New PREMIER BANKING Customer Referral Program
Enjoy HK$500 Reward for each Successful Referral!
BANKING
- Invite your friends to complete a "Customer Referral Form" to register
- Accept the invitation by Referrer, register and open accounts through any one of the following methods:
- Click here to complete the "Customer Referral Form" online to register
- Then, complete account opening via e-Account Service5 / branch and also fulfill designated requirements
- Click here to download "Customer Referral Form" and fill in to register
- Then, bring the completed form to branch for account opening and also fulfill designated requirements
- New customer must not maintain any account or any banking products or services in sole name or joint name (excluding Credit Card Account) with the Bank in the past 12 months from the date of joining the PREMIER BANKING Service and must not be a staff of the Bank.
- New customer (ie Referee) must become a PREMIER BANKING customer within the Promotion Period and fulfill all of the following designated requirements successfully within 2 calendar months after the joining month: (i) register for Online Banking / Mobile Banking and logon at least once every month in the first 3 calendar months (including the account opening month and the following 2 calendar months), (ii) complete an Investment Profile Questionnaire, (iii) open a securities cash trading account / securities margin trading account / FX linked deposit account / mutual fund investment account , (iv) set up an eStatement and (v) apply for a UnionPay Dual Currency Debit Card (“ATM Card”) and complete eligible ATM Card transaction (including using the ATM Card to make local / overseas retail spending in HKD / any foreign currencies, or to withdraw or deposit funds) for at least once.
- Referrers of the first 500 successful referrals can enjoy the Referral Reward. The Referral Reward is granted on a first-come-first-served basis based on the PREMIER BANKING sign up date of Referees. If the Referee maintains a Wealth Management Connect “Southbound Scheme” account with the Bank (regardless of the “Southbound Scheme” account is opened before/during the Promotion Period or at the time of the Referrer’s receipt of Referral Reward), the Referrer is not eligible to the Referral Reward for such referral.
- For more details, please refer to the relevant website at www.asia.ccb.com/hk/newcif/en .
- Applicable to eligible customers only. For more details, please refer to the "e-Account service" website at www.asia.ccb.com/hk/eaccountservice/en .
Enquiry Hotline : 2903 8303
To borrow or not to borrow? Borrow only if you can repay!
A. General Terms and Conditions
- The promotion period of the Program is from April 2, 2024 to June 30, 2024 (both dates inclusive) ("Promotion Period").
- If Referrer successfully refers a new customer (“Referee”) to join PREMIER BANKING Service with China Construction Bank (Asia) Corporation Limited (the “Bank”) during the Promotion Period, Referrer may enjoy the Referral Reward as specified under Section B below. The Referral Reward is granted on a first-come-first-served basis based on the PREMIER BANKING sign up date of the Referee.
- The Referrer must be an existing customer of the Bank, must not be the staff of the Bank and the staff of the subsidiary companies of China Construction Bank.
- The Referee must not maintain any account or any banking products or services in sole name or joint name (excluding Credit Card Account) with the Bank in the past 12 months from the date of joining the PREMIER BANKING Service, and must not be a staff of the Bank. If the Referee maintains a Wealth Management Connect “Southbound Scheme” account with the Bank (regardless of the “Southbound Scheme” account is opened before/during the Promotion Period or at the time of the Referrer’s receipt of Referral Reward), the Referrer is not eligible to the Referral Reward for such referral.
- The Referee must become a new PREMIER BANKING customer within the Promotion Period, while the required minimum amount of the Daily Average Combined Balance for the PREMIER BANKING customer must be HK$1,000,000 or equivalent, and fulfill all of the following designated requirements successfully within the 2 calendar months after the account opening month: (i) register for Online Banking / Mobile Banking and logon at least once every month in the first 3 calendar months (including the account opening month and the following 2 calendar months), (ii) complete an Investment Profile Questionnaire, (iii) open a securities cash trading account / securities margin trading account / FX linked deposit account / mutual fund investment account, (iv) set up an eStatement and (v) apply for a UnionPay Dual Currency Debit Card (“ATM Card”) and complete eligible ATM Card transaction (including using the ATM Card to make local / overseas retail spending in HKD / any foreign currencies, or to withdraw or deposit funds) for at least once.
