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"ZA Perks" refers to the User Level Privileges Programme, an exclusive privilege programme offered by ZA Bank to eligible customers. Eligible customers' corresponding user level (Lv 1 / Lv 2) will be assessed and determined based on their 30-day Average Daily Total Balance, and they shall be entitled to the respective privileges. User Level Privileges Programme is subject to its terms and conditions.

^ "Total Balance" means the sum of the following 5 items in the customer’s ZA Bank Account (in HKD equivalent), and excludes any balance or assets in the Dedicated Investment Account of the Cross-boundary Wealth Management Connect Southbound Scheme (if applicable): (1) the day-end total deposit balance (including the total amount of savings, Savings Pots and time deposits); (2) the day-end total fund assets; (3) the total US stock assets at 9:00 p.m. of the day; (4) the day-end total HK stock assets; and (5) the day-end total crypto assets.

* "30-day Average Daily Total Balance" means the amount obtained by dividing the sum of the day-end Total Balance for each of the 30 consecutive calendar days preceding each assessment day by 30. For the avoidance of doubt, the Total Balance on the assessment day itself is not included in the calculation of the 30-day Average Daily Total Balance. If the customer has held a valid ZA Bank Account for less than 30 calendar days, the Average Daily Total Balance shall still be calculated on a 30 calendar-day basis, by dividing the sum of the day-end Total Balance for each day from the date of successful account opening to the day before the relevant assessment day by 30.

1. According to the Fees and Charges Guide for Investment Services, the brokerage fee or commission for trading Hong Kong stocks, US stocks, and cryptocurrencies is 0. Crypto trading services are only available to HKID holders whose bank account registered address is in Hong Kong.

2. The fund subscription fees for Standard, Lv 1 and Lv 2 users apply to all fund subscription orders (including subscriptions through a Regular Investment Scheme). For standard users, the fund subscription fee offers are subject to the terms and conditions of the fund service fee promotional offers. If a user is entitled to other promotional offers provided by ZA Bank in respect of investment fund services, the user may only be entitled to receive the offer with the most favourable terms at ZA Bank’s discretion.

3. If a user is entitled to other promotional offers provided by ZA Bank in respect of Crypto trading services, the user may only be entitled to receive the offer with the most favourable terms at ZA Bank’s discretion.

4. For the first 5 stock trades each month conducted by Lv 2 users, the platform fee will first be charged at the standard rate by the system. Within 5 business days after completion of the trade, the difference between the standard platform fee and the preferential platform fee will be returned in cash to the user’s USD or HKD savings account. This privilege does not apply to Regular-Invest transactions in US or HK stocks. If a user is entitled to other promotional offers provided by ZA Bank in respect of US Stocks or HK Stocks trading services, the user may only be entitled to receive the offer with the most favourable terms at ZA Bank’s discretion. If the relevant trade has already enjoyed a platform fee offer under another promotion, including Regular-Invest transactions in US or HK stocks, it will not count towards the quota of 5 preferential trades under this privilege. The stock platform fee privileges are determined based on the order execution date, not the settlement date. For example, if an order is executed on 31 August, even if it is settled in September, the trade will be regarded as an August trade for the purpose of this privilege and will be deducted from the number of platform fee offer trades available for August. For an order that is executed in multiple fills, the platform fee privilege will be determined based on the date corresponding to the final execution time of that order. For example, if an order is partially executed on 31 August and the final execution takes place on 1 September, the trade will be regarded as a September trade for the purpose of this privilege and will be deducted from the number of platform fee offer trades available for September.

5. ZA Credit is a revolving loan that can be used for ZA Card spending with the approved credit limit. To borrow or not to borrow? Borrow only if you can repay!

6. Lv 1 and Lv 2 users can enjoy exclusive offers at selected merchants every month. Offers are updated from time to time. For details, please refer to the ZA Bank App.

7. Only applicable to non-Hong Kong correspondence addresses. Each user can only be entitled to the physical debit card mailing charge waiver once after becoming a Lv 2 user. If a user has already used this privilege, he / she will not be entitled to this privilege again, even if he / she subsequently qualifies for the corresponding user level.

8. Waives HKD 50 per transaction for the first 3 overseas cash withdrawals from the day of successful upgrade to Lv 2 to the end of that calendar month, and the first 3 overseas cash withdrawals in each subsequent calendar month.

9. ZA Card users who have selected the "StockBack x ZA Card" rebate program will be entitled to one "StockBack x ZA Card" chance for each eligible transaction with the transaction amount of no less than HKD 10. Terms and Conditions apply. For each StockBack Chance, the amount of the stock rebate selected by the user from the StockBack machine will be equivalent to 1.5% of the transaction amount. "StockBack x ZA Card" Limited-time Promotion is subject to its terms and conditions. After activating ZA Credit, users can enjoy 0.5% extra stock rebate on eligible transaction. Extra stock rebates from "StockBack x ZA Card" and doubled rebates from "PowerDraw x ZA Card" will be awarded on the first HKD 30,000 of eligible transactions in total per calendar month. Terms and Conditions apply. To borrow or not to borrow? Borrow only if you can repay! If a user simultaneously meets the conditions of multiple extra rebate campaigns, the relevant extra rebates may be accumulated according to their applicable conditions, subject to the terms and conditions of each extra rebate campaign.

