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PROMOTIONAL TERMS AND CONDITIONS:
General Terms and Conditions:
  1. Unless otherwise indicated, each of the promotions under these Promotional Terms and Conditions is applicable only to customers holding One Account of China CITIC Bank International Limited (the "Bank") who have successfully executed the eligible transaction (s) during the period from 1 January 2024 to 31 March 2024, both dates inclusive ("Promotion Period") (the “Customers”).
  2. Unless otherwise specified, if you participate in Rewards Go! provided by the Bank, you agree that Rewards Go! is subject to applicable Terms and Conditions of the Bank, including the General Terms and Conditions, the Terms and Conditions for inMotion Services, the Terms and Conditions of inMotion Rewards Go! Program and such other terms as may be agreed between you and the Bank in relation thereto.
  3. Customers must maintain the One Account and current or savings account with the Bank at the time when the Reduction Amount (as defined below) or cash rebate / reward are credited.
  4. Customer’s One Account opening date and time will be subjected to the Bank’s system record. In case of any dispute arising out of or in connection with this promotion, the decision of the Bank shall be final and conclusive.
  5. The Bank reserves the right to amend, suspend, cancel or terminate the whole or any part of these Promotional Terms and Conditions any time without prior notice, and shall not be responsible for any costs, expenses, losses or liabilities incurred.
  6. Each of the banking products or services set out in these terms and conditions is subject to their own terms and conditions, relevant eligibility, and process of the subscription. For further details, please refer to branch staff for assistance.
  7. In case of any dispute arising out of or in connection with this promotion, the decision of the Bank shall be final and binding on the Customers.
  8. Except as otherwise expressly stated in these Promotional Terms and Conditions, no one other than a party to these Promotional Terms and Conditions may enforce any of its terms under the Contracts (Rights of Third Parties) Ordinance, Cap. 623 of the Laws of Hong Kong. Where any clause of these Promotional Terms and Conditions entitles any third party to enforce any term of these Promotional Terms and Conditions under the Contracts (Rights of Third Parties) Ordinance, the parties reserve the right to vary that term or any other term of these Promotional Terms and Conditions without the consent of that third party.
  9. These Terms and Conditions shall be governed by and construed in accordance with the laws of Hong Kong Special Administrative Region and are subject to prevailing regulatory requirements.
  10. In the event of any inconsistency between the English and Chinese versions of these Promotional Terms and Conditions, the English version shall prevail.
Terms and Conditions of “Lifetime Stock Trading Fee Waiver Lucky Draw” (the “Lucky Draw”):
  1. The Lucky draw is only applicable to new customers who have not hold any credit card, current, savings, time deposits, securities or investment accounts (either in sole name or joint name account) with the Bank within the preceding 12 months, or selected customers who (i) received the Lucky Draw mission via inMotion Rewards Go, and (ii) hold a valid bank account and i-banking account. (“Eligible Customers”) If the account status changes, the Bank reserves the right not to fulfil the Lucky Draw prize without prior notice, and no Lucky Draw prize will be credited to any other account or through any other means.
  2. By starting the Lucky Draw, Eligible Customer is regarded to have read and be bound by the Lucky Draw description and content, including but not limited to the eligibility, completion requirement(s), reward details, and promotion period under the Lucky Draw.
  3. During the Promotional Period, customer has to log in to the Bank’s mobile application inMotion (“inMotion”) successfully, enter “Rewards Go!” and click “Act Now” button to start the Lucky Draw mission. For the avoidance of doubt, each customer is entitled to ONE Lucky Draw chance during the Promotion Period, regardless of the number of inMotion login record made.
  4. Limited Lucky Draw winners will be randomly drawn by a computer system of the Bank (the “Winners”) during the Promotion Period, each Winner will entitle to one of the following Lucky Draw prizes (the “Prize”):
    Prize
    • Up to a Lifetime $0 brokerage commission for securities purchases
    • First 12 months securities trading no minimum charges for Brokerage Commission
    • 6-Month $0 brokerage commission for securities purchases and sales
    • First 6 months securities trading no minimum charges for Brokerage Commission
    • 9-Month $0 brokerage commission for securities purchases
    • First 9 months securities trading no minimum charges for Brokerage Commission
    • 12-Month $0 brokerage commission for securities purchases
    • First 12 months securities trading no minimum charges for Brokerage Commission

    Lucky Draw result will be announced once customer has completed the Lucky Draw mission and will be shown in “Rewards Go!”.
