Offer 1 : New Unit Trust Customer – 0.88% Preferential Fee Offer for Fund Subscription
Terms and Conditions
- New Unit Trust Customer – 0.88% Preferential Fee Offer for Fund Subscription (“the Offer”) is valid from 2 July 2021 to 31 December 2021, both dates inclusive (“Promotion Period”).
- The Offer is only applicable to customers who fulfill the criteria stated below (“Eligible Customer”), and it is only applicable to the period designated by the Bank (“Designated Period”):
- Eligible Customer 1: The customers have already held an account at the Bank on or before 30 June 2021, and have never conducted any unit trust transaction through the Bank.
Designated Period: Eligible Customer 1 can enjoy 0.88% preferential subscription fee within one calendar month starting from the date of the first lump-sum subscription during the Promotion Period via the bank. The amount of each lump-sum subscription must be at least HKD100,000 or above (or its equivalent in any other currency).
- Eligible Customer 2: The customers open Wealth Management Account in the Bank during the Promotion Period.
Designated Period: Eligible Customer 2 can enjoy 0.88% preferential subscription fee within one calendar month starting from the date of the Wealth Management Account opening. The amount of each lump-sum subscription must be at least HKD100,000 or above (or its equivalent in any other currency).
- Eligible Customer must obtain a Subscription Promotion Code from our Bank’s relationship managers. The code must be used in the fund subscription through CMB Wing Lung Bank Wintech mobile application or NET Banking Services.
- Each Eligible Customer can only enjoy the Offer within the relevant Designated Period.
- The Promotional Offer is not applicable to Fund Monthly Savings Plan, fund switching, investment funds with no subscription fees, money market funds or any other funds designated by the Bank.
- The Offer is subject to the terms and conditions of relevant products or services.
- The Offer is subject to quota availability and is offered on a first-come-first-serve basis.
- The Offer cannot be used in conjunction with any other offers.
- The Bank reserves the right to suspend, amend, terminate or cancel any offers, rewards and/or amend these Terms and Conditions at any time without further notice. Should there be any disputes of the Terms and Conditions of this Promotion, the Bank reserves the final right of explanation and decision.
- Risk Disclosure: 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.
- If there is any discrepancy between the English and Chinese versions of these Terms and Conditions, the Chinese version shall prevail.
Offer 2 : Investment Fund Transfer-In Promotion
Terms and Conditions
- Investment Fund Transfer-In Promotion Offer ("the Offer”) is valid from 2 July 2021 to 31 December 2021 (“Promotion Period”) , and this Offer is separated into 2 stages:
First Stage: 2 July 2021 to 30 September 2021, both dates inclusive (“Promotion Period 1”)
Second Stage: 2 October 2021 to 31 December 2021, both dates inclusive (“Promotion Period 2”)
- Customer who submits an investment fund transfer-in instruction during the Promotion Period and successfully transfers the holdings of investment fund to CMB Wing Lung Bank (“the Bank”) from other financial institution(s) according to Clause 5 and/or Clause 6 of this Terms and Conditions can enjoy this Offer (“Eligible Customer”).
- During each stage of the Promotion Period, each Eligible Customer who transfers investment funds to the Bank with every accumulated market value of HKD100,000 can enjoy HKD200 Cash Rebate. Each Eligible Customer can enjoy up to HKD10,000 Cash Rebate during each stage of the Promotion Period.
- The accumulated transfer-in market value and Cash Rebate amount will be re-calculated during each stage of the Promotion Period.
- Applicable to Promotion Period 1 : 2 July 2021 to 30 September 2021
- Eligible Customer who submits investment fund transfer-in instruction during Promotion Period 1 and successfully transfers the holdings of the fund from other financial institution(s) to the Wealth Management Account of the Bank on or before 31 October 2021 is entitled to this Offer.
