Hang Seng Bank

Terms and Conditions of Online Investment 2% p.a. Bonus Interest Rate Offer (the “Offer”):

The promotion period is from 1 April 2025 to 30 June 2025, both dates inclusive (the "Promotion Period").
The Offer is applicable to Prestige Private, Prestige Banking, Preferred Banking and Integrated Account (the “Eligible Account”) personal customers of Hang Seng Bank Limited (the “Bank”) who, according to the Bank’s record, did not have transaction record of the corresponding Structured Products, Secondary Market Bonds, Certificate of Deposit, Capital Protected Investment Deposit, MaxiInterest Investment Deposit, FX and Precious Metal Margin Trading Services and/ or FX2 - FX and Precious Metal Trading Services (each a “Designated Investment Product” and together “Designated Investment Products”) from 1 OCtober 2024 to 31 March 2025 (“Eligible Customers”).

For example, if a customer has subscribed for Capital Protected Investment Deposit (but has not subscribed for MaxiInterest Investment Deposit) during 1 October 2024 to 31 March 2025, and subsequently successfully subscribed for MaxiInterest Investment Deposit during the Promotion Period, the customer can enjoy the Offer for the subscription of MaxiInterest Investment Deposit only (assuming all the other eligibility criteria of the Offer has also been fulfilled).

During the Promotion Period, Eligible Customers successfully complete the first subscription/ transaction (as set out in the table below) of the Designated Investment Product(s) via Hang Seng e-Banking or Hang Seng Mobile App using the Eligible Accounts can enjoy 2% p.a. bonus interest rate for the relevant calculation period (the “Additional Interest”), capped at a maximum of HKD200 for each type of the Designated Investment Products so a maximum of HKD1,200 in total by completing a maximum of 6 types of the Designated Investment Products.

As customers cannot open/hold a Hang Seng FX and Precious Metal Margin Trading Service Account and a FX2 - FX and Precious Metal Trading Service Account at the same time, and thus the maximum number of the Designated Investment Products completed is 6.

Offer details of respective Designated Investment Products are as follows:

Designated Investment Products	Calculation Period of Additional Interest
Structured Products*	Investment period or 1 month (whichever is shorter)
Secondary Market Bonds
Certificate of Deposit
Capital Protected Investment Deposit	Deposit period or 1 month (whichever is shorter)
MaxiInterest Investment Deposit	Deposit period or 1 month (whichever is shorter)
FX and Precious Metal Margin Trading Services; or FX2 - FX and Precious Metal Trading Services	1 week

*Structured Products includes Structured Notes and Equity-linked Investments (ELI), but excludes Capital Protected Investment Deposit (CPI) and MaxiInterest Investment Deposit (MXI).

The period of the Additional Interest offer for Structured Products, Secondary Market Bonds, Certificate of Deposit, Capital Protected Investment Deposit and MaxiInterest Investment Deposit ( “Designated Investment Product Category A” ) is up to 1 month. If the deposit period / investment period of the Designated Investment Product Category A is shorter than 1 month, the Additional Interest offer will be calculated according to the deposit period / investment period of the Designated Investment Product Category A, and calculated on a 365-day per year basis; if the deposit period of Designated Investment Product Category A is longer than 1 month, the Additional Interest will be offered for the first month only.
The period of the Additional Interest offer for FX and Precious Metal Margin Trading Services and FX2 - FX and Precious Metal Trading Services is up to 1 week, and calculated on a 365-day per year basis.

Example of the calculation of the Additional Interest offer is illustrated as follows for reference:

Designated Investment Products	Interest Rate Reference	Calculation period of Additional Interest	Illustrative Examples
Structured Products	Coupon Rate	1 month or the investment period (whichever is shorter)	Assumptions: Subscription date: 7 February 2025 Investment product: Equity Linked Structured Product A Investment period: 6 months Subscription amount: HKD100,000 Coupon rate: 6% p.a.
Structured Products	Coupon Rate	1 month or the investment period (whichever is shorter)	Additional Interest offer Calculation period of Additional Interest = 1 month (HKD100,000x 2%) x 1/12 month = HKD166.67	Original Interest Return^ (HKD100,000 x 6%) x 6/12 month = HKD3,000
Certificates of Deposit (CDs) or Secondary Market Bonds	Coupon Rate	1 month or the investment period (whichever is shorter)	Assumptions: Subscription date: 7 February 2025 Subscription amount: HKD500,000 Investment period: 1 year Annual interest rate: 4.3% p.a.
Certificates of Deposit (CDs) or Secondary Market Bonds	Coupon Rate	1 month or the investment period (whichever is shorter)	Additional Interest offer Calculation period of Additional Interest = 1 month (HKD500,000x 2%) x 1/12 month = HKD833.33 (Additional Interest is capped at a maximum of HKD200)	Original Interest Return^ (HKD500,000x 4.3%)= HKD21,500
Capital Protected Investment Deposit	Potential return rate	1 month or the deposit period (whichever is shorter)	Assumptions: Subscription date: 7 February 2025 Investment type: American Bearish on JPY (USD / JPY) Subscription amount: : USD10,000 Deposit period: 6 months Potential return rate: 8%p.a.; minimum return rate: 0.02%p.a.
			Assuming receiving potential return at maturity
			Additional Interest offer Calculation period of Additional Interest = 1 month Assuming the exchange rate of USD/HKD on 31 March 2025 is 7.82: (USD10,000x 2%) x 1/12 x 7.82= HKD130.33	Original Interest Return^ Assuming to receive potential return at maturity: (USD10,000x 8%) x 6/12 = USD400
MaxiInterest Investment Deposit	Annual interest rate	1 month or the deposit period (whichever is shorter)	Assumptions: Subscription date: 7 February 2025 Investment type: HKD as deposit currency, linked with AUD Subscription amount: HKD100,000 Deposit period: 2 weeks Annual interest rate: 4% p.a.
			Assuming receiving deposit currency at maturity
			Additional Interest offer Calculation period of Additional Interest = 2 weeks (HKD100,000x 2%) x 14/365 = HKD76.71	Original Interest Return^ (HKD100,000x 4%) x 14/365 = HKD153.42
FX and Precious Metal Margin Trading Services	Annual interest rate	1 week	Assumptions: Subscription date: 7 February 2025 Investment details: Buy EUR against USD (Long position) Transaction amount: USD100,000
FX and Precious Metal Margin Trading Services	Annual interest rate	1 week	Additional Interest offer Calculation period of Additional Interest = 1 week Assuming the exchange rate of USD/HKD on 31 March 2025 is 7.82: (USD100,000 x 2%) x 7/365 x 7.82 = HKD299.95 (capped at a maximum of HKD200 additional interest)	Original Interest Return N/A
FX2 - FX and Precious Metal Trading Services	Annual interest rate	1 week	Assumptions: Subscription date: 7 February 2025 Investment details: Buy EUR against HKD (Short position) Transaction amount: HKD25,000 Assuming receiving deposit currency at maturity
FX2 - FX and Precious Metal Trading Services	Annual interest rate	1 week	Additional Interest offer Calculation Period of Additional Interest = 1 week (HKD25,000 x 2%) x 7/365 = HKD9.59	Original Interest Return N/A

^ Please refer to the offering documents of the respective investment products for details including risk disclosures and detailed scenario analysis.

The first subscription of Designated Investment Product(s) completed by Eligible Customers must not be early withdrawn/terminated for at least the first month or the entire deposit/ investment period (whichever is shorter) in order to be eligible for the Offer.
In determining the Designated Investment/ Transaction Amount of Designated Investment Product(s), only the value of the first completed investment/ transaction via the Eligible Accounts of Eligible Customers will be counted, while the value of any cancelled or unsuccessful transactions will be excluded. The Offer is only applicable to New Orders and Square Orders with spot price. Match and square transactions, conditional orders or mark-cut orders are not eligible. If the Designated Investment Product(s) invested during the Promotion Period are denominated in currency other than Hong Kong dollar (the “HKD”), the Designated Investment Amount of Eligible Customers will be calculated by converting it into HKD based on the prevailing exchange rate as determined by the Bank as of the last dealing day of June 2025.
If subscriptions of Designated Investment Product are made in a currency other than HKD, the amount of Additional Interest will be calculated by converting it into HKD based on the exchange rate as determined by the Bank on the last dealing day of June 2025.
Application for the Designated Investment Product(s) must be successfully made on or before the end date of Promotion Period. Any application made after the cut-off time will not be regarded as application made during the Promotion Period and will not be counted towards the Designated Investment Amount within the Promotion Period. Please note that the cut-off time for different investment products through different channels may vary. Eligible Customers are advised to check the cut-off time for the Designated Investment Product(s) with our staff prior to subscribing for Designated Investment Product(s) via different channels.
The Offer is counted on a "per-Eligible Customer basis". In case the relevant account is a joint-named account, only the primary account holder can enjoy the Offer.
The Bank will credit the Additional Interest into, in each case, the HKD settlement account of the relevant Eligible Account of the customer on or before 30 September 2025. The relevant Eligible Account and the HKD settlement account must remain valid when the Additional Interest is credited.
The Offer is not applicable to Commercial Banking and Private Banking customers of the Bank. The Offer cannot be used in conjunction with “Subscription of Relevant Investment Products Offer” and other offer(s) of the Bank, i.e. the Bank will provide to the customer only one offer which has a higher reward amount.
No person other than the Eligible Customers 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.
These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
These Terms and Conditions are subject to prevailing regulatory requirements (where applicable).
The Offer is provided 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.
In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.

Risk Disclosures

Risk Disclosure of Equity Linked Investments ("ELIs")

Equity Linked Investments ("ELIs") involve derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in ELIs 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.
ELIs are considered as a complex product and you should exercise caution in relation to ELIs. The market value of the ELIs may fluctuate and you may sustain a total loss of their investment. You should therefore ensure that you read and understand the nature of the ELIs and the relevant offering documents of the ELIs (including the full text of the risk factors therein) and, where necessary, seek independent professional advice, before making any investment decisions.
Liquidity risk - ELIs are designed to be held to its maturity. You may not be able to sell your investment in the ELIs before maturity. If you try to sell the ELIs before maturity, the amount you receive may be substantially less than the investment amount.
Credit risk of the ELI issuer - ELIs constitute general unsecured and unsubordinated contractual obligations of the issuer . When you buy ELIs, you will be relying on the creditworthiness of the ELI issuer and of no other person. You have no rights under the terms and conditions of ELIs against any issuer of any linked stock. If the relevant ELI issuer becomes insolvent or default on its obligations under the ELIs, in the worst case scenario, you could lose substantial part or all of the capital invested. ELIs may be terminated early by the Issuer.
Some ELIs are partially capital protected at maturity provided that you hold the ELIs until maturity and the ELIs are not otherwise early terminated.
Investing in ELIs is not the same as investing in the linked reference asset(s) directly.
Not covered by the Investor Compensation Fund - ELIs are not traded on any markets operated by Hong Kong Exchanges and Clearing Limited or any other stock exchanges. There may not be an active or liquid secondary market.
The above is not an exhaustive list of risk factors. For details, please refer to the offering documents.

Risk Disclosure of Currency-Linked Capital Protected Investment Deposit

Currency-Linked Capital Protected Investment Deposit (“CPI”) is a structured product involving derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in the CPI 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 and you fully understand and are willing to assume the risks associated with it. You should therefore ensure that you read and understand the nature of the CPI and the relevant offering documents of the CPI (including the full text of the risk factors therein) and, where necessary, seek independent professional advice, before making any investment decisions.
CPI is embedded with FX options. Option transactions involve risks, even when buying an option. The option’s value might become worthless if the market moves against your expectation.
You should note that CPI is not a normal time deposit and thus should not be considered as normal time deposit or its alternative. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
You should understand that the Principal of the CPI is protected only when it is held to maturity and you will be relying on the Bank’s (as the issuer) creditworthiness. CPI is not secured by any collateral. If the Bank becomes insolvent or default on its obligations under the CPI, in the worst case scenario, you could suffer a total loss of your investment amount.
CPI is not listed on any stock exchange and is not covered by the Investor Compensation Fund.
Investing in CPI is not the same as buying the Underlying Currency Pair directly.
Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the CPI involving RMB are subject to the currency risk of RMB.
Certain Terms and Conditions (including some of the key dates) of CPI can be adjusted by the Bank. The CPI may be terminated early by the Bank. This might have a negative impact on the product’s Return / Coupon (if any).

Risk Disclosure of MaxiInterest Investment Deposit

"MaxiInterest" Investment Deposit ("MXI") is a structured product involving derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in MXI unless the intermediary who sells it to you has explained to you that MXI is suitable for you having regard to your financial situation, investment experience and investment objectives and you fully understand and are willing to assume the risks associated with it. You should therefore ensure that you read and understand the nature of the MXI and the relevant offering documents of the MXI (including the full text of the risk factors therein), where necessary, seek independent professional advice, before making any investment decisions.
MXI is embedded with FX options. Option transactions involve risks, especially when selling an option. Although the premium received from selling an option is fixed, you may sustain a loss well in excess of such premium amount, and the loss could be substantial.
You should note that MXI is not normal time deposit and thus should not be considered as normal time deposit or its alternative. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
Earnings on MXI are limited to the nominal interest payable and it is only payable upon maturity. As the principal and the earning will be paid in the Deposit Currency or the Linked Currency, whichever has depreciated against the other, investors will have to bear the potential losses due to currency depreciation, which may be substantial. If MXI is withdrawn before maturity, investors will also have to bear the costs involved. Such losses and costs may reduce the earnings and the principal amount of MXI.
You will be relying on the Bank's (as the issuer) creditworthiness. MXI is not secured by any collateral. If the Bank becomes insolvent or default on its obligations under MXI, in the worst case scenario, you could suffer a total loss of your investment amount.
MXI is not listed on any stock exchange and is not covered by the Investor Compensation Fund.
Investing in MXI is not the same as buying the linked currency directly.
Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the MXI involving RMB are subject to the currency risk of RMB.
Certain Terms and Conditions (including some of the key dates) of MXI can be adjusted by the Bank in certain circumstances. The MXI may be terminated early by the Bank. This might have a negative impact on the product's return.

Risk Warning of Bond or Certificate of Deposit Product

Bonds and Certificates of Deposit (CDs) are investment products. The investment decision is yours but you should not invest in a bond/CD unless the intermediary who sells it to you has explained to you that the bond/CD is suitable to you having regard to your financial situation, investment experience and investment objectives. Your intermediary is under a duty to assure that you understand the nature and risks of this product, and that you have sufficient net worth to be able to assume the risks and bear the potential losses of trading in this product.
Bonds are not deposits and should not be treated as substitute for conventional time deposits.
Certificate of Deposit is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
Investors who purchase bonds/CDs are exposed to the credit risk of the issuer and guarantor (if any) of the bonds/CDs. There is no assurance of protection against a default by the issuer/guarantor in respect of the repayment obligations. In the worst case scenario, any failure by the issuer and the guarantor (if any) to perform their respective obligations under the bonds/CDs when due may result in a total loss of all of your investment.
Renminbi (RMB) is not a freely convertible currency. As such, investors trading bonds and/or CDs denominated in RMB are subject to additional risks (such as currency risk).
The above is not an exhaustive list of risk factors. Please refer to the section on "Risk Factors" in the relevant "Bond / Certificate of Deposit Trading Services" Factsheet to understand other risk factors applicable to bonds and CDs.
The information displayed does not constitute nor is it intended to be construed as any professional advice, offer, solicitation or recommendation to deal in Bonds / CDs. Investors should be aware that all investments involve risks (including the possibility of loss of the capital invested). The prices of Bonds and CDs may go up as well as down and past performance is not indicative of future performance. Investors should not only base on this information alone to make investment decisions, and should carefully consider whether an investment is suitable for them in view of their own investment objectives, investment experience, investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should read the relevant product Offering documents and terms and conditions (including the full text of the risk factors therein) in detail before making any investment decisions. Investors should obtain independent professional advice if they have concerns about their investment.
No guarantee, representation, warranty or undertaking, express or implied, is made as to the fairness, accuracy, timeliness, completeness or correctness of any general financial and market information, news services and market analysis, projections and/or opinions ("Market Information") provided above and the basis upon which any such Market Information have been made, and no liability or responsibility is accepted by the Bank in relation to the use of or reliance on any such Market Information whatsoever provided in the webinar.
Investors must make their own assessment of the relevance, accuracy and adequacy of the information provided and make such independent research/investigations as they may consider necessary or appropriate for the purpose of such assessment. The Bank does not make any representation or recommendation or assessment as to whether or not any of the investment(s) mentioned are suitable or applicable to any persons and thus shall not be held responsible in this regard.

