Terms and Conditions

1. Terms of the Civil Servant Payroll Customer Referral Program

The promotion period is from 1 July 2017 to 30 September 2017 (both dates inclusive) (“Referral Promotion

Period”).

At the time of Referral, the Referrer must be i) Should maintain a valid HKD Savings Account or HKD Current

Account (including sole-name or joint-name accounts) with Bank of China (Hong Kong) Limited (“BOCHK”); AND ii)

Have taken up Integrated Account Service (“Wealth Management ”, “Enrich Banking” or “i-Free Banking”) (“Eligible

Referrer”).

The Eligible Referrer who successfully refers a customer to newly take up Payroll Service and the referee has

fulfilled the following requirements (“Successful Referral”), the Referrer can enjoy HK$300 BOCHK Credit Card Free

Spending Credit for each Successful Referral. There is no upper limit on the number of referral and reward amount:

(i) have not registered for and/or taken up BOCHK's Payroll Service from 1 April 2017 to 30 June 2017; AND

(ii) register for Payroll Service via any branches, Phone Banking or Internet Banking of the Bank during the

Referral Promotion Period; AND

(iii) should be “Hong Kong Government Civil Servant” and receive salary through the Treasury of the Government

of the Hong Kong Special Administrative Region; AND

(iv) should maintain a valid HKD Savings Account or HKD Current Account (including sole-name or joint-name

accounts) (“Payroll Account”) with BOCHK; AND

(v) start receiving salary through the Treasury credited to the Payroll Account by “electronic payroll arrangement”

within the next 2 calendar months from the date of payroll service registration, and maintain this arrangement

until 30 April 2018; AND

(vi) Monthly salary should reach HK$10,000 or above; AND

(vii) Have taken up or newly take up Integrated Account Service (“Wealth Management”, “Enrich Banking” or

“i-Free Banking”) during the Referral Promotion Period.

Free Spending Credit to the Eligible Referrer depends on the number of successful referee.

BOC Credit Card Free Spending Credit is meant exclusively for retail purchase and cannot be used for cash

advance, settlement of financial charge or any previous outstanding balance accrued before the Free Spending

Credit is credited.

a. Free Spending Credit cannot be converted into cash or exchanged for other gifts and is also not refundable

and transferrable.

b. If an Eligible Customer of Payroll Service holds more than one BOC Credit Card, the Free Spending Credit will

be credited to the highest tier BOC Credit Card Account (the credit card tier in descending order is Visa Infinite

Card, CUP Dual Currency Diamond Card, World MasterCard, Visa Signature Card, Platinum Card, Titanium

Card, Gold Card and Classic Card).

c. The status of the credit card accounts held by the the Referrer of Payroll Service should be normal, valid and

in good standing, and such accounts should not have overdue/bad records, nor have they been

cancelled/terminated for any reason, and the the Referrer of Payroll Service should not have breached the

Card User Agreement when the Free Spending Credit is credited by the Card Company. If the the Referrer of

Payroll Service cannot fulfil the above requirements, BOCHK and the Card Company reserve the right to forfeit

the relevant offer without prior notice.

Free Spending Credit will be credited to the Eligible Referrer’ BOC Credit Card on or before 30 April 2018. If he/she

does not successfully hold a valid BOC Credit Card when the Free Spending Credit is credited by the Card

Company, BOCHK will credit cash of equivalent value to his/her non-Dormant Hong Kong Dollar Savings Account

or HKD Current Account without prior notice. If the customers hold more than one Hong Kong Dollar Savings

Account or HKD Current Account, BOCHK has the discretion to credit the cash rebate to any one of the accounts.

“Salary” refers to the basic monthly salary (excluding commission, bonus, double pay, repayment and/ or other

funds) of which the amount should reach HK$10,000 or above.

“Electronic payroll arrangement” refers to the Treasury crediting the customer's salary to customer's Payroll Account

through BOCHK's or other banks’ payroll system. Standing instruction, overseas remittance, local electronic transfer,

cheque or cash deposit will not be considered as “electronic payroll arrangement”.

BOCHK reserves the absolute right to define the terms of “salary” and “electronic payroll arrangement”.

Each referee can only be referred once during the Referral Program Promotion Period. In the event that the referee

is referred by more than one Eligible Referrer, BOCHK will contact the referee to determine the successful referral

based on the Eligible Referrer details confirmed by the referee.

Self-referral will not be accepted for this Referral Program.

The date and account name of payroll registration are subject to BOCHK's record.

Referrer and referee cannot refer each other to be the new customer.

General Terms:

The above offers are only applicable to BOCHK customers.

The above offer is subject to the relevant terms. For details, please contact our branch staff.

BOCHK reserves the right to amend, suspend or shorten the Interest Rate Promotion Period and to amend the

relevant terms at any time at their sole discretion without prior notice.

The offers quantity is limited while stock lasts.

The above offers are not applicable to the staff of BOCHK and its subsidiaries.

In case of any dispute, the decision of BOCHK shall be final.

Should there be any discrepancy between the Chinese and English versions of this promotion material, the Chinese

version shall prevail.

2. Payroll Service Rewards

(i) Welcome Offer

The promotion period is from 1 July 2017 to 30 September 2017 (both dates inclusive)(“Payroll Service Promotion

Period”).

To be eligible for BOC Credit Card free spending credit (“Free Spending Credit”), customers are required to meet all

of the following requirements during Payroll Service Promotion Period (“Eligible Customers of Payroll Service”):

(i) should be “Hong Kong Government Servant Civil” and receive salary through the Treasury of the Government

of the Hong Kong Special Administrative Region; AND

(ii) should maintain a valid HKD Savings Account or HKD Current Account (including sole-name or joint-name

accounts)(“Payroll Account”) with BOCHK; AND

(iii) register for Payroll Service via any branch, Phone Banking or Internet Banking of BOCHK during the Payroll

Service Promotion Period; AND

(iv) start receiving salary through the Treasury credited to the Payroll Account by “electronic payroll arrangement”

within the next 2 calendar months from the date of payroll service registration, and maintain this arrangement

until Free Spending Credit is credited by BOC Credit Card (International) Limited (the “Card Company” ); AND

(v) have not registered for and/or taken up BOCHK’s Payroll Service from 1 April 2017 to 30 June 2017

Details of Payroll Service Rewards are as follows:

The amount of 1st Phase Free Spending Credit received by the Eligible Customers of Payroll Service will be

determined by the amount of first monthly salary received through the Payroll Account and the categories of

customers (Wealth Management / Enrich Banking / i-Free Banking). For details, please refer to following table.

Monthly salary

Free Spending Credit

Wealth Management

customers

Enrich Banking

customers

i-Free Banking

customers

HK$60,000 or above HK$1,500 HK$1,200

HK$300 HK$20,000 – HK$59,999 HK$1,200 HK$600

HK$10,000 – HK$19,999 HK$800 HK$300

1st Phase Free Spending Credit will be credited to the valid BOC Credit Card Accounts held by the Eligible

Customers of Payroll Service on or before the following dates. The Eligible Customers of Payroll Service should still

receive salary via the Payroll Account when Free Spending Credit for Welcome Reward is credited by the Card

Company.

Registration Period for Payroll Service Date of crediting the Free Spending Credit

1 July 2017 to 30 September 2017 On or before 30 April 2018

(ii) Extra Payroll Loyalty Reward

To enjoy 2nd Phase Free Spending Credit, Eligible Customers of Payroll Service should receive salary through the

Treasury credited to the Payroll Account by “electronic payroll arrangement” from the first payroll month and

maintain this arrangement until Free Spending Credit is credited by the Card Company, and still holding the

Integrated Account Services (Wealth Management / Enrich Banking / i-Free Banking). For details, please refer to

following table.