10. The first HKD 10,000 eligible transactions from the day of successful upgrade to Lv 2 to the end of that calendar month, and the first HKD 10,000 eligible transactions in each subsequent calendar month, are entitled to a 1% extra stock rebate.

11. Standard and Lv 1 users are not entitled to any protection amount, it will be subject to the final dispute result. Lv 2 users can enjoy a maximum protection amount of HKD 50,000 per month, which only covers online transactions made while this user level is in effect; processing time: within 10 days after merchant's settlement, refund dispute amount in advance upon successful preliminary review. The Express Dispute Protection Service is subject to its terms and conditions.

12. The High-Rate Pot is a savings sub-account. The savings deposit in the savings sub-account is eligible for protection under the Deposit Protection Scheme in Hong Kong. The interest rate on the High-Rate Pot includes the basic interest rate and the Reward Rate. The High-Rate Pot is subject to its Terms and Conditions. The reward rates apply to the balance at or below the designated amount of eligible deposit in the High-Rate Pot, any excess balance will be calculated according to the basic interest rate. The basic interest rate is the HKD savings basic interest rate of 0.01% p.a.; the basic interest rate is subject to adjustment from time to time, and the latest interest rate information can be found on the ZA Bank official website bank.za.group.

13. The Chill Pot is a savings sub-account. The savings deposit in the savings sub-account is eligible for protection under the Deposit Protection Scheme in Hong Kong. Deposits above HKD 1,000,000 in the Chill Pot will accrue at the basic interest rate. The basic interest rate is the HKD savings basic interest rate of 0.01% p.a.; the basic interest rate is subject to adjustment from time to time, and the latest interest rate information can be found on the ZA Bank official website bank.za.group.

14. For 7-day FX Time Deposits opened via the Foreign Exchange Time Deposit promotion page, the interest rate for USD is 17% p.a., while the interest rate for all other currencies is 20% p.a. The extra interest rate applies to 7-day Foreign Exchange Time Deposits opened via the Foreign Exchange Time Deposit promotion page. During the Foreign Exchange Time Deposit promotion period, users may enjoy the Foreign Exchange Time Deposit annual interest rate displayed on the promotion page, which includes the basic annual interest rate, the preferential annual interest rate and the additional annual interest rate. The applicable amount range, currency and deposit period of the Foreign Exchange Time Deposit annual interest rate are subject to the content displayed on the promotion page, and are subject to its terms and conditions.

15. Standard and Lv 1 users who receive 4 Rate-up Coupons from the "Rate-up Tuesday" promotion may tap "Boost" on one of the Rate-up Coupons, then follow the instructions in the ZA Bank App to share their unique referral link with friends and invite friends to complete the specified operations. With their friends' help progress reaches 100% by Tuesday, the user will obtain the Extra Rate-up Coupon. Lv 2 users who receive 4 Rate-up Coupons from the "Rate-up Tuesday" promotion may tap "Boost" on one of the Rate-up Coupons and receive the Extra Rate-up Coupon without inviting friends to complete any specified actions. The "Rate-up Tuesday" promotion is subject to its terms and conditions.

16. For standard users, if 10 or more transactions fail within a calendar month due to insufficient balance in your savings account (including scheduled/recurring fund transfers, fund transfers via electronic direct debit authorization (eDDA), cash withdrawals, and ZA Card transactions), a fee of HKD 120 will be applied once in that calendar month. Failed transactions due to insufficient balance at Lv 1 or Lv 2 will not be included in the calculation of the Insufficient Balance Handling Fee. When calculating the Insufficient Balance Handling Fee, only failed transactions due to insufficient balance incurred during periods in which the user is not at Lv 1 or Lv 2 within the same calendar month will be counted. If 10 or more such failed transactions are recorded in the calendar month, the user will still be charged the Insufficient Balance Handling Fee, even if the user upgraded to Lv 1 or Lv 2 during that month and was otherwise eligible for the fee waiver.

17. Please note: 1) Outward remittances via SWIFT may be subject to fees charged by other banks or related institutions (e.g., correspondent banks, intermediary banks, settlement institutions, and/or the beneficiary bank). These fees may be deducted directly from the remittance amount or debited from your account, and the actual charging method may differ from your selected option. 2) If you choose to bear the charges, ZA Bank may collect a non-refundable upfront fee when processing the remittance. The amount is set (without prior notice) with reference to the charging records of other banks or related institutions and the amount shown in the ZA Bank App at the time of remittance prevails. If actual fees exceed the upfront fee, ZA Bank may debit the shortfall from you. 3) If remittance details are incorrect, incomplete or unclear, additional fees may be charged by other banks or related institutions for amendment or processing.

