Terms and Conditions of Designated Investment Accounts Activation x Olive Points Offer (the “Offer”):

  1. The promotion period is from 26 April 2024 to 31 December 2024 (the "Promotion Period"), both dates inclusive.
  2. The Offer is applicable to Prestige Private, Prestige Banking, Preferred Banking and Integrated Account personal customers of Hang Seng Bank Limited (the "Bank") who do not hold all 4 of the designated investment accounts below (“Designated Investment Accounts”) as of 25 April 2024 (“Eligible Customers”):
    • Securities Account (Account suffix 085)
    • Investment Funds Account (Account suffix 382)
    • SimplyFund Account (Account suffix 384)
    • Monthly Investment Plan for Stocks Account (Account suffix 385)
  3. Eligible Customers who have successfully activated all 4 Designated Investment Accounts through Hang Seng e-Banking or Hang Seng Mobile App (“Designated Channels”) during the Promotion Period, will be entitled to 3,000 Olive Points (“Reward Points”). The Bank will send a redemption code (the “Olive Redemption Code”) via MMS to such Eligible Customers within 7 days. An Eligible Customer must be an existing or newly registered member of Hang Seng Olive Wellness App (“Hang Seng Olive”) and enter a valid Olive Redemption Code to redeem the Reward Points. Reward Points will then be credited to the Eligible Customer’s Hang Seng Olive account directly.
  4. The mobile number of Eligible Customers at the Bank's record must be under the area code of “+852” in order to enjoy the Offer.
  5. Each Eligible Customer can only redeem a maximum of 3,000 Olive Points during the Promotion Period.
  6. Application time of the Designated Investment Accounts activation through Designated Channels is subject to the Bank's record. In case of any dispute, the Bank’s record shall prevail.
  7. The use of Reward Points is subject to the User Agreement of Hang Seng Olive. For details, please refer to Hang Seng Olive. Eligible Customers must first register as Hang Seng Olive member to enjoy the Offer.
  8. No alteration or cancellation can be made to the Reward Points redemption, and all Reward Points cannot be transferred or converted into cash under any circumstances.
  9. Unless otherwise specified, the Offer is not applicable to Commercial Banking and Private Banking customers of the Bank, and cannot be used in conjunction with other offer(s) of the Bank.
  10. 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.
  11. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  12. These Terms and Conditions are subject to prevailing regulatory requirements (where applicable).
  13. For more details of the Offer, please contact the Bank’s staff. 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.
  14. 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 Investment Funds

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) 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 their own circumstances 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 Disclosure of Securities Investment

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


Risk Disclosure of SimplyFund Account

  • 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) 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 their own circumstances 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.
  • Not all of the investment funds that are distributed by Hang Seng Bank Limited (the “Bank”) are available here. Only specific funds are available for subscription with this account. If you are looking for other investment funds or investment products, please visit our branches or our websites for more information.
  • In respect of the investment funds available for subscription with this account at the moment, they are provided either by the Bank’s wholly owned subsidiary, Hang Seng Investment Management Limited, or by the Bank’s affiliates HSBC Global Asset Management (Hong Kong) Limited.