hsbc jade account requirements

It's easy to answer your query online. 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. For more information, please see ourSupported Browsers page. Member FDIC. 9 To become an HSBC Private Bank customer, you must be invited and reviewed on an individual basis. 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. License #: OE67746. HSBC will rebate up to five qualifying ATM third-party surcharge fees incurred per month with a credit to your account within two statement cycles. 5 HSBC Global Money Account is a prepaid, multi-currency account available on our Mobile Banking App for customers who maintain an HSBC consumer deposit account. Start application. Not a time deposit - ELI is NOT equivalent to, nor should it be treated as a substitute for, time deposit. Past performance is no guide to future performance. Through our International Banking Centres, we will help you set up overseas accounts and make cross-country/region transactions with preferential processing fees and exchange rates. Use it to enjoy extraordinary experiences, get support from us and access special products and preferential pricing. No collateral ELIs are not secured on any of our assets or any collateral. Investments, Annuity and Insurance Products: All decisions regarding the tax implications of your investment(s) should be made in consultation with your independent tax advisor. Unarranged overdrafts may incur higher fees and result in declined transactions. Research backgrounds of brokers and firms for free by visiting FINRA's BrokerCheck website. Representative example: (assumed arranged overdraft of 1,200) 0% EAR (variable) on the first 1,000, 39.9% EAR (variable) on anything above that, giving a representative rate of 5.8% APR (variable). The HSBC Jade concierge service, provided by Ten, offers you 24/7 personal service and a digital platform to help you organize trips, stays, shows or restaurant reservations.. A personal HSBC Jade Director to help manage your financial needs, alongside the direct support of a team of area-specific specialists. 6Available 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. All rights reserved, This website is designed for use in Hong Kong. Book an appointment Click here to book an appointment with us. All rights reserved. Earn unlimited rewards with your choice of card designed for the way you live and spend. You do not have a right to request early termination of this product before maturity. Personal Internet Banking is required to access Global View and Global Transfers. Menu Home; Rankings. 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. Fast-track your applications for unsecured lending requests, all managed by our lending specialist team. Consumers who maintain Private Bank9status. A team of experts will support you to create bespoke plans to meet your unique banking and wealth needs. Priority consideration and exclusive access to higher Personal Loan limits. You will have access to Jade Centres anywhere in the world, providing you comfort, privacy and enhanced services while you discuss your needs with us. Discounts can be canceled or are subject to change at any time and cannot be combined with any other offer or discount. Not covered by Investor Compensation Fund Our ELIs are not listed on any stock exchange and are not covered by the Investor Compensation Fund. For wealth advice, please contact your Wealth Manager directly. Your return upon such early redemption will likely be lower than that if the deposit were held until maturity and may be negative. Transfers from HSBC accounts from outside the U.S. may be subject to transfer fees. . Structured products are not available for customers who are US citizen / with US nationality, are US resident or US tax payer, or have a US address (e.g. HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Private Placement Notes, Capital Protected Investment and Deposit Plus are not regulated by the Securities and Futures Commission (the 'SFC'). HSBC refers to HSBC Bank USA, N.A., HSBC Securities (USA) Inc. and HSBC Insurance Agency (USA) Inc. HSBC Bank USA, N.A. 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. We can't offer cover for certain medical conditions on this product. HSBC Bank USA, N.A. 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. 7 Investment and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. Simply follow the steps below: Log on to HSBC Reward+ and go to the 'Discover' page. That's why we're here to give you unparalleled support for all your international needs. Re-investment risk - If our PPNs are early terminated, we will pay you the nominal amount of the PPNs (less any cash settlement expenses) and any accrued potential cash dividend amount calculated up to (and including) that call date. Private Banking may be carried out internationally by different HSBC legal entities according to local regulatory requirements. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 . Please contact your dedicated Relationship Manager. Learn more about the benefits of HSBC Global Private Banking from Mark Pittsey, Head of Global Private Banking for the Americas. All rights reserved. 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. . For more information, please see ourSupported Browsers page. 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. Benefits to HSBC Jade Passport is not equivalent to HSBC Jade. 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. The information shown in this website is neither a recommendation, an offer, nor a solicitation for any investment product or service. Not the same as investing in the reference asset Investing in our PPNs is not the same as investing in the reference asset. Jade Global Generations Universal Life: Potential wealth accumulation refers to account value accumulation, meaning accumulation of premiums paid, with interest added less any charges, any previously paid surrender amounts and claims, if applicable. 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. Minimum total relationship balance refers to the rolling average for the previous three months. An APR shows the cost of borrowing over a year. Our HSBC Financial Professionals10 take the time to understand your unique set of challenges so they can help you through your life transition. Important Documents. (B) Specific Terms and Conditions for HSBC Jade or Premier Account Offer 1. Financial eligibility criteria apply. 1 A monthly maintenance fee may apply if certain requirements are not maintained. Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier . Bond is an investment product. As of December 1, 2022, the Jade name will no longer exist in the US. The use of the label HSBC Private Banking, HSBC Private Bank, we, or us refers to HSBCs worldwide private banking business, and is not indicative of any legal entity or relationship. 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. By applying online you are accepting the terms and can meet the requirements listed on this page. Join HSBC Jade Access an elevated wealth management experience when your Total Relationship Balance reaches HKD7,800,000 or more . The holder of bonds / CD bears the credit risk of the issuer and has no recourse to HSBC unless HSBC is the issuer itself. 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. For anything else, you can call the Jade team on 03457 70 70 70 from 08:00-20:00. Qualify for one year of enhanced Premier benefits by maintaining an average qualifying total relationship balance of $1 million USD over two consecutive months13. Existing customer - HSBC Jade Dedicated Service Line: Hong Kong dollar/ Renminbi / foreign currency deposits, Market value of the following investments: local and overseas securities, Unit Trusts, bonds, certificates of deposit, equity linked investments, structured notes, Monthly Investment Plan (stocks/ Unit Trusts) and Wayfoong Statement Gold, Deposit amounts of Deposit Plus and Structured Investment Deposits, Utilised lending facilities (excluding mortgages and amounts outstanding on credit cards), Life insurance with savings or investment component, HSBC MPF balances and HSBC ORSO Defined Contribution Scheme balances which are administered by The Hongkong and Shanghai Banking Corporation Limited. Unlimited free deposits in the account. Experienced in a range of diverse working environments & adapt to change for better engaging quality in operational efficiency and forward looking business sustainability. Since I had an HK account, I was able to open the Premier Chequing in . This section is about Living in UAE and essential information you cannot live without. There may be exchange rate risks if you choose to convert RMB payments made on the bonds to your home currency. Whole life, universal life, term life, and other types of insurance are offered by HSBC Insurance Agency (USA) Inc. HSBC Insurance Agency (USA) Inc., a wholly owned subsidiary of HSBC Bank USA, N.A. We have detected your browser is out of date. HSBC Hong Kong Jade MasterCard debit card is not offered to Jade passport clients.) Unlock exclusive wealth benefits and international education privileges. