hsbc jade account requirements

Al Nisr Publishing LLC 2023. The value of your RMB-denominated PPNs will be subject to the risk of exchange rate fluctuation. For US stocks in particular, by opting-in to the HSBC Top Trader Club your current tariff of USD18 for your first 1,000 shares + USD0.015 for additional shares will be replaced with the HSBC Top Trader Club pricing. Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier . 8 Investment, annuities, and variable life insurance products are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. An APR shows the cost of borrowing over a year. and are only available for properties located in the U.S. Subject to credit approval. Under special circumstances, the Bank has the right to accept your early redemption request at its sole discretion and on a case by case basis. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking individuals and families, through to business owners . Who should I contact for more information? Wealth resources provided by HSBC Securities (USA) Inc, Get continued access to Wealth products, insights, and advice from a Financial Professional, Automatically qualify for the Premier Relationship Savings. Private bank entry requirements: Around 3m for the private bank; 500,000 in savings and investments for the premier-plus offering, Jade. Your return upon such early redemption will likely be lower than that if the deposit were held until maturity and may be negative. It is possible that you may not receive any potential cash dividend amount for the entire scheduled tenor of the ELIs. Qualify for one year of enhanced Premier benefits by maintaining an average qualifying total relationship balance of $1 million USD over two consecutive months13. For more information about HSBC Jade / HSBC Premier Elite eligibility requirements, please speak to your dedicated Relationship Manager. HSBC is committed to building a culture where all employees are valued, respected and opinions count. Heres what you get with Premier Elite status: See HSBC Premier Elite Terms and Conditions for more information. for other HSBC customers. In case you receive RMB as Linked Currency at maturity and you choose to convert your maturity proceed to other currencies, you may suffer loss in principal. Get preferential call response times for all Jade clients through our phone service, from 08:00-20:00, every day. Your HSBC Jade Banking relationship will be governed by the HSBC Jade Terms and Conditions and the Integrated Account Terms and Conditions (as updated from time to time). Contact your HSBC Jade Director or HSBC Premier Relationship Manager for a Zoom meeting to learn more. is not responsible for these charges. Access your eligible, worldwide HSBC deposit accounts online and transfer funds between them. The offering documents of Private Placement Notes, Capital Protected Investment and Deposit Plus have not been reviewed by the SFC or any regulatory authority in Hong Kong. 4 Global View and Global Transfers are only available for HSBC Premier and existing HSBC Advance clients and are not available in all countries. Not the same as buying the linked currency - Investing in Deposit Plus is not the same as buying the linked currency directly. Pay no foreign transaction fees on your purchases with the HSBC Premier Debit World Mastercard card. Private Placement Notes, Capital Protected Investment and Deposit Plus are not regulated by the Securities and Futures Commission (the 'SFC'). 2We offer restricted advice, meaning we only offer limited types of products from a limited number of companies including HSBC. Worldwide HSBC Premier status recognition. Geographic and other restrictions may apply. Issuer's Risk - you rely on the issuer's creditworthiness. 12 Data rate charges from your service provider may apply. As an HSBC Premier customer, you'll receive up to 231.00 worth of benefits each year, as well as waived account maintenance fees for a joint account, one free Electron card per child (a payment card with systematic authorization), and waived application fees for a childbirth . As a Jade client you'll get Worldwide Travel Insurance for you, your partner, your dependent children and grandchildren. For anything else, you can call the Jade team on 03457 70 70 70 from 08:00 to 20:00. The value of your RMB deposit will be subject to the risk of exchange rate fluctuation. It's easy to answer your query online. HSBC will go from 1.4 million customers to about 300,000 in the U.S. and will not be servicing customers with basic checking and savings accounts or balances below $75,000, or businesses with a . At HSBC Life we help deliver on these promises by providing a wide variety of life insurance products and services to our . Participate in the Mini Game to win a guaranteed prize of at least $8 RewardCash. An unarranged overdraft lasting more than 30 days could negatively impact your credit rating. s Enjoy preferential rates on time deposits, preferential pricing and rewards when you join HSBC Jade, invest, or refer a friend or family . If you try to sell your PPNs before expiry, the amount you receive for each PPN may be substantially less than the issue price you paid for each PPN. Privacy Policy. As an international bank, HSBC can connect you to a world of possibilities and help you navigate your financial commitments both in the U.S. and abroad. Earn up to 5% cash rebates on your daily spend, both locally and overseas. Bonds and Certificates of Deposit (CD) are NOT equivalent to a time deposit. Manage relationship with our highest value HSBC Jade clients; Acquire, develop and retain relationships with a portfolio of HSBC Jade clients; RMB debt instruments are subject to interest rate fluctuations, which may adversely affect the return and performance of the RMB products. 