PAYROLL ACCOUNT SERVICES

Open a payroll account to enjoy up to 135,000 miles or HK$8,200 cash rebate*

Payroll services - Open a bank account today.

Open a payroll account by Feb 28, 2018 and you could receive an array of fabulous privileges.

Step-up Interest Interest rate up to 1.0% p.a.Stock Privileges $0 Unlimited HK Stock Buy Fee

Apply online to enjoy an extra offer of
up to HK$500 cash rebate

APPLY NOW

Apply online to enjoy an extra offer of
up to HK$500 cash rebate

APPLY NOW

Apply online to enjoy an extra offer of
up to HK$500 cash rebate

APPLY NOW
Welcome Offers

New users deposit designated new funds and monthly salary to enjoy the below offers:

Payroll Account Offer

Monthly Salary (HK$) Cash Rebate (HK$) / Avios*
≥ $80,000 $1,200 15,000 miles
≥ $50,000 $1,000 13,000 miles
≥ $30,000 $800 10,000 miles

New Funds Offer

  Designated new funds (HKD or equivalent) Cash Rebate (HK$) / Avios*
Citigold® ≥ $4,000,000 $7,000 120,000 miles
≥ $1,500,000 $4,000 80,000 miles
Citi Priority® ≥ $1,000,000 $2,500 50,000 miles
≥ $500,000 $1,500 25,000 miles

Citi Priority payroll clients must bring in new funds of HK$200,000 or above with a monthly salary of HK$50,000 or above to enjoy Payroll Account Offer and a year of monthly service fees waiver.

More fabulous offers:

Product Balance Offer 10

  Product Balance (HK$) Cash Rebate (HK$) / Avios*
Citigold® ≥ $650,000 $4,000 80,000 miles
Citi Priority® ≥ $200,000 $1,500 25,000 miles

Bonus Offer – Maintain fund for 1 year

  Maintaining funds amount(HKD or equivalent) Cash Rebate (HK$)
Citigold® ≥ $4,000,000 $1,300
≥ $1,500,000 $1,000
Citi Priority® ≥ $1,000,000 $800
≥ $500,000 $300

Please register for the Avios reward at www.citibank.com.hk/aviosoffer within the first 2 calendar months from account opening (including the month of account opening and the month following).

Step-up Interest

Step-up interest account features:

Up to 1.0% p.a. interest rate

Basic interest rate up to 120 times the normal savings rate

† As of February 1, 2017, the base interest rate (0.12% p.a.) is 120 times the reference savings rate of Citibank (0.001% p.a.) and is applicable to a maximum account balance of HK$1,000,000 only.

Interest rate increases monthly

  • Interest rate increases monthly as your account balance increases and fulfills the minimum growth amount* for 12 consecutive months (The minimum growth amount for your account balance is HK$8,000).
  • Bonus interest rate grows by 0.08% p.a. per month**. Interest rate can grow from 0.12% p.a. to 1.00% p.a..

* 18 months per cycle.
** The bonus interest rate applies to maximum account balance of HK$1,000,000 only.

  • The interest rate is protected by the "Safety Net" (0.60% p.a.) if your account balance fulfils the minimum growth amount (i.e. HK$8,000) in the 2nd to 7th months.
  • The interest rate maintains at 0.60% p.a. even if the minimum growth amount cannot be fulfilled after the 7th month. However, the interest rate will continue to grow as long as the minimum growth amount is fulfilled again.

Stock Privileges

Fabulous Stock Account Offers

Unlimited HK stock buy fee waiver for payroll account clients

Transfer in HK/US/SH stock to earn up to HK3,000 cash coupon rewards

Transfer in HK stock to further enjoy a 4% p.a. bonus HKD savings rate for 2 months

Stock Account Features

No minimum brokerage and permanent waiver for deposit fee and custodian fee

Permanent waiver for stock transfer-in service fee

Online IPO handling fee waived

  • Member-Get-Member Program
  • Exclusive year-round privileges via Citibank Online and Citi Mobile.

Remarks:Remarks:

  • Only applicable to Citigold Private Clients®, Citigold® services clients, Citi Priority clients and Citibanking® Citi At Work payroll clients who conduct HK securities transactions via Internet or Mobile Securities Service.
  • The "Payroll for continuous stock fee waiver" offer is applicable to HK stock buy transactions only. Starting from the 4th calendar month of securities account opening, clients have to deposit a monthly salary of HK$15,000 or above into a Citibank payroll account named Step-Up Interest Account via the auto payroll service or standing instructions ("Successful Payroll Deposit") to enjoy the offer. If there is no record of Successful Payroll Deposit or if the payroll account is cancelled in any single month from the 4th calendar month onwards, the offer will be terminated in that month and cannot be resumed.
  • To be eligible for a year of monthly service fees wavier, Citi Priority Payroll clients must bring in new funds of HK$200,000 or above with a monthly salary of HK$50,000 or above.
  • The Program is not applicable to clients who are the employee of the Bank or Citibank N.A or its subsidiaries during the Promotion Period and at the time crediting the rewards.

General Terms and Conditions:

  • Clients will still be charged non-brokerage fee items such as, but not limited to, Stamp Duty, Transaction Levy and Trading Fee where applicable.
  • The Bank will credit the refund amount to a client's Hong Kong Dollar settlement account. If only a US Dollar/Renminbi (RMB) settlement account is linked to the securities account, the refund amount will be credited to that account. An exchange rate of USD1 = HKD7.8/RMB1 = HKD1.2 will be used for all calculations.
  • All the above offers cannot be used in conjunction with any other offers.
  • All the above offers / rewards are not applicable to clients who are the employee of the Bank or Citibank N.A or its subsidiaries during the Promotion Period and at the time crediting the rewards.
  • The Bank reserves the right to suspend, amend and terminate the offers and change the Terms and Conditions from time to time without prior notice.
  • The Bank reserves the right of final decision in the event of dispute.

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

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 purposes only and is not intended to 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.

