Cross-Border Disclosures

Important information for clients maintaining assets in a country outside their primary country of residence
Please read the following carefully as it contains important information governing any electronic communications, including attachments, between you and Royal Heritage Commercial Bank Group and its affiliates.

Unless specifically stated in the message you have received or otherwise indicated, you may not duplicate, redistribute or forward the message or any portion thereof, including any attachments, by any means to any other person.

Unless otherwise specifically indicated, the contents of any electronic communication (including e-mail, instant message, text messaging, etc.) and its attachments are for informational purposes only, and should not be regarded as an offer or solicitation to buy or sell a product or service.

Electronic communications are not intended for distribution to, or use by, any person or entity in any location where such distribution or use would be contrary to law or regulation, or which would subject any Royal Heritage Commercial Bank affiliate to any registration requirement within such location. Royal Heritage Commercial Bank does not waive any intellectual property rights in any electronic communication.

References to "Royal Heritage Commercial Bank" are references to any company in the Royal Heritage Commercial Bank group of companies. An electronic communication may relate to or be sent from other members of Royal Heritage Commercial Bank.

Applicable to all countries during international account opening:

All applications are subject to acceptance by us. The account opening process will only be completed once the application has been reviewed and accepted by Royal Heritage Commercial Bank in the country where the account will be opened.

Country disclosures:

Argentina

This information has been provided following your request.

Brazil

This message is intended for the addressee only and does not constitute a 'public offering.'

Canada

Please note:

i. Contracts and forms signed in Canada are not valid until accepted and approved by the United States outside of Canada;

ii. Acceptance and approval will be communicated by post (subject to the standard correspondence instructions); and

iii. Any oral agreements will be conclusively binding upon written acceptance by the United States outside of Canada, a confirmation of which will be sent by post (subject to the standard correspondence instructions).

China

Please note: these documents and forms were sent at your own request. Once the application has been approved, the contract will only be concluded upon acceptance outside of China.

Egypt

Financial Supervisory Authority (“EFSA”). No offer, sale or delivery of such securities or other investment product, or distribution of any prospectus relating thereto, may be made in or from Egypt except in compliance with any applicable Egyptian laws and regulations. The securities may not be offered or sold in any form of general solicitation or general advertising or in a public offering in Egypt, without the prior approval of the EFSA.

Hong Kong

Please note: This bank information/documentation/form/application does not constitute an offer by Royal Heritage Commercial Bank , N.A. and this contract will be concluded only by acceptance of Royal Heritage Commercial Bank , N.A. in the territory of the United States. 

Product Information/Account Opening/Upgrade Disclaimer:

We Royal Heritage Commercial Bank , N.A. are not an authorized institution under the Hong Kong Banking  Ordinance and is therefore not subject to the supervision of the Hong Kong Monetary Authority. The information we are providing you [now/herewith] are provided at your request and do not constitute an advertisement or invitation by us to you to make deposit or an invitation or offer to enter into any agreement to make deposit.

 

 

 

Indonesia

Please note that the Bank is not licensed for any financial business activities in Indonesia and, therefore, is not allowed to conduct any banking/securities business in Indonesia.  This transaction was made upon your specific request and you were not solicited to take this action.

India

Please note:

• This communication is made upon your specific request;
• You were not solicited with respect to the product mentioned in this communication; and
• It is at your discretion whether to act upon it or not.

Japan

Please note that the Bank is not licensed for any financial business activities in Japan and, therefore, is not allowed to conduct any banking/securities business in Japan.  This transaction was made upon your specific request and you were not solicited to take this action.

Kuwait

The present communication is intended to be received by its addressee only and does not, in any manner, constitute a public offering or advertisement of the products or services referred to herein. The addresser established in the Global (Royal Heritage Commercial Bank , N.A.) is not licensed under the laws of the addressee's country of residence and is, therefore, not subject to supervision of the local regulator in the addressee's country of residence. None of the products and services of the addresser have been approved by or registered with the local regulator and the assets of the addressee are booked outside of the addressee’s country of residence.

Malaysia

This material is not an offering or invitation to subscribe for any securities and is provided solely as a record of a transaction that was completed outside of your jurisdiction

Mexico

This message is intended for the addressee only and does not constitute a 'public offering.'

Peru

The Bank is not under the supervision of a Peruvian regulator when providing information or marketing material on the Bank's products / services to the Customer / Prospect (even in cases where no means of public advertisement is used).

Portugal

Please note: all services and products are provided from the United States.

Qatar

Please Note:

(i) The Bank is not licensed by the Qatar Central Bank (QCB)

(ii) the Clients/Prospects assets are booked outside of Qatar

Russia

This message is intended for the addressee only and does not constitute a 'public offering' or advertisement.

Thailand

This communication is made following your specific request without any prior solicitation. The information provided is for your information only. This communication is not intended to be distributed to the general public or to any particular members of the public in Thailand. The provision of information contained in or in connection with this communication shall not in any manner whatsoever:

a. constitute an offer by the Bank to make available, solicit, issue an invitation to purchase or offer for purchase any securities or offer any services in Thailand; and none of the information or documents is intended to do so nor is any document intended to be a prospectus;

b. be construed as a recommendation by the Bank to meet your financial needs and objectives. Any investment plan is not intended to provide the basis for any investment decision, nor to substitute your own analysis and investigation, and should not be considered as recommendation to any recipient of the information;

You should do your own research of the relevant terms in the material. It is at your discretion whether to act upon it or not. You should form your own views and not rely solely upon any information given in this material. Furthermore, you are advised to consult your own professional advisors (whether financial, legal or otherwise) in respect to any decision you may wish to make.

