HSBC Premier Welcome Offer: Time Deposit Promotion ("Promotion")

1. The promotion validity period ("Promotional Period") applicable to each new HSBC Premier customer based on the date of successful enrolment for HSBC Premier is set out as follows.

HSBC Premier Enrolment Period Promotion Period
9 - 31 July 2010 9 July 2010 - 31 October 2010
1 - 31 August 2010 1 August 2010 - 30 November 2010
1 - 30 September 2010 1 September 2010 - 31 December 2010
1 - 8 October 2010 1 October 2010 - 8 January 2011

2. The promotional time deposit interest rate ("Promotional rate") is only applicable to Australian Dollar/New Zealand Dollar (Eligible Currencies) Time Deposit of 1-month, 2-month and 3-month tenors (Eligible Tenors), or such other tenor(s) as the Bank may at its sole discretion accept for placement under this Promotion.
3. The Promotional rate for the Australian Dollar Time Deposit ("AUD TMD") and New Zealand Dollar Time Deposit ("NZD TMD") is 0.75%p.a. above prevailing HSBC Premier board rates.
4. "T" being the placement date of the deposit, AUD TMD and NZD TMD will be valued on (T + 1) business day.
5. To enjoy the Promotional rate, the minimum placement amount is $25,000 and in multiples of $1,000 thereafter, in respective currencies. The maximum placement amount is $200,000 in respective currencies.
6. All deposits must be made during the Promotional Period with fresh funds only using non-HSBC cheque(s) and/or cashier's order(s). Transfers from existing HSBC bank deposit accounts or via HSBC cheques, cashier's orders or demand drafts are not permitted.
7. Each HSBC Premier customer is only entitled to one TMD placement under this Promotion. For joint accounts opened under this Promotion, joint accountholders will not be eligible to make a second placement (regardless if it is in the capacity of a personal or joint accountholders) under this Promotion.
8. There may be a gain or loss when you convert foreign currency. Customers are advised to make independent judgment with respect to any matter contained herein.
9. No interest (whether at the Promotional rate or otherwise) will be payable on the deposit if deposit placement is not held to maturity.
10. Upon maturity of the time deposit placement(s), the principal and interest amounts will renew at the Bank's prevailing time deposit board rates for the respective tenors, unless other maturity instructions are provided by the account holder.
11. This Promotion is not valid with other offers or promotions unless otherwise stated.
12. The Promotional rate are subject to change without prior notice. Please visit any of our HSBC Premier Centres or contact us at 1800 - 227 8889 for the latest Promotional rate.
13. Only personal individual accounts are eligible. Terms and conditions governing personal deposit accounts will apply.
14. HSBC may, at its discretion, vary, delete or add to any of these Terms and Conditions, including but not limited to varying the Promotional Period, Promotional rate, Eligible Tenor and Eligible Currencies, or withdraw this Promotion at any time without notice or assuming any liability to any customers.
15. On 16 October 2008, it was announced that the Singapore Government will offer protection under a guarantee of up to S$150 billion for all Singapore dollar and foreign currency deposits of individuals and non-bank customers in banks, finance companies and merchant banks licensed by the Monetary Authority of Singapore. This guarantee will remain in place until 31 December 2010. Media reports have stated that the Singapore Government guarantee does not cover structured deposits and pledged deposits. Accordingly, dual currency investments, structured deposits and deposits which are pledged, charged or secured as collateral are not covered by this guarantee.
16. Under the provisions of the Deposit Insurance Act 2005 (the "Act"), Singapore dollar denominated deposits or charities with HSBC held by individual depositors or charities will be insured by the Singapore Deposit Insurance Corporation Limited for up to the limit specified in the Act.

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