Fabulous Investment Fund and Bong Transfer-in

Fabulous Investment Fund and Bong Transfer-in

CMB Wing Lung Bank (“the Bank”) provides you with comprehensive wealth management services to cater for your different investment needs. From now till 28 June 20131, customer who transfers investment fund or bond from other financial institutions to the Bank can enjoy the following fabulous offers:

Offer 1: Up to HKD10,000 Investment Fund Transfer-In Offer 

By submitting any investment fund transfer-in instruction to the Bank during the Promotion Period, you can enjoy HKD 100 cash rebate for every HKD 100,000 accumulated investment fund transfer-in amount, up to a maximum cash rebate of HKD 10,000.

Offer 2: Up to HKD8,000 Bond Transfer-In Offer3

By submitting any bond transfer-in instruction to the Bank during the Promotion Period, you can enjoy cash rebate when the bond transfer-in amount reaches the following accumulated amount, up to a maximum cash rebate of HKD 8,000.

  Cash Rebate
Accumulated amount of HKD 3,000,000 HKD 1,000
Every HKD 1,000,000 thereafter HKD 500

Terms and Conditions:
  1. The Promotion Period is valid from 15 April 2013 to 28 June 2013, both dates inclusive ("Promotion Period"). The offers are applicable to relevant instruction received and accepted by CMB Wing Lung Bank ("the Bank") on or before the cut-off time on 28 June 2013.
  2. Investment Fund Transfer-In Offer (Offer 1)
    1. Investment Fund Transfer-In Offer is eligible for a customer who successfully transfers the holdings of investment fund to the Wealth Management Account held by the customer with the Bank from other financial institution(s) on or before 31 July 2013.
    2. This offer is only applicable to open-ended funds distributed and designated by the Bank, excluding money market funds.
    3. The Bank only accepts transfer-in from account(s) held in other financial institution(s) by the same customer, including transfer-in from a single account to a joint account of the customer, and vice versa.
    4. A Wealth Management Account is entitled to the Investment Fund Transfer-In Offer of HKD 100 cash rebate for every HKD 100,000 accumulated market value of successful investment fund transfer-in(s). The market value is calculated by the fund price on the transfer-in completion date. Each Wealth Management Account can enjoy a maximum of HKD 10,000 cash rebate. If the investment fund is settled in foreign currency, the HKD equivalent will be calculated according to the exchange rate determined by the Bank at its sole discretion on 31 July 2013.
    5. If the investment fund transfer-in(s) is/are transferred to other financial institution(s) by the customer within 12 months after the transfer-in completion date, the Bank reserves the right to revoke the Investment Fund Transfer-In Offer by debiting the amount equivalent to the entitled cash rebate from his/her settlement account immediately.
    6. All investment fund transfer-in applications are subject to the final approval of the Bank at its sole and absolute discretion.
    7. An investment fund transfer-in can be conducted will depend on whether the fund house(s), fund manager(s) and/or trustee(s) of the relevant investment fund consents to such transfer, and/or it is subject to any other applicable restriction. Any fees charged by the relevant financial institution(s) in respect of the transfer shall be borne by the customer.
    8. Holdings of any investment funds transferred to the Bank have to be registered and held in the name of the Bank's nominee.
  3. Bond Transfer-In Offer (Offer 2)
    1. Bond Transfer-in Offer is eligible for a customer who successfully transfers the holdings of a bond to the Wealth Management Account held by the customer with the Bank from other financial institution(s) on or before 31 July 2013.
    2. This offer is only applicable to bonds designated by the Bank, for details of the designated bonds, please contact our staff for enquiry.
    3. The Bank only accepts transfer-in from account(s) held in other financial institution(s) by the same customer, including transfer-in from a single account to a joint account of the customer, and vice versa.
    4. Bond Transfer-in Cash Rebate Offer：The offer is calculated using the face value of bonds successfully transferred in the same Wealth Management Account. During the Offer Period, accumulated transfer in amount of HKD 3,000,000 can enjoy HKD 1,000 cash rebate, every accumulated transfer in amount of 1,000,000 thereafter can enjoy a HKD 500 cash rebate. The cash rebate is capped at HKD 8,000 for each Wealth Management Account.
    5. Bond Transfer-In Fee Waiver： Bonds transferred in during the Offer Period can enjoy Bond Transfer-in Fee Waiver by the Bank.
    6. Cash rebate is calculated in Hong Kong Dollars. If the bond is settled in foreign currency, the HKD equivalent will be calculated according to the exchange rate determined by the Bank at its sole discretion on 31 July 2013.
    7. If the bond transfer-in(s) is/are transferred to other financial institution(s) by the customer within 12 months after the transfer-in completion date, the Bank reserves the right to revoke the Bond Transfer-In Offer by debiting the amount equivalent to the entitled cash rebate from his/her settlement account immediately.
    8. A bond transfer-in can be conducted will depend on whether the custodian of the relevant bond consents to such transfer, and/or it is subject to any other applicable restriction. Any fees charged by the relevant financial institution(s) in respect of the transfer shall be borne by the customer.
  4. Cash rebate will be credited to customer's HKD settlement account on or before 30 August 2013. Customers must still hold a valid Wealth Management Account and a HKD settlement account when the cash rebate is credited. If customer holds more than one HKD settlement accounts, the Bank will select the one with the latest account opening date.
  5. The above offers cannot be used in conjunction with any other offers.
  6. The Bank reserves the right to amend or terminate the above offers or amend the terms and conditions thereof at any time without prior notice. In the event of any dispute, the decision of the Bank shall be final.

Important Notice:
  • This is an investment product and some may involve derivatives. The investment decision is yours but you should not invest in the investment product 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.

Risk Disclosure Statement:
  • The above information is for reference only and does not constitute and should not be regarded as any recommendation, offer or solicitation to purchase or sell any investment products. Investment involves risks and the price of investment products may fluctuate or even become worthless. Past record is not an indicator of future performance. Losses may be incurred rather than making a profit as a result of investment. You should carefully and independently consider whether the investment products are suitable for you in light of your investment experience, objectives, financial position and risk profile. Independent professional advice should be obtained if necessary. Please read the relevant terms and conditions together with the risk disclosure statements in the prospectus of the investment product before making any investment decisions. The above information has not been authorized by the Securities and Futures Commission.

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