STOCK TRANSFER-IN OFFER

Stock Transfer-in Offer

Stock Transfer-in Offer

Citibank understands that our clients want to capture every investment opportunity and maximize returns.
As such, if you successfully transfer in stock with Citibank during October 2 to October 31, 2017, you can enjoy the below promotional offers:

Act Now

Investment Service Enquiries hotline at (852) 2860 0183(852) 2860 0183

Application hotline at (852) 2860 0262(852) 2860 0262

Investment Service Enquiries hotline at (852) 2860 0183(852) 2860 0183

Application hotline at (852) 2860 0262(852) 2860 0262



Investment Service Enquiries hotline
at (852) 2860 0183(852) 2860 0183





Application hotline at (852) 2860 0262(852) 2860 0262

stock transfer - cash rewards

Up to HK$3,000 cash coupon rewards

stock transfer - cash rewards

Up to HK$3,000 cash coupon rewards

stock transfer - cash rewards Up to HK$3,000 cash coupon rewards

Successfully transfer in HK/US/SH/SZ stock of the designated amount* to enjoy the below cash coupon rewards:

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
*
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") during the promotion period. 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.

stock transfer - savings rate offer

Bonus 4% p.a. savings rate

stock transfer - cash rewards Bonus 4% p.a. savings rate
stock transfer - cash rewards Bonus 4% p.a. savings rate

You can enjoy a bonus 4% p.a. savings rate# on your HKD settlement account for the next 2 consecutive months upon a successful Hong Kong stock transfer-in.

Hong Kong (HK) stock - transfer

Step 1

Submit transfer-out request to the financial institution that you want to transfer out stock.

Step 2

Submit transfer-in request via Citibank® Online or at a Citibank branch.

savings rate rewards

Step 3

Deposit money to your linked HKD settlement account to capture the 4% p.a. bonus savings rate in the next 2 consecutive months upon a successful stock transfer-in.

(The maximum eligible balance for the bonus interest each month is determined by your total stock transfer-in value net of the stock transfer-out value.)

1st month Successful HK$1,000,000 stock transfer-in
2nd & 3rd month Maximum HK$1,000,000 balance in your linked HKD settlement account will be entitled to a 4% p.a. bonus savings rate each month.
Reap benefits Earn up to HK$6,684 bonus interest
(HK$1,000,000 x 4% x 61/365)
#
The 4% p.a. bonus savings rate will be applied to the average balance of the client's linked HKD settlement account in the next two months upon a successful stock transfer-in. The eligible deposit balance for the bonus interest each month will be capped at the total stock transfer-in value net of the stock transfer-out value. 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.

You can enjoy a bonus 4% p.a. savings rate# on your HKD settlement account for the next 2 consecutive months upon a successful Hong Kong stock transfer-in.

Step 1

Submit transfer-out request to the financial institution that you want to transfer out stock.

Step 2

Submit transfer-in request via Citibank® Online or at a Citibank branch.

Step 3

Deposit money to your linked HKD settlement account to capture the 4% p.a. bonus savings rate in the next 2 consecutive months upon a successful stock transfer-in.

(The maximum eligible balance for the bonus interest each month is determined by your total stock transfer-in value net of the stock transfer-out value.)

1st month Successful HK$1,000,000 stock transfer-in
2nd & 3rd month Maximum HK$1,000,000 balance in your linked HKD settlement account will be entitled to a 4% p.a. bonus savings rate each month.
Reap benefits Earn up to HK$6,684 bonus interest
(HK$1,000,000 x 4% x 61/365)
#
The 4% p.a. bonus savings rate will be applied to the average balance of the client's linked HKD settlement account in the next two months upon a successful stock transfer-in. The eligible deposit balance for the bonus interest each month will be capped at the total stock transfer-in value net of the stock transfer-out value. 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.

Terms & Conditions:Terms and Conditions:

Terms and Conditions for offer 1: "Stock Transfer-in for HK$3,000 Cash Coupon Reward":

  • The promotion is valid from October 2 to October 31, 2017 ("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.

Terms and Conditions for offer 2: "Stock transfer-in for 4% p.a. bonus savings rate":

  • The offer is valid from October 2 to October 31, 2017 ("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 October 25, 2017.
    Date Event HK stock a/c
    balance
    HKD Settlement a/c
    balance
    Oct 25, 2017 The Selected Client requests a HK stock transfer-in for 200,000 shares of stock. HK$0 HK$500,000
    Oct 28, 2017 The stock transfer-in is successfully completed. HK$1,000,000 HK$500,000
    Oct 30, 2017 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 Nov and Dec 2017.. HK$1,000,000 HK$500,000
    Nov 1, 2017 The client deposits HK$1,000,000 to his/her HKD settlement a/c. HK$1,000,000 HK$1,500,000
    Dec 30, 2017 The client has maintained an Average Daily Balance of HK$1,500,000 in his/her HKD settlement a/c in Nov and Dec 2017.. HK$1,000,000 HK$1,500,000
    The client will receive HK$6,684 (HK$1,000,000 x 4% x 61/365)
    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 October 25, 2017.

    Date Event HK stock a/c
    balance
    HKD Settlement a/c
    balance
    Oct 25, 2017 The Selected Client requests a HK stock transfer-in for 200,000 shares of stock. HK$0 HK$500,000
    Nov 3, 2017 The stock transfer-in is successfully completed. HK$1,000,000 HK$500,000
    Nov 22, 2017 The client deposits HK$400,000 to his/her HKD settlement a/c. HK$1,000,000 HK$900,000
    Nov 30, 2017 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 Dec 2017 and Jan 2018.. HK$1,000,000 HK$900,000
    Jan 31, 2018 The client has maintained an Average Daily Balance of HK$900,000 in his/her HKD settlement a/c in Dec 2017 and Jan 2018.. HK$1,000,000 HK$900,000
    The client will receive HK$6,115 (HK$900,000 x 4% x 62/365)
    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.

General Terms and Conditions:

  • All the above offers cannot be used in conjunction with any other banking 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