Terms and Conditions for New Personal Banking Customer Time Deposit Promotion (“Program”)


A. General Terms and Conditions:

  1. The promotion period of the Program is from June 1, 2025 – June 30, 2025, both dates inclusive (“Promotion Period”).
  2. The Promotion is only applicable to new “WISE BANKING” customers and general personal banking customers of China Construction Bank (Asia) Corporation Limited (the “Bank”) within the Promotion Period and have not maintained any accounts in sole name or joint name and used any banking products or services (excluding credit card account) of the Bank in the past 12 months before the date of joining this Program, i.e., between June 1, 2024, and May 31, 2025, inclusive of both dates ("Eligible Customers"). The Promotion is not applicable to Private Banking customers, Commercial Banking customers, corporate customers and Capital Investment Entrant Scheme customers, “PRIVATE WEALTH”, “PREMIER BANKING” personal banking customers of the Bank and the customers who maintain a Wealth Management Connect “Southbound Scheme” account with the Bank (regardless of the customers opened the “Southbound Scheme” account before/during the Promotion Period or at the time of receipt of Offer), and is not applicable to the staff of the Bank and the staff of the subsidiary companies of China Construction Bank. This Promotion is only applicable to customers registered with a Hong Kong address. The Bank reserves the right to determine the eligibility of the customers for this Promotion.
  3. Eligible Customers will be entitled to the offer as specified under Section B (“Offer”) for only once; for joint accounts, only the primary account holders will be entitled to the Offer and qualified as Eligible Customers.
  4. If an Eligible Customer is also entitled to other promotional offers for or relating to the same account, product or service, the Bank reserves the right to provide only one offer to the Eligible Customer.
  5. If an Eligible Customer terminates or cancels any of the relevant services in respect of which offers would be awarded or no longer holds any Savings or Checking account with the Bank before or at the time of receiving the relevant Offers, he/ she will be disqualified.
  6. The Bank reserves the rights to suspend, modify or terminate any of the offer(s) or the Program and change these Terms and Conditions at any time.
  7. Eligible Customers are also bound by the terms and conditions for the relevant banking products and services. Please refer to the relevant promotional materials, visit the official website of the Bank or contact our staff for details.
  8. In case of any inconsistency between English and Chinese versions of these Terms and Conditions, the English version shall prevail. In case of dispute, the decision of the Bank shall be final and conclusive.

B. Offers Details:

  1. Eligible Customers are required to complete the following designated tasks by specified dates:

    Task

    Task Completion Date (Both Dates Inclusive)

    a.Through CCB (Asia)'s "e-Account Service",

    • Open all of the following accounts including (i) Multi-Currency Statement Savings Account, (ii) HKD Statement Savings Account, and (iii) Time Deposit Account;

    June 1 to
    June 30, 2025

    b.Complete the Online Registration Form of the Program*

    June 1 to
    June 30, 2025

    c. Deposit HKD $50,000 or above into the newly established HKD Statement Savings Account.

    June 1 to
    July 15, 2025


    *Please ensure the particulars recorded on the Online Registration Form are correct. Any discrepancies failing to match with the Bank's record might culminate in an unsuccessful Time Deposit placement. In scenarios where a customer has submitted multiple times of Online Registration Form, the Bank shall proceed with the first valid rendition of the Online Registration Form for further processing.  Subsequent submissions will be considered invalid.  In the event of any disputes arising out of this promotion, the Bank’s decision shall be final and conclusive.


  2. The eligible Customers who meet all the requirements listed in clause 9 (“Eligible Customers who have completed the tasks”) above can enjoy one of the following two preferential time deposit interest rates (p.a.) (“Offer”), limited to once only.

    Tenor

    Time Deposit Amount

    Preferential HKD
    Time Deposit
    Interest Rate (p.a.)

    1-Month

    HKD $50,000
    (Fixed Amount)

    6.68%

    3-Month

    4.08%


  3. The Bank will execute the placement of the corresponding time deposit according to the tenor the Eligible Customers selected on the Online Registration Form and according to the Offer listed under Clause 10 of these Terms & Conditions, within 2 working days from the day of tasks completion.
    Principal amount of the Time Deposit will be debited from your HKD Statement Savings Account, please ensure that the designated account holds adequate funds, specifically a minimum balance of HK$50,000, to facilitate the time deposit placement. Failing which, it may result in an unsuccessful placement of the Time Deposit.  Maturity instruction of the Time Deposit will be crediting the principal plus interest to your HKD Statement Savings Account.

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. The information is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. 


Currency Exchange
Currency exchange involves bid-ask spread.


Exchange Rate Risk
Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market force may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and price linked to such rates, may rise or fall rapidly. The fluctuations in the exchange rate of a foreign currency may result in losses in the event that you convert HKD to any foreign currency or vice versa.


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 product in or outside Hong Kong. The promotion materials 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.