‘BoC Pay Cross-border Remittance Promotion’ Terms and Conditions:
1. The Promotion runs from 8 Nov to 31 Dec 2023, both dates inclusive (the “Promotion Period”).
2. The Promotion is applicable to BoC Pay mobile app (the "BoC Pay") customers (the “Eligible Customer”) who successfully bind BoC Pay with Smart Account.
3. Eligible customers who perform Cross-border Remittance transactions of HK$7,500 or above during the Promotion Period via BoC Pay, are eligible to receive 100% service fee rebate (the “Rebate”) for the transactions；
4. Eligible customers who have made no Cross-border Remittance transaction via BoC Pay from May 1 to Nov 7 2023(the “New Customer”), are eligible to receive 100% service fee rebate (the “Rebate”) for the first 3 remittances of HK$2,000 or above during the promotion period.
5. Cross-border Remittance transactions shall not exceed the daily transaction limit stipulated by the smart account, and the upper limit is HK$10,000 per eligible customer per day.
6. Once BOCHK has accepted the remittance application, such application cannot be cancelled, changed or withdrawn. Unless such applications are not processable. For the Cross-border Remittance with smart accounts, BOCHK will refund into the customer's smart account (current account or savings account) without separately notification.
7. All charges imposed by the related correspondent banks, intermediary banks, clearing institutions &/or beneficiary bank in processing the remittance, plus extra handling charge of the Bank are borne by payee and deducted from the remittance amount. If the remitter requests payment of relevant fees, BOCHK will directly or indirectly notify the agency of the request. However, whether the remitter can receive the remittance in full is subject to the practice of the relevant agency and is beyond the control of BOCHK. If Correspondent Bank Charges are requested to be borne by remitter, the Bank is entitled to collect the charges in advance. The foreign currency exchange rate the cross-border remittance is provided by UnionPay, BOCHK does not take any legal responsibility.
8. The Rebate will be refund within one month to the Smart Account Balance in the BoC Pay account of the Eligible Customers.
9. Customer whose BoC Pay Account is valid, in good standing, bound with an eligible credit card and/or Smart Account and/or Payment Account, and the Account is valid during the entire Promotion Period and at the time the Cash Rebate is being awarded, will be eligible for the Promotion. In the event of violation of the terms and conditions of “Stored Value Facility Account Service” and/or other related terms and conditions or termination of the Account during the Promotion or at the time the Cash Rebate is being awarded, the Cash Rebate will be cancelled automatically.
10. The Customer must check the transaction record and the Company will not be responsible for notification of the Cash Rebate.
11. BOCHK and/or BOC Credit Card (International) Ltd (the “Card Company”) and/or the Designated Merchants reserve the right to change, suspend or terminate the program and/or the terms and conditions at their sole discretion.
12. Customer is responsible for the data charges of using and/or downloading the BoC Pay imposed by their service providers.
13. Please download BoC Pay from the official app stores or BOCHK official website, and be sure to use “BoC Pay” as the keyword to search. iPhone users may download the BoC Pay via the App Store; Android users may download BoC Pay via Google Play, HUAWEI AppGallery or BOCHK website.
14. By using the BoC Pay, customer agrees to the disclaimer and policy of BOCHK on the BOCHK Mobile Application from time to time. The above products, services and Offers are subject to the respective terms and conditions, please refer to in-store promotional materials or enquire with the Merchant or staff of BOCHK and / or the Card Company for details.
15. Recommended OS version: iOS (14.0 or above) and Android (8.1 or above). iPhone and iOS are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google Play and Android is trademark of Google LLC. Huawei AppGallery is provided by Huawei Services (Hong Kong) Co., Limited.
16. The products, services and offers are subject to the respective terms and conditions, please refer to the relevant promotional materials or enquire with the Designated Merchants or staff or BOCHK and/or the Card Company for details.
17. No person other than the customer and BOCHK and/or the Company and/or UnionPay International will have any rights under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefits of any of the provisions of these terms and conditions.
18. BOCHK and/or the Card Company International are not the providers of the Designated Merchants. Relevant goods, products and services are provided by the Designated Merchants. For any enquires or disputes relating to the Designated Merchants, it should be directed to the Designated Merchants. BOCHK and/or the Card Company and/or UnionPay International accept no liability for the quality of or any other matters relating to the goods, products and services provided by the Designated Merchants. The Designated Merchants are solely responsible for all obligations and liabilities relating to the related goods, products and services.
19. In case of any dispute, the decision of BOCHK and/or the Card Company and/or UnionPay International and/or the Designated Merchants shall be final.
20. Should there be any discrepancy or inconsistency between the English and the Chinese versions of these terms and conditions, the Chinese version shall prevail.
Reminder: To borrow or not to borrow? Borrow only if you can repay!
SVF License No.: SVFB072
