The Inner Circle Referral Program
Last updated date: 7 Feb, 2025
Note: With effect from and on 31 August 2024, the original end date of the Program was extended from 31 August 2024 to 31 December 2025 and Wristcheck has upgraded the Program to include Purchase Referral alongside the Consignment Referral.
These Terms and Conditions apply to the Referral Program (the “Program”) organized by WRISTCHECK EXCHANGE LIMITED (“Wristcheck”). The Program runs from 1 June 2024, 00:00 Hong Kong Time to 31 December 2025, 23:59 Hong Kong Time (the “Program Period”).
By participating in the Program, you (“Participant”) agree to these Terms and Conditions. The Wristcheck Privacy Policy, Wristcheck Warranty, Wristcheck Terms & Conditions, Buyer Terms and Conditions and Seller Terms and Conditions shall continue to apply as applicable. If there is any inconsistency between these Terms and Conditions and any other terms, these Terms and Conditions shall prevail.
1. Participants (“Referrer”) must sign up via designated link https://wristcheck.com/wristcheck-refer-a-friend?srsltid=AfmBOoq3-TJZ9y-FvzKvXOWmt5IujdZaMrasuQQH8sYX34drqc_Pszes to participate in the program.
2. Each Referrer shall read these Terms and Conditions carefully before signing up for the Program.
3. To sign up for the Program, each Referrer is required to fill in personal and contact details for purposes of administering this Program (including but not limited to distributing the Referrer Reward), subject to our Privacy Policy.
4. Upon successful sign-up for the Program, each Referrer will receive a unique referral code (“Referral Code”) from Wristcheck by WhatsApp and/or email and/or redemption card.
5. Each Referrer may share the Referral Code with family and friends who have not used any services of Wristcheck. Each Referrer shall not make it available to any third party through any private or public sale.
6. Upon a Successful Referral (as defined below), each Referrer will receive the Referrer Reward (as defined below), subject to the terms and conditions set forth herein.
7. Participation in this Program will not affect the eligibility of the Buyer and/or the Referee to receive any welcoming offers for his/her First Purchase with Wristcheck.
8. Each Referrer may refer his friends or family who received the Referral Code from the Referrer (“Referee”) to apply such Referral Code to:
(a) conduct his/her first consignment or first batch of consignment (“First Consignment Engagement”) with Wristcheck (“Consignment Referral”) during the Program Period; and/or
(b) make his/her First Purchase of a watch or first batch of purchases of watches (“First Purchase”) by whatever means at Wristcheck (“Purchase Referral”) during the period from 31 August 2024, 00:00 Hong Kong Time to 31 December 2025, 23:59 Hong Kong Time (“Consignment Referral Program Period”);
Please note that,
(i) any person who has previously made any purchase (regardless of the transaction amount) at Wristcheck, whether online or in-store shall not be eligible to become a Referee;
(ii) any person who has previously been introduced to Wristcheck by any other parties shall not be eligible to become a Referee;
(iii) any person who has previously consigned any products (regardless of whether a transaction has been completed) with Wristcheck shall not be eligible to become a Referee; and
(iv) Wristcheck has the sole and absolute discretion to determine whether an individual is eligible to become a Referee based on the transaction records maintained by Wristcheck.
9. No reward will be earned by the Referrer and/or the Referee unless a Successful Referral has occurred. A “Successful Referral” occurs if,
For Consignment Referral
(i) during the Program Period or at any time prior to the Program Period, the Referrer has signed up for a Wristcheck Account (see details in sections 3 and 9 of the Wristcheck Terms and Conditions in relation to the account);
(ii) during the Program Period, the Referee has applied the Referral Code before he/she initiates his/her First Consignment Engagement with Wristcheck by (a) notifying Wristcheck of his/her application of the specific Referral Code in writing (either by WhatsApp or email) or (b) presenting the specific Referral Code to Wristcheck’s watch specialist (applicable to offline consignments only);
(iii) during the Program Period, Wristcheck has received the full payment from the buyer (“Buyer”) for the sale of a watch under the Referee’s Consignment Engagement (“Successful Transaction”); and
(iv) the Buyer has not requested a return of the relevant watch within the 7-day Buyer Return Period (if applicable). For details on the Buyer Return Period, please see our Buyer Terms and Conditions;
For Purchase Referral
(i) during the Program Period or at any time prior to the Program Period, the Referrer has signed up for a Wristcheck Account (see details in sections 3 and 9 of the Wristcheck Terms and Conditions in relation to the account); and
(ii) during the Consignment Referral Program Period, the Referee has applied the Referral Code before he/she makes his/her First Purchase at Wristcheck by (a) presenting the specific Referral Code to Wristcheck’s watch specialist (applicable to offline purchases only) or (b) notifying Wristcheck of his/her of the Referee’s name and contact number in writing;
(iii) during the Consignment Referral Program Period, Wristcheck has received the full payment from the Referee for the sale under the Referee’s First Purchase (“Successful Transaction”); and
(iv) the Referee has not requested a return of the relevant watch within the 7-day Buyer Return Period (if applicable). For details on the Buyer Return Period, please see our Buyer Terms and Conditions.
10. Upon each Successful Referral, subject to these Terms and Conditions, Wristcheck will notify the Referrer about the Successful Referral.
11. The Referrer will be given 48 hours to choose either of the following rewards
(a) For Watch under USD 250,000:
(i)cash equivalent to 1% of the Gross Merchandise Volume from each watch in each Successful Transaction; OR
(ii) Shopping Credits equivalent to 1.2% of the Gross Merchandise Volume from each watch in each Successful Transaction.
(b) For Watch above USD 250,000:
(i) cash equivalent to 0.5% of the Gross Merchandise Volume from each watch in each Successful Transaction; OR
(ii) Shopping Credits equivalent to 0.6% of the Gross Merchandise Volume from each watch in each Successful Transaction.
