BUSINESS FINANCIAL MANAGEMENT

Terms and conditions governing the Business Financial Management Usage Promotion (the "Campaign")

Campaign Period

1. The Campaign shall run from 15th June 2022 to 15th September 2022 (both dates inclusive), or such other periods(s) as may be determined by Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) at its sole and absolute discretion (the “Campaign Period”).

   Eligibility

2. You will qualify for the Campaign:
   1. if you have not manually generated any sales or bills invoices through the Business Financial Management e0Invoicing module on OCBC Velocity ("e-Invoicing Module"), at any point of time before 15^th June 2022; and
   2. you must have either received or generated and sent out, as the case may be, a total of 5 or more Eligible Sales Invoices or Eligible Bills Invoices within the Campaign Period.

   Definitions

3. For the purposes of the Campaign and these terms and conditions:

   “Eligible Customer” means a [customer of OCBC Bank] who fulfils both of the criteria stated in Clause 2.

   “Eligible Sales Invoice” refers to a sales invoice which is generated through the e-Invoicing Module and sent to a recipient, and the status of such an invoice, in the e-Invoicing Module, must be reflected as “paid” by 15^th September (inclusive of this date).

   “Eligible Bills Invoice” refers to a bills invoice which is received through the InvoiceNow network and for which an e-invoice is automatically created in the e-Invoicing Module; or a bills invoice which is manually generated through the e-Invoicing Module, and for both types of bills invoice, the status of the bills invoice, must be reflected as “Paid” by 15^th September (inclusive of this date), in the e-Invoicing Module.

   “OCBC Account” means a Singapore dollars denominated current account held with OCBC Bank.

   Rewards

4. The first 200 Eligible Customers to meet the requirements set out in these terms and conditions shall be entitled to receive a cash incentive of S$25 each (the “Reward”), subject to these terms and conditions.
5. In the event that any person entitled to the Reward is subsequently found to be ineligible for the Campaign, OCBC Bank shall not be obligated or liable to provide the Reward to another Eligible Customer.
6. Subject to these terms and conditions, an Eligible Customer can only receive the Reward once under this Campaign.
7. Eligible Customers who qualify to receive the Reward will receive it by 30^th November 2022, or such other timing as may be determined by OCBC Bank in its sole and absolute discretion. The Reward will be credited directly into such Eligible Customer’s OCBC Account (if the Eligible Customer only has one (1) OCBC Account) or any of such Eligible Customer’s OCBC Accounts (if the Eligible Customer has more than one (1) OCBC Account), or such other medium of transfers as may be determined by OCBC Bank at its sole and absolute discretion.
8. OCBC Bank reserves the right in its sole and absolute discretion to determine whether an invoice qualifies as an Eligible Sales Invoice or Eligible Bills Invoice under the Campaign. If OCBC Bank in its sole and absolute discretion decides that any invoice is not to be considered an Eligible Sales Invoice or Eligible Bills Invoice, such that an Eligible Customer does not fulfil the criteria stated in Clause 2 above, the Reward will not be awarded to that particular Eligible Customer.
9. If any Eligible Customer is subsequently discovered to be in breach of any of these terms and conditions, or ineligible to participate in the Campaign or to receive the Reward (which eligibility shall be determined at the sole and absolute discretion of OCBC Bank), OCBC Bank reserves the right to (i) forfeit or withdraw the Reward at any time; or (ii) (where the Reward has been credited) claw-back the Reward or request the Eligible Customer to repay to or compensate OCBC Bank the value of the Reward at any time. No person shall be entitled to any payment or compensation from OCBC Bank should any Reward be forfeited or withdrawn, if any Reward is reclaimed by OCBC Bank, or if a customer is asked to repay to or compensate OCBC Bank the value of the Reward for whatsoever reasons.
10. OCBC Bank reserves the right to substitute or replace the Reward with any item of similar value at its sole discretion without notice to any person.

    Data Protection and Consent

11. By participating in the Campaign, the Eligible Customer acknowledges and agrees that OCBC Bank, may collect, use, disclose and/or process data (which may include without limitation, personal data) relating to the Eligible Customer, such as, without limitation, the details and business contact information of the Eligible Customer and/or the Eligible Customer’s representative(s) (collectively, “Customer Data”). Such Customer Data may be collected, used, disclosed and/or processed for:
    1. the purpose of determining the eligibility of the Eligible Customer to participate in the Campaign;
    2. the purpose of managing, administrating and conducting the Campaign;
    3. the fulfilment and delivery of the Reward to the Eligible Customer, where applicable; and
    4. such other purposes as may be set out in OCBC Bank’s respective data protection policies and/or privacy policies,
    (collectively, the “Purposes”).
12. In providing any Customer Data to OCBC Bank in the course of the Campaign, the Eligible Customer represents and warrants that:
    1. such Customer Data is accurate, complete and true; and
    2. where Customer Data relates to an individual (for example, the Eligible Customer’s representative(s)), the Eligible Customer has the valid authority and consent from such individuals to act on their behalf and provide such Customer Data to OCBC Bank to collect, use, disclose and process for the Purposes.

    General

13. By participating in the Campaign, the participant shall be deemed to have read, understood and accepted these terms and conditions.
14. The eligibility of any Eligible Customer to receive any Reward shall be determined at the sole and absolute discretion of OCBC Bank.
15. OCBC Bank reserves the right to, at its sole and absolute discretion and at any time without notice, modify, revise, vary, delete or add to any of these terms and conditions or extend, terminate, withdraw or modify the Campaign, including without limitation, the eligibility criteria and the dates of the Campaign.
16. OCBC Bank’s decisions on all matters relating to the Campaign shall be final and binding on all participants of the Campaign. No correspondence or appeal shall be entertained by OCBC Bank.
17. In the event of any inconsistency between these terms and conditions and any brochure, marketing or promotional material relating to the Campaign, these terms and conditions shall prevail.
18. To the fullest extent permitted by law, OCBC Bank shall not be responsible for any loss or damage to any person in connection with the Campaign howsoever arising, any breakdown or malfunction in any computer system or equipment, or any notice which is misdirected or lost in the post or in transmission.
19. These terms and conditions shall be governed by the laws of Singapore and each participant in the Campaign irrevocably submits to the non-exclusive jurisdiction of the courts of Singapore. A person who is not a party to these terms and conditions shall have no right under the Contracts (Rights of Third Parties) Act 2001 to enforce any of these terms and conditions.
20. All information is correct at the time of publication.