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21 December 2023
Dear Valued Customers,
Notice of Amendment to “Industrial and Commercial Bank of China (Asia) Limited Master Terms and Conditions – Investment Products”
Industrial and Commercial Bank of China (Asia) Limited (“We” or the “Bank”) would like to notify you the amendments to its Master Terms and Conditions (“Master Terms and Conditions”) will take effect from 29 January 2024 (the “Effective Date”). The amendments to the Master Terms and Conditions are set out in the Annex to this Notice.
The amendments are highlighted as follow:
(i) Addition of clauses 3.13, 3.14, 3.15, 3.16
(ii) Schedule 2 – IPO subscription (loan)
Revise of clause 1
(iii) Schedule 3 – Securities savings plan
Addition of clauses 9,10
(iv) Schedule 4 – FX & Precious Metal Trading / Margin FX and Precious Metal Trading / FX & Currency Options / Margin Gold Option Trading
- Addition of clauses Schedule 4, Section A 1
- Addition of clauses Section B
- Delete of clauses Section B 1
- Addition of clauses Section B3.2, (e), (f)
- Delete of clauses Section C1
- Addition of clauses Section C 1.4
- Delete of clauses Section C 3 & 4
- Delete of classes Section C 5 (a), (b), (c), 7, and 10.1, 10.2, 10.3, 10.4, 10.6
- Addition of clauses Appendix 1 E
- Delete of clauses Appendix 1 F 1 (f) & (i)
- Addition of clauses Appendix1 F1
- Addition of clauses Appendix 1 F2
- Addition of clauses Appendix 3
Please note that the amended Master Terms and Conditions shall be binding on you if you continue to maintain any account with the Bank and use the Bank’s services on or after the Effective Date. If you do not wish to accept the above amendments, please notify us before the Effective Date. We may however not be able to continue providing the services contemplated under the amended Master Terms and Conditions.
You may obtain a copy of the amended Master Terms and Conditions on our website or at any of our branches on or after the Effective Date. For enquiry, please contact our staff or call our Customer Services hotline for enquiry at (852) 218 95588.
Industrial and Commercial Bank of China (Asia) Limited