| Remarks: |
| 1. |
lease click here or contact our staff for details of the Terms and Conditions of the product offers. |
| 2. |
Customer must keep the required Total Relationship Balance (TRB) until the specified date after the account is opened/converted. Please refer to applicable Terms and Conditions part (E) for details. |
| 3. |
Customer is required to maintain Total Relationship Balance or New Funds until the following calendar month after the account is upgraded. For details, please refer to the relevant terms and conditions. |
| 4. |
Promotional offer does not include the transaction of Securities Trading, Initial Public Offering ("IPO") subscriptions for Securities, Retail Bonds, and Certificates of Deposits, Stock Monthly Investment Plan, Unit Trust Monthly Investment Plan, Investment-linked insurance plan and Single Trip TravelSurance. |
| 5. |
Based on the findings from the market survey conducted by Synovate in August 2010. |
| Important Risk Warning |
| . |
Some of the investment products are structured products that involve derivatives. The investment decision is yours but you should not invest 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. |
| . |
Unit Trusts, Bonds, Certificates of Deposit (CDs) and Structured Products are NOT equivalent to time deposits. Unit Trusts are investment products and some may involve derivatives. |
| . |
Structured Products (except for Callable Fixed Deposits), Deposit Plus and CDs are not protected deposits and are not protected by the Deposit Protection Scheme in Hong Kong. |
| . |
The price of securities may move up or down and may become valueless. Losses may be incurred as well as profits made as a result of buying and selling securities. |
| . |
In the worst case scenario, the value of the funds may be worth substantially less than the original amount you invested (and in an extreme case could be worth nothing). |
| . |
Issuer's Risk – Bonds, CDs, Structured Products and the investment-linked insurance plan are subject to both the actual and perceived measures of credit worthiness of the issuer. There is no assurance of protection against a default by the issuer in respect of the repayment obligations. In the worst case scenario (e.g. insolvency of the issuer), you might not be able to recover the principal and any interest/coupon, if applicable, and the potential maximum loss could be 100% of invested amount and no interest/coupon received. |
| . |
Investors should not only base on this material alone to make investment decisions. |
| . |
Investment involves risks. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and relevant circumstances. This document does not constitute an offer for the purchase or sale of any investment products. Past performance of investment products are no guide to future performance. For details of the investment products and the investment-linked insurance plan, their related fees and charges and risk factors, please refer to the offering documents of the respective products for details. |
| . |
Additional risks are disclosed in the "Risk Disclosure" section. Please refer to the Terms and Conditions by clicking here for details. |
|
Promotional Terms and Conditions
| General terms and conditions |
| 1. |
The promotional period commences on 22 March 2011 and ends on 19 April 2011, both dates inclusive (”the Promotional Period"). |
| 2. |
The promotional offers are exclusive to the selected customers (the "Customers") of The Hongkong and Shanghai Banking Corporation Limited in Hong Kong SAR (the "Bank") to whom this electronic direct mailer specifically addressed. |
| 3. |
To enjoy the promotional offer(s) under this promotion, a customer must successfully open or (where applicable) upgrade to an Integrated Account - HSBC Advance (the"Account") as the sole/principal account holder during the Promotional Period and fulfills all other criteria below mentioned ("Eligible Customer"). |
| 4. |
For joint Accounts, only the principal Account holder is entitled to this promotional offer. |
| 5. |
An Eligible Customer who terminates or converts his/her Account to an Integrated Account - HSBC SmartVantage or other account type before the relevant promotional offer(s) is/are issued will not be entitled to the promotional offer(s). If an Eligible Customer who is entitled to the welcome offer(s) under this promotion and the promotional offer(s) under other Integrated Account promotion – HSBC Premier, this customer is only entitled to receive HSBC Premier promotional offer(s) and relevant promotional terms and conditions applied. |
| 6. |
If an Eligible Customer who is entitled to the promotional offer(s) under this promotion is also entitled to other promotional offer(s) under another concurrent promotion run by the Bank in respect of opening the Account, this customer is only entitled to receive ONE of such welcome offer/offer that is of the highest value at the Bank's discretion. |
| 7. |
Unless specified below, Eligible Customer shall receive ParknShop cash coupon (the "Shopping Coupons") as the rewards. The Shopping Coupons will only be mailed to each Eligible Customer's local correspondence address on or before 31 August 2011. It is not replaceable in the event of any loss or damage, including without limitation in any lost in transit after being mailed out by the Bank. |
| 8. |
The Shopping Coupons are available while stock lasts. The Bank reserves the right to replace the Shopping Coupons with alternative gift without prior notice. The Shopping Coupons offered under this promotion (or any alternative gift) cannot be converted to cash. The Bank is not responsible for and shall have no liability in respect of the quality of the products and services provided by the supplier of the promotional offers in this promotion. |
