"Eligible New Fund Balance" refers to the incremental balance when comparing the latest deposit balance with the balance of the same currency as of 15 calendar days ago, after deduction of the sum of principal amount which has been entitled to new fund offer of Time Deposit within the last 15 calendar days. The balance of all accounts, including Savings Accounts, Current Accounts and Time Deposits of Hong Kong Dollar and foreign currencies (whether accounts in sole name or joint name), will be counted towards the calculation of "Eligible New Fund Balance". The Bank reserves the right of final decision should there be any dispute in the definition of "Eligible New Fund Balance".

Remarks：For activation of foreign currency sub-account of Integrated Account via inward transfer / foreign exchange, it takes one working day to refresh the Eligible New Fund Balance.

Calculation of Eligible New Fund Balance


"Eligible New Fund Balance" of customer = (A) Latest deposit balance of a currency – (B) Deposit balance of the same currency as of 15 calendar days ago – (C) Sum of principal amount which has been entitled to new fund offer of Time Deposit within the last 15 calendar days

Example
Incremental balance
(HKD 140,000)
=(A) Latest deposit balance
(HKD 170,000)
-(B) Deposit balance of the same currency as of 15 calendar days ago
(HKD 30,000)
Eligible New Fund Balance
(HKD 120,000)
=(A-B) Incremental balance
(HKD 140,000)
-(C) Sum of principal amount which has been entitled to new fund offer of Time Deposit within the last 15 calendar days
(HKD 20,000)
The above illustration is taking HKD as example, and the same method is also applicable to other types of currency when calculating "Eligible New Fund Balance".