hsbc jade account requirementshsbc jade account requirements

Meanwhile, you can get a 'HSBC 1.23 Go Goal Day Lucky Draw' entry to win up to $123,000 . Borrow only if you can repay! 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. Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. If bonds / CD are early redeemed, you may not be able to enjoy the same rates of return when you use the funds to purchase other products. Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States To learn more, speak with any HSBC representative. , you can have unparalleled access to preferential rates, tailored products, and an enhanced level of service in Hong Kong, mainland China and Singapore. 1 HSBC Jade is an enhancement of your HSBC Premier service. Enhanced levels of service, including preferential pricing, exclusive products, accelerated application processes and Jade Centres for private meetings with your Jade Director. There is no assurance of protection against a default by the issuer in respect of the repayment obligations. That's why HSBC Jade unlocks exclusive benefits and services to help you reach your financial goals, wherever you are in the world. 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. Per the HSBC website, these are the requirements to become a Premier account holder: HSBC Premier is available to you, as . If you wish to sell Bonds / CDs, HSBC may repurchase it based on the prevailing market price under normal market circumstances, but the selling price may differ from the original buying price due to changes in market conditions. Not covered by Investor Compensation Fund Our PPNs are not listed on any stock exchange and are not covered by the Investor Compensation Fund. We can't offer cover for certain medical conditions on this product. With unique products and services, such as the HSBC Jade MastercardDebit Card and HSBC Jade Passport, you will receiveunparalleled support for all your international needs. A good way to find out how we compare against other overdrafts or ways of borrowing is to look at the APR (annual percentage rate). The value of your investment will be subject to the risk of exchange rate fluctuation. Find out why HSBC Jade is so much more than just a bank account, and unlock new opportunities for your financial future. Can I benefit from HSBC Premier Elite Passport in more than one location? Priority consideration and exclusive access to higher Personal Loan limits. Dubai: HSBC UAE has launched Jade, a new bank account designed for high networth individuals (HNWIs). 4 Global View and Global Transfers are only available for HSBC Premier and existing HSBC Advance clients and are not available in all countries. The secondary market for bonds / CD may not provide significant liquidity or may trade at prices based on the prevailing market conditions and may not be in line with the expectations of holders of bonds / CD. HSBC Jade is a privileged and personalised service for clients who maintain Total Relationship Balance of at least HKD7.8M with us in Hong Kong. This can help in months when you have extra expenses. By continuing to browse this site, you give consent for cookies to be used. It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong. 2We offer restricted advice, meaning we only offer limited types of products from a limited number of companies including HSBC. HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of multiple mortgages. Not covered by Investor Compensation Fund Our ELIs are not listed on any stock exchange and are not covered by the Investor Compensation Fund. Please refer to our coronavirus travel guidance page for the latest information. Cash and investment assets that are not defined as eligible or that are held by an account holder with HSBC subsidiaries and affiliates in other countries, will not be taken into account in determining whether the Qualifying Balance has been met. 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. The Site is operated by HSBC Holdings plc and hosted by The Hongkong and Shanghai Banking Corporation Limited ("HBAP"). 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. Each Eligible Customer can only enjoy the Offer once during the Applicable Period. In the worst case scenario (e.g. Losses may be incurred as well as profits made as a result of buying and selling stocks. Pre-arrival cross-border account opening support 1. The exclusive HSBC Jade MastercardDebit Card supports 12 major currencies, allowing you to spend overseas, shop online and withdraw money from ATMs worldwide. As an international bank, HSBC can connect you with a world of possibilities and help you navigate your financial commitments both in the U.S. and abroad. If you are no longer an HSBC Jade customer in Hong Kong, you'll no longer have access to benefits that come with HSBC Jade or HSBC Premier Elite Passport. *For life insurance with savings or investment component: To determine your overall TRB in sole capacity, the applicable TRB of all your personal sole account(s) held or registered with the same joint accountholder(s) under the same name(s) and identity number(s), held with the same joint accountholder(s) will be included in the calculation. Bonds / CD are mainly medium to long term fixed income products, not for short term speculation. 1HSBC Jade is an enhancement of your HSBC Premier service. If you fall below HK$1M, there was a charge of HK$380 and it would be revoked if you remained below for 12 months. All credit applications are subject to status, our lending criteria and an assessment of the circumstances of the applicant. Contact your HSBC Jade Director or HSBC Premier Relationship Manager for a Zoom meeting to learn more. HSBC Jade clients have access to sophisticated investment solutions like high yield bonds, specialised sector mutual funds, alternative investments and investment finance solutions. Investment involves risk. 12 May 2017 at 3:42PM edited 26 July 2018 at 10:48AM in Budgeting & bank accounts. You'll have access to a range of luxury services and meaningful experiences covering all aspects of your life from travelling, fashion and wine to dining at renowned restaurants. In addition, the HSBC Jade concierge service, delivered by Ten Lifestyle Group PLC, offers access to a range of bespoke luxury experiences provided by a network of global and local partners. Limited market making arrangements are available and you may suffer a loss if you sell your PPNs before expiry - Our PPNs are designed to be held to their settlement date. 