WeLab Bank – HK Virtual Bank 4+

WeLab Bank understands your needs. We help you to manage, save & grow your money, so you can sit back, relax and live life the way you want.

• Open a bank account seamlessly in as fast as 5 minutes online#, faster than brewing a cup of coffee
• Groundbreaking time deposit interest rates that gives you ultra flexibility
• Managed by investment experts, “Digital Wealth Advisory” enables you to diversify investment with ease. Featured Funds covering top funds, enjoy no subscription fee¹

GOSAVE 2.0 TIME DEPOSIT:
• Various deposit tenors to manage your financial needs better
• As little as HKD10 to start saving and making your wallet wealthier
• Place and start your savings journey anytime and anywhere without waiting
• Unique and surprise offers are always there for you!

START INVESTING WITH FUNDS²:
WeLab Bank offers two ways of fund investing.
1) Featured funds: Select your funds from a list of popular funds from global fund houses.
2) Digital Wealth Advisory: Receive personalized portfolios recommended by our smart system.
• Funds from global fund houses
• No lock-up, redeem funds any time
• Start investing at HKD100

GOOD LOOKING ALL-IN-ONE CARD:
• Instant access to a virtual WeLab Debit Card
• Get a free numberless physical WeLab Debit Card³
• Spend with ease! Wherever you like, whenever you like

WELAB BANK PERSONAL LOAN:
• WeLab Bank exclusive “Loan Masters⁴", combined by high-end intelligent systems to provide assistance to you at any time
• Get preliminary approval in just 3 steps, all via your WeLab Bank app
• The annualized percentage rate (“APR”) ranges from 1.68% to 36.00%⁵ and loan amount ranges from HKD10K to HKD1.5M with repayment period of 6 to 72 months
• Assuming loan amount as HKD1.5M with tenor of 24 months, the APR will be 1.68%⁵ (excluding cash rebate)

GIVING YOU A PEACE OF MIND:
• Instant notifications on every transaction
• Modern technology that gives you control of your own spending. Set your payment limits, activate your card - all in just a few taps
• In-app and phone support from our friendly customer service agents based in Hong Kong. We are always here to help

SECURE BANK:
WeLab Bank Limited is a member of the Deposit Protection Scheme in Hong Kong. Eligible deposits taken by WeLab Bank are protected by the Scheme up to a limit of HKD 500,000 per depositor.

To borrow or not to borrow? Borrow only if you can repay!

Services and offers mentioned above are subject to relevant terms and conditions. Please refer to our webpage for details.

#Actual time to open this Hong Kong virtual bank account with WeLab Bank may vary depending on factors such as your connectivity and mobile phone.

1 0.08% monthly platform fee will be charged for featured funds service.

2 Note: Information is for reference only and does not constitute any investment advice, offer or solicitation to offer or recommendation of any investment product. Investment involves risks.

*We categorise the funds into different investment themes set by us based on the funds' information and provide theme descriptions. Information relevant to the funds and categorisation is for reference only and does not constitute a solicitation, offer or investment advice.

3 WeLab Debit card will deliver to Hong Kong mailing address onlyWe do not send physical cards to customers with non-Hong Kong addresses. Customers can binded linktheir WeLab Debit Card to their e-wallet for making transactions.

4 Loan Masters refer to WeLab Bank’s self-developed approval system that works in tandem with the team that follows up with the customers, to provide professional advice to customers based on their unique loan requirements and financial situations.

5 The APR is calculated according to the guidelines issued in respect of the Code of Banking Practice and rounded to the nearest 2 decimal places and may vary for individual customers.

The App and its information are not intended for use in jurisdictions where prohibited by law or regulation.