On the last day of each calendar month, Fashion Flagship Company Limited (“the Company”) would calculate the cash balance in user’s CHIC#AG wallet.
If the month end closing cash balance is above HKD 300, amount of multiplier HKD 100 would be transfer out until the remaining cash balance in user’s CHIC#AG wallet is less than HKD 100.
Example: Month end closing cash balance is HKD 838, then HKD 800 would be transferred out, leaving HKD 38 rolling forward to next month.
If month end closing cash balance is below HKD 300, no transfer would take place.
The transfer amount would be remitted through bank (HK and Overseas) or through Alipay (China) to the account designated by user within 7 working days.
The Company supports remittance through Hang Seng Bank Limited, Bank of China (Hong Kong) Limited and Alipay. If user designates other receiving bank not listed above, then the bank charge of both the remitting bank and the receiving bank is bear by user and would be deducted in the transfer amount.
If the bank account information (including bank name, name of the account holder and bank account number) provided by user is inaccurate or incomplete, then user has no claim on the transferred amount. The Company is not liable for any loss so occurred.
The Company has the rights to amend the Terms of Remittance from time to time. Once the amended Terms of Remittance is being published on the Company’s website then the amended Terms of Remittance is deemed to be effective. Depending on the nature of amendment, the Company would announce amendment through：（ 1 ）the Company’s website, or （ 2 ）to your registered email address. In both situations, should you continue to use the service provided by the Company after announcement is made, then you are deemed to agree and accept the amended Terms of Remittance. If you do not agree the Terms of Remittance would be amended from time to time partially or entirely, then please stop using the Company’s service.