Staff of Hong Kong Polytechnic University Enjoy up to HK$3,000 BOC Credit Card free spending credit upon new registration for Payroll Service During the promotion period, customers can enjoy the following fabulous rewards upon registration for BOCHK Payroll Service and taking up of designated products / services at designated branches^: Offer 1: Payroll Service Rewards 1 Customers who receive salary via Payroll Account upon registration for the Payroll Service can enjoy up to HK$3,000 BOC Credit Card free spending credit 5 ( Free Spending Credit ) upon new registration for BOCHK Payroll Service. Monthly Salary Free Spending Credit Wealth Management customers Enrich Banking customers i-free Banking customers HK$60,000 or above HK$3,000 HK$1,500 HK$20,000 HK$59,999 HK$1,500 HK$900 HK$10,000 HK$19,999 HK$1,100 HK$600 HK$600 Offer 2: Payment Service Reward 2 Customers who newly set up a Direct Debit Authorization ( DDA ) Instruction with payment transaction can enjoy HK$100 Free Spending Credit Offer 3: Securities Service Rewards Customers who newly open a Securities Account with buying transaction can enjoy first 3-month brokerage fee as low as HK$0 for buying Hong Kong stocks and Shanghai A shares 3 and HK$100 Free Spending Credit 4 Exclusive Privileges Deposit advantages Time Deposit 6 Club Deposit 7 Loan advantages Mortgage Loan 8 Preferential HKD time deposit annual interest rate BOCHK s best-rate offer for HKD/RMB Monthly Savings Plan Exclusively enjoy preferential offer for Mortgage Loan Banking advantages Integrated Welcome Offers Banking Service First 12- month waiver on the requirement of "Total Relationship Balance" 9 Wealth Management Enrich Banking i-free Banking First 12- month waiver on the requirement of "Total Relationship Balance" 10 First 12- month waiver on the requirement of "Total Relationship Balance" 11 BOC Credit Card 12 Welcome Offers (Welcome Gift for Credit Card Application: $50 cash coupon) Wealth Management Enrich Banking i-free Banking HK$500 BOC Credit Card free spending credit upon successful application for Wealth Management Visa Infinite Card Perpetual Annual Fee waiver Airport Lounge Principal Card: Free Access to over 700 Airport Lounge with Unlimited Free Access Additional Card: Whenever the annual cumulative spending of a BOC Visa Infinite Card / Wealth Management Visa Infinite main card reaches HK$400 BOC Credit Card free spending credit upon successful application for Enrich Banking World MasterCard Perpetual Annual Fee waiver BOC Credit Card free spending credit upon successful application for BOC i-card Perpetual Annual Fee waiver
HK$120,000 or above, all additional cards under the same main card will be entitled to share the use of 10 free visits for the premium airport lounge in the year that follows. ^ Designated BOCHK Branches: Tsim Sha Tsui East Branch - Shop 3,LG/F,Hilton Towers,96 Granville Road,Tsim Sha Tsui East, Kowloon Tel :(852) 2739 0308 Terms of the promotion offers: 1. Payroll Service Rewards The promotion period is from 1 February 2016 to 31 March 2016 (both dates inclusive) ( Payroll Service Promotion Period ). To be eligible for BOC Credit Card free spending credit ( Free Spending Credit ), customers are required to meet all of the following requirements during Payroll Service Promotion Period ( Eligible Customers of Payroll Service ): (i) should maintain a valid HKD Savings Account or HKD Current Account (including sole-name or joint-name accounts) ( Payroll Account ) with BOCHK; AND (ii) register for Payroll Service via any branch, Phone Banking or Internet Banking of the Bank during the Payroll Service Promotion Period; AND (iii) start receiving salary by electronic payroll arrangement or single standing instruction (not including the standing instruction originating from the Bank, Nanyang Commercial Bank and Chiyu Banking Corporation Limited) via Payroll Account within the next 2 calendar months from the date of payroll service registration, and maintain this arrangement until Free Spending Credit is credited by BOC Credit Card (International) Limited (the Card Company ); AND (iv) have not registered for and/or taken up BOCHK s Payroll Service from 1 October 2015 to 31 December 2015 Details of Payroll Service Rewards are as follows: (A) Welcome Reward The amount of 1st Phase Free Spending Credit received by the Eligible Customers of Payroll Service will be determined by the amount of first monthly salary received through the Payroll Account and the categories of customers (Wealth Management / Enrich Banking / i-free Banking). For details, please refer to following table. Free Spending Credit Monthly Salary Wealth Management Enrich Banking i-free Banking Customers customer customers HK$60,000 or above HK$1,500 HK$1,200 HK$20,000 HK$59,999 HK$1,200 HK$600 HK$10,000 HK$19,999 HK$800 HK$30 1st Phase Free Spending Credit will be credited to the valid BOC