| 9. |
If Eligible Customers terminate or convert their Account to other account type or cancel the newly open HSBC Advance Visa Card within 12 months after the opening of new Account, the Bank reserves the right to debit the amount of welcome offer(s) rewarded from their Account or credit card account maintained with the Bank. |
| 10. |
The dates and amounts appearing in the Bank's records will be conclusive as to the date on which the Account was opened, terminated or converted and amount of balances / number of transactions carried out. |
| 11. |
All offers under this promotion are provided subject to the prevailing regulatory requirements. |
| 12. |
The Bank reserves the right to change these Terms and Conditions at any time and the offer may be withdrawn by the Bank at its discretion without prior notice. |
| 13. |
In the event of a dispute arising out of this promotion, the decision of the Bank shall be final and conclusive. |
| 14. |
Where there is any discrepancy between the Chinese and English versions of these terms and conditions, the English version shall apply and prevail. |
| 15. |
Employees of the Bank are not eligible for any of the promotional offers under this promotion. |
| 16. |
All remarks and footnotes stated in the electronic direct mailer are intended to serve as part of the promotional terms and conditions. |
| 17. |
All the terms and conditions listed are governed by and construed in accordance with the laws of HKSAR. |
Terms and Conditions for Welcome Offers
| (A) |
Welcome offer for opening a new Integrated Account - HSBC Advance - shopping coupon(s) worth HK$200 ("HSBC Advance Welcome Offer") |
|
An HSBC Advance Welcome Offer of HK$200 shopping coupon will be offered to each Eligible Customer who meets the criteria listed in Clause (i) and (ii) below:
|
| (i) |
opens or (where applicable) upgrades to an Account with a Total Relationship Balance ("TRB") of HK$200,000 or above (or equivalent in foreign currency) during the Promotional Period AND |
| (ii) |
maintains a monthly TRB of HK$200,000 or above (or equivalent in foreign currency) until the end of the following calendar month after the opening of/upgrading to HSBC Advance. |
Total Relationship Balance (“TRB")a takes into account the following: Hong Kong dollar / Renminbi / foreign currency deposits, book value or market value (if applicable) of investments (including local and overseas securities, unit trusts, bonds, certificates of deposits, equity linked investments, structured notes, stocks or unit trusts purchased from Monthly Investment Plan and Wayfoong Statement Gold), deposit amounts of Deposit Plus and structured investment deposits (including Capital Protected Investment Deposits), utilised lending facilities(excluding mortgage loans and amounts outstanding on credit cards), saving and investments portions of life insurance policies and HSBC MPF balances and HSBC ORSO Defined Contribution Scheme balances which are administered by HSBC Life (International) Limited. |
| . |
To determine overall TRB in sole capacity, the applicable TRB of all personal sole account(s)b and all joint account(s)c will be included in the calculation. |
| . |
To determine overall TRB in joint capacity, the applicable TRB of all joint account(s)b held with the same joint account holder(s) will be included in the calculation.
| a. |
There may be a time lag before the value of certain investment transactions (i.e. Initial Public Offering ("IPO") subscriptions for securities, bonds, open-end funds and certificates of deposits) and life insurance policies will be included in the TRB due to the processing time required and therefore may affect the TRB in the Bank's record. |
| b. |
All these accounts must be held or registered under the same name(s) and identity number(s). |
| c. |
The name and identity number held or registered under these joint accounts must be the same as that held or registered under the sole account. |
|
Each Eligible Customer can only enjoy this welcome offer once. |
|
| (B) |
Welcome offer for opening a new Integrated Account - HSBC Advance and bringing in new funds - shopping coupon(s) worth up to HK$600 ("HSBC Advance New Funds Welcome Offer") |
|
An HSBC Advance New Funds Welcome Offer will be offered to each Eligible Customer who meets the criteria listed in Clause (i) and (ii) below:
|
| (i) |
fulfills the requirements of and entitled to HSBC Advance Welcome Offer of HK$200 shopping coupon (stated in Terms and Conditions part (A) above) AND |
| (ii) |
| a. |
brings in Net Incremental New Funds of HK$200,000 or above (or equivalent in foreign currency) to the Account during the Promotional Period AND maintain the net increase until the end of the following calendar month after the opening of/upgrading to HSBC Advance to enjoy HK$100 shopping coupon; or |
| b. |
brings in Net Incremental New Funds of HK$500,000 or above (or equivalent in foreign currency) to the Account during the Promotional Period AND maintain the net increase until the end of the following calendar month after the opening of/upgrading to HSBC Advance to enjoy HK$400 shopping coupon. |
| |
Customers who increase TRB to the specified amount during |
Net increase in TRB to be maintained until |
Calculation of net increase in TRB (as per the Bank's record) |
Account opened/ converted in
March 2011 |
22 March to
31 March 2011 |
30 April 2011 |
Difference between the customer's TRB balance as of 28 February 2011 and 30 April 2011 |
