6. The offers are not applicable to commercial customers.

Transcription

1 General Terms and Conditions: 1. Unless otherwise specified, the offers are only applicable to customers who meet the account opening requirements and have newly opened / upgraded to an Integrated Account of Prestige Banking ( Prestige Banking ) at Hang Seng Bank Limited (the Bank ) branches, or have upgraded to Prestige Banking through Hang Seng Personal e-banking or phone banking hotline during the period from 1 January 2018 to 31 March 2018 ( Promotion Period ) (excluding existing customers who are holding solenamed or joint-named Prestige Banking; (b) customers who have closed any Prestige Banking with the Bank during the period from 1 July 2017 to 31 March 2018; or (c) those customers whose accounts have been terminated in any period) (the Eligible Customers ). 2. If customer newly opens / upgrades to more than one Prestige Banking, including any sole-named or joint-named account, during the Promotion Period, entitlement to the offers will be based on the Prestige Banking with the earliest account opening / upgrading date. 3. If customer newly opens / upgrades to both Prestige and Integrated Account of Preferred Banking ( Preferred Banking ) during the Promotion Period and fulfills the welcome offers requirement of Prestige Banking, entitlement to welcome offers will be based on Prestige Banking, and the relevant offers of Preferred Banking will not be applicable. 4. If customer newly opens / upgrades to both Prestige Signature and Prestige Banking during the Promotion Period and fulfills the welcome offers requirement of Prestige Signature Banking, entitlement to welcome offers will be based on Prestige Signature Banking, and the relevant offers of Prestige Banking will not be applicable. 5. Each Eligible Customer can only enjoy the offers once unless otherwise specified. The offers cannot be used in conjunction with other promotional offers of the same product offered by the Bank. 6. The offers are not applicable to commercial customers. 7. In case the relevant Prestige Banking is a joint-named account, only the primary account holder can enjoy the offers. 8. The Prestige Banking must remain valid at the time the offers are being awarded. If Eligible Customers have terminated the relevant Prestige Banking or changed such account to a non-prestige Banking at the time when offers are being given, the Bank reserves the right to deduct from any accounts of the Eligible Customers maintained with the Bank an amount equivalent to the value of the rewards without prior notice.

2 9. Hang Seng Credit Card Cash Dollars ( Cash Dollars ) will be credited to the Hang Seng Prestige World Mastercard account of each Eligible Customer. If an Eligible Customer does not have a Hang Seng Prestige World Mastercard, the Cash Dollars will be credited to the Hang Seng Credit Card account with the highest Cash Dollars balance. If an Eligible Customer has one or more than one Hang Seng Credit Card account with an outstanding Advance Cash Dollars balance, the Cash Dollars will be credited into such Credit Card account with the highest outstanding Advance Cash Dollars balance at that time. Eligible Customer who does not have any applicable Hang Seng Credit Card Principal Card can make enquiries to the Bank and apply for one. The application must be successfully approved one month before the crediting of the relevant Cash Dollars in order to be eligible for the Cash Dollars offer. If the application for the credit card is not approved, the Eligible Customer will not be offered any Cash Dollars. Upon the crediting of the Cash Dollars, the relevant Credit Card account must still be valid and with a good credit record. The offer is not applicable to any Hang Seng Supplementary Card, Business Card, Commercial Card, USD Visa Gold Card, UnionPay RMB Diamond Commercial Card, Renminbi Credit Card, Spending Card, e-shopping Mastercard, or Private Label Card. The Cash Dollars cannot be transferred or converted into cash. The use of Cash Dollars is subject to the terms and conditions of the Hang Seng Credit Card Membership Rewards Programme. For details, please call the 24-hour Hang Seng Credit Card Marketing Enquiry Hotline at The Bank reserves the right to suspend, vary or terminate this promotion and the related offers and to amend these terms and conditions at any time without prior notice. The decision of the Bank on all matters relating to this promotion and the related offers shall be final and binding on all the parties concerned. The relevant offers are subject to the terms and conditions of the relevant products / services. If there is any inconsistency between the terms and conditions of the relevant products/services and these terms and conditions, these terms and conditions shall prevail. In case of any discrepancy between the English and the Chinese versions of these terms and conditions, the English version shall prevail. 11. 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. 12. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region. 13. These Terms and Conditions are subject to prevailing regulatory requirements.