- The New PREMIER BANKING Customer Referral Form must be filled-in by the Referee and successfully submitted to any consumer branch(es) of the Bank or submitted via the website of the Bank prior to or on the same day of joining PREMIER BANKING Service by the Referee (as determined in accordance with the Bank’s record).
- Referrer to be eligible to the Referral Reward, Referrer and Referee must provide accurate name (must be same as identification document) and mobile phone number (must be same as the Bank’s record (if applicable)) on the New PREMIER BANKING Customer Referral Form. By providing relevant information to the Bank, the Referrer and the Referee agree to be bound by the relevant terms and conditions.
- Referrer and Referee cannot refer each other. The Referrer and the Referee cannot be the same person. If the Referee joins PREMIER BANKING Service under joint name with the Bank, the Referrer is eligible for Referral Reward once only. If the Referrer is one of the account holders of the newly opened PREMIER BANKING Service under joint name, he / she is not eligible to the Referral Reward.
- The Referrer must maintain a valid HKD Checking / Savings account or principal credit card account with the Bank, and the Referee must maintain the joined PREMIER BANKING Service (the required minimum amount of the Daily Average Combined Balance for the PREMIER BANKING customer must be HK$1,000,000 or equivalent) and maintain relevant banking service(s)/account(s) at the time that the Referral Reward are credited. Otherwise, the Referral Reward will be forfeited and will not be provided to the Referrer through any other means. If the Referee maintains a Wealth Management Connect “Southbound Scheme” account with the Bank (regardless of the “Southbound Scheme” account is opened before/during the Promotion Period or at the time of the Referrer’s receipt of Referral Reward), the Referrer is not eligible to the Referral Reward for such referral.
- The Program cannot be used in conjunction with other referral promotion offers of the Bank, the Bank reserves the right to grant partial or all of offers entitled by the Customer.
- The Bank reserves the right to contact the Referrer to verify the Referrer information. The information is only used for confirming the registration and the eligibility of reward entitlement.
- Customer is also bound by relevant terms and conditions for the banking products and services under the Program, please refer to the relevant promotional materials or visit the official website of the Bank or contact our staff for details. In the event of any inconsistency between these Terms and Conditions and the relevant terms and conditions for the banking products and service, these Terms and Conditions of the Program shall prevail.
- The Bank reserves the right to revise these Terms and Conditions, withdraw or vary the offers anytime.
- In case of dispute, the decision of the Bank shall be final and binding.
B. Offer details:
- Referral Reward (“Referral Reward”)
The Referrer who successfully refers Referee to join PREMIER BANKING Service during the Promotion Period can enjoy HK$500 Referral Reward for each successful referral. Referrers of the first 500 successful referrals can enjoy the Referral Reward. The Referral Reward is granted on a first-come-first-served basis based on the PREMIER BANKING sign up date of the Referee. - Each Referee can only be referred once. If the Referee is referred by more than one Referrer, the Referral Reward will be given to the Referrer as specified in the latest Customer Referral Form submitted according to the Bank's record.
- Referral Reward will be credited directly to the Referrer’s valid HKD bank account (excluding Step Up Savings Account and Time Deposit Account) or principal credit card account held with the Bank (if applicable and in the priority of HKD Savings Account, HKD Checking Account or principal credit card account) according to below schedule. The Referrer and Referee must also fulfill the conditions stated under Clause 9 at the time of crediting Referral Reward. Below is the schedule for crediting the Referral Reward:
Date of enrollment of PREMIER BANKING Service by the Referee Referral Reward Credit Date April 2 to June 30, 2024 On or before October 31, 2024
Risk Disclosure
Investment involves risks. The prices of investment products fluctuate, sometimes dramatically, and may become valueless. Investment products are not equivalent to or alternative of time deposits. They are not protected deposits, and are not protected by the Deposit Protection Scheme in Hong Kong. Some investment products may involve derivatives. Certain investment products may not be available in all jurisdictions and/or may be subject to restrictions. The investment decision is yours, but you should not invest in an investment product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. Investors should not invest based on this promotion material alone. Before making any investment decision, customers should consult their own independent professional financial, tax or legal advisors and read the relevant offering documents for further details including the risk factors in order to ensure that they fully understand the risks associated with the investment products.
Securities Trading
It is as likely that losses will be incurred rather than profits made as a result of buying and selling securities.
