WeLab Bank Referral Rewards Terms and Conditions
 The WeLab Bank Referral Rewards (“Campaign”) shall be valid from 1 May 2022 to 31 May 2022 (both dates inclusive) (“Campaign Period”) unless otherwise specified by us.
 The Campaign is only applicable to an existing customer (“Eligible Customer”, “you” or “your”) of Welab Bank Limited (“WeLab Bank”, “we”, “us” or “our”) with a valid WeLab Bank account (as determined by us at our sole discretion) within the Campaign Period.
 Each Eligible Customer can enjoy a maximum of HKD 5,000 cash reward over the Campaign Period under this Campaign (“Maximum Reward”), which is composed of HKD 50 reward for each successful direct referral (“Direct Referral Reward”). The Maximum Reward is the accumulated Direct Referral Rewards earned during the Campaign Period.
 Definition of Direct Referee (“Direct Referee”): new WeLab Bank customer who successfully opens a WeLab Bank account using your unique referral code. You can earn an HKD 50 Direct Referral Reward for each successful Direct Referee onboarded during the Campaign Period. The account opening application needs to be completed and approved before 31 May 2022 to be eligible.
 The number of Direct Referees will be displayed in your WeLab Bank app. The number will be refreshed within 1 working day upon successful opening of the relevant referees’ account. The number will not be refreshed in respect of referees who have only submitted the application, but whose accounts have not been opened.
 Direct Referral Reward will be credited to your account within 1 working day upon the relevant referee’s account opening.
 You agree and acknowledge that you are not entitled to receive any reward under this Campaign if you close your Core Account at any time before the rewards are credited into your Core Account.
 If you request to close your account within one year upon receiving the account opening reward, we have the right to deduct the equivalent credited amount from your account prior to the closing of account or collect the equivalent amount from you through any other means.
 WeLab Bank may, from time to time, impose restrictions and changes on the definition of Direct Referee, maximum referral rewards and amount of Direct Referral Reward.
 Your eligibility 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 you (as determined at our sole discretion) will result in forfeiture of your eligibility to participate in the Campaign and/or suspension or termination of all or any of your 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 your Account (including but not limited to your 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.
 Terms defined in our Account Terms shall have the same meanings when used herein, unless otherwise defined.
 Should there be any discrepancy or inconsistency between the English and Chinese versions of these Terms and Conditions, the English version shall prevail.
Effective date: 1 May 2022