3 Terms & Conditions of the offers: 14. First year monthly fee waiver by opening an account with as low as HK$500,000: To enjoy the first year monthly fee waiver of Prestige Banking, Eligible Customers who newly open / upgrade to Prestige Banking must maintain a monthly Total Relationship Balance of HK$500,000 or above for Prestige Banking during the first year monthly fee waiver period. If the Total Relationship Balance of the previous month falls below HK$500,000, a HK$340 monthly fee will be charged. After the first year monthly fee waiver period, the standard monthly fee for Prestige Banking will be applied if the Total Relationship Balance of the previous month is below HK$1,000,000. For details of the monthly fee, please check with the Bank s staff. The Total Relationship Balance is the monthly aggregate balance of the daily average of all deposits, gold accounts, securities, investment funds, utilised overdraft facilities, credit card cash advances, outstanding balance of personal loans and the accumulated premiums paid for the designated life insurance plans distributed by the Bank as an agent as well as Hang Seng MPF balance. For sole-named Integrated Account holders, their other joint-named account(s) will also be included. 15. Total Relationship Balance Privilege: Total Relationship Balance Growth means the monthly Total Relationship Balance in the entire month of May 2018 maintained by Eligible Customer in excess of his/her monthly Total Relationship Balance in the entire month of December For customer who did not hold any account with the Bank on or before 31 December 2017, his / her Total Relationship Balance will be treated as zero for the entire month of December (b) To enjoy the offer, Eligible Customer must deposit new funds + of no less than HK$500,000 to the Bank within 2 weeks from the date of account opening / upgrading to fulfill the required Total Relationship Balance Growth Amount as shown in the table below. Total Relationship Balance Growth Amount HK$8,000,000 or above HK$3,000,000 - HK$7,999,999 HK$1,000,000 - HK$2,999,999 HK$500,000 - HK$999,999 Cash Dollars Entitlement $6,800 $2,500 $800 $300 (c) (d) (e) $300 Cash Dollars will be awarded in case an Eligible Customer does not meet the above Total Relationship Balance Growth Amount, but maintains his or her Total Relationship Balance at HK$1,000,000 or above throughout May Each Eligible Customer can enjoy the offer once only. The $6,800 Cash Dollars offer cannot be used in conjunction with the $300 Cash Dollars offer. The relevant Cash Dollars will be credited to the Hang Seng Credit Card account of Eligible Customer on or before 31 July 2018 and a notification letter will be mailed to the customer. Eligible Customer should maintain the relevant Total Relationship Balance Growth Amount at the time when Cash Dollars are credited. If the customer does not have any Hang Seng Credit Card during the Promotion Period, the customer must apply for a Hang Seng Credit Card and the card must be approved on or before 30 June 2018 in order to enjoy the Cash Dollars reward.

4 + New Funds refers to funds newly deposited into the Bank using a cheque drawn on any other bank, inward CHATS or T/T during the Promotion Period, thereby increasing the aggregate deposits placed by the customer with the Bank. For clarification of the definition of New Funds, please contact the Bank s staff. In case of any disputes in relation to the definition of New Funds, the decision of the Bank shall be final. 16. Welcome Privileges Unless otherwise specified, Eligible Customer who successfully takes up the designated products / services of to (j) listed at Table A and meets the respective requirements as per Table B during the period from 1 January 2018 to 31 May 2018, will be entitled to the Welcome Offers. Each Eligible Customer is only entitled to a maximum of $1,000 Cash dollars only. (b) Eligible Customer who takes up the same designated product / service more than one time will only be counted as one time only. (c) Cash Dollars will be credited to the Hang Seng Credit Card account of Eligible Customer on or before 31 July Table A Designated Product / Service Take Up Hang Seng Personal e-banking (b) Hang Seng Easy Pay (c) Direct Debit Authorization (d) Bill Payment (e) Payroll Service (f) Prestige World Mastercard (g) Securities (h) Investment Fund (i) Life (j) Health Insurance Scheme Welcome Offers No. of Designated Product / Service Taken up Offers Entitled $1,000 Cash Dollars $500 Cash Dollars $200 Cash Dollars Table B Designated Products / Hang Seng Personal e-banking (b) Hang Seng Easy Pay (c) Direct Debit Authorization Requirements Successful registration of Hang Seng Personal e-banking and Eligible Customer must not have registered for the service for any account on or before 31 December Successful registration of Hang Seng Easy Pay and Eligible Customer must not have registered for the service for any account on or before 31 December Eligible Customer must set up a new Direct Debit Authorization via Hang Seng Personal e-banking or at any Hang Seng Bank branch.