Monthly salary

Free Spending Credit

Wealth Management

customers

Enrich Banking

customers

i-Free Banking

customers

HK$60,000 or above HK$1,500

HK$300 HK$300 HK$20,000 – HK$59,999 HK$300

HK$10,000 – HK$19,999 HK$300

2nd Phase Free Spending Credit will be credited to the valid BOC Credit Card Accounts held by the Eligible

Customers of Payroll Service on or before the following dates. The Eligible Customers of Payroll Service should still

receive salary via the Payroll Account when Free Spending Credit for Extra Payroll Loyalty Reward is credited by

the Card Company.

Registration Period for Payroll Service Date of crediting the Free Spending Credit

1 July 2017 to 30 September 2017 On or before 31 December 2018

“Salary” refers to the basic monthly salary (excluding commission, bonus, double pay, repayment and/ or other

funds) of which the amount should reach HK$10,000 or above.

“Electronic payroll arrangement” refers to the Treasury crediting the Eligible Customers of Payroll Service salary to

customer’s Payroll Account through BOCHK’s or other banks’ payroll system. Standing instruction, overseas

remittance, local electronic transfer, cheque or cash deposit will not be considered as “electronic payroll

arrangement”.

BOCHK reserves the absolute right to define the terms of “salary” and “electronic payroll arrangement”.

Each Eligible Customer of Payroll Service can enjoy this offer once only. If an Eligible Customer of Payroll Service

registers for more than one Payroll Account within the Payroll Service Promotion Period, the Eligible Customer of

Payroll Service can only enjoy the offer once.

Each Eligible Customer of Payroll Service should still receive salary through the Payroll Account when the Free

Spending Credit is credited. Otherwise, the offer will be forfeited.

If the Payroll Account is a joint account, the holders of such account will be considered as one customer and only

one of the account holders will be entitled to this offer.

If an Eligible Customer of Payroll Service does not maintain any valid BOC Credit Card when the Free Spending

Credit is credited by the Card Company, BOCHK will credit cash of equivalent value to the his/her non-Dormant

HKD Savings Account or HKD Current Account without prior notice.

3. Extra Transactions Rewards

The promotion period is from 1 July 2017 to 30 September 2017 (both dates inclusive)(“Extra Transactions Rewards

Promotion Period”).

Customers who fulfill the following requirements (“Eligible Customer of Extra Transactions Rewards”) can enjoy up

to HK$200 BOC Credit Card Free Spending Credit rewards:

(i) Holding / newly take up or upgrade Integrated Banking Service during Extra Transactions Rewards Promotion

Period (including Wealth Management / Enrich Banking / i-Free Banking); AND

(ii) Newly take up payroll service during Payroll Service Promotion Period.

(iii) Fulfill the following Designated services/ transaction requirements from 1 July 2017 to 31 October 2017 (both

dates inclusive):

a. Small Value Transfer

Eligible Customers of Extra Transactions Rewards should successfully complete the withdrawal of deposit with

“Small Value Transfer” via BOCHK’s Mobile Banking within the Extra Transactions Rewards Promotion Period. The

date of successful withdrawal is regarded as the date of transaction. The Small Value Transfer service and its

associated account must be valid within the whole Promotion Period and at the moment when the reward is offered.

b. Payment Service

Eligible Customers of Extra Transactions Rewards shall meet the following requirements to enjoy extra rewards:

(i) Set up the Direct Debit Authorisation (“DDA”) instruction(s) with Savings or Current Account of BOCHK during

the Payroll Service Promotion Period(including but not limited to payments for utility bills, payment for BOC

Credit Card or other merchants bills); AND

(ii) Conduct at least one transaction under such DDA instruction by 31 October 2017; AND

The set up dates/ transaction dates of the DDA instructions shall be based on BOCHK’s record.

c. Securities Service

Eligible Customers of Extra Transactions Rewards shall meet the following requirements to enjoy extra rewards:

(i) Successfully open new sole-name / joint-name securities accounts (including Securities Margin Trading

Account but excluding Family Securities Accounts) (“New Securities Accounts”) with BOCHK for the period of

1 July 2017 to 30 September 2017 (both dates inclusive); AND do not have any securities account with

BOCHK within 6 months preceding the date of New Securities Accounts opening (“Eligible Customers of New

Securities”).

(ii) Eligible Customers of New Securities should conduct buying or selling transactions of securities listed on the

Hong Kong Exchange and Clearing Limited (“HKEx”)and settled in HKD or RMB (exclude Monthly Stocks

Savings Plan and IPO subscription) or securities listed on Shanghai Stock Exchange (“SSE”) via Internet

Banking, Mobile Banking or Automated Stock Trading Hotline of BOCHK through the New Securities Accounts

within the first 3 months starting from the date of New Securities Accounts opening (3-month period is

calculated on the basis of 90 days with the 90th day, Saturdays, Sundays and public holidays included).

(iii) Eligible Customers of New Securities should maintain valid New Securities Accounts, relevant settlement

accounts and Payroll Service at the time when the Securities Service Rewards is credited, otherwise the

Securities Service Rewards will be forfeited.

d. Foreign Exchange

Eligible Customers of Extra Transactions Rewards should conduct foreign currency exchange transaction at the

telegraphic transfer rate through same-name Multi-Currency Savings Account and with accumulated exchange

amount of HK$5,000 equivalent or above. For transactions denominated in foreign currencies, the relevant

transaction amount will be converted into Hong Kong dollars on the basis of the prevailing exchange rate quoted by

BOCHK at the close of business on the transaction day. BOCHK reserves the right to change the calculation

method of transaction amount at its sole discretion.

Each Eligible Customer of Extra Transactions Rewards can enjoy each of the below offer once only.

Completion of designated services / transactions requirements Extra Transactions Rewards

(BOC Credit Card Free Spending Credit)

a. Small Value Transfer HK$50

b. Payment Service HK$50

c. Securities Service HK$50

d. Foreign Exchange HK$50

Credit Card Free Spending Credit for Extra Transactions Rewards will be credited to the valid BOC Credit Card

Accounts held by the Eligible Customers on or before 30 April 2018.

If an Eligible Customer of Extra Transactions Rewards does not maintain any valid BOC Credit Card when the Free

Spending Credit is credited by the Card Company, BOCHK will credit cash of equivalent value to the his/her

non-Dormant HKD Savings Account or HKD Current Account without prior notice.

Each Eligible Customer of Extra Transactions Rewards can enjoy this offer once only. If an Eligible Customer of

Payroll Service registers for more than one Payroll Account within the Payroll Service Promotion Period, the Eligible

Customer of Payroll Service can only enjoy the offer once.

If the Payroll Account is a joint account, the holders of such account will be considered as one customer and only

one of the account holders will be entitled to this offer.

Payroll Service extra rewards is limited and available on a first-come first-served basis while quota lasts.

Eligible Customers of Extra Transactions Rewards should still receive salary through the Payroll Account when the

Payroll Service extra rewards is credited. Otherwise, the offer will be forfeited.

Risk Disclosure of Foreign Currency Trading

The value of foreign currency is subject to exchange rate fluctuations. The fluctuation in the exchange rate of foreign

currency may result in losses in the event that the customer converts foreign currency into Hong Kong dollars or other

foreign currencies.

