ICBC (Asia) | Auto-Payroll Service
Auto-Payroll Service
By using ICBC (Asia) account as your salary account and enrolling in our Auto-Payroll Service, you can enjoy a range of upgraded privileges that allow you to flexibly manage your salary and enhance your wealth.
Convert Payroll Account Easy and Simple
- Successfully open a personal account with the bank
- Notice your company regularly credit salary into personal account
- Receive salary by the Auto-Payroll Transaction
As an employee using the Auto-Payroll Service, you will be entitled to the following banking service benefits:
- Elite Club Account
Monthly service fee waiver for "Elite Club" if you maintain daily average Total Liquid Assets (“TLA”) of HK$500,000 or above for the last three months. - Investment
Enjoy Elite Club investment privileges for lump-sum investment fund subscription fee - Card
Annual fee waiver for ATM card - Deposit
Preferential interest rates on HKD time deposit over the counter - Loan
Preferential interest rates on personal loan
Flexible and Convenient Channels to Manage your Finances
We provide you with a variety of flexible and convenient financial management channels, allowing you to enjoy quick and reliable banking services:
- Comprehensive branch network
- Personal Internet Banking
- Mobile Banking
- Phone Banking
- ATM
Apply for Auto-Payroll Service now! Please contact our branch staff for more details.
Deposits in Current Account and Savings Account and Time Deposits NOT exceeding a term of five years of Elite Club Account / e-Age Banking Account / Integrated Account are deposits qualified for protection by the Deposit Protection Scheme in Hong Kong.
Terms and conditions:
The offers are valid from now until further notice.
Customers must have at least one Auto-Payroll Transaction in his/her bank account of Industrial and Commercial Bank of China (Asia) Limited (“ICBC (Asia)”/ “Bank”) during the latest 3 months in order to enjoy the above privileges. If the customer does not have Auto-Payroll Transaction in his/her account for 3 consecutive months, the privileges will be terminated. Auto-Payroll Service refers to the customer’s employer credits customer’s salary into the Auto-Payroll Account in the Bank through the Auto-Payroll Service in the Bank or other banks. Payment by cash, cheque, local electronic payment, standing instructions and pensions are excluded. In case of any dispute, the decision of the Bank shall be final.
Eligible customers can enjoy monthly service fee waiver for "Elite Club" by maintaining daily average Total Liquid Assets (“TLA”) of HK$500,000 or above for the last three months. Average TLA refers to the total 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.
Eligible customers can enjoy the “Elite Club” privileged pricing for lump-sum subscription fee discount for investment fund, please click here.
Eligible customers can enjoy annual fee waiver for ATM card of Elite Club Account / e-Age Banking Account / Integrated Account.
Please contact our branch staff for details of the preferential interest rate for HKD time deposit and personal loan.
All privileges cannot be exchanged for cash.
The above privileges cannot be used in conjunction with any other promotional offers.
ICBC (Asia) reserves the right to amend and/ or terminate the Terms and Conditions of privileges.
In case of dispute, the decision of ICBC (Asia) shall be final and conclusive.
In case of any discrepancy between the English and Chinese versions, the Chinese version shall apply and prevail.
Reminders:
To borrow or not to borrow? Borrow only if you can repay!
Risk Disclosures: Investment involves risks. The prices of investment 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 investment. Past performance of any investment is no guide to its future performance.
The above risk disclosure statements cannot disclose all the risks involved. If you wish to obtain the comprehensive risk disclosure, please approach our branch staff for enquiry.
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 any trading or investment. This promotional material does not constitute an offer or solicitation for the purchase or sales of any investment products. This promotional material is issued by Industrial and Commercial Bank of China (Asia) Limited (the “Bank”) and the contents have not been reviewed by Securities and Futures Commission.
The Bank distributes the fund product for the fund houses and the fund product is a product of fund houses but not that of the Bank. 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 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 the customer; however any dispute over the contractual terms of the fund product should be resolved directly between the fund houses and the customer.
"ICBC (Asia)" or “The Bank” is the abbreviation of Industrial and Commercial Bank of China (Asia) Limited.
