|
Comprehensive offers at a glance
| Product |
Offers within the first six months of becoming HSBC Advance Customer1 |
| Life Insurance2 |
 |
RetireIncome Annuity Plan / Lifestyle Wealth Protection Plus: 2% off the first year's
premium |
|
EarlyIncome Annuity Plan: 1% off the first year's premium |
|
WholeLife Protection Plan: 1 month's premium waiver |
|
| Medical Insurance2 |
|
FirstCare: up to 10% off on the first year's premium |
|
Preferred Care: 10% off the first year's premium |
|
HospitalSurance: 2 months' premium waiver on monthly payment or 15% off the first year's premium on annual payment |
|
| General Insurance2 |
|
HomeSurance: 2 months' premium waiver on monthly payment or 15% off the first year's premium on annual payment |
|
AccidentSurance, HomeSurance and MultiTrip TravelSurance: Bundle take-up to enjoy 3 months' premium waiver on monthly payment or 20% off the first year's premium on annual payment |
|
| Unit Trusts |
|
Initial charge as low as 1.5% for the first lump sum subscription3 |
|
6 months' waiver of initial charge for the first new set up of Unit Trust Monthly Investment Plan |
|
| Securities |
$0 brokerage fee on H.K. stocks trading or U.S. stocks trading4,5 |
| Retail Bonds |
0.1% cash rebate on bond purchase6 |
| HSBC Advance Visa Platinum Card |
Waived annual fee for both primary and additional cards |
| Time Deposit and Foreign Currency Trading |
Preferential deposit and exchange rates |
| Mortgage Loan |
Preferential offers |
|
| Remarks: |
| 1. |
Terms and conditions apply. Please refer below or contact our staff for details of the terms and conditions. |
| 2. |
The insurance product discount offers are applicable to successful applications made by HSBC Advance customers on or before 31 December 2012. Please refer to the applicable terms and conditions for details. |
| 3. |
Only applicable to customers without any investment service account or Unit Trusts account in the past 6 months. The new investment service account must be opened on or before 31 December 2012. Discount applies on top of prevailing open-end funds preferential initial charge offer. In any cases, the initial charge offer discount is floored at 1.5%. Terms and conditions apply. Other fees/charges applicable to the relevant fund still apply. |
| 4. |
$0 brokerage fee on H.K. stocks trading can be enjoyed via HSBC Internet Banking or Mobile Banking within 30 days upon new investment service account opening. The offer is only applicable to customers without any investment service account in the past 6 months. The new investment service account must be opened on or before 31 December 2012. The waived brokerage fee is subject to a maximum limit. Please refer to the applicable terms and conditions for details. |
| 5. |
$0 brokerage fee on U.S. stocks trading can be enjoyed via HSBC Internet Banking, HSBC Mobile Banking or manned phone within 30 days upon activating U.S. stocks trading service. The offer is only applicable to non-U.S. personal customers with valid identification document complying with U.S. tax requirements who newly activate U.S. stocks trading service. Service activation must be on or before 31 December 2012. The waived brokerage fee is subject to a maximum limit. Please refer to the applicable terms and conditions for details. |
| 6. |
0.1% cash rebate on bonds purchase can be enjoyed within 30 days upon new investment service account opening. Only applicable to customers without any investment service account in the past 6 months. The new investment service account must be opened on or before 31 December 2012. Bonds Initial Public Offerings and Certificates of Deposit are not eligible. The cash rebate is subject to a maximum limit. Please refer to the appropriate terms and conditions. |
| Important Risk Warning |
| 1. |
Some of the investment products are structured products which may 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. |
| 2. |
Units Trusts, Bonds, Certificates of Deposits (CDs) and Structured Products are NOT equivalent to time deposits. Unit Trusts are investment products and some may involve derivatives. |
| 3. |
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. |
| 4. |
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. |
| 5. |
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). |
| 6. |
Issuer's Risk - you rely on the issuer's creditworthiness. 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. |