5 Designated Products / (d) Bill Payment (e) Payroll Service (f) Prestige World Mastercard (g) Securities (h) Investment Fund Requirements Eligible Customer must make bill payment for 3 times with the amount for each bill must not less than HK$100 via 24-hour automated Phone Banking, Hang Seng Personal e-banking or ATM. Eligible Customer must not have any payroll transaction under any account with the Bank between 1 July 2017 and 31 December Eligible Customer must set up the Payroll Service with a sole-named or joint-named Prestige Banking and inform your employer to change your Prestige Banking as payroll account during the promotion period, and must have one month payroll record from 1 January 2018 to 31 May 2018 with the amount not less than HK$6,000. The payroll amount of each Eligible Customer must be directly credited to his/her designated account by the employer. The payroll amount and the number of payroll transactions are subject to the Bank s records. Eligible customer must be Principal Card applicants who apply for Prestige World Mastercard and whose applications are successfully approved during the Promotion Period; and without holding any Prestige World Mastercard currently and/or in the past 12 months. Eligible customer must successfully open a new subsidiary securities account (personal / joint) under the Prestige Banking ( New Securities Account ). All of the account holders of the New Securities Account must not hold any securities account (personal / joint) with the Bank within a period of 3 months preceding the relevant new securities account opening date. Eligible customer must open a new Funds Account and subscribe for any open-ended funds distributed by the Bank through the subsidiary funds account (under the account number suffix of 382) under the Prestige Banking. This offer does not apply to fund subscriptions pursuant to any Hang Seng Monthly Investment Plan for Funds, fund subscriptions via ipower Account (under the account number suffix of 384), fund units with no subscription fees, money market funds, and other funds/ fund transactions as specified by the Bank from time to time.

6 Designated Products / (i) Life Requirements Funds subscription applications which are received after the cut-off time of the relevant funds on the last day of the promotion period (i.e. 31 March 2018) will not be considered as subscription applications within the promotion period, such subscription applications will be processed on the next dealing day. Please note that different cut-off times may apply to subscription applications for different funds and/or subscription applications for the same fund through different channels. Customers are advised to contact our staff to enquire about the cut-off time for the relevant subscription applications. Eligible Customer must successfully apply for the following Life Insurance Plans as subscribers: Protection s Treasure Life MediCash Lifetime PreciousLife Critical Illness Life Insurance Plan Savings / Universal Life s FutureEnrich Life Insurance Plan PreciousWay Education Life SavourLife II Annuity Life SavourLife II (RMB) Annuity Life Insurance Plan HarvestLife (RMB) Life Splendid Universal Life Application form of the life insurance plan of Hang Seng Insurance Company Limited must be signed and submitted within the promotion period. The relevant application must be successfully approved and effective on or before 1 June 2018, and when the offer is being rewarded, its cooling-off period (that is, 21 days after the delivery of the policy or issue of a notice informing you/your representative about the availability of the policy and expiry date of the cooling-off period, whichever is earlier) stated in the policy provision is over and the policy must be still in force. Please refer to the promotion leaflet/ flyer and contract for the detailed coverage, exact terms and conditions and exclusions of the relevant life.

7 Designated Products / (j) Health Insurance Scheme Requirements Eligible Customer must successfully apply for the medical protection schemes under Hang Seng Bupa PreciousHealth Series as subscribers, including: Essential Health Insurance Scheme ( Essential ), Excel Health Insurance Scheme ( Excel ), Excel Plus Health Insurance Scheme ( Excel Plus ), Global Supreme Health Insurance Scheme ( Global Supreme ) and Global Infinite Health Insurance Scheme ( Global Infinite ). The Bank and Bupa (Asia) Limited ( Bupa ) reserve the right to make final decisions on the application of the Relevant Schemes. The relevant application must be successfully approved and effective on or before 1 June 2018, and when the offer is being rewarded, its cooling-off period (within 21 days of the effective date of the contract of Essential, Excel, Excel Plus and Global Supreme, or within 28 days of the effective date of the contract of Global Infinite) stated in the policy provision is over and the policy must be still in force. Please refer to the promotion leaflet/ flyer and contract for the detailed coverage, exact terms and conditions and exclusions of the relevant health Insurance Schemes. 17. Wealth Management Product New Year Privileges: The promotion period is from 1 January 2018 to 28 February Prestige Banking customers who have subscripted for and/or switching to any investment funds distributed by the Bank (except for 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) through general subscription, Advanced Switching Service # and/or the General Fund Switching Service, subscription for equity linked structured products or purchase of market bonds (include secondary market or successful allocation of new issue bonds, and exclude Exchange Fund Note issued by HKSAR, Silver Bond, I-bond, and MoF) and 3 rd party Certificate of Deposit through any channels of the Bank during Promotion Period. With Accumulated Investment Amount reaching HK$1,000,000 to less than HK$5,000,000 HK$5,000,000 or above Privileges Wealth & Fortune Glass Ornament Wealth & Fortune Gold Foil Painting Terms and conditions apply. For details, please refer to the relevant promotion leaflet, or visit hangseng.com/wealthfocus, or approach our branch staff. # For details of the Advanced Switching Service, please refer to hangseng.com/fundsupermart or contact our staff.

