Citibank understands that our clients want to capture every investment opportunity and maximize returns.
As such, if you successfully transfer in stock or mutual funds with Citibank April 1 to June 30, 2024,, you can enjoy the below promotional offers:
Act Now
Successfully transfer in HK/ US/ SH/ SZ stock or mutual funds of the designated amount* to enjoy the below cash reward:
| Total Stock or Mutual Funds net value Amount (HK$) | Cash reward amount (HK$) |
| $500,000 - <$1,000,000 | $500 |
| $1,000,000 - <$3,000,000 | $1,000 |
| $3,000,000 - <$5,000,000 | $3,000 |
| $5,000,000 or above | $10,000 |
Terms & Conditions:Terms and Conditions:
Terms and Conditions for "Stock or Mutual Funds Transfer-in for up to HK$10,000 Cash Reward" offer:
- The promotion is valid from April 1, 2024 to June 30, 2024, both dates inclusive ("Promotion Period").
- Clients must successfully transfer in HK/ US/ SH/ SZ stock or mutual funds from a third-party financial institution/bank at a branch, or via the “Stock Transfer” function on Citibank Online (only applicable to stock transfer-in), during the Promotion Period, to be eligible for the cash reward.
- Eligible transfer-in mutual funds include mutual funds that:
- are authorized by the Securities and Future Commission (excluding class B funds); and
- are currently available for distribution by the Bank
- The cash reward amount will be determined by the total stock or mutual funds transfer-in value deduct the total stock transfer-out value (“Total Stock or Mutual Funds Net Transfer-in Value”) of a client during the promotion period, according to the table below:
Total Stock or Mutual Funds Net Transfer-in Value (HK$) Cash reward amount (HK$) $500,000 - <$1,000,000 $500 $1,000,000 - <$3,000,000 $1,000 $3,000,000 - <$5,000,000 $3,000 $5,000,000 or above $10,000 - For (”Stock Transfer-in”), the (“Total Stock Net Transfer-in 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.
- For (“Mutual Funds Transfer-in”), if the settlement currency of the fund is in HK Dollar, the “Total Mutual Funds Net Transfer-in Value” will be calculated according to the fund price on the day that was successfully transferred-in to the Bank. If the settlement currency is not in HK Dollar, the Total Mutual Funds Net Transfer-in Value will be calculated into HK Dollar equivalent according to the fund price and exchange rate on the day of that was successfully transferred-in to the Bank (determined by the Bank at its sole discretion).
- The transfer activities in a joint name Wealth Management account will be considered in the Total Stock or Mutual Funds Net Transfer-in Value for the primary account holder.
- Whether a mutual fund transfer-in can be executed successfully will depend on various factors including but not limited to, the consent of the fund house(s), fund manager(s) and/or trustee(s) of the relevant investment fund on such transfer, and/or whether it is subject to any other applicable restriction. Any fees charged by the relevant financial institution(s) in respect of the transfer shall be borne by the clients.
- Mutual fund transfer-in instructions and client’s eligibility to the cash rewards are subject to the final approval of the Bank at its sole and absolute discretion.
- Any mutual fund transferred to the Bank have to be registered and held in the name of the Bank’s nominee.
- Each client can only enjoy the offer once during the promotion period.
- The cash reward will be rebated to clients’ Hong Kong Dollar settlement account on or before September 30, 2024. Clients should maintain a valid Wealth Management account and Hong Kong Dollar settlement account at the time when the rebate is made, otherwise the cash reward shall be forfeited absolutely and shall not be paid to the client through any other means. If the client holds more than one HKD settlement account, the Bank shall have sole discretion to determine which settlement accounts the cash rebate will be credited into.
- The Offer is not applicable to
i. U.S. Persons.
ii. The European Union (EU) and European Economic Area (EEA) residents.
iii. Employees of the Bank or its subsidiaries during the Promotion Period.
iv. Clients who are residents in Singapore.
Terms and Conditions for No Minimum Brokerage Fee Offer:
- No Minimum Brokerage Fee Offer (the "No Minimum Brokerage Fee Offer") is valid until June 30, 2024.
- Clients who conduct HK or US stock transactions via Citibank Online or Citibank Mobile Securities Services will have the minimum brokerage fee (HK stock: HKD/RMB100 per transaction; US Stock: USD30 per transaction) waived. The No Minimum Brokerage Fee Offer is not applicable to transactions conducted via the Dedicated Trading Hotline.
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.
- Online IPO application handling fee waiver is valid until June 30, 2024.
- 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 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.
Disclaimer:
The information contained herein is for reference only and is not intended to constitute investment solicitation or recommendation. You can only subscribe mutual funds with risk rating that match your current risk profile. Investment products contain risk. Investments are not bank deposits and are not obligations of, guaranteed or insured by Citibank (Hong Kong) Limited, Citibank, N.A., organized under the laws of U.S.A. with limited liability, 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. 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. Past performance is not indicative of future performance. Share prices may go down as well as up. The value of your investment may fall and you may get back less than or none of what you initially invested. You should read the product offering document for further details including the risk factors prior to making investment. 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.