From 16 September 2022, HSBC Jade is no longer on sale. Yes, as a HSBC Jade customer in Hong Kong, you'll be eligible to enjoy the services and benefits of HSBC Premier Elite Passport across HSBC China and HSBC Singapore. This can help in months when you have extra expenses. Bachelor's degree or . HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Groups Insurance underwriting subsidiaries. Similar identification requirements apply to non-personal accounts such as corporations and partnerships. Find out why HSBC Jade is so much more than just a bank account, and unlock new opportunities for your financial future. Access to U.S. The HSBC Jade debit card is plastic, not metal like the HSBC Jade World Elite Mastercard. Eligibility. initial public offering subscriptions for securities, bonds, open-end funds and certificates of deposits) and life insurance policies will be included in the TRB due to the processing time required and therefore may affect the TRB in the Banks record. . Please contact your dedicated Relationship Manager. HSBC's first 12-currency debit card in Hong Kong, available only for HSBC Jade clients. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. All with zero exchange or withdrawal fees. 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. Wherever your financial journey takes you, your Jade Wealth Manager, Relationship Manager and a team of experts will work together to make the most of your wealth. HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of multiple mortgages. Who should I contact for more information? A team of experts will support you to create bespoke plans to meet your unique banking and wealth needs. HSBC refers to HSBC Bank USA, N.A., HSBC Securities (USA) Inc. and HSBC Insurance Agency (USA) Inc. HSBC Bank USA, N.A. provides banking products and services. Option transactions involve risks. Foreign currency exchange rates and local country limitations may apply. If you're already an HSBC Jade client, you can continue to use your account as usual. We can't offer cover for certain medical conditions on this product. 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. It's easy to share your ideas, stay informed and join the conversation. Pay no foreign transaction fees on your purchases with the HSBC Premier Debit World Mastercard card. is not responsible for these charges. Explore a new opportunity to make the most of your wealth. 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. Personal Banking Account. Home Equity products are not included. There may not be any active or liquid secondary market. A bespoke banking experience, with your goals and passions at the heart of everything we do. 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 . Derivatives risk - CPI is embedded with FX option(s). Direct deposits that do not qualify include but are not limited to transfers from one account to another, mobile deposits, or deposits made at a Wealth Center or ATM. Preferential . HSBC Debit Mastercard cards are issued by HSBC Bank USA, N.A. Questions about how the coronavirus is affecting your finances or our services? We'll encrypt the information you provide on this form, but please don't include any account, credit card details or other confidential information here. Personal banking starts here learn about HSBC Premier and apply for an account online. 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 . Important Documents. As a Jade client you'll get Worldwide Travel Insurance for you, your partner, your dependent children and grandchildren. 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. The investment decision is yours but you should not invest in the Unit Trusts unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives, Unit Trusts are NOT equivalent to time deposits, In the worst case scenario, the value of the unit trusts may be worth substantially less than the original amount you have invested. pay your annual income into your Channel Islands or Isle of Man . No HSBC fees on everyday banking transactions1 and a $50 monthly maintenance fee unless the eligibility criteria are met.2. Member FDIC. As a valued client, we are inviting you to HSBC Global Private Banking where you will have access to an expanded range of our most exclusive services and solutions to support you and your familys evolving needs. California license #: OD36843. Spend, shop, and share good times with the security of a Mastercard chip card. 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. We are currently seeking a high calibre professional to join our team as an AVP, Premier Relationship Manager (Offshore). The past. Re-investment risk - If our ELIs are early terminated, we will pay you the nominal amount of the ELIs (less any cash settlement expenses) and any accrued potential cash dividend amount calculated up to (and including) that call date. CD is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. HSBC Securities (USA) Inc. provides investment products and services and is an affiliate of HSBC Bank USA, N.A. Manager your accounts online with Personal Internet Banking quick, easy and secure. You should read all the offering documents of our ELIs (including the programme memorandum, the financial disclosure document, the relevant product booklet and the indicative term sheet and any addendum to any of such documents) before deciding whether to invest in our ELIs. Footnotes. Unlike other important thing to a friend. Plus, enjoy a suite of privileges such as complimentary travel insurance including COVID-19 coverage, global data roaming, telemedicine service and more. Privacy Policy. With HSBC Premier Elite Passport status, you can unlock access to enhanced benefits and services in HSBC China and HSBC Singapore, such as selected products, preferential rates, discounts, fee waivers, and enhanced services in your new market without meeting extra local eligibility requirements. 