Terms and Conditions
Terms and conditions governing the Premier Banking Staff Referral Programme
This promotion is only applicable for staff (subject to the exclusions below) who successfully refer new Premier Banking/Premier Private Client customers who sign up with a minimum of (a) S$350,000 or (b) S$1,500,000 (and qualify as an Accredited Investor), in fresh funds. Referred customers are required to maintain the minimum balance of S$350,000 or S$1,500,000 (or its equivalent in a foreign currency) in the relevant account for at least 3 months. Vouchers will be delivered to qualifying staff in the following quarter after the account has been opened and funded.
Vouchers awarded to staff under this promotion are subject to prevailing tax guidelines; staff are required to make the relevant self-declarations for tax reporting purposes.
This promotion is not valid with any other offers or promotions, unless otherwise stated. Please note that we will only be according rewards for cases which come through the “Premier Banking Staff Referral — CFS Singapore” mailbox.
Branch Banking distribution and Premier Banking HQ staff, as well as all CFS staff in sales-related or customer-facing functions are not eligible to participate in this promotion.