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Investors participating in the Southbound Scheme should invest in their personal capacity. Residents in the nine Greater Bay Area ("GBA") cities (either registered residents or with residence permits) must be verified by the WMC Partner Bank ("WMC Partner Bank") of OCBC Bank ("the Bank") regarding their eligibility and source of fund and be assessed as not being a vulnerable customer ("VC") in order to be eligible investor for the Southbound Scheme.

Eligible investors under the Southbound Scheme should:

1. have full capacity for civil conduct;
2. be residents registered in the nine GBA cities, or with record of social security contribution or individual income tax payment in the nine GBA cities for 2 consecutive years;
3. have 2 years or more experience in investment and with net household financial assets of RMB 1 million or more over the past 3 months, or have 2 years or more experience in investment and household financial assets of RMB 2 million or more over the past 3 months, or have 2 years or more experience in investment and with average personal yearly income of RMB 0.4 million or more over the past 3 years.

If the documents are correct, it will take about 3-5 working days to open a Southbound account. Mainland investors under Southbound Scheme need to prepare a Chinese resident ID card and address proof for the last 3 months (only when the current address is different from the address on the resident ID card).

In order to ensure the security of online banking, "login number" and "password" letters will be sent to you by courier within about one week after opening an account.

OCBC Bank Personal eBanking services provide a wide range of electronic channels, so that customers in GBA can handle daily finance and the latest offers and market information anytime, anywhere, enjoy 24-hour superior convenience of mobile financial management. Customers can conduct foreign currency trading, fund transactions, monitor and manage portfolios, account inquiries and review transactions and electronic statements via online or mobile platforms.

There is no daily limit on the investment amount of WMC.