Terms & Conditions:Terms & Conditions:

General Terms & Conditions:

  • All welcome offers are not applicable to U.S. persons, except deposit interest rate.
  • All welcome offers, the continuous HK stock buy fee waiver offer, Stock transfer-in for HK$3,000 cash coupon rewards, Stock transfer-in for 4% p.a. bonus savings rate” offer, No Minimum Brokerage Fee Offer and credit card welcome offer are not applicable to Citibank staff.
  • Unless otherwise specified, all welcome offers are not eligible for overseas clients (with an overseas correspondence address), not applicable to existing banking clients of Citibank (Hong Kong) Limited (“the Bank”) and clients who had a banking relationship with the Bank in the last 12 months.
  • Unless otherwise specified, the Promotion Period is valid from February 1 to February 28, 2018, inclusive of both dates ("Promotion Period").
  • Each client can only enjoy the offer once during the promotion period. For joint accounts, only one offer will be given to the Primary Account Holder.
  • The account status of each client must remain valid and normal at the time when the corresponding offer is rewarded or delivered to the client. Otherwise, the reward will be forfeited absolutely.
  • To be eligible for the British Airways Avios (“Avios”) offer, the client must be a member of British Airways Executive Club and register at designated Citibank webpage (www.citibank.com.hk/aviosoffer) within the first 2 calendar months from account opening (including the month of account opening and the month following). Overdue registrations will not be eligible for the Avios offer. Once successfully registered, no cancellation or change can be made. Client who does not register online will be rewarded with corresponding cash rebate welcome offer.
  • During online registration, the client is required to provide a valid British Airways Executive Club membership number, member's surname as it appears on your British Airways Executive Club account, and the 16-digit Citibank ATM Card number. No Avios will be rewarded in case of any incorrect information provided by clients.
  • The client's registered British Airways Executive Club membership number, member's surname and the eligible quantity Avios to be credited will be submitted to British Airways Executive Club for the purpose of fulfillment. British Airways Executive Club terms and conditions applies for the use of Avios.
  • The Bank reserves the right to claim for the refund of the gift should the new account be closed/downgraded within 6 months from the date of account opening, or the new client's "Average Daily Combined Balance" falls below the minimum balance requirement within 6 months from the date of account opening. The gift value will be debited from the client’s account at the time of account closure or downgrade, or 1 month from the first day the account balance falls below the required level whichever is earlier.
  • If the 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.
  • The Bank reserves the right to amend the above 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.
  • Welcome Offers cannot be used in conjunction with other special promotions, discounts or promotional coupons, nor be transferred or exchanged for cash or other offers.
  • The English version of these Terms and Conditions shall prevail wherever there is a discrepancy between the English and the Chinese versions.

Terms & Conditions of Welcome Offers:

  1. Unless otherwise specified, welcome offers (cash rebate or Avios) will be credited to each eligible client’s banking account or British Airways Executive Club account by the date as specified in the table below.
    Account Opening Date Cash rebate will be credited Avios will be credited
    February 1 to 28, 2018 On or before August 31, 2018 Within 6 weeks after August 31, 2018
  2. Citigold is exclusive for clients who maintain the “Average Daily Combined Balance” of HK$1,500,000 or above, otherwise we reserve the right to convert his/her Citigold account to a Citi Priority or Citibanking account. Should the “Average Daily Combined Balance” fall below HK$1,000,000 for 3 consecutive months, a monthly service fee of HK$300 will be charged. For the fees of individual services, please refer to the latest service fee guide.
  3. The minimum requirement for Citi Priority account opening is HK$500,000. Citi Priority clients need to maintain the “Average Daily Combined Balance” of HK$500,000 or above, and will be eligible for monthly service fee waiver. Should the “Average Daily Combined Balance” fall below the minimum balance requirement for 3 consecutive months, a monthly service fee of HK$120 will be charged. For the fees of individual services, please refer to the latest service fee guide. A year of monthly service fees (12 months from the account opening date) will be waived for Citi Priority payroll clients with new funds of HK$200,000 or above and a salary of HK$50,000 or above. During the service fee waiver period, clients are required to deposit their salary of HK$50,000 or above every month, otherwise the Bank reserves the right to claim for a refund of the monthly service fee.
  4. For Citi Priority clients to be eligible for the Welcome Offers, the clients must register or login at least once at Citi Mobile® App or Citibank Online during the hold fund period of New Fund Offer.
  5. 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$60 (or equivalent) monthly service fee. Service charges for certain products apply.
  6. 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 calendar days in the month. Selected insurance products mean insurance policy(ies) with savings element or investment-linked insurance.
  7. New Funds Offer:

      To be entitled to relevant offers, new client is required to join Citigold Private Client / Citigold / Citi Priority during the Promotion Period and fulfill the following requirements:

      • New clients must bring in the required new funds specified below within the first 2 calendar months from account opening (including the month of account opening and the month following):
        Banking Service New funds amount (HK$ or equivalent) Cash rebate (HK$) or Avios
        Citigold Private Client HK$8,000,000 HK$15,000 250,000
        Citigold HK$4,000,000 HK$7,000 120,000
        Citigold HK$1,500,000 HK$4,000 80,000
        Citi Priority HK$1,000,000 HK$2,500 50,000
        Citi Priority HK$500,000 HK$1,500 25,000
      • Clients are required to maintain the new funds according to the hold fund period specified below and sign the fund maintenance agreement:
        Account Opening Date Hold Fund Period (until)
        February 1 to 28, 2018 July 31, 2018
    • New clients must enroll in the e-Statement Service at the time of account opening.
    • New clients can enjoy HK$500/HK$300 in cash rebate upon successful opening of a Citigold/Citi Priority account through online appointment.
    • New funds exclude transfer of funds within the Bank. Transfer-in Mutual Funds/Bonds/Securities (Hong Kong, US or A shares via Hong Kong Shanghai Connect) will be counted as New Funds. Only Mutual Funds/ Bond offered by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. will be accepted. The transfer-in process may take at least 2 to 3 months.
  8. Payroll Account Offer:

      To be eligible for Payroll Account Offer, new clients must:

    • Successfully open a Citigold Private Client / Citigold / Citi Priority account and a Step-Up Interest Account; and
    • Start depositing monthly salary (payroll) into the Step-Up Interest Account for 12 consecutive months via the autopayroll service or standing instructions within the first 3 calendar months from account opening (including the month of account opening and the 2 months following); and
    • Fulfill the requirements stated in respective banking account’s New Funds Offer and sign the fund maintenance agreement.
    • The Bank reserves the right to reclaim the full cash value of the gift if the consecutive monthly payroll deposit is halted at any time in the first year after account opening.
      Banking Services Monthly Salary (HK$ or equivalent) Cash rebate (HK$) or Avios
      Citigold Private Client /Citigold /Citi Priority HK$80,000 or above HK$1,200 15,000
      HK$50,000 or above HK$1,000 13,000
      HK$30,000 or above HK$800 10,000
    • Below applicable to Citi Priority new clients only:

    • If clients are unable to fulfill the Citi Priority New Funds Offer, they are still able to enjoy the payroll account offer and a year of monthly service fees waiver by fulfilling the following criteria: Bring in new funds of HK$200,000 within the first 2 calendar months from account opening (including the month of account opening and the month following) and maintain a balance of HK$200,000 until at least the 6th month from account opening and start depositing monthly salary (payroll) of HK$50,000 or above into the Step-Up Interest Account for 12 consecutive months via the auto payroll service or standing instructions within the first 3 calendar months from account opening (including the month of account opening and the 2 months following) and sign the fund maintenance agreement.
    • Choose the new Citibank ATM Card with VISA payment function and make at least one purchase via the Visa network within the first 3 months after account opening (including the month of account opening); and
    • Enroll in the e-Statement Service at the time of account opening.
  9. Product Balance Offer:
    • Citigold Private Client / Citigold

    • To be eligible for Product Balance Offer, new client is required to fulfill the following requirements by the first 6 months of account opening and the aggregate amount of Designated Product Balance must be maintained on the last day of the 6th month of account opening :

      • Fulfilled the requirements stated in the New Funds Offer; and
      • Maintained an aggregate amount of Designated Product Balance at the Bank:
        Designated Product Balance to be calculated under the Offer at the last day of the 6th month of account opening
        Mutual Funds - Total amount of Mutual Fund holdings in minus the total amount of Mutual Funds redeemed and transferred out.
        - Mutual Funds must be distributed by the Bank and authorized by the Securities and Futures Commission.
        Bonds - Total amount of Bond holdings in minus the total amount of Bonds redeemed and transferred out.
        - Not applicable to all retail Bond IPOs and Certificates of Deposit.
        Structured Products - Total amount of Structured Products holdings minus the total amount of Structured Products early called/matured/sell back.
        Life Insurance - Aggregate premium paid of AIA life insurance plans and refundable insurance plans (including both basic plans and riders) which are of in-force status.
        - The plans have to be purchased through the Bank.
      • Citi Priority
      • To be eligible for Product Balance Offer, new client is required to fulfill the following requirements by the first 6 months of account opening and the aggregate amount of Designated Product Balance must be maintained on the last day of the 6th month of account opening :

        • Fulfilled the requirements stated in the New Funds Offer; and
        • Completed the online Investment Risk Profiling; and
        • Maintained an aggregate amount of Designated Product Balance at the Bank:
      Designated Product Balance to be calculated under the Offer at the last day of the 6th month of account opening
      Securities - Total stock value as of the closing stock price at the 6th month of account opening which is based on the multiple of the closing stock price on the last trading day at the 6th month of account opening and number of shares.
      - If a stock involves foreign currency, an exchange rate of USD1=HKD7.8/ RMB1=HKD1.2 will be used for its stock value calculation.
      Foreign Currency Deposits - Total deposit holdings (excluding HKD).
      Life Insurance - Aggregate premium paid of AIA life insurance plans and refundable insurance plans (including both basic plans and riders) which are of in-force status.
      - The plans have to be purchased through the Bank.
    • Product Balance Offer details (in the forms of Cash Rebate or Avios) for respective Banking Service & Designated Product Balance Requirement are listed below:
    • Banking Service Designated Product Balance (HK$ or equivalent) Cash Rebate (HK$) or Avios
      Citigold Private Client HK$2,000,000 HK$15,000 250,000
      Citigold HK$650,000 HK$4,000 80,000
      Citi Priority HK$200,000 HK$1,500 25,000
  10. Product Balance Offer will be credited to each eligible client’s account together with the New Funds Offer as follow:

  11. Account Opening Date Designated Product Balance to be calculated on
    February 1 to 28, 2018 July 31, 2018
  12. Unless otherwise specified, the exchange rate of foreign currency will be calculated according to the Bank’s system record.
  13. Only clients with valid accounts and in good standing during the entire promotional period and at the time of fulfillment will be eligible for the reward. If the account status changes, the Bank reserves the right to terminate the offer to the eligible clients, without prior notice.
  14. Bonus Offer:
    To be entitled to relevant offers, new clients must:
    • Successfully joined Citigold Private Client / Citigold / Citi Priority during the Promotion Period
    • Fulfill Citigold Private Client / Citigold / Citi Priority new funds offer requirements
    • Maintain New Funds Offer requirement until the 12th month from account opening date
    • Bonus offer will be credited to client’s banking account on the 13th month from account opening date.

Terms & Conditions of Clients Referral Offer:

  1. The Promotion Period is valid from February 1 to February 28, 2018, inclusive of both dates ("Promotion Period").
  2. Unless otherwise specified, all offers are not eligible for overseas clients (with an overseas correspondence address) and Citibank sales staff.
  3. The referrer must be existing banking client of The Bank while referee(s) (new client) apply for banking account.
  4. The referral offer is not applicable if referee (new client) had any banking relationship within the past 12 months or is an existing client of Citibank banking services.
  5. To be eligible for the referral offer, referrer must successfully refer new client(s) to be a Citigold Private Client / Citigold / Citi Priority client(s) during the Promotion Period, subject to the fulfillment of welcome offers requirements (including New Funds Offer or Payroll Account Offer) :
    Referral Offer (Cash Rebate)
    Citigold Private Client Citigold Citi Priority
    HK$5,000 each HK$1,500 each HK$1,000 each
  6. For referrer and referee to be eligible for the additional HK$200 cash rebate respectively, the referee must submit an online application or call us directly to register and visit a selected Citibank branch in person to complete the account opening process on the appointed date.
  7. Referrers cannot refer themselves to become new clients, including the owner/ shareholder of company refers his/ her company or vice versa. Referrers and referees cannot refer each other to become a new client.
  8. The referrer's entitlement to the referral offer will be subject to the Bank's confirmation on the referee's fulfillment of the welcome offers requirements.
  9. The referral offer will be credited to the referrer's Citibank account on the 7th month upon the referee's account opening after the referee has fulfilled the requirements of the new funds offer.
  10. Only those clients (including referrer and referee) whose relevant accounts are valid and in good standing during the entire promotional and redemption period will be eligible for the rewards. If the account status changes, the Bank reserves the right to terminate the offers to the eligible clients, without prior notice.
  11. The referral offer cannot be used in conjunction with other special promotions, discounts or promotional coupons, nor be transferred or exchanged for cash or other offers.

