WELCOME PROMOTION

Welcome Promotion Terms & Conditions

1. The Citigold/Citigold Private Client Welcome Promotion (hereinafter known as “Promotion”) is applicable to customers who establish an account with Citibank Singapore Limited, International Personal Bank Singapore (hereinafter known as “Citibank”) between January 1, 2016 and December 31, 2016.
2. Only new accounts opened with Citibank will qualify for the Promotion. Joint accounts must have at least 1 new-to-bank customer who does not have an existing relationship with Citibank. Existing joint account holders opening a new single account or a person who has a current, or had a prior relationship with Citibank in the past 12 months will not qualify for the Promotion.
3. To qualify for the Promotion, the account must be funded with fresh funds of the following amounts by the 2nd calendar month of account establishment date:

   Citigold Welcome Reward Tier	US$200,000 (or equivalent)
   Citigold Welcome Reward Tier	US$500,000 (or equivalent)
   Citigold Private Client Reward Tier	US$1,000,000 (or equivalent)

4. Clients must complete the ‘Choice of Gift’ form with their Relationship Manager to be eligible to receive the reward.
5. Funds invested into other booking centers of Citibank or its affiliates other than in Singapore will not be eligible for the Promotion.
6. All Points earned under this Promotion must be redeemed before December 31, 2017 and are not exchangeable for cash, credit or kind. Please refer to www.ipb.citibank.com.sg “Member Rewards Program” for full terms and conditions on the redemption of your Points.
7. Customers are limited to 1 reward per new account. Please For the crediting of Points, please allow a processing time of four to six weeks from the time the funds are invested for the credit of the reward to your account.
8. Citibank’s decision on all matters relating to this Promotion will be at its absolute discretion and will be final and binding on all participants.

Generic Terms and Conditions

9. This Promotion is not available to customers domiciled in all jurisdictions and this document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation.
10. Promotion is not available to U.S. Citizens, U.S. Residents, or Green Card holders. A person is a “U.S. Resident” if he is present in the United States for more than 31 days in the current calendar year, and for an average of at least 183 days over the current calendar year and the two (2) preceding calendar years.
11. Investors should be aware of the laws in their home countries with regards to their banking with Citibank or in any other jurisdiction. Citibank shall not be liable for any loss or liability imposed on the investors by their home countries or as a result of their non-compliance with any regulations, law, or legal process of their home countries.
12. Citibank has carefully chosen the respective business partner(s) for the Promotion. However, Citibank will not be liable for any loss, damage or non-performance arising from the delivery/use of products/services offered through this Promotion. The eligible client should seek redress and direct any complaints or comments in respect of such goods and services to the respective participating merchant, provider or agent.
13. Citibank shall have absolute discretion to use agents, contractors, correspondents or other third party to administer and/or implement the program; and Citibank shall not be liable to any person act, omission or neglect on part of such agents, contractors, correspondents or third parties.
14. Without prejudice to any of Citibank’s rights and remedies, Citibank may at any time, in its absolute discretion and without giving any reason or notice, terminate or extend or withdraw, modify or amend, cancel or invalidate or substitute any terms and conditions / promotional rates / products / Reward Points or gifts with another of a similar value.
15. Citibank is required to observe certain U.S. laws and regulations, including but not limited to sanctions on certain countries, organizations and/or individuals issued by the U.S. government. These laws and regulations may require Citibank to refrain from fulfilling a Citibank Promotion. Neither Citibank, Citibank N.A. and its branches, Citigroup Inc. or any of its other subsidiaries or affiliates will be liable for any loss to customer as a result of taking or refraining from taking any actions to comply with any U.S. laws or regulations.
16. The eligible client will assume, and be solely responsible for, any and all taxes of any jurisdiction or governmental or regulatory authority, including, without limitation, to any fulfillment of gifts.
17. In the event of any inconsistencies between the different languages of this document, the English language version shall prevail.
18. Citibank is not liable if it is unable to perform its obligations under these terms and conditions, due directly or indirectly to the failure of any machine or communication system, industrial dispute, war, Act of God, or anything outside the control of the bank or its servants or agents.
19. Information collected through this Program may be used in the operation and marketing of Citibank's products and services. Participants may receive via email promotional news, service updates and other information about Citibank's products and services. Participants may choose, at any point, to unsubscribe from these mailings.