| You need to read this document. |
| It sets out specific terms and conditions on which we agree to provide you with any of the products and services under the Personal Banking Privileged Plan (the “Plan”) Promotion. You must read it in conjunction with our Client Terms, and the applicable documents referred to in Part A of Client Terms (including the Current/Cheque/Savings Account and Time Deposit Account Terms, product brochure, Important Notes and promotional terms (if applicable)) and any other documents forming our banking agreement. The banking agreement is available to you at any of our branches or our website at www.sc.com/hk. If there is any inconsistency between the approval (if any) and any other part(s) of our banking agreement, then the terms in the approval prevails. These terms do not apply to any existing product(s) and service(s) you have with us to the extent that they are subject to separate terms and conditions.
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| Promotion Terms and Conditions for Personal Banking Privileged Plan |
| A. General Terms and Conditions |
| 1. |
The promotion period is from 1 July 2016 to 30 September 2016, both dates inclusive (the “Promotion Period”). The promotion consists of offers as set out in Sections B-H (each an “Offer”, collectively “Offers”). |
| 2. |
Client will be entitled to the Offers as specified under Sections B-H below only once during the Promotion Period. If clients use or set up the relevant banking service account under joint name status, only the Primary Account Holder will be eligible to enjoy the Offer(s). |
| 3. |
If the client is entitled to the following Offers in conjunction with other promotional offers, Standard Chartered Bank (Hong Kong) Limited (the “Bank”) reserves the right to grant the client one of or part of the entitled offers. |
| 4. |
Unless otherwise specified, the Offers under Sections B and C are applicable only to client who has not been a Personal Banking Privileged Plan (formerly known as Preferred Banking) or Priority Banking client in the preceding 12 months from the date of the Plan sign-up. |
| 5. |
If the relevant account balance, transaction amount or transaction fee (or premium under any life assurance basic plans) is denominated in foreign currency, for the purpose of calculating any entitlement under the Offer(s), the Bank’s exchange rate (or exchange rate determined by Prudential Hong Kong Limited (a member of Prudential plc group) (“Prudential”) for insurance premium) quoted at its discretion from time to time will be adopted for converting the relevant account balance (or insurance premium) from the foreign currency to HKD equivalent, which will then be used to calculate the Offer entitlement. |
| 6. |
Eligible client’s subscription for the Plan and the relevant banking products and services mentioned under Clause 1(a) of Section B must remain valid at the time of the Cash Rebate, Reward or Coupon is credited or delivered to the client under the Offers below. Otherwise, the Cash Rebate, Reward or Coupon under the relevant Offer(s) will be forfeited absolutely and not to be provided to the client through any other means. |
| 7. |
Terms and Conditions of Asia Miles™ apply for redemption and/or use of Asia Miles. For details, please visit www.asiamiles.com. The Bank is not obliged to notify clients of any changes or latest announcements of Asia Miles. Clients understand and accept that the Bank is not supplier of the redeemed items (including Asia Miles). The Bank shall bear no liability relating to any aspect of the Asia Miles and/or redeemed items, including without limitation, their quality, the supply, the descriptions provided by the supplier, any false trade description, misrepresentation, mis-statement, omission, unauthorized representation, unfair trade practices or conduct in connection with the Asia Miles and/or redeemed items provided by the supplier, its employees, officers or agents. |
| 8. |
Each of the banking products or services set out in the Terms and Conditions is subject to respective eligibility, application process and product Terms and Conditions. For details, please contact the Bank’s staff. |
| 9. |
The deposit and balance maintenance requirements mentioned in these Terms and Conditions are part of a promotional offer for Gift, Cash Rebate or Fee Waiver (as the case may be). They are not mandatory requirements which must be met before a client may apply and be granted any banking product or service. Any one of our products or services may be applied and be granted independently. |