Terms and Conditions for "Payroll for Continuous Stock Fee Waiver" Program

  • The "Payroll for continuous stock fee waiver" Program (the "Program") is only applicable to holders of a Step-Up Interest Account ("Payroll Clients"). Payroll Clients have to open a new securities account ("New Stock Clients") with Citibank (Hong Kong) Limited (the "Bank") from February 1 to February 28, 2018 (the "Promotion Period") and must not have cancelled or held any sole or joint securities account with the Bank within the past 12 months, in order to enjoy the Program.
  • The Program is applicable to Hong Kong stock buy transactions only. Buy and sell transactions of stock in other markets, stock transfer-in and transfer-out, Initial Public Offering, Stock Regular Savings Plan related transactions are not included. New Stock Clients can enjoy the brokerage fee waiver for the buy trades of Hong Kong stocks (the "Brokerage Fee Waiver") carried out via our Dedicated Trading Hotline, Citibank Online or Citibank Mobile Securities Services (where applicable) from the date of account opening if the below requirements are fulfilled:
    • New Stock Clients can enjoy the Brokerage Fee Waiver within the first 3 calendar months of securities account opening.
    • New Stock Clients have to deposit monthly salary of HK$15,000 or above into the Step-Up Interest Account via the auto payroll service or standing instructions from other banks ("Successful Payroll Deposit") from the 4th calendar month of securities account opening, and continue to have a Successful Payroll Deposit every month thereafter in order to enjoy the Brokerage Fee Waiver. E.g. A New Stock Client who opens a securities account within January 2018 has to have a Successful Payroll Deposit on or before April 30, 2018, and continue to have a Successful Payroll Deposit every month thereafter to enjoy the Brokerage Fee Waiver. From the 4th calendar month onwards, if there is no record of Successful Payroll Deposit or if the payroll account is cancelled in any single month, the "Payroll for continuous stock fee waiver" offer will be terminated in that month and cannot be resumed.
  • New Stock Clients are required to pay the regular brokerage fees at the time of trading. The waived brokerage fee during the waiver period will be refunded to New Stock Clients' settlement account linked to the securities account within 6 months of the corresponding stock transaction month. New Stock Clients should maintain a valid securities account and settlement account at the time when the refund is made.
  • The Program cannot be enjoyed together with "Up to a lifetime fee waiver on stock purchases" Program.
  • The Program is not available to clients who are the employees of the Bank or Citibank N.A. or its subsidiaries during the Promotion Period and at the time crediting the rewards.
  • Illustration: A New Stock Client who opens a securities account on January 22, 2018, hence, January 2018 will be the 1st calendar month.

    Turnover in the month (HK$)
    Month Transaction month Successful Monthly Payroll Deposit* Brokerage Fee Waiver for Buy Trades BUY SELL
    Condition: New Stock Clients must have a Successful Payroll Deposit from the 4th calendar month and continue every month thereafter to enjoy the Brokerage Fee Waiver every month
    1st January 2018 No Yes (New stock clients can enjoy the Brokerage Fee Waiver even if there is no Successful Payroll Deposit yet) - -
    2nd February 2018 No HK stock HK$700,000 Total brokerage fee refund = HK$1,400 HK stock HK$100,000
    3rd March 2018 No - -
    4th April 2018 Yes Yes (As there was the first Successful Payroll Deposit from the 4th calendar month) - -
    5th May 2018 Yes Yes (As there was a Successful Payroll deposit this month) HK stock HK$500,000 Total brokerage fee refund = HK$1,000 HK stock HK$200,000
    6th June 2018 No No (As there was no Successful Payroll deposit this month) HK stock HK$50,000 (No Brokerage Fee Refund) -

Deposit monthly salary of HK$15,000 or above into the Step-Up Interest Account via the auto payroll service or standing instructions.

Remarks:

  • From the 4th calendar month onwards, if there is no record of Successful Payroll Deposit or if the payroll account is cancelled in any single month, the "Payroll for continuous stock fee waiver" offer will be terminated in that month and cannot be resumed.
  • Refund figures are based on an assumed brokerage fee of 0.2% of the trading turnover.

Terms and Conditions for "Up to a lifetime fee waiver on stock purchases" Program:

  • The “Up to a lifetime fee waiver on stock purchases” Program (the “Program”) is only applicable to clients who do not have a Step-up Interest Account (“Non-payroll Clients”) with Citibank (Hong Kong) Limited (the “Bank”). Non-payroll Clients have to open a new securities account (“New Clients”) from February 1 to February 28, 2018 (the “Promotion Period”) and must not have cancelled or held any sole or joint securities account with the Bank within the past 12 months, in order to enjoy the Program.
  • New Clients can enjoy brokerage fee waiver for all buy trades of Hong Kong stocks (the "Brokerage Fee Waiver") carried out via our Dedicated Trading Hotline, Citibank Online or Citibank Mobile Securities Services (where applicable) from the date of account opening if the below requirements are fulfilled:
    • New Clients must have at least one Eligible Transaction* within the first 3 calendar months of securities account opening. E.g. New Client, who opens a securities account within January 2018, is required to conduct at least one buy or sell trade of Hong Kong stocks on or before March 31, 2018, in order to continue enjoying the Brokerage Fee Waiver in April 2018, the 4th calendar month of securities account opening (the "4th month"). Brokerage fee for all buy trades of Hong Kong stocks within the first 3 calendar months of securities account opening will be waived.
    • Starting from the 4th month, the Brokerage Fee Waiver will continue if New Clients perform at least one Eligible Transaction in each calendar month thereafter. If New Clients do not conduct any Eligible Transaction in any month starting from the 4th month, the Brokerage Fee Waiver will be terminated starting from the following month and cannot be resumed.
      * Eligible Transaction refers to Hong Kong stock buy or sell transactions only. Buy and sell transactions of stock in other markets, stock transfer-in and transfer-out, Initial Public Offering, Stock Regular Savings Plan related transactions, are not considered as eligible transactions in the Program.
  • New Clients are required to pay the regular brokerage fees at the time of trading. Each brokerage fee collected for every buy trade completed during the Promotion Period or within the first 3 calendar months of the securities account opening will be refunded to clients’ settlement account linked to the securities account within 6 months from the date of the relevant transaction. New Clients should maintain a valid securities account and settlement account at the time when the refund is made.
  • The Program cannot be enjoyed together with the "Payroll for continuous stock fee waiver" Program.
  • The Program is not eligible to clients who are the employees of the Bank or Citibank N.A. or its subsidiaries during the Promotion Period and at the time crediting the rewards.
  • Illustration: A New Client who opens a securities account on January 22, 2018, hence, January 20 will be the 1st calendar month.

