Terms and Conditions for New Fund Transfer-in Offer:

  1. The promotion period is from 1 January 2025 to 31 March 2025, both dates inclusive (the "Promotion Period").
  2. This offer is applicable to new and existing Hang Sang Bank Limited (the “Bank”) Cross-boundary Wealth Management (“WMC”) Southbound Customers (the “Eligible Customers”).
  3. During the Promotion Period, an Eligible Customer who successfully transfers fund from the remittance account he/she holds with the Bank (“Eligible Remittance Account”) to the Cross-boundary WMC Southbound Investment Account (“Eligible Investment Account”) via “Cross-Border View and Transfer” in Hang Seng Personal e-Banking or Personal Banking Mobile App and the net transfer-in amount to the Eligible Investment Account at the end of the Promotion Period (“New Fund”) reaches the specified amount, the Eligible Customer is eligible to enjoy the e-voucher amount as listed in the table below:
    "New Fund" in the Eligible Investment Account Amount of e-voucher
    Every RMB 200,000 HKD200 (Maximum HKD3,000)
    Definition of "New Fund":
    “New Fund” refers to the positive net transfer-in amount to the Eligible Investment Account at the end of the Promotion Period. The calculation is based on the accumulated remittance amount from the Eligible Remittance Account to the Eligible Investment Account during the Promotion Period minus the accumulated remittance amount from the Eligible Investment Account to the Eligible Remittance Account during the Promotion Period. All remittance amounts from the relevant accounts are subject to the Bank's records. In case of any dispute, the Bank reserves the right to make the final decision on the definition of “New Fund”.
    Illustrative Example:
    Assume that an Eligible Customer has the following remittances during the Promotion Period:
    Period of remittances Accumulated amount deposited from the Eligible Remittance Account to the Eligible Investment Account (a) Accumulated amount deposited from the Eligible Investment Account to the Eligible Remittance Account (b) New Fund amount (a) – (b)
    1 Jan to 31 Mar 2025 RMB3,000,000 RMB500,000 RMB2,500,000
    With the New Fund amount of RMB2,500,000 at the end of the Promotion Period, the Eligible Customer is entitled to:
    HKD200 x 12 = HKD2,400 e-voucher amount
  4. The Offer is calculated on a “per-Eligible customer basis”. Each eligible customer can only enjoy the Offer once during the Promotion Period and can only receive a maximum of HKD3,000 e-voucher (the amount of the e-voucher depends on the “New Fund” amount calculated by the Bank).
  5. The e-voucher will be sent to the Eligible Customer’s mobile phone number registered with the Bank in the form of SMS on or before 30 June 2025. In order to receive the e-voucher, Eligible Customers must still hold the relevant WMC Southbound Investment Account when the SMS is sent or he/she will be deemed to have forfeited the right to receive the e-voucher.
  6. The Bank shall not be responsible for any legal liabilities related to the use of e-vouchers. Any products and/or services purchased with e-vouchers are the sole responsibility of the e-voucher supplier. Any disputes or complaints regarding e-vouchers shall be resolved between the customer and the supplier. For details on the use of e-vouchers, please refer to the information on the e-voucher.
  7. Unless otherwise specified, the Offer is not applicable to Business Banking and Private Banking customers of the Bank, and cannot be used in conjunction with other offer(s) of the Bank.
  8. No person other than the customer and the Bank (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms and Conditions.
  9. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  10. These Terms and Conditions are subject to prevailing regulatory requirements.
  11. For more details of the Offer, please contact the Bank’s staff. The Offer is offered by the Bank. The Bank reserves the right to suspend, vary or terminate the Offer and to amend these Terms and Conditions at any time without prior notice. The Bank also reserves the right of final decision on all matters relating to the Offer, which shall be binding on all parties concerned.
  12. In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.

RMB Currency risk
Renminbi (“RMB”) is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.

Foreign Currency risk
Foreign Exchange involves Exchange Rate Risk. Fluctuations in the exchange rate of a foreign currency may result in gains or losses in the event that the customer converts HKD to foreign currency.