Terms and Conditions

1. Investment Fund Transfer-In Promotion Offer ("this Offer”) is valid from 1^st March 2019 to 30^th September 2019 (the “Promotional Period”) , and this Offer is separated into 2 stages :
   • ● First Stage: 1^st March 2019 to 29^th June 2019, both days inclusive (“Promotional Period 1”)
   • ● Second Stage: 1^st July 2019 to 30^th September 2019, both days inclusive (“Promotional Period 2”)
2. Customer who submits an investment fund transfer-in instruction to CMB Wing Lung Bank (“the Bank”) during each stage of the Promotional Period and successfully transfers investment funds to the Bank can enjoy this Offer (“Eligible Customer”).
3. During each stage of the Promotional Period, each Eligible Customer who transfers in investment funds to the Bank can enjoy HKD200 cash rebate with every accumulated market value (“Accumulated Transfer-in Market Value”) of HKD100,000. The Eligible Customer can enjoy additional HKD500 cash rebate for Accumulated Transfer-in Market Value of HKD1,000,000 or above during each stage of the Promotional Period. Each Eligible Customer can enjoy up to HKD10,000 cash rebate during each stage of Promotional Period.
4. The Accumulated Transfer-in Market Value and amount of cash rebate are calculated on the basis of Customer Number, and will be re-calculated during each stage of the Promotional Period.
5. Applicable to Promotional Period 1: 1^st March 2019 to 29^th June 2019
   a. The eligible customer who submits investment fund transfer-in instruction during Promotional Period 1 and successfully transfers in investment funds from other financial institution(s) to the Wealth Management Account with the Bank on or before 31^st July 2019 is entitled to this Offer.
   b. The cash rebate is calculated in HK Dollar. If the settlement currency of the fund is in HK Dollar, the Accumulated Transfer-in Market Value will be calculated according to the fund price on the day of transfer-in to the Bank. If the settlement currency is not in HK Dollar, the Accumulated Transfer-in Market Value will be calculated into HK Dollar equivalent according to the fund price on the day of transfer-in to the Bank and the exchange rate of the Bank on 31^st July 2019 (determined by the Bank at its sole discretion).
   c. The cash rebate will be credited into the HKD settlement account of the Eligible Customer on or before 31^st August 2019. The Eligible Customer must still hold a valid Wealth Management Account and a HKD settlement account when the cash rebate is credited. If the Eligible Customer holds more than one HKD settlement account, the Bank shall have sole discretion to determine which settlement accounts the cash rebate will be credited into.
6. Applicable to Promotional Period 2: 1^st July 2019 to 30^th September 2019
   a. The eligible customer who submits investment fund transfer-in instruction during Promotional Period 2 and successfully transfers in investment funds from other financial institution(s) to the Wealth Management Account with the Bank on or before 31^st October 2019 is entitled to this Offer.
   b. The cash rebate is calculated in HK Dollar. If the settlement currency of the fund is in HK Dollar, the Accumulated Transfer-in Market Value will be calculated according to the fund price on the day of transfer-in to the Bank. If the settlement currency is not in HK Dollar, the Accumulated Transfer-in Market Value will be calculated into HK Dollar equivalent according to the fund price on the day of transfer-in to the Bank and the exchange rate of the Bank on 31^st October 2019 (determined by the Bank at its sole discretion).
   c. The cash rebate will be credited into the HKD settlement account of the Eligible Customer on or before 30^th November 2019. The Eligible Customer must still hold a valid Wealth Management Account and a HKD settlement account when the cash rebate is credited. If the Eligible Customer holds more than one HKD settlement account, the Bank shall have sole discretion to determine which settlement accounts the cash rebate will be credited into.
7. Applicable to Promotional Period 1 and Promotional Period 2
   a. The Bank only accepts investment fund transfer-in from the same-name account(s) held in other financial institution(s) by customers. Same-name transfer also refers to customers having investment fund transfer-in from a personal account to a joint-name account held by the same customer and vice versa.
   b. This Offer is only applicable to open-end funds distributed and designated by the Bank, excluding the money market funds.
   c. If the investment fund(s) transferred-in is/are transferred to other financial institution(s) by the Eligible Customer within 12 months after the transfer-in completion date, the Bank reserves the right to revoke the Investment Fund Transfer-In Promotion Offer by debiting the amount equivalent to the entitled cash rebate from the settlement account of the Eligible Customer immediately.
   d. Whether an investment fund transfer-in can be conducted will depend on the consent of the fund house(s), fund manager(s) and/or trustee(s) of the relevant investment fund on such transfer, and/or whether 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 Eligible Customer.
   e. Investment fund transfer-in instructions are subject to the final approval of the Bank at its sole and absolute discretion.
   f.  Any investment fund transferred to the Bank have to be registered and held in the name of the Bank’s nominee.
   g. This Offer cannot be used in conjunction with any other offer.
   h. The Bank reserves the right to amend or terminate this Offer 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.