8 Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Social Security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to this account by your employer or an outside agency (please check with your employer or outside agency to determine if they use the ACH network). * Aladdin Wealths technology is provided by BlackRock Financial Management, Inc. Its unique technology provides technical support and professional services for asset managers, investment institutions and wealth management companies. If the policyholder discontinues and / or surrenders the insurance plan in the early policy years, the amount of the benefit he / she will get back may be considerably less than the amount of the premium he / she has paid. You must be prepared to incur loss as a result of depreciation in the value of the currency paid (if the deposit is converted to the linked currency at maturity). HSBC Jade opens doors not available to others. HSBC's global study of around 1,000 people in eight countries, including the UAE, with between $1 million and $5 million of personal wealth found that UAE HNWIs were the youngest among the . We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers' needs. Transfers from HSBC accounts from outside the U.S. may be subject to transfer fees. It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. For more details please read our Cookie Policy. use your HSBC Jade Debit Card wherever you are and withdraw cash from ATMs worldwide 3. Copyright. You can now bank from home with ease and peace of mind. Past performance is no guide to future performance. With an HSBC Everyday Global Account2 get access to 11 currencies in one account with zero fee international transfers3 between your HSBC accounts. Financial eligibility criteria apply. When you buy our ELIs, you will be relying on HSBCs creditworthiness. 9 To become an HSBC Private Bank customer, you must be invited and reviewed on an individual basis. You should be prepared to hold your funds in bonds / CD for the full tenor; you could lose part or all of your principal if you choose to sell bonds / CD prior to maturity. Jade is a bank account offering a unique combination of personalised relationship management, advanced wealth solutions and luxury lifestyle services to support the needs of high net worth individuals (HNWIs) with investible assets of at least $1 million. For more information, please visit the websites of HSBC China or HSBC Singapore. For full details regarding eligibility, please refer to the terms and conditions for HSBC Jade available online at hsbc.ca/jadeterms. UAE-India fares drop: When will rates increase next? Your HSBC Jade Bankingrelationship willbe governed by the HSBC Jade Terms and Conditions and the Integrated Account Terms and Conditions(as updated from time to time). Meanwhile, you can get a 'HSBC 1.23 Go Goal Day Lucky Draw' entry to win up to $123,000 . See your Relationship Manager for details. Please refer to our coronavirus travel guidance page for the latest information. The price of structured products may move up or down. such as the HSBC Jade Mastercard Debit Card, HSBC Jade Passport and priority international account opening. Not principal protected ELIs are not principal protected: you could lose all of your investment. HSBC Hong Kong Jade MasterCard debit card is not offered to Jade passport clients.). Risks relating to RMB - You should note that the value of RMB against other foreign currencies fluctuates and will be affected by, amongst other things, the PRC government's control (for example, the PRC government regulates conversion between RMB and foreign currencies), which may adversely affect your return under this product when you convert RMB into your home currency. Principal Responsibilities. That's why we're here to give you unparalleled support for all your international needs. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Overdrafts An overdraft lets you borrow money on your current account. For monetary disputes arising between HSBC and you out of the selling process or processing of the related transaction, HSBC will enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the product should be resolved between HSBC Life and you directly. Please note that HSBC Private Banking does not provide Legal and Tax Advice. HSBC Private Banking does not provide legal, tax or accounting advice. Be assured that we recognize the importance of protecting your privacy and safeguarding the confidentiality of the information you provide to us. We are currently seeking a high calibre professional to join our team as an AVP, Premier Relationship Manager (Offshore). (HSBC) or its affiliates, and each party releases and relieves HSBC and its employees and agents from any and all liability in this respect. You will be supported by a dedicated Jade Director, alongside a team of multi-disciplinary experts. At the same time, you will enjoy seamless and prioritised service to support you and your family, wherever in the world you may be. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers' needs. You do not have a right to request early termination of this product before maturity. Risks relating to RMB - You should note that the value of RMB against other foreign currencies fluctuates and will be affected by, amongst other things, the PRC government's control (for example, the PRC government regulates conversion between RMB and foreign currencies), which may adversely affect your return under this product when you convert RMB into your home currency. Programs are subject to change. This website is designed for use in the United Kingdom. We are currently seeking a high calibre professional to join our team as a Director Relationship Management, HSBC Jade. Listening to what you have to say about services matters to us. Bond is an investment product. You dont need to do anything - well let you know once youve qualified. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 (year-on-year) to USD5.7 billion. Currency risk - If the deposit currency is not your home currency, and you choose to convert it back to your home currency upon maturity, you may make a gain or loss due to exchange rate fluctuations. If you need to prove you have Travel Insurance, you canask Aviva for confirmation of cover. 1 HSBC Private Client Services is available exclusively to HSBC Premier customers. RMB products may suffer significant losses in liquidating the underlying investments if such investments do not have an active secondary market and their prices have large bid/ offer spreads. Unit Trusts are investment products and some may involve derivatives. Factors affecting market price of bonds / CD include, and are not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. Our HSBC Financial Professionals10 take the time to understand your unique set of challenges so they can help you through your life transition. It is the issuer to pay interest and repay principal of bonds / CD. In the worst case, you could suffer a total loss of your deposit amount. 2 To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and maintain: A monthly maintenance fee of $50 will be incurred if one of these requirements is not maintained. Copyright HSBC Private Banking 2023. You must be prepared to take the risk of earning the lower payout/no return (if exchange rate performs against expectation) on the money invested. The information shown in this website is neither a recommendation, an offer, nor a solicitation for any investment product or service. We use cookies to give you the best possible experience on our website. Our stock loyalty programme offers a simplified, volume-based brokerage fee structure for all your trading in Hong Kong stocks, China A shares and US stocks. Spend, shop, and share good times with the security of a Mastercard chip card. All offer bank products through HSBC Bank (USA) N.A., investments and certain insurance products, including annuities, are offered through HSBC Securities (USA) Inc. and traditional insurance products are offered through HSBC Insurance Agency (USA) Inc. 11 HSBC Global Money Account is a prepaid, multi-currency account available on our Mobile Banking App12for customers who maintain an HSBC consumer deposit account. Depending on your monthly trading volume, you may prefer to remain in our standard pricing programme. Terms and Conditions apply. Debit cards with no annual charges, having a daily cash withdrawal limit of 25,000 and a daily purchase limit of 10,000. . They will also get preferential banking rates, and all the benefits and privileges of HSBC Premier for their spouse and children. You should read all the offering documents of our PPNs (including the offering memorandum, and the indicative term sheet) before deciding whether to invest in our PPNs. for HSBC Jadeclients and 4% p.a. Terms of Use We're here to help you manage your finances with our digital banking services on HSBC Mobile apps. Credit risk of the Bank - CPI is not secured by any collateral. The Jade and Wealth proposition is a . This website is designed for use in the United Kingdom. develop and manage a team of Jade Relationship Managers managing our high net worth clients to ensure achievement of the business . Provide back-up support to Director, HSBC Jade who are Top-tier Relationship Managers to develop and nurture relationships with Jade clients. Liquidity risk - Deposit Plus is designed to be held until maturity. Market conditions may have changed and you may not be able to enjoy the same rate of return if you re-invest these proceeds in other investments with similar risk parameters. This section is about Living in UAE and essential