| 7. |
Investors should not only base on this material alone to make investment decisions. |
| 8. |
Investment involves risks. Past performance of investment products are no guide to future performance. This document does not constitute a solicitation for the making of any deposit or investment products. 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. For details of the investment products and the insurance plan, their related fees and charges and risk factors, please refer to the offering documents of the respective products. |
| 9. |
Currency conversion risk - the value of your RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your RMB deposit to other currencies at an exchange rate that is less favourable than that at which you made your original conversion to RMB, you may suffer loss in principal. |
| 10. |
RMB is currently not freely convertible. For personal customers, conversions conducted through RMB deposit accounts with banks in Hong Kong are subject to the limit of up to RMB20,000 per person per day. You should allow time for conversion of RMB from/to another currency of an amount exceeding the daily limit. |
| 11. |
RMB denominated products are subject to liquidity risk as there may be no regular trading and active secondary market for RMB Income Instruments. The bid and offer spread of the price of RMB Income Instruments may be large, so investors may incur significant trading and realization costs and may suffer losses accordingly. |
| 12. |
Additional risks are disclosed in the "Risk Disclosure" section. Please refer to the Terms and Conditions for details. |
|
Promotional Terms and Conditions
| General terms and conditions |
| i. |
The Hongkong and Shanghai Banking Corporation Limited, Hong Kong (the "Bank") reserves the right to change the Terms and Conditions at any time with reasonable notice and the offers may be withdrawn by the Bank at its discretion without prior notice. |
| ii. |
Employees of the Bank are not eligible for this promotion. |
| iii. |
In case of dispute arising out of this promotion, the decision of the Bank shall be final and conclusive. |
| iv. |
In case of discrepancies between the English and the Chinese versions of these Terms and Conditions, the English version
shall apply and prevail. |
| (A) |
Specific Terms and Conditions for Life Insurance Offer |
|
| 1. |
The promotional offers are only applicable to successful applications in respect of a new
purchase of RetireIncome Annuity Plan, EarlyIncome Annuity Plan, WholeLife
Protection Plan or Lifestyle Wealth Protection Plus within the period of 1 January 2012
to 31 December 2012 (both dates inclusive) ("the Promotional Period") with policy be
issued within the period of 1 January 2012 to 28 February 2013 (both dates inclusive) and
shall at all times be subject to below Terms and Conditions. |
| 2. |
A customer who has withdrawn/cancelled an application/policy for the same insurance plan
within the past six months will not be entitled to the promotional offer. |
| 3. |
If a customer who is entitled to receive the promotional offers under this promotion is
also entitled to other offer(s) under another concurrent promotion run by The Hongkong
and Shanghai Banking Corporation Limited in Hong Kong SAR ("the Bank") in respect of
the same type of designated product or service, such customer is only entitled to
receive the offer of the highest value at the Bank's discretion. |
| 4. |
Offers under this promotion are not applicable to policies applied in company name. |
| 5. |
Premium discount/premium waiver offered in this promotion are not
exchangeable for cash and are not transferable. |
| 6. |
"HSBC Advance Customers" are existing customers of Integrated Account - HSBC
Advance with the Bank. |
| 7. |
All insurance applications are subject to approval by HSBC Life (International) Limited. |
| 8. |
The following terms and conditions are specific to individual insurance plans only :
| a) |
Specific Product Terms and Conditions for RetireIncome Annuity Plan (RIAP)/
EarlyIncome Annuity Plan (EIAP)/Lifestyle Wealth Protection Plus (LWPP) - First-year
Premium Discount
| - |
The 2% First-year Premium Discount is only applicable to successful applications in
respect of a new purchase of RIAP or LWPP from "HSBC Advance Customers"
mentioned in Clause 6 ("Advance RIAP/LWPP Policy"). |
| - |
The 1% First-year Premium Discount is only applicable to successful applications in
