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Notice Regarding BOC Foreign Exchange Investment and Trading Competition

2016-09-26

Dear Customers,

Thanks for your continued support for Bank of China Macau Branch. To express our sincere gratitude, we have decided to hold a “BOC Foreign Exchange Investment and Trading Competition” from October 2016 to December 2016. Customers who trade with “BOC Foreign Exchange Margin Trading Service” (hereinafter “Foreign Exchange Margin”) during this period will become participants automatically.

The competition provides plentiful prizes for the top three in “Total Earning” and the top three in “Total Trading Volume” according to the trading record. These six prizes are worth MOP 180,000 in total. All customers have the opportunity to win as long as they keep trading “Foreign Exchange Margin” as always.

For terms and details of the competition, please refer to “Terms and Conditions for the Bank of China Macau Branch Foreign Exchange Trading Competition”.

Sincerely,

Bank of China Macau Branch
September 26, 2016

Attachment:

Terms and Conditions for the“Bank of China Macau Branch Foreign Exchange Trading Competition”

To express our sincere gratitude to our customers for their continued support, Bank of China Macau Branch will hold theBank of China Macau Branch Foreign Exchange Trading Competition from October 2016 to December 2016.

There will be six prizes in the competition: Top 3 total profit and Top 3 total trading volume. Participants will be ranked according to their profit and trading volume during the competition.

Disclaimer:

※ The term “date” stated in this Terms and Conditions generally refers to the accounting date defined by our system. The time after daily closing of our bank system (generally 10:00 pm local time) will be recognized as the next accounting date and the banking holiday will be considered the same accounting date as next business day.    

※ The trading time recorded by our bank system shall prevail and it is based on local time in Macau (The contest will start immediately after the accounting date “ 30th Sep” ends and when our system resets an new accounting date).

※ Any disputes about the date and time will be explained by our bank following the principle of integrity and are subjected to the final decision of our bank.

Article 1  Competition Period

1st Oct 2016-30th Dec 2016

Article 2 Competition Rules

Only customers who have real accounts in Bank of China Macau Branch marginal foreign exchange trading service (the “BOC MFXT”) are eligible to participate in the competition. All existing BOC MFXT account holders will be automatically considered as participants.

Article 3 Participation Method

All existing BOC MFXT account holders will be automatically entered into the competition. Once the competition begins, the system will record all the trading details and all the participants will be considered as having accepted this Terms and Conditions.

Article 4 Eligible Transactions

The eligible transactions must be submitted through 1) BOC Service Hotline (Wealth Management Service) or 2) BOC MFXT user-end. The transaction time is subject to the trading time recorded by our bank system.

Article 5 Minimum Amount Requirement

The minimum amount requirement is the same as that of the BOC MFXT service. Customers will use their own fund in the BOC MFXT account to make real transactions.

Article 6 Evaluation Criteria

Participants will be ranked according to their profit and trading volume respectively during the competition. The winners will be the top three in total profit and top three in trading volume.

Article 7 Prizes

There will be six prizes in the competition for two categories: Top 3 total profit and Top 3 total trading volume. The prizes will be deposited directly in the winners’ accounts. The total amount of the prizes is MOP180,000. For each category, the first prize is MOP50,000, the second prize is MOP30,000, and the third prize is MOP10,000.

Article 8 Evaluation Method

For each category:

  • Total Profit:

To compare all the participants’ total realized profit during the competition period.

  • Total Trading Volume

To compare all the participants’ total trading volume during the competition period, including both the open and closing position.

Article 9 Assessment

The amount of total profit and total trading volume will be calculated automatically by our bank’s system and the internal records in our system shall prevail. The winners will be determined by the ranking of each category. When the amounts are the same, the account with fewer transaction times during the period wins.

Article 10 Prizes

Prizes in the two categories can be awarded to the same person.

Article 11 Notification and Prize Collection

After the competition, the results will be announced on our bank’s website. (Top 6 of each category will be announced with the latter three considered as waiting list candidates.) Meanwhile, notice will be sent to the prize winners by our bank. Prize winners should register following the instructions designated in the notice. If the customer does not register within the specified period, the customer will be automatically regarded as not participating in the competition. The prize will be given to the next candidate in the waiting list.

Article 12

The notice will be sent to the address saved in the BOC MFXT account. Bank of China Macau Branch is not responsible for any notice delivery failure caused by invalid address, the failure of postal service, natural disasters and force majeure. Winners who have already known the results from the website but are notified by our bank or have already been notified but haven’t received the notice should contact our bank immediately. If it is not our fault, after identity verification and investigation of notification process we will register for prize-winning customers before the deadline designated in the award notice. If the deadline has passed, it will be handled in accordance with Article 11. If it is our fault, we will deal with specific circumstances at our discretion.

Article 13

All prizes will be directly deposited into the winners’ accounts. For the customers who have no MOP account, the prizes will be deposited into USD account according to the day’s retail price. The winners who do not register within 45 days after we send the award notice will be considered as giving up the prize and the prize will be given to the next candidate on the waiting list.

Article 14

If the winners give up the prize and the related prize will be given to the next candidate on the waiting list. It will be handled in accordance with Article 11,12 and13, and we will not announce the competition results again.

Article 15
During the competition period, all participants shall guarantee that the fund used to trade is valid and the participant will take sole responsibility for any losses and gains in the account. All the participants shall understand that the market is volatile as influenced by politics, economics and emergencies. All the participants shall accept that we are not responsible for any risks related to the market fluctuation.

Article 16

The competition does not represent that we think it is an appropriate time to enter the market and it does not constitute any offer to trade. The participant should take full consideration before conducting any trading activities and should determine the suitability of the trading activities in related to personal financial conditions and investment goals.

Article 17

Participants should acknowledge that we, Bank of China Macau Branch, will not assume the responsibility for any losses when trade is interrupted, suspended or abnormal, which are caused by but not limited to tele-communication fault or other emergency incidents that are out of control by manpower and so on.

Article 18

Any employee of Bank of China Macau Branch is not allowed to participate in this competition for the sake of fairness.

Article 19

Bank of China Macau Branch will fulfill our confidentiality obligations according to local supervision authorities when processing customers’ information.

Article 20

Bank of China Macau Branch reserves the right of final explanation of this Terms and Conditions.


Disclaimer:

  • 1. The competition mentioned above does not represents that it is the proper time to enter the market, nor does it constitute the offer to promote any trading activities. Participants ought to think carefully and thoroughly regarding personal financial situation and investment target to make individual judgment on trade.
  • 2. During the competition, all participants should make sure the fund used in this competition is real and are willing to undertake any profit or loss. Participants should acknowledge that the foreign exchange market can be volatile as affected by many facts such as politics, economy and out-break incidents and so on. Bank of China Macau Branch will not assume any responsibility for the risks caused by market fluctuation.
  • 3. In the event of any discrepancy between the Chinese and English versions of these terms and conditions, the Chinese version shall prevail.

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