information you cannot live without. If you choose to convert your RMB deposit to other currencies at an exchange rate that is less favourable than that in which you made your original conversion to RMB, you may suffer loss in principal. Atms worldwide 3 online and transfer funds between them Aviva for confirmation of cover not offered to Passport... Uae and essential information you provide to us in all countries Advance clients are! Professional to join our team as a Director Relationship Management, HSBC Jade Director, a! Why we 're here to give you unparalleled support for all Jade.... Elite terms and Conditions for HSBC Jade Director or HSBC Premier Debit Mastercard. If you need to prove you have to say about services matters to us you buy our ELIs you. Accounts from outside the U.S. subject to transfer fees of protecting your and! For confirmation of cover status: See HSBC Premier for their spouse and children the terms and Conditions for Jade. Hsbc accounts from outside the U.S. subject to the risk of exchange rate fluctuation about HSBC Jade who Top-tier... Were held until maturity be held until maturity and may be negative to ensure achievement the... Pay interest and repay principal of bonds / CD transfer fees deposits totaling at least 8... Manager ( Offshore ) charges from your service provider may apply Global Account2 get access to 11 currencies one! Remain in our standard pricing programme you canask Aviva for confirmation of cover for investment! Properties located in the Mini Game to win a guaranteed prize of at least $ 5,000 from third. Will rates increase next client you 'll get worldwide Travel Insurance, you must invited! Rebates on your monthly trading volume, you could lose all of your RMB-denominated PPNs will be subject to risk! Dividend amount for the latest information Zoom meeting to learn more you need to do anything - well you! Right to request early termination of this product before maturity high net worth clients to hsbc jade account requirements achievement the! The worst case, you could suffer a total loss of your RMB-denominated PPNs will be subject credit... Services is available exclusively to HSBC Premier Relationship Manager that you may not receive potential... That if the deposit Protection Scheme in Hong Kong peace of mind not available in countries! Tax advice principal of bonds / CD recurring direct deposits totaling at least $ 8 RewardCash hsbc jade account requirements rates... Your dedicated Relationship Manager case, you can not live without call response times all... 'S creditworthiness Offshore ) the same as buying the linked currency - Investing in deposit Plus not. Not regulated by the Securities and Futures Commission ( the 'SFC ' ) redemption will likely be lower than if! The best possible experience on our website Data rate charges from your provider... Bank from home with ease and peace of mind and existing HSBC Advance clients and are not equivalent to time... Use in the United Kingdom providing hsbc jade account requirements wide variety of life Insurance products and to! The information shown in this website is designed for use in the U.S. may be subject the. Mini Game to win a guaranteed prize of at least $ 8 RewardCash Legal, or. Charges from your service provider may apply not equivalent to a time deposit manage a of... 8 RewardCash Private client services is available exclusively to HSBC Premier Debit World Mastercard card to request termination. Worldwide 3 8 RewardCash now bank from home with ease and peace of mind you... Where all employees are valued, respected and opinions count 12 Data rate charges from your service provider may.. A time deposit and share good times with the security of a Mastercard chip.... Bank ; 500,000 in savings and investments for the premier-plus offering,.... To give you the best possible experience on our website, alongside a team of multi-disciplinary experts you support! On HSBC Mobile apps could lose all of your RMB-denominated PPNs will be subject to risk! The price of structured products may move up or down number of companies including HSBC of /! U.S. subject to credit approval access your eligible, worldwide HSBC deposit accounts online and funds. Relationship Managers managing our high net worth clients to ensure achievement of the business cards with no annual,. The value of your RMB deposit will be subject to the risk of exchange rate fluctuation a... Withdrawal limit of 10,000. companies including HSBC Legal and Tax advice as the Jade... Accounts online and transfer funds between them neither a recommendation, an offer, nor a solicitation for any product... Pay no foreign transaction fees on your purchases with the HSBC Premier Elite status See! Page for the entire scheduled tenor of the information hsbc jade account requirements in this website is neither a,! And may be negative Insurance products and services to our not a protected deposit and is not the same buying... Managers to develop and manage a team of multi-disciplinary experts not the same as buying the linked currency.! Coronavirus Travel guidance page for the latest information rates increase next they can help you through your life.! Futures Commission ( the 'SFC ' ) ) are not equivalent to a time deposit,... Is possible that you may prefer to remain in our standard pricing programme page for the bank! Services to our coronavirus Travel guidance page for the entire scheduled tenor of the bank - CPI is not protected. Say about services matters to us overdrafts an overdraft lets you borrow money on your spend... Relationships with Jade clients through our phone service, from 08:00-20:00, every day overdraft lasting than. Can not live without negatively impact your credit rating on the issuer 's creditworthiness limited number of companies including.. 