8 18. Prestige World Mastercard Offer: (b) To be entitled to $600 Cash Dollars, Eligible Customers are required to accumulate transaction amount of HK$10,000 or more within 60 days from the date of new card issue. Eligible Customers can enjoy extra $200 Cash Dollars offer via designated application channels. The welcome rewards are only applicable to Principal Card customers without holding any Hang Seng Prestige World Mastercard currently and/ or in the past 12 months. Terms and conditions apply to the relevant offers. For details, please visit hangseng.com/psewmc or contact our branch staff for enquiries. 19. Payroll Service Offer: (b) Set up new payroll service to enjoy up to $2,000 Cash Dollars. Terms and conditions apply. For details, please approach our branch staff for enquiries or visit hangseng.com/payroll. 20. Investment Fund Offer: (b) (c) (d) (e) Eligible Customers can enjoy the Net 1% fund subscription fee offer for their first successful subscription of open-ended fund distributed by the Bank via any of our branches from the date of the newly opening / upgrading to a Prestige Banking to the following calendar month ( Fund Subscription Fee Offer Period ). Please contact our staff for details of the open-ended funds which are covered by this fund subscription fee offer. This offer does not apply to any investment fund subscription applications which are received after the cut-off time of the relevant funds on the last day of the relevant Fund Subscription Fee Offer Period and such subscription applications will be processed on the next dealing day. Please note that different cut-off times may apply to subscription applications for different funds and/or subscription applications for the same fund through different channels. Customers are advised to contact our staff to enquire about the cut-off time for the relevant subscription applications. This offer does not apply to fund subscriptions pursuant to any Hang Seng Monthly Investment Plan for Funds, fund subscriptions via ipower Account (under the account number suffix of 384), fund units with no subscription fees, money market funds, and other funds/ fund transactions as specified by the Bank from time to time. This offer is applicable for transactions via branch channel only. Unless otherwise specified, this offer cannot be used in conjunction with other investment funds related offer(s) of the Bank. 21. Securities Offer: (b) The promotion period of this offer is from 2 January 2018 to 28 February Terms and conditions apply. For details, please contact our branch staff, refer to the relevant promotion leaflet, or visit hangseng.com/stockoffer.

9 22. Life Insurance Offer: (b) (c) (d) Eligible Customers who successfully enroll in designated Life s during the period from 1 January 2018 to 31 March 2018 with the annualized premium reaching certain amount can enjoy up to 5% annual premium waiver in the first policy year. Terms and conditions apply. For details, please contact our branch staff or refer to relevant flyer. The Life s mentioned in this leaflet are underwritten by Hang Seng Insurance Company Limited ( Hang Seng Insurance ) which is authorized and regulated by the Insurance Authority of the HKSAR. The Bank is an insurance agent authorized by Hang Seng Insurance. The Bank is an insurance agent authorized by Hang Seng Insurance and the insurance products are products of Hang Seng Insurance Company Limited but not the Bank. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and you out of the selling process or processing of the related insurance product transaction, the Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the insurance products should be resolved between Hang Seng Insurance and you directly. (e) The above information is intended as a general summary of information and is for reference only. Please refer to the actual policy for the exact contents, terms, conditions and exclusions of the relevant plans. Risk Disclosure Risk Disclosure of Investment Funds Investors should note that 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 Securities Investment involves risks and the prices of securities may go up or down and may even become valueless. Investors should read the relevant Risk Disclosure Statement and relevant documents before making any investment decision.

10 Risk Disclosure of Life s The above information is intended as a general summary of information for reference only. Please refer to respective brochure of the respective plans for detailed coverage, exclusions, terms and conditions which may vary from one policy to another and from time to time.the above Life s are underwritten by Hang Seng Insurance Company Limited ("Hang Seng Insurance"). The underwriter is authorized and regulated by the Commissioner of Insurance of the HKSAR. The Bank is an insurance agent authorized by Hang Seng Insurance and the insurance products are products of Hang Seng Insurance but not the Bank. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and you out of the selling process or processing of the related insurance product transaction, the Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the insurance products should be resolved between Hang Seng Insurance and you directly. Risk Disclosure of Health Insurance Schemes The above information is a product summary of information for reference only. Please refer to the promotion leaflet / flyer and contract for the detailed coverage, exact terms and conditions and exclusions of the relevant health Insurance Schemes. The relevant schemes are underwritten by Bupa (Asia) Limited ("Bupa") which is authorized and regulated by the Insurance Authority in Hong Kong. The Bank is an insurance agent authorised by Bupa for the exclusive distribution of the above schemes. Subscription will be payable to Bupa upon enrolment of Relevant Schemes. Bupa would provide Hang Seng Bank the relevant commission and performance bonus in accordance to the selling of Relevant Schemes. The existing sales staff remuneration policy offered by the Bank would take into account various aspects of the staff performance but not solely on the sales amount. In respect of an eligible dispute arising between the Bank and the customer out of the selling process or processing of the related transaction, the Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer; however any dispute over the contractual terms or performance (claims and service) of the product should be resolved directly between Bupa and the customer. PPL740-R51 (12/2017) (LT)