18. Waives HKD 70 per transfer for the first 3 global transfers via SWIFT from the day of successful upgrade to Lv 1 to the end of that calendar month, and the first 3 global transfers via SWIFT in each subsequent calendar month.

19. Waives HKD 70 per global transfer via SWIFT from the day of successful upgrade to Lv 2.

20. The Lv 2 user will receive 3 HKD 50 Global Transfer Cashback Coupons in each calendar month. Complete a single global transfer of at least HKD 20,000 (i.e. the global transfer is successfully sent without refund) with the coupon to enjoy cashback. The Global Transfer Cashback Coupon is subject to its terms and conditions.

21. When a user subscribes to USD funds via the ZA Bank App and selects "HKD Savings" under the debit method to pay after currency exchange conversion, the relevant FX transaction is entitled to the FX spread discount. If a user conducts currency exchange separately via the "Currency Exchange" page on the ZA Bank App or through any other channels, they will not be eligible for this discount. The applicable to this discount shall be subject to what is displayed on the App page. FX rates are real-time and subject to change at any time; the final applicable rate will be the rate at the time of the actual transaction.

22. Priority access is available only after the system has successfully recognised the customer’s Lv 2 user level eligibility.

23. Users who are on a limited-time trial of Lv 2 are not eligible to enjoy this Privilege. This Privileges Trial Pass can be given to other ZA Bank users. The Privileges Trial Pass is only available to users holding a valid ZA Bank account. It is one of the promotion methods under ZA Perks Promotion and is subject to its terms and conditions. At any given time, each user may enjoy only one User Level or one limited-time trial eligibility. This Privileges Trial Pass cannot be activated if the user is currently at that user level or above, is currently enjoying a limited-time trial at that user level or above, or has already enjoyed a limited-time trial at that user level in the same calendar year.

Important risk statement
Investment involves risks. The price of investment products may fluctuate or even become worthless. Past performance is not an indicator of future performance. Losses may be incurred rather than making a profit as a result of investment. The information in this platform is for reference only and does not constitute and should not be regarded as any recommendation, offer or solicitation to purchase or sell any investment products. You should carefully and independently consider whether the investment products are suitable for you in light of your investment experience, objectives, financial position and risk profile. Independent professional advice should be obtained if necessary. Please read the relevant terms and conditions together with the offering document and risk disclosure statements of the investment product before making any investment decisions. The information in this platform has not been reviewed by SFC or any regulatory authority in Hong Kong. ZA Bank is acting as your agent to handle the transaction. The investment product is provided by a third-party but not ZA Bank. In respect of eligible dispute (as defined in the terms of reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) out of the selling process or processing of the related transaction, ZA Bank will enter a Financial Dispute Resolution Scheme process with you. However, any disputes over the contractual terms of the product should be resolved directly between you and the third-party product issuer. The platform is not intended for distribution or use by any person in any jurisdiction, country or region where the distribution or use of this material is restricted and would not be permitted by law or regulation. If you are outside of Hong Kong, we may not be authorised to offer or provide you with the products and services available in the country or region where you are located or resident.

Investment involves risks. Virtual asset is a new asset class and developed on the basis of new technology, involving unanticipated risks associated with acquisition, storage, transfer and use. Prices of virtual assets could be highly volatile and investors are reminded to pay extra caution when deciding to invest in virtual assets. The price of virtual assets may fluctuate or even become worthless. Past performance is not an indicator of future performance. Losses may be incurred rather than making a profit as a result of investment. The information in this platform is for reference only and does not constitute and should not be regarded as any recommendation, offer or solicitation to purchase or sell any investment products. You should carefully and independently consider whether the investment products are suitable for you in light of your investment experience, objectives, financial position and risk profile. Independent professional advice should be obtained if necessary. Please read the relevant terms and conditions together with risk disclosure statements before making any investment decisions. In respect of eligible dispute (as defined in the terms of reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) out of the selling process or processing of the related transaction, ZA Bank will enter a Financial Dispute Resolution Scheme process with you. The platform is not intended for distribution or use by any person in any jurisdiction, country or region where the distribution or use of this material is restricted and would not be permitted by law or regulation. If you are outside of Hong Kong, we may not be authorised to offer or provide you with the products and services available in the country or region where you are located or resident. Foreign exchange involves risks. Fluctuation in the exchange rate of a foreign currency may result in gains or losses if the customer converts the deposit from one currency to another currency (including the Hong Kong Dollar). RMB Currency Risk: The Renminbi (“RMB”) exchange rate, like any other currency, is affected by a wide range of factors and is subject to fluctuations. Such fluctuations may result in gains and losses in the event that the customer subsequently converts RMB to another currency (including the Hong Kong dollar); and RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to relevant policies, regulatory requirements and restrictions applicable from time to time without prior notice. The actual conversion arrangement will depend on the restrictions and requirements prevailing at the relevant time. The real-time currency exchange service is available 24/7 via ZA Bank App except during system maintenance hours and under special circumstances.