US Stocks Offer for New Customer Terms and Conditions
Brokerage Rebate of Buying US Stocks for New Customer
- The promotional period of Brokerage rebate offer for buying US Stocks (“this Offer”) is from
1st April 2022 to 31st December 2022 (“Promotion Period”).
- This Offer is applicable to securities customers of CMB Wing Lung Bank (“the Bank”) who register US
Securities Services within the promotion period, and have not registered US Securities Services before
1st April 2022 (“Eligible Customer”).
- Eligible Customer who conducts US Stocks buy transaction via CMBWLB Wintech mobile application
(“Wintech”) or NET securities services (“Eligible Transaction”) within the calendar month of successful
registration on US Securities Services and the following two calendar months (“first 3 calendar months”)
(“Rebate Period”) can enjoy US Stocks buy brokerage rebate within the Rebate Period (“Brokerage
Rebate”). Each eligible customer can enjoy the maximum Brokerage Rebate of USD300 within the promotion
period.
- Trading US Stocks via Wintech or NET Securities Services, the brokerage rate is 0.25%, minimum brokerage
is USD15.
- Eligible Customer shall pay brokerage first in full according to the pre-defined brokerage rate of
Securities Account. The Bank will calculate the Brokerage Rebate after the rebate period. The relevant
Brokerage Rebate (if any) will be deposited to the securities account in USD of the Eligible Customer
within the next calendar month after the rebate period. All securities accounts and the settlement
accounts of the Eligible Customer must be valid still when Brokerage Rebate is deposited.
- Eligible Customer cannot enjoy other offers related to securities services such as brokerage, cash,
interest or (electronic) coupon rebate or other offers offered by the Bank simultaneously. The Bank will
calculate the rebate/ (electronic) coupon amount of each offer applied on an individual account each
calendar month for comparison, only one of the offers with the highest value will be given to the
Eligible Customer. The Bank's decision shall be final and conclusive.
General Terms and Conditions:
- (Applicable to Margin Securities Trading Account) If the Margin Securities Trading Account was
liquidated forcibly by the Bank during the Promotional Period (e.g. the account maintains insufficient
margin causing the Bank to liquidate forcibly of all or part of the securities), such account will not
be eligible for any offer or brokerage rebate from that calendar month.
- Eligible Customer trading US Stocks is also required to pay for other transaction fees including but not
limited to transaction fees collected by overseas stock exchange or stock brokers, settlement fees
charged by overseas securities clearing system, services fees charged by securities custody or
securities transaction sales tax charged by overseas Government, etc. If there is any update, the Bank
will charge customers according to the latest charge schedule determined by corresponding organization.
For details, please refer to Global Securities Trading Services Charges Schedule of the Bank.
- The Bank reserves the right to suspend, amend, terminate or cancel any offers, rewards, brokerage rebate
and/or amend these Terms and Conditions at any time without further notice. Should there be any disputes
of the Terms and Conditions of This Offer, the Bank reserves the final right of explanation and
decision. For details of these Terms and Conditions, service charges and promotional offers of the
Bank's securities services, please refer to the relevant promotional leaflets, Securities Services
Charges on the General Banking and CMB Wing Lung Sunflower Service Charges and Global Securities Trading
Services Charges Schedule.
- In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the
Chinese version shall prevail.
Warning: To borrow or not to borrow? Borrow only if you can repay!
Risk disclosure:
The above information is for reference only and does not constitute and should not be regarded as any offer
to purchase or sell. Investment involves risks and the price of securities may fluctuate or even become
worthless. Losses may be incurred rather than making a profit as a result of dealing in securities. You
should carefully and independently consider whether the securities are suitable for you in light of your
investment experience, objectives, financial position and risk profile. This advertisement has not been
authorized by the Securities and Futures Commission. Independent professional advice should be obtained if
necessary. Please read the relevant terms and conditions together with the risk disclosure statements in the
General Conditions for Accounts and Services before making any investment decisions.
The risk of loss associated with the volatile movement in foreign exchange market can be substantial.
Participants should have a thorough understanding of the market and should be aware of the risk of foreign
exchange investment.
Statement:
According to the Personal Data (Privacy) Ordinance, you may, at any time and without charge,
choose not to receive our future promotional materials. Please click here or inform us in writing in case of such a
request to the Data Protection Officer. (Address: The Data Protection Officer, CMB Wing Lung Bank Limited,
45 Des Voeux Road Central, Hong Kong. Fax no. 2782 3895)
CMB Wing Lung Bank Limited