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Citi Member-Get-Member Program Refer Your Friends. Earn Your Rewards. Share Now
Citi Member-Get-Member Program Refer Your Friends. Earn Your Rewards. Share Now

Sharing can bring you happiness, along with exciting rewards.
From Jul 1 to Sept 30, 2019, successfully refer your friends and relatives to open
designated accounts or purchase designated insurance or mortgage products to earn fabulous cash rewards.
Share now!

Rewards for Referrer

Rewards for Referrer - Citigold Private Client®: HK$5,000 + HK$200 each; Citigold: HK$1,500 + HK$200 each; Citi Priority: HK$1,000 + HK$200 each

Sharing can bring you happiness, along with exciting rewards.
From Oct 1 to Dec 31, 2018, successfully refer your friends and relatives to open designated accounts and earn fabulous cash rewards.

Rewards for Referrer - Citigold Private Client®: HK$5,000 + HK$200 each; Citigold: HK$1,500 + HK$200 each; Citi Priority: HK$1,000 + HK$200 each

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Remarks

  • 1Terms and Conditions apply. The Promotion Period of Banking Account Client Referral Offer is valid from Jul 1 to Sept 30, 2019, inclusive of both dates. The Promotion Period of Insurance Member-Get-Member Offer is valid from Jul 1 to Sept 30, 2019, inclusive of both dates ("Promotion Period").
  • 2The Member-get-Member (MGM) Program is applicable to any mortgage loan application submitted from Jul 1, 2018 to Dec 31, 2019 (both dates inclusive) and the mortgage loan is successfully drawn down in Citibank. Terms and conditions apply. For details, please refer to the mortgage referral form Terms and Conditions.
  • 3Referrer offer is not applicable to Citibank sales staff.
  • 4The Promotion Period of FX MGM Program is valid from July 1, 2019 to December 31, 2019, both dates inclusive.

Terms and Conditions

General Terms and Conditions for Welcome Offer:

  • 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, 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 Jul 1 to Sept 30, 2019, 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.
  • Cash rebate will be credited to eligible clients’ HKD account only and 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. For details, please refer to www.britishairways.com/executive-club/terms-and-conditions
  • 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
    July 1 to July 31, 2019 On or before January 31, 2020 Within 6 weeks after January 31, 2020
    August 1 to August 31, 2019 On or before February 29, 2020 Within 6 weeks after February 29, 2020
    September 1 to September 30, 2019 On or before March 31, 2020 Within 6 weeks after March 31, 2020
  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$1,500,000 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$500,000. For Citigold or Citi Priority clients to be eligible for the Welcome Offers, the clients must register and login at least once at Citi Mobile® App or Citibank Online within the first 3 calendar months from account opening (including the month of account opening and the 2 months following).
  4. The "Average Daily Combined Balance" is calculated based on the sum of your daily balances of deposit, investment and accumulated paid premium of selected insurance products of all your single name account(s) and joint name account(s), divided by the number of calendar days in the month. Selected insurance products mean insurance policy(ies) with savings element or investment-linked insurance.
  5. New Funds Offer:
    To be entitled to relevant offers, new client is required to join Citigold Private Client / Citigold / Citi Priority during the Promotion Period and fulfill the following requirements:
    • New clients must bring in the required new funds specified below within the first 2 calendar months from account opening (including the month of account opening and the month following):
      Banking Service New funds amount
      (HK$ or equivalent)
      Cash rebate (HK$) or Avios
      Citigold Private Client HK$10,000,000 HK$25,000 300,000
      Citigold Private Client HK$8,000,000 HK$20,000 250,000
      Citigold HK$2,500,000 HK$7,000 120,000
      Citigold HK$1,800,000 HK$5,000 100,000
      Citigold HK$1,500,000 HK$3,500 70,000
      Citi Priority HK$1,000,000 HK$2,500 50,000
      Citi Priority HK$500,000 HK$1,500 20,000
    • 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)
      July 1 to July 31, 2019 December 31, 2019
      August 1 to August 31, 2019 January 31 , 2020
      September 1 to September 30, 2019 February 29, 2020
    • New clients must enroll in the e-Statement Service at the time of account opening.
    • New clients can enjoy HK$500/HK$300 in cash rebate upon successful opening of a Citigold/Citi Priority account through online appointment.
    • New funds exclude transfer of funds within the Bank. Transfer-in Mutual Funds/Bonds/Securities (Hong Kong, US or A shares via Hong Kong Shanghai Connect) will be counted as New Funds. Only Mutual Funds/ Bond offered by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. will be accepted. The transfer-in process may take at least 2 to 3 months.
  6. Payroll Account Offer:
    To be eligible for Payroll Account Offer, new clients must:
    • Successfully open a Citigold Private Client / Citigold / Citi Priority account and a Step-Up Interest Account; and
    • Start depositing monthly salary (payroll) into the Step-Up Interest Account for 12 consecutive months via the autopayroll service or standing instructions within the first 3 calendar months from account opening (including the month of account opening and the 2 months following); and
    • Fulfill the requirements stated in respective banking account’s New Funds Offer and sign the fund maintenance agreement.
    • The Bank reserves the right to reclaim the full cash value of the gift if the consecutive monthly payroll deposit is halted at any time in the first year after account opening.
      Banking Services Monthly Salary
      (HK$ 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 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 Debit Mastercard with Mastercard payment function and make at least one purchase via the Mastercard 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.
  7. 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 Banking Account Client Referral Offer :