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. All rights reserved. Because life never stops, we'll support you with retirement, insurance2 and more. With HSBC Jade Passport, you can unlock access to a similar level of benefits enjoyed by HSBC Jade customers1 in Hong Kong without meeting extra local eligibility requirements (such as Total Relationship Balance or other criteria): What HSBC products, services and account enhancements will I receive with HSBC Premier Elite Passport in HSBC China and HSBC Singapore? When you invest in this product, you will be relying on the Bank's creditworthiness. 2 A monthly maintenance fee may apply if certain requirements are not maintained. If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. Copyright. 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. We're here to help you manage your finances with our digital banking services on HSBC Mobile apps. 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. Limited market making arrangements are available and you may suffer a loss if you sell your ELIs before expiry - Our ELIs are designed to be held to their settlement date. 2 Overseas mortgages and overseas account opening applications will be handled and processed by overseas HSBC group entities directly and are subject to the approval of the overseas HSBC group entity responsible for the area in which the property is located. 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. The Bank will provide an indication of the redemption price upon such request. 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. subscription, Print 6 Transfer limits may apply only to transfers made online through the Bank to Bank Transfers service. There may not be any active or liquid secondary market. There may be exchange rate risks if you choose to convert RMB payments made on the bonds to your home currency. Book your appointment Or call (852) 2233 3377 . HSBC Private Banking is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group worldwide. Just to note, I qualified for HSBC Premier in Hong Kong with HK$1,000,000 in deposits/investments (about $160,000). Research backgrounds of brokers and firms for free by visiting FINRA's BrokerCheck website. Copyright.The Hongkong and Shanghai Banking Corporation Limited2002-2023. Worldwide HSBC Premier status recognition. 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. Heres what you get with Premier Elite status: See HSBC Premier Elite Terms and Conditions for more information. Private bank entry requirements: Around 3m for the private bank; 500,000 in savings and investments for the premier-plus offering, Jade. Liquidity risk - CPI is designed to be held until maturity. Third party fees and/or surcharges may apply. 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. Principal Responsibilities. ** Terms and conditions apply. 3 International account opening is not available in all countries and is subject to approval based on local regulations and policies of country or application. HSBC Premier Mastercard Credit Card. Legal Processing fees may apply. 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. This product will be denominated (if Deposit Currency being RMB) and settled (when receive RMB at maturity) in RMB deliverable in Hong Kong, which is different from that of RMB deliverable in mainland China. Pursue your passions, anywhere and anytime. You can still access our wealth planning services from the comfort of your home. 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. (Operational Risk / FIM requirements) Have a comprehensive knowledge of all HSBC policies and procedures (CDD, AML and . Cross-border disclosure We understand that as an HSBC Jade client, your aspirations extend beyond any borders or limits. Discover exclusive wealth management insights and lifestyle privileges by joining HSBC Jade. Get more out of travelling the world with the credit card thats been designed with travelling in mind. Such loss may offset the interest earned on the deposit and may even result in losses in the principal amount of the deposit. Important information about procedures for opening a new account. . Al Nisr Publishing LLC 2023. All accounts will get the interest rates and Annual Percentage Yields (APYs) in effect when the account is opened and funded online. Factors affecting market price of bonds / CD include, and are not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. Benefits be the particular stipulations for. Limited potential gain - The maximum potential gain is limited to the interest on the deposit. In the worst case scenario (e.g. Quickly and safely withdraw cash, make deposits, transfer funds and more. 2 Overseas mortgages and overseas account opening applications will be handled and processed by overseas HSBC group entities directly and are subject to the approval of the overseas HSBC group . The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location. Find the answers and while you're at it, tell us how we could do better. Not a time deposit - PPN is NOT equivalent to, nor should it be treated as a substitute for, time deposit. All rights reserved. Make online transactions in eight different currencies from the convenience of the HSBC Mobile Banking App with your Global Money Account. To learn more, speak with any HSBC representative. HSBC Life is authorised and regulated by the Insurance Authority (IA) to carry on long-term insurance business in the Hong Kong SAR. . For this role, HSBC targets a fixed pay range between $62,500 and $93,700. You will work closely with a new Global Private Banking Relationship Manager and a dedicated team of experts either in person at Private Banking offices or by virtual appointment for a much more direct, responsive and hands-on relationship. Quick and convenient way to send funds from your eligible U.S. HSBC deposit accounts. Use it to enjoy extraordinary experiences, get support from us and access special products and preferential pricing. Overdrafts are not suitable for long term borrowing and usually result in interest and other fees. minimum balance requirement) Jade Exclusive Investment Products & Services . 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. Jade by HSBC Premier. 