CIMB PREFERRED AND PRIME BANKING WEALTH MANAGEMENT PRODUCTS CAMPAIGN TERMS AND CONDITIONS

Transcription

1 CIMB PREFERRED AND PRIME BANKING WEALTH MANAGEMENT PRODUCTS CAMPAIGN Campaign Period TERMS AND CONDITIONS. The Wealth Management Products Campaign ( Campaign ) is organized by CIMB Bank Berhad ("the Bank") and shall be from May 204 to 3 July 204, both dates inclusive ("the Campaign Period"). 2. The Bank reserves the right upon giving notification to change the duration and/or the commencement and/or expiry dates of the Campaign Period. Eligibility 3. This Campaign is open to CIMB Preferred and Prime Banking customers only, subject to the terms and conditions contained herein (hereinafter referred to as Eligible Participant(s). 4. The following individuals/entities shall NOT be eligible to participate in this Campaign: a. Sole-proprietorships, Partnerships, Charitable/Non-profit Organizations/Societies, Corporate and Commercial Customers; and/or b. Permanent and/or contract employees of the Bank (including its subsidiaries and/or related companies) and/or their immediate family members (i.e. spouses, children, parents, brothers and sisters); and/or c. Representatives and/or agents (including advertising and promotion agents and technology vendors) of the Bank and their immediate family members (i.e. spouses, children, parents, brothers and sisters); and/or d. Individuals below the age of 8 years. 5. In relation to joint accounts, only the first named account holder i.e. the primary account holder shall be eligible to participate in the Campaign ( Primary Accountholder ). For the purpose of this Campaign, joint accountholders will be treated as one () accountholder. Participation Criteria Qualifying Entries 6. i. To participate in this Campaign, the Eligible Participant(s) must first earn the qualifying entries via Wealth Management Product take-up during the Campaign Period. The Wealth Management Products that the Eligible Participant(s) may take up during the Campaign Period are as listed in Table below:- Table Products Type Wealth Management Products Criteria Gold Investment Account Minimum new investment of 50grams 2 Unit Trust (Participating Equity Funds only)* Minimum new investment of RM5,000 3 Private Retirement Scheme Minimum new investment of RM,000 4 Bancassurance (Sun Saveassured/SunLink/Bijak Malaysia only) Minimum new premium of RM,000 per year

2 * The Participating Equity Unit Trust Funds shall be determined by the Bank at its sole and absolute discretion. The list of Participating Equity Unit Trust Funds are from these fund houses: CIMB Principal Asset Management Berhad (CPAM), Hwang Investment Management Berhad (Hwang), RHB Asset Management Sdn Bhd (RHBOSK) and Amanah Saham Nasional Berhad (ASNB); and is subject to change from time to time by the Bank at its absolute discretion upon giving notififcation. ii. Qualifying entries are only awarded in respect of one Wealth Management Product taken up from each of the Product Type stated in Table. iii. The number of qualifying entries that the Eligible Participant(s) can obtain by taking up the Wealth Management Products (as per Table ) during the Campaign Period are as shown in Table 2 as follows:- Table 2 Wealth Management Product taken up No. of Qualifying Entries 2 2 (comprising of 2 different or distinct Product Type) 3 (comprising of 3 different or distinct Product Type) 4 (comprising of 4 different or distinct Product Type) iv. The Eligible Participant(s) must take up the Wealth Management Products from each Product Type in a single transaction during the Campaign Period and shall not include any accumulated/combination of multiple transactions from any one or more Product Types and irrespective of whether these are new or existing products. v. Any cancellation of any Wealth Management Products in Table within the period stipulated in the respective Wealth Management Product s prospectus will disqualify the Eligible Participant(s) from participating in this Campaign. Additional Qualifying Entries 7. i. Where the Eligible Participant(s) who have invested in the Product Type (as per Table ) within the Campaign Period, deposits fresh funds in the New/Existing Prime Current Account or CIMB Preferred Current Account with the following minimum deposits, the qualifying entries that shall be awarded will be increased and revised as follows:-- Table 3 No Deposit Products Criteria Revised Qualifying Entries Prime / CIMB Preferred Current Account 2 Prime/ CIMB Preferred Current Account Minimum fresh funds amount of RM5,000 to RM9,999 Minimum fresh funds amount of RM0,000 and above No. of Qualifying Entries (shown in Table 2) X 2 No. of Qualifying Entries (shown in Table 2) X 5 ii. The term fresh funds referred to herein shall mean monies or funds howsoever transferred, credited or paid into the account(s) of the Eligible Participant(s) from other bank(s) and/or financial institution(s) through whatever means including but not limited to Inter Bank Giro transfers and collection and payment of cheques drawn on such other bank(s). The monies or funds paid or credited into the account(s) of the Eligible Participant(s) must be utilized by the Eligible Participant(s) to make new deposit in his/her savings or current account with the Bank 2

