All-In-One Account

All your day-to-day banking needs are taken care of within one single account.

Note:

1. The type of foreign currencies available are: AUD, CAD, EUR, JPY, NZD, GBP, CNY, CHF, ZAR, THB & USD. The Bank reserves the right to update the available foreign currencies from time to time.

Consolidated Statement

Consolidated Statement gives you an at-a-glance summary of all transactions, overdraft facilities and the total investment portfolio under your Business Integrated Account as well as balances of your other accounts maintained with the Bank.

Customer will automatically receive Consolidated e-Statement for the Principal Account by default once you have registered for Hang Seng Business e-Banking successfully.

To apply for paper statements, please log in Hang Seng Business e-Banking and select “e-Services”> “Maintain e-Statement” in the menu to change your statement settings. e-Statements will be retained in the customer's Business e-Banking profile for 36 months from the issuance date. Details: please visit Hang Seng Business webpage.

FPS QR Mobile Collect

FPS QR Mobile Collect is a mobile app function that simplifies your business payment collections. By presenting an FPS QR Code generated on our Hang Seng Business Mobile App, you can instantly collect money at a physical store or on-the-go, making payment collections fast, convenient and secure. You can apply in our Hang Seng Business e-Banking at a glance.

One Collect

For details, please visit Hang Seng Business webpage

FPS General Service

For details, please visit Hang Seng Business webpage

• Up to 140 basis points exchange rate premium for converting major foreign currencies into Hong Kong Dollars for Integrated Business Solutions customer
• Places FX Order Watch instruction via Hang Seng Business e-Banking and Hang Seng Business Mobile Banking
• It utilizes in depth data analysis and recommend the right payment currency during remittance FX through FX Prompt and locks the real-time foreign exchange rate in e-banking (subject to the cut-off schedule)

Business Finance Services

Flexible lending products are offered to suit different business operation and expansion needs.

• Business Loan (including Instalment Loan and Business Overdraft Facility)
• SME Financing Guarantee Scheme
• Bank Guarantee
• Property Mortgage Loan

*To borrow or not to borrow? Borrow only if you can repay!

Self-Service Cards

To save your time in queuing up at our branch counters, Business Integrated Account offers you with:

Automated Teller Machine (ATM)

• You can use your Hang Seng Cards to withdraw cash, make transfers, enjoy the Bill Payment Service, request statement or cheque book and check account balance

Cheque Deposit Machine (CQM)

Cash Deposit Machine (CDM)

Purchase through Easy Pay System (EPS)

Purchase through UnionPay

Payment By Phone Service (PPS)

Details of using ATMs in Hong Kong and abroad:

Feature	Hong Kong	Worldwide
No. of ATMs	Over 1,000	Over 900,000
Daily transaction limit (per card)	---	---
Cash withdrawal3	HK$80,000	The overseas ATM daily cash withdrawal limit (including cash advance) of all ATM/ credit cards are pre-set to HK$0^
Fund transfers between accounts encoded on the same Card	HK$999,000	HK$999,000
Fund transfers to accounts not encoded on the same Card / third-party accounts (including Hang Seng Bank and HSBC accounts)4	HK$400,000	HK$50,000 (only applicable to fund transfers to other Hang Seng Bank accounts)
Bill Payment Service5	HK$500,000 (including PPS daily limit)	---
EPS service	HK$50,000	---
UnionPay QuickPass Network	Covering around 7 million sales points in Hong Kong and overseas
Language on screen	English / Chinese	Instructions on most screens are in English
ATM symbols	Standard ATM	HSBC ATM Network
Types of currency withdrawn	Hong Kong dollar	Local currency of that country

1. Including your Business Integrated Savings Account, Business Integrated Current Account, plus another Hang Seng Bank Account in the same name.
2. Only cheques deposited before 4:30pm on clearing days are shown in the account instantly.
3. Due to different dispensing limits of ATMs per withdrawal, you may need to perform more than one transaction to obtain the amount of cash you required.
4. The default daily transfer limit is HKD50,000 and could be adjusted to maximum HKD400,000 by application. The daily transfer limit is also shared by e-Banking and Phone banking for transfers to non-registered third-party accounts.
5. The daily bill payment limit is shared by e-Banking, Phone Banking and ATM. From 9 Dec 2018, ATM cardholders without Sports & Leisure bill payment limit can daily transfer HKD50,000 to Betting Account at Jockey Club vending terminals daily. The Sports & Leisure bill payment limit can be adjusted to maximum HKD500,000 by application.

For details of ATMs handling fees and services available, please visit Hang Seng Business webpage

Overseas ATM Cash Withdrawal

^ If you would like to withdraw cash (including cash advance*) at overseas ATM, you must activate the overseas ATM cash withdrawal function in advance by setting the overseas ATM daily cash withdrawal limit and activation period through the following channels:

• ATM of Hang Seng Bank and HSBC in Hong Kong
• Hang Seng Personal and Business e-Banking
• Automated Phone Banking Hotlines
• Activation Steps via ATM
1. Select "Other Services" and then "Maintain Overseas ATM Daily Withdrawal Limit" in ATM main menu.
2. Set the overseas ATM daily cash withdrawal limit (including cash advance*). The overseas ATM daily withdrawal limit will be either 50% or 100% of the daily local ATM withdrawal limit.
3. Input the activation period - up to 1 year.
4. Once the overseas ATM cash withdrawal function is successfully activated, the Bank will immediately send a confirmation SMS to the customer's mobile phone number as recorded with us.

For details, please visit Hang Seng Business webpage

Important Notes

• Customers are required to set the overseas ATM cash withdrawal limit for each individual ATM Card / Credit Card.
• When staying overseas , customers can activate the overseas ATM cash withdrawal function via Hang Seng Personal and Business e-Banking or our Automated Phone Banking Hotline. Please note that the function cannot be activated at overseas ATMs.
• Your ATM Card/Credit Card PIN and Phone Banking PIN will remain unchanged. Never disclose your PINs to anyone, including Hang Seng staff.
• In order to receive the SMS confirmation, before activation, please ensure that your mobile phone number registered with the Bank is valid and up-to-date. The SMS confirmation of successful activation will not be forwarded if you have subscribed to an "SMS Forwarding" service provided by your telecommunications service providers in Hong Kong.
• The new ATM Chip Cards cannot be used on the PLUS / Cirrus ATM network and designated HSBC ATMs). If you would like to access the PLUS / Cirrus ATM network, you may link your Hang Seng savings account to your Hang Seng VISA Card / Mastercard® (if applicable).
• You can set up, amend or cancel the overseas ATM withdrawal limit, with immediate effect, through the activation channels mentioned above.
• For non-personal customers, the Authorised Hang Seng Cardholder must be the Primary User or Secondary User of Hang Seng Business e-Banking or the Authorised Phone Banking User who may operate the relevant account(s) through such channel in order to activate the overseas ATM daily cash withdrawal limit of such account(s) via such channel.

*To borrow or not to borrow? Borrow only if you can repay!

Investment involves risks. Prices of foreign exchange and investment products may go up as well as down and may even become valueless. Investors should read in detail the offering documents and the Risk Disclosure Statement of the relevant investment products before making any investment decision.

• With the RMB Savings Sub-account under the Business Integrated Account, your company can enjoy services including cash deposits and withdrawals, account transfers, remittances / local interbank transfers and two-way RMB exchanges etc.
• Allow funds transfers to self-named or third party accounts (including personal or commercial accounts) without limitation on transaction amount and purposes.
• You can open a separate RMB Current Account¹ to issue cheques to individuals or business partners.
• Other RMB Commercial Banking Services include payroll, investments, loans* and trade services* etc.²

1. The RMB Commercial Banking Services are bound by relevant terms and conditions, in case of any disputes, the Bank reserves the right of final decision. For more details, terms and conditions, please visit Hang Seng Business webpage or call 2198 8000.
2. Customer is required to apply for the above services separately, please contact our staff for details.

Note: All the information set out in this document is provided to the best of the Bank's knowledge and understanding of the relevant laws, rules, regulations, directives and guidelines governing or otherwise applicable to the RMB Savings and / or RMB Current Account, the RMB Savings Sub-account under Business Integrated Account and / or RMB Commercial Banking Services. Please refer to any updates which may be published or issued by the Bank and any latest guidelines issued by the relevant authorities governing the same from time to time. Please visit any branch of the Bank or contact our staff for the most updated information on the above.