  5. The Bank has the sole and absolute authority in determining if customer is eligible for this Lucky Draw.
  6. The Bank may offer, vary, suspend or withdraw different benefits, schemes or arrangements under Rewards Go! The availability or redemption of some benefits, schemes or arrangements may be governed for further Terms and Conditions specified by us from time to time.
  7. No part of this Lucky Draw Prize is transferable, exchangeable, returnable or redeemable for cash.
  8. This Lucky Draw is not applicable to Private Banking customers, corporate customers, One Account with account suffix 90, 91 and 98 and staffs of the Bank.
  9. In case of any breach of these Promotional Terms and Conditions, or any dishonest conduct and/or acts of counterfeit, the Bank reserves the sole right to immediately cancel the Winner’s entitlement to the Lucky Draw Prize and pursue any violations without prior notice.
  10. The Bank reserves the right to delete, replace, supplement or amend any of these Promotional Terms and Conditions without prior notice, and shall not be responsible for any costs, expenses, losses or liabilities incurred in the event of any matter or dispute arising out of or in connection to this Lucky Draw, the decision of the Bank shall be final and conclusive.
  11. Except as otherwise expressly stated in these Promotional Terms and Conditions, no one other than a party to these Promotional Terms and Conditions may enforce any of their terms under the Contracts (Rights of Third Parties) Ordinance, Cap. 623 of the Laws of Hong Kong. Where any clause of these Promotional Terms and Conditions entitles any third party to enforce any term of Promotional Terms and Conditions under the Contracts (Rights of Third Parties) Ordinance, the parties reserve the right to vary that term or any other term of these Promotional Terms and Conditions without the consent of that third party.
  12. These Promotional Terms and Conditions shall be governed by and construed in accordance with the laws of Hong Kong Special Administrative Region and any dispute arising out or in connection therewith shall be referred to the courts of Hong Kong SAR.
  13. In the event of any inconsistency between the English and Chinese versions of these Promotional Terms and Conditions, the English version shall prevail.
Terms and Conditions specific to the offer of "9/12 Months $0 brokerage commission for securities purchases":
  1. This offer is only applicable to selected customers who meet the requirements below (“Designated Customers”):
    1. Received this offer via the Lucky Draw mission, and
    2. Newly opened a new One Account or maintained any One Account (whether in sole name or joint account) during the Promotion Period.
  2. Designated Customers can enjoy $0 brokerage commission for securities purchases of Hong Kong Stocks, U.S. Stocks and China A-shares executed through the One Account via inVest and inMotion (the "Eligible BUY Transactions") in the month of the Lucky Draw completion date and within the following 9/12 months.
  3. Designated Customers are required to pay all applicable commissions and fees upfront. The relevant brokerage commission entitled in respect of the Eligible BUY Transactions (the "Brokerage Commission") will be credited to the customers’ current or savings account according to the schedule as follow:
    Transaction month Brokerage Commission credit month
    January to March May
    April to June August
    July to September November
    October to December February
  4. The Brokerage Commission is only applicable to the Bank’s brokerage commission. Other taxes, impositions, levies, fees and charges payable for the transaction, including but not limited to the transaction fees imposed by third parties such as stamp duty, SFC Transaction Levy, the Exchange Trading Fee and FRC Transaction Levy are not covered.
  5. For joint account customers, only the primary account holder is entitled to the promotions.
  6. This promotion is not applicable to Private Banking customers, corporate customers, One Account with account suffix 90, 91 and 98 and staffs of the Bank.
Terms and Conditions specific to the offer of "6 Months $0 brokerage commission for securities purchases and sales":
  1. This offer is only applicable to selected customers who meet the requirements below during the Promotion Period (“Designated Customers”):
    1. Received this offer via the Lucky Draw mission, and
    2. Newly opened a new One Account or maintained any One Account (whether in sole name or joint account).
  2. Designated Customers can enjoy $0 brokerage commission for securities purchases and sales of Hong Kong Stocks, U.S. Stocks and China A-shares executed through the One Account via inVest and inMotion (the "Eligible Trading Transactions") in the month of the Lucky Draw completion date and within the following 6 months.
