WeLab Bank Personal Loan “R-Friend Referral” Campaign Terms and Conditions
 The WeLab Bank Personal Loan “R-Friend Referral” Campaign (“Campaign”) shall be valid from 1 March 2022 to 31 March 2023 (both dates inclusive) (“Campaign Period”) unless otherwise specified by us.
 The Campaign is only applicable to a customer (“Eligible Customer”) of Welab Bank Limited (“WeLab Bank”, “we”, “us” or “our”) who is an existing WeLab Bank customer with a valid WeLab Bank account (as determined by us at our sole discretion) within the Campaign Period. Eligible Customers are deemed to accept these Terms and Conditions by participating in this Campaign.
 During the Campaign Period, Eligible Customer (“Referrer”) can enjoy HKD 800 Referral Reward (“Referral Reward”) if the Referrer has successfully referred a Referee (as defined in clause 4 below) to apply for WeLab Bank Personal Instalment Loan or WeLab Bank Debt Consolidation Loan (together, “WeLab Bank Personal Loan”) with Referrer's designated referral code (including "FP" or "TR" prefix) and drawdown the loan within 7 days after approval (“Successful Referral”). Each Referrer can enjoy a maximum of HKD 8,000 cash reward (i.e. 10 Successful Referrals at maximum) over the Campaign Period under this Campaign.
 Definition of Referee (“Referee”):
Note i: To be a new WeLab Bank customer means a customer who has not terminated and/or closed his/her WeLab Bank account in the twelve (12) months prior to the commencement of the Campaign Period. The new WeLab Bank customer, may only use one (1) referral code when opening a WeLab Bank account and applying for WeLab Bank Personal Loan, and the new customer will only be entitled to the Campaign which corresponds with the referral code he/she has first used for account opening. Unless otherwise specified by WeLab Bank, this Campaign cannot be used in conjunction with other programmes (except WeLab Bank R-Friend Referral Campaign, WeLab Bank MGM Account Opening Reward or WeLab Bank “Flash Account Opening Referral Offer” Special Campaign).
 The Referrer and the Referee agree and acknowledge that they are of friends / relatives relationship, while the Referrer has not charged the Referee any fee related to the loan applied.
 The Referrer can earn HKD 800 Referral Reward for each Successful Referral. The Referee’s loan application needs to be submitted before 31 March 2023 and drawdown before 10 April 2023 to be eligible.
 The Referral Reward will be credited into the Referrer’s Core Account within 15 working days from the date of loan disbursement.
 The Referrer agrees and acknowledges that the Referrer are not entitled to receive any reward under this Campaign if the Referrer close the Core Account at any time before the rewards are credited into the Core Account.
 If the Referrer requests to close the account within one year upon receiving the Referral Reward, we have the right to deduct the equivalent credited amount from the Referrer’s account prior to the closing of account or collect the equivalent amount from the Referrer through any other means without notice.
 In the event that the Referee repays the outstanding loan of the WeLab Bank Personal Loan in full prior to the loan’s final repayment date, we shall not credit the Referral Rebate or where the Referral Rebate has been credited, we reserve the right to debit the Referral Rebate directly from the Referrer’s Account (including but not limited to the Core Account) without prior notice and/or take such necessary legal action to recover any outstanding amounts.
 The Referrer agrees and acknowledges that the Referrer is not entitled to receive any reward under this Campaign if the Referrer refer himself/herself as Referee.
 WeLab Bank will not collect any personal data of the Referee upon the referral.
 WeLab Bank may, from time to time, impose restrictions and changes on the definition of Referee, maximum referral rewards and amount of Referral Reward.
 The eligibility of the Referrer and the Referee to participate in this Campaign is subject to our final approval at our absolute discretion. Our decision shall be conclusive and binding.
 The Referral Reward cannot be transferred, returned, exchanged or converted into other form, unless otherwise specified by us.
 Any breach of applicable laws or regulations, fraud, abuse and/or non-compliance by the Referrer and/or Referee (as determined at our sole discretion) will result in forfeiture of the Referrer and/or Referee’s eligibility to participate in the Campaign and/or suspension or termination of all or any of the Referrer’s and/or Referee’s Account with us. We shall not credit the reward amount or where the cash reward amount has been credited, we reserve the right to debit the Rewards from the Referrer’s and/or Referee’s Account (including but not limited to the Core Account) without notice and/or take such necessary legal action to recover any outstanding amounts.
 We reserve the right to suspend, modify or terminate this Campaign and/or amend these Campaign Terms and Conditions at any time. In the event of dispute, our decision shall be final, conclusive and binding.
 These Terms and Conditions shall be read in conjunction with our Account Terms and the WeLab Bank Personal Instalment Loan Terms and Conditions. In the event of discrepancies or inconsistencies between these Terms and Conditions and the Account Terms and the WeLab Bank Personal Instalment Loan Terms and Conditions, these Terms and Conditions shall prevail.
 Terms defined in our Account Terms and/or the WeLab Bank Personal Instalment Loan Terms and Conditions shall have the same meanings when used herein, unless otherwise defined.
 No person may enforce any of these Terms and Conditions under the Contracts (Rights of Third Parties) Ordinance (Cap. 623 of the Laws of Hong Kong).
 Should there be any discrepancy or inconsistency between the English and Chinese versions of these Terms and Conditions, the English version shall prevail.
To borrow or not to borrow? Borrow only if you can repay!
Effective date: 1 March 2022
(Updated on 31 December 2022)