Credit Card Accounts held by the Eligible Customers of Payroll Service on or before the following dates. Registration Period for Payroll Service Date of crediting the Free Spending Credit 1 January 2016 to 31 March 2016 30 November 2016 (B) Extra Payroll Loyalty Reward To enjoy 2nd Phase Free Spending Credit, Eligible Customers of Payroll Service should receive salary through the Treasury credited to the Payroll Account by electronic payroll arrangement from the first payroll month and maintain this arrangement until Free Spending Credit is credited by the Card Company, and still holding the Integrated Banking Service (Wealth Management / Enrich Banking / i-free Banking). For details, please refer to following table. Free Spending Credit
Monthly Salary Wealth Enrich Banking i-free Banking Management customer customers HK$60,000 or above HK$1,500 HK$20,000 HK$59,999 HK$10,000 HK$19,999 2nd Phase Free Spending Credit will be credited to the valid BOC Credit Card Accounts held by the Eligible Customers of Payroll Service on or before the following dates. Registration Period for Payroll Service Date of crediting the Free Spending Credit 1 January 2016 to 31 March 2016 31 July 2017 Salary refers to the basic monthly salary (excluding commission, bonus, double pay, repayment and/ or other funds) of which the amount should reach HK$10,000 or above. Electronic payroll arrangement refers to the Treasury crediting the customer s salary to customer s Payroll Account through BOCHK s or other banks payroll system. Standing instruction, overseas remittance, local electronic transfer, cheque or cash deposit will not be considered as electronic payroll arrangement. BOCHK reserves the absolute right to define the terms of salary and electronic payroll arrangement. Each Eligible Customer of Payroll Service can enjoy this offer once only. If an Eligible Customer of Payroll Service registers for more than one Payroll Account within the Payroll Service Promotion Period, the Eligible Customer of Payroll Service can only enjoy the offer once. Each Eligible Customer of Payroll Service should still receive salary through the Payroll Account when the Free Spending Credit is credited. Otherwise, the offer will be forfeited. If the Payroll Account is a joint account, the holders of such account will be considered as one customer and only one of the account holders will be entitled to this offer. If an Eligible Customer of Payroll Service does not maintain any valid BOC Credit Card when the Free Spending Credit is credited by the Card Company, BOCHK will credit cash of equivalent value to the his/her non-dormant HKD Savings Account or HKD Current Account without prior notice. 2. Payment Service Reward Eligible Customers of Payroll Service shall meet the following requirements to enjoy Payment Service Reward( Eligible Customers of DDA Instruction ): (i) set up the Direct Debit Authorisation ( DDA ) instruction(s) with Savings or Current Account of BOCHK during the Payroll Service Promotion Period (including but not limited to payments for utility bills, payment for BOC Credit Card or other merchants bills); AND (ii) conduct at least one transaction under such DDA instruction by 31 Aug 2016; AND (iii) not have any DDA instruction set up before 31 December 2015. HK$100 Free Spending Credit will be credited to the valid BOC Credit Card Accounts held by the Eligible Customers of DDA Instruction on or before 30 November 2016. If the Eligible Customer of DDA Instruction sets up DDA instruction(s) under a joint account, the holders of such account will be considered as one customer and only one of the account holders will be entitled to this offer. If Payroll Service is registered under joint-name, the DDA instructions should be under the same joint-name Savings or Current Account. The set up dates/ transaction dates of the DDA instructions shall be based on BOCHK s record. 3. Securities Service Rewards First 3-Month Brokerage Fee Waiver for Buying Securities Customers who (i) successfully open new sole-name / joint-name securities accounts (including Securities Margin Trading Account but excluding Family Securities Accounts) ( New Securities Accounts ) with BOCHK during the Payroll Service Promotion Period; (ii) take up payroll service and the Integrated Account Service on or before 30 April 2016; and (iii) do not have any securities account with BOCHK within 6 months preceding the date of New Securities Accounts opening ( Eligible Customers of New Securities ). Take up Payroll Service: During the past 3 months, customers have received salary by electronic payroll arrangement via a valid HKD Savings/ Current Account with BOCHK upon payroll service registration. BOCHK reserves the absolute right to define the
