Terms and conditions governing GXS FlexiLoan New Customer Reward September 2023 Campaign (“Promotion”)

1. Promotion Period: The Promotion is available from 11 September 2023 to 12 October 2023 (both dates inclusive) or such date(s) as may be determined and notified by GXS Bank Pte. Ltd. (“GXS” or “Bank”) in its sole and absolute discretion (“Promotion Period”).
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2. Eligibility: 

1. The Promotion is available to you if:
   i. you have received an invite from the Bank via approved bank channels to participate in the Promotion;
   ii. you have received an invite from the Bank via approved bank channels to participate in the Promotion;
   iii. you are a Singapore Citizen or Singapore Permanent Resident;
   iv. your annual income is at least S$20,000;
   v. you have applied for a GXS FlexiLoan during the Promotion Period through GXS channels made available and accepted by the Bank and the Bank has approved your GXS FlexiLoan application during the Promotion Period; and
   vi. you have performed a drawdown of a single loan of (1) at least S$8,000 or (2) at least 50% of the credit limit made available to you during the Promotion Period, and such loan has a loan tenure of not less than 6 months,
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   (an “Eligible Applicant”).
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2. You will not be an Eligible Customer for this Promotion if:
   i. you are an existing holder of a GXS FlexiLoan Account or have opened and held a GXS FlexiLoan Account at any time prior to the Promotion Period;
   ii. you prepay your loan in full on or before 31 December 2023;
   iii. any condition in Clause A2(a) has not been complied with; or
   iv. any information which you have provided to the Bank during the GXS FlexiLoan application process has materially changed prior to drawdown of the loan.

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3. Promotion, Reward and how to participate:

1. Under this Promotion, an Eligible Applicant is eligible to receive a S$40 GrabGift Promotion Code (“Reward”) subject to the Terms of this Promotion. The Reward is awarded on a first-come-first-served basis and is limited to the first 1000 Eligible Applicants who have successfully complied with the terms and conditions of this Promotion (“Successful Participant”), provided such customer has provided the Bank with full and accurate contact details and/or particulars.

2. Each Eligible Applicant who is a Successful Participant is only limited to one (1) Reward.
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3. Following the end of the Promotion Period, and/or upon such time that the terms have been fulfilled, the Bank will provide the Successful Participant with details to redeem and/or use the Reward, and such conditions accompanying the redemption and/or use of the Reward from the supplier of the Reward. Only the Successful Participants will be notified.
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4. The Successful Participant shall accept the Reward as it is and subject to any terms and conditions that may be imposed by the supplier of the Reward.
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5. The Successful Participant shall comply with such conditions of redemption and/or use stipulated by the supplier of the Reward, including the expiry of the Reward.
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6. The Reward is available on a first-come first-served basis and may be limited in quantity and the Bank makes no guarantee on the availability of the Reward.

7. The Reward shall not be transferable, sold and/or exchangeable for cash, credit or any other items in part or in whole.
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8. The Bank shall not be liable to replace and/or compensate a Successful Participant for any Reward that has been lost, expired and/or otherwise not redeemed or used in accordance with the terms and conditions.
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9. The Bank reserves the right to claw back the value of the Reward if it determines, at its sole and absolute discretion, that a customer has not fulfilled the terms of the Promotion and/or otherwise any misrepresentation, misconduct, fraud, and/or unfair or illegal conduct has been exhibited on the part of the customer at any time.
10. The Bank is not the supplier of the Reward, and is not obliged to assist or otherwise act on behalf of the customer to communicate with the supplier of the Reward for any reason, including but not limited to, the pursuit of any recourse against the supplier.
11. The Bank makes no representation or warranty as to the quality or fitness for purpose, whether express or implied, of the Reward.