Risk Disclosure for Investment Products or Services

This document does not constitute any offer, solicitation, recommendation, comment or any guarantee to the purchase

or sale of any investment product or service. Investment involves risks. Although investment may bring profit

opportunities, each investment product or service involves potential risks. Due to dynamic changes in the market, the

price movement and volatility of investment products may not be the same as expected by customers. Customers' fund

may increase or reduce due to the purchase or sale of investment products. The loss incurred from investment may be

the same or greater than initial investment amount, proceeds may also change accordingly. Part of the investment may

not be able to liquidate immediately under certain market situation. Before making any investment decisions,

customers should consider their own financial situation, investment objectives and experiences, willingness and ability

to bear risks, and understand the nature and risks of the relevant product. For the nature and risk disclosures of

individual investment products, customers should read carefully the relevant offering documents for details. Customers

should seek professional advice from an independent financial adviser.

4. Life Insurance First Year Premium Discount Offer Equivalent to HKD1,200 (“Life Insurance Offer”)

Life Insurance Offer is provided by BOC Group Life Assurance Company Limited (“BOC Life”).

Applicable to any designated life insurance plan underwritten by BOC Life.

Promotion period refers to the period between 1 July 2017 to 30 September 2017 (both dates inclusive)(“Life

Insurance Promotion Period”).

To be eligible for the Life Insurance Offer, customers should fulfill the following requirements:(i) new registration for

BOCHK Payroll Service during the Life Insurance Promotion Period; and (ii) submit the duly completed and signed

application form(s) together with the other required documents to BOC Life during the Life Insurance Promotion

Period; and (iii) the print date of insurance proposal(s) of the life insurance plan(s) must fall within the Life Insurance

Promotion Period; and (iv) the application must be accepted by BOC Life; and (v) all application documents must be

submitted to BOC Life on or before 7 October 2017 (“Eligible Policy(ies)”).

The premium of Eligible Policy(ies) must be paid on an annual basis.

The first year premium of Eligible Policy(ies) should not be less than HKD1,200/RMB960/USD150.

Life Insurance Offer will be directly deducted from the premium payable at the time of application.

In case of cancellation of the policy during the cooling-off period or in event of a premium refund, the portion of any

premium payments that has been offset by the Life Insurance Offer can under no circumstances be counted as

premium paid for inclusion in the refund amount.

Except for the designated promotions specified by BOC Life, the Life Insurance Offer can be used in conjunction

with other promotional offers of BOC Life.

The Life Insurance Offer cannot be changed, returned, exchanged for other gifts or redeemed for cash.

Any life insurance plan and its supplementary rider(s) (if any) mentioned in this promotion material are underwritten

by BOC Life. BOC Life is authorized and regulated by the Office of the Commissioner of Insurance to carry on long

term business in the Hong Kong Special Administrative Region of the People’s Republic of China.

BOCHK is one of the major insurance agent banks of BOC Life.

BOC Life reserves the right to decide at its sole discretion to accept or decline any application for any life insurance

plan and its supplementary rider(s) (if any) according to the information provided by the proposed insured and the

applicant at the time of application.

Any life insurance plan and its supplementary rider(s) (if any) mentioned in this promotion material are subject to the

formal policy documents and provisions issued by BOC Life. Please refer to the relevant policy documents and

provisions for details of the insured items and coverage, provisions and exclusions.

BOCHK is the appointed agents of BOC Life for distribution of life insurance products. The life insurance product is

a product of the insurance company but not BOCHK.

In respect of an 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 BOCHK and the customer out of the selling

process or processing of the related transaction, BOCHK is required to enter into a Financial Dispute Resolution

Scheme process with the customer; however any dispute over the contractual terms of the insurance product

should be resolved between directly BOC Life and the customer.

This promotion material is for reference only and is intended to be distributed in Hong Kong only. It shall not be

construed as an offer to sell or a solicitation of an offer or recommendation to purchase or sale or provision of any

products of BOC Life outside Hong Kong. Please refer to the policy documents and provisions issued by BOC Life

for details (including detailed terms, conditions, exclusions, policy costs and fees) of any life insurance plan and its

supplementary rider(s) (if any) mentioned in this promotion material. For enquiry, please contact the branch staff of

BOCHK.

5. Preferential Savings Annual Interest Rate

The promotion period is from 1 July 2017 to 30 September 2017 (both dates inclusive) (“Preferential Savings Annual

Interest Rate Promotion Period”).

To be eligible for 0.5% savings annual interest rate for the period of next calendar month after 1st salary to 31 July

2020 (both dates inclusive) (“Interest Rate Promotion Period”), customers are required to meet the following

requirements during the Preferential Savings Annual Interest Rate Promotion Period (“Eligible Customers”):

(i) should be “Hong Kong Government Civil Servant” and receive salary through the Treasury of the Government

of the Hong Kong Special Administrative Region; AND

(ii) should maintain a valid HKD Savings Account or HKD Current Account (including sole-name or joint-name

accounts)(“Payroll Account”) with Bank of China (Hong Kong) Limited (“BOCHK”); AND

(iii) receive salary by “Electronic Payroll Arrangement” through the Treasury credited to Payroll Account; AND

(iv) have taken up Wealth Management, Enrich Banking or i-Free Banking service (“Integrated Account Services“).

(Remarks: If customers have fulfiled requirements of (i) to (iv) by end of July 2017, Interest Rate Offer will be started

from 1 August 2017. If customers have fulfiled requirements of (i) to (iv) by end of August 2017, Interest Rate Offer

will be started from 1 September 2017.)

“Electronic Payroll Arrangement” refers to the Treasury crediting the salary to the Eligible Customer’s Payroll

Account through BOCHK or other banks’ payroll system. Standing instruction, overseas remittance, local electronic

transfer, cheque or cash deposit will not be considered as “Electronic Payroll Arrangement”. BOCHK reserves the

absolute right to define the terms of “Electronic Payroll Arrangement”.

Preferential savings annual interest rate offer is only applicable to deposit of all HKD and foreign currency (only for

RMB and USD) savings accounts of Eligible Customers which are opened with the same name of Payroll Accounts

(accounts that are with salary credited by the Treasury), but not applicable to the deposit of current accounts.

Starting from the next calendar month upon receiving salary from the Treasury by“Electronic Payroll Arrangement”

and taking up Integrated Account Services, if the daily savings account balance calculated by HKD, RMB and USD

independently (“Eligible Currencies”) is higher than the minimum balance requirement to enjoy interest rate (details

please refer to the relevant deposit rate table), then such Eligible Currencies of the savings account can be entitled

of 0.5% savings annual interest rate (“Interest Rate Offer”). The maximum deposit balance to enjoy Interest Rate

Offer is HK$5 million equivalent, any extra deposit balance which is above HK$5 million equivalent will not be

entitled to this offer. The currency sequence of calculation of maximum deposit balance is (1)HKD, (2)RMB and

(3)USD.

Interest Rate Offer is calculated by daily simple interest basis.

Interest Rate Offer will be calculated by the method of additional interest (“0.5% savings annual interest rate” minus

“board rate” (savings annual deposit rate) of BOCHK)(“Additional Interest”) and will be credited to the Payroll

Account of the Eligible Customers in the form of cash rebate (“Interest Rebate”). Additional Interest will be converted

into HKD at the exchange rate determined by BOCHK and will be rounded up to 2 decimal places.

Interest Rebate will be credited to the Payroll Account of the Eligible Customers in every January and July during

the Interest Rate Promotion Period. The Interest Rebate credited will be the accumulative Additional Interest of the

preceding 6 months. (Remarks: The accumulative Additional Interest within the period of 1 January 2020 to 31 July

2020, will be credited in August 2020)

During the Interest Rate Promotion Period, if Eligible Customer is in following status one month before interest

credited by BOCHK: (i) do not have any salary credit record by “Electronic Payroll Arrangement” through the

Treasury credited to the Payroll Account; or (ii) do not hold any valid Payroll Account/Savings Account of the Eligible

Currencies; or (iii) have not taken up/ cancelled Integrated Account Services, the Additional Interest accumulated

before the cash rebate will be cancelled.