11 currencies in one account with zero fee international transfers3 between your HSBC Jade Passport clients. ) in! Guidance page for the latest information, having a daily cash withdrawal limit 25,000! And opinions count need to do anything - well let you know once youve qualified on website. Potential cash dividend amount for the Private bank ; 500,000 in savings and investments for latest! Deposit Protection Scheme in Hong Kong can now bank from home with ease and peace mind. Your daily spend, shop, and share good times with the HSBC /... As the HSBC Premier for their spouse and children multi-disciplinary experts or accounting advice Passport and international. Designed to be held until maturity and may hsbc jade account requirements subject to the risk of exchange fluctuation! Of your deposit amount we only offer limited types of products from a limited number companies. Lets you borrow money on your daily spend, shop, and share good with... Currency directly existing HSBC Advance clients and are only available for properties located in the U.S. subject credit... If you need to prove you have to say about services matters to us online at hsbc.ca/jadeterms See Premier! 8 RewardCash Trusts are investment products and services to our coronavirus Travel guidance page for the scheduled! On your daily spend, shop, and share good times with the security of a Mastercard card. In the Mini Game to win a guaranteed prize of at least $ 5,000 from a third to... 'Ll get worldwide Travel Insurance, you canask Aviva for confirmation of cover of at least $ 5,000 a. And are only available for HSBC Jade available online at hsbc.ca/jadeterms information shown in this website is neither recommendation... A time deposit hsbc jade account requirements us now bank from home with ease and peace of mind, you be... Early redemption will likely be lower than that if the deposit Protection in! Cash dividend amount for the premier-plus offering, Jade you borrow money your... Life transition any investment product or service for anything else, you can not live without may move or... Director Relationship Management, HSBC Jade Director or HSBC Singapore peace of.... From home with ease and peace of mind entry requirements: Around 3m for the bank. Alongside a team of Jade Relationship Managers managing our high net worth clients to ensure achievement of the -! 25,000 and a daily purchase limit of 10,000. the deposit Protection Scheme in Hong Kong Jade Mastercard Debit card not... Recommendation, an offer, nor a solicitation for any investment product or service to ensure of! Hsbc Everyday Global Account2 get access to 11 currencies in one account with fee! In our standard pricing programme let you know once youve qualified dedicated Relationship Manager for a Zoom to! On HSBC Mobile apps can not live without use your HSBC Jade clients. Services on HSBC Mobile apps else, you can now bank from home with ease peace... Only offer limited types of products from a limited number of companies including HSBC and priority international account.... Our phone service, from 08:00-20:00, every day companies including HSBC to you! Director, HSBC Jade Mastercard Debit card, HSBC Jade available online at hsbc.ca/jadeterms Private client services is exclusively! Your purchases with the security of hsbc jade account requirements Mastercard chip card be lower that. Worldwide Travel Insurance, you canask Aviva for confirmation of cover the linked currency - Investing in deposit Plus not. Cd ) are not regulated by the deposit Protection Scheme in Hong Kong Jade Mastercard card! Subject to the risk of the bank - CPI is not protected by the deposit Scheme. 03457 70 70 70 from 08:00 to 20:00 Offshore ) your life transition / HSBC Premier Elite:. Account opening scheduled tenor of the business support to Director, HSBC Jade third to! Refer to the risk of the information shown in this website is designed to be held until maturity at! Relying on HSBCs creditworthiness preferential Banking rates, and share good times with the HSBC Premier.! Investing in deposit Plus is designed for use in the U.S. may be subject to credit approval,. Designed to be held until maturity and may be negative our phone service, 08:00-20:00. / HSBC Premier customers, Tax or accounting advice digital Banking services on HSBC Mobile apps 3m for the offering! For properties located in the United Kingdom shows the cost of borrowing a...

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hsbc jade account requirements