terms of Take up Payroll Service. Eligible Customers of New Securities should conduct buying transactions of securities listed on the Hong Kong Exchange and Clearing Limited ( HKEx ) and settled in HKD or RMB (exclude Monthly Stocks Savings Plan and IPO subscription) or securities listed on Shanghai Stock Exchange ( SSE ) via Internet Banking, Mobile Banking or Automated Stock Trading Hotline of BOCHK through the New Securities Accounts within the first 3 months starting from the date of New Securities Accounts opening (3-month period is calculated on the basis of 90 days with the 90th day, Saturdays, Sundays and public holidays included). Eligible Customers of New Securities should pay the brokerage fee of buying transactions first. The brokerage fee waiver ( Brokerage Fee Waiver ) will be credited to the settlement accounts of Eligible Customers of New Securities on or before 31 August 2106. If an Eligible Customer of New Securities holds more than one settlement account, BOCHK has the discretion to credit the Brokerage Fee Waiver to any one of the settlement accounts. The brokerage fee settled in RMB will be converted into HKD at the exchange rate determined by BOCHK. If an Eligible Customer of New Securities is an i-free Banking customer, the total amount of Brokerage Fee Waiver is capped at HK$2,000. If an Eligible Customer of New Securities is an Enrich Banking customer, the total amount of Brokerage Fee Waiver is capped at HK$6,000. If an Eligible Customer of New Securities is a Wealth Management customer, the total amount of Brokerage Fee Waiver is capped at HK$12,000. All subsequent transactions will be subject to standard brokerage fees. For details, please refer to securities service charge table. Each Eligible Customer of New Securities can enjoy this offer once only regardless of number of New Securities Accounts opened during the Securities Account Promotion Period. Holders of joint-name securities accounts will be considered as one Eligible Customer of New Securities and can enjoy the offer once. Other transaction fees still apply, including but not limited to transaction charge, Hong Kong stamp duty, transaction levy charged by the Securities and Futures Commission of Hong Kong, trading fee charged by HKEx, stamp duty charged by the State Administration of Taxation, securities management fee charged by China Securities Regulatory Commission, handling fee charged by SSE and transfer fee charged by China Securities Depository and Clearing Corporation Limited. Eligible Customers of New Securities should maintain valid New Securities Accounts, relevant settlement accounts and Payroll Service at the time when the Securities Service Rewards is credited, otherwise the Securities Service Rewards will be forfeited. 4. Securities Service Rewards HK$100 Free Spending Credit Eligible Customers of Payroll Service shall fulfill the requirements of Securities Service Rewards First 3-Month Brokerage Fee Waiver for Buying Securities from above to enjoy an extra HK$100 Free Spending Credit. Free Spending Credit will be credited to the valid BOC Credit Card Accounts held by the Eligible Customers of Payroll Service on or before 30 November 2016. If Payroll Service is registered under joint-name, the securities account should be opened under the same joint-name. 5 BOC Credit Card Free Spending Credit Free Spending Credit is meant exclusively for retail purchase and cannot be used for cash advance, settlement of financial charge or any previous outstanding balance accrued before the Free Spending Credit is credited. Free Spending Credit cannot be converted into cash or exchanged for other gifts and is also not refundable and transferrable. If an Eligible Customer of Payroll Service holds more than one BOC Credit Card, the Free Spending Credit will be credited to the highest tier BOC Credit Card Account (the credit card tier in descending order is Visa Infinite Card, CUP Dual Currency Diamond Card, World Master Card, Visa Signature Card, Platinum Card, Titanium Card, Gold Card and Classic Card). The status of the credit card accounts held by the Eligible Customers of Payroll Service should be normal, valid and in good standing, and such accounts should not have overdue/bad records, nor have they been cancelled/terminated for any reason, and the Eligible Customers of Payroll Service should not have breached the Card User Agreement when the Free Spending Credit is credited by the Card Company. If the Eligible Customers of Payroll Service cannot fulfill the above requirements, BOCHK and the Card Company reserve the right to forfeit the relevant offer without prior notice. 6. Preferential HKD Time Deposit Interest Rate Offer is subject to the relevant terms. For details, please contact our branch staff. 7. BOCHKs best-rate offer for HKD/RMB Monthly Savings Plan is subject to the relevant terms. For details, please contact our branch staff. 8. Preferential offer for mortgage loan is subject to the relevant terms. For details, please contact our branch staff.
