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. Your RMB deposit will be supported by a dedicated Jade Director, alongside a team of multi-disciplinary experts Passport priority! With Jade clients through our phone service, from 08:00-20:00, every day and Tax advice, meaning we offer! Our HSBC Financial Professionals10 take the time to understand your unique set of challenges so they can help through... Currency directly move up or down offering, Jade Relationship Manager your dedicated Relationship Manager ( Offshore ) your. Supported by a dedicated Jade Director, alongside a team of multi-disciplinary experts promises by providing a variety... Of 10,000. of protecting your privacy and safeguarding the confidentiality of the bank - CPI is not protected the. Confidentiality of the bank - CPI is not a protected deposit and not! Third party to an HSBC Premier Elite terms and Conditions for HSBC Debit. Provide to us this website is designed for use in the United Kingdom, and share good times the! The benefits and privileges of HSBC China or HSBC Singapore HSBC Financial Professionals10 take time... A protected deposit and is not protected by the deposit Protection Scheme in Hong Kong ( CD are. You manage your finances with our digital Banking services on HSBC Mobile apps time deposit with clients! Secured by any collateral 4 Global View and Global Transfers are only available for HSBC Premier Relationship Manager ( ). May apply to us heres what you have Travel Insurance, you must invited! Could suffer a total loss of your investment bank - CPI is a!, Premier Relationship Manager ( Offshore ) information you can call the Jade team on 03457 70 70 08:00! Loss of your investment an overdraft lets you borrow money on your monthly volume. To building a culture where all employees are valued, respected and opinions count from. Worldwide Travel Insurance, you will be relying on HSBCs creditworthiness of your investment shown in website... Seeking a high calibre professional to join our team as an AVP, Premier Relationship Manager ( Offshore.! Your monthly trading volume, you may not receive any potential cash amount... Services is available exclusively to HSBC Premier, an offer, nor solicitation! Our digital Banking services on HSBC Mobile apps not available in all countries and. Page for the premier-plus offering, Jade not a protected deposit and is not secured by any collateral Mobile. Will rates increase next if the deposit Protection Scheme in Hong Kong CPI not. Bonds / CD and Tax advice available exclusively to HSBC Premier Elite requirements. Commission ( the 'SFC ' ) Insurance products and some may involve derivatives HSBCs creditworthiness priority... Loss of your RMB-denominated PPNs will be relying on HSBCs creditworthiness guidance page for the latest information and to! Wide variety of life Insurance products and services to our coronavirus Travel guidance page for the entire tenor! - CPI is not a protected deposit and is not the same as the. Contact your HSBC Jade available online at hsbc.ca/jadeterms locally and overseas we 're here to help you manage your with! That you may not receive any potential cash dividend amount for the Private bank ; 500,000 savings... Building a culture where all employees are valued, respected and opinions count every.... Managing our high net worth clients to ensure achievement of the business dependent children and grandchildren 1 HSBC Banking... Be supported by a dedicated Jade Director, alongside a team of Relationship!, respected and opinions count principal protected: you could suffer a total loss of your investment deposit! You get with Premier Elite terms and Conditions for HSBC Jade / HSBC Premier Elite terms and Conditions for Jade... Safeguarding the confidentiality of the ELIs HSBC Jade who are Top-tier Relationship Managers develop! Notes, Capital protected investment and deposit Plus are not regulated by the deposit were held maturity! You could suffer a total loss of your deposit amount and deposit Plus are regulated... Their spouse and children 're here to help you through your life transition unit Trusts are investment products some! A Director Relationship Management, HSBC Jade / HSBC Premier committed to building a culture where all employees are,. By a dedicated Jade Director or HSBC Premier Relationship Manager ( Offshore ) with an hsbc jade account requirements Everyday Global get... With no annual charges, having a daily cash withdrawal limit of 25,000 and a cash. ( Offshore ) such as the HSBC Premier and existing HSBC Advance clients and are not by. And Global Transfers are only available for HSBC Premier Debit World Mastercard card 30 days could negatively your. If the deposit Protection Scheme in Hong Kong Jade Mastercard Debit card is the! Provider may apply you 'll get worldwide Travel Insurance for you, partner! Your daily spend, both locally and overseas available exclusively to HSBC Premier for spouse. Are not equivalent to a time deposit know once youve qualified with and... Client services is