Terms and Conditions for Advisors’ Clique Client Onboarding Reward (the “Campaign”)

  1. This Campaign is valid from 1 April 2022 to 30 June 2022 (both dates inclusive) (“the Campaign Period”).

Reverse Inquiry Codes

  1. Successful applicants who open a new global investment account (“ProsperUs Account”) and who input a unique reverse inquiry code into the referral code field during account opening shall receive cash credit into their ProsperUs Account if they have fulfilled all the requirements stated in the following paragraph. The unique reverse inquiry code will be provided by Advisors’ Clique, a group of financial consultants representing Great Eastern Financial Advisers Private Limited (GEFA). The first 200 successful applicants who sign up for a new ProsperUs Account using the unique reverse inquiry code from the Advisor’s Clique agents will receive SGD150 or SGD300 into their ProsperUs Account subject to, and with reference to the following conditions:
    First funding amount deposited in the ProsperUs Account (“Initial Funding Amount”) Trades execution (on ProsperUs Account) Credit (One-Off)
    SGD 5,000 to SGD9,999 3 buy trades SGD 150
    SGD 10,000 or more SGD 300

    i) Applicants must fund the Initial Funding Amount into their ProsperUs Account during the Campaign Period and must not effect any withdrawal on all or part of this sum for at least 30 calendar days from the date the Initial Funding Amount is deposited (“Holding Period“). For the avoidance of doubt, the use of all or any part of the Initial Funding Amount for payment of trades or purchase of securities via the ProsperUs Account during the Holding Period will not be deemed a withdrawal of the Initial Funding Amount for the purposes of this sub-clause;
    ii) Applicants must execute at least three (3) buy trades using the ProsperUs Account within 30 days upon account opening;
    iii) The three (3) buy trades exclude buy trades of mutual funds, FX and Crypto FX products;
    iv) Only the first 200 successful applicants for a ProsperUs Account who input the reverse inquiry code from Advisor’s Clique agents are eligible to receive SGD150 or SGD300 credit as stated above;
    v) The SGD150 or SGD300 amount, as applicable, will be credited into their ProsperUs Account within twenty-one (21) days after the successful applicant fulfills all the requirements stated above; and
    vi) Benefits from various referral codes are not cumulative. For example, if the successful applicant is among the first 200 applicants that inputs the reverse inquiry code from the Advisor’s Clique agents, he/she will not be able to benefit from any other benefits provided by any other referral codes.

ProsperUs Welcome Pack

  1. As an additional benefit, successful applicants who have signed up with a reverse inquiry code will be rewarded with SGD100 cash credit when they execute a minimum of three (3) buy trades using the same ProsperUs Account, subject to the trading conditions in paragraph 4 (“Eligible Clients”).
  2. To fulfill the trading requirement in paragraph 3 above, all of the following conditions would need to be met:
    a) the three (3) buy trades must be executed within 30 days upon account opening.
    b) the three (3) buy trades exclude any mutual funds, FX and Crypto FX products.
    c) if the client decides to execute any of the (3) buy trades on the Singapore Exchange (“SGX”), a minimum trade value of S$1,000 is required per trade.
  3. CGS-CIMB will endeavour to effect the SGD100 credit into the Eligible Client’s ProsperUs Account within 21 days from the execution date of their 3rd buy trade, but CGS-CIMB shall not be liable to the applicant for any delay in the same nor shall CGS-CIMB be required to compensate the client in respect of any such delays.

Other Terms and Conditions

  1. The credit rewards will be credited into the successful applicant’s ProsperUs Account in Singapore Dollars or equivalent.
  2. All rewards are non-transferable, non-refundable and non-exchangeable for cash, credit, goods, or benefits in kind. CGS-CIMB reserves the right to withdraw the rewards or substitute the reward with other types of rewards (but shall not be under any obligation to do so) without prior notice and without assigning any reason. Although CGS-CIMB shall endeavour to distribute the rewards promptly, this is subject to availability and accordingly, CGS-CIMB shall not be responsible for any delays whatsoever nor shall there be any compensation payable in respect of any such delays. CGS-CIMB shall be entitled at its sole and absolute discretion to forfeit the reward from any participant or disqualify any participant from participating in the Campaign.
  3. CGS-CIMB employees, representatives and agents are not eligible for this Campaign.
  4. By participating in this Campaign, each participant is deemed to have read, understood and agrees to be bound by the foregoing terms and conditions of the Campaign, CGS-CIMB’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that the participant may have entered into with CGS-CIMB.
  5. CGS-CIMB reserves the right in its absolute discretion to terminate, vary, delete or add to any of the Campaign’s terms and conditions herein, at any time without prior notice and without having to disclose any reason therefore and without any payment or compensation whatsoever to the client.
  6. CGS-CIMB, its affiliates, its and their respective employees, directors, officers, representatives and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this Campaign.
  7. The decision of CGS-CIMB on all matters relating to or arising from this Campaign (including the eligibility of any trade to be considered within the scope of this Campaign, and the eligibility of any person to participate in this Campaign) is absolute, final and binding and no correspondence and/or requests to retract and/or to modify any such decisions shall be considered. In the event of any inconsistency between these terms and conditions and any marketing material relating to this Campaign, these terms and conditions shall prevail.
  8. CGS-CIMB reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  9. These terms and conditions are governed by and interpreted according to the laws of Singapore and the participants in this Campaign agree to submit to the exclusive jurisdiction of the courts of Singapore.
  10. This Campaign shall not be construed as an offer, recommendation or solicitation to buy or sell any securities. Each participant is advised to make their own independent evaluation and to consult professional advisers before undertaking any transaction.
  11. Any person who is not a participant shall not have any rights under the Contracts (Rights of Third Parties) Act 2001 to enforce or benefit from these terms and conditions.