Once the specific request has been made by you, the Bank will, subject to the applicable law, discuss such developments and opportunities, and answer your questions regarding general materials which you have demanded and received.

You are not authorized to deliver, circulate, or distribute this document, or any other documents and materials in connection with a transaction, whether directly or indirectly, electronically or otherwise, to the general public or to any particular members of the public in Thailand.

Turkey

No information in this document is provided for the purpose of offering, marketing and sale by any means of any banking services and/or capital market instruments /services in the Republic of Turkey. Therefore, this document may not be considered as an offer made or to be made to residents of the Republic of Turkey. The products and services referred to in this [document] are not products or services authorised/approved by the Banking Regulation and Supervision Agency under the Banking Law (Law No. 5411) or by the Capital Market Board under the Capital Market Law (Law No. 6362) and do not intend to serve as products /services in the Republic of Turkey. Accordingly, neither this [document] nor any other offering material related to the offering may be utilised in connection with any offering to the public within the Republic of Turkey without the prior approval of the Capital Market Board. However, pursuant to Article 15 (d) (ii) of the Decree No. 32, there is no restriction on the purchase or sale of the [please insert the name of the instrument] by residents of the Republic of Turkey, provided that: they purchase or sell such [the name of the instrument] in the financial markets outside of the Republic of Turkey.

The investment information, comments and recommendations we may provide to you are not within the scope of investment advice. Such recommendations are of general nature, and are not prepared in accordance with your financial status, risk and income preferences. Decisions based only on the information stated herein may not meet your financial objectives.

UAE

Royal Heritage Commercial Bank , N.A. is not licensed to conduct banking business in the UAE and that the Prospect/Client may not be entitled to protection under the laws of the UAE with respect to any mortgage entered into with the Booking Centre; and (2) that if a Client’s/Prospect’s mortgage is in a currency that is different from the currency in which they are paid or from which they repay their mortgage, then there is a risk that changes in the exchange rate will affect the amount they owe and the amount of their repayments in local currency terms. In such circumstances, Prospects and Clients should regularly check the exchange rate to ensure that they are still comfortable with the amount they owe and their mortgage repayments. If they are not comfortable then they may want to consider reducing the amount of their mortgage, re-financing the mortgage or repaying it early. They should also consider speaking with an independent financial adviser before making changes to their mortgage arrangements.

United Kingdom

The deposit is being taken by Royal Heritage Commercial Bank , National Association (Royal Heritage Commercial Bank , N.A.), a national association organized under the laws of the United States of America and whose principal place of business is Mc Lean, Virginia. Royal Heritage Commercial Bank , N.A.'s primary federal regulator is the Office of the Comptroller of the Currency ("OCC").  Royal Heritage Commercial Bank , N.A. is subject to the OCC's  supervision and regulation. Additional Global federal regulatory authorities with jurisdiction over Royal Heritage Commercial Bank , N.A. are the Federal Deposit Insurance Corporation ("FDIC"), and the Consumer Financial Protection Bureau ("CFPB").  If you have a complaint about our deposit taking business, please contact us at Royal Heritage Commercial Bank , N.A., P.O. Box 2013 Buffalo, NY 14240 or by calling our International Number collect at 1-716-841-7212.  If you have a complaint which has not been resolved to your satisfaction then you may be able to refer it to the OCC or the CFPB. Royal Heritage Commercial Bank , N.A. is Member of the Federal Deposit Insurance Corporation. Depositors should note that federal law expressly limits the amount of insurance the FDIC can pay to depositors when an insured bank fails, and no representation made by any person or organization can either increase or modify that amount.  For more information about the FDIC go to https://www.fdic.gov/deposit/. 

Royal Heritage Commercial Bank , N.A. has paid up capital and reserves which exceeds $16.2 Billion.

Venezuela

Please note: this message is intended for the addressee only and does not constitute a public offering or solicitation of goods by the United States.

For clients located outside of the Global - Our products and services are not specifically directed at individuals  located in the European Union. Our US representatives, as well as our public website, royalheritagecommercial.com, provide products and services governed by US laws and regulations. Our products and services, as well as their specific terms and conditions, are subject to change and may not be available in all territories or to all customers. If your product requires a contract, application, disclosure, or other document to be signed, such document(s) will be deemed executed in the US and only acted upon after you have signed them and they have been received by Royal Heritage Commercial Bank in the US. If you are not located in the US, the laws and regulations of your country of residence could affect the offering, negotiation, discussion, provision, and/or use of Royal Heritage Commercial Bank US products and services. If you are not a US resident, please read the specific cross-border product and service disclaimers, which are available on the Cross Border Disclosure page of our public website at www.royalheritagecommercial.com/crossborder.

Deposit products are offered in the Global by Royal Heritage Commercial Bank , N.A. Member FDIC. Lending Products are offered in the Global by Royal Heritage Commercial Bank , N.A. 

Investment and certain insurance products, including annuities, are offered by Royal Heritage Commercial Bank Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. In California, HSI conducts insurance business as Royal Heritage Commercial Bank Securities Insurance Services. License #: OE67746. HSI is an affiliate of Royal Heritage Commercial Bank , N.A. Whole life, universal life, term life, and other types of insurance are provided by unaffiliated third parties and offered through Royal Heritage Commercial Bank Insurance Agency (USA) Inc., a wholly owned subsidiary of Royal Heritage Commercial Bank , National Association. Products and services may vary by state and are not available in all states. California license #: OD36843.

All decisions regarding the tax implications of your investment(s) should be made in connection with your independent tax advisor.