- The Cash Rebate is calculated in HK Dollar. If the settlement currency of the fund is in HK Dollar, the transfer-in market value will be calculated according to the fund price on the day when the customer submits to the Bank an investment fund transfer-in instruction. If the settlement currency is not in HK Dollar, the transfer-in market value will be calculated into HK Dollar equivalent according to the fund price and exchange rate (to be determined by the Bank at its sole discretion) on the day when the customer submits to the Bank an investment fund transfer-in instruction.
- The Cash Rebate will be credited into the HKD settlement account of the Eligible Customer on or before 30 November 2021. 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 account the Cash Rebate will be credited into.
- Applicable to Promotion Period 2: 2 October 2021 to 31 December 2021
- Eligible Customer who submits investment fund transfer-in instruction during Promotion Period 2 and successfully transfers the holdings of the fund from other financial institution(s) to the Wealth Management Account with the Bank on or before 31 January 2022 is entitled to this Offer.
- The Cash Rebate is calculated in HK Dollar. If the settlement currency of the fund is in HK Dollar, the transfer-in market value will be calculated according to the fund price on the day when the customer submits to the Bank an investment fund transfer-in instruction. If the settlement currency is not in HK Dollar, the transfer-in market value will be calculated into HK Dollar equivalent according to the fund price and exchange rate (to be determined by the Bank at its sole discretion) on the day when the customer submits to the Bank an investment fund transfer-in instruction.
- The Cash Rebate will be credited into the HKD settlement account of the Eligible Customer on or before 28 February 2022. 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 account the Cash Rebate will be credited into.
- Applicable to Promotion Period 1 and Promotion Period 2
- The Bank only accepts investment fund transfer-in from an account(s) held under the same name as the customer in other financial institution(s). Transferring investment fund from a personal account to a joint-name account held by the same customer or transferring investment fund from a joint-name account to a personal account held by one of the joint-name account customers are also considered as same-name transfer.
- This Offer is only applicable to open-ended funds distributed and designated by the Bank, excluding money market funds.
- If the investment fund(s) transferred into the Bank is/are being transferred out of the Bank 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 Offer by debiting the amount equivalent to the entitled Cash Rebate from the settlement account of the Eligible Customer immediately.
- 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.
- Investment fund transfer-in instructions are subject to the final approval of the Bank at its sole and absolute discretion.
- Holdings of any investment funds transferred to the Bank have to be registered and held in the name of the Bank’s nominee.
- This Offer cannot be used in conjunction with any other offer.
- Customer will not be informed if the customer is not eligible to enjoy this Offer.
- The Bank reserves the right to suspend, amend, terminate or cancel any offers, rewards and/or amend these Terms and Conditions at any time without further notice. Should there be any disputes of the Terms and Conditions of this Promotion, the Bank reserves the final right of explanation and decision.
- Risk Disclosure: 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.
- In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the Chinese version shall prevail.
Offer 3 : Fund Trading Subscription Fee as low as 1%
Terms and Conditions
- The Promotional Period of Fund Trading Subscription Fee Promotional Offer (“the Promotional Offer”) is valid from 1 January 2021 to 31 December 2021 (“the Promotional Period”), both dates inclusive. The Promotional Offer is applicable to relevant instruction received and accepted by CMB Wing Lung Bank (“the Bank”) by 3pm on 31 December 2021.
- The Promotional Offer is only applicable for subscription of investment fund(s) through “Fund Services” of NET Banking Services and CMB Wing Lung Bank Wintech mobile application. Amount of Promotional Subscription Fee is calculated based on the subscription amount of each investment fund subscription.
- The Promotional Offer is not applicable to Fund Monthly Savings Plan, investment funds with no subscription fees, money market funds or any other funds designated by the Bank.
- The Promotional Offer cannot be used in conjunction with any other offers.
- The Bank reserves the right to amend or terminate the Promotional Offer, or change its calculation method, 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.
- If there is any discrepancy between the English and Chinese versions, the English version shall prevail.