Remittance Services

• Your company can initiate your remittance instruction via our extensive branch network or Hang Seng Business e-Banking
• You can real-time track the payment progress via “Payment Tracker” at Hang Send Business e-Banking
• You can enjoy the handling fee waivers for cross border payment to and from Hang Seng Bank (China)

Note:

• Only applicable to the commercial customers of the Bank.
• The Bank reserves the right to change the offer and amend the related terms and conditions from time to time without prior notice.
• In case of disputes, the decision of the Bank shall be final.

Hang Seng UnionPay RMB Diamond Commercial Card and Hang Seng Commercial World Mastercard, using Renminbi and Hong Kong Dollar for settlement respectively, bring you dual currency spending advantages to let you pay business expenses with flexibility, wherever you are. What's more, you can also benefit from better expense management and comprehensive protection as well as superior privileges.

Hang Seng Commercial Cards*

• Individual and consolidated statements for both cardholder(s) & company
• Pre-set credit limit and cash advance service for specific card(s)¹
• 24-hour personal assistant services⁴, helping you with worldwide emergency assistance, restaurant reservation, air-ticket and hotel accommodation, corporate gifts arrangement and translation services, etc.
• A range of fantastic global business privileges for you to enjoy in Hong Kong, the Mainland and abroad. For more details, please visit Hang Seng Business webpage

UnionPay RMB Diamond Commercial Card

• Extensive network in the Mainland & worldwide
• All transactions are settled in Renminbi, getting rid of foreign exchange differences for your Mainland spending. Foreign currency conversion fee is waived for non-Renminbi transactions, keeping down your business travel expenses.
• Earn a CNY1 cash rebate⁵ for every CNY250 retail spending which is directly credited to the credit card. The reward is unlimited.

Hang Seng Commercial World Mastercard

• Free travel insurance of up to USD100,000 coverage^2,3
• Up to 2.8% rebate for online foreign currency transactions
• Earn $1 +FUN Dollars5 for every HK$250 retail spending on your card. For Mainland and overseas spending, you can even receive an up to 0.8% +FUN Dollars reward⁴
• Mastercard SmartData online expense management platform
• Company logo printed on card surface to reflect distinct identity⁵

For details, please refer to the relevant leaflet or visit Hang Seng Business webpage.

1. Cardholders can activate/set overseas ATM cash withdrawal limit of Commercial Card account via ATM, Hang Seng Business e-Banking or Credit Card Customer Service Hotline. If cardholders activate or set up the above limit through Hang Seng Business e-Banking, the cardholder must be the primary user of Hang Seng Business e-Banking or an authorized user of the respective Commercial Card account. For details, please visit Hang Seng Business webpage.
2. Eligible cardholder is required to complete the Travel Insurance Benefit Registration here prior to the commencement of your trip and make entire payment on Common Carrier fares with Hang Seng Commercial World Mastercard. Commencing within 12 months from the registration date, you will receive the free travel insurance from the departure date to the return date as shown on the ticket purchased and subject to a maximum of 180 days. For one-way trip, coverage will be from the departure date up to a maximum of 7 days.
3. Payment of claims will be made in local currency 3. where required by law using the official Foreign Exchange Rates published on the date Claim payment is made. The scope of coverage, exclusions, indemnity limits and compensation are subject to the detailed terms and conditions of the insurance policy provided by Mastercard. Please call AIG Asia Pacific Insurance Pte Ltd customer service hotline +65 6419 1667 for enquiry.
4. For details, terms and conditions, please visit .
5. HK$100 annual administration fee will be charged for each Commercial World Mastercard with company Logo printed thereon.

*To borrow or not to borrow? Borrow only if you can repay!

• With our Autopay services, you can automate your employees' salary payments more efficiently
• Set up your Autopay instructions by completing the application form and providing your payment details via online channels
• Directly credit funds into your payees’ accounts on pre-set dates
• Offer RMB Autopay Services¹ , enabling you to pay salary to your employees in RMB.