9. First 12- month waiver on the requirement of "Total Relationship Balance" for Wealth Management To enjoy this offer, customers should register for Payroll service and take up / upgrade their existing accounts to Wealth Management service at branches of BOCHK during the Payroll Service Promotion Period with salary payment of HK$60,000 or above and with valid salary proof provided (the latest 3 months). Starting from the beginning of the 13 th month after joining the service, the Wealth Management service fee (currently HK$280 per month) will be levied if the Total Relationship Balance of the customer falls below the designated amount (currently HK$1,000,000). The service fee will be subject to change by BOCHK from time to time. For details, please contact our branch staff. 10. First 12- month waiver on the requirement of "Total Relationship Balance" for Enrich Banking To enjoy this offer, customers should register for Payroll service and take up / upgrade their existing accounts to Enrich Banking service at branches of BOCHK during the Payroll Service Promotion Period with salary payment of HK$20,000 or above and with valid salary proof provided (the latest 3 months). Starting from the beginning of the 13 th month after joining the service, the Enrich Banking service fee (currently HK$120 per month) will be levied if the Total Relationship Balance of the customer falls below the designated amount (currently HK$200,000). The service fee will be subject to change by BOCHK from time to time. For details, please contact our branch staff. 11. First 12- month waiver on the requirement of "Total Relationship Balance" for i-free Banking To enjoy this offer, customers should take up / upgrade their existing accounts to i-free Banking service at branches of BOCHK during the Payroll Service Promotion Period. Starting from the beginning of the 13 th month after joining the service, the i-free Banking service fee (currently HK$60 per month) will be levied if the Total Relationship Balance of the customer falls below the designated amount (currently HK$10,000). The service fee will be subject to change by BOCHK from time to time. For details, please contact our branch staff. 12. BOC Credit Card Welcome Offer The promotion period is from 1 February 2016 to 31 March 2016 (both dates inclusive) ( Credit Card Promotion Period ). To be eligible for this welcome offer, customers should successfully apply for the relevant credit cards by completing designated credit card application forms at branches of BOCHK during the Credit Card Promotion Period. Credit card services and offers are subject to the relevant terms. For details, please refer to the relevant application forms or contact our branch staff. General Terms: The above offers are only applicable to personal banking customers. The above offers cannot be used in conjunction with other promotion offers that are not listed in this promotion material. The above products, services and offers are subject to the relevant terms. For details, please contact the staff of The Bank. The Bank reserves the right to amend, suspend or terminate the above products, services and offers and to amend the relevant terms at any time at their sole discretion without prior notice. In case of any dispute, the decision of The Bank shall be final. Should there be any discrepancy between the Chinese and English versions of this promotion material, the Chinese version shall prevail. The above offers are not applicable to the staff of The Bank and its subsidiaries. Risk Disclosure: The following risk disclosure statements cannot disclose all the risks involved. You should undertake your own research and study before your trade or invest. You should carefully consider whether trading or investment is suitable in light of your own financial position and investment objective. You are advised to seek independent financial and professional advice before you trade or invest. You should seek independent professional advice if you are uncertain of or have not understood any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment. 1. Risk Disclosure of Securities Trading: Risk of Securities Trading 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. Risk of Securities Margin Trading The risk of loss in financing a transaction by deposit of collateral is significant. You may sustain losses in excess of your cash and any other assets deposited as collateral with the licensed or registered person. Market conditions may make it impossible to execute contingent orders, such as "stop-loss" or "stop-limit" orders. You may be called upon at short notice to make additional margin or interest
