General Terms and Conditions:

  1. The promotion period is from 1 July to 31 December 2023, both dates inclusive (the “Promotion Period”).
  2. Hang Seng reserves the right to suspend, vary or terminate this promotion and any relevant offer and to amend the relevant terms and conditions at any time without prior notice.
  3. Hang Seng reserves the right of final decision on the eligibility of any customer for the relevant offer(s).
  4. No person other than the customer and Hang Seng (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 provisions of these Terms and Conditions.
  5. These terms and conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  6. These terms and conditions are subject to prevailing regulatory requirements.
  7. In the case of any disputes, Hang Seng reserves the right of final decision on all matters relating to this promotion and any relevant offer(s), which shall be binding on all the parties concerned.
  8. In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.

New commercial customers open a new Hang Seng “Integrated Business Solutions Account” (“IBS Account”) to enjoy HKD200 Fortress Cash Coupon Terms and Conditions:

  1. New commercial customer means incubatees and tenants of HKSTP ecosystem who do not hold any Hang Seng Business Account ("Eligible New Commercial Customer").
  2. During the Promotion Period, Eligible New Commercial Customer who successfully opens a new Hang Seng IBS Account can enjoy HKD200 Fortress Cash Coupon (“Cash Coupon”). Each Eligible New Commercial Customer can enjoy the Cash Coupon offer one time only.
  3. Hang Seng will mail the Cash Coupon or the redemption letter to Eligible New Commercial Customer’s registered correspondence address on or before 29 February 2024.
  4. Hang Seng is not the supplier of the Cash Coupon and will therefore not assume any liability in relation to the Cash Coupon. Any matters with regards to the quality and availability of the product(s) and/or service(s) relating to the Cash Coupon will be solely responsible by the supplier of the Cash Coupon. Any disputes or complaints relating to the Cash Coupon shall be resolved directly between customers concerned and the supplier. For the details of how to use the Cash Coupon, please refer to the terms and conditions printed thereon. Cash Coupon cannot be redeemed for cash or exchanged for any other gift. If there is any damage or lost, the Cash Coupon will not be replaced.

IBS Account Administrative Fee Waiver Terms and Conditions:

  1. Incubatees and tenants of HKSTP ecosystem (“Eligible Customer”) who successfully opened an IBS Account during the Promotion Period will be entitled to administrative fee waiver.

New trade account administration fee waiver (HKD1,000) Terms and Conditions:

  1. Incubatees and tenants of HKSTP ecosystem who successfully opened a new trade account during the promotion period can enjoy administration fee waiver (HKD,1000).

“Inno Booster Loan” Terms and Conditions:

  1. "Inno Booster Loan" is a loan product under Hang Seng Business Loan, applicable only to the incubatees and tenants of HKSTP ecosystem who have successfully applied for the Research Talent Hub offered by the Innovation and Technology Commission ("Eligible Loan Customer").
  2. To enjoy priority approval on Hang Seng “Inno Booster Loan”, Eligible Loan Customer must fulfill the following conditions: the customer must be a new borrowing customer of Hang Seng, the sole proprietor or one of the partners or one of the individual directors of the customer must be a Hong Kong permanent resident; and the customer must be incorporated / commenced its business in Hong Kong for at least 6 months and have good credit records at the time of loan application. To enjoy the offers of “Inno Booster Loan” (including handling fees offer and interests offer and document exemption etc.), Eligible Loan Customers are required to complete and submit the designated application forms for Hang Seng Business Loan.
  3. The loan is subject to final approval by Hang Seng. Hang Seng has the absolute discretion to reject any application without giving any reasons.
  4. Hang Seng reserves the right to request any further supporting documents / information from Eligible Loan Customers.