Terms and Conditions for the “USD New Fund 2-month Time Deposit interest rate of 5.8% p.a.” (this “Offer”)

Offer Eligibility

1. The promotion period of this Offer is from 1 June 2026 to 30 June 2026, both dates inclusive (the “Promotion Period”).
2. This Offer is only applicable to any personal customer who fulfils the following requirements (“Eligible Customer”):
   1. Holds a valid personal integrated account(s) (including Prestige Private, Prestige Banking, Preferred Banking and Integrated Account) with Hang Seng Bank Limited (“Bank”). For joint name accounts, this Promotion is only applicable to the primary account holder; and
   2. Places USD 2-month time deposit(s) successfully with Eligible New Fund Balance within the Promotion Period (“Eligible Time Deposit”, as described in Clause 5); and
   3. Has HKD Savings Deposit Growth (as described in Clause 3) of HKD400,000 or above on both 30 June 2026 and 31 July 2026.
3. “HKD Savings Deposit Growth” means the increment of the period end balance on both 30 June 2026 and 31 July 2026 as compared with the period end balance on 30 April 2026 of Eligible Deposit Account(s).
   1. “Eligible Deposit Account(s)” refers to the HKD Savings Accounts maintained with the Bank in the Eligible Customer’s sole name or in the capacity as the primary account holder in the case of a joint name account. Eligible Deposit Accounts do not include the Current and Time Deposit accounts.
   2. In respect of the “period end balance on 30 April 2026”, if the customer had a negative Eligible Deposit Account balance or did not hold any Eligible Deposit Account on 30 April 2026, it is treated as zero in the HKD Savings Deposit Growth calculation.

Offer Details

4. Subject to these terms and conditions, Eligible Customer, who successfully (i) sets up Eligible Time Deposit(s) on the terms set out in Clause 5 within the Promotion Period; and (ii) fulfils the HKD Savings Deposit Growth requirement set out in Clause 2iii, can enjoy a Total Interest Rate (as described in Clause 7) of 5.8% p.a. on the Eligible Time Deposit(s).
5. “Eligible Time Deposit” means a time deposit on the following terms:

   Deposit Tenor	2-month
   Deposit Currency	USD
   Fund Type	Eligible New Fund Balance (as described in Clause 6)
   Deposit Amount	USD2,000 or above (The total deposit amount applicable to this Offer is capped at USD200,000 in aggregate)
   Time Deposit Placement Channels	Branch, Phone Banking or Online Banking (including Hang Seng Personal e-Banking and Hang Seng Mobile App) within transaction time as described in Clause 9
   Total Interest Rate on time deposit (Applicable to Eligible New Fund Balance)	5.8% p.a.

   Remark: The Total Interest Rate (see Clause 7 below) is quoted with reference to the prevailing USD 2-month time deposit interest rate offered by the Bank on 1 June 2026 and is for reference only. The Total Interest Rate is subject to the Bank’s revision based on the prevailing market conditions.

6. “Eligible New Fund Balance” means the fund representing the incremental balance (if any) when comparing the latest USD Deposit Balance at the time of placing the Eligible Time Deposit with the USD Deposit Balance as of 15 calendar days ago, after deduction of the sum of any USD Deposit Balance which has already enjoyed any new fund offer for time deposit within the last 15 calendar days (including the Time Deposit Placement Date) (See the following example in Clause 6i), provided that the Eligible New Fund Balance is subject to a minimum of USD2,000 for each Eligible Time Deposit and a cap of USD200,000 in aggregate.
   1. Example
      

      Incremental balance (USD 140,000)	= (A) Latest deposit balance   (USD 170,000)	- (B) Deposit balance as of 15 calendar days ago   (USD 30,000)
      Eligible New Fund Balance (USD 120,000)	= (A-B) Incremental balance   (USD 140,000)	- (C) Sum of principal amount which has been entitled to new fund offer of Time Deposit within the last 15 calendar days (including Time Deposit Placement Date)   (USD 20,000)

   2. “USD Deposit Balance” means the aggregate balance in USD of all Savings Accounts, Current Accounts and Time Deposits held by the Eligible Customer (whether in sole name or joint name).
7. “Total Interest Rate” means the sum of “Prevailing Interest Rate” and “Bonus Interest Rate”.
   1. “Prevailing Interest Rate” refers to the Bank’s prevailing USD 2-month time deposit interest rate. For the latest interest rate, please enquire with the Bank’s staff at the time of transaction.
   2. “Bonus Interest Rate” means the additional interest rate over and above the Prevailing Interest Rate which together with the Prevailing Interest Rate amount to the Total Interest Rate applicable to the Eligible New Fund Balance. If the total time deposit amount of all Eligible Time Deposits exceeds USD200,000, the amount in excess is eligible for the Prevailing Interest Rate only. The bonus interest derived from the Bonus Interest Rate is calculated as simple interest on a 360-day basis.
8. Subject to these terms and conditions, the bonus interest will be credited into the USD Savings Account of the Eligible Customer on or before 30 September 2026. At the time the bonus interest is credited, the Eligible Customer must continue to maintain a valid USD Savings Account. Otherwise, the customer is deemed to have forfeited the right to receive the relevant bonus interest. The bonus interest is calculated on a "per-Eligible Customer basis". In case the account is a joint named account, only the primary account holder can enjoy the offer.
9. The time deposit transaction time for Phone Banking and Online Banking are as follows:
   1. For Phone Banking, the transaction time is Monday to Friday from 9am to 7pm and Saturday from 9am to 12:55pm; closed on Sunday and Hong Kong public holidays.
   2. For Online Banking, the transaction time is Monday to Friday from 8am to 7:55pm. If the time deposit is placed outside the transaction time, or on Saturdays, Sunday, Hong Kong public holiday, holiday in the United States, or non-clearing day due to adverse weather condition such as typhoon signal or rainstorm warning, the customer cannot enjoy this Offer.
10. The processing date and time for the time deposit transaction, the amount of Eligible New Fund Balance and deposit balance are subject to the records of the Bank. The Bank reserves the right of final decision should there be any dispute. The Bank reserves the right to amend any calculation method of related amount at its sole and absolute discretion.
11. This Offer is not applicable to the pending or renewal of time deposit and the time deposit uplifted before maturity.
12. Interest rates and exchange rates (if applicable) are subject to review according to changes in market conditions from time to time. The Bank reserves the right to change any interest rate applicable to this Offer at any time. Before making the relevant transaction, please check with our branch staff for the latest rate applicable to the transaction.
13. Unless otherwise specified, the offer mentioned in these terms and conditions cannot be used in conjunction with other promotional offers of the same products and other savings offers of the same currency of the Bank.
14. This Offer is not applicable to Commercial customers and any party who enjoys any special privilege offer of the Bank.
15. No person other than the Eligible Customers and the Bank (which includes its successors and assigns) has 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.
16. These terms and conditions are governed by and construed in accordance with the laws of the Hong Kong Special Administrative Region.
17. These terms and conditions are subject to prevailing regulatory requirements (where applicable).
18. The Bank reserves the right to suspend, amend or terminate this Offer and to amend these terms and conditions at any time and from time to time without prior notice. The decision of the Bank on all matters relating to this Offer is final and binding on all parties concerned.
19. In case of any discrepancy between the English and the Chinese versions of these terms and conditions, the English version prevails.