Revision of HSBC Premier Account Terms and Conditions
5 December, 2011
HSBC Premier will revise the HSBC Premier Terms and Conditions, which form the basisof the transactions under the HSBC Premier Account. The revised HSBC Premier Terms
and Conditions will come into effect as from 4 January, 2012.
For the revised provisions of the Terms and Conditions, please refer to the Comparative
Table below.
For enquiries, please contact your Relationship Manager or our Call Centre (English 0120777-268, 24 hours/365 days). Thank you for banking with HSBC Premier.

Comparative Table for the revision of HSBC Premier Account Terms and Conditions●Changes effective as from 4 January 2012
ArticleSection 1,Article 20,Termination, etc.
Paragraph 5(Changed parts underlined)

Current

New

5. In addition to the circumstances set out in thepreceding Paragraph, if the Customer
constitutes any of the categories in any of thefollowing Items and if the Bank determines it
inappropriate for the Bank to continuetransactions with the Customer, the Bank may
suspend transactions under the Premier
Account or, after serving the notice to theCustomer, terminate the Premier Account:(i) In case that the representations and covenants
made by the Customer at the time ofapplication for the opening of Premier Accounthave proved to be false.
(ii) In case that the Customer has become known
to constitute any of the following:(1) An organised group of gangsters (boryokudan);(2) A member of an organised group ofgangsters;(3) A quasi-member (jun kousei in) of anorganised group of gangsters;(4) An affiliated business enterprise of anorganised group of gangsters;(5) A sokaiya corporate racketeer etc., a hoodlum
who claims to advocate for social activities
etc. (shakai undo tou hyoubou goro), a violent
group with special intellect (tokushu chinou
boryoku shudan) or the like;or(6) A person similar to any of the foregoing.
(iii) In case that the Customer has, either inperson or with the assistance of any thirdparty, engaged in any activity that
corresponds to any of the following:(1) Making a threatening demand (boryoku-tekiyokyukoui);(2) Making an illegal or unjustifiable demand;(3) In relation to a transaction, engaging in athreatening speech or behaviour or
threatening to or using illegal force;(4) Starting a malicious or false rumour, ordiscrediting the Bank or disturbing the Bank’sbusiness by fraudulent means or illegal force;or

5. In addition to the circumstances set out in thepreceding Paragraph, if the Customer
constitutes any of the following, and if theBank determines it inappropriate for the Bank
to continue transactions with the Customer, theBank may suspend transactions under thePremier Account or, after serving the notice tothe Customer, terminate the Premier Account.
The Customer shall not make any claimagainst the Bank for any damages that theCustomer may incur arising out of, or inconnection with, the application of this Article
20.5, and the Customer shall indemnify andhold harmless the Bank for any damages thatthe Bank may incur arising out of, or inconnection with, the application of this Article
20.5:(i) In case that the representations andcovenants made by the Customer at the timeof application for the opening of Premier
Account have found to be false.
(ii) In case that the Customer has become known
to constitute any of the following (each, an“Anti-Social Group”):(1) an organised crime group (bouryoku dan);(2) a member of an organised crime group;(3) a person who has ceased to be a member ofan organised crime group within the past fiveyears;(4) a quasi-member (jun kousei in) of anorganised crime group;(5) a company or an association related to anorganised crime group;(6) a corporate racketeer (soukaiya), a
blackmailer adopting social movement
slogans (shakai undou tou hyoubou goro), a
violence group with special intellect (tokushu
chinou bouryoku shudan) or the like; or(7) a person similar to any of the foregoing.
(iii) In case that the Customer has become known
to have any of the following relationships:(1) a relationship where the Customer’s businessis deemed to be conducted under the control

(5) Any activity similar to any of the foregoing.

of any Anti-Social Group;(2) a relationship where the Customer’s businessis deemed to be conducted with a substantial
involvement of any Anti-Social Group;(3) a relationship where the Customer is deemed
to be using any Anti-Social Group improperlyfor the purposes such as to obtain unfair
advantage for itself, its business or any third
party or to inflict damage to any third party;(4) a relationship where the Customer is deemed
to have an involvement with any Anti-Social
Group, such as provision of funding or otherfavours; or(5) a relationship where any director of theCustomer or any person who has asubstantial involvement with the managementof the Customer’s business has a generally
condemnable relationship with any Anti-Social
Group.
(iv) In case that the Customer has, either byhimself/herself or through any third party,engaged in any action that constitutes any of
the following:(1) a demand in violent manner;(2) an illegal or undue demand;(3) an action with threatening speech or
behaviour, or the use of violence, in relation totransaction with the Bank;(4) an action to defame the reputation or interferewith the business of the Bank by spreading
rumours, using fraudulent means orresorting to force; or(5) any action similar to any of the foregoing.

T&Cchg-111205-E