| 10. |
The Bank reserves the right to determine the calculation methods applied under the Offers (including in ascertaining the amount of any applicable balance requirement) and verify the client’s transaction records in considering the client’s eligibility for the Offers. In case of any disputes, the Bank’s decision shall be final and binding. |
| 11. |
The Bank reserves the right to vary, amend or terminate any of the following Offer(s) and to modify any of the Terms and Conditions below from time to time without prior notice. In case of any disputes, the decision of the Bank shall be final and binding. |
| 12. |
If there is any inconsistency or conflict between the English and the Chinese versions, the English version shall apply and prevail. |
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| B. First 4-quarter Maintenance Fee Waiver Offer (the “Fee Waiver Offer”) |
| 1. |
To enjoy the Fee Waiver Offer, client must sign up for the Plan during Promotion Period and fulfil all the requirements below (“Eligible Client"): |
| |
| a) |
Taking up or holding HKD Savings Account, HKD Current Account (or any Foreign Currency Savings Account), Standard Chartered executive Credit Card or Standard Chartered Asia Miles MasterCard, Standard Chartered ATM Card, and Online Banking Services (or Phone Banking Services) upon the Plan sign-up. Client must complete the registration of Online Banking Services or use the Phone Banking Services at least once within 2 weeks from the date of signing up for the Plan; and
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| b) |
Meet the entry Relationship Balance (see Important Notes below) requirement within 2 weeks from the date of signing up for the Plan, as follows:
| Client Type |
Entry Relationship Balance Requirement |
| Payroll# client with monthly salary HK$20,000 or above |
Waived |
| Client with mortgage loan drawdown amount of HK$1.5 million or above |
| Client has Securities Account with the Bank |
HK$50,000 |
| Payroll# client with monthly salary below HK$20,000 |
HK$100,000 |
| Client with mortgage loan drawdown amount of below HK$1.5 million |
HK$200,000 |
| Client has neither payroll nor mortgage with the Bank |
# New payroll client is required to start using the auto-payroll services with the Bank within 2 months from the Plan sign-up. |
|
| 2. |
Eligible Client is required to maintain the Relationship Balance from the date of the Plan sign-up, until the designated date specified below in order to enjoy the Fee Waiver Offer:
Personal Banking Privileged Plan sign-up date
(Both dates inclusive) |
Designated Date (Inclusive) |
| 1 – 31 July 2016 |
31 October 2016
|
| 1 – 31 August 2016
|
30 November 2016
|
| 1 – 30 September 2016
|
31 December 2016
|
|
| 3. |
If the average daily Relationship Balance of the Client within the quarter falls below HK$200,000 after the expiry of the maintenance fee waiver period under the Fee Waiver Offer, a maintenance fee of HK$360 will be charged for the quarter. For details, please refer to the Service Charges booklet and Banking Terms & Conditions which can be obtained at any of our branches or at our website sc.com/hk.
The Minimum Relationship Balance requirement is as follows:
| Client Type |
Minimum Relationship Balance Requirement |
| Client with mortgage loan drawdown amount of HK$1.5 million or above |
Waived |
| Client with mortgage loan drawdown amount of below HK$1.5 million |
HK$200,000 |
| Payroll client with any payroll amount |
| Client has neither payroll nor mortgage with the Bank |
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| |
| C. Terms and Conditions for New Funds Growth Offer (“New Funds Growth Offer”) – Privilege 1 |
| 1. |
Subject to the conditions below, New Funds Growth Offer will be given to Eligible Client (as defined in Clause 1 of Section B) as per table shown below according to the New Funds Growth Amount (as defined in Clause 2 below) the Eligible Client may procure during the Promotion Period as compared to the Eligible Client’s Total Balance (see Important Notes below) at the Bank as of 31 May 2016:
| New Funds Growth Amount (benchmark against the Total Balance as of 31 May 2016) |
Asia Miles |
| HK$500,000 or above |
6,000 miles |