3 Prizes Wealth Management Products Campaign Terms And Conditions within 7 calendar days after such monies or funds have been paid or credited into the account(s) of the Eligible Participant(s). Deposits that are made by way of cheques are subject to clearance and will only be considered as deposits in the current account by the Eligible Participant(s) after the cheques are paid or cleared. iii. An example as to how the total number of qualifying entries are calculated during the Campaign Period are as follows: - If the Eligible Participant(s) takes up one () Wealth Management Product (as per Table ), the Eligible Participant will earn two (2) qualifying entries to participate in this Campaign. If the Eligible Participant takes up one () Wealth Management Product AND deposits fresh funds of RM5,000 in the Prime or Preferred Current Account, the Eligible Participant will earn a total of four (4) qualifying entries (2 qualifying entries x 2) to participate in this Campaign. iv. The maximum qualifying entries that can be obtained in pursuance to the conditions herein is 00 qualifying entries per Eligible Participant during the Campaign Period. 8. i. The prizes for this Campaign are as follows:- Category Grand Prize st Prize 2 nd Prize 3 rd Prize Monthly Prizes Prime Banking customer Prizes Total No. of Winners worth RM50,000 worth RM20,000 worth RM0,000 worth RM5,000 Samsung Galaxy S5 worth RM2,399 5 (5 prizes per month) CIMB Preferred customer Total No. of Prizes Winners worth RM80,000 worth RM30,000 worth RM20,000 worth RM0,000 5 Samsung Galaxy S5 worth RM2,399 (5 prizes per month) (the Grand Prize, st Prize, 2 nd Prize, 3 rd Prize and Monthly Prize stated above are hereinafter collectively referred to as the Prizes ). ii. An Eligible Participant is entitled to win one () Prize only (ranging from the Grand Prize to Monthly Prizes) for this Campaign. iii. Images of any Prizes shown in any marketing and advertisement collateral are for visual purposes only and the images and colours of the prizes may vary from the actual prize received. The Winners shall be responsible for any costs whatsoever incurred in connection with the Prizes. iv. The Winners must accept the Prize(s) as it is and must acknowledge that the Bank accepts no responsibility for any variation in the value of the Prize(s). v. To the fullest extent permitted by law, the Bank expressly excludes and disclaim any representations, warranties, or endorsements, express or implied, written or oral, including but not limited to, any warranty of quality, merchantability or fitness for a particular purpose in respect of the Prizes. 3

4 Selection of Winners 9. The Eligible Participant(s) who have obtained qualifying entries (subject to the conditions herein) in accordance to Clause 6 and Clause 7will be shortlisted on a random basis by an automated selection system from the pool of qualifying entries to be entitled to winthe Prizes as per Clause The selection of winners for the prizes will be in the following order:- i. Grand Prize, First Prize, Second Prize and Third Prize At the end of the Campaign Period, the Bank will randomly select Eligible Participant(s) from Prime Banking who have taken up the Wealth Management Products and earned qualifying entries during the Campaign Period (the selected Participants). The selected Participants will then be contacted by telephone to answer one () question that will be selected by the Bank. The first four (4) Eligible Participant(s) from Prime Banking who answers the question correctly shall be declared the winner for Grand Prize, First Prize, Second Prize and Third Prize respectively (as per Clause 8). The mode and manner for selection of winners for the above will apply to Eligible Participants from CIMB Preferred Banking. ii. Monthly Prizes At the end of the Campaign Period, the Bank will randomly select the Eligible Participant(s) from Prime Banking who have taken up Wealth Management Products and earned qualifying entries in the month of May, 204 (the selected Participants) and the selected Partcipants will be contacted by telephone to answer one () question that will be selected by the Bank. The first five (5) selected Eligible Participant(s) from Prime Banking who answer the question correctly shall be declared the winners for monthly prizes for the month of May, 204 (as per Clause 8) at the end of Campaign Period. The same mode and manner of selection of winners for the above will apply for the selection of montly prizes winners from CIMB Preferred for the month of May, 204. The mode and manner of selection of monthly prize winners for the month of May, 204 will also apply for the month of June, 204 and July, All questions and answer sessions will be judged and decided by a panel of judges elected by the Bank and the decision of the panel of judges selected by the Bank shall be final and binding. 2. The Bank has the sole discretion, to fix the appointed date and time to make the telephone calls to the shortlisted Eligible Participant(s). The Bank shall not be held responsible for calls made to Eligible Participant(s) which are (i) not completed or disconnected due to any reasons whatsoever (ii) not answered or proceeded with due to the unavailability of shortlisted Eligible Participant(s) at the appointed date and time and/or due to any other whatsoever reasons. 3. The telephone call(s) made to the shortlisted Eligible Participant(s) will be based on the telephone number(s) supplied by the Eligible Participant(s) and maintained in the Bank's records. It shall be the Eligible Participant(s)' responsibility to ensure that their phone numbers provided are current and updated with the Bank in the event of any changes being made to the same by the Eligible Participant(s). 4. The Bank reserves the right to record these telephone conversations and use them for any promotional activities of the Bank without any prior notice and payment to the Eligible Participant(s). 5. The Bank shall not be responsible to the shortlisted Eligible Participant(s) for any loss (including loss of opportunity and consequential loss flowing there from) and/or any damage suffered in the event the Eligible Participant s telephone number in the bank s record is not current or 4