  3. Designated Customers are required to pay all applicable commissions and fees upfront. The relevant brokerage commission reduction amount entitled in respect of the Eligible Trading Transactions (the "Trading Brokerage Commission") will be credited to the customers’ current or savings account according to the schedule as follow:
  4. Transaction month Trading Brokerage Commission credit month
    January to March May
    April to June August
    July to September November
    October to December February
  5. The he Trading Brokerage Commission is only applicable to the Bank’s brokerage commission. Other taxes, impositions, levies, fees and charges payable for the transaction, including but not limited to the transaction fees imposed by third parties such as stamp duty, SFC Transaction Levy, the Exchange Trading Fee and FRC Transaction Levy are not covered.
  6. For joint account customers, only the primary account holder is entitled to the promotions.
  7. This promotion is not applicable to Private Banking customers, corporate customers, One Account with account suffix 90, 91 and 98 and staffs of the Bank.
Terms and Conditions specific to the offer of "Up to a Lifetime $0 brokerage commission for securities purchases":
  1. This offer is only applicable to selected customers who meet the requirements below during the Promotion Period (“Designated Customers”):
    1. Received this offer via the Lucky Draw mission, and
    2. Newly opened a new One Account or maintained any One Account (whether in sole name or joint account)
  2. Designated Customers can enjoy lifetime $0 brokerage commission (the “Continuous Zero Commission”) for securities purchases if the below requirements are fulfilled:
    1. Execute at least one transaction of Hong Kong Stocks, U.S. Stocks or China A-shares through the One Account via inVest and inMotion (the "Recognized Transaction") before 30 June 2024.
    2. Starting from July 2024, the Continuous Zero Commission will continue if Designated Customers perform at least one Recognized Transaction in each quarter thereafter. If Designated Customers do not conduct any Recognized Transaction in any quarter starting from July 2024, the Continuous Zero Commission will be terminated starting from the following month and cannot be resumed.
  3. Illustration: A Designated Customer who completes the Lucky Draw on February 23, 2024
      Transaction month Brokerage Fee Waiver for Buy Trades Purchases
    Turnover
    Sales
    Turnover
    Requirement 1:
    Designated Customer must have at least 1 Recognized Transaction executed before
    30 June 2024 to enjoy the Continuous Zero Commission in the next quarter.
    Till
    2024 Q2
    From
    February 2024
    to
    June 2024
    Yes HK stock
    HK$ 500,000
    Refund brokerage
    fee = HK$ 750
    -
    Requirement 2:
    Starting from July 2024, Designated Customer must have at least 1 Recognized Transaction
    executed in each quarter to keep the Continuous Zero Commission in the next quarter.
    2024 Q3 July 2024
    to
    September 2024
    Yes
    (As there was at least 1 Recognized Transaction
    made before 30 June 2024)
    - HK stock
    HK$ 200,000
    Ineligible for Refund brokerage fee
    2024 Q4 October 2024
    to
    December 2024
    Yes
    (As there was at least 1 Recognized Transaction
    made within 2024 Q3)
    US stock
    US$ 100,000
    Refund brokerage
    fee = US$ 150
    US stock
    US$ 50,000
    Ineligible for Refund brokerage fee
    2025 Q1 January 2025
    to
    March 2025
    Yes
    (As there was at least 1 Recognized Transaction
    made within 2024 Q4)
    - -
    2025 Q2 April 2025 Continuous Zero
    Commission is terminated
    (As there was no
    Recognized Transaction
    within 2025 Q1)
    - -

    * Assuming the brokerage fee is 0.15% of the trading turnover.

  4. Designated Customers are required to pay all applicable commissions and fees upfront. The relevant brokerage commission reduction amount entitled in respect of the Recognized Transactions (the "Continuous Brokerage Commission") will be credited to the Designated Customers’ current or savings account according to the schedule as follow:
    Transaction month Continuous Brokerage Commission credit month
    October to December February
    January to March (if applicable) May (if applicable)
    April to June (if applicable) August (if applicable)
    July to September (if applicable) November (if applicable)
    Continuous Arrangement for following year as above (if applicable)
  5. The Continuous Brokerage Commission is only applicable to the Bank’s brokerage commission. Other taxes, impositions, levies, fees and charges payable for the transaction, including but not limited to the transaction fees imposed by third parties such as stamp duty, SFC Transaction Levy, the Exchange Trading Fee and FRC Transaction Levy are not covered.
