidating investments, as well as the RMB exchange rate fluctuations and bid/offer spreads when assets are sold to meet redemption requests and other capital requirements (e.g. settling operation expenses). Apart from the RMB currency risk, investors should also note the other risk disclosures stated in the offering documents of the relevant funds, including but not limited to limited availability of underling investments denominated in RMB, credit risk of counterparties, interest rate risk, liquidity risk, possibility of not receiving RMB upon redemption etc (if applicable). If the funds invest in offshore RMB debt securities, investors should note that the quantity of debt securities issued outside mainland China that are available to the funds is currently limited, which may adversely affect the performance and return of the funds. This type of funds is denominated in RMB, but they are not protected deposit, they are not protected by the Deposit Protection Scheme in Hong Kong.
• An ETF ("Exchange Traded Fund") is different from a typical unit trust as it is listed on The Stock Exchange of Hong Kong Limited, and like other listed stocks, carry similar risks such as liquidity risk and risk of trading suspension. The market price per Unit could be significantly higher or lower than its net asset value per unit due to market demand and supply, liquidity and scale of trading spread in the secondary market and will fluctuate during the trading day.
• Risk Associated with the MRF Arrangement:
  • －
    Quota restrictions: The Mainland-Hong Kong Mutual Recognition of Funds (MRF) scheme is subject to an overall quota restriction. Subscription of units in the Fund may be suspended at any time if such quota is used up.
  • －
    Failure to meet eligibility requirements: If a Recognized Mainland Fund ceases to meet any of the eligibility requirements under the MRF, it may not be allowed to accept new subscriptions. In the worst scenario, the SFC may even withdraw its authorization for the Fund to be publicly offered in Hong Kong for breach of eligibility requirements. There is no assurance that the Fund can satisfy these requirements on a continuous basis.
  • －
    Mainland tax risk: The tax arrangement on Mainland tax relating to investment in a Recognized Mainland Fund is currently unclear. Investors may be subject to uncertainties in the Mainland tax liabilities.
  • －
    Different market practices: Market practices in the Mainland and Hong Kong may be different. In addition, operational arrangements of Recognized Mainland Funds and other public funds offered in Hong Kong may be different in certain ways. For example, a Recognized Mainland Fund may only accept subscriptions or redemption of units on a day when both the Mainland and Hong Kong markets are open, or it may have different cut-off times or dealing day arrangements versus other Hong Kong funds. Investors should ensure that they understand these differences and their implications.
  • －
    Concentration Risk / Mainland Market Risk: The Fund invests primarily in securities related to the Mainland market and may be subject to additional concentration risk. Compared to investment in other markets, investing in the Mainland may give rise to different risks including political, policy, tax, economic, foreign exchange, legal, regulatory and liquidity risks.

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 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 Warning of Bonds or third-party issued Certificates of Deposit:

• Bonds / third-party issued Certificates of Deposit ("CDs") are investment products. The investment decision is yours but you should not invest in a bond orCD unless the intermediary who sells it to you has explained to you that the bond/ CD is suitable for you having regard to your investment objectives, investment experience, investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should read the relevant product Offering documents and terms and conditions (including the full text of the risk factors therein) in detail before making any investment decisions. . Your intermediary is under a duty to assure that you understand the nature and risks of this product, and that you have sufficient net worth to be able to assume the risks and bear the potential losses of trading in this product.
• Bonds or CDs are not deposits and should not be treated as a substitute for conventional time deposits.
• CDs are not a protected deposit and are not protected by the Deposit Protection Scheme in Hong Kong.
• Investors who purchase a bond or CD are exposed to the credit risk of the Issuer and the Guarantor (if any) of the bond or CD. There is no assurance of protection against a default by the issuer/guarantor in respect of the repayment obligations. In the worst case scenario, any failure by the issuer and the guarantor (if any) to perform obligations when due may result in the loss of all of your investment.
• Renminbi (RMB) is not a freely convertible currency. As such, investors trading bonds and/or CDs denominated in RMB are subject to additional risks (such as currency risk).
• The information displayed does not constitute nor is it intended to be construed as any professional advice, offer, solicitation or recommendation to deal in Bonds / CDs. Investors should be aware that all investments involve risks (including the possibility of loss of the capital invested). The prices of Bonds and CDs may go up as well as down and past performance is not indicative of future performance. Investors should not only base on this information alone to make investment decisions, and should carefully consider whether an investment is suitable for them in view of their own investment objectives, investment experience, investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should read the relevant product Offering documents and terms and conditions (including the full text of the risk factors therein) in detail before making any investment decisions. Investors should obtain independent professional advice if they have concerns about their investment.

Risk Warning of Structured Product:

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 Statements of the relevant investment products.

Risk Disclosure for Equity Linked Structured Products:

• Equity Linked Structured Products involve derivatives. The investment decision is yours but you should not invest in an Equity Linked Structured Product 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 objectives. 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.
• 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.
• Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in this Product involving RMB are subject to the currency risk of RMB.

RMB Currency Risk

• Renminbi ("RMB") is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.

We also offer a wide array of leading-edge financial solutions to fulfil your business needs. Your Business Integrated Account Monthly Fee takes into account your total business relationship with the Bank. Act now to consolidate your banking with us!

*To borrow or not to borrow? Borrow only if you can repay!