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Notice of Change of Account Terms and Conditions
 

Our Account Terms and Conditions (“Account Terms”) will be changed from 17 May 2018 onwards. A summary of the material changes are as follows. Customers are advised to visit our website for details or ask for a copy of the new Account Terms from any of our branches:

New Section A Clause 6D Joint Accounts maintained with a Minor below 16 years old are subject to the following conditions:
 - Account must be held jointly with the Parent of the Minor.
 - Account shall be operated singly by the Parent until the Minor attains the full age of 16 years old. After the Minor attains the full age of 16 years old, both account holders can operate the joint account either jointly or singly.
 - The Bank shall act in accordance to the signing mandate of the account, and the Bank will not be responsible for any loss or delay as a result of acting strictly in accordance to the latest signing mandate in our record.
 - The Bank reserves the right to determine the types of services available to the joint account and may impose restrictions and changes to the use of the services from time to time.
Unless otherwise agreed by the Bank, any account whereby the account holder is no more than 18 years cannot be assigned, pledged or charged whether as security or otherwise.
Revised Section E Clause 6 Unless otherwise expressly requested by the Customer and agreed by the Bank, the maturity date of any Time Deposit due to mature on a public holiday will be adjusted to the following Business Day (the “Adjusted Date”). In the event of any inconsistency between the maturity date indicated on your deposit advice and the Adjusted Date, the Adjusted Date will prevail.
Revised Section J Clause 9 The Bank may make available to the Customer the use of Electronic Services. The customer’s subscription to these Electronic Services shall be taken as their acceptance of the applicable terms and conditions. In the event of any inconsistency between the Account Terms and the respective terms and conditions of the Electronic Services, the terms and conditions of the respective Electronic Services shall prevail.
This Notice is computer generated and does not require signature.