HSBCThe world's local bank
Important Risk Warning：
1. Some of the investment products are Structured Investment 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. Unit Trusts, Bonds, Certificates of Deposit (CDs), Structured Investment Products and the investment-linked insurance plan are NOT equivalent to time deposits. Unit Trusts are investment products and some may involve derivatives.
3. 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.
4. 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).
5. Issuer's Risk – Bonds, CDs, Structured Investment 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.
6. Investors should not make investment decisions base on this material alone.
7. Investment involves risks. 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 individual product materials / offering documents.
8. 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 the exchange rate in which you made your original conversion to RMB, you may suffer loss in principal.
9. RMB is currently not freely convertible and subject to regulatory restrictions. 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.
10. 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.
11. Additional risks are disclosed in the "Risk Disclosure" section. Please refer to "Risk Disclosure" section for details (if applicable).

Structured Investment 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 information in this document does not constitute a solicitation for making 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.



Promotional Terms and Conditions

General Terms and Conditions

1. The promotional period is from 12 June 2012 to 27 July 2012, 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 direct mailer specifically addressed.
3. To enjoy the promotional offer(s) (the "Offers") under this promotion, a customer must successfully (where applicable) upgrade to the Integrated Account - HSBC Premier (the "Account") as the sole/principal account holder during the Promotional Period and fulfills all other criteria below mentioned ("Eligible Customer").
4. Existing customers of Integrated Account - HSBC Premier (including sole account holder and all joint account holders) or customers who have terminated their Integrated Account - HSBC Premier from 1 September 2011 to 11 June 2012 (both dates inclusive) are not eligible for the welcome offer(s) under this promotion.
5. For joint Accounts, only the principal accountholder is entitled to this promotional offer.
6. The dates and amounts appearing in the Bank's record 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.
7. Unless specified below, Eligible Customer shall receive SOGO cash coupons ("Shopping Coupons"). The Shopping Coupons will be mailed on or before 31 December 2012 to each Eligible Customer's local correspondence address according to the Bank's record at the time of mailing. Shopping Coupons are 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. Eligible Customers who terminate or convert their Account to an Integrated Account – HSBC Advance / SmartVantage before the Shopping Coupons are mailed out will not be eligible for the promotional offers.
9. The Shopping Coupon is available while stock lasts. The Bank reserves the right to replace the Shopping Coupons with alternative gifts without prior notice. The Shopping Coupons offered under this promotion (or any alternative gifts) 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 Shopping Coupons in this promotion.
10. Eligible Customers who are entitled to the welcome offer under this promotion and other offers under concurrent promotions, run by the Bank in respect of opening (or, where applicable, converting to) an Integrated Account – HSBC Premier, will only be entitled to receive ONE offer that is of the highest value to the customer at the Bank's discretion.
11. Selected Customers under this promotion can enjoy a waiver of the Below Balance Fee for the first three months after upgrading to HSBC Premier. Afterwards, if a customer's average Total Relationship Balance over previous three months is below HK$1,000,000 (or the equivalent in foreign currency), the Below Balance Fee of HK$380 per month will be levied. Please refer to the HSBC Premier Welcome Pack which is available at branches/on the Bank's webpage for more details.
12. If Eligible Customers terminate or convert their Account to other account type 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 other Account maintained with the Bank without further notice.
13. The Offers are provided subject to the prevailing regulatory requirements. In the event of a dispute arising out of this promotion, the decision of the Bank shall be final and conclusive.
14. The Bank reserves the right to change these Terms and Conditions at any time and the offers may be withdrawn by the Bank at its discretion without prior notice.
15. Employees of the Bank are not eligible for the Offers.
16. All remarks and footnotes stated in the direct mailer are intended to serve as part of these promotional terms and conditions.
17. All the terms and conditions listed above are governed by and construed in accordance with the laws of Hong Kong Special Administrative Region.
18. If there is any discrepancy between the Chinese and English versions of these terms and conditions, the English version shall prevail.

(A) First three-month below balance fee waiver ("the Fee Waiver")
Eligible Customers shall enjoy below balance fee waiver for the first three months after the Account is converted. After the end of the Fee Waiver offer, HSBC Premier customer is subject to a monthly below balance fee of HK$380 if the Total Relationship Balance falls below HK$1,000,000 over the past three months. The monthly Below Balance Fee applies to each Integrated Account.