| HK$200,000 – HK$499,999 |
4,000 miles |
| Less than HK$200,000 |
2,000 miles |
|
| 2. |
Eligible Client has to deposit the new funds to the Bank within 2 weeks upon the Plan sign-up (by cash, cheque/cashier’s order, inward CHATs, telegraphic transfer from other banks excluding renewal or rollover of existing time deposits, transfer of funds from any account within the Bank or any currency converted from Premium Deposit upon maturity) to grow the Eligible Client’s Total Balance at the Bank (including the aggregate balance of deposits, investments and accumulated premiums of selected insurance under personal account as primary account holder) (“New Funds”). Any amount of New Funds deposited by the Eligible Client as shown in excess of the Eligible Client’s Total Balance at the Bank as of 31 May 2016 shall be considered the “New Funds Growth Amount”. For client who did not hold any account with the Bank on 31 May 2016, his/her Total Balance on such date will be treated as zero. To check the amount of Total Balance as of 31 May 2016, please contact the Bank’s staff. |
| 3. |
Eligible Client is required to maintain the new Total Balance (including the New Funds Growth Amount) until the designated date as stated in Clause 2 of Section B under these Terms and Conditions in order to be eligible for the New Funds Growth Offer. If not, the Bank reserves the right to cancel or forfeit absolutely the entitlements under the New Funds Growth Offer. |
| 4. |
Eligible Client must have an existing Asia Miles membership account otherwise has to set up an Asia Miles membership account for the entitlement of Asia Miles Reward. Eligible Client must have successfully registered online within 2 weeks from the date of the Plan sign-up with valid Asia Miles membership in the name of the Eligible Client at the Bank’s website at sc.com/hk/AM to enjoy the relevant Asia Miles. Successful registration cannot be cancelled. The Bank will forward the relevant information, including valid Asia Miles membership number and English full name of the Eligible Client, as well as the entitled miles, if any, to Asia Miles Limited by March 2017. Asia Miles Reward will be credited into relevant account within 4 to 6 weeks thereafter. In case of information submitted is incorrect or insufficient as considered by the Bank or Asia Miles Limited, Cash Rebate will be made available in replacement of Asia Miles Reward to Eligible Client, and will be credited to Eligible Client’s HKD deposit account (according to the sequence as stated in Clause 6 below) with related Terms and Conditions fulfilled by April 2017 as the New Funds Growth Offer. For avoidance of doubt, Terms and Conditions of Asia Miles shall apply for mileage redemptions. For details, please visit www.asiamiles.com. |
| 5. |
As an alternative to the Asia Miles offer above, Cash Rebate will be made available to Eligible Client as shown below according to this Offer’s requirement that the Eligible Client fulfilled.
| New Funds Growth Amount (benchmark against the Total Balance as of 31 May 2016) |
Cash Rebate |
| HK$500,000 or above |
HK$600 |
| HK$200,000 – HK$499,999 |
HK$400 |
| Less than HK$200,000 |
HK$200 |
|
| 6. |
The Bank will credit the relevant amount of Cash Rebate to respective HKD deposit account (excluding MortgageOne® Account and Mortgage$aver Current Account) held by the Eligible Client in sole name or in the capacity as primary account holder for joint account by March 2017 in the following sequence:
|
| |
| a. |
Sub-account under Integrated Deposits Account; |
| b. |
Current Account; |
| c. |
Statement Savings Account; |
| d. |
Passbook Savings Account |
|
| | If Eligible Client has no valid HKD deposit account, the Bank will credit to Eligible Client’s USD deposit account as above sequence. If Eligible Client has more than one account under same account type, the Bank will select any one of the accounts with the latest account opening date for the crediting at its discretions. Notification Letter will be mailed to the Eligible Client upon successful crediting of Cash Rebate. |
| 7. |
If client terminates the Plan within 12 months from the date of sign-up, the Bank reserves the right to charge the relevant client who has received the offer for the amount equivalent to the value of the New Funds Growth Offer as administration fee and debit the same from any of the client’s account with the Bank without prior notice. |