respect of a new purchase of EIAP from "HSBC Advance Customers" mentioned
in Clause 6 ("Advance EIAP Policy") |
| - |
For monthly payment of premium, customers are required to pay the first three
months' premium upfront with the discount deducted from the initial payment. |
| - |
For premiums paid on annual basis, the amount of premium payable in the first year
will be calculated as:
- full annual premium X 0.98 (for Advance RIAP/LWPP Policy) OR
- full annual premium X 0.99 (for Advance EIAP Policy). |
|
| b) |
Specific Product Terms and Conditions for WholeLife Protection Plan - Premium
Waiver
| - |
The 1-month Premium Waiver is only applicable to successful applications in
respect of a new purchase of WholeLife Protection Plan from "HSBC Advance
Customers" mentioned in Clause 6 (Advance WLPP policy). |
| - |
For monthly payment of premium, customers are required to pay first 2 months'
premium upfront in order to enjoy the third month's premium waiver (for Advance
WLPP Policy). |
| - |
For premiums paid on annual basis, the amount of premium payable in the first year
will be calculated as full annual premium X 11/12 (for Advance WLPP Policy). |
|
|
|
| (B) |
Specific Terms and Conditions for Medical Insurance Offer and General Insurance Offer |
|
| 9. |
The offer is applicable to all new and existing customers who have opened and
maintained an Integrated Account – HSBC Advance ("Eligible Customers for Medical
and General Insurance Offer") and who have successfully applied for the relevant
insurance product within the promotional period from 1 January 2012 to 31 December
2012 (both days inclusive, the "Promotional Period"). |
| 10. |
For Eligible Customers for Medical and General Insurance Offer who are entitled to
other prevailing promotional offers for the same product, the Bank reserves the right to
provide only one offer of the highest value at the Bank's discretion. |
| 11. |
Customers who have withdrawn or cancelled an application/a policy for the same
insurance product within the six months before the successful application of the
relevant insurance product will not be entitled to any offer under this promotion. |
| 12. |
The date appearing in the Bank's records will be conclusive as to the date on which the
application/policy of the relevant insurance product was filed, withdrawn or cancelled. |
| 13. |
All premium discounts or premium waivers are not exchangeable for cash or
transferable. The premium discount or premium waivers will only be applicable upon
policy approval and cannot be used in conjunction with other promotional offers. |
| 14. |
All insurance applications are subject to final approval by HSBC Insurance (Asia) Limited. |
| 15. |
Employees of the Bank are not eligible for this promotion. |
| 16. |
The following terms and conditions specific to individual insurance plans apply.
| a) |
Specific Product Terms and Conditions for FirstCare - Product Discount
| - |
For successful application of FirstCare, a 5% discount on the first
year's premium in respect of "self" enrolment and a prevailing family discount offer of
10% off in respect of "family" enrolment to FirstCare will be offered to the
policyholder. |
| - |
"Self" enrolment refers to application for the policyholder himself/herself or his/her
child; "Family" enrolment refers to any of the following combination: (i) self and
spouse, (ii) self and parent, (iii) self and child(ren), and (iv) self, spouse and/or
child(ren). To enjoy the designated product offers for family enrolment during the
Promotional Period, all members in the above-mentioned combination have to apply
together in one new policy (except in the case of self and parent application). In the
case of self and parent enrolment, both have to submit the new application at the
same time within the Promotional Period so as to enjoy the designated product
offers. |
|
| b) |
Specific Product Terms and Conditions for Preferred Care - Product Discount
| - |
For successful application of Preferred Care through a branch, a 10% discount on the
first year's premium in respect of "self" or "family" enrolment will be offered to the
policyholder. |
| - |
"Self" means self or child(ren) only. |
| - |
"Family" means self, spouse and /or children. |
| - |
This offer is applicable to insurance policies applied through a branch only but not
through any other channels. |
|
| c) |