  6. For joint account customers, only the primary account holder is entitled to the promotions.
  7. This promotion is not applicable to Private Banking customers, corporate customers, One Account with account suffix 90, 91 and 98 and staffs of the Bank.
Terms and Conditions specific to the offer of "First 6/9/12 months No Minimum Brokerage Commission Offer":
  1. This offer is only applicable to selected customers who meet the requirements below during the Promotion Period (“Designated Customers”):
    1. Received this offer via the Lucky Draw mission, and
    2. Newly opened a new One Account or maintained any One Account (whether in sole name or joint account).
  2. Designated Customers can enjoy no minimum brokerage commission offer for securities purchases and sales of Hong Kong Stocks, U.S. Stocks and China A-shares executed through the One Account via inVest and inMotion (the "Eligible No Min Charge Trading Transactions") in the month of the Lucky Draw completion date and within the following 6/9/12 months.
  3. Designated Customers are required to pay all applicable commissions and fees upfront. The relevant brokerage commission reduction amount entitled in respect of the Eligible No Min Charge Trading Transactions (the "No Min Charge Brokerage Commission") will be credited to the customers’ current or savings account according to the schedule as follow:
    Transaction month No Min Charge Brokerage Commission credit month
    January to March May
    April to June August
    July to September November
    October to December February
  4. The No Min Charge Brokerage Commission is only applicable to the Bank’s brokerage commission. Other taxes, impositions, levies, fees and charges payable for the transaction, including but not limited to the transaction fees imposed by third parties such as stamp duty, SFC Transaction Levy, the Exchange Trading Fee and FRC Transaction Levy are not covered.
  5. For joint account customers, only the primary account holder is entitled to the promotions.
  6. This promotion is not applicable to Private Banking customers, corporate customers, One Account with account suffix 90, 91 and 98 and staffs of the Bank.
Terms and Conditions specific to “Unlimited free real time quotes”:
  1. "Unlimited free real time quotes" offer is applicable to customers who have maintained any One Account (in sole or joint name) with the Bank and registered with i-banking and/or Phone Banking service. Hong Kong and China market free quotes are set to 500,000 counts per month during the Promotional Period, additional quote usage for all markets will not be subject to fees and charges. Free quotes count will be reset to the level as stated in "Investment Products Service Fees and Charges" after the Promotional Period.
Terms and Conditions specific to "Privilege Securities Brokerage Commission offer"(the “Offer”):
  1. During the Promotion Period, Customers can enjoy “Privilege Securities Brokerage Commission” for securities purchases and sales of Hong Kong Stocks, China A-Shares and U.S. Stocks executed through the One Account via inVest and inMotion as stated in Table 1 below, with the exception of the below transactions:
    1. Any transactions made in respect of initial public offerings, or
    2. Any transactions executed on 11th January 2024, 31st January 2024, 1st February 2024, 21st February 2024, 1st March 2024, 11th March 2024 and 28th March 2024.
      Table 1: Privilege Securities Brokerage Commission Schedule
      Monthly cumulative trading amount (HKD)
      (“Monthly Trading Volume”)
      Privilege Securities Brokerage Commission to be applied for this range of Monthly Trading Volume
      Less than or equal to 1M 0.125%
      More than 1M and less than or equal to 3M 0.118%
      More than 3M and less than or equal to 10M 0.108%
      More than 10M and less than or equal to 30M 0.100%
      More than 30M 0.088%
  2. Monthly Trading Volume is counted based on monthly cumulative trading amount summed across all stocks, warrants and ETF shares across Hong Kong Stocks, China A-Shares and U.S. Stocks. Transactions made in RMB and USD will be converted to HKD when calculating the trading amount using Bank’s prevailing exchange rate at the time of execution to determine the monthly trading volume. The exchange rates may fluctuate and will be regularly refreshed.