| |
| D. Terms and Conditions for Standard Chartered Asia Miles MasterCard Welcome Offer – Privilege 2 |
| For Standard Chartered Asia Miles MasterCard Welcome Offer, please refer to the “Important Information and Terms and Conditions for Application of Standard Chartered Credit Card” leaflet or contact the Bank’s staff for details. |
| |
| E. Important Notes for Standard Chartered Asia Miles MasterCard and Standard Chartered executive Credit Card Application |
| 1. |
All principal cardholders (“Cardholders”) of Standard Chartered Asia Miles MasterCard (“Card”) will be entitled to first year annual fee waiver upon successful card application. Thereafter, Cardholders of the Cards will enjoy an annual fee waiver on their Cards for a year (beginning from the respective anniversary of the issuance date of their Cards) if the aggregate eligible transactions made by the principal and any supplementary Card(s) (if applicable) of the same Card account in the preceding year reach HK$150,000. Otherwise, the Bank will charge an annual fee of HK$1,800 on an annual basis. |
| 2. |
All principal cardholders of Standard Chartered executive Credit Card will be entitled to first year annual fee waiver as long as they are maintaining the Personal Banking Privileged Plan with the Bank. Otherwise, the Bank will charge an annual fee of HK$250 on an annual basis. |
| 3. |
The Annualised Percentage Rates (“APR”) for Standard Chartered Asia Miles MasterCard and Standard Chartered executive Credit Card are 33.41% (0.086% per day) for retail purchases and 36.54% (0.086% per day) for cash advance when Credit Card account is opened and it will be reviewed from time to time. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualised rate. APR is calculated based on the guidelines as set out in the Code of Banking Practice and is for reference only, inclusive of Cash Advance Fee (if applicable). For details of Credit Card service fees and charges, it is available on the Bank’s website at sc.com/hk. |
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| F. Terms and Conditions for Online Wealth Management Transaction Offers (“Online WM Transaction Offers”) – Privilege 3 |
| 1. |
The Online WM Transaction Offers are only available to new clients of the Plan who sign up for the Plan between 1 July 2016 and 30 September 2016, both dates inclusive (“Sign Up Period”), and have successfully executed the designated transaction as specified in Clause 3 below during the Transaction Period (“Transaction Period”) as specified in Clause 4 below (“Eligible New Clients”). |
| 2. |
To be entitled to the Online WM Transaction Offer(s), Eligible New Clients must fulfil all the following requirements:
|
| |
| a. |
NOT hold any products or services with or distributed by the Bank (including but not limited to deposit account, investment services and insurance products underwritten by Prudential Hong Kong Limited (a member of Prudential plc group (“Prudential”) and distributed by the Bank), except Standard Chartered credit cards^ in the preceding 12 months from the date of the Plan sign-up; and
^ Standard Chartered credit cards refer to Standard Chartered Credit Card, Standard Chartered WorldMiles Card (formerly known as Standard Chartered American Express®Card) and Standard Chartered co-branded Credit Card (including supplementary cards and corporate cards) issued by the Bank. |
| b. |
Maintain the monthly Total Relationship Balance of HK$200,000 or above from the date of the Plan sign-up until the last date of fulfilment month which the Cash Rebate is arranged. Please refer to Clause 8 below for details of the fulfilment month; and |
| c. |
Unless otherwise specified, for joint name account(s), only the Primary Account Holders of the relevant banking service or product will be eligible to enjoy the Online WM Transaction Offer(s). |
|
| 3. |
Eligible New Clients are required to successfully execute any of the below transaction (“Designated Transaction”) with the Bank during the Transaction Period in order to enjoy the following Online WM Transaction Offer(s):
|
| |
| a. |
1.2% Subscription Fee for subscription of Investment Fund via Online Unit Trust at Online Banking (“Online Fund Subscription”) with newly sign-up Investment Fund Services Account in sole name only; and/or |
| b. |
