Terms and conditions:

  1. Funds that deposited via cashier's order/ cheques/ in-house transfers or remittance from other accounts within Bank of China (Hong Kong) (the "Bank"), Nanyang Commercial Bank, Limited and Chiyu Banking Corporation Limited will not be considered as "New Funds". For the definition of "New Funds", please contact our staff. The Bank reserves the right to determine the definition of the term "New Funds" at its discretion.
    • To be eligible for the cash rebate offer, customers must place a 6 or 12-month HKD or USD time deposit with an amount equivalent to HK$100,000 or above ("Eligible Time Deposit") with New Funds via any of our branches during the promotion period.
    • In the calculation of the cash rebate amount, for customer with Eligible Time Deposit in USD, exchange rate of 7.8 will be used to calculate the USD time deposit for the HKD equivalent amount.
    • Cash rebate is calculated by each Eligible Time Deposit. Each Eligible Time Deposit is entitled to a maximum of HK$13,800 or US$1,725 cash rebate.
    • When calculate the cash rebate amount, deposit balance remainder of less than HK$100,000 or equivalent will not be entitled to any cash rebate.
    • Cash rebate will be credited to customers within 3 months upon the month end of the placement of the Eligible Time Deposit according to the following criteria:
      • If the designated settlement account of the Eligible Time Deposit is in HKD, the cash rebate will be credited to that settlement account in HKD; or
      • If the designated settlement account of the Eligible Time Deposit is in USD, the cash rebate will be credited to that settlement account in USD.
    • If the customer terminates the Eligible Time Deposit prior to the granting of cash rebate, no cash rebate will be given. After the cash rebate is credited, the Bank reserves the right to retrieve the cash rebate which is granted and levy chargers for customer who terminates the time deposit before the maturity.
  3. The above preferential interest rates are based on the 12-month HKD and USD time deposit interest rates quoted on 10 June 2010 by the Bank and are for reference only. The actual interest rates will be subject to the rates quoted by the Bank from time to time.
  4. To enjoy the preferential interest rate, customer must subscribe the designated wealth management product (including insurance, investment fund, bond and note) of the Bank during the promotion period, and place an Eligible Time Deposit simultaneously with New Funds. The maximum time deposit amount is the amount that the customer subscribes the designated wealth management product. If customer subscribes the designated wealth management product by installment, the maximum time deposit amount will be the contributed amount of the wealth management product at the time of placing the Eligible Time Deposit.
  5. Customer must present the receipt of CHATS, remittance or cashier's order from other banks to the branch staff for the transaction. The rebate with an upper limit equivalent to HK$200 will then be credited to the designated savings or current account of the customers.

General Term and Condition:
  • Customers can enjoy all the offers listed above during the promotion period. However, these offers cannot be used in conjunction with other privileges that are not stipulated in this promotional material.
  • The interest rate offers stated in this promotional material are for reference only. The actual interest rates will be subject to the rates quoted by the Bank from time to time.
  • For details of the relevant products and services, the promotional offers, the relevant terms and conditions, please contact our staff.
  • The Bank reserves the right to amend and/or withhold the above promotional offers, the terms and conditions of the above promotional offers at its discretion.