  3. Monthly Trading Volume will be reset on the first day of each calendar month.
  4. Customers are required to pay all applicable commissions and fees upfront. The relevant brokerage commission reduction amount entitled ("Reduction Amount") will be credited to the Customers’ current or savings account according to the schedule as follow:
    Transaction month Reduction Amount credit month
    January to March May
  5. Illustration of how privilege securities brokerage commission is calculated based on your actual trading activity executed through the One Account via inVest and inMotion, for example, a CITICfirst Customer who performed as below:
    Calendar month

    (“Trading Period”)
    Total cumulative trading volume in this Trading Period Standard Securities Brokerage Commission on inMotion/ inVest channels
    1 March to 31 March 2024 HKD equivalent 55,000,000 0.125%

    Applying above trading activity to the Offer as stated in Table 1 above,
    Monthly Trading Volume
    (i.e. HKD 55M in total)
    Privilege Securities Brokerage Commission to be applied for this range of Monthly Trading Volume Reduction Amount (HKD)
    The First HKD 1,000,000 0.125% 1,000,000 x (0.125% - 0.125%) = $0
    The Next HKD 2,000,000 0.118% 2,000,000 x (0.125% - 0.118%) = $140
    The Next HKD 7,000,000 0.108% 7,000,000 x (0.125% - 0.108%) = $1,190
    The Next HKD 20,000,000 0.100% 20,000,000 x (0.125% - 0.1%) = $5,000
    Remaining which exceed HKD 30,000,000 (i.e. HKD 25,000,000 for this case) 0.088% 25,000,000 x (0.125% - 0.088%) = $9,250
  6. The Reduction Amount is only applicable to the Bank’s brokerage commission. Other taxes, impositions, levies, fees and charges payable for the transaction, including but not limited to the transaction fees imposed by third parties such as stamp duty, SFC Transaction Levy, the Exchange Trading Fee, and FRC Transaction Levy are not covered.
  7. Monthly Trading Volume cannot be used in conjunction with any other securities offers, terms and conditions please refer to: China CITIC Bank International Main page > Personal > Promotions > inVest > Promotions > Terms and Conditions. Transaction that enjoyed commission reduction from other securities offers cannot be calculated in the Monthly Trading Volume.
  8. For joint account customers, only the primary account holder is entitled to the promotion.
  9. This promotion is not applicable to Private Banking customers, corporate customers, One Account with account suffix 90, 91 and 98 and all staff of the Bank during the Promotional Period and at the time of crediting the Reduction Amount.For joint account customers, only the primary account holder is entitled to the promotion.
Terms and Conditions specific to “Designated Trading Days on Every Months Offer” (the “Offer”):
  1. Customers can enjoy 0.1% privilege securities brokerage commission for securities purchases and sales of Hong Kong Stocks, China A-Shares and U.S. Stocks during the Promotional Period via Designated Channels (defined below) on Designated Trading Days (defined below).
  2. Designated Trading Days: 11th January 2024, 31st January 2024, 1st February 2024, 21st February 2024, 1st March 2024, 11th March 2024 and 21st March 2024.
  3. Designated Channels: inMotion, inVest.
  4. The minimum brokerage fee still applies on 0.1% privilege securities brokerage commission. For minimum brokerage fee details, please refer to our “Investment Products Service Fees & Charges”.
  5. Customers are required to pay all applicable commissions and fees upfront. The relevant brokerage commission reduction amount entitled ("Reduction Amount") will be credited to the Customers’ current or savings account according to the schedule as follow:
    Transaction month Reduction Amount credit month
    January to March May
  6. The Reduction Amount is only applicable to the Bank’s brokerage commission. Other taxes, impositions, levies, fees and charges payable for the transaction, including but not limited to the transaction fees imposed by third parties such as stamp duty, SFC Transaction Levy, the Exchange Trading Fee, and FRC Transaction Levy are not covered.
  7. Designated Trading Days cannot be used in conjunction with any other securities offers, terms and conditions please refer to: China CITIC Bank International Main page > Personal > Promotions > inVest > Promotions > Terms and Conditions. Transaction that enjoyed commission reduction from other securities offers cannot be calculated for Reduction Amount.
  8. For joint account customers, only the primary account holder is entitled to the promotions.
  9. This promotion is not applicable to corporate customers, One Account with account suffix 90, 91 and 98 and all staff of the Bank.
Terms and Conditions specific to "Stock Transfer-in/Deposit Offer"(the “Offer”):
  1. Customers must successfully transfer in scripless Hong Kong stocks, U.S. stocks or China A-shares from a third-party financial institution/bank or deposit physical scrip of Hong Kong stocks during the Promotion Period, to be eligible for the cash reward.