5 correct or where the Bank is unable to contact or complete the call to the shortlisted Eligible Participant(s) for any reason whatsoever or if any of the prizes are confiscated or forfeited from the selected Eligible Participant(s) for any reason whatsoever. 6. The shortlisted Eligible Participant(s) who have already won one () Monthly Prize will not be eligible to participate for the remaining Prizes. 7. The Eligible Participant(s) expressly agree and authorise the Bank to forward the Winners' details (name, IC, telephone number, address) to the distributor/agent who would then contact the Winners regarding their Prizes. The Winners shall be responsible to make the necessary arrangements with the Bank and/or its distributor/agent for the delivery and/or collection of the Prizes. All taxes, charges and incidental costs in this regard shall be borne by the Winners. 8. The Winners are not allowed to transfer or sell his/her right to the Prizes to any other person. 9. The Bank will give away the Prizes to the Winners within six (6) to eight (8) weeks after the end of the Campaign Period. General 20. At the time of the Bank selecting the Eligible Participant(s) to participate in this Campaign, the customer must be a CIMB Preferred or Prime Banking customer. 2. By participating in this Campaign, all the Eligible Participant(s) are deemed to have read, understood and agreed to be bound by these Terms and Conditions stated herein and any decisions made by the Bank. 22. In the event Eligible Participant(s) exercise their cooling-off right, or the investment is rejected or cancelled by any parties for whatsoever reason, the Eligible Participant(s) shall not be entitled to the qualifying entries. 23. The Bank s decision on all matters relating to this Campaign, including the entitlement to the Monthly Prizes/ First Prize/ Second Prize/ Third Prize/ Grand Prize and the determination of the Winners, is final, binding and conclusive. 24. The Bank reserves the right, upon giving notification to substitute any of the Prizes with other item(s) of similar value. The Prizes are not exchangeable for cash or credit of any kind. The Prizes under the Campaign do not include any accessories or items shown in any advertisements and/or promotional materials which are for photography purposes only. 25. In no event will the Bank be liable for any loss or damages (including, without limitation, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party, including third parties) howsoever arising, whether in contract, tort, negligence or otherwise, in connection with this Campaign, even if the Bank has been advised of the possibility of such damages in advance, and all such damages are expressly excluded. 26. The Winners shall be responsible to pay any tax, incidental cost and/or any other charges relating to the Prizes unless stated otherwise. The Bank shall not be held liable for any tax, incidental cost, charges and/or damage caused by any of the prizes and/or non-fulfilment of any of its agents/distributors. 27. The Eligible Participant(s) is required to sign all relevant standard documents and comply with all terms and conditions in respect of his/her investment in the relevant products under this Campaign, which are separate from these terms and conditions. 28. The Bank reserves the right to cancel, terminate or suspend this Campaign upon giving notification. For the avoidance of doubt, cancellation, termination or suspension by the Bank of this Campaign shall not entitle any of the Eligible Participant(s) to any claim or compensation 5

6 against the Bank for any losses or damages suffered or incurred by the Eligible Participant(s) as a direct or indirect result of the act of cancellation, termination or suspension. 29. The Bank shall be entitled to vary, delete or add to any of these Terms and Conditions or any part thereof and/or substitute or replace the Prizes offered under this Campaign and/or to extend, modify, shorten, discontinue, cancel, terminate or suspend this Campaign by giving notification to the Eligible Participant(s). No compensation in cash or any kind shall be given to the Eligible Participant(s) for any losses or damages suffered or incurred by the Eligible Participant(s) as a direct or an indirect result of such variation, deletion, addition or alteration of these Terms and Conditions and/or the extension, modification, cancellation, suspension or termination of this Campaign. 30. These Terms and Conditions, as the same may be amended from time to time pursuant to Clause 29, shall prevail over any provisions or representations contained in any other promotional materials advertising this Campaign. 3. If there is any inconsistency, conflict, ambiguity or discrepancy between the Bahasa Malaysia and English version or other language version of these terms and conditions, the English version of these terms and conditions shall prevail. Notwithstanding the aforementioned where request had been made by the Eligible Participant(s) and noted and acknowledged by the Bank in its records that the Bahasa Malaysia version of the terms and conditions shall govern the operation of the Campaign then the Bahasa Malaysia version of the terms and conditions herein shall prevail. 32. For feedback and/or complaints related to the Campaign, Eligible Participant(s) may contact the Bank s Customer Resolution Department bearing the following address, address, telephone, facsimile numbers (or bearing such other address, address, telephone and facsimile numbers which the Bank may change by notification to the Eligible Participant(s)): Customer Resolution Unit, 9th Floor, Menara Bumiputera-Commerce,, Jalan Raja Laut, Kuala Lumpur. Call Centre No: , Fax No: , cru@cimb.com. 6