Terms and Conditions Governing the DBS 110 - Quick Finance Early-Bird Promotion ("Promotion"). Participation in the Promotion constitutes acceptance of these Terms and Conditions.
1. This promotion is valid for new application of Purchase Invoice Financing ("PIF") and Sales Invoice Financing ("SIF") facilities that are offered by the Bank via IDEAL from 1 May 2023 to 31 August 2023, both dates inclusive ("Promotion Period")
2. The promotion is open to customers of DBS Bank Ltd. (the "Bank") who are offered DBS 110 - Quick Finance when they log into IDEAL ("Customers").
3. To participate in the Promotion and be entitled to the account fee waiver of up to S$800, a Customer must: (a) apply for and accept the PIF and/or SIF facility via IDEAL and utilise the facility by providing the necessary instructions in the Bank's application; and (b) agree and accept the Terms and Conditions set out in the Import or Export Financing application/submission form; and (c) apply for and accept at least 4 PIF and/or SIF transactions as described in (a) above; and (d) be among the first 100 Customers to complete the steps in (a), (b) and (c) (inclusive) above within the Promotion Period.
4. We reserve the right to change the terms of this Promotion, (extending or shortening the Promotion Period or withdrawing this Promotion) at any time without prior notice, reason or liability to any party.
5. Our decision on all matters relating to this Promotion (including, without limitation, determining the transactions and the customers who are eligible for the fee waiver) shall be final and conclusive and shall be binding on the Customer. No correspondence or claims will be entertained.
6. We shall not be liable for any costs, expenses, liabilities, losses or damages whatsoever and howsoever incurred or to be incurred by the Customer arising from or in connection with this Promotion.
7. By submitting Import or Export Financing application, each Customer confirms that it is lawfully providing the data for the Bank to use and disclose for the purpose of:
(i) providing products or services to that Customer, whether in connection with this Promotion or its application; (ii) meeting the operational, administrative and risk management requirements of DBS Group Holdings Ltd. and its related corporations ("DBS Group"); and
(iii) complying with any requirement, as DBS Group reasonably deemed necessary, under any law of any court, government authority or regulator.
These terms and conditions are governed by, and shall be construed in accordance with, the laws of Singapore. |