    Turnover in the month (HK$)
    Month Transaction month Brokerage Fee Waiver for Buy Trades BUY SELL Other transactions
    Condition 1: New Clients must have at least 1 Eligible Transactions* within the first 3 calendar months of securities account opening to enjoy the Brokerage Fee Waiver in the 4th month
    1st January 2018 Yes - - Stock transfer-in HK$500,000
    2nd February 2018 HK stock HK$700,000 Total brokerage fee refund = HK$1,400 HK stock HK$100,000 -
    3rd March 2018 - - -
    Condition 2: Starting from the 4th month, New Clients must have at least 1 Eligible Transactions* in each calendar month to continue the Brokerage Fee Waiver in the following month.
    4th April 2018 Yes
    (As there were more than 1 Eligible Transactions made in the first 3 months)
    - HK stock HK$200,000 -
    5th May 2018 Yes
    (As there was 1 Eligible Transaction in the previous month)
    HK stock HK$500,000
    Refund brokerage fee
    = HK$1,000
    HK stock HK$50,000 IPO Application HK$10,000
    6th June 2018 Yes
    (As there were more than 1 Eligible Transactions in the previous month)
    - - -
    7th July 2018 Brokerage Fee Waiver is terminated
    (As there was no Eligible Transaction in the previous month)
    - - -

    ΔAssuming the brokerage fee is 0.2% of the trading turnover; cells highlighted in grey indicate Eligible Transaction in the Program.

*Eligible Transaction refers to Hong Kong or US stock buy or sell transactions only. Buy and sell transactions of stock in other markets, stock transfer-in and transfer-out, Initial Public Offering, Stock Regular Savings Plan related transactions, are not considered as eligible transactions in the Program.

#If there is no Eligible Transaction, as stated above, within the first 3 calendar months of securities account opening, then the "Up to a lifetime fee waiver on stock purchases" program will be terminated in the 4th month and cannot be resumed. And if there is no Eligible Transaction in any month starting from the 4th calendar month, the Program will be terminated and cannot be resumed in the next month.

Terms and Conditions for "Stock Transfer-in for HK$3,000 Cash Coupon Rewards" Offer:

  • The promotion is valid from February 1 to February 28, 2018 ("Promotion Period"), both dates inclusive.
  • Clients must successfully transfer in HK/ US/ SH/ SZ stock from a third-party financial institution/ bank at a branch or via the “Stock Transfer” function on Citibank Online during the Promotion Period, to be eligible for the cash coupon rewards.
  • Cash coupon rewards amount will be determined by the total stock transfer-in value net of the total stock transfer-out value (“Total Stock Net Value”) of a client during the promotion period, according to the table below:
    Total stock net value (HK$) Cash coupon rewards amount (HK$)
    $500,000 - <$1,000,000 $500
    $1,000,000 - <$3,000,000 $1,000
    $3,000,000 or above $3,000
  • The Total Stock Net Value is based on the multiple of the closing stock price* on the last trading day of the corresponding successful transfer-in month and number of shares. If a stock involves foreign currency, an exchange rate of USD1 = HKD7.8/RMB1 = HKD1.2 will be used for its stock value calculation.
  • The stock transfer activities in a joint name stock account will be considered in the Total Stock Net Value calculation for the primary account holder.
  • Each client can only enjoy the offer once during the promotion period.
  • Cash coupons will be sent to eligible clients within 6 months upon the end of the Promotion Period. Clients should maintain a valid and same HK securities account from the time the stock transfer-in is performed to the time the cash coupons are received.
  • The above offer is not available to clients who are the employees of the Bank or Citibank N.A. or its subsidiaries during the Promotion Period and at the time crediting the rewards.
*
Stock previous closing price subject to the Hong Kong Exchange (HKEx) adjustment. For details, please refer to the “Guidelines on Adjustments to the Previous Closing Price of a Security” publish by HKEx.

Terms and Conditions for the "Stock Transfer-in for 4% p.a. Bonus Savings Rate" Offer:

  • The offer is valid from February 1 to February 28, 2018 ("Promotion Period"), both dates inclusive.
  • Only a successful HK stock transfer-in from a third-party financial institution/ bank within the Promotion Period will be eligible for the offer.
  • Clients must successfully transfer in stock at a branch or via the “Stock Transfer” function on Citibank Online during the Promotion Period, to be eligible for receiving a 4% p.a. bonus savings rate (“Bonus Interest”) on the client’s HK dollar settlement account linked to the HK securities account in the next two months upon a successful stock transfer-in. The Bonus Interest will be calculated on the average balance of the respective HK dollar settlement account each month. The average account balance is calculated by dividing the sum of the daily account balance by the number of calendar days of the respective month (“Average Daily Balance”).
  • The Eligible Deposit Amount for the Bonus Interest each month will be capped at the total stock transfer-in value net of the stock transfer-out value ("Eligible Deposit Amount"). The stock value is based on the multiple of the closing stock price* on the last trading day of the corresponding successful transfer-in month and number of shares. The Eligible Deposit Amount for each month will be capped at HK$20,000,000.
  • The total of the Bonus Interest entitled during the Promotion Period will be credited to the respective HK dollar settlement account within 6 months upon the end of the Promotion Period. Clients should maintain a valid and same HK securities account and HK dollar settlement account from the time the stock transfer-in is performed to the time the Bonus Interest is credited. If only a US Dollar/ Renminbi (RMB) settlement account is linked to the securities account, the Bonus Interest will be credited to that account. An exchange rate of USD1 = HKD7.8/RMB1 = HKD1.2 will be used for all calculations.
  • Illustrations:
    (a) A client who carries out stock transfer-in at a branch on January 25, 2018.
    Date Event HK stock a/c balance HKD Settlement a/c balance
    Jan 25, 2018 The Selected Client requests a HK stock transfer-in for 200,000 shares of stock. HK$0 HK$500,000
    Jan 29, 2018 The stock transfer-in is successfully completed. HK$1,000,000 HK$500,000
    Jan 31, 2018 The stock closing price is HK$5 per share, so the Eligible Deposit Amount is HK$1,000,000 for the 4% bonus savings rate in Feb and Mar 2018. HK$1,000,000 HK$500,000
    Feb 1, 2018 The client deposits HK$1,000,000 to his/her HKD settlement a/c. HK$1,000,000 HK$1,500,000
    Mar 29, 2018 The client has maintained an Average Daily Balance of HK$1,500,000 in his/her HKD settlement a/c in Feb and Mar 2018. HK$1,000,000 HK$1,500,000

    The client will receive HK$6,466 (HK$1,000,000 x 4% x 59/365) Bonus Interest within 6 months upon the end of the Promotion Period.
    (b) A client who carries out stock transfer-in via Citibank Online on January 25, 2018.
    Date Event HK stock a/c balance HKD Settlement a/c balance
    Jan 25, 2018 The Selected Client requests a HK stock transfer-in for 200,000 shares of stock. HK$0 HK$500,000
    Feb 5, 2018 The stock transfer-in is successfully completed. HK$1,000,000 HK$500,000
    Feb 22, 2018 The client deposits HK$400,000 to his/her HKD settlement a/c. HK$1,000,000 HK$900,000
    Feb 28, 2018 The stock closing price is HK$5 per share, so the Eligible Deposit Amount is HK$1,000,000 for the 4% bonus savings rate in Mar and Apr 2018. HK$1,000,000 HK$900,000
    Apr 30, 2018 The client has maintained an Average Daily Balance of HK$900,000 in his/her HKD settlement a/c in Mar and Apr 2018. HK$1,000,000 HK$900,000
    The client will receive HK$6,016 (HK$900,000 x 4% x 61/365) Bonus Interest within 6 months upon the end of the Promotion Period.
  • A stock transfer-in instruction may be cancelled and classified as unsuccessful after 10 business days (from the submission date) if Citibank does not receive the transfer-out instruction from the Financial Institutions from which the stock is transferred. An unsuccessful stock transfer-in is not eligible for the Offer.
*
Stock previous closing price subject to the Hong Kong Exchange (HKEx) adjustment. For details, please refer to the “Guidelines on Adjustments to the Previous Closing Price of a Security” publish by HKEx.

Terms and Conditions for No Minimum Brokerage Fee Offer:

  • No Minimum Brokerage Fee Offer (the "No Minimum Brokerage Fee Offer") is valid until March 31, 2018.
  • Citigold Private Clients, Citigold® services clients, Citi Priority® clients and Citibanking Citi At Work payroll clients who conduct HK stock transactions via Citibank Online or Citibank Mobile Securities Services will have the minimum brokerage fee (HKD/RMB100 per transaction) waived. The No Minimum Brokerage Fee Offer is not applicable to transactions conducted via the Dedicated Trading Hotline.

Terms and conditions for "4% p.a. Time Deposit Reward":

  • The promotion period ("Promotion Period") is valid from February 1 to February 28, 2018, both dates inclusive.
  • The Time Deposit Reward (“Reward”) is not applicable to U.S. persons.
  • Clients have to call their Relationship Manager to register in order to enjoy the Reward.
  • Clients can enjoy the Time Deposit Reward by transferring in Mutual Funds worth HK$200,000 or above (or equivalent amount) authorized by the Securities and Futures Commission (excluding class B funds) to the Bank successfully during the Promotion Period. The Mutual Funds for transfer-in must be currently available for distribution by the Bank. Clients must maintain the transferred Mutual Funds units or their equivalent net asset value amount (as of transfer completion date) with the Bank for 12 months or above.
  • Time Deposit Reward refers to a 4% p.a. 1-month time deposit offer in HKD/USD/AUD/NZD/GBP/CAD/RMB, after fulfilling clause no. 4, on or before February 28, 2018.
  • The Time Deposit Reward should not exceed the sum of the “transfer in amount for Mutual Funds” up to a maximum of HK$15,000,000 000 (or its equivalent in foreign currencies). Illustration: Clients who transfer in Mutual Funds can enjoy the Time Deposit Reward with an amount not more than the transfer in amount for Mutual Funds. E.g. Clients can enjoy the 4% p.a. 1-month AUD time deposit offer of HK$500,000 after transferring in Mutual Funds worth HK$500,000.
  • The Time Deposit Reward is not applicable to time deposits set up via online or mobile channels.
  • All interest rates are annualized interest rates that are for reference only and are not guaranteed. The actual time deposit interest rate will 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 Time Deposit Reward is subject to quota availability and will be offered on a first-come-first-serve basis.
  • Once the Time Deposit Reward has been selected and accepted by The Bank, no cancellation or change can be made.
  • All disputes are subject to the final decision of Citibank (Hong Kong) Limited, which reserves the right to amend the terms and conditions without prior notice.