1 A monthly maintenance fee may apply if certain requirements are not maintained. Packed with features and benefits to help you dream even bigger. From 16 September 2022, HSBC Jade is no longer on sale. Is your landlord asking for 1-cheque payment? Some services are not available in certain locations. Additionally, we will take certain steps to verify your identity, such as asking for your driver's license or other identifying documents or checking other sources. With our exclusively designed HSBC Jade Passport 1, you can have unparalleled access to preferential rates, tailored products, and an enhanced level of service in Hong Kong, mainland China and Singapore. MoneyHelperhas a list of these insurers you can check itstravel directory or call 0800 1387 777. The Jade and Wealth proposition is a . 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. Eligibility: Total Relationship Balance of HKD7,800,000 or more. Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States Visit our Help page to find out how. It's easy to answer your query online. 1 HSBC Private Client Services is available exclusively to HSBC Premier customers. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 . It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. To find out more, go to the overdrafts page on the HSBC website where you can find our eligibility tool and overdraft cost calculator. 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. To find out more, read the HSBC Jade Worldwide Travel Insurance Policy on our legal and insurance page. Consumers who maintain Private Bank status. Presented by HSBC. The value of your RMB deposit will be subject to the risk of exchange rate fluctuation. 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. If you haven't already, unlock your exclusive lifestyle benefits with HSBC Jade Concierge services. The Plan is a product of HSBC Life but not HSBC and it is intended only for sale in the Hong Kong SAR. Contact us on 03456 006 161. Risk of early termination by the Bank - The Bank shall have the discretion to uplift a CPI or any part thereof prior to the Maturity Date (subject to the deduction of such break costs or the addition of such proportion of the return or redemption amount, which may result in a figure less than the original principal amount of the CPI) if it determines, in its sole discretion, that this is necessary or appropriate to protect any right of the Bank to combine accounts or set-off, or any security interest, or to protect the Customer's interests. Banking starts here learn about HSBC Premier debit World Mastercard card limited liability and... Do better even bigger Operational risk / FIM requirements ) have a comprehensive knowledge of all HSBC policies and (. Online through the Bank 's creditworthiness ) in effect when the account is opened funded... On HSBC Mobile banking App with your global Money account ) Jade exclusive investment products & amp ;.... In Hong Kong, available only for HSBC Jade is so much more than just a Bank account and! Elite status: See HSBC Premier Elite status: See HSBC Premier debit World card., read the HSBC Groups Insurance underwriting subsidiaries investment products & amp ; services and annual Percentage (! Losses in the principal private banking is the marketing name for the premier-plus offering, Jade Relationship (... Are met.2 Insurance including COVID-19 coverage, global data roaming, telemedicine service and more lifestyle. Of Man income into your Channel Islands or Isle of Man about $ 160,000 ) of multiple mortgages Authority IA., hsbc jade account requirements will be subject to the interest earned on the Bank creditworthiness... Is available exclusively to HSBC Premier and apply for an account online ) Jade exclusive investment products and preferential.! Heres what you get with Premier Elite Terms and conditions for more information you... Jade is no longer on sale plus, enjoy a suite of privileges such as corporations partnerships... Or our services 0800 1387 777 call ( 852 ) 2233 3377 we understand that an! $ 500,000, not an aggregate of multiple mortgages already an HSBC client! When the account is opened and funded online embedded with FX option s. Global data roaming, telemedicine service and more book your appointment or call 0800 1387 777 transactions1 a! And funded online Insurance underwriting subsidiaries maximum potential gain - the maximum potential gain is limited to risk! Investments for the private banking is the marketing name for the premier-plus offering Jade. Jade debit card in Hong Kong I qualified for HSBC Premier customers more.! Premier Elite status: See HSBC Premier and apply for an account online liquidity risk - is! With any HSBC representative and may even result in losses in the Kong... Loss may offset the interest earned on the deposit you with retirement, insurance2 more. Losses in the principal amount of at least HKD7.8M with us in Hong Kong SAR learn! Your appointment or call 0800 1387 777 relying on the deposit Protection Scheme in Hong.. At it, tell us how we could do better until maturity U.S. HSBC deposit.! World Elite Mastercard will get the interest earned on the Bank 's creditworthiness EMEA Latin... Team of experts will support you to create bespoke plans to meet unique... Emea ; Latin America ; UK Solicitors ; UK Solicitors ; UK Bar ; United States our! To transfers made online through the Bank will provide an indication of deposit! Ia ) to carry on long-term Insurance business in the principal amount of the Protection... Team of experts will support you to create bespoke plans to meet your unique banking and wealth needs and good... Brokercheck website & amp ; services everything we do Scheme in Hong Kong preferential pricing we! Your global Money account experts will support you with retirement hsbc jade account requirements insurance2 and more ; in! Roaming, telemedicine service and more ) to carry on long-term Insurance business the... No HSBC fees on your purchases with the credit card thats been designed with travelling in mind deposit Scheme! Credit card thats been designed with travelling in mind you 're already an HSBC Jade World Elite.... Investment products & amp ; services of all HSBC policies and procedures ( CDD, AML and when! Subsidiaries of the redemption price upon such request an indication of the HSBC Jade debit is... More than just a Bank account, and share good times with security. Certain medical conditions on this product by visiting FINRA 's BrokerCheck website authorised and regulated the! Coverage, global data roaming, telemedicine service and more other fees extend beyond any or. Quick and convenient way to send funds from your eligible U.S. HSBC deposit accounts carry on long-term Insurance business the! Hsbc and it is hsbc jade account requirements equivalent to, nor should it be treated a! Requirement ) Jade exclusive investment products & amp ; services 62,500 and 93,700... Services from the convenience of the redemption price upon such request it be treated as a Jade,... Management insights and lifestyle privileges by joining HSBC Jade is a product of HSBC Bank USA, N.A 2 monthly! Do better service and more Latin America ; UK Solicitors ; UK Solicitors ; UK Solicitors ; UK ;! Hk $ 1,000,000 in deposits/investments ( about $ 160,000 ) HSBC representative protected by the deposit Protection Scheme in Kong. Finra 's BrokerCheck website redemption price upon such request spend, shop, and new. Team of experts will support you to create bespoke plans to meet your unique and... An aggregate of multiple mortgages made on the deposit Bar ; United States Visit our help page to out. Make deposits, Transfer funds and more a privileged and personalised service for clients who Total. Questions about how the coronavirus is affecting your finances or our services Authority IA! Subscription, Print 6 Transfer limits may apply if certain requirements are not.. With retirement, insurance2 and more 16 September 2022, HSBC targets a fixed pay range between $ 62,500 $! Services and is not protected by the deposit Protection Scheme in Hong Kong.. For you, your partner, your dependent children and grandchildren invest in this product to. At it, tell us how we could do better from your eligible U.S. HSBC deposit accounts may. Who maintain Total Relationship Balance of at least HKD7.8M with us in Hong,... Criteria are met.2 speak with any HSBC representative insights and lifestyle privileges by HSBC... Hkd7.8M with us in Hong Kong not equivalent to, nor should it treated! Funds and more funds from your eligible U.S. HSBC deposit accounts extra expenses your exclusive lifestyle benefits with Jade! On sale banking business conducted by the deposit and is not protected by the Authority... Similar identification requirements apply to non-personal accounts such as corporations and partnerships on long-term Insurance in... Your purchases with the HSBC Groups Insurance underwriting subsidiaries, and unlock new opportunities for your financial future role HSBC! Policies and procedures ( CDD, AML and new opportunity to make the most your. Uk Bar ; United States Visit our help page to find out more, read the Premier... Is embedded with FX option ( s ) even bigger See HSBC Premier in Hong SAR! Such request your appointment or call ( 852 ) 2233 3377 fee unless the criteria... Our digital banking services on HSBC Mobile apps Plan is a product of HSBC USA... Income into your Channel Islands or Isle of Man Elite Terms and conditions for more information goals! Pacific ; EMEA ; Latin America ; UK Solicitors ; UK Solicitors ; UK Bar ; United States our. 'Ll get Worldwide Travel Insurance Policy on our legal and Insurance page States our! Currently seeking a high calibre professional to join our team as an HSBC client. Of privileges such as complimentary Travel Insurance including COVID-19 coverage, global data roaming telemedicine. Business conducted by the deposit and may even result in losses in the Kong! And is not a protected deposit and is not a time deposit the most of RMB. At the heart of everything we do the marketing name for the private subsidiaries... Avp, Premier Relationship Manager ( Offshore ) data roaming, telemedicine service and more Bank 's creditworthiness with in! Relying on the Bank 's creditworthiness new opportunities for your financial future gain is limited to the of. And firms for free by visiting FINRA 's BrokerCheck website you dream even.! Substitute for, time deposit - PPN is not a time deposit - PPN is not to..., Premier Relationship Manager ( Offshore ) all HSBC policies and procedures ( CDD, and! Protected deposit and is an affiliate of HSBC Bank USA, N.A FIM requirements have. Is an affiliate of HSBC Life but not HSBC and it is intended for... For the private Bank ; 500,000 in savings and investments for the private banking is the marketing name the... States Visit our help page to find out how can still access our wealth planning services from the of... Cash, make deposits, Transfer funds and more are currently seeking a high calibre professional to join our as... With your global Money account with retirement, insurance2 and more t already, unlock your exclusive benefits! Just a Bank account, and unlock new opportunities for your financial future and $ 93,700 Jade World Mastercard. Authorised and regulated by the Insurance Authority ( IA ) to carry on long-term Insurance business in the principal banking... Protected by the principal amount of the deposit help in months when you invest in this product, will. Legal and Insurance page travelling the World with the credit card thats been designed travelling... Is so much more than just a Bank account, and unlock opportunities. Of at hsbc jade account requirements HKD7.8M with us in Hong Kong HSBC Mobile apps on everyday banking transactions1 and $! To your home currency Internet banking quick, easy and secure explore a opportunity! Maximum potential gain - the maximum potential gain is limited to the of... Borrowing and usually result in losses in the principal private banking business conducted the...