The AB Capital Securities Incentive Program (the “Program”) is managed by AB Capital Securities Inc. (the “Company”), an affiliate of AB Capital & Investment Corporation and a member-broker of the Philippine Stock Exchange (PSE).
The Program shall provide Thirty five pesos (Php35.00) (the “Incentive”) to eligible individuals with approved GStocks PH accounts (the “GStocks client”) who have not traded any PSE listed securities.
1. The Program is open only to eligible GStocks clients who have not traded any PSE listed securities through their approved GStocks PH account based on the records of the Company.
2. To qualify for the Incentive, a GStocks client must execute for the first time a successful buy transaction through their GStocks PH account with the following requirements:
3. The Incentive is applicable only on the first buy transaction of the GStocks client.
4. The Incentive will be credited to the GStocks PH wallet of the GStock client within two (2) business days after confirmation of the trade by the Company.
5. The Incentive credited to the GStocks PH wallet shall not be withdrawable.
6. The Company, at its discretion, may exclude GStocks clients from the Program for violations or breaches of these Terms and Conditions or any terms relating to their brokerage account. No Incentive shall be credited to a GStocks client excluded from the Program.
7. In the event of any inconsistency with the terms of the brokerage account and the Terms and Conditions of the Program, the latter shall prevail.
8. Any dispute arising out of or in relation to the Program shall be decided by the Company and said decision shall be final.
9. The Company reserves the right to discontinue the Program at any time. To ensure objectivity, the Program will be reviewed after the pilot run and changes, if any, may be made by the Company at its discretion. The Program shall be effective on December 9, 2024 and terminate on January 8, 2024.
10. The Terms and Conditions of the Program have been submitted to the Securities and Exchange Commission and were approved on December 9, 2024
11. GCash reserves the right and has the authority to conduct audits and/or to deny rewards for incorrect user data, fraudulent transactions, infringement on the terms of use, or other illegal actions as mandated by Philippine law.
