Promotional Terms and Conditions of Securities Savings Scheme: First 6 Months Waiver of Buying Transaction Fee:

  1. The promotional period of Securities Savings Scheme: First 6 Months Waiver of Buying Transaction Fee ("this Offer") is from 1st January 2019 to 30th June 2019 (both dates inclusive) ("the Promotional Period").
  2. This Offer is only applicable to customer who holds Cash Securities Account of CMB Wing Lung Bank ("the Bank") ("Eligible Customer").
  3. Eligible Customer who sets up Eligible Scheme (please refer to clause 4 of this Terms and Conditions for definition of Eligible Scheme) and make the first contribution successfully during the Promotional Period can enjoy first 6 months waiver of buying transaction fee. Eligible Customer can enjoy the waiver of buying transaction fee for a consecutive 6 months counted from the first contribution of the Eligible Scheme ("Rebate Period"). If Eligible Customer starts the contribution from February 2019, the Rebate Period will be from February 2019 to July 2019. If Eligible Customer cannot make the contribution successfully in any month during the Rebate Period, this Offer will not be applicable in that month, but will still be applicable to the remaining 5 months. The Rebate Period will not be extended; the end of the Rebate Period for the above example will still be July 2019.
  4. Eligible Scheme refers to the first Securities Savings Scheme set up by Eligible Customer during the Promotional Period. Eligible Customer needs to make the first contribution successfully for the first contribution month determined by Eligible Customer when setting up Securities Savings Scheme and should not cancel any Securities Savings Scheme starting from 1st January 2019 in order to enjoy this Offer. Eligible Customer can only enjoy this Offer for one Securities Savings Scheme, if Eligible Customer set up more than one Securities Savings Scheme at the same time, the stock with the earliest payment date or the smallest stock code (if same payment date) will be treated as the Eligible Scheme. The Bank shall have the final decision on the Eligible Scheme.
  5. If Eligible Customer has already maintained a Securities Savings Scheme before 1st January 2019 but sets up another Securities Savings Scheme of another stock during the Promotional Period, the newly setup Securities Savings Scheme will also be eligible for this Offer.
  6. This Offer will be provided by first pay and rebate method. Eligible Customer has to pay the buying transaction fee (HKD50 per scheme per calendar month) first. The Bank will deposit the amount of rebate during the Rebate Period to the settlement account of the Eligible Customer within the next calendar month ("Rebate").
  7. The maximum amount of Rebate for each Eligible Customer is HKD50 per calendar month. The total maximum amount of Rebate during the Rebate Period is HKD300.
  8. Securities Account(s) and settlement account(s) of the Eligible Customer must be still valid when Rebate is deposited by the Bank. If Eligible Customer cancels any Securities Savings Scheme during the Promotional Period, the Rebate will not be given starting from that calendar month.
  9. During the Rebate Period, "Transaction Fee Refund" or "Commission Rebate" of Securities Savings Scheme are not simultaneously applicable to Eligible Scheme. For more details of "Transaction Fee Refund" or "Commission Rebate", please refer to the Bank’s website.
  10. For more details of Securities Savings Scheme, please refer to the Bank’s website.
  11. 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 this Offers and these promotional terms and conditions, the Bank shall have the final right of explanation and decision and is conclusively binding.
  12. For details of the Terms and Conditions, service charges and promotional offers of the Bank's Securities Services, please refer to the relevant promotional leaflets and Securities Services Charges on the General Banking and CMB Wing Lung Sunflower Service Charges.
  13. In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the Chinese version shall prevail.

Enquiry Hotline: 230 95555

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.

Declaration

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)