Risk Disclosure of FX and Precious Metal Margin Trading Services

The risk of loss in leveraged foreign exchange and precious metal trading can be substantial. You may sustain losses in excess of your initial margin funds. Placing contingent orders, such as “stop-loss” or “stop-limit” orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your Account. You should therefore carefully consider whether FX and precious metal margin trading is suitable for you in light of your own financial position and investment objectives.
Renminbi (RMB) is subject to foreign exchange control by the PRC government. If your Margin Trading Contract involves Offshore Renminbi, you will be subject to foreign control and currency risk of RMB.
Trading on an electronic trading system may differ from trading on other trading systems or platforms. You will be exposed to risks associated with the system including the failure of hardware and software, which could result in your order not being executed according to your instructions or at all.
Investment involves risks. The above risk disclosure cannot disclose all the risks involved. You should read and understand all the relevant documents and risk disclosure (in particular, the Risk Disclosure Statement contained in the relevant application form) before making any investment decision.
If you are uncertain of or do not understand the nature of and the risks involved in leveraged foreign exchange and precious metal trading, you should seek independent professional advice.

Risk Disclosure of FX2 - FX and Precious Metal Trading Services

Foreign exchange and precious metal trading involves a high degree of risk. You may sustain a substantial or even total loss of your initial collateral. Under certain market conditions, you may find it difficult or impossible to liquidate a position of outstanding FX2 Trading Contracts. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily limit your loss at the designated price. In extreme circumstances whereby the market moves significantly against your positions, you may be required to make additional deposits or interest payments within a short period of time to maintain your positions. If you fail to provide the required deposits or interest payments immediately, your positions under all outstanding FX2 Trading Contracts may be closed out without prior notice. You should therefore carefully consider if foreign exchange and precious metal trading is suitable for you in light of your own financial position and investment objectives.
Renminbi (“RMB”) is subject to foreign exchange control by the PRC government. If your FX2 Trading Contract involves offshore RMB, you will be subject to foreign control and currency risks of RMB.
Trading on an electronic trading system may differ from trading on other trading systems or platforms. You will be exposed to risks associated with the system including the failure of hardware and software, which could result in your order not being executed according to your instructions or at all.
Investment involves risks. The above risk disclosure cannot disclose all the risks involved. You should read and understand all the relevant documents and risk disclosure (in particular, the Risk Disclosure Statement contained in the relevant application form) before making any investment decision.
If you are uncertain of or do not understand the nature of and the risks involved in leveraged foreign exchange and precious metal trading, you should seek independent professional advice.

Risk warnings for Structured Notes

Structured notes involve derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in the 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 and you fully understand and are willing to assume the risks associated with it.
Structured notes are considered as a complex product and you should exercise caution in relation to Structured note. The market value of the structured notes may fluctuate and investors may sustain a total loss of their investment. You should therefore ensure that you read and understand the nature of structured notes and the relevant offering documents of the structured notes (including the full text of the risk factors therein) and, where necessary, seek independent professional advice, before making any investment decisions.
Credit risk of the Issuer - structured notes constitute general unsecured and unsubordinated contractual obligations of the Issuer . When you buy structured notes, you will be relying on the creditworthiness of the Issuer and of no other person. You have no rights under the terms and conditions of the structured notes against any issuer of any linked underlying(s). If the Issuer becomes insolvent or default on its obligations under the product, in the worst case scenario, you could lose substantial part or all of the capital invested. The structured notes may be terminated early by the issuer.
Some structured notes are 100% capital protected at maturity provided that it is not otherwise early terminated by the Issuer.
Investing in structured notes are not the same as investing in the linked reference asset(s) directly.
The structured notes are not normal time deposits, and they are not protected by the Deposit Protection Scheme in Hong Kong.
Not covered by the Investor Compensation Fund – structured notes are not traded on any markets operated by Hong Kong Exchanges and Clearing Limited or any other stock exchanges. There may not be an active or liquid secondary market.
The above is not an exhaustive list of risk factors. For details, please refer to the offering documents.

The contents of this promotion page have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to this promotion page.