  2. The cash reward amount will be determined by the total stock transferred-in/deposited value net of the total stock transferred-out/withdrawal value (“Total Stock Net Value”) of a Customer during the Promotion Period, according to the table below:
    Total stock net value (HK$) Cash reward amount (HK$)
    $500,000 - < $1,000,000 $600
    $1,000,000 - < $3,000,000 $1,200
    $3,000,000 - < $5,000,000 $5,000
    $5,000,000 or above $10,000
  3. The Total Stock Net Value is based on the multiple of the closing stock price on the last trading day of the corresponding successful transferred-in/deposited month and number of transferred-in/deposited shares. If a stock involves foreign currency, an exchange rate of USD1 = HKD7.8/RMB1 = HKD1.2 will be used for its stock value calculation.
  4. Each Customer can only enjoy the Offer once during the Promotion Period.
  5. The Offer is not applicable to any internal transfer between any One Accounts of the Bank.
  6. Other transaction fees / charges / levy still applies. These include, without limitation, brokerage fee, deposit transaction charges (for purchase orders only), Securities and Futures Commission of Hong Kong transaction levy, Accounting and Financial Reporting Council of Hong Kong transaction levy, investor compensation levy, Hong Kong Exchange and Clearing Limited trading fee and stamp duty, handling fee (collected for Shanghai Stock Exchange/Shenzhen Stock Exchange), securities management fee (collected for China Securities Regulatory Commission) and transfer fee (collected for China Securities Depository and Clearing Corporation Limited), U.S. Securities and Exchange Commission (SEC) fee (for sell transaction only) and American Depository Receipt (ADR) fee. For details, please visit https://www.cncbinternational.com/_document/investment-products-service-fees-and-charges/tc/investment-products-service-fees-and-charges.pdf .
  7. The cash reward will be rebated to customers’ Hong Kong Dollar settlement account on or before May 31, 2024. Customers should maintain a valid One Account and Hong Kong Dollar settlement account at the time when the rebate is made, otherwise the cash reward shall be forfeited absolutely and shall not be paid to the customers through any other means.
  8. Previous closing stock price is subject to Hong Kong Exchange (HKEx) adjustment. For details, please refer to the “Guidelines on Adjustments to the Previous Closing Price of a Security” published by HKEx.
  9. The stock transfer activities in a joint name stock account will be considered in the Total Stock Net Value calculation for the primary account holder.
  10. This promotion is not applicable to Private Banking customers, corporate customers, One Account with account suffix 90, 91 and 98 and all staff of the Bank during the Promotional Period and at the time of crediting the cash reward.
Risk Disclosure specific to Securities Trading:
  • Investment involves risks.
  • The price of securities fluctuates, sometimes dramatically. The price of securities may move down or up and may become valueless. It is as likely that losses will be incurred rather than profits made as a result of buying or selling securities.
  • Investors should seek advice from own professional advisors as to particular tax position, including but not limited to estate duty and withholding tax that might arise from investing in overseas products.
  • If investors investing in investment products denominated in non-local currency, one should be aware of the risk of exchange rate fluctuations that may cause a loss of principal.
  • Before making any investment decision, investors should refer to the terms and conditions of relevant securities trading services and risk disclosure statements and seek professional advice where needed.
  • Renminbi (RMB) is subject to exchange rate risk. The Hong Kong dollar value of investment will decrease if the RMB depreciates against Hong Kong dollar. Conversion between RMB and other currencies (including Hong Kong dollar) is subject to policy restrictions relating to Renminbi and consequently the relevant regulatory requirements in Hong Kong. Such requirements may be amended subject to changes in the policy restrictions relating to RMB. RMB is not freely convertible at present. The actual conversion arrangement will depend on the restrictions prevailing at the relevant time.

The above information does not constitute an offer to sell or solicitation for the purchase or sale of any deposit or investment in any products referred to herein.

China CITIC Bank International Limited is an authorized institution under the Banking Ordinance and is regulated by the Hong Kong Monetary Authority.

This promotion material is issued by China CITIC Bank International Limited and its contents have not been reviewed by the Securities and Futures Commission of Hong Kong or any regulatory authority in Hong Kong. No part of this document may be reproduced or transmitted in any form or by any means without the prior written permission of the Bank.