Specific Product Terms and Conditions for HospitalSurance and HomeSurance - Product Discount
| - |
For successful applications for HospitalSurance or HomeSurance where the premium is
paid on a monthly basis and the first 2 months' premium has been paid upfront, the 3rd
and 4th months' premium will be waived. |
| - |
For successful applications for HospitalSurance or HomeSurance where the premium is
paid on an annual basis, a discount of 15% on the first year's premium will be offered to
the policyholder. |
| - |
This offer is applicable to insurance policies applied through phone and online channels
only but not through any other channels. |
|
| d) |
Specific Terms and Conditions for Comprehensive General Insurance Offer
(AccidentSurance, HomeSurance, and MultiTrip TravelSurance) - Product Discount
| - |
There shall be an overall discount for the concurrent take up of AccidentSurance,
HomeSurance and MultiTrip TravelSurance ("Selected Products"). |
| - |
If any of the Selected Product(s) is (are) inforce already, Eligible Customers for Medical
and General Insurance Offer can still enjoy discount offer, but it shall be given to the new
application(s) of the Selected Product(s) only. Existing policy(ies) will not be given this
discount offer. |
| - |
Eligible Customers for Medical and General Insurance Offer can enjoy premium wavier for
the period from 3rd to 5th months after paying the initial premium for the first 2 months
upon successful new application of AccidentSurance or HomeSurance if they select the
monthly premium payment. Where premium is paid on an annual basis, there shall be a
discount of 20% on the first years' premium. |
| - |
Eligible Customers can enjoy 20% discount on the first years' premium upon successful
application of MultiTrip TravelSurance. |
| - |
This offer is only applicable to insurance policies applied through branch and
phone channel. |
|
|
|
| (C) |
Specific Terms and Conditions for Unit Trusts Lump Sum and Unit Trust Monthly Investment Plan Offers |
|
Unit Trusts initial charge discount for the first lump sum open-end fund subscription (the "Unit Trust Offer") |
| 17. |
The promotional period commences on 3 January 2012 and ends on 31 December
2012, both dates inclusive ("the Promotional Period"). The Unit Trust Offer is applicable to
any customer who successfully opens a new Integrated Account - HSBC Advance with the
Bank during the Promotional Period and a new HSBC Advance Investment Services
Account except FundMax Account ("Eligible Investment Account for Unit Trust Offer")
within six months after opening of the new Integrated Account - HSBC Advance (in any
cases, by latest 31 December 2012) and has not terminated or maintained any HSBC
Investment Services Account or Unit Trusts Account within six months prior to opening of
the "Eligible Investment Account for Unit Trust Offer" ("Eligible Customer for Unit Trust
Offer"). |
| 18. |
The Unit Trust Offer is only applicable to the first lump-sum subscription order of
open-end funds (excluding CapitALL funds and funds in the ‘No Subscription Fee Series")
made through manned phone banking, HSBC Personal Internet Banking or at any HSBC
branch in Hong Kong via the Eligible Investment Account for Unit Trust Offer. 0.75%
discount is applied if the first lump-sum subscription order is made within 1 month from
the opening date of such investment account or 0.25% discount is applied if the first
lump-sum subscription order is made in the second to the sixth month from the opening
date of such investment account. In any cases, the initial charge after discount is floored at
1.5%. The eligible period starts to count once the Eligible Investment Account for Unit
Trust Offer is opened. |
| 19. |
In addition to this Unit Trust Offer, Eligible Customers for Unit Trust Offer will still enjoy
the prevailing open-end funds preferential initial charge offer applicable to the subscription
order but other promotional offers on open-end funds initial charge will not be applicable. |
| 20. |
Eligible Customers for Unit Trust Offer are required to fully settle the actual initial
charge amount at the time of subscription. The "offer amount" (which is the difference
between the actual initial charge amount and the initial charge amount under this Unit Trust
Offer) will be credited to such customer's default settlement account in settlement
account currency within three months after the lump-sum subscription. Eligible Customers