Securities Margin Trading
If a client maintains a margin account with the Bank, the risk of loss in financing a transaction by deposit of collateral is significant. The client may sustain losses in excess of the client’s cash and any other assets deposited as collateral with the Bank. Market conditions may make it impossible to execute contingent orders, such as “stop-loss” or “stop-limit” orders. The client may be called upon at short notice to make additional margin deposits or interest payment. If the required margin deposits or interest payments are not made within the prescribed time, the client’s securities collateral may be liquidated without the client’s consent. Moreover, the client will remain liable for any resulting deficit in the client’s account and interest charged on the client’s account. The client should therefore carefully consider whether such a financing arrangement is suitable in light of the client’s own financial position and investment objectives.
RMB Currency Risk
RMB is currently not freely convertible and is subject to exchange controls and restrictions (which are subject to changes from time to time without notice). You should consider and understand the possible impact on your liquidity of RMB funds in advance. The fluctuation in the exchange rate of RMB may result in losses in the event that you convert RMB into other currencies. Onshore RMB and offshore RMB are traded in different and separate markets operating under different regulations and independent liquidity pool with different exchange rates. Their exchange rate movements may deviate significantly from each other.
Online Investment Trading Services
Due to unpredictable network traffic congestion and other reasons, the Internet and other electronic media may not be reliable media of communication and transactions conducted over the Internet and via other electronic media are subject to: (i) possible failure or delay in the transmission and receipt of instructions for any or all transactions in investment products or other information, and (ii) possible failure or delay of execution or execution at prices different from those prevailing at the time when your instructions were given. There are risks associated with the online investment trading system, including the failure of hardware and/or software, and the result of any such system failure may be that your orders are either not executed according to your instructions or are not executed at all. There are risks of interruption, distortion, omission, blackout or interception during the transmission of instructions for any or all transactions in investment products, as well as of any misunderstanding or errors in communication.
Mutual Fund Investment
The past performance of a mutual fund is not a guide to its future performance and yields are not guaranteed. Customers could lose some or all of the principal amount invested. Funds are not obligations of, or guaranteed by, the Bank or any of its affiliates. The Bank will normally be paid a commission or rebate by the fund manager.
FX Linked Deposit
FX Linked Deposit is a structured product involving derivatives. FX linked deposit is an unlisted investment product and subject to the credit and insolvency risk of the Bank. Its return is limited to the interest payable, which will be dependent on movements in some linked exchange rate. Exchange rates are affected by a wide range of factors, including, among others, international finance, economics, politics, central banks and other bodies intervention and natural events, and may rise or fall rapidly. Whilst the possible return may be higher than conventional time deposits, it is normally associated with higher risks. When the fluctuation of the linked exchange rates differs from what the customer expected, the customer may have to bear the loss. While some FX linked deposit types are principal-protected conditionally, others are not principal-protected. The FX linked deposit is not the same as investing in its linked currency. It is not protected by the Investor Compensation Fund. If the FX linked deposit is approved by the Bank to be withdrawn before its maturity, the customer may also need to bear the costs involved which may reduce the return and the principal amount of the FX linked deposit he may get back. There is no secondary market for the FX linked deposit and it is not collateralized. The Bank can early terminate the FX linked deposit.
Currency Switching and Foreign Exchange Risk
Currency exchange rates are affected by a wide range of factors, including, among others, national, international financial and economic conditions, political and natural events, interest rates etc. The effect of normal market forces may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and prices linked to such rates, may rise or fall rapidly.
Disclaimer
This promotion material is intended to be distributed in the Hong Kong Special Administrative Region (“Hong Kong”) for reference only, and shall not be construed as an offer to sell or a solicitation of an offer or recommendation to purchase or sale or provision of any investment or insurance products in or outside Hong Kong. This promotion material and the FX linked deposits abovementioned are issued by China Construction Bank (Asia) Corporation Limited which is a licensed bank regulated by the Hong Kong Monetary Authority, an approved insurance agent under the Insurance Ordinance (Chapter 41, Laws of Hong Kong) and a Registered Institution (CE No. AAC155) under the Securities and Futures Ordinance to carry on Type 1 (Dealing in Securities) and Type 4 (Advising on Securities) Regulated Activities. This promotion material has not been reviewed by any regulatory authorities in Hong Kong.