During the Interest Rate Promotion Period, if the board rate (savings annual deposit rate) of BOCHK as at the

interest calculation date is higher than 0.5% savings annual interest rate, the Additional Interest of that interest

calculation date will be cancelled.

0.5% savings annual interest rate is not guaranteed, BOCHK reserves the absolute right to amend this interest rate

from time to time.

If there is any change of the board rates (savings annual deposit rates) of BOCHK, BOCHK will have notice posted

at branches and website of BOCHK (www.bochk.com). Customers should aware of the above notice; BOCHK will

not send any notification to individual customers.

6. Monthly Deposit Savings Plan

The promotion period is from 1 July 2017 to 30 September 2017 (both dates inclusive)( “Monthly deposit Savings

Plan Promotion Period” ).

To be eligible for up to 1.2% p.a. for HKD Monthly Deposit Saving Plan, customer must successfully set up new

“HKD Payroll Customers Monthly Deposit Savings Plan” via any branches, Internet Banking or Manned Phone

Banking Services of BOCHK during the Monthly Deposit Saving Plan Promotion Period. The above HKD monthly

deposit interest rates are based on the interest rates of 18 month HKD monthly deposit interest rates quoted on 30

June 2017 by Bank of China (Hong Kong) Limited ("BOCHK") and are for reference only. The actual interest rates

will be subject to the quotes by BOCHK from time to time.

7. First 12- month waiver on the requirement of "Total Relationship Balance"

First 12- month waiver on the requirement of "Total Relationship Balance" for Wealth Management

To enjoy this offer, customers should register for Payroll service and take up / upgrade their existing accounts to

Wealth Management service at branches of BOCHK during the Payroll Service Promotion Period with salary

payment of HK$60,000 or above and with valid salary proof provided (the latest 3 months). Starting from the

beginning of the 13th month after joining the service, the Wealth Management service fee (currently HK$280 per

month) will be levied if the ”Total Relationship Balance” of the customer falls below the designated amount (currently

HK$1,000,000). The service fee will be subject to change by BOCHK from time to time. For details, please contact

our branch staff.

First 12- month waiver on the requirement of "Total Relationship Balance" for Enrich Banking

To enjoy this offer, customers should register for Payroll service and take up / upgrade their existing accounts to

Enrich Banking service at branches of BOCHK during the Payroll Service Promotion Period with salary payment of

HK$20,000 or above and with valid salary proof provided (the latest 3 months). Starting from the beginning of the

13th month after joining the service, the Enrich Banking service fee (currently HK$120 per month) will be

levied if the ”Total Relationship Balance” of the customer falls below the designated amount (currently

HK$200,000). The service fee will be subject to change by BOCHK from time to time. For details, please

contact our branch staff.

First 12- month waiver on the requirement of "Total Relationship Balance" for i-Free Banking

To enjoy this offer, customers should take up / upgrade their existing accounts to i-Free Banking service at

branches of BOCHK during the Payroll Service Promotion Period. Starting from the beginning of the 13th month

after joining the service, the i-Free Banking service fee (currently HK$60 per month) will be levied if

the ”Total Relationship Balance” of the customer falls below the designated amount (currently HK$10,000).

The service fee will be subject to change by BOCHK from time to time. For details, please contact our branch

staff.

8. Foreign Currency Exchange Offer

The promotion period is from 1 June 2017 to 30 September 2017 (both dates inclusive) ("Foreign Currency

Exchange Offer Promotion Period").

To enjoy the Foreign Currency Exchange Offer, eligible customer should convert HKD to the Designated Currencies

(or vice versa) at telegraphic transfer exchange rate at any branch or via Manned Phone Banking Services of

BOCHK. The table below sets out the details of the offer:

The offer is not applicable to foreign currency banknotes exchange.

BOCHK reserves the right to change the foreign currency exchange offer at any time at its sole discretion without

prior notice.

Designated Currencies Pips offers

GBP 100 pips

AUD, NZD, CAD, JPY 60 pips

Risk Disclosure of Foreign Currency Trading

Foreign currency investments are subject to exchange rate fluctuations which may provide both opportunities and risks.

The fluctuation in the exchange rate of foreign currency may result in losses in the event that the customer converts

foreign currency into Hong Kong dollars or other foreign currencies.

9. Terms and Conditions of 2X Reward Gift Points and a handling fee waiver for mileage conversion

Unless otherwise specified, the promotion period is valid from now to 30 September 2017 (both dates

inclusive), Hong Kong Government Civil Servants can enjoy the following fabulous rewards upon successfully

registration for BOCHK Payroll Service and taking up one of the service as below.

(i) Taking up of Wealth Management Service as well as being accepted of a Wealth Management Visa Infinite

Card or

(ii) Taking up of Enrich Banking Service as well as being accepted of a Enrich Banking World MasterCard or

(iii) Taking up of i-Free Service as well as being accepted of a BOC i-card.

Unless otherwise specified, the promotion period is valid from now to 31 December 2020 (both dates inclusive,

transaction date shall prevail) ("Promotion Period").

To be eligible for The Promotion, cardholders should make the transaction with the Wealth Management Visa

Infinite Card / Enrich Banking World MasterCard / BOC i-card ("Eligible Card") issued by BOC Credit Card

(International) Ltd. (the "Company") in Hong Kong within the Promotional Period.

Only local retail purchase and overseas retail purchase can enjoy the offer of extra gift points (“Eligible

Transactions”). All local cash advance, overseas cash advance, annual fee, financial fee, handling fee, balance

transfer, cash before card service amount, installment fee, gift redemption fee, internet payment or transaction

amount, tax payment, mail order, telephone or fax order, casino transaction, Octopus AAVS, gift delivery charges,

investment and any other transactions without sales slip are all excluded.

Unless otherwise specified, eligible overseas retail purchase means retail transactions made and settled in foreign

currency.

The Eligible Transaction must be posted to Eligible Card account within 7 days from the transaction date.

Cardholder can entitle extra 1X gift points on top of the basic 1X gift point (HK$1=1 gift point) and a handling fee

waiver for mileage conversion. The extra 1X gift points and a handling fee waiver for mileage conversion will be

posted to the Eligible Card account in month end of January and July.

The extra 1X gift points and a handling fee waiver for mileage conversion will be posted to the Eligible Card account

of the main cardholders in month end of July during the promotion period from 1 January to 30 June. The extra 1X

gift points and a handling fee waiver for mileage conversion will be posted to the Eligible Card account of the main

cardholders in next year month end of January during the promotion period from 1 July to 31 Dec. The last batch of

extra 1X gift points and a handling fee waiver for mileage conversion will be posted to the Eligible Card account of

the main cardholders in month end of January 2021. Example:

Spending and posting period Date of crediting the extra 1X gift points and a handling fee waiver

for mileage conversion

1 July 2017 to 31 December 2017 On or before 31 January 2018

1 January 2018 to 30 June 2018 On or before 31 July 2018

The extra 1X gift points and a handling fee waiver for mileage conversion will be posted to the Wealth Management

Visa Infinite Card account held by Wealth Management Customer/ Enrich Banking World MasterCard held by Enrich

Banking Customer / BOC i-card held by i-Free Customer.

BOC Wealth Management Visa Infinite Card brings you up to 6X Reward Gift Points for dining and overseas

spending. Upon you meet the monthly spending of HK$15,000 or above, you can earn extra 3X Gift Points on top of

the current 3X Gift Points for all dining and overseas spending with no ceiling. Please visit www.boci.com.hk for

more details.

Any fraudulent, unauthorized, cancelled, refunded transactions as well as unposted transactions will result in the

forfeiture of eligibility for The Promotion.

Cardholders will only be entitled to the gift points and a handling fee waiver for mileage conversion when their card

account is valid and in good standing and at the time when the award is being made. If a cardholder account has

been cancelled or is found to be in violation of the Card User Agreement, or if a cardholder relinquishes the gift

points and a handling fee for mileage conversion at any particular time or at the time when the gift points and a

handling fee for mileage conversion are being awarded, the eligibility for The Promotion will be forfeited.

All gift points and a handling fee for mileage conversion are not transferable, refundable or convertible into cash or

other prizes. The terms and conditions of gift points are subject to the Gift Points Programme Catalogue and BOC

Credit Card Superior Travel Awards, please visit BOC Credit Card Website www.boci.com.hk for details.

Where a cardholder has been awarded gift points and a handling fee waiver for mileage conversion and a reversal

entry occurs thereafter on any of the related transaction(s), the cardholder is required to reimburse the Company

with the equivalent monetary value for such awarded gift points or in a manner as may be determined by the

Company. The Company will, without prior notice, charge the equivalent monetary value to the cardholder account

in reversal of such awarded gift points.

Cardholders must retain all original transaction sales slips for reference. In case of any dispute, the Company

reserves the right to request a cardholder to produce the original transaction sales slip(s) and/or such further

documentation or evidence for verification at any time during or after The Promotion. All sales slips and/or such

further documentation submitted to the Company will not be returned.

The Company will determine the eligibility of submitted transaction details by verifying the cardholder transaction

records kept by the Company. The Company records shall be final and conclusive.

The Company reserves the right to change, suspend or terminate The Promotion or amend the terms and

conditions at its sole discretion without prior notice. In case of any dispute(s), the decision of the Company shall be

final.

In the event of any discrepancy or inconsistency between the English and the Chinese version of these terms and

conditions, the Chinese version shall prevail.

10. Terms of the Enjoy up to 0.50% Cash Reward for “Reverse Mortgage Programme”:

The promotion period is from 2 June 2017 to 30 November 2017 (both dates inclusive) (“Reverse Mortgage

Promotion Period”).

Customer who submits a filled-in application form for reverse mortgage loan to BOCHK during the Eligible Reverse

Promotion Period and successfully draw down such loan on or before 29 December 2017 (“Eligible Reverse

Mortgage Loan”), he/she can enjoy the following cash reward (“Cash Reward”) according to his/her customer type:

Customer Type

Cash Reward

(Calculated based on the “Property and Policy

Value” of the “Eligible Reverse Mortgage Loan”)

Hong Kong Government Civil Servants who newly

register for and take up BOCHK Payroll Service

during the Promotion Period (“Eligible Civil Servants

Payroll Service Customers”)

0.50%

“Eligible Civil Servants Payroll Service Customers” refer to customers who meet all of the following requirements:

a. Newly register for Payroll Service via any branch, Phone Banking or Internet Banking of BOCHK successfully

during the Eligible Reverse Promotion Period; AND

b. Start receiving Salary through the Treasury of the Government of the Hong Kong Special Administrative

Region (“Treasury”) credited to the payroll account by “Electronic Payroll Arrangement” after newly registered

for Payroll Service, and continue receive Salary by the payroll account until the time which Cash Reward is

credited into the account held in BOCHK for receiving payout of the Eligible Reverse Mortgage Loan; AND

c. Should be “Hong Kong Government Civil Servant” and receive Salary through the Treasury; AND

d. “Electronic Payroll Arrangement” refers to the Treasury crediting the Salary to the Eligible Civil Servant Payroll

Service Customer’s payroll account through BOCHK or other banks’ payroll system. Standing instruction,

overseas remittance, local electronic transfer, cheque or cash deposit will not be considered as “Electronic

Payroll Arrangement”. BOCHK reserves the absolute right to define the terms of “Salary” and “Electronic

Payroll Arrangement”.

If the account held in BOCHK for receiving payout of the Eligible Reverse Mortgage Loan is a joint account, only one

(or more) of the account holder(s) is/are required to be Eligible Civil Servant Payroll Service Customer(s) in order to

enjoy the above-mentioned 0.50% Cash Reward.

“Property and Policy Value” refers to the total amount of the maximum specified property value and the applicable

cash surrender value of the life insurance policy (if any) used for payout calculation for the Eligible Reverse

Mortgage Loan.

Cash Reward for each Eligible Reverse Mortgage Loan will be rounded down to the nearest Hong Kong dollar.

Cash Reward will be credited into the account held in BOCHK for receiving payout of the Eligible Reverse Mortgage

Loan on or before 28 February 2018. To enjoy the Cash Reward, the Eligible Reverse Mortgage Loan account held

in BOCHK should be valid at the time when the Cash Reward is granted by BOCHK.

General Terms:

BOCHK reserves the right of approval on the application for any credit facilities and mortgage at its absolute

discretion. BOCHK shall have the right to decide whether to accept / decline any application taking into

consideration of the credit reports of the applicants and any information provided by the applicants. BOCHK is not

obliged to give any reason in case any application is declined. BOCHK also reserves the right to request further

documents from the applicants for the purpose of evaluation if necessary. The credit facilities and mortgage will be

governed by the facility letter signed between the loan applicants and BOCHK.

BOCHK’s records of the application date, drawdown date and account for loan drawdown of all loans are

conclusive.

The above products, services and offer are subject to the relevant terms. For details and any relevant charges,

please refer to the relevant promotion materials or contact our branch staff.

BOCHK reserves the right to amend, suspend or terminate the above products, services and offers and to amend

the relevant terms at any time at its sole discretion.

In case of any dispute, the decision of BOCHK shall be final.

Should there be any discrepancy between the Chinese version and English version of this promotion material, the

Chinese version shall prevail.

11. Extra Cash Reward Offer for Residential Property Mortgage Loan

The promotion period is from 1 July 2017 to 30 September 2017 (“Mortgage Promotion Period”). The offer is

applicable to the “Hong Kong Government Civil Servant” customers who take up / upgrade the existing account

(sole-name or joint-name) to Wealth Management / Enrich Banking / i-Free Banking of BOCHK (“Selected Mortgage

Customers”). If the account is a joint account, the holders of such account will be considered as one eligible

customer and only one of the account holders will be entitled to the above offer. BOCHK reserves the right to grant

the above offer to any one of the joint-account holders.

Upon submission of application for and successful drawdown of residential property mortgage loan at BOCHK by a

Selected Mortgage Customer with amount of HK$300,000 or above during Mortgage Promotion Period, the

Selected Mortgage Customer is entitled to an extra cash rebate. The cash rebate amount shall be subject to

BOCHK’s final approval.

The respective cash rebate amount will be credited to designated loan account of the loan application on or before

30 November 2017 by BOCHK.

If the level of cash rebate is in excess of 1% of the mortgage loan amount, it is required to treat the entire amount of

cash rebate as part of the mortgage loan amount for the purpose of calculating the loan-to-value ratio.

12. “BOC Express Cash Revolving Credit” 0% interest offer for first 12 months

Promotion Period is from 1 July 2017 until 30 Sep 2017(both dates inclusive). (“0% interest offer for first 12 months

Promotion Period”)

Customers successfully apply for a BOC Express Cash Revolving Credit using Promotion Code “QD” via any Bank

of China Hong Kong (“BOCHK”) branch or BOC Express Cash hotline at 2108 3688 during the 0% interest offer for

first 12 months Promotion Period, and have satisfied all of the following requirements can enjoy “BOC Express

Cash Revolving Credit 0% interest offer for first 12 months” (“0% interest offer for first 12 months Eligible

Customer”) :

a. Customers must be staff under the “Hong Kong Government Civil Servant” and receive salary through the

Treasury of the Government of the Hong Kong Special Administrative Region; customers must receive a

monthly salary of HK$10,000 or above in order for the requirement (“Salary”); and

b. take up or have taken up Wealth Management, Enrich Banking or i-Free Banking service("Integrated Account

Services") or new BOC Credit Card (International) Limited (“Card Company”) customers (including i.

non-existing BOC Express Cash and BOC Credit Card customer; or ii. customer who owns a recently

opened BOC Credit Card within 2 months) ; and

c. register for Payroll Service via any branch, Phone Banking or Internet Banking of the Bank during the Payroll

Service Promotion Period; and

d. have not registered for and/or taken up BOCHK’s Payroll Service within the period from 1 April 2017 to 30

June 2017.

The bank reserves the absolute right to define the terms of “Salary”.

Details of“BOC Express Cash Revolving Credit 0% interest offer for first 12 months” are as follows:

a. first 12 months interest waiver for the following revolving credit limit (starting from the date of opening the BOC

Express Cash Revolving Credit Account); and

Customer Type Revolving credit limit of“0% interest offer for first 12 months” up to

Wealth Management HK$80,000

Enrich Banking HK$40,000

i-Free Banking HK$20,000

New Card Company customers HK$10,000

b. first 12 months withdrawal fee waiver (including the Internet Banking and Mobile Banking Cash Before card,

withdrawing cash at any ATMs and the counter); and

c. perpetual annual fee waiver.

Income proof is not required for designated BOCHK customers. Card Company reserves the right of final

interpretation to the definition.

For a loan amount of HK$10,000, the annualized percentage rate (“APR”) is 0%. The APR is calculated according to

the guidelines laid down in the “Code of Banking Practice”, including first withdrawal fee waiver and annual fee

waiver. The APR is an annualized reference rate that reflects basic interest and other related fees and charges of

the banking products. The above example is calculated based on a number of assumptions and used for reference

only.

During the preferential interest rate period, the loan amount cannot be adjusted upwards.

0% interest offer for first 12 months Eligible Customer must continue to take up Wealth Management, Enrich

Banking or i-Free Banking service for the subsequent 6 months from opening the BOC Express Cash Revolving

Credit account. BOCHK and the Card Company reserve their right to withdraw the offers and the relevant privileges

without prior notice.

The offer applies only to full-time employees and does not apply to existing BOC Express Cash Installment Loan,

BOC Express Cash Instalment Loan Balance Transfer or BOC Express Cash Revolving Credit customers.

Customers do not have or cancel BOC Express Cash Instalment Loan, BOC Express Cash Balance Transferor or

BOC Express Revolving Credit within 12 months preceding the date of application.

The status of 0% interest offer for first 12 months Eligible Customer’s BOC Express Cash account must be normal

and valid, and without any overdue record or in breach of the terms and conditions of the BOC Express Cash Card

User Agreement or being cancelled or closed for any reasons within the preferential interest rate period. If the

customer cannot fulfill the above requirements, the Card Company reserves the right to withdraw the promotional

interest rate offer without prior notice. Interest will be charged at the Privileged Interest Rate applicable to the

account beyond the Introductory Rate Offer Period. In the event the account holder has not made any repayment or

has made a repayment of less than the “Minimum Payment” on or before the specified Due Date on two or more

occasions in respect of the last 6 consecutive monthly statements, the Card Company will charge interest on the

outstanding balance carried in the said account at the Overdue Interest Rate which is 4% per annum over the

applicable Privileged Interest Rate and cancel the above mentioned Promotional Interest Rate offer.

Rights of Third Parties:

a. Subject to Clause 4.c, a person who is not a party to this Agreement has no right under the Contracts (Rights of

Third Parties) Ordinance (Cap. 623 of the Laws of Hong Kong) (the "Third Parties Ordinance") to enforce or to

enjoy the benefit of any term of this Agreement.

b. Notwithstanding any term of this Agreement, the consent of any person who is not a party to this Agreement is not

required to rescind or vary this Agreement at any time.

c. Any director, officer, employee, affiliate or agent of the Card Company may, by virtue of the Third Parties Ordinance,

rely on any provision of this Agreement (including without limitation any indemnity, limitation or exclusion of liability)

which expressly confers rights or benefits on that person.

General Terms:

BOC Express Cash Revolving Credit is the product of the Card Company. The Card Company is a member of the

BOCHK Group.

The above products are subject to the relevant terms of the BOC Express Cash Revolving Credit.

Each 0% interest offer for first 12 months Eligible Customer can enjoy the above offer only once. This offer cannot

be used in conjunction with other promotion offer that is not listed in this promotion material.

The above promotion offer is not applicable to member of BOCHK Group

The credit rating of each customer must fulfill the requirements of the Card Company. The approved APR may vary

on a case-by-case basis, subject to the credit rating of each individual customer, loan amount and repayment tenor.

Approval of the loan amount, repayment tenor and interest rate are all subject to the final decision of the Card

Company without providing any reason.

The Card Company reserves the right to amend, suspend or terminate the above products and offers, and to amend

the relevant terms at any time at its sole discretion without prior notice.

In case of any dispute, the decision of the Card Company shall be final.

Should there be any discrepancy between the English and Chinese versions of this promotion material, the Chinese

version shall prevail

13. Securities Brokerage Fee Reward

Promotion Period is from 1 July 2017 to 31 September 2017 (both dates inclusive)(“Promotion Period”).

To entitle to securities brokerage fee reward from the 6th working day of next calendar month upon receiving first

salary to 31 July 2020(both dates inclusive)(“Preferential Brokerage Fee Period”), customer are required to fulfill all

of the following requirements(“Eligible Customers of Securities Reward”):

(i) newly register and use Bank of China (Hong Kong) Limited (“BOCHK”) Payroll Service during Promotion

Period and have not registered for and/or taken up BOCHK’s Payroll Service from 1 April 2017 to 30 June

2017; AND

(ii) Should be “Hong Kong Government Civil Servant” and receive salary through the Treasury of the Government

of the Hong Kong Special Administrative Region; AND

(iii) Should maintain a valid HKD Savings Account or HKD Current Account (including sole-name or joint-name

accounts) (“Payroll Account”) of BOCHK; AND

(iv) start receiving salary through the Treasury credited to the Payroll Account by “electronic payroll arrangement”

within the next 2 calendar months from the date of payroll service registration, and maintain this arrangement

during Preferential Brokerage Fee Period; AND

(v) Should maintain a valid securities account (including Securities Margin Trading Account, Family Securities

Account) (“Securities Account”) of BOCHK; AND

(vi) Receive salary by “Electronic Payroll Arrangement” through the Treasury credited to Payroll Account ;

“Electronic Payroll Arrangement” refers to the Treasury crediting the salary to the Payroll Account of Eligible

Customers of Securities Reward through BOCHK or other banks’ payroll system. Standing instruction, overseas

remittance, local electronic transfer, cheque or cash deposit will not be considered as “Electronic Payroll

Arrangement”. BOCHK reserves the absolute right to define the terms of “Electronic Payroll Arrangement”.

Starting from the 6th working day(excluding Saturday, Sunday and public holiday) of next calendar month upon

receiving salary from the Treasury by “Electronic Payroll Arrangement”, Eligible Customers of Securities Reward

can entitle to the brokerage fee of “Gold Star” membership of Securities Club during the Preferential

Brokerage Fee Period: based on the transaction amount of each transaction, 0.2% brokerage fee for

transaction trading Hong Kong Stocks / Shanghai/ Shenzhen A shares through automated trading channels

(Mobile Banking/Internet Banking/Automated Stock Trading Hotline); 0.28% brokerage fee for transaction

trading Hong Kong Stocks / Shanghai/ Shenzhen A shares through branches/manned trading hotline.

Minimum charge of brokerage fee for each transaction is HK$100/ RMB100 (“Preferential Brokerage Fee”).

If Eligible Customers of Securities Reward is currently holding “Diamond Star” membership of Securities Club, the

"Diamond Star" membership of Securities Club will not be changed.

Preferential Brokerage Fee is only applicable to Eligible Customers of Securities Reward who use securities

accounts (including Securities Margin Trading Account, Family Securities Account) which are opened with the same

name of Payroll Accounts (accounts that are with salary credited by the Treasury) to buy/ sell securities listed on the

Hong Kong Exchange and Clearing Limited (“HKEx”) and settled in HKD or RMB (exclude Monthly Stocks Savings

Plan and IPO subscription) or securities listed on Shanghai Stock Exchange (“SSE”) or Shenzhen Stock

Exchange(SZSE).

Other transaction fees still apply, including but not limited to transaction charge, Hong Kong stamp duty,

transaction levy charged by the Securities and Futures Commission of Hong Kong, trading fee charged by

HKEx, stamp duty charged by the State Administration of Taxation, securities management fee charged by

China Securities Regulatory Commission, handling fee charged by SSE/SZSE and transfer fee charged by

China Securities Depository and Clearing Corporation Limited.

During the Preferential Brokerage Fee Period, if Eligible Customers of Securities Reward is in following status in last

month: (i) do not have any salary credit record by “Electronic Payroll Arrangement” through the Treasury credited to

the Payroll Account; or (ii) do not hold any valid Payroll Account/ Securities Account, the Preferential Brokerage Fee

will be cancelled on the first working day of that month.

BOCHK reserves the absolute right to amend the brokerage fee of “Gold Star” member of Securities Club from time

to time. If there is any change of the brokerage fee of “Gold Star” member of Securities Club, BOCHK will have

notice posted at branches and website of BOCHK (www.bochk.com). Customers should aware of the above notice.

General Term：

The above offers are only applicable to personal banking customers.

Customers can enjoy the above offers simultaneously. However, these offers cannot be used in conjunction with

other promotion offers that are not listed in this promotion material.

The above products, services and offers are subject to the relevant terms. For details, please refer to the relevant

promotion materials or contact BOCHK’s staff.

BOCHK reserves the right to amend, suspend or terminate the above products, services and offer and to amend the

relevant terms at any time at its sole discretion without prior notice.

In case of any dispute, the decision of BOCHK shall be final.

Should there be any discrepancy between the English and Chinese versions of this promotion material, the Chinese

version shall prevail.

Risk Disclosure:

The following risk disclosure statements cannot disclose all the risks involved and does not take into account any

personal circumstances unknown to BOCHK. You should undertake your own independent review and seek

independent professional advice before your trade or invest especially if you are uncertain of or have not understood

any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment. You

should carefully consider whether trading or investment is suitable in light of your own risk tolerance, financial situation,

investment experience, investment objectives, investment horizon and investment knowledge.

Risk Disclosure of Securities Trading

Risk of Securities Trading

The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may

become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling

securities.

Risk of Securities Margin Trading

The risk of loss in financing a transaction by deposit of collateral is significant. You may sustain losses in excess of your

cash and any other assets deposited as collateral with the licensed or registered person. Market conditions may make

it impossible to execute contingent orders, such as "stop-loss" or "stop-limit" orders. You may be called upon at short

notice to make additional margin or interest payments. If the required margin or interest payments are not made within

the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any

resulting deficit in your account and interest charged on your account. You should therefore carefully consider whether

such a financing arrangement is suitable in light of your own risk tolerance, financial situation, investment experience,

investment objectives, investment horizon and investment knowledge.

You are reminded to understand the relevant details, charges and important notes before investing in Shanghai A

shares or Shenzhen A shares. For details, please read the “Important Notice of Trading China A Shares and A

Shares Margin Trading via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect” in

BOCHK’s website or the branch staff of BOCHK.

RMB Conversion Limitation Risk

RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The

fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or

other foreign currencies. RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to

conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for

which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should

consider and understand the possible impact on their liquidity of RMB funds in advance.

This promotion material does not constitute any offer, solicitation, recommendation, comment or guarantee to the

purchase, subscription or sale of any investment product or service and it should not be considered as investment

advice.

This promotion material is issued by BOCHK and the contents have not been reviewed by the Securities and Futures

Commission of Hong Kong.

14. Enjoy subscription fee as low as 1% upon first subscription

Promotion period refers to the period between 1 July 2017 to 30 September 2017 (both dates

inclusive)(“Subscription Fee Discount Promotion Period”).

To be eligible for the 1% Subscription Fee Offer, customers should fulfill the following requirements:(i) new

registration for BOCHK Payroll Service during the Fund Subscription Fee Discount Promotion Period (ii) Selected

Fund Customers need to subscribe funds in a lump sum or perform fund switching between different fund houses

for the first time via same branch on the same day during the Promotion Period.

Risk Disclosure Statement for Fund Trading:

The following Risk Disclosure Statement may not disclose all the risks involved. You should undertake your own

research and study before you trade or invest. You should carefully consider whether trading or investment is suitable

in light of your own financial position and investment objectives. This promotion material does not constitute any offer,

solicitation, recommendation, comment or guarantee to the purchase, subscription or trade of any investment products

or services. Monthly Funds Savings Plan is not equivalent to, nor should it be treated as a substitute for, time deposit.

Although investment may bring profit opportunities, each investment product or service involves potential risks. Due to

dynamic changes in the market, the price movement and volatility of investment products may not be the same as

expected by you. Your fund may increase or reduce due to the purchase or sale of investment products. The value of

funds may go up as well as down and the funds may become valueless. Therefore, you may not receive any return

from your funds investment. Part of the investment may not be able to liquidate immediately under certain market

situation. The investment decision is yours but you should not invest in any products unless the intermediary who sells

them to you has explained to you that these products are suitable for you having regard to your financial situation,

investment experience and investment objectives. Before making any investment decisions, you should consider your

own financial situation, investment objectives and experiences, risk acceptance and ability to understand the nature

and risks of the relevant product. Investment involves risks. Please refer to the relevant fund offering documents for

further details including risk factors. If you have any enquiry on this Risk Disclosure Statement or the nature and risks

involved in trading or funds etc, you should seek advice from independent financial adviser.

15. BOC Medical Comprehensive Protection Plan (Series 1) (“the Plan”) Enrolment Privilege for Payroll

Customers

Promotion period from 1 July to 30 September 2017 (both dates inclusive) (“BOC Medical Comprehensive

Protection Plan Promotion Period”).

To be eligible for the discount offer of the Plan, customers should fulfill the following requirements: (i) new

registration for BOCHK Payroll Service during BOC Medical Comprehensive Protection Plan Promotion Period; (ii)

successful enrolment in the Plan via branches, Contact Centre, website www.bochk.com or Internet Banking of

BOCHK during BOC Medical Comprehensive Protection Plan Promotion Period. Successful enrolment refers to the

Proposed Insured submitted the completed and / or signed forms together with the Credit Card Authorization Form

or the Direct Debit Authorization Form to Bank of China Group Insurance Company Limited (“BOCG Insurance”); (iii)

the discounted premium is settled on or before 30 September 2017 (late payment will not be accepted); and the

relevant policy is effective on or before 30 September 2017 (“Eligible Customers”). This offer is only applicable to

new policy application but not to any policy renewals or re-applications within 3 months after policy cancellation /

termination of policy renewals.

The Proposed Insured can enjoy 15% First Year Premium Discount if one person is insured under the approved

policy of the Plan. If two or more “family members” are insured under the approved policy of the plan, the Proposed

Insured can enjoy a total of 23% discount for First Year Premium, including 15% discount of the First Year Premium

and the additional 10% premium discount each year. A “family member” refers to the Proposed Insured and/or

his/her legally married spouse and/or his/her child(ren). Child(ren) refer(s) to the legal child(ren) of the Proposed

Insured, including step child, adopted child, or guardian child, aged between 15 days to 17 years old, or 23 years of

age as full-time student. Please note that if the number of Insured Person is decreased to one “family member”,

10% premium discount each year offer will be cancelled.

Premium discount offer is provided by BOCG Insurance and BOCHK.

16. “Universal Smart Travel Insurance Plan” (“the Plan”) for Civil Servant Payroll Customer Offer

Promotion Period from 1 July to 30 September 2017 (both dates inclusive) (“Universal Smart Travel Insurance Plan

Promotion Period”).

To be eligible for 30% discount on the first year premium and a 5% discount on the renewal premium for the Plan

(Annual Travel Plan), customers should fulfill the following requirements: (i) new registration for BOCHK Payroll

Service during Universal Smart Travel Insurance Plan Promotion Period; (ii) successful enrolment in the Plan via

branches, website www.bochk.com or Internet Banking of BOCHK during Universal Smart Travel Insurance Plan

Promotion Period. Successful enrolment refers to the Proposed Insured submitted the completed and / or signed

forms together with the Credit Card Authorization Form or the Direct Debit Authorization Form to Bank of China

Group Insurance Company Limited (“BOCG Insurance”); (iii) the discounted premium is settled on or before 30

September 2017 (late payment will not be accepted); (iv) and the relevant policy is effective on or before 30

September 2017, otherwise the Discount Offer will be forfeited (“Eligible Customers”); (v) for enrolment via website

www.bochk.com and Internet Banking of BOCHK, must input the Promotional Code “CS001”, the offer cannot be

used in conjunction with any other Promotional Codes at the same time. This offer is only applicable to new policy

application but not to any policy renewals or re-applications within 3 months after policy cancellation / termination of

policy renewals.

BOC Credit Card Rewards Gift Points (“Rewards Gift Points” ) Offer:

(i) The Rewards Gift Points are only applicable to customers who hold valid BOC Credit Cards issued in Hong

Kong bearing logo, while customers of Great Wall International Credit Card, USD Card, BOC Purchasing

Card, BOC Prepaid Card, Private Label Card, Intown Card, BOC Express Cash Card, and customers who have

participated in the cash rebate plan are excluded. If a customer holds more than one BOC Credit Card, the

Rewards Gift Points will be credited to the highest tier BOC Credit Card Account (the credit card tier in

descending order is Visa Infinite Card, Platinum Card, Titanium Card, Gold Card and Classic Card). If a

customer holds two BOC Credit Card accounts at the same tier, the Rewards Gift Points will be credited to the

latest BOC Credit Card Account.

(ii) To be eligible for the Rewards Gift Points, the Eligible Customers should register for the BOC Credit Card

Direct Debit Authorisation Service for premium payment of the first policy year and renewal for the Plan (Annual

Travel Plan) during the Promotion Period, otherwise the offer will be forfeited. Upon successful registration of

the above BOC Credit Card Direct Debit Authorisation Service, the extra 5,000 BOC Credit Card Rewards Gift

Points will be credited by BOC Credit Card (International) Limited (“the Card Company”) to the BOC Credit

Card Accounts of the Eligible Customers within 10 weeks without any notification.

(iii) Only customers whose BOC Credit Card Accounts are valid and in good standing throughout the entire

Promotion Period and at the time the Rewards Gift Points are rewarded will be eligible. In the event of

termination of a credit card account, violation of the Card User Agreement or have overdue / bad records during

the relevant promotions or at the time the Rewards Gift Points are being awarded, will not be eligible for the

Rewards Gift Points Offer.

(iv) Rewards Gift Points cannot be redeemed for cash or exchanged for other products or services, and cannot be

transferred. The above terms should be read in conjunction with those contained in the latest issue of “BOC

Credit Card Gift Point Catalogue”.

The Premium Discount Offer for the Plan is offered by BOCG Insurance and BOCHK, while the Rewards Gift Points

Offer is provided by the Card Company.

Important Notes of BOC Medical Comprehensive Protection Plan (Series 1) and “Universal Smart Travel

Insurance Plan” (“General Insurance Plan”):

General Insurance Plan is underwritten by BOCG Insurance.

BOCHK is an appointed insurance agent of BOCG Insurance for distribution of General Insurance Plan. General

Insurance Plan is a product of BOCG Insurance but not BOCHK.

In respect of an 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 BOCHK and the customer out of the selling

process or processing of the related transaction, BOCHK is required to enter into a Financial Dispute Resolution

Scheme process with the customer; however any dispute over the contractual terms of General Insurance Plan

should be resolved between directly BOCG Insurance and the customer.

BOCG Insurance is authorized and regulated by Office of the Commissioner of Insurance to carry on general

insurance business in the Hong Kong Special Administrative Region of the People's Republic of China.

BOCG Insurance reserves the sole right to determine whether any application for General Insurance Plan is

acceptable or not in accordance with the information submitted at the time of application by the insured and/or

insured person.

BOCHK and/or BOCG Insurance reserve the right to amend, suspend and terminate General Insurance Plan, and

to amend the relevant terms and conditions. In case of any dispute(s), the decision of BOCHK and/or BOCG

Insurance shall be final.

Details of the coverage of General Insurance Plan are subject to the terms and conditions stipulated in the policy by

BOCG Insurance. Please refer to the policy document for the details of the insured items and coverage, provisions

and exclusions. Should there be any discrepancy between the Chinese and English versions of this promotion

material, the Chinese version shall prevail.

This promotion material is issued by BOCHK.

This promotion material is for reference only and is intended to be distributed in Hong Kong only. It shall not be

construed as any offer to sell or a solicitation of an offer or recommendation to purchase or sale or provision of any

products of BOCG Insurance outside Hong Kong. Please refer to the policy documents and provisions issued by

BOCG Insurance for details (including detailed terms, conditions, exclusions, policy costs and fees) of General

Insurance Plan. For enquiry, please contact the branch staff of BOCHK.

General Terms:

The above offers are only applicable to personal banking customers.

BOCHK reserves the right of approval on the application for any credit facilities and mortgage at its absolute

discretion. BOCHK shall have the right to decide whether to accept / decline any application taking into

consideration of the credit reports of the applicants and any information provided by the applicants. BOCHK is not

obliged to give any reason in case any application is declined. BOCHK also reserves the right to request further

documents from the applicants for the purpose of evaluation if necessary. The credit facilities and mortgage will be

governed by the facility letter signed between the loan applicants and BOCHK.

BOCHK’s records of the application date, approval date, drawdown date, drawdown amount and account for loan

drawdown / loan repayment of all loan applications are conclusive.

The above offers cannot be used in conjunction with other promotion offers that are not listed in this promotion

material. (Life Insurance product offer are excluded)

The above products, services and offers are subject to the relevant terms. For details, please contact our branch

staff.

BOCHK reserve the right to amend, suspend or terminate the above products, services and offers and to amend the

relevant terms at any time at their sole discretion without prior notice.

In case of any disputes, the decision of BOCHK and/or BOC Life (applicable to “Life Insurance Offer” ) shall be final

and conclusive.

Should there be any discrepancy between the Chinese version and English version of this promotion material, the

Chinese version shall prevail.

The above offers are not applicable to the staff of the Bank and its subsidiaries.

The offers’ quantity is limited while stock lasts. (Life Insurance product offer are excluded).