1. Customer is required to apply the service separately. Please contact our staff for details.

No-Bounce Cheque / Autopay Protection

• All cheques and autopay transactions of up to HK$10,000 drawn on your Business Integrated Account¹ will be covered, even if you exceed the available line of credit*, or if there are insufficient funds in your account, giving you extra peace of mind

1. Only applicable to customers who maintained an average daily Total Relationship Balance of HK$200,000 over the previous month, subject to other terms and conditions set by the Bank. For details, please refer to “Business Integrated Account Terms and Conditions”.

AutoSweeping Service

• Your cheques / autopay sums are less likely to bounce, helping you to save interest expenses
• If your Hong Kong Dollar Current Account is overdrawn or the line of credit is exceeded¹, we will automatically transfer the required funds from your Hong Kong Dollar Savings Account within the same Business Integrated Account on the following business day²
• The AutoSweeping Service is applicable to a daily total overdraft / excess amount of HK$20,000 or below3
• Apart from overdraft/excess coverage, the AutoSweeping Service will transfer an additional sum of HK$1504 to your Hong Kong Dollar Current Account for paying the unauthorised overdraft service charge and overdraft interest

1. Including overdraft / excess falling within No-Bounce Cheque / Autopay Protection.
2. Only applicable to fund transfers from Hong Kong Dollar Savings Account to Hong Kong Dollar Current Account and subject to available balance of that savings account.
3. If the total overdraft / excess amount of the same day exceeds HK$20,000, even if any one of the cheque / autopay transactions is equal to or below HK$20,000, the AutoSweeping Service will not be activated.
4. If the available balance of the Hong Kong Dollar Savings Account after fund transfer for overdraft / excess is below HK$150, the AutoSweeping amount will be limited to the total overdraft/ excess of the day.
5. An unauthorised overdraft handling fee of HK$120 will be charged per transaction. Interest at Prime Rate plus 8% per annum will be charged on the overdrawn amount. Please refer to the relevant terms and conditions for details.

AutoSweeping Service Illustration

Overdraft Amount	Savings Account Available Balance	AutoSweeping Amount1	Current Account Balance After AutoSweeping2
HK$1,000	HK$3,000	HK$1,150	HK$150
HK$1,000	HK$1,100	HK$1,000	HK$0
HK$1,000	HK$800	HK$0	-HK$1,000
HK$1,000	HK$1,000	HK$1,000	-HK$0
HK$21,001	HK$30,000	HK$0	-HK$21,001

1. The AutoSweeping amount is subject to the available balance of the Hong Kong Dollar Current Account at around 8:00 am on the following business day and that of the Hong Kong Dollar Savings Account upon funds transfer.
2. This balance does not include any unauthorised overdraft charges and overdraft interest.

Remark: If you do not wish to have this service, please visit any branch of the Bank to request cancellation.

*To borrow or not to borrow? Borrow only if you can repay!

Investment involves risks (including the possibility of loss of the capital invested). Prices of investment products may go up as well as down and may even become valueless. Past Performance is not indicative of future performance. Foreign securities carry additional risks not generally associated with securities in the domestic market. The value or income of foreign securities may be more volatile and could be adversely affected by changes in many factors. Investors should not only base on this marketing material alone to make any investment decision, but should read in detail the offering documents and the Risk Disclosure Statement of the relevant investment products. Even if the investment product concerned is a principal protected investment / product, investors may lose the capital protection and may be subject to the risk of capital loss if they dispose of or withdraw from such investment / product prior to maturity. Investing in different Renminbi products involves different risks (including but are not limited to currency risk, exchange rate risk, credit risk of issuer / counterparty, interest rate risk, liquidity risk (where appropriate)).
The investment decision is yours but you should not invest in the a 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.