for Unit Trust Offer whose Eligible Investment Account for Unit Trust Offer or settlement
account is not in place at that time will for all purposes have forfeited their entitlement to
the Unit Trust Offer and hence, forfeited also the "offer amount". |
| 21. |
The Unit Trust Offer is not applicable to subscriptions made under Unit Trust Monthly
Investment Plan. |
| 22. |
All other fees/charges applicable to the relevant fund (including switching fees,
redemption fees, management fees and other fees) still apply. |
| 23. |
The Unit Trust Offer and the prevailing open-end funds preferential initial charge offer
may be changed from time to time at the discretion of The Hongkong and Shanghai
Banking Corporation Limited in Hong Kong SAR (the "Bank"). |
6-month waiver of initial charge for the first new setup of Unit Trust Monthly Investment Plan ("UTMIP") (the "UTMIP Offer") |
| 24. |
The promotional period commences on 3 January 2012 and ends on 31 December 2012,
both dates inclusive ("the Promotional Period"). The UTMIP Offer is applicable to any
customer who successfully opens a new Integrated Account - HSBC Advance with the
Bank during the Promotional Period and a new HSBC Advance Investment Services
Account except FundMax Account ("Eligible Investment Account for UTMIP Offer") within
six months from opening of the new Integrated Account - HSBC Advance (in any cases, by
latest 31 December 2012) and has not terminated or maintained any HSBC Investment
Services Account or Unit Trusts Account within six months prior to opening of the "Eligible
Investment Account for UTMIP Offer" ("Eligible Customer for UTMIP Offer"). |
| 25. |
The UTMIP Offer is only applicable to the setup of a new UTMIP made through
manned phone banking, HSBC Personal Internet Banking or at any HSBC branch in Hong
Kong via the Eligible Investment Account for UTMIP Offer within six months from the
opening date of such investment account ("UTMIP Offer Eligible Period"). The UTMIP
Offer Eligible Period starts to count once the Eligible Investment Account for UTMIP Offer
is opened. |
| 26. |
The UTMIP Offer is only applicable to the first successful setup of UTMIP within the
UTMIP Offer Eligible Period and subject to maximum of HK$5,000 monthly contribution. |
| 27. |
The Unit Trust initial charge will still apply. Other promotional offers on open-end funds
initial charge will not be applicable. |
| 28. |
Eligible Customers for UTMIP Offer are required to fully settle the actual initial charge
amount at the time of subscription. The "offer amount" (which is the difference between
the actual initial charge amount and the initial charge amount under this UTMIP Offer) will
be credited to such customer's default settlement account in settlement account currency
within nine months after the setup of UTMIP. Eligible Customers for UTMIP Offer whose
Eligible Investment Account for UTMIP Offer or settlement account is not in place, or the
UTMIP has been terminated at that time will for all purposes have forfeited their
entitlement to the UTMIP Offer and hence, forfeited also the "offer amount". |
| 29. |
All other fees/charges applicable to the relevant fund (including switching fees,
redemption fees, management fees and other fees) still apply. |
| 30. |
The UTMIP Offer may be changed from time to time at the discretion of The
Hongkong and Shanghai Banking Corporation Limited in Hong Kong SAR (the "Bank"). |
Risk disclosure |
| Unit Trusts |
| 1. |
Funds which are invested in certain markets and companies (e.g. emerging,
commodity markets and smaller companies etc) may also involve a higher degree of risk
and are usually more sensitive to price movements. |
| 2. |
Credit Risk/Interest Rate Risk - a fund that invests in fixed income securities may fall in
value if interest rates change, and is subject to the credit risk that issuers may not make
payments on such securities. Price of the fund may have a high volatility due to investment
in financial derivative instruments and may involve a greater degree of risk than in the case
with conventional securities. |
| 3. |
Counterparty Risk - a fund will be exposed to credit risk on the counterparties with
which it trades in relation to financial derivative instrument contracts that are not traded on a
recognised exchange. Such instruments are not afforded the same protections as may apply