(B) Specific Terms and Conditions for joining HSBC Premier ("Welcome Offer")

Welcome Offer of HK$200 worth of Shopping Coupon will be offered to each Eligible Customer who meets the criteria listed in Clauses (i) and (ii) below:

(i) successfully upgrade to HSBC Premier with a Total Relationship Balance ("TRB") of HK$1,000,000 or above (or equivalent in foreign currency) during the Promotional Period AND
(ii) maintain a monthly TRB of HK$1,000,000 or above (or equivalent in foreign currency) until the last day of the third calendar month after the upgrading to HSBC Premier

Account converted in June 2012 Account converted in July 2012
Maintain a monthly TRB of HK$1,000,000 or above
(or equivalent in foreign currency) until:		 30 September 2012 at 11:59pm 31 October 2012 at 11:59pm

Total Relationship Balance ("TRB")a is the daily average balance taking 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.

    (C) Specific Terms and Conditions for bringing in New Funds ("New Funds Offer")

    New Funds Offer will be offered to each Eligible Customer who meets the criteria listed in Clauses (i) and (ii) below:

    (i) successfully upgrade to HSBC Premier during the Promotional Period (fulfills the requirements stated in part (B) above), AND
    (ii) bring in Net Incremental New Funds of HK$100,000 or above (or equivalent in foreign currency) to the Account during the Promotional Period AND maintain the net increase until the last day of the third calendar month after the upgrading to HSBC Premier. Each Eligible Customer will be entitled to receive HK100 worth of Shopping Coupon for bringing in Net Incremental New Funds of HK$100,000. Each Eligible Customer is entitled to enjoy New Funds Offer once during the Promotional Period. The maximum amount of Shopping Coupons each Eligible Customer is entitled to under this offer is HK$400 worth of Shopping Coupons, for bringing in a total of HK$400,000 Net Incremental New Funds. The Net Incremental New Funds refers to the net growth in the Eligible Customer's Total Relationship Balance (TRB). Details as below :

    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 converted in June 2012 12 June to 30 June 2012 30 September 2012 Difference between the customer's TRB in the month of May 2012 and September 2012
    Account converted in July 2012 1 July to 27 July 2012 31 October 2012 Difference between the customer's TRB in the month of June 2012 and October 2012

    The examples below illustrate the calculation of Net Incremental New Funds and the corresponding offers that an Eligible Customer will be entitled to:
    Example: If the Eligible Customer upgrades the Account in June 2012 and the customer is entitled to Welcome Offer of HK$200 Shopping Coupon (as stated in Terms and Conditions part (B) above)

    TRB in the month of May 2012 (a) TRB in the month of September 2012 (b) Net increase in TRB
    (b) – (a) = (c)     		Total amount of Shopping Coupons entitled
    HK$1,000,000 HK$1,000,000 HK$1,000,0000 - HK$1,000,000 = HK$0 HK$200
    HK$1,000,000 HK$1,500,000 HK$1,500,000 - HK$1,000,000 = HK$500,000 HK$600

    (D) Specific Terms and Conditions for Opening a Secured Overdraft Account

    1. A Customer who has successfully applied and is granted a secured credit facility during the Promotional Period and with cash withdrawal of at least 24 hours on or before 3 August 2012 (the "Eligible Customer") will, subject to the terms herein, be eligible for HK$50 worth of Shopping Coupons. Each Eligible Customer is entitled to this offer once only under this promotion. This offer is not applicable to the new secured credit facility setup with same account number of the existing secured credit facility.
    2. The Bank reserves the right to request any information relating to a Customer for the evaluation of the secured credit facility application.
    3. The approval of secured credit facility application and the credit limit granted shall be at sole discretion of the Bank. The secured credit facility, if granted, will be subject to the relevant provisions in the Integrated Account Terms and Conditions.

    Privacy and Security | Terms of Use | Hyperlink Policy © Copyright. The Hongkong and Shanghai Banking Corporation Limited 2002-2012. All rights reserved