Account opened/ converted in
April 2011 |
1 April to
30 April 2011 |
31 May 2011 |
Difference between the customer's TRB balance as of 31 March 2011 and 31 May 2011 |
The examples below illustrate the calculation of TRB growth and the offers that an Eligible Customer will be entitled to:
If the Eligible Customer opens/upgrades the Account in March 2011 and the customer is entitled to HSBC Welcome Offer of HK$200 shopping coupon (stated in Clause A)
TRB as of 28 Feb 2011
(a)
|
TRB as of 30 Apr 2011
(b) |
Net increase in TRB
(b) - (a) = (c) |
Offer Entitled |
| HK$200,000 |
HK$200,000 |
HK$200,000 - HK$200,000
= HK$0 |
HK$200 |
| HK$100,000 |
HK$200,000 |
HK$200,000 - HK$100,000
= HK$100,000 |
HK$200 |
| HK$100,000 |
HK$400,000 |
HHK$400,000 - HK$100,000
= HK$300,000 |
HK$300 |
| HK$100,000 |
HK$600,000 |
HK$600,000 - HK$100,000
= HK$500,000 |
HK$600 |
|
| |
Each Eligible Customer can only enjoy this welcome offer once. Each Eligible Customer is entitled to either the HSBC Advance Welcome Offer OR HSBC Advance New Funds Welcome Offer with a maximum incentive amount of HK$600. |
|
Additional Reward Terms and Conditions
| (C) |
Take up any set of the service categories - shopping coupon(s) worth up to HK$200 ("Additional Reward") |
|
Additional reward of HK$100 shopping coupon will be offered to Eligible Customer who is an existing/new HSBC Personal Internet Banking Customer (the "Eligible PIB user") and successfully signs up any set of the following service categories. |
| (i) |
Open an HSBC Advance Integrated Investment Services Account and complete Risk Profiling Questionnaire
An Eligible Customer needs to open a new HSBC Advance Integrated Investment Services Account and complete a Risk Profiling Questionnaire upon the Account opening (or, where applicable, conversion). Each Eligible Customer is entitled to the shopping coupon(s) once only irrespective of the number of Accounts opened.
|
| (ii) |
Successful application of HSBC Advance Visa Platinum Card ("Credit Card")
An Eligible Customer needs to successfully apply for an HSBC Advance Visa Platinum Card as the primary account holder during the Promotional Period (without any spending requirement). Each Eligible Customer is only entitled to enjoy the welcome offer once even if he/she successfully applies for more than one primary and/or additional Credit Card during the Promotional Period. Only Eligible Customer whose Credit Card is valid and in good standing during the Promotional Period and before receiving the shopping coupon in relation to the Credit Card application will be eligible for the shopping coupon.
|
Each Eligible Customer is entitled to a maximum incentive amount of HK$200. |
|
| (D) |
Take up any investment or insurance product(s) - shopping coupon(s) worth up to HK$100 ("Exclusive Reward") |
Exclusive Reward of HK$100 shopping coupon will be offered to an Eligible Customer who successfully takes up any one investment product category (exclude Securities Trading, Initial Public Offer "IPO" of Securities/Retail Bonds/Certificate of Deposit and Stock/Unit Trust Monthly Investment Plan) or any one insurance product category (exclude investment-linked insurance plan and Single Trip TravelSurance) and that insurance policy is still in force when receiving the promotional offers. Each Eligible Customer can only enjoy this Exclusive Reward once. Each Eligible Customer is entitled to the Exclusive Reward once irrespective the number of product take up or transaction completed with a maximum incentive amount of HK$100.
|
| (E) |
First 12-month below balance fee* waiver ("the Fee Waiver") |
The Fee Waiver will be offered to each Eligible Customer who meets the criteria listed in Clause (i) and (ii) below:
|
|
| (i) |
opens or converts(where applicable) to an Account with a Total Relationship Balance ("TRB") of HK$100,000 or above (or equivalent in foreign currency) during the Promotional Period AND |
| (ii) |
maintains a monthly TRB of HK$100,000 or above (or equivalent in foreign currency) until the dates set out in the table below. |
|
Account opened/ converted in March 2011 |
Account opened/ converted in April 2011 |
Maintain a monthly TRB of HK$100,000 or above (or equivalent in foreign currency) until:
|
31 May 2011 at 11:59pm |
30 June 2011 at 11:59pm |
|
|
Eligible Customers shall enjoy below balance fee waiver for the first 12 months after the Account is opened / converted. |
* After the end of the Fee Waiver offer, HSBC Advance customer is subject to a monthly below balance fee of HK$120 if the Total Relationship Balance falls below HK$200,000. The monthly below balance fee applies to each Integrated Account. |
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All life insurance plans are underwritten by HSBC Life (International) Limited. All medical and general insurance plans are underwritten by HSBC Insurance (Asia) Limited. HSBC Life (International) Limited and HSBC Insurance (Asia) Limited are authorised and regulated by the Commissioner of Insurance of the Hong Kong SAR. The Hongkong and Shanghai Banking Corporation Limited is an insurance agent authorised by HSBC Life (International) Limited and HSBC Insurance (Asia) Limited. The information shown is intended as a general summary. For charges and details, please refer to the relevant Product Brochures and policies or contact any HSBC branches or staff for offer details.
The contents of this document have not been reviewed by the Securities and Futures Commission.
Issued by the Hongkong and Shanghai Banking Corporation Limited
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The world's local bank