to participants trading financial derivative instruments on organised exchanges, such as the
performance guarantee of an exchange clearing house. A fund will be subject to the
possibility of insolvency, bankruptcy or default of a counter party with which a fund trades
such instruments, which could result in substantial loss to a fund. |
|
|
| (D) |
Specific Terms and Conditions for H.K. and U.S. Stocks Trading Offers |
|
General terms and conditions: |
| 31. |
All remarks and footnotes stated in the promotional materials are intended to serve as
part of the promotional terms and conditions. |
| 32. |
All offers under this promotion are provided subject to the prevailing regulatory
requirements. |
| 33. |
All the terms and conditions listed above are governed by and construed in accordance
with the laws of HKSAR. |
| 34. |
The waived brokerage fees will be converted to and paid in Hong Kong dollars at a
prevailing exchange rate designated by the Bank from time to time. |
$0 Brokerage Fee Offer for H.K. Stocks (the "Offer") |
| 35. |
The Offer is effective from 1 January 2012 to 31 December 2012, both dates inclusive
(the "Promotional Period"). |
| 36. |
The Offer is applicable to customers who successfully open a new HSBC Premier Investment Services Account / HSBC Premier
Securities Margin Trading Service Account; or (b) a new Integrated Account - HSBC
Advance and a new HSBC Advance Investment Services Account / HSBC Advance
Securities Margin Trading Service Account, as the sole or principal account holder
during the Promotional Period (the "Eligible Customers") (the "Eligible Investment
Account"). |
| 37. |
Customer who is currently holding or has terminated any HSBC investment account
with account suffix 380, 381, 388 or 391-394 within six months prior to the specific
dates listed in the below table will not be eligible to this Offer:
| Eligible Investment Account opening date |
Six months prior to below specific dates |
| 1 January 2012 - 31 March 2012 |
1 January 2012 |
| 1 April 2012 - 30 June 2012 |
1 April 2012 |
| 1 July 2012 - 30 September 2012 |
1 July 2012 |
| 1 October 2012 - 31 December 2012 |
1 October 2012 |
|
| 38. |
The Offer is a brokerage fee waiver applicable to local securities transactions (excluding
transactions made in respect of initial public offerings and Stocks Monthly Investment
Plans) which are effected via HSBC Personal Internet Banking
(www.ebanking.hsbc.com.hk), HSBC Stock Express (www.hsbc.com.hk/stockexpress)
or HSBC Mobile Banking (www.hsbc.com.hk) through the Eligible Investment Account
within 30 calendar days upon its account opening date (the "Eligible Period") (the
"Eligible Transactions"). |
| 39. |
Eligible Customers will enjoy $0 brokerage fee for all Eligible Transactions until the total
cumulative standard brokerage fee reaches HK$2,500 for HSBC Advance Eligible Customers. All subsequent transactions will be subject to standard brokerage fees
(minimum HK$100 per transaction).
Example (HSBC Advance Eligible Customer):
An Eligible Customer opens a new Integrated Account - HSBC Advance with Eligible
Investment Account on 3 January 2012 and conducts the following Eligible Transactions
during the Eligible Period:
| Trade date |
Transaction amount |
Standard brokerage fee |
Waived brokerage fee |
| 6 January 2011 |
HK$980,000 |
HK$2,450 |
HK$2,450 |
| 20 January 2011 |
HK$200,000 |
HK$500 |
HK$50 (subject to cap) |
| 26 January 2011 |
HK$50,000 |
HK$125 |
n/a (over cap) |
| 10 February 2012 |
HK$100,000 |
HK$250 |
n/a (not within Eligible Period) |
| Total |
HK$1,330,000 |
HK$3,325 |
HK$2,500 |
|
| 40. |
The standard brokerage fees will be deducted upfront and the portion of waived
brokerage fees will be reimbursed to the settlement account of Eligible Investment
Account within 12 months upon account opening. Eligible Customers must not
terminate or downgrade these accounts within 12 months in order to enjoy this Offer. |
| 41. |
The waived brokerage fees will be converted to and paid in Hong Kong dollars at a prevailing exchange rate designated by the Bank from time to time. |
| 42. |
Other transaction fees/charges still apply. These include, without limitation, deposit
transaction charge (for purchase orders only), SFC transaction levy, investor compensation
levy, HKEx trading fee and stamp duty. |
| 43. |
Each Eligible Customer will be entitled to the Offer once only. If customer is eligible to
