China CITIC Bank International

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 CNCBI One Account of China CITIC Bank International Limited (the "Bank") who successfully execute the eligible transaction(s) during the period from 1 October 2018 to 31 December 2018, both dates inclusive ("Promotional Period") (the “Customers”) subject to these Promotional Terms and Conditions.
  2. For joint account customers, only the primary account holder is entitled to the promotions.
  3. Customers must maintain the relevant One Account and current or saving account with the Bank at the time when the Reduction Amount (as defined below) or cash rebate are credited.
  4. 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 and the Exchange Trading Fee are not covered.
  5. The Bank reserves the right to amend, suspend, cancel or terminate these promotions and amend the Promotional Terms and Conditions any time without prior notice. In case of any dispute, the decision of the Bank shall be final and binding on the Customers.
  6. 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.
  7. 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.
  8. 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 "Up to a lifelong $0 brokerage commission for securities purchases":
  1. This promotion is only applicable to customers who have (i) not maintained any Securities Cash Account or One Account (whether in sole name or joint account) with the Bank within the preceding 12 months from 19 September 2018 and (ii) opened a New One Account during the Promotional Period (the “New One Account Customers”).
  2. New One Account Customers can enjoy $0 brokerage commission for securities purchases of Hong Kong Stocks, U.S. Stocks and China A-shares executed through the New One Account via Designated Channels (as defined below) (the "Eligible BUY Transactions") within the account opening month and following first 6 months from the account opening date of the New One Account. In addition, starting from the 7th month of account opening, the $0 brokerage commission for securities purchases will be continued if customer performs at least one buy or sell securities transaction (exclude IPO subscription) in each calendar month thereafter. If there is no buy or sell securities transaction in a calendar month starting from 7th month, the $0 brokerage commission for securities purchases offer will be terminated.
  3. Designated Channels: inMotion, i-banking, CITICmobile or Automated Securities Trading Hotline.
  4. New One Account Customers are required to pay all applicable commissions and fees upfront. The relevant brokerage commission reduction amount entitled in respect of the Eligible BUY Transactions (the "Reduction Amount") will be credited to the customers’ saving or current account according to the schedule as follow:
    Transaction month Reduction Amount credit month
    January to March May
    April to June August
    July to September November
    October to December February
  5. This promotion is not applicable to Private Banking customers, corporate customers and customers who are the employee of the Bank during the Promotion Period and at the time of crediting the Reduction Amount.
Terms and Conditions specific to “$0 brokerage commission to buy/sell newly listed HK stocks on its first trade day”:
  1. Customers can enjoy a $0 Securities brokerage commission for all BUY and SELL transactions of IPO Stocks (Applicable to Hong Kong Public Offering Stocks but excluding Equity Warrants, Covered Warrants, Callable Bull Bear Contracts, Bonds, Exchange Traded Funds, Companies Listed by Way of Introduction, Transfer of Listing to the Main Board, Change of Stocks Code) at its first day of dealing commence at Hong Kong Stocks Exchange during promotion period via Designated Channels (defined below).
  2. Designated Channels: inMotion, i-banking, CITICmobile or Automated Securities Trading Hotline.
  3. Customers will enjoy a $0 Securities brokerage commission for IPO Stocks on its first day of dealing commence at Hong Kong Stocks Exchange. The total standard brokerage fee for each customer will be capped to HK$100,000 on each transaction date.
  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 saving account within 6 months after conducting IPO Trading Transactions according to the schedule as follow:
    Transaction month Reduction Amount credit month
    January to March May
    April to June August
    July to September November
    October to December February
  5. This promotion is not applicable to corporate customers and staff of the Bank.
Terms and Conditions specific to “$0 IPO Application Handing Fee via Automated channels”:
  1. $0 IPO Application Handling Fee is applicable to customers who apply for IPO with any One Account (in sole or joint name) with the Bank via automated application channels during the Promotional Period.
  2. Handling Fee will be waived when submitting application.
  3. This promotion is not applicable to corporate customers and staff of the Bank.
Terms and Conditions specific to “Investment Products Transfer-in or Deposit Cash Reward” Offer:
  1. Investment Products Transfer-in or Deposit Cash Reward Offer ("Cash Reward Offer") is only applicable to customers who have submitted the applications of relevant transfer-in or deposit of investment funds, bonds, Hong Kong Stocks, U.S. Stocks or China A-shares (“Eligible Assets”) during the Promotional Period and also successfully completed the relevant transfer-in or deposit of Eligible Assets by 31 January 2019
  2. Customers will be entitled to HKD1,000 cash reward for every cumulative transfer-in or deposit of Eligible Assets of HKD1,000,000 (or its equivalent in other currencies) during the Promotion Period. The maximum cash reward is HKD10,000 per customer for the entire Promotion Period.
  3. The Cash Reward Offer is only applicable to Eligible Assets accepted by the Bank. The Bank reserves the right to have final decision whether the customers can enjoy this Cash Reward Offer.
  4. The Cash Reward Offer will be credited to the customers’ HKD account on or before 31 March 2019.
  5. The latest market price of the Eligible Assets available to the Bank as of the date the Bank receives the Eligible Assets will be used to calculate the accumulated amounts of Eligible Assets transferred-in or deposited. For the calculation of offer entitlement arising from transfer-in or deposit of Eligible Assets denominated in currencies other than HKD, the value of the Eligible Assets transferred-in or deposited will be converted into HKD based on relevant prevailing foreign exchange rates determined by the Bank.
  6. If customers partially/fully transfer out the transferred-in or deposited Eligible Assets on or before 31 January 2019, the Bank reserves the right to disapprove customer’s entitlement of this offer.
  7. To be eligible for this offer, customer should also maintain with the Bank a portfolio of Eligible Assets and that the growth of the aggregate market value of the said portfolio from 30 September 2018 to 31 January 2019 be not less than those Eligible Assets that were transferred in to the Bank during the Promotional Period.
  8. To be eligible for this offer, customers must maintain the relevant investment account and the respective HKD deposit account with the Bank at the time of crediting the cash reward.
  9. This promotion is not applicable to corporate customers and staff of the Bank.