Citi Tax Season Loan Promotion (“Offer”) Terms and Conditions:

  • The promotion period ("Promotion Period") is from February 1 to February 28, 2018, both dates inclusive.
  • The Annualized Percentage Rate ("APR") of 0.99% is only applicable to selected Citigold / Citigold Private Clients / Citi ULTIMA Members and is calculated based on the monthly flat rate 0.080% with loan amount of HK$1,000,000 and repayment tenor of 12 months, inclusive of HK$4,288 interest rebate (APR without interest rebate is 1.78%). APR is calculated based on the guidelines as set out in the Code of Banking Practice and rounded up to the nearest two decimal places. Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ. For definition of Annualized Percentage Rate ("APR"), please refer to clause (7).
  • Customers who successfully drawdown a Citi Tax Season Loan with a designated loan amount and repayment tenor of 12 to 48 months during the Promotion Period (“Eligible Customer”) are eligible to cash coupon reward/ interest rebate (“Rewards”) as specified in the tables of clause (6).
  • Customers who currently hold any Citibank Personal Loan account with Citibank (Hong Kong) Limited ("Citibank") at the time of application are not eligible to the Rewards.
  • The loan amount is up to 12 times of monthly salary or HK$2,000,000, whichever is lower.
  • The examples in the table below are for reference only. APR is rounded up to the nearest two decimal places, subject to a 12-month repayment tenor and a loan amount of HK$1,000,000, HK$500,000, HK$200,000 and HK$100,000. Interest is calculated on the basis of 365 days per year. The actual monthly flat rate and APR may differ and are subject to the actual loan amount and credit assessment result of individual customer. For the definition of Annualized Percentage Rate ("APR"), please refer to clause (7).

    Example for Citigold Private Clients / Citigold Clients / Citi ULTIMA Members
    Loan Amount Monthly Flat Rate APR Monthly Interest Amount (for every HK$100,000 Loan Amount) Rewards
    HK$ 1,000,000 0.080% 0.99% (include interest rebate) HK$80 HK$4,288 interest rebate
    HK$500,000 0.110% 2.46% (exclude cash coupons) HK$110 HK$1,588 in cash coupons*





    N/A
    HK$200,000 0.125% 2.80% (exclude cash coupons) HK$125
    HK$100,000 0.160% 3.60% HK$160
    Example for other customers
    Loan Amount Monthly Flat Rate APR Monthly Interest Amount (for every HK$100,000 Loan Amount) Rewards
    HK$ 1,000,000 0.080% 1.78% (exclude cash coupons) HK$80 HK$888 in cash coupons*








    N/A
    HK$500,000 0.110% 2.46% (exclude cash coupons) HK$110
    HK$200,000 0.125% 2.80% (exclude cash coupons) HK$125
    HK$100,000 0.160% 3.60% HK$160
    * The value of the cash coupons totals HK$900 or HK$1,600 respectively.
  • APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.
  • The full amount of interest rebate (if applicable) will be credited to each Eligible Customer’s Citibank Personal Loan account on or before April 30, 2018 without further notice. The interest rebate can only be used to offset the monthly instalment and is not transferable and cannot be converted to cash or withdrawn from Citibank Personal Loan account.
  • A cash coupon redemption letter (if applicable) will be mailed to the Eligible Customer’s correspondence address according to bank’s record on or before April 30, 2018.
  • Cash coupon reward is subject to availability. Citibank reserves the right to offer an alternative gift or benefit in substitution of the cash coupon reward without prior notice. Cash coupon reward cannot be converted to cash and are not replaceable in the event of any loss or damage. The use of the cash coupon rewards is bounded by the relevant terms and conditions printed therein and Citibank accepts no liability in respect of the quality of the products and services provided by the supplier involved in this promotion. The respective suppliers are responsible for all obligations and liabilities in relation to such products or services.
  • Each Eligible Customer can enjoy the Rewards once during the Promotion Period.
  • Citibank Personal Loan account of Eligible Customers must be valid and in good condition without any late payment or early repayment, otherwise Citibank reserves the right to forfeit the eligibility of an Eligible Customer to participate in this promotion and the Eligible Customer shall immediately repay to Citibank the full amount of Rewards under this promotion.
  • If Eligible Customers have made early settlement of /cancelled Citi Tax Season Loan accounts after the Rewards are awarded, Citibank reserves the right to charge:
    • the full amount of the interest rebate (if applicable); AND
    • the full amount equivalent to the cash coupon rewards (if applicable); AND
    • the early repayment fee for the Citi Tax Season Loan (which is based on a rate on the entire principal amount as set out in the Drawdown Letter)
  • The Offer cannot be used in conjunction with any other promotional offers.
  • Citi Tax Season Loan is the product of Citibank Personal Loan and is subject to the "Terms and Conditions for Citibank Personal Loan".
  • Citibank reserves the right to amend these terms and conditions at any time without prior notice.
  • In case of dispute, the decision of Citibank shall be final and conclusive.
  • In the event of discrepancy or inconsistency between this English version of the terms and conditions and the Chinese version, the English version shall prevail.

Terms & Conditions for US Stock 3-month Buy Fee Waiver:

  • Clients have to open a new securities account ("New Stock Clients") with Citibank (Hong Kong) Limited (the "Bank") from October 2, 2017 to February 28, 2018, (the "Promotion Period") and must not have cancelled or held any sole or joint securities account with the Bank within the past 12 months, in order to enjoy the Program.
  • The Program is applicable to US stock buy transactions only. Buy and sell transactions of stock in other markets, stock transfer-in and transfer-out, Initial Public Offering, Stock Regular Savings Plan related transactions are not included. New Stock Clients can enjoy the brokerage fee waiver for the buy trades of US stocks (the "Brokerage Fee Waiver") carried out via our Dedicated Trading Hotline, Citibank Online or Citibank Mobile Securities Services (where applicable) from the date of account opening if:
    -New Stock Clients can enjoy the Brokerage Fee Waiver within the first 3 calendar months of securities account opening.
  • New Stock Clients are required to pay the regular brokerage fees at the time of trading. The waived brokerage fee during the waiver period will be refunded to New Stock Clients' settlement account linked to the securities account within 6 months of the corresponding stock transaction month. New Stock Clients should maintain a valid securities account and settlement account at the time when the refund is made.
  • The Program is not available to clients who are the employees of the Bank or Citibank N.A. or its subsidiaries during the Promotion Period.