$0 Brokerage Commission Fee for all BUY trade securities via Online Banking or Breeze Trade with newly sign-up Securities Services Account either in sole name or joint name (“Online Securities Buy Trade”); and/or |
| c. |
HK$88 Monthly Cash Rebate on Foreign Exchange Trading Services with single transaction of HK$200,000 or above (or its equivalent) via Online Banking or Breeze (“Online FX Trading”). |
|
| 4. |
All Designated Transactions must be completed by Eligible New Clients within the Transaction Period specified below in order to enjoy the Online WM Transaction Offers:
Personal Banking Privileged Plan Sign-up Period
(both dates inclusive)
|
Transaction Period (both dates inclusive)
|
| 1 – 31 July 2016
|
1 July 2016 to 31 July 2017
|
| 1 – 31 August 2016
|
1 August 2016 to 31 August 2017
|
| 1 – 30 September 2016
|
1 September 2016 to 30 September 2017
|
|
| 5. |
Specific Terms and Conditions for Online Fund Subscription:
|
| |
| a. |
The Online Fund Subscription is not applicable to any Fund Switching, Monthly Investment Plans and funds units with no subscription fee. |
| b. |
Prevailing subscription fee of all eligible Online Fund Subscriptions will first be charged and debited from the settlement account of the Eligible New Clients at the time making the transaction during the Transaction Period. The net difference between the prevailing subscription fee and 1.2% Subscription Fee will be refunded and credited to the Eligible New Clients’ related account in form of Cash Rebate according to the schedule listed in Clause 8 below. |
|
| 6. |
Specific Terms and Conditions for Online Securities Buy Trade:
|
| |
| a. |
Online Securities Buy Trade is applicable to order placement via both Online Banking and Breeze Trade in relation to the stocks listed on the Main Board or Growth Enterprise Market of the Stock Exchange of Hong Kong Limited. |
| b. |
All SELL transactions executed are not eligible for Online Securities Buy Trade. |
| c. |
There is no limit on BUY transaction amount being eligible for Online Securities Buy Trade but Eligible New Clients still need to pay the relevant transaction fees (if applicable). Transaction fees include, but are not limited to, Stamp Duty by the Hong Kong Government, Transaction Levy by the Securities and Futures Commission of Hong Kong, Trading Fee by the Hong Kong Exchange & Clearing Limited and Stock Settlement Fee by the Hong Kong Securities & Clearing Company Limited. |
| d. |
Brokerage commission will first be charged and debited from the settlement account of the Eligible New Clients. Currently, the standard brokerage rate for Online Banking and Breeze Trade is 0.2%. Relevant brokerage commission amount within the Transaction Period will be refunded and credited to the Eligible New Clients’ related account in form of Cash Rebate according to the schedule listed in Clause 8 below. |
| e. |
If Eligible New Clients have opened more than one Securities Account during the Transaction Period, only the first opened account will be entitled to Online Securities Buy Trade. |
| f. |
For the avoidance of doubt, for Eligible New Clients who already enjoyed the “New securities client $0 brokerage commission offer on buy trades for 3 months” will not be eligible for the Online Securities Buy Trade within the same Transaction Period. For illustration purpose, if the Eligible New Clients who newly signed up for a new Securities Services Account and the Plan during the Sign Up Period, he/she will only be entitled to have the Online Securities Buy Trade starting from the following 4th to 12th month during the Transaction Period after the banking plan sign-up month. |
|
| 7. |
Specific Terms and Conditions for Online FX Trading
|
| |
| a. |
Online FX Trading is only applicable to same day settlement. |
| b. |
This offer is only applicable to FX transactions placed via Online Banking or Breeze. |
| c. |
This offer is NOT applicable to USD/HKD transactions or exchange for banknotes. |
| d. |
Maximum cash rebate amount per month for each Eligible New Client is HK$88. During the whole Transaction Period, each Eligible New Client can enjoy a maximum cash rebate amount of up to HK$1,144 . |
|
| 8. |
Online WM Transaction Offer(s) will be given in format of Cash Rebate on quarterly basis to Eligible New Clients who have fulfilled all the specific requirements of Designated Transactions per below schedule. The eligible Designated Transaction cut-off date will be on the last calendar date one month prior to the fulfilment month or designated date:
| Designated Transaction Cut-Off Date |
Fulfilment Month for Cash Rebate |
| 30 November 2016 |
December 2016 |
| 28 February 2017 |
March 2017 |
| 31 May 2017 |
June 2017 |
| 31 August 2017 |
September 2017 |
| 30 September 2017
|
December 2017 |
|
| 9. |
The Bank will credit the relevant amount of Cash Rebate, if any, to respective HKD deposit account (excluding MortgageOne® Account and Mortgage$aver Current Account) held by the Eligible New Client’s in sole name or in the capacity as Primary Account Holder for joint account according to the schedule specified in Clause 8 above in the following sequence:
|
| |
| a. |
Sub-account under Integrated Deposits Account; |
| b. |
Current Account; |
| c. |
Statement Savings Account; |
| d. |
Passbook Savings Account |
|
| |
If Eligible New Client has no valid HKD deposit account, the Bank will credit to Eligible Client’s USD deposit account as above sequence. If Eligible New Client has more than one account under same account type, the Bank will select any one of the deposit accounts with the latest account opening date for the crediting at its discretions. |
| 10. |
The sign-up for the Plan, all investment accounts/services specified in Clause 3 above, settlement account(s), and other related banking accounts of Eligible New Clients must remain valid at the time of the Cash Rebate is credited. Otherwise, the relevant Offer(s) will be forfeited absolutely and not be provided to the Eligible New Clients through any other means.
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| |
| G. Terms and Conditions for Asia Miles Time Deposit Reward – Privilege 4 |
| 1. |
Asia Miles Time Deposit Promotion is only applicable to client who has successfully fulfilled the following (“Eligible Client for Asia Miles Time Deposit”):
|
| |
| a. |
Successfully set up HKD/USD/AUD/GBP Time Deposits with interest rate at 0.01% p.a. in sole name within the Promotion Period with the incremental new funds; and |
| b. |
Successfully submit accurate Time Deposit Account Number and Asia Miles Membership Account information via online registration form on the designated webpage of the Bank within 2 weeks after the setup of the Time Deposits. |
|
| 2. |
The Time Deposits amount will be used to determine the number of Asia Miles enjoyed by the Eligible Client for Asia Miles Time Deposit as set out in Table A.
Table A
| New Funds for Time Deposit |
6-month Time Deposit |
12-month Time Deposit |
| Every HKD200,000 |
4,000 Asia Miles |
15,000 Asia Miles |
| Every USD20,000 |
| Every AUD20,000 |
| Every GBP20,000 |
New funds for Asia Miles Time Deposit in this section refer to monies newly deposited into the Bank within 3 days before Time Deposit account opening date via cash, cheque, cashier’s order, inward CHATs or Telegraphic Transfer from other banks. It excludes the renewal or rollover of existing time deposits, transfer of funds from any account within the Bank or any currency converted from Premium Deposits upon maturity.
|
| 3. |
Relevant Asia Miles pursuant to Table A will be credited directly to the Eligible Client for Asia Miles Time Deposit’s Asia Miles membership account by the Bank on or before 31 December 2016 after the Eligible Client for Asia Miles `Time Deposit has fulfilled the requirements specified in Clause 1 above. |
| 4. |
Eligible Client for Asia Miles Time Deposit’s Asia Miles membership information including family name, given name and membership number provided via online registration form will be passed to Asia Miles Limited only for fulfilment purpose. |
| 5. |
Clients are responsible for the accuracy of the information submitted in online registration form. For clients with multiple online registration submissions, only the latest registration record will be used by the Bank for fulfilment purpose. In case of incorrect or insufficient information submitted in the online registration form specified in Clause 1 above, the miles crediting will be forfeited by the Bank without notification. The Bank will consider forfeiting the Asia Miles absolutely and will not compensate client by any other means. |
| 6. |
In case of early uplift of the Asia Miles Time Deposit on or before Fulfilment Date, the Asia Miles Rewards will be revoked by the Bank without notification. The Bank will consider forfeiting the Asia Miles absolutely and will not compensate clients by any other means.
|
| 7. |
Relevant terms and conditions specified in Current/Cheque/ Savings Account and Time Deposit Account Terms and Deposit Confirmation apply to Asia Miles Time Deposit Rewards. |
| |
| H. Terms and Conditions for Salary BonusPack Offer – Privilege 5 |
| For details, please refer to the Terms and Conditions as set out separately on the Salary BonusPack leaflet. |
| |
| Risk Disclosure Statements and Important Notes: |
Risk Disclosure Statements for all Investment Products:
Investments involve risks. The prices of investment products may move up or down and the worst case will result in loss of your entire investment. Investors should consider their own investment objective, investment experience, financial situation and risk tolerance level; and also read the terms and conditions of the relevant investment services / offering documents including the risk disclosures, and are advised to seek independent professional advice before making any investment decision.
Risk Disclosure Statement for Foreign Exchange:
Foreign exchange involves risks. Fluctuation in the exchange rate of a foreign currency may result in gains or significant losses in the event that the client converts deposit from the foreign currency to another currency (including Hong Kong Dollar).
Risk Disclosure Statement for Renminbi Deposits and Trading:
- Renminbi (“RMB”) exchange rate, like any other currency, is affected by a wide range of factors and is subject to fluctuations. Such fluctuations may result in gains and losses in the event that the client subsequently converts RMB to another currency (including Hong Kong dollars); and
- RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to restrictions specified by the Bank and regulatory requirements applicable from time to time. The actual conversion arrangement will depend on the restrictions prevailing at the relevant time.
Risk Disclosure Statement for Investment Funds:
- Investment involves risk. The prices of units/shares of unit trust or mutual funds fluctuate, sometimes dramatically and may become valueless. Investor(s) may not get back the amount they have invested. It is as likely that losses will be incurred rather than profit made as a result of buying and selling unit trusts or mutual funds. Past performance is no guide to its future performance.
- Investor(s) should read the terms and conditions contained in the relevant offering documents and in particular the investment policies and the risk factors and latest financial results information carefully and are advised to seek independent professional advice before making any investment decision.
- Investor(s) should ensure they fully understand the risks associated with unit trusts or mutual funds and should also consider their own investment objective and risk tolerance level.
Risk Disclosure Statement for Securities:
Investment involves risks. The prices of securities fluctuate, sometimes dramatically and may become valueless. Past performance of any securities is no guide to its future performance. Investors should consider their own investment objectives and risk tolerance level, and read the Terms and Conditions of relevant Securities Services before making any investment decision.
Notes:
- This website does not constitute any offer, invitation or recommendation to any person to enter into any transaction described therein or any similar transaction, nor does it constitute any prediction of likely future price movements.
- Investor(s) should not only base on this website to make investment decisions.
- This website has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.
Important Notes for Personal Banking Privileged Plan:
- Extract from the Bank’s Service Charges Booklets: Personal Banking Privileged Plan Clients – “Relationship Balance” includes the aggregate balance of deposits, investments, accumulated premiums of selected insurance, utilised amounts of secured/unsecured overdraft facilities, outstanding balances on Standard Chartered Credit Cards^ and outstanding balances of Standard Chartered Personal Loans you maintain with the Bank under personal accounts.
^ Standard Chartered credit cards refer to Standard Chartered Credit Card, Standard Chartered WorldMiles Card (formerly known as Standard Chartered American Express® Card) and Standard Chartered co-branded Credit Card (including supplementary cards and corporate cards) issued by the Bank. Outstanding balances on supplementary cards will contribute to the Relationship Balance of the principal cardholder only.
- “Total Balance” includes the aggregate balance of deposits, investments and accumulated premiums of selected insurance of the primary account holders under the Bank’s personal account.
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