Diversified Investment Products

Securities Services	Trade Hong Kong stocks, Stock Connect securities and US securities Set various types of orders, including Limit Order, Market Order, Stop Loss Order, All-in-One Order, At-auction Order and At-auction Limit Order during auction trading to suit your investment needs
Investment Fund Services	Distribute several hundreds of investments funds, managed by Hang Seng Investment Management Limited and other asset management houses Online Fund SuperMart provides a full coverage of market commentaries and product information to help you find out and size up market conditions in order to build an asset allocation portfolio which matches your goals
"MaxiInterest" Investment Deposit	Choose from 88 possible different currency combinations to earn potentially higher interest rates than normal time deposits Select from a wide range of deposit periods from one week to three months to match your investment strategies Online platform gives you an instant view of the latest interest rates for different Initial Exchange Rates and deposit tenors.
Capital Protected Investment Deposit	Enjoy 100% principal protection if held to maturity, with an investment tenor as short as 2 months Online investment platform provides potential return calculators and historical trend charts, as well as online easy-to-use search functions are available to help you select and subscribe easily and quickly
Bonds and Certificates of Deposit (CDs)	Gain access to a wide variety of issued bonds and CDs covering various major currencies
Structured Products	Capture opportunities from structured products featuring yield enhancement and capital growth potential
RMB Investments	RMB denominated Funds RMB Bond Trading and RMB Bond IPOs RMB denominated securities trading RMB "Maxilnterest" Investment Deposit RMB Capital Protected Investment Deposit

Risk Warning of Securities Services:

Investors should note that investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.

Investors should note that investing in different Renminbi-denominated securities and products involves different risks (including but are not limited to currency risk, exchange rate risk, credit risk of issuer / counterparty, interest rate risk, liquidity risk (where appropriate)). The key risks of investing in securities via Stock Connect Northbound Trading include:

• Transactions under Stock Connect Northbound Trading will not be covered by the Investor Compensation Fund in Hong Kong.
• Once the respective quota is used up, trading will be affected or will be suspended.
• Stock Connect Northbound Trading will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. Investors should take note of the days the Stock Connect Northbound Trading is open for business and decide according to their own risk tolerance whether or not to take on the risk of price fluctuations in securities during the time when Stock Connect Northbound Trading is not trading.
• When security is recalled from the scope of eligible stocks for trading via Stock Connect Northbound Trading, that security can only be sold but NOT bought.
• Investors will be exposed to currency risk if conversion of the local currency into Renminbi is required.

Foreign securities carry additional risks not generally associated with securities in the domestic market. The value or income (if any) of foreign securities may be more volatile and could be adversely affected by changes in many factors. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.

Investors should note that ETF is different from a typical unit trust and many factors will affect its performance. In general, the market price per ETF unit may be significantly higher or lower than its net asset value per unit due to market demand and supply, liquidity, and scale of trading spread in the secondary market and will fluctuate during the trading day. ETF is different from stocks, investors should read the offering documents of the relevant ETF and understand the features and risks of ETF etc.

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 or vice versa.

Investors should not only base on this material alone to make any investment decision, but should read in detail in the relevant risk disclosure statements.

Risk Warning of Investment Fund Services:

• Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein (in particular those associated with investments in emerging markets for funds investing in emerging markets)) and the Notice to Customers for Fund Investing before making any investment decision.
• Investment funds are investment products and some may involve derivatives. Investors should carefully consider whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.

Risk Warning of RMB denominated Funds:

• With respect to investing in RMB investment funds, non-RMB based investors are exposed to fluctuations in the RMB exchange rate against their base currencies. If investors wish or intend to convert the redemption proceeds (in RMB) into a different currency (for example Hong Kong dollars), they are subject to the relevant foreign exchange risk and may incur substantial capital loss from such conversion. There is no guarantee that RMB will not depreciate.
• Investors should note that funds denominated in RMB involve RMB currency risk. Besides general exchange rate risks, RMB is subject to foreign exchange control by the PRC government. Furthermore, funds with underlying investments which are not denominated in RMB are subject to multiple currency conversion costs involved in making investments and liquidating investments, as well as the RMB exchange rate fluctuations and bid/offer spreads when assets are sold to meet redemption requests and other capital requirements (e.g. settling operation expenses). Apart from the RMB currency risk, investors should also note the other risk disclosures stated in the offering documents of the relevant funds, including but not limited to limited availability of underling investments denominated in RMB, credit risk of counterparties, interest rate risk, liquidity risk, possibility of not receiving RMB upon redemption etc (if applicable). If the funds invest in offshore RMB debt securities, investors should note that the quantity of debt securities issued outside mainland China that are available to the funds is currently limited, which may adversely affect the performance and return of the funds. This type of funds is denominated in RMB, but they are not protected deposit, they are not protected by the Deposit Protection Scheme in Hong Kong.
• An ETF ("Exchange Traded Fund") is different from a typical unit trust as it is listed on The Stock Exchange of Hong Kong Limited, and like other listed stocks, carry similar risks such as liquidity risk and risk of trading suspension. The market price per Unit could be significantly higher or lower than its net asset value per unit due to market demand and supply, liquidity and scale of trading spread in the secondary market and will fluctuate during the trading day.
• Risk Associated with the MRF Arrangement:
  • －
    Quota restrictions: The Mainland-Hong Kong Mutual Recognition of Funds (MRF) scheme is subject to an overall quota restriction. Subscription of units in the Fund may be suspended at any time if such quota is used up.
  • －
    Failure to meet eligibility requirements: If a Recognized Mainland Fund ceases to meet any of the eligibility requirements under the MRF, it may not be allowed to accept new subscriptions. In the worst scenario, the SFC may even withdraw its authorization for the Fund to be publicly offered in Hong Kong for breach of eligibility requirements. There is no assurance that the Fund can satisfy these requirements on a continuous basis.
  • －
    Mainland tax risk: The tax arrangement on Mainland tax relating to investment in a Recognized Mainland Fund is currently unclear. Investors may be subject to uncertainties in the Mainland tax liabilities.
  • －
    Different market practices: Market practices in the Mainland and Hong Kong may be different. In addition, operational arrangements of Recognized Mainland Funds and other public funds offered in Hong Kong may be different in certain ways. For example, a Recognized Mainland Fund may only accept subscriptions or redemption of units on a day when both the Mainland and Hong Kong markets are open, or it may have different cut-off times or dealing day arrangements versus other Hong Kong funds. Investors should ensure that they understand these differences and their implications.
  • －
    Concentration Risk / Mainland Market Risk: The Fund invests primarily in securities related to the Mainland market and may be subject to additional concentration risk. Compared to investment in other markets, investing in the Mainland may give rise to different risks including political, policy, tax, economic, foreign exchange, legal, regulatory and liquidity risks.

Risk Disclosure of Capital Protected Investment Deposit:

• This is a structured product involving derivatives. The investment decision is yours but you should not invest in the Capital Protected Investment Deposit 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. Investor should read the Important Facts Statement of the relevant investment type, the relevant term sheet, Terms and Conditions and risk disclosure statement before making any investment decision.
• Investor should note that this product is not normal time deposit and thus should not be considered as normal time deposit or its alternative..
• This product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
• Investment in this product is subject to the credit risk of the Bank.
• Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the Currency-Linked Capital Protected Investment Deposit involving RMB are subject to the currency risk of RMB.

Risk Disclosure of MaxiInterest Investment Deposit:

• This is a structured product involving derivatives. The investment decision is yours but you should not invest in the MaxiInterest Investment Deposit 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 read the relevant Important Facts Statement, Terms and Conditions and risk disclosure statement before making any investment decision.
• Investors should note that this product is not capital protected and is not a normal time deposit, and thus should not be considered as normal time deposit or its alternative.
• Earnings on this product are limited to the nominal interest payable. 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 the product 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 this product. Investors should seek professional advice where necessary. The relevant Terms and Conditions of this product are available upon request to the staff of the Bank.
• This product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
• Investment in this product is subject to the credit risk of the Bank.
• Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the MaxiInterest Investment Deposit involving RMB are subject to the currency risk of RMB.

Risk Warning of Bonds or third-party issued Certificates of Deposit:

• Bonds / third-party issued Certificates of Deposit ("CDs") are investment products. The investment decision is yours but you should not invest in a bond or CD unless the intermediary who sells it to you has explained to you that the bond/ CD is suitable for 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 or CDs are not deposits and should not be treated as a substitute for conventional time deposits.
• CDs are not a protected deposit and are not protected by the Deposit Protection Scheme in Hong Kong.
• Investors who purchase a bond or CD are exposed to the credit risk of the Issuer and the Guarantor (if any) of the bond or CD. 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 obligations when due may result in the 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 for Structured Products:

• Structured Products involve derivatives. The investment decision is yours but you should not invest in an Structured 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. Structured Product is a Complex Product and you should exercise caution in relation to this product. The market value of the equity linked structured products may fluctuate and investors may sustain a total loss of their investment. Prospective investors should therefore ensure that they understand the nature of the structured products and carefully study the risk factors set out in the offering documents for the structured products and, where necessary, seek independent professional advice, before they decide whether to invest in equity linked structured products. If you purchase the structured products, you are relying upon the creditworthiness of the Issuer of structured products.
• Liquidity risk - Structured Products are designed to be held to its maturity. You may not be able to sell your investment in the Structured Products before maturity. If you try to sell the Structured Products before expiry, the amount you receive may be substantially less than the investment amount you paid for the Structured Products.
• Credit risk of the Structured Products issuer - Structured Products constitute general unsecured and unsubordinated contractual obligations of the issuer. When you buy Structured Products, you will be relying on the creditworthiness of the Structured Products issuer and of no other person. You have no rights under the terms and conditions of Structured Products against any issuer of any linked stock. If the relevant Structured Products issuer becomes insolvent or default on its obligations under the Structured Products, in the worst case scenario, you could lose all of your investment.
• Not the same as investing in linked underlying(s) - Investing in Structured Products is not the same as investing in the linked underlying(s). Changes in the market price or level of any linked underlying(s) may not lead to a corresponding change in the market value of, or your potential gain or loss under, the Structured Products.
• Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in this Product involving RMB are subject to the currency risk of RMB.
• Before making any investment, investors should
  
  • read and fully understand all the offering documents relating to Structured Products and all the risk disclosure statements and risk warnings therein; and
  • make investment decisions in light of your own investment objectives, financial position and particular needs and where necessary consult your own professional advisers before investing.

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.

Employer e-Services

To assist employers in carrying out their MPF obligations, we offer comprehensive e-services for employers to handle their MPF administrative matters easily.

1. e-Enrolment of new employees
2. e-Submission of remittance statement
3. HR software
4. e-Notification
5. Hang Seng Business e-Banking MPF and Payroll Services

e-Appointment Services

The account opening services for employers and self-employed persons are available for Hang Seng MPF e-Appointment. You can meet our MPF Specialists at the designated Hang Seng Bank branches by visiting “Make an e-Appointment” of “MPF Services at Branches” under Hang Seng MPF’s website to make your appointment.

Remark: For details, you can browse the web pages “MPF e-Services Summary” and “Branches for MPF Appointment” of “MPF Services at Branches” under Hang Seng MPF’s website.

We also offer a wide array of leading-edge financial solutions to fulfil your business needs. Your Business Integrated Account Monthly Fee takes into account your total business relationship with the Bank. Act now to consolidate your banking with us!

Type of Service	Solutions that We Offer
Business Finance Services*	Business Loan (including Instalment Loan and Business Overdraft Facility)	SME Financing Guarantee Scheme Bank Guarantee Property Mortgage Loan
Trade Services*(applicable for Integrated Business Solutions Account)	Import Trade Services Documentary Credit (DC) Issuance Back-to-Back DC Issuance Import Collection Bills Shipping Guarantee Trade Loans for Buyers / Hang Seng TradePay Export Trade Services DC Bills Processing DC Advising DC Confirmation DC Transfer Export Collection Bills Trade Loans for Sellers	Receivables Finance Guarantee Bank Guarantee Standby Documentary Credit RMB Trade Services
Insurance Services	Property Insurance, such as Fire Insurance, Burglary Insurance, Business Interruption Insurance, etc Liability Insurance, such as Public Liability, Employees Compensation, etc Marine Cargo / Inland Transit Insurance	Private and Commercial Vehicle Insurance Business Travelsure Protection Plan Office Protection Plan Retail Protection Plan
Human Resources Solutions	Employees' Compensation Key Person Insurance Group Medical Plan	Payroll Service
Cash Management Services	Autopay Bill Payment Network Counter Pay-In Service Remittance / Local Interbank Transfer Faster Payment System (FPS)	Cash and Cheque Collection Bill Payment Collections Cheque Outsourcing Service Dividend Payment

*To borrow or not to borrow? Borrow only if you can repay!