Terms and Conditions - OCBC Premier Birthday Promotion

Terms and Conditions governing OCBC Premier Birthday Promotion

A. OCBC Premier Birthday S$ Time Deposit Promotion – 1% p.a. 12-mth S$TD
The following terms and conditions shall apply to the OCBC Premier Birthday S$ Time Deposit Promotion – 1% p.a. 12-mth S$TD (“the Promotion”).

  1. This offer is intended for the recipient only and is non transferable.
  2. The minimum placement amount for the promotional 12-month Singapore Dollar Time Deposits Promotion is S$30,000 and the maximum placement amount is S$999,999 in fresh funds only (i.e. the funds placed must not be transferred from existing OCBC Bank deposit accounts or in the form of OCBC cheques/cashiers’ order/demand drafts).
  3. Promotional interest rate and tenure stated are applicable for a limited time period only and are subject to change by OCBC Bank at its sole discretion and without notice.
  4. Only personal accounts held by individual(s) are eligible for the promotion.
  5. Terms and Conditions Governing Deposit Accounts apply (available at www.ocbc.com/tandc).
  6. OCBC Bank reserves the right to waive/vary/amend any of these terms and conditions without notice.
  7. The decision of OCBC Bank on all matters relating to the offers and promotion shall be final and binding.

B. OCBC Higher Returns S$ Time Deposit Promotion – Complimentary NESCAFÉ® Dolce Gusto® Piccolo by KRUPS
The following terms and conditions shall apply to the OCBC Higher Returns S$ Time Deposit Promotion – NESCAFÉ® Dolce Gusto® Piccolo by KRUPS (“the Promotion”).

  1. The first 20 depositors with a minimum placement amount of S$150,000 in fresh funds in their birthday month (“Eligible Customer”) will receive 1 complimentary NESCAFÉ® Dolce Gusto® Piccolo by KRUPS (“Gift”) worth S$189.
  2. Eligible Customer will be notified via post within one month of their birthday month. For example, Eligible Customer whose birthday falls in March 2012 will be notified via post by 30 April 2012.
  3. Each Eligible Customer will only receive 1 Gift regardless of the number of placements made. The eligibility of a customer to receive the Gift shall be determined at the absolute discretion of OCBC Bank.
  4. The Gift is not exchangeable for cash or other items. In the event that the Eligible Customer who has received the Gift, withdraws the sum, whether in whole or in part from the Eligible Account before the expiry of the time deposit tenure, OCBC Bank shall have the right to debit the value of the Gift plus any goods and services tax or such other amount as it deems fit from the time deposit account or any other account of the Eligible Customer.
  5. OCBC Bank reserves the right to replace the Gift with any other item as it deems fit without notice.
  6. OCBC Bank shall not be responsible for the quality, merchantability or the fitness for any purpose or any other aspect of any gift. Notwithstanding anything herein, OCBC Bank shall not at any time be responsible or held liable for any defect or malfunction in any gift, and/or for any loss, injury, damage or harm suffered or incurred by or in connection with the use of any gift by any person.
  7. The gift is not exchangeable for cash or other items.
  8. The decision of OCBC Bank on all matters relating to the offers and promotion shall be final and binding.
  9. Singapore dollar deposits held by or for a non-bank depositor in accounts listed in OCBC Bank’s Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance with and for up to the limits specified in the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 of Singapore