Terms and Conditions for Insurance Financial Needs Analysis:

  • Each client can only enjoy the Financial Need Analysis offer once during the promotion period. For Citigold Private client/Citigold /Citi Priority and Citibanking, customers will be offered a Gold-plated figurine or will be offered up to HK$300/$200/$100 cash coupon respectively after completed the Financial Need Analysis. All gifts are available on a first come first served basis while stock lasts. Terms and Conditions applies and client can refer to the Terms and Conditions printed on the gift. Citibank (HK) Ltd is an appointed agent for insurance companies.

Citi Mobile® App Unlimited HK Stock Buy Trade $0 Commission & Unlimited Foreign Currency 0% Buy Spread Promotion Campaign


General Terms and Conditions :

  • Unless otherwise specified, the Promotion Period is valid from January 24 to March 31, 2018, inclusive of both dates (“Promotion Period”).
  • Citibank (Hong Kong) Limited (the “Bank”) reserves the right to suspend, amend and terminate the offers, and change these Terms and Conditions from time to time without prior notice.
  • In the event of disputes or any matters in connection with the promotion, the decision of the Bank shall be final and binding.
  • If there is any inconsistency or conflict between English and Chinese versions of these Terms and Conditions, the English version shall prevail.
  • These terms and conditions shall be governed in accordance with the laws of the Hong Kong SAR and the customers irrevocably submit to the non-exclusive jurisdiction of the competent court of the Hong Kong SAR.

Terms and Conditions for “Citi Mobile® App Unlimited HK Stock Buy Trade $0 Commission Offer” :

  • The “Citi Mobile® App Unlimited HK Stock Buy Trade $0 Commission” Offer (the “$0 HK Stock Buy Commission Offer”) is applicable to all customers who hold securities account with the Bank.
  • $0 HK Stock Buy Commission Offer is only applicable to successful HK stock buy transactions carried out via our Citi Mobile® Securities Services. Hong Kong stock buy transactions which perform by Citibank Online Securities Services or Dedicated Trading Hotline are not entitled to the offer. Hong Kong stock sell transactions, Shanghai-Hong Kong Stock Connect / Shenzhen-Hong Kong Stock Connect A-shares buy and sell transactions, U.S. stock buy and sell transactions, stock transfer-in and transfer-out, Initial Public Offering (“IPO”), Stock Regular Savings Plan (“RSP”) related transactions are not included.
  • The HK Stock Buy Commissions via Citi Mobile® Securities Services are waived at the time of trading.
  • $0 HK Stock Buy Commission Offer cannot be enjoyed together with “Up to a lifetime fee waiver on stock purchases” Program or “Payroll for continuous stock fee waiver” Program or “HK stock buy fee waiver for first 3 months”.
  • Customers will still be charged non-brokerage fee items such as, but not limited to, Stamp Duty, Transaction Levy and Trading Fee where applicable.

Terms and Conditions for “Citi Mobile® App Unlimited Foreign Currency 0% Buy Spread Offer” :

  • The “Citi Mobile® App Unlimited Foreign Currency 0% Buy Spread Offer” (the “FX 0% Spread Offer”) is only applicable to all successful Foreign Exchange (“FX”) spot transactions using Hong Kong Dollar to buy foreign currencies (other than Hong Kong Dollar) via Citi Mobile® App under “Currency Exchange / Trading” function executed during the Promotion Period (the “Eligible Transaction”).
  • The exchange rate/pricing indicated in the Citi Mobile® App for any particular currency pair generally includes any profit margin/spread of the Bank and customer will be charged the all-inclusive price for the Eligible Transactions. An amount equivalent to the buy spread (in HKD equivalent) for the Eligible Transaction(s) will be rebated to the customer’s debit account by phases on or before June 30, 2018. The Bank may at its sole discretion determine the exchange rate for converting the rebate amount to HKD whenever applicable. If the customer is no longer a customer of the Bank or the debit account is closed at the time of refund is made, the relevant rebate shall be forfeited absolutely and shall not be paid to the customer through any other means.
    Phase Transaction Period Rebate Period
    Phase I On or before Feb 28, 2018 On or before May 31, 2018
    Phase II On or before Mar 31, 2018 On or before June 30, 2018
  • The buy spread applicable to any transaction may differ from time to time, transaction to transaction and/or customer to customer and also depending on market situation, the size and/or complexity of the transaction, or other commercial factors. Therefore, a standard amount or fixed rate of the buy spread prior to any transaction may not be ascertainable for the purposes of these Terms and Conditions. If customers wish to know more about the buy spread of any Eligible Transaction, please contact our branch staffs.
  • FX 0% Spread Offer is not applicable to US persons.
  • FX 0% Spread Offer cannot be used in conjunction with other prevailing FX Promotion Offers and Time Deposit offers involving foreign exchange.

Important Disclaimer for Foreign Currency Exchange / Trading :

This material is for information only and does not constitute any offer or solicitation to buy or sell. The risk of loss in foreign exchange trading can be substantial. Foreign currency trading is subject to rate fluctuations which may provide both opportunities and risks. Foreign exchange trading involves risk, including the possible loss of the principal amount invested. RMB exchange, like any other currency, is subject to exchange rate fluctuations. The exchange rate of RMB can go up and down. The applicable rate of RMB exchange is the offshore ("CNH") rates. Placing contingent orders, such as "stop loss" or "stop limit" orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. Investors may experience a loss when they convert foreign currency back to their home currency. Foreign currency trading involves risk, including the possible loss of the principal amount invested. Investors should therefore carefully consider whether such trading is suitable in the light of their own financial position, investment objectives and risk profile. Exchange Controls imposed by the relevant authorities may also adversely affect the applicable exchange rate.

Citibank (Hong Kong) Limited endeavors to ensure the accuracy and reliability of any data and information they provide but do not guarantee the accuracy or reliability of such data and information and accepts no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omission. The use of such data and information is at the user's sole risk. Such data and information of this web page are provided for personal use only and shall not be furnished to any other person or entity for any reason. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within the Citibank Online and/or provided through the services without the express consent from Citibank (Hong Kong) Limited is strictly prohibited.

The above illustrative example is hypothetical provided for illustrative purpose only. The scenarios are not based on the past performance of foreign currency. The Bank is not making any prediction of future movements in foreign currency by virtue of providing the illustrative example. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Foreign Exchange Order Watching.


Important Disclaimer for Stock Trading :

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 purposes only and is not intended to 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.