Either reward is referred to as the (“Referrer Reward”).
The “Gross Merchandise Volume” refers to the final selling price of the Successful Transaction completed via Wristcheck. Wristcheck has the sole and absolute discretion to determine the Gross Merchandise Volume based on the transaction records maintained by Wristcheck.
12. Each Referrer’s eligibility for the Referrer Reward is not transferable or assigned to any other person.
13. The Referrer hereby agrees to the following terms and conditions applicable to the Shopping Credits:-
(a) the Shopping Credits are only valid for 12 months from the date of Successful Referral and will become invalid once expired;
(b) the Shopping Credits will be tied to the Referrer’s Wristcheck Account and are not transferable;
(c) the Shopping Credits shall not be refunded, exchanged, nor redeemed for cash or other prizes;
(d) the Shopping Credit cannot be used in conjunction with any other discounts;
(e) the Shopping Credits can only be used for purchases of watch(es) from Wristcheck (either online or offline) by the Referrer, it does not apply to any services and/or products other than watches;
(f) if the Referrer wishes to redeem his/her Shopping Credits, he/she shall apply for the Shopping Credit or inform Wristcheck of his/her use of the Shopping Credit during check-out of his/her next purchase(s) of watches from Wristcheck;
(g) if the price of the watch(es) to be purchased by the Referrer is higher than the amount of Shopping Credits, all (but not some) of the Shopping Credits will be consumed and the Referrer shall pay the remaining balances out of his/her own pocket; and
(h) if the price of the watch(es) to be purchased by the Referrer is lower than the amount of Shopping Credits, the entire amount equivalent to the said purchase will be deducted from the Shopping Credits and the Referrer may use the remaining Shopping Credits in his/her next purchase(s) of watches from Wristcheck, provided that the Shopping Credits are still valid.
14. The Referrer hereby agrees that (i) if the Referrer fails to indicate his/her choice of the Referrer Reward within 48 hours, the Referrer will not receive any Referrer Reward; and (ii) the Referrer's choice of Referrer Reward, once made, is final and cannot be changed.
15. If the Referrer earns a Referrer Reward under this Referral Program for a Purchase Referral, the Referrer shall not be eligible to receive any commission or other compensation on the same Purchase Referral under any prior commission agreement or arrangement between Wristcheck and the Referrer.
16. If the Referrer opts for cash, Wristcheck will distribute the Referrer Reward to the Referrer’s bank account (“Referrer’s Bank Account”) provided to the Referrer to Wristcheck within 5-10 working days from the date of Successful Referral. Beneficiary Name of the Referrer’s Bank Account must match the Referrer’s Wristcheck Username.
17. If the Referrer opts for Shopping Credits, Wristcheck will distribute the Referrer Reward to the Referrer’s Wristcheck Account within 5-10 working days from the date of Successful Referral.
18. Notwithstanding any provisions contained herein to the contrary, the Referrer shall not be eligible for the Referrer Reward if:
(a) the Buyer or Referee (as applicable) has returned the relevant watch pursuant to Wristcheck’s return policy (if applicable); and/or
(b) the Referrer has not provided Wristcheck with a valid bank account number which the Referrer himself/ herself is the bank account holder when Wristcheck attempts to deposit the Referrer Reward to the Referrer.
19. Wristcheck has the absolute right, without any compensation, to:
(a) suspend or terminate the Program for whatsoever reasons;
(b) change and modify these Terms and Conditions (including but not limited to extending the Program Period) at any time; and/or
(c) disqualify any Participants for whatsoever reasons Wristcheck deems fit (including but not limited to any Participants who are in breach of these Terms and Conditions, provided any invalid or incorrect information during the process of registration of the Wristcheck Account, and/or committed any illegal, dishonest, or improper acts in participation of the Program).
20. Wristcheck reserves the right to impose usage quotas on use of the Referral Code at its sole discretion.
21. To the extent permitted by laws, Wristcheck, its affiliates, sponsors, agents and their respective directors, officers, employees, agents and assignors shall not be liable and/or responsible to any Participant for the following events. The Participant agrees to release, discharge and hold harmless the aforementioned parties for:
(a) the Referrer’s failure to redeem the Referrer Reward as a result of any network, communication, or system error, interruption and/or failure;
(b) the Referrer’s failure to provide valid bank account details to receive the Referrer’s Reward;
(c) any losses, damages, costs, expenses and/or claims suffered by the Participant arising out of or in connection with the Program; and/or
(d) any other matters outside Wristcheck’s reasonable control.
22. Capitalized terms used herein without definition shall have the meanings given to them in the Wristcheck Terms & Conditions.
23. Unless the context otherwise requires words denoting the singular shall include the plural and vice versa and words denoting any one gender shall include all genders.
24. The headings of these Terms and Conditions are for ease of reference and shall not affect the constructions or interpretation of these Terms and Conditions.
25. If any of the provisions in these Terms and Conditions are deemed invalid, illegal, or for any reason becomes unenforceable, that provision will be ineffective and deemed severable and will not affect the validity and enforceability of the remaining provisions of these Terms and Conditions.
26. Any person other than the parties to these Terms and Conditions shall have no rights under these Terms and Conditions and shall not enforce these Terms and Conditions under the Contracts (Rights of Third Parties) Ordinance (Cap. 623).
27. These Terms and Conditions are governed by and shall be construed in all respects in accordance with the laws of the Hong Kong Special Administrative Region all the parties hereby submit to the exclusive jurisdiction of the Hong Kong courts in connection with any matters arising hereunder.
28. If there is any dispute over the Program or these Terms and Conditions, Wristcheck shall make the final decision and such decision shall be binding on the Participants.