Banking Account Opening - Citibank Hong Kong

Program Terms and Conditions:

Price quoted for all rewards (including gifts and cash coupons) is for reference only.

All gift items are available on first-come-first-served basis while stocks last. All gift items cannot be redeemed for cash.

All offers cannot be used in conjunction with any other promotion offers.

The overleaf banking welcome offers are not applicable for U.S. persons, except deposit interest rate.

In case of dispute, Citibank (Hong Kong) Limited ("the Bank") decision shall be final and conclusive.

The Bank shall not be responsible for any matters relating to the product or services provided. The respective companies are solely responsible for all obligations and liabilities in relation to such product or services.

The Bank reserves the right to amend the below Terms and Conditions from time to time and is entitled at any time without any liability in any manner whatsoever to alter the program without prior notice. Should there be any dispute, the Bank's decision will be final.

The Bank is not a supplier of the gift items and does not accept any responsibility for any ability arising in conjunction with the use of the products or services supplied. The Bank makes no representation or warranty with respect to the responsible for any loss or damage caused to the Client by any defect of the gift or any such service provider's negligence or failure to deliver the goods or services. The Bank will not be responsible for any return or replacement for any product. A return or replacement of any product should be arranged with the supplier only if the product is defective or is damaged during delivery.

Terms and Conditions of the Instant Offer of Citibanking account:

Open Citibanking account and register email address and enroll in banking e-statement simultaneously to get HK$150 Cash coupons ("instant gifts"). Citibank reserves the right to reclaim the full cash value of the instant gift in the event that an account is closed within 3 months after account opening.

Terms and Conditions of the Welcome Offers of Citibanking account:

10.

The promotional period is from January 1 to July 31, 2012, both dates inclusive ("the Promotional Period").

11.

Client must become a Citibanking client and open new accounts as the primary account holder ("Primary Account Holder") in the promotional period. For Joint account, the gift will be rewarded to the Primary Account Holder only. Offer is not applicable to clients who have had a banking relationship with the Bank during the previous 12 months.

12.

To enjoy below welcome offers, each Eligible Primary Account Holder is required to:
a) enroll banking e-statement during account opening; AND
b) successfully log-on to Citibank online banking within one month of account opening; AND
c) bring in New Funds corresponding to relevant tiers described in the table below into the newly opened account within the first month of account opening, AND
d) maintain the New Funds in the account for 3 months ("Eligible Client"), AND
e) sign the hold fund agreement of 3 months or above.

New Funds Amount	Credit Card Spending
HK$200,000 or above (or equivalent)	HK$450 Credit Card Spending
HK$500,000 or above (or equivalent)	HK$600 Credit Card Spending

13.

The welcome gift will be paid to eligible client within 8 weeks from the date on which the welcome gift requirements are fulfilled.

14.

Credit card spending will be paid in terms of Citibank credit card spending to the Citibank Credit Card assigned by client. If clients are not currently a holder of a Citibank Credit Card, they will be required to apply for a Citibank Credit Card and the credit card is subject to approval. The same value of cash rebate will be offered if the client's card is invalid or client's card application is rejected without further notice. Cash rebate will be credited to client's Primary Account.

15.

Only those Eligible Clients whose relevant accounts are valid and in good standing during the entire promotion period will be eligible for the rewards. If the account status has changed, the Bank reserves the right to terminate the Offers to the Eligible Client without prior notice.

16.

New funds exclude transfer of funds within Citibank.

17.

Transfer-in Mutual Fund/ Bonds/ Securities of total new funds will be counted as New Funds. Only Mutual Funds offered by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. will be accepted. The transfer-in process will at least take 2 to 3 months.

18.

Each client is only entitled to one gift during the promotion period.

19.

The Bank reserves the right to reclaim the full cash value of the welcome gift in the event that an account is closed within 3 months of its opening, or should the Average Daily Combined Balance fall below the above requirement within 3 months of the account's opening date.

20.

Citibanking clients who maintain an Average Daily Combined Balance of HK$10,000 or above (or equivalent) for the previous month will enjoy a waiver of HK$100 (or equivalent) monthly service fee (HK$400 or equivalent for International Personal Banking clients). Service charges for certain products apply.

21.

The "Average Daily Combined Balance" is calculated based on the sum of your daily balances of deposit, investment and accumulated paid premium* of selected insurance products of all your single name account(s) and joint name account(s), divided by the number of days in the month. Selected insurance products mean insurance policy(ies) with savings element or investment-linked insurance. If you only hold account(s) in joint names, the "Average Daily Combined Balance" is calculated based on the sum of the balances of all your account(s) held with the same joint names.

22.

If a new client closes all of his/her accounts within 6 months from his/her account opening date, an account closure fee of HK$500 (or equivalent) will be charged.

23.

Citibank International Personal Banking clients can choose alternate offers at equivalent value, please ask our staff for details.

Terms and Conditions of the Citibanking Referral Program:

24.

The promotional period is from February 6, 2012 to July 31, 2012.

