* TERMS AND CONDITIONS FOR 1-HOUR TRADE SERVICE

 1.

The “OSPL One-Hour Trade Service” refers to the 60 minutes processing procedures, for processing account-opening applications for a securities trading account with OCBC Securities Private Limited (“OSPL”).

 2.

The OSPL One-Hour Trade Service is available only to customers who apply in person at OSPL (“Eligible Customers”) which is located at18 Church Street #01-00, anytime before 3pm on weekdays (excluding public holidays).

 3.

To enjoy the OSPL One-Hour Trade Service, Eligible Customers must apply with OSPL for the opening of an individual trading account (for cash trading, share financing and/or share borrowing).

 4.

Eligible Customers are required to:-

a.     Present the following documents upon application:

·          Original Identification documents, ie. NRIC/Passport

·          Latest CPF/SRS statements and CPF/SRS investment account details (applicable only for CPF/SRS shares),

·          Latest CDP statements / Recent Income Tax Assessment / Recent Bank Statement / Latest Payslip

b.   Settle all trades via cash, cheque or internet funds transfer only. Other modes of electronic payment i.e. EPS/Giro will be available to the Eligible Customer only after he has received a letter from OSPL, confirming that such modes of electronic payment have been successfully set up for his account.

 5.

OSPL may require an Eligible Customer to place a minimum cash deposit of S$2000 for the opening of the individual trading account. The cash deposit is compulsory if the Eligible Customer is not a Singapore Citizen or Singapore Permanent Resident.

 6.

The OSPL One-Hour Trade Service is not available for trading over the internet, through iOCBC.

 7.

The OSPL One-Hour Trade Service is not available for the opening of a share financing account and/or a share borrowing account, where shares are pledged to OSPL as initial collateral.

 8.

The OSPL One-Hour Trade Service is not available for trading in shares listed on the Bursa Malaysia.

 9.

OSPL is entitled to reject any account application submitted by Eligible Customers without any obligation to furnish any reasons for such rejection.

 10.

The decision of OSPL on all matters relating to the OSPL One Hour-Trade Service shall be final and no correspondence or queries will be entertained.

 11.

These terms and conditions shall be governed by the laws of Singapore and the participants in the Promotion irrevocably submit to the non-exclusive jurisdiction of the courts of Singapore. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contracts (Rights of Third Parties) Act (Cap 53B) to enforce any of these terms and conditions.