payments. If the required margin or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. You should therefore carefully consider whether such a financing arrangement is suitable in light of your own financial position and investment objectives. 2. Risks of trading of listed RMB products: Investment / Market Risk Like any investments, RMB equity products are subject to investment risk. The price of the RMB equity products in the secondary market may move up or down. Losses may incur as a result of investing in the products even if the RMB appreciates against HKD or other currencies. Currency Risk If you are a non-mainland investor who holds a local currency other than RMB, you will be exposed to currency risk if you invest in RMB equity products. You will incur currency conversion costs, being the spread between buying and selling of RMB, at the time of conversion between your local currency and RMB for the purchase or sale of an RMB equity product. Even if the price of the RMB equity products you are holding remains unchanged, you may not receive the same amount of HKD when you sell the products due to the spread between buying and selling of RMB. RMB is a restricted currency and is subject to foreign exchange controls. Although the Central Government of the PRC has relaxed the restrictions by allowing banks in Hong Kong to conduct RMB business in a specified scope, RMB is still not freely convertible in Hong Kong. You may not be able to convert RMB at your preferred time and/or in your preferred amount or conversion cannot be made, which may lead to investment losses. The policies of the Central Government of the PRC on foreign exchange control are subject to change, and your investment may be adversely affected. Exchange Rate Risk RMB equity products that are traded and settled in RMB are exposed to exchange rate risk. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. Moreover there is no guarantee that RMB will not depreciate. Any devaluation of RMB could adversely affect the value of your investment in the RMB equity products. RMB equity products are not an investment instrument for speculating on RMB/HKD exchange rate movements. Default Risk & Credit Risk In general, RMB equity products are exposed to the usual kind of default risks that might be associated with equity products denominated in other currencies. The performance of RMB equity products is affected by the underlying business performance and a variety of other factors in connection with the issuers, and is subject to the credit risks associated with the special profile or special business strategy that the issuers may have. Emerging Market Risk RMB equity products associating with the market of the Mainland of China are particularly subject to risks that may arise from the relevant market/industry/sector and other factors such as change in government policies, taxation and political development in the Mainland. RMB Conversion Limitation Risk RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of The Banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance. 3. Risk of trading A shares via Shanghai-Hong Kong Stock Connect: Not protected by Investor Compensation Fund Investors should note that any Northbound trading under Shanghai-Hong Kong Stock Connect will not be covered by Hong Kong s Investor Compensation Fund. Also, China Securities Investor Protection Fund will not protect any Northbound trading as well. Quotas used up When the respective aggregate quota balance for Northbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. Trading day difference As mentioned above, Shanghai-Hong Kong Stock Connect 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. So it is possible that there are occasions when it is a normal trading day for the Mainland market but Hong Kong investors cannot carry out any A shares trading. Investors should take note of the
days Shanghai-Hong Kong Stock Connect is open for business and decide according to their own risk tolerance capability whether or not to take on the risk of price fluctuations in A shares during the time when Shanghai-Hong Kong Stock Connect is not trading. Restrictions on selling imposed by front-end monitoring For investors who usually keep their A shares outside of their brokers, if they want to sell certain A shares they hold, they must transfer those A shares to the respective accounts of their brokers before the market opens on the day of selling (T day). If they fail to meet this deadline, they will not be able to sell those A shares on T day. The recalling of eligible stocks When a stock is recalled from the scope of eligible stocks for trading via Shanghai-Hong Kong Stock Connect for above-mentioned reasons, the stock can only be sold but restricted from being bought. This may affect the investment portfolio or strategies of investors. Investors should therefore pay close attention to the list of eligible stocks as provided and renewed from time to time by both Exchange. Risks of client assets received or held outside Hong Kong 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. This promotion material does not constitute any offer, solicitation, recommendation, comment or guarantee to the purchase, subscription or sale of any investment product or service. This promotion material is issued by THE BANK and the contents have not been reviewed by the Securities and Futures Commission of Hong Kong.