25.

Referrer must have an existing Citibank bank account before referral.

26.

Referrer cannot refer himself/herself as a new client.

27.

Referrer's entitlement to the program offer will be subjected to the bank's confirmation on the Referee's fulfillment of the program offer requirements. For each joint account, only one reward will be given to the referrer.

28.

Referee must not have had a banking relationship with Citibank during the previous 12 months.

29.

HK$100 credit card spending will be offered to the Referrer for each Referee who successfully becomes a new Citibanking client during the Promotional Period and fulfills the requirements in clause 11. There are no caps for the number of referral.

30.

Terms & Conditions for Preferential Time Deposit Rate:

31.

New-to-bank Citibanking customers (Customers who do not hold any Citibank banking account in the past 12 months) who set up a HKD 2-month time deposit with a minimum amount of HK$50,000 can enjoy up to 1.4%p.a.. Customers must be a holder of Stock Accounts (HKD & USD).

32.

All above mentioned time deposit offers are not applicable to time deposits set up via online or mobile channel and are subjected to change from time to time without prior notice.

33.

All interest rates are annualized interest rates that are for reference only and are not guaranteed. The actual time deposit interest rate would depend on the terms and conditions of the promotion offers, deposit amount, currency, tenor and interest rate on the value date. All interest rates are subject to change due to market fluctuations without prior notice. The preferential interest rate is subject to quota availability and it will be offered in first-come-first-serve basis.

Terms & Conditions for the“Citi 200 Years” Lucky Draw

34.

The promotion period is from June 11 to July 31, 2012, both dates inclusive ("the Promotion Period").

35.

The Lucky Draw will be conducted in September 2012 and there will be 8 winners in total. Each Lucky Draw Winner (“Winner”) will be entitled to a Lucky Draw Prize of 2,000,000 Citibank Credit Card Reward Points or HK$8,000 Octopus Cash or HK$8,000 Fuel Rebate or HK$8,000 Cash Rebate.

36.

To be eligible for the Lucky Draw, participants must:

(i)	submit the completed Citibank (Hong Kong) Limited (“Citibank”) Express Application Form for a designated Citibank Credit Card and be successfully approved for a Principal Card of the designated Citibank Credit Cards on or before August 15, 2012; or
(ii)	not have a banking relationship with Citibank during the previous 12 months, submit the completed Citibank Banking Account Application Form during the Promotion Period and successfully open a banking account and as the primary account holder on or before August 15, 2012; or
(iii)	submit the completed application form for investment account opening (including Mutual Funds, Stocks, Bond, Equity Linked Investment, Premium Accounts) and successfully open any of the investment accounts as the primary account holder on or before August 15, 2012

(hereinafter referred to as “Eligible Client”).

37.

Designated Citibank Credit Cards include Citibank PremierMiles Card, Citibank Rewards Card, Octopus Citibank Credit Card, Citibank I.T Visa Card and Shell Citibank Platinum Card issued by Citibank.

38.

Each Eligible Client will be entitled to one Lucky Draw entry for each successfully opened credit card, banking account or investment account.

39.

Each Winner can only be entitled to ONE Prize throughout the entire Promotion Period.

40.

Winners of the Lucky Draws will be notified individually on or before September 30, 2012. Winner can choose the account for the Prize to be credited (“Designated Account”).

41.

The Prize will be credited into the respective Winner’s Designated Account on or before October 15, 2012.

42.

The Prize cannot be transferred to another person nor be cancelled, changed, reversed nor exchanged for cash.

43.

Only those Winners whose Designated Account is valid and in good standing on or before the date the Prize is credited will be eligible for the Prize.

44.

Citibank reserves the final decision on the Lucky Draw program mechanics, Prize fulfillment details and other disputes.

45.

Employees and their immediate family members of Citibank, Citibank N.A. and its subsidiaries and employees and their immediate family members of the advertising agency are not eligible for the Lucky Draw.

* For insurance policy(ies) with savings element, accumulated paid premium means total premium paid minus value of outstanding policy loan. For investment-linked insurance policy(ies),accumulated paid premium means total premium paid minus value of fund sold.

Important Disclaimer: You should seek advice from your professional advisors as to your particular tax position, including but not limited to estate duty and withholding tax that might arise from investing in overseas products. This material is for information purpose only and does not constitute any offer or solicitation or advice to buy or sell any security. Investments are not bank deposits and are not obligations of, guaranteed or insured by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. or any of its affiliates or subsidiaries, or by any local government or insurance agency, and involve risks, including the possible loss of the principal amount invested. Share prices may go down as well as up. Investment products are not available for U.S. persons and might only be applicable to limited jurisdiction. Any person considering an investment should seek independent advice on the suitability or otherwise of the particular investment.

In the event of discrepancy between the English and Chinese versions, the English version shall prevail.

© 2012 Citibank Citibank and Arc Design is a registered service mark of Citibank, N.A. or Citigroup Inc. Citibank (Hong Kong) Limited