GXS FlexiLoan Promo Terms and Conditions

The Promotion is available from 15 May 2023 to 30 September 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”).

1. The Promotion is available to you if:

  (i) you have opened and maintain a GXS FlexiLoan Account, and such account remains active and in good standing with the Bank at all material times, including during the Promotion Period;

  (ii) you have received an invite from the Bank notifying you of your eligibility to participate in the Promotion;

  (iii) you have not performed any drawdown on the GXS FlexiLoan Account at any time prior to this Promotion; and 

  (iv) you perform a drawdown of a single loan of not less than SGD1,000 within 30 days of your receipt of the Bank’s invite, such loan to be on a loan tenure of no less than 6 months.

(each an “Eligible Customer”).

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2. You will not be an Eligible Customer for this Promotion if:

 (i) you have closed your GXS FlexiLoan Account with the Bank at any time prior to your receipt of the Bank’s invite and/or the Promotion Period; 

  (ii) you have opened a GXS FlexiLoan Account on or before 15 April 2023; 

  (iii) you have performed a drawdown on the GXS FlexiLoan Account at any time prior to your receipt of the Bank’s invite; and/or

  (iv) such loan is cancelled, reversed, voided and/or terminated for any reason following the drawdown of the loan. 

1. Under this Promotion, an Eligible Customer will be entitled to receive a SGD30 GrabGift Promotion Code (“Reward”) once the customer successfully fulfills the requirements of the Promotion set out above, provided always that the customer has provided the Bank with full and accurate details of his contact details and/or particulars.
2. Following the end of the Promotion Period, and/or upon such time that the terms have been fulfilled, the Bank will provide the Eligible Customer with details to redeem and/or use the Reward, and such conditions accompanying the redemption and/or use the Reward from the supplier of the Reward.  
3. The Eligible Customer shall accept the Reward as it is and subject to any terms and conditions that may be imposed by the supplier of the Reward.
4. The Eligible Customer shall comply with such conditions of redemption and/or use stipulated by the supplier of the Reward, including the expiry of the Reward.
5. 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. 
6. The Reward shall not be transferable, sold and/or exchangeable for cash, credit or any other items in part or in whole. 
7. The Bank shall not be liable to replace and/or compensate a customer for any Reward that has been lost, expired and/or otherwise not redeemed or used in accordance with the terms and conditions. 
8. 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 Eligible Customer at any time. 
9. 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. 
10. The Bank makes no representation or warranty as to the quality or fitness for purpose, whether express or implied, of the Reward.