*The above preferential fixed deposit interest rates (p.a.) are based on the interest rates (p.a.) announced by the Bank as of 3 March 2025 and for reference only. The interest rates maybe subject to revision as per prevailing market conditions. Deposits in different currencies, tenors, amounts and customer types will have different preferential time deposit interest rates. The Bank will confirm and advise you the final applicable interest rate at the time when the time deposit is placed.

“ICBC (Asia)” and “the Bank”refer to Industrial and Commercial Bank of China (Asia) Limited.

Terms and conditions apply. For details, please visit any of the Bank’s branches or call the Customer Service Hotline on 218 95588.

Terms and Conditions:

The promotion period (the “Promotion Period”) is from 3 March 2025 to 31 March 2025 (both dates inclusive).

The HKD New Funds Time Deposit Promotion for New Customers (the “Offer”) is applicable to the retail banking personal customers of Industrial and Commercial Bank of China (Asia) Limited (the “Bank” or “ICBC (Asia)”) who set up a time deposit in the specified amount with a designated tenor (as shown in the above table) at branches during the Promotion Period.

During the Promotion Period, New Customers who open an Integrated/E-Age/Elite Club/Wise Gold account with New Funds in the specified amount with a designated tenor (as shown in the above table) can enjoy the Offer.

Existing Cutomers who upgrade to Wise Gold account during the Promotion Period can enjoy the Offer.

The minimum deposit amount is HKD1,500,000 for the new Wise Gold account, and the aggregated deposit amount in the month of account opening is in maximum of HKD3,000,000.

The minimum deposit amount is HKD100,000 for existing customer who upgrades to Wise Gold account, and the aggregated deposit amount in the month of account opening is in maximum of HKD1,500,000.

The minimum deposit amount is HKD100,000 for the new Integrated/E-Age/Elite Club account, and the aggregated deposit amount in the month of account opening is in maximum of HKD800,000.

The Offer cannot be used in conjunction with Mobile Banking “New Customer Account Opening” Preferential Interest Rate promotion offers.

“New Customers” must not maintain any account or any banking products or services in sole name or joint name (excluding Credit Card Account) with the Bank in the past 12 months and must not be a staff of the bank.

“Existing Customer” refers to customer who holds deposit account (in sole name or joint name) at the Bank. The Bank reserves the final right to interpret the definition of Existing Customer.

“New Funds” refers to: (i) funds newly deposited into the Bank from other banks via cash, cheque, cashier’s order, local bank transfer payment through Real Time Gross Settlement (RTGS, also known as Clearing House Automated Transfer System (CHATs), transfer through Faster Payment System (FPS) or telegraphic transfer from other banks, and/or (ii) same currency refund from stock/certificate of deposit/bond/IPO or maturity redemptions proceeds having first been credited into your deposit account (including refunds in all currencies acceptable to the Bank from stock/certificate of deposit/bond/IPO or maturity redemptions proceeds having first been credited into your deposit account and converted to designated currency). Funds that are deposited via cashier’s order/cheques and transfers/remitted from other accounts within the Bank will not be considered as “New Funds”. In case of disputes, the Bank has the sole discretion and final decision to determine the definition of “New Funds”.

The preferential interest rate as referred to the above table is based on the interest rates (p.a.) announced by the Bank as of 3 March 2025 and is for reference only. The interest rates maybe subject to revision as per prevailing market conditions. Deposits in different currencies, tenors, amounts and customer types will have different preferential time deposit interest rates. The Bank will confirm and advise you the final applicable interest rate at the time when the time deposit is placed.

The time deposit NOT exceeding a term of five years is a deposit qualified for protection by the Deposit Protection Scheme in Hong Kong.

Any person or entity that is not a party to these Terms and Conditions shall have no rights under the Contracts (Rights of Third Parties) Ordinance (Cap. 623) to enforce any part of these Terms and Conditions.

The Bank reserves the right to vary the Offer and/or these Terms and Conditions, or to terminate the Offer at its absolute discretion.

In case of dispute, the decision of the Bank shall be final and conclusive.

In case of any discrepancy between the English and Chinese versions of these Terms and Conditions, the English version shall apply and prevail.

Foreign Exchange Risk Disclosure:

Currency conversion risk - the value of your foreign currency will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency to other currencies at an exchange rate that is less favourable than the exchange rate in which you made your original conversion to foreign currency, you may suffer loss in principal.

Risks relating to RMB:

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.

Reminder: “Don’t lend or sell your account. Don’t risk your future for quick money.”