Terms and Conditions for CMB Wing Lung New Customer Promotion

General Terms and Conditions:

  1. The promotion (the “Offer”) period for the Offer is from 7 January 2021 to 31 March 2021, both dates inclusive (the “Promotion Period”).
  2. The promotion is only applicable to single and joint name deposit account.
  3. The Offer is only applicable to customer who makes appointment for account opening via CMBWLB Wintech mobile application (the “Wintech”) and opens a CMB Wing Lung Bank (the “Bank”) deposit account during the Promotion Period, and did not hold any single or joint name deposit account in the preceding 12 months, except holding of CMB Wing Lung Credit Card (the “New Customer”).
  4. New Customer will be entitled to the Offer once only during the Promotion Period.
  5. If the New Customer is entitled to the Offer in conjunction with other promotional offer during the Promotion Period, the Bank reserves the right to grant the New Customer one of or part of the entitled Offer.
  6. Monthly Maintenance Fee is applicable to the Bank’s deposit account. For details, please refer to the Bank’s General Banking and CMB Wing Lung Sunflower Service Charges.
  7. The Bank reserves the right to vary, extend, terminate and/or cancel any of the Offer(s) or to amend any of the Terms and Conditions herein from time to time. In case of any disputes, the Bank’s decision shall be final and binding.
  8. In case of any discrepancy between the Chinese and the English versions of these Terms and Conditions, the Chinese version shall prevail.

Terms and Conditions for Wintech Fixed Deposit e-Offer (the “e-Offer):

  1. New Customer who logs in to Wintech within the same calendar month upon opening deposit account will be entitled to the e-Offer.
  2. The e-Offer includes:
    • 3 month CNY fixed deposit up to 2.1% p.a. The principal amount should be not less than CNY10,000 and not more than CNY3,000,000; and
  3. The e-Offer will be provided in e-coupon format when New Customer first logged in to Wintech. The e-coupon will be available in 30 days after distribution date. New Customer must redeem e-coupon in Wintech to set up fixed deposit.
  4. For reference only (the actual annualized fixed deposit interest rate is subject to the date of fixed deposit established)
    The above-mentioned annualized fixed deposit interest rate offer is based on the branch annualized fixed deposit interest rate announced by the Bank on 6 January 2021. And this is computed based on the 3 months CNY 100,000 or above annualized fixed deposit interest rate on that day plus an additional annualized fixed deposit interest rate of 1.1%.

Risk Disclosure Statement

The above information is for reference only and does not constitute and should not be regarded as any offer to purchase or sell. Foreign exchange involves risks. 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 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)