more than one concurrently running local securities promotional offers, the Bank
reserves the right to award only the offer deemed to be of higher value at the Bank's
discretion. |
$0 Brokerage Fee Offer for U.S. Stocks (the "Offer") |
| 44. |
The Offer is effective from 1 January 2012 to 31 December 2012, both dates inclusive
(the "Promotional Period"). |
| 45. |
The Offer is only applicable to the sole or principal account holders of HSBC Integrated
Investment Services Account with account suffix 380 who successfully activate the
U.S. stock trading service during the Promotional Period (the "Eligible Customers") (the
"Eligible Investment Account"). |
| 46. |
Customer who is currently holding or has terminated any HSBC Integrated Investment
Services Account activated with the U.S. stock trading service within six months prior
to the specific dates listed in the below table will not be eligible to this Offer:
| Promotional Period |
Six months prior to below specific dates |
| 1 January 2012 - 31 March 2012 |
1 January 2012 |
| 1 April 2012 - 30 June 2012 |
1 April 2012 |
| 1 July 2012 - 30 September 2012 |
1 July 2012 |
| 1 October 2012 - 31 December 2012 |
1 October 2012 |
|
| 47. |
The Offer is a brokerage fee waiver applicable to U.S. stocks transactions which are
effected via HSBC Stock Express (www.hsbc.com.hk/stockexpress), HSBC Mobile
Banking (www.hsbc.com.hk) or HSBC Manned Phonebanking Service (for HSBC
Premier and HSBC Advance customers only) through the Eligible Investment Account
within 30 calendar days upon its U.S. stock trading service activation date (the "Eligible
Period") (the "Eligible Transactions"). The U.S. stock trading service activation date is
the later date between the creation dates of W-8BEN Form and NYSE Market Data
Agreement according to the Bank record. |
| 48. |
Eligible Customers will enjoy $0 brokerage fee for all Eligible Transactions until the total
cumulative standard brokerage fee reaches HK$2,500 for HSBC Advance Eligible
Customers. All subsequent transactions will be subject to standard brokerage fees
(minimum brokerage fee per transaction for the first 1,000 shares: HSBC Stock Express
/ HSBC Mobile Banking - US$18; HSBC Manned Phonebanking Service - US$38).
Example (HSBC Advance Eligible Customer):
The Eligible Customer has successfully activated the U.S. stock trading service of an Eligible
Investment Account on 3 January 2012 and conducts the following Eligible Transactions
during the Eligible Period:
| Trade date |
Transaction Channel |
No. of shares |
Standard brokerage fee |
Waived brokerage fee |
| 6 January 2011 |
Stock Express |
15,000 |
US$228 x $7.8 = HK$1,778.4 |
HK$1,778.4 |
| 20 January 2011 |
Manned Phonebanking |
10,000 |
US$173 x $7.8 = HK$1,349.4 |
HK$721.6 (subject to cap) |
| 26 January 2011 |
Mobile Banking |
500 |
US$18 x $7.8 = HK$140.4 |
n/a (over cap) |
| 10 February 2012 |
Manned Phonebanking |
800 |
US$38 x $7.8 = HK$296.4 |
n/a (not within Eligible Period) |
| Total |
|
26,300 |
HK$3,564.6 |
HK$2,500 |
|
| 49. |
The standard brokerage fees will be deducted upfront and the portion of waived
brokerage fees will be reimbursed to the settlement account of Eligible Investment Account
within 12 months upon its U.S. stock trading service activation date. Eligible Customers
must not terminate or downgrade these accounts within 12 months in order to enjoy this
Offer. |
| 50. |
The waived brokerage fees will be converted to and paid in Hong Kong dollars at a prevailing exchange rate designated by the Bank from time to time. |
| 51. |
Other transaction fees/charges still apply. These include, without limitation, SEC fee
(for sell transaction only) and American Depository Receipt (ADR) Fee. |
| 52. |
Each Eligible Customer will be entitled to the Offer once only. If customer is eligible to
more than one concurrently running U.S. stock promotional offers, the Bank reserves the
right to award only the offer deemed to be of higher value at the Bank's discretion. |
|
| (E) |
Specific Terms and Conditions for Retail Bonds Offers |
|
| 53. |
All remarks and footnotes stated in the promotional materials are intended to serve as part
of the promotional terms and conditions. |
| 54. |
All offers under this promotion are provided subject to the prevailing regulatory requirements. |
| 55. |
All the terms and conditions listed above are governed by and construed in accordance with
the laws of HKSAR. |
| 56. |