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. Because life never stops, we'll support you with retirement, insurance2 and more. The HSBC Jade debit card is plastic, not metal like the HSBC Jade World Elite Mastercard. Fees apply for these services. Please note that HSBC Private Banking does not provide Legal and Tax Advice. HSBC Bank USA, N.A. For more information, please reach out to your current HSBC Relationship Manager. Not principal protected some PPNs are not principal protected: you could lose all of your investment. We offer restricted advice, meaning we only offer limited types of products from a limited number of companies including HSBC. Risk Disclosure for Private Placement Notes (PPN): The following risks should be read together with the other risks contained in the "Risk Factors" section in the relevant offering documents of the PPNs. Fast-track your applications for unsecured lending requests, all managed by our lending specialist team. Our 24-hour telephone banking is subject to scheduled maintenance periods. Cash withdrawals at any bank ATM in the UAE with no fees. 2023. You dont need to do anything - well let you know once youve qualified. (Operational Risk / FIM requirements) Have a comprehensive knowledge of all HSBC policies and procedures (CDD, AML and . Accelerate your spending power with the Visa Infinite Jade Debit Card, providing you a daily purchase limit of AED 100,000 to access personalised privileges and services. This new initiative offers HSBC Jade's clients from China, Hong Kong and Singapore . In California, HSI conducts insurance business as HSBC Securities Insurance Services. It's easy to answer your query online. Ability to extend your Premier status up to four family members. HSBC Jade is more than just a banking service. California license #: OD36843. Unlock exclusive wealth benefits and international education privileges. subscription. Maintain a quarterly Total Relationship Balance 1 (TRB) of INR4,000,000 (Rupees forty lakh only); or. No collateral PPNs are not secured on any of our assets or any collateral. Hold HSBC Jade customer status, available to customers who maintain a balance of $1 million in qualifying accounts. This product (if denominated in RMB) will be denominated and settled in RMB deliverable in Hong Kong, which is different from that of RMB deliverable in mainland China. 2 A monthly maintenance fee may apply if certain requirements are not maintained. Ability to hunt, source and onboard new-to-bank customers while deepening . Deposit products are offered in the U.S. by HSBC Bank USA, N.A. If the exchange rate of the currency pair performs against expectation at the fixing time on the fixing date, you can only earn the minimum payout of the structure. Borrowers must meet program qualifications. If you try to sell your ELIs before expiry, the amount you receive for each ELI may be substantially less than the issue price you paid for each ELI. The Plan is not equivalent or similar to any kind of bank deposit or bank savings account. Have at least $75,000 in total deposits and/or investments.7. Legal Processing fees may apply. There may not be any active or liquid secondary market. minimum balance requirement) Jade Exclusive Investment Products & Services . Some services are not available in certain locations. Changes in the market price of the reference asset may not lead to a corresponding change in the market value of, or your potential payout under, the PPNs. . Market risk - The return of CPI will depend upon the exchange rates of currency pair against trigger rate at the fixing time on the fixing date. When youre Premier, your family is Premier too with access to global Premier privileges and preferred rates for up to four family members. Make online transactions in eight different currencies from the convenience of the HSBC Mobile Banking App with your Global Money Account. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. HSBC is committed to building a culture where all employees are valued, respected and opinions count. There may be a time lag before the value of certain investment transactions (i.e. If the issuer defaults, the holder of bonds / CD may not be able to receive back the interest and principal. and are only available for property located in the U.S. Subject to credit approval. Overdrafts An overdraft lets you borrow money on your current account. This link will open in a new window, Electric Vehicle Personal Instalment Loan, Submit documents for Credit Limit Increase, Submit documents for Cash Instalment Plan, Submit documents for the 100% Personal Loan Guarantee Scheme, Explore Financial Planning & Wealth Management, Instant RewardCash redemption at merchants, And your nearest Express Banking location, Careers, media, investor and corporate information, a dedicated Relationship Manager to help manage your financial needs, selected exclusive products, preferential rates, discounts, fee waivers and other upgraded services across banking, investment and insurance (Note: The HSBC Hong Kong Jade MasterCard debit card is not included), an HSBC Jade dedicated service line with your calls being prioritised and answered by our senior customer service officers. Book your appointment Or call (852) 2233 3377 . 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. Available only on U.S. non-HSBC ATM transactions initiated from HSBC Premier checking, Premier Asset Management, HSBC Premier Savings, HSBC Premier Promotional Savings, and HSBC Premier Relationship Savings. No HSBC fees on everyday banking transactions1 and a $50 monthly maintenance fee unless the eligibility criteria are met.2. Rates of exchange may cause the value of investments to go up or down. If you're already an HSBC Jade client, you can continue to use your account as usual. Not a time deposit Deposit Plus NOT equivalent to, nor should it be treated as a substitute for, time deposit. They will also get preferential banking rates, and all the benefits and privileges of HSBC Premier for their spouse and children. Copyright. Eligibility. In the United States, HSBC Private Banking offers banking services through HSBC Bank USA, N.A., Member FDIC, trust services through HSBC Bank USA, N.A., Delaware trust services through HSBC Bank USA, N.A. 78 upvotes. Financial eligibility criteria apply. Backed by a team of experts, a dedicated Relationship Director helps Jade clients create their own wealth strategy by leveraging HSBC Portfolio Advisory service to build investment exposure across different asset classes and geographies. I am eligible if I meet one of the following: If you'd like to apply for a joint Premier checking account, please contact our International Banking Center at 1.877.850.4722 or request a call back. What is HSBC Jade Passport / HSBC Premier Elite Passport? Eligibility: Total Relationship Balance of HKD7,800,000 or more. Important information about procedures for opening a new account. Learn more about the benefits of HSBC Global Private Banking from Mark Pittsey, Head of Global Private Banking for the Americas. developing and retaining quality client . The value of your RMB-denominated ELIs will be subject to the risk of exchange rate fluctuation. 3 You may link qualifying accounts to help avoid some fees and extend relationship benefits to those accounts. They're designed to help you compare one credit product (like a loan or an overdraft) against another more easily. Investment Return Risk It is possible that you may not receive any potential cash dividend amount for the entire scheduled tenor of the PPNs. Before proceeding, please refer to the full Disclaimer and the Terms and Conditions. Access to U.S. Manage relationship with our highest value HSBC Jade clients; Acquire, develop and retain relationships with a portfolio of HSBC Jade clients;

Yates High School Principal,