Terms and conditions (“T&Cs”) of ZA Bank x Planto - Account Opening Offer

1.  The ZA Bank x Planto – Account Opening Offer Program (“Program”) consists of two offers:

	Option 1 Cash Rewards (Enter PLT200)	Option 2 Rate-up Coupon (Enter PLT300)
Customer successfully open an account at ZA Bank	HKD200	+3.0% HKD 3-month rate-up coupon (Maximum deposit amount: HKD50,000)

2.  To be eligible for the Offer, the participants (“Eligible Customers”)

  2.1  have never opened any bank account with ZA Bank;

3.  The program period is from 5th Nov 2020 to 30th April 2021 (both days inclusive) (“Promotion Period”).

4.  During the Promotion Period, Eligible Customers who meet the below requirements and use the invitation code under Clause 1 for account opening will receive cash rewards or rate-up coupon:

  4.1  Eligible Customers shall open bank account with ZA Bank in the Promotion Period; and

  4.2  Eligible Customers shall submit an account opening application with the invitation code; and

  4.3  Only one Invitation code can be used by each customer; and

  4.4  Eligible Customers who have not opened any bank account with ZA Bank; and

  4.5  Eligible Customers shall pass internal review for account opening with ZA Bank

5.  The Invitation Code shall be valid within the Promotion Period. No Invitation Code will be re-issued after expiry.

6.  Within 3 working days of the successful opening a bank account and passing internal review for account opening with ZA Bank, cash reward under Clause 4 above will be credited to the account of Eligible Customers.

7.  Eligible Customers who choose to receive rate-up coupon under Clause 4 above:

  7.1  Will receive a Rate-up Coupon in the ZA Bank account.

  7.2  The Rate-up Coupon applies a promotional interest rate to time deposits placed by the Eligible Customers in their ZA Bank account. The additional interest rate per annum is specified on the Rate-up Coupon and is applied on top of ZA Bank’s basic time deposit annual interest rate.

  7.3  The maturity period to be entitled for the Rate-up Coupon is 3-month.

  7.4  The Rate-up Coupon shall expire after 15 days from the date of the Successful Account Opening. No Rate-up Coupon will be reissued after expiry.

  7.5  The Rate-up Coupon can be used once only and cannot be transferred to others, converted to cash or other products or used with other vouchers.

8.  All rewards cannot be transferred, returned, exchanged or converted into other form, unless otherwise specified.

9.  ZA Bank reserves the right to adjust, withdraw or cancel the Offer or reward, and to amend or revise any of these T&Cs from time to time without prior notice and without assigning any reasons whatsoever. The Eligible Customers will be subject to these T&Cs in force at the time of applying to ZA Bank for account opening during the Promotion Period.

10.  In case of any ambiguity, doubts or disputes arising out of or under any of these terms and conditions or any communications, the decision of ZA Bank is final and conclusive in all circumstances without assigning any reasons whatsoever and no correspondence will be entered into.

11.  These T&Cs are governed in all respects by and construed in accordance with the laws of the Hong Kong Special Administrative Region. The parties submit to the jurisdiction of the courts of the Hong Kong Special Administrative Region.

12.  These T&Cs should be read in conjunction with ZA Bank’s General Terms and Conditions. If there are any inconsistencies between the General Terms and Conditions and the terms herein, the General Terms and Conditions shall prevail.

13.  No other than the Eligible Customers and ZA Bank (includes its successors and assigns) will have any right under the Contracts (Right of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these T&Cs.

14.  In the event of any discrepancies or inconsistencies between the English and Chinese versions of these T&Cs, the English version shall prevail.