  1. The Promotion Period is valid from July 1 to Sept 30 2019, 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 Client Referral Offer is not applicable to Referrers and Referees if the Referee is a resident individual of the European Union, European Economic Area (EEA) or any other jurisdictions where referral activity is restricted. Please consult a bank representative for details.
  4. The referrer must be existing Citigold Private Client / Citigold / Citi Priority client of The Bank while referee(s) (new client) apply for banking account.
  5. 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.
  6. 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
  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 of Citibank Insurance Member-Get-Member Program

  1. The Program is not applicable to U.S. persons.
  2. The Program is not applicable to the Referrer if the Referee is a resident individual of the European Union, European Economic Area (EEA) or any other jurisdictions where referral activity is restricted. Please consult a bank representative for details.
  3. The promotion period of the Program is from July 1 to September 30, 2019 both dates inclusive (“Promotion Period”). The policy must be successfully applied for within the Promotion Period (based on the application date) and issued on or before November 30, 2019.
  4. Unless otherwise specified, Citibank‘s sales staff are not eligible to the Program. Staff to staff referral arrangement will not be considered.
  5. The Referrer should be existing AIA in-force policyholder and such AIA in-force policy was purchased through Citibank. The Referrer should also be holding a valid Citibank banking account during the Promotion Period.
  6. The Referee does not and did not own any AIA in-force life insurance policy purchased through Citibank at the point of insurance application.
  7. To be eligible to the Program, the Referrer shall introduce referee(s) to Citibank. If the referee applies for an AIA life insurance basic plan during the Promotion Period and the following conditions are met, the Referrer will be entitled to reward under the Program as below:
    Rewards to the Referrer under the Program:
    Condition: The Referee successfully applied for an AIA life insurance basic plan through Citibank during the Promotion Period and such policy is issued on or before November 30, 2019, with the following minimum annualized premium* Referral Offer (Cash Rebate)
    US$70,000 / HK$560,000 / RMB 466,667 or above HK$5,000 each
    US$20,000 – US$69,999 / HK$160,000 – US$559,999/ RMB 133,333 – RMB466,666 HK$2,000 each

    *Annualized premium of single pay basic plan is considered to be one-tenth of the single premium of the basic plan.
  8. For avoidance of doubt, under the Program, the Referrer shall only be introducing client(s) to Citibank and shall not in any way holding himself as an agent of Citibank or an insurance intermediary, or holding himself as advising, negotiating, arranging, inviting, inducing, or attempting to invite or induce the Referee to enter into an insurance contract or to make an application for an insurance contract.
  9. The scope of activity contemplated under the program shall only be limited to client introduction and shall not in any way constitute any regulated activities which shall only be carried by a licensed insurance intermediary.
  10. For the Referrer to be eligible to the Program, Referee must submit to Citibank a duly completed and signed Citibank Insurance Member-Get-Member Program Form together with the insurance policy application on or before September 30, 2019.
  11. Referrers cannot refer themselves to become new insurance clients, this restriction also applies to the referral between a company and its shareholder(s)/directors/keyman or vice versa. Referrers and Referees cannot refer each other to become a new insurance client.
  12. The Referrer's entitlement to the Program will subject to Citibank's confirmation on the issuance of the Referee's AIA life insurance policy.
  13. The reward under the Program will be credited to the Referrer's Citibank account on or before January 31, 2020.
  14. The reward under the Program is capped at HK$35,000 per Referrer.
  15. The Referrer will be eligible to the reward provided that the Citibank banking accounts (held by both the Referrer and the Referee) are valid and in good standing during the entire Promotion Period and until January 31, 2020. If the account status changes, Citibank reserves the right not to grant the reward to the Referrer, without prior notice.
  16. Citibank 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, Citibank’s decision will be final.
  17. The English version of these Terms and Conditions shall prevail wherever there is any discrepancy between the English and the Chinese versions.

