Terms and Conditions of the Online New Fund Time Deposit Offer for Selected Customers

  1. The promotion period of this Offer is from , both dates inclusive ("Promotion Period").
  2. This Offer is only applicable to customers who have received the relevant promotion materials from Hang Seng Bank Limited (the "Bank") ("Selected Customers"). Unless otherwise specified, this Offer is not applicable to corporate account customers.
  3. During the Promotion Period, Selected Customers can place a time deposit with designated tenor and designated deposit amount of Eligible New Fund Balance as set out in the table via Online Banking (including Hang Seng Personal e-Banking and Hang Seng Mobile App) and enjoy the respective preferential interest rate below.
    Footnote remark [i] The above interest rates are indicative as of , are for reference only and subject to revision based on the prevailing market conditions. Terms and Conditions apply.
  4. For Hang Seng Personal e-Banking and Hang Seng Mobile App, the transaction time is 8am to 7:55pm, Mondays to Fridays, and 8am to 4:55pm, Saturdays (only applicable to HKD). If the Time Deposit is placed outside the transaction time, or on any Sunday, Hong Kong public holiday, holidays of the country or region where the currency is issued, or non-clearing day due to adverse weather condition such as typhoon signal or rainstorm warning, the customer will not be able to enjoy the Offer. If you would like to enjoy the Offer, please place the related Time Deposit during the transaction time.
  5. "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".
  6. Deposits in different currencies and tenors will have different preferential time deposit interest rates. The relevant interest rates will be subject to the rates quoted by the Bank from time to time.
  7. Each Selected Customer can enjoy this Offer more than once during the Promotion Period.
  8. The Offer is not applicable to the pending or renewal of time deposit and cannot be used in conjunction with other interest rate offer(s) for the same currency.
  9. Interest rates and exchange rates are subject to review according to changes in market conditions from time to time. The Bank reserves the right to change the above interest rate offers at any time. Before conducting the relevant transaction, please check with our branch staff for the prevailing rate.
  10. No person other than the selected 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.
  13. The Bank reserves the right to suspend, vary or terminate this promotion and the offers at any time and to amend these Terms and Conditions from time to time without prior notice.
  14. The decision of the Bank on all matters relating to this promotion and the offers shall be final and binding on all the parties concerned. This promotion and the offers are subject to the Terms and Conditions of the relevant products or services. If there is any inconsistency between the Terms and Conditions of the relevant products or services and these Terms and Conditions, these Terms and Conditions shall prevail.
  15. In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.