PROMOTIONAL TERMS AND CONDITIONS:
Terms and Conditions to "12 months $0 advisory service fee for Robo 360 Account" (“Promotional Offer”):
- The promotional period is from 1 January 2021 to 31 December 2021, both dates inclusive ("Promotional Period").
- This Promotional Offer is only applicable to Robo 360 Accounts successfully opened during the Promotional Period ("Eligible Robo 360 Account").
- Customers who maintain Eligible Robo 360 Account (“Eligible Customers”) can enjoy $0 advisory service fee for asset under advice in the Eligible Robo 360 Account during the month of account opening and the subsequent 12 months.
- Advisory service fee is calculated based on the total value of asset under advice in Robo 360 Account. Each of the Eligible Robo 360 Account can enjoy $0 advisory service fee for the total value of asset under advice with a monthly cap (HKD equivalent). The monthly cap is sum of the balance on the last business day of that month of current account, saving account and the One Account “Deposit” under the sole name of the Eligible Customers (HKD equivalent). A business day is through Monday to Saturday (except public holiday).
- Eligible Customers are required to pay all applicable advisory service fee upfront. China CITIC Bank International Limited (the “Bank”) will credit reduction amount of advisory service fee ("Reduction Amount") entitled to the Eligible Customers’ current or saving account according to the schedule as follow:
|Advisory service fee debit month
||Reduction Amount credit month
|Jan to Mar
|Apr to Jun
|Jul to Sep
|Oct to Dec
- Eligible Customers must maintain the Eligible Robo 360 Account and current or saving account with the Bank at the time when the Reduction Amount is credited.
- This Promotional Offer is not applicable to corporate customers and staffs of the Bank during the Promotional Period and at the time of crediting the Reduction Amount.
- The Bank reserves the right to determine Eligible Customers’ entitlement to any Promotional Offer. The eligibility of this Promotional Offer is subject to the Bank (in its sole and absolute discretion) verification and confirmation.
- No part of this Promotional Offer is transferable, exchangeable or returnable.
- The Bank reserves the right to amend, suspend, cancel or terminate this Promotional Offer and amend the Promotional Terms and Conditions any time without prior notice, and shall not be responsible for any costs, expenses, losses or liabilities arising out of or in connection with such amendment, suspension, cancellation or termination.
- In case of any dispute arising out of or in connection with this Promotional Offer, the decision of the Bank shall be final and binding on the Customers.
- Fraud and abuse will result in forfeiture of the Eligible Customers to participate in this Promotional Offer as well as cancellation of the Robo 360 Accounts. The Bank further reserves the right to deduct the relevant Reduction Amount in this Promotional Offer directly from the Eligible Customers’ current or saving account without prior notice and/or take legal action in such instances.
- 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.
- 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.
- In the event of any inconsistency between the English and Chinese versions of these Promotional Terms and Conditions, the English version shall prevail.