The Offer is effective from 1 January 2012 to 31 December 2012, both dates inclusive
(the "Promotional Period"). |
| 57. |
The Offer is applicable to customers who successfully open a new Integrated Account - HSBC Advance and a new HSBC Advance Investment Services Account, as the sole or principal account holder during the Promotional Period (the "Eligible Customers")
(the "Eligible Investment Account"). |
| 58. |
Customer who is currently holding or has terminated any HSBC investment account with
account suffix 380, 381, 388 or 391-394 within six months prior to the specific dates listed in
the below table will not be eligible for this Offer:
| Eligible Investment Account opening date |
Six months prior to below specific dates |
| 1 January 2012 - 31 March 2012 |
1 January 2012 |
| 1 April 2012 - 30 June 2012 |
1 April 2012 |
| 1 July 2012 - 30 September 2012 |
1 July 2012 |
| 1 October 2012 - 31 December 2012 |
1 October 2012 |
|
| 59. |
The Offer is a cash rebate equivalent to 0.1% on the total nominal value of any bonds
purchases (excluding Bonds initial public offering and Certificates of Deposit) successfully
executed via HSBC Personal Internet Banking (www.ebanking.hsbc.com.hk), HSBC
Phonebanking Service or HSBC branches through the Eligible Investment Account within 30
calendar days upon its account opening date. The cash rebate is subject to a maximum of
HK$500 for HSBC Advance Eligible Customers. |
| 60. |
The cash rebate will be converted to and paid in Hong Kong dollars at a prevailing exchange
rate designated by the Bank from time to time. The rebate amount will be credited to the
settlement account of the Eligible Investment Account within 12 months upon account
opening. Eligible Customers must not terminate or downgrade these accounts within 12
months in order to enjoy this Offer. |
| 61. |
Each Eligible Customer will be entitled to the Offer once only. If customer is eligible to
more than one concurrently running retail bond promotional offers, the Bank reserves the
right to award only the offer deemed to be of higher value at the Bank's discretion. |
Risk disclosure |
| Retail Bonds |
| 1. |
Bonds are mainly for medium to long term investment, not for short term speculation.
You should be prepared to invest your funds in bonds for the full investment tenor; you
could lose part or all of your investment if you choose to sell your bonds prior to maturity. |
| 2. |
It is the issuer to pay interest and repay principal of bonds. If the issuer defaults, the holder
of bonds may not be able to receive back the interest and principal. The holder of bonds bears
the credit risk of the issuer and has no recourse to HSBC unless HSBC is the issuer itself. |
| 3. |
Indicative bonds prices are available and bonds prices do fluctuate when market changes.
Factors affecting market price of bonds include, and are not limited to, fluctuations in
interest rates, credit spreads, and liquidity premiums. The fluctuation in yield generally has a
greater effect on prices of longer tenor bonds. There is an inherent risk that losses may be
incurred rather than profit made as a result of buying and selling bonds. |
| 4. |
If you wish to sell the bonds purchased through HSBC, HSBC may repurchase them based
on the prevailing market price under normal market circumstances, but the buying price
may differ from the original selling price due to changes in market conditions. |
| 5. |
There may be exchange rate risks if you choose to convert payments made on the bonds to
your home currency. |
| 6. |
The secondary market for bonds may not provide significant liquidity or may trade at prices
based on the prevailing market conditions and may not be in line with the expectations of
the bond holders. |
| 7. |
If a bond is early redeemed, you may not be able to enjoy the same rates of return when
you re-invest the funds in other investments. |
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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 information in this document does not constitute a solicitation for the making of any deposit or investment in any products referred to herein. 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 circumstances. This material has not been reviewed by the Securities and Futures Commission of Hong Kong.
Issued by The Hongkong and Shanghai Banking Corporation Limited
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