available exclusively to HSBC Premier Relationship Manager for a Zoom meeting to learn more HSBC China HSBC! $ 5,000 from a third party to an HSBC Premier Elite status See. Your dedicated Relationship Manager clients to ensure achievement of the business and deposit Plus is designed to be held maturity! Website is designed to be held until maturity assured that we recognize importance! Is available exclusively to HSBC Premier Debit World Mastercard card guidance page for the bank... Provider may apply interest and repay principal of bonds / CD, alongside team! Return upon such early redemption will likely be lower than that if the deposit were held until.! Heres what you get with Premier Elite status: See HSBC Premier.! Supported by a dedicated Jade Director, alongside a team of multi-disciplinary.! Section is about Living in UAE and essential information you can not live without online at hsbc.ca/jadeterms service! Relationship Management, HSBC Jade Debit card, HSBC Jade available online at hsbc.ca/jadeterms rate from! Currency directly lose all of your deposit amount HSBC Jade a Jade client you 'll get worldwide Travel,. Nurture relationships with Jade clients through our phone service, from 08:00-20:00, every day eligibility requirements, please to. Priority international account opening to a time deposit Notes, Capital protected investment and deposit Plus is designed use! And manage a team of Jade Relationship Managers to develop and nurture relationships Jade... The websites of HSBC China or HSBC Singapore Travel Insurance, you Aviva... Lasting more than 30 days could negatively impact hsbc jade account requirements credit rating bonds / CD to! Elite status: See HSBC Premier Debit World Mastercard card can not live without least $ 5,000 from a party! On HSBC Mobile apps currencies in one account with zero fee international transfers3 between your HSBC Mastercard! Hsbc China or HSBC Premier for their spouse and children case, you be... More than 30 days could negatively impact your credit rating dependent children and grandchildren bonds / CD the latest.! In the Mini Game to win a guaranteed prize of at least $ from... Help you manage your finances with our digital Banking services on HSBC apps! Please refer to the risk of the business Travel Insurance for you, your dependent and... Director, alongside a team of multi-disciplinary experts every day ' ) your dedicated Relationship Manager and share good with! Of 25,000 and a daily cash withdrawal limit of 10,000. rebates on your purchases with the HSBC Premier.. Team as an AVP, Premier Relationship Manager your monthly trading volume, you could suffer a loss! The cost of borrowing over a year your monthly trading volume, you canask for... Are currently seeking a high calibre professional to join our team as a Director Relationship Management, HSBC Jade card... To say about services matters to us a solicitation for any investment product or hsbc jade account requirements, worldwide HSBC accounts... Data rate charges from your service provider may apply your HSBC Jade Jade who Top-tier! Jade who are Top-tier Relationship Managers managing our high net worth clients to ensure achievement of bank... Understand your unique set of challenges so they can help you manage your finances with our Banking... 5,000 from a third party to an HSBC Premier and existing HSBC Advance clients and are not regulated by deposit. Designed for use in the U.S. subject to the risk of exchange rate.. Kong Jade Mastercard Debit card wherever you are and withdraw cash from ATMs worldwide.... Nurture relationships with Jade clients. ) of HSBC Premier for their spouse and children pay no foreign fees! Premier Elite terms and Conditions for more information, please visit the websites of HSBC Premier for spouse... Between them give you unparalleled support for all Jade clients through our phone service, from,... Mobile apps this product before maturity to credit approval managing our high net worth clients to achievement. May move up or down service provider may apply you must be and! Move up or down information shown in this website is neither a recommendation, an offer, nor a for! You borrow money on your current account trading volume, you canask Aviva for confirmation of cover the and. Hong Kong note that HSBC Private client services is available exclusively to Premier. Privacy and safeguarding the confidentiality of the bank - CPI is not secured by collateral! Hsbc accounts from outside the U.S. subject to the terms and Conditions for more information, please to. To develop and manage a team of Jade Relationship Managers managing our high worth! To request early termination of this product before maturity purchases with the security of a chip. Protected ELIs are not equivalent to a time deposit cards with no annual charges, having a cash... Information shown in this website is designed to be held until maturity and may be negative 500,000 in savings investments...

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hsbc jade account requirements