    1. Citibank (Hong Kong) Limited - Important Notes from the insurance agent

      1. Citibank (Hong Kong) Limited, being registered with the Insurance Agents Registration Board established by the Hong Kong Federation of Insurers, acts as an appointed insurance agent for AIA International Limited (the "Insurance Company").
      2. Citibank (Hong Kong) Limited's role is limited to distributing insurance products of the Insurance Company only and Citibank (Hong Kong) Limited shall not be responsible for any matters in relation to the provision of the products.
      3. Insurance products are products and obligations of the Insurance Company but not of Citibank (Hong Kong) Limited. Insurance products are not bank deposits or obligations of, or guaranteed or insured by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. or any of their affiliates or subsidiaries, or any local governmental agency.
      4. AIA Vitality (the "Programme") is not an insurance product. It is a membership programme and obligation of the Insurance Company and not of Citibank (Hong Kong) Limited. Citibank (Hong Kong) Limited’s role is limited to introducing the Programme only and you should obtain further details about the Programme directly from the Insurance Company. Citibank (Hong Kong) Limited shall not be responsible for any matters in relation to the Programme provided by the Insurance Company.
      5. In respect of any eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between you and Citibank (Hong Kong) Limited out of the selling process of any insurance product conducted by Citibank (Hong Kong) Limited as agent for the Insurance Company or the processing of the related transaction, you may enter into a financial dispute resolution scheme process with Citibank (Hong Kong) Limited in accordance with the applicable rules in Hong Kong. However, any dispute over the contractual terms of insurance products should be resolved directly between you and the Insurance Company.
      6. All insurance applications are subject to Insurance Company's underwriting and acceptance.
      7. The Insurance Company is solely responsible for all approvals, coverage, compensations and account maintenance in connection with its insurance products.
      8. Citibank (Hong Kong) Limited will not render you any legal, accounting or tax advice. You are advised to check with your own professional advisor for advice relevant to your circumstances.
      9. You are reminded to carefully review the relevant product materials provided to you and seek independent advice if necessary.
      10. For any policy service enquiries, please contact the relevant licensed bank staff or the Insurance Company.
      11. In case of any discrepancy between the English and Chinese versions of this document, the English version shall prevail.

      Financial Needs Analysis Offer terms and conditions:

      Each client can only enjoy the Financial Needs Analysis offer once during the promotion period (from July 1 to September 30, 2019). As a Citigold Private Client/Citigold, Citi Priority, Citibanking or Citi Credit Card customer, you will be offered a gold-plated figurine or will be offered cash rebate or credit card spending as shown in the below table after having completed the Financial Need Analysis. Credit card spending is only applicable for the customer who only has Citibank credit card(s). All gifts are available on a first come first served basis while stock lasts. Terms and Conditions applies . Citibank (HK) Ltd is an appointed agent for insurance companies.

      Types of Customers Offers
      Citigold Private Client HK$300 cash rebate
      Citigold customer HK$200 cash rebate
      Citi Priority and Citibanking customer HK$100 cash rebate
      Citi Credit Card customer HK$100 credit card spending

      Mortgage Loan Member-get-Member (MGM) Program:

      • The Member-get-Member Program is applicable to any mortgage loan application submitted from Jan 1, 2019 to Dec 31, 2019 (both dates inclusive) and the mortgage loan is successfully drawn down in Citibank. To be eligible for the Cash Reward, the Referee must fill in a referral form and submit to us at loan application.
      • The Referee’s applied mortgage loan must be HK$2,000,000 or above. Any existing loan top-up or staff loan is not eligible for this program. The applied loan amount is subjected to the decision made by Citibank (Hong Kong) Limited.
      • The referrer will enjoy $2,000 cash rewards for referrals with Referee’s applied loan amount of HK$2,000,000 or above and less than HK$5,000,000. The referrer will enjoy HK$5,000 cash rewards for referrals with Referee’s applied loan amount of HK$5,000,000 or above. The maximum cash rewards for each referrer at each case of successful referral is HK$5,000.
      • If the applicant or referrer has received any cash rebates, the bank has to take into account the cash rebates and the final loan amount may be deducted.
      • The Referrer must be a holder of a Citibank banking account. The referee cannot be the same person as the Referrer. The Referrer must not be a borrower, a mortgagor or a guarantor of the applicable mortgage application.
      • The Cash Reward will be credited to the Citibank banking account held by the Referrer within 3 months of the loan drawdown of the applicable mortgage loan. The Referrer should have a valid Citibank Saving / Checking account at the time when the Cash Reward is credited.
      • This program is not applicable if the Referrer is a U.S. person.
      • The Client Referral Offer is not applicable to Referrers and Referees if the Referee is a resident individual of the European Union, European Economic Area (EEA) or any other jurisdictions where referral activity is restricted. Please consult a bank representative for details.
      • The Cash Reward cannot be used in conjunction with any other mortgage member-get-member program. The Referee is not applicable for this Cash Reward if the mortgage application is referred by other referral program.
      • Self referral is not accepted. Any Citibank staff is eligible for this program but (a) they should not be eligible for any other incentive programs relating to other mortgage referrals, and (b) any sales representatives who may have mortgage incentive shall not be eligible. Staff to staff referral arrangement will not be considered.
      • Citibank reserves the right to vary or cancel this program and/ or amend any of these Terms and Conditions at anytime without prior notice. All matters and disputes will be subject to the final decision of Citibank.
      • The English version of these Terms and Conditions shall prevail wherever there is a discrepancy between the English and the Chinese versions.

      Terms and Conditions of Citi Mobile® App Foreign Exchange (“FX”) Member-get-Member Program (the “FX MGM Program”)

      General Terms and Conditions:

      • Referrer (“Referrer”) means a client who is a client of Citigold Private Client / Citigold / Citi Priority the Citibank (Hong Kong) Limited (The “Bank”); Referee (“Referee”) means a New-to-bank Client who does not hold any banking account with the Bank in the past 12 months.
      • The “FX MGM Program” are not eligible to overseas clients (with an overseas correspondence address) and Citibank sales staff.
      • The “FX MGM Program” are not applicable if the Referrer is a U.S. person.
      • The “FX MGM Program” are not applicable to Referrers and Referees if the Referee is a resident individual of the European Union, European Economic Area (EEA) or any other jurisdictions where referral activity is restricted. Please consult a bank representative for details.
      • Referrers cannot refer themselves to become Referees, including the owner/ shareholder of a company referring his/ her company or vice versa. Referrers and Referees cannot refer each other to become a new client.
      • Only those clients (including Referrer and Referee) whose Citibank banking accounts are valid and in good standing during the entire Promotion Period and at the time of fulfillment of the offers will be eligible for the Clients Referral Offer and Referral Reward. If the account status changes, the Bank reserves the right to terminate the offers to the eligible clients, without prior notice.
      • Unless otherwise specified, the “FX MGM Program” cannot be used in conjunction with other special promotions, discounts or promotional coupons, nor be transferred or exchanged for cash or other offers.
      • The Bank reserves the right to vary or cancel all offers and/ or amend any of these Terms and Conditions at anytime without prior notice. All matters and disputes will be subject to the final decision of the Bank.
      • 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.
      • 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 the “FX MGM Program”:

      • Unless otherwise specified, the Promotion Period is valid from July 1, 2019 to December 31, 2019, both dates inclusive (“Promotion Period”).
      • To be eligible to the FX MGM Program:
        12.1 the Referrer must successfully refer the Referee to be a Citigold Private Client / Citigold / Citi Priority client(s) to the Bank within the Promotion Period; AND
        12.2 the Referee conducts successful Foreign Exchange (“FX”) transactions with the aggregated Sell Currency amount of HKD 200,000 equivalent or above via Citi Mobile® App under the “Currency Exchange / Trading” function executed (the “Eligible Transaction Requirement”) within the first 3 calendar months from the Referee’s account opening (including the month of account opening). If the debit amount (amount of the corresponding Sell Currency) is not denominated in HKD, the amount will be converted at the prevailing exchange rate from the Bank to the HKD equivalent for the Eligible Transaction Requirement calculation.
      • Upon the FX MGM Program requirements stated in Clause 12, the Referrer will be entitled to HKD 500 cash reward(s) (the “Referral Reward”) for each Referee who fulfils the Eligible Transaction Requirement.
      • The Referral Reward will be credited to the Referrer's Citibank account on or before the end of 6th month upon the Referee's account opening month (including the month of account opening).
        Illustration example:
        Date of Referee’s account opening month: Referee conducts Eligible Transaction(s) on or before: Referral Reward will be credited:
        July 2019 September 30, 2019 On or before December 31, 2019
        August 2019 October 31, 2019 On or before January 31, 2020
        September 2019 November 30, 2019 On or before February 29, 2020
        October 2019 December 31, 2019 On or before March 31, 2020
        November 2019 January 31, 2020 On or before April 30, 2020
        December 2019 February 29, 2020 On or before May 31, 2020
      • The Bank reserves the right to (a) request the Referrer to provide verification materials of the contact details of the Referee, and (b) in the absolute opinion of the Bank, refuse granting the Reward to the Referrer should it be discovered by the Bank that the contact details of the Referee are invalid or improperly obtained by the Referrer.

      Citi Mobile® App Foreign Exchange 0% Spread Promotion Offer (“Promotion”)

      Terms and Conditions:

      • Unless otherwise specified, the Promotion Period is valid from July 1, 2019 to December 31, 2019, both dates inclusive (“Promotion Period”).
      • The Promotion is only applicable to clients who do not hold any Citibank (Hong Kong) Limited (the “Bank”) banking account in the past 12 months (the “New-to-bank Clients”).
      • For joint accounts, the Promotion will be applicable to the Primary Account Holder.
      • New-to-bank Clients who open banking account(s) within the Promotion Period are eligible to enjoy 0% Spread for successful Foreign Exchange (“FX”) transactions via Citi Mobile® App under the “Currency Exchange / Trading” function executed (the “Eligible Transaction”) within the first 3 calendar months from account opening (including the month of account opening)(“Eligible Offer Period”). E.g. For a new to Citibank Client who opens an account on July 28, 2019, then July 2019 will be the 1st calendar month. The Client will be eligible to enjoy 0% Spread for the Eligible Transactions until September 30, 2019 (the 3rd calendar month).
      • 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 the Client will be charged the all-inclusive price for the Eligible Transactions. An amount equivalent to the spread for the Eligible Transaction(s) will be rebated to the Client’s debit account (in that corresponding Sell Currency) within 3 months after the Eligible Offer Period (“Rebate”). If there is more than 1 eligible transaction for the debit account, the lump sum amount will be rebated to the corresponding account. For all currencies except Japanese Yen, the Rebate will be rounded off to 2 decimal places; for Japanese Yen, the Rebate will be rounded off to the nearest integer.
        Rebate Examples:
        Any Date of Account Opening Month Enjoy the Offer until Rebate Period
        July 2019 September 30,2019 On or before December 31, 2019
        August 2019 October 31, 2019 On or before January 31, 2020
        September 2019 November 30, 2019 On or before February 29, 2020
        October 2019 December 31, 2019 On or before March 31, 2020
        November 2019 January 31, 2020 On or before April 30, 2020
        December 2019 February 29, 2020 On or before May 31, 2020
      • If the Client is no longer a client of the Bank or the debit account is closed at the time the Rebate is made, the relevant Rebate shall be forfeited absolutely and shall not be paid to the Client through any other means.
      • The spread applicable to any transaction may differ from time to time, transaction to transaction and/or client to client and also depends on the market situation, the size and/or complexity of the transaction, or other commercial factors. Therefore, a standard amount or fixed rate of the spread prior to any transaction may not be ascertainable for the purposes of these Terms and Conditions. If a client wishes to know more about the spread of any Eligible Transaction, please contact our branch staff.
      • The Promotion cannot be used in conjunction with other prevailing FX Promotion Offers and Time Deposit offers involving foreign exchange.
      • The Bank reserves the right to suspend, amend and terminate the Promotion, 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 the 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.

      Important Disclaimer:

      • 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.
      • To borrow or not to borrow? Borrow only if you can repay!