An extraordinary golden experience
ICBC (Asia) “Elite Club” is an all-in-one integrated account which manages different currencies (i.e. HKD, RMB, USD) and different types of accounts (including saving, cheque, investment, securities, time deposit). Our professional Relationship Managers provide you with maximum convenience in managing your wealth together with excusive privileges, bringing you with prestige lifestyle.
Priority Service Channels
As our distinguished "Elite Club" customers, we have prepared many prior financial services exclusive for you.
- Dedicated Wealth Management Centres
There are wealth management centres with private guest rooms throughout Hong Kong dedicated for “Elite Club” guests. The Centres provide a comfortable and pleasant environment that allows you to completely relax while enjoying our banking services.
- Dedicated Service Counters
To ensure you always receive prompt and personal attention, designated branches have reserved dedicated counters for "Elite Club" customers. Such exclusive access is designed to bring you total convenience in using our services.
- Dedicated Service Hotline
A 24-hour service hotline 276 95588 is set up for you to make enquiry about our banking services anytime.
- Dedicated Relationship Manager
Your designated Relationship Manager will work closely with you to understand your financial goal and develop an in-depth financial plan. He is your trustworthy advisor and is always ready to assist you in making banking and investment decisions, as well as handling all other financial arrangements. You are welcome to contact or make appointments with him for any individualized financial services.
Premier Cross-Border Banking Services
Backed by Industrial and Commercial Bank of China ("ICBC"), and with extensive knowledge of the China market, ICBC (Asia) provides professional and comprehensive Renminbi related products and Mainland related financial services. Thus, you can rest assured of these exclusive professional and privileged services. ICBC (Asia) is your premier bank for cross-border service.
Priority services of Elite Club are also available throughout Mainland. Simply present your "Elite Club" Debit Card at any branch of ICBC to enjoy a range of premium services:
- Private Guest Rooms: available at over 3,000 wealth management centres of Elite Club throughout the Mainland to ensure a superior and comfortable banking experience.
- Priority "Green Passage": you don't have to wait in line and receive service at reserved "Elite Club" priority counters with special "green passage" at over 10,000 branches.
- Privilege on wealth management products subscription.
Professional Account Management Service
With "Elite Club" account, it is not necessary for you to manage various bank accounts. "Elite Club" account 1 is an integrated account tailor-made to provide one-stop services to handle all of your banking needs: from HKD current and savings, multi-currency savings, time deposits, USD current, Renminbi current and savings to investment account. It also provides cheque book, debit card and a monthly consolidated statement that shows all banking transactions and financial status at a glance. This distinctive all-in-one account management service gives you maximum convenience in managing your wealth.
In addition, we offer exclusive banking services for you to enhance the efficiency for account management.
Customers can set instructions for fund transfer between accounts of specified currencies based on your pre-set criteria of exchange rates, balance and transaction frequency. We will execute your instructions once the criteria are met.
- Automatic Sweeping Services2
If your HKD or USD current account is overdrawn or your credit line is exceeded, we will transfer fund automatically from your HKD or USD savings account under the same integrated account to your current account3 in the next business day.
- No-Bounce Cheque / Auto-Pay Protection2
If the available balance of your HKD current account is insufficient to meet your drawing, we will honour the cheque payment or autopay transaction provided that your daily average total liquid assets of the last 3 months equal to HK$200,000 or above and overdraft protection is up to HK$20,000.
When you chose our Auto Standby Line service, we will provide standby overdraft facilities with limit up to HK$5,000,000 according to your fixed deposit amountand will automatically select the lowest standby overdraft interest rate. You may also set your maximum standby limit according to your financial needs.
1. "Elite Club" account is applicable to personal customers only.
2. Interest will be charged.
3. Daily maximum amount of automatic fund transfer is HK$10,000 or US$1,000.
Privileged Fees 4
As an "Elite Club" customer, you will enjoy a range of superior rewards exclusively designed to suit your special needs! Special fee waivers and discounts for banking services can minimize your transaction costs. Preferential interest rates can maximize your return, helping you achieve your goal easily.
- Peferential interest rates on HK Dollar savings and time deposits
- Privileged fees for investment services:
- Preferential brokerage commission
- Custody Fee/ Deposit Charge for Physical Scrip: Waived
- Subscription fee as low as 2% for lump-sum investment
- Annual fee waiver for debit card and credit card perpetually
- Special discounts for banking services: Exclusive discount for general banking services over the counter. For details, please contact our customer service officers.
- Privileges and discounts for Renminbi and mainland-related services
|Withdraw cash with our Debit card via over 90,000 ICBC ATMs on the Mainland
||Service fee waived
|China Taiping Accidental Emergency Medical Insurance Card
||10% discount （Applicable to anyone who holds a Hong Kong Identity Card, Macau Identity Card, Permit for Taiwan Compatriot or Foreign Passport.）
4.The privileges are subject to the Terms and Conditions
Deposits in Current Account and Savings Account and Time Deposits of Elite Club Account / e-Age Banking Account / Integrated Account are deposits qualified for protection by the Deposit Protection Scheme in Hong Kong.
Dedicated Credit Card - ICBC “Elite Club” Mastercard
ICBC “Elite Club” Mastercard is tailor-made for “Elite Club” customers. You can enjoy abundant privileges by applying ICBC “Elite Club” Mastercard Platinum Card. Invited customers can apply ICBC “Elite Club” Mastercard World Card to enjoy an array of World Card offers5.
- MasterCard PricelessTMPrivileges6
Enjoy the selected priceless privileges of dining, shopping, entertainment, travelling, sports, culture and art from Mastercard locally and around the world, which bring excitement to you.
5.Principal card applicant of ICBC “Elite Club” Mastercard World Card and ICBC "Elite Club" Mastercard Platinum Card must be Hong Kong resident over 18 years of age and must hold an integrated account of ICBC (Asia) “Elite Club”. ICBC “Elite Club” Mastercard World Card and ICBC "Elite Club" Mastercard Platinum Card are offered to ICBC (Asia) “Elite Club” customers only. In case of cancellation of the ICBC (Asia) “Elite Club” account, ICBC “Elite Club” Mastercard World Card and / or ICBC "Elite Club" Mastercard Platinum Card will become invalid, and those exclusive offers that can be enjoyed through the card(s) will also be no longer available. (Please note that the ICBC “Elite Club” Mastercard World Card is only available to invited persons to apply.)
6.The service is provided by Mastercard and is subject to the relevant terms and conditions, please refer to the website for details: https://specials.priceless.com/en-hk/homepage. ICBC (Asia) is not responsible for the quality of products and services provided by Mastercard and the participating merchant(s), and the participating merchant(s) will be legally responsible for all products and services. ICBC (Asia), Mastercard and the participating merchant(s) reserve the right to revise the offer and the terms and conditions at any time without prior notice. ICBC (Asia), Mastercard and the participating merchant(s) reserve the right to make the final decision in the event of any dispute.
Reminder: To borrow or not to borrow ? Borrow only if you can repay !
For more ICBC “Elite Club” Mastercard privileges, please click here.
Professional Wealth Management
Helping you achieve your goal is our mission. We are dedicated to understanding your financial need. With a professional investment team and comprehensive investment products, we provide you with professional financial planning service, helping you make wiser decisions and grasping every investment opportunity.
- Professional Financial Review
Periodical review on investment portfolio and the most updated financial information will be provided. We believe this up-to-date information is essential for you to make wise investment decisions.
- Diversified Investment Solutions
There is a wide range of innovative investment products for you to choose from in order to assist you to achieve your financial goals. Products like securities, equity-linked product, currency-linked contract, bonds and funds are all available for you.
- Exclusive Customer Events
To enhance the quality of your life, we organize an inspiring array of customer events for you to enjoy as an "Elite Club" customer. Events such as investment seminars and so on will be specially arranged with your distinctive interest in mind.
Join Now and Enjoy the Superior Wealth Management Privileges! 7
Join "Elite Club" now to experience our superior wealth management services. "Elite Club" is free-of-charge if you maintain daily average total liquid assets 8 of HK$800,000 or above for the last three months. If your daily average total liquid assets fall below HK$800,000, a monthly service fee will be charged based on your daily average total liquid assets for the last 3 months:
|Daily Average Total Liquid Assets of Last 3 Months
||Monthly Service Fee9
|HK$800,000 or above
|HK$500,000 or above - Less than HK$800,000
|Less than HK$500,000
7. The privileges are subject to the Terms and Conditions below.
8. Average Total Liquid Assets refers to the total of your deposits and the market value of investments in all your single and joint name(s) accounts at our Bank. For details, please contact our staff.
9. Monthly service fee will be automatically deducted from your designated settlement account. The Bank reserves the right to terminate your "Elite Club" banking services if monthly service fee cannot be deducted from the designated settlement account.
Click here for valid documents required for account opening.
Descriptive Information for Elite Club Account
General Terms and Conditions:
- The above privileges cannot be used in conjunction with any other promotional offers.
- Industrial and Commercial Bank of China (Asia) Limited (“ICBC (Asia)”/ “the Bank”) reserves the right to vary the privileges and/or these Terms and Conditions, or to cancel the privileges at its absolute discretion at any time without prior notice.
- In case of dispute, the decision of ICBC (Asia) shall be final and conclusive.
- In case of discrepancy between the English and Chinese versions, the English version shall apply and prevail.
- Any person or entity that is not a party to these Terms and Condition shall have no rights under the Contracts (Rights of Third Parties) Ordinance (Cap. 623) to enforce any part of these Terms and Conditions.
Risk Disclosure Statements:
RMB Products: The Chinese Renminbi is currently a restricted currency. Due to the exchange controls and/or restrictions which may be imposed by the PRC government on the convertibility or utilization of RMB from time to time, there is no guarantee that disruption in the transferability, convertibility or liquidity of RMB will not occur. There is thus a likelihood that you may not be able to convert the Chinese Renminbi received into other freely convertible currencies.
Securities and Funds: Investment involves risk and the prices of securities and funds fluctuate. The prices of securities and funds may move up or down, sometimes dramatically, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling investment. Past result should not be taken as indicative of future performance. Before making investment decision, you should thoroughly study the offering documents, the financial reports and relevant risk disclosure statements issued by the issuer of the investment product(s). Further you should consider your own circumstances and financial position to ensure the investments are suitable for your particular investment need. You shall seek independent professional advice on legal, tax and other issues in connection with the investment by using of these services.
Bonds: Bonds are mainly for medium to long term investment, you should be prepared to invest your funds in bonds for the full investment tenor; you could lose part or all of your investment if you choose to sell bonds prior to maturity. You should bear the credit risk of the issuer. The price of bonds may fluctuate and the factors affecting market price of bonds include, but not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling bonds. ICBC (Asia) does not guarantee the existence of secondary market.
Currency-Linked Contract:The returns on currency-linked contract are limited to the predetermined interest amount and will depend on the market conditions prevailing on the determination date. Investment in the currency-linked contract involves the risk of exchange rate fluctuation of the linked currency, leading to the possible loss of some or all of the principal and interest amount. This product is a structured product involving derivatives. Currency Linked Contract is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
Equity Linked Contract / Equity Linked Investment:Equity Linked Contract and Equity Linked Investment are not a protected deposit and are not protected by the Deposit Protection Scheme in Hong Kong. Investment in equity linked product involves substantial risks including market risk, liquidity risk, and the risk that the issuer(s) who will be unable to satisfy its obligations under the equity linked product. Investors should read the relevant offering documents to ensure that they understand the nature of all of these risks before making a decision to invest in equity linked product.
Currency-Linked Contract and Equity Linked Contract (altogether “the Products”): The Products are structured products involving derivatives. The Products are not protected deposit and are not protected by the Deposit Protection Scheme in Hong Kong. The investment decision is yours but you should not invest in the Products unless the intermediary has explained to you that the Product(s) is / are suitable for you having regard to your financial situation, investment experience and investment objectives.
General Insurance Plans: ICBC (Asia) is acting as an insurance agent for the insurance company and is not responsible for any liability under the policies underwritten by the insurance company. The above information is for reference only. Please refer to the policy provision issued by the insurance company for details (including detailed terms, conditions and exclusion) of the insurance plan.
Important Notice: The above risk disclosure statements cannot disclose all the risks involved. Before making investment decision, you should thoroughly study the offering documents, financial reports and relevant risk disclosure statements issued by the issuer of the investment product(s). Further you should consider your own circumstances including financial position, investment experience and objective to ensure the investment is suitable for your particular investment needs and risk tolerance capacity. You should seek independent financial and professional advice before trading or investment. This promotional material does not constitute an offer for the purchase or sales of any investment products. This promotional material is issued by Industrial and Commercial Bank of China (Asia) Limited and the contents have not been reviewed by Securities and Futures Commission of Hong Kong.
Disclosure for Financial Dispute Resolution Scheme: In respect 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 the Bank and the customer out of the selling process or processing of the related transaction, the Bank is required to enter into a Financial Dispute Resolution Scheme process with customer, however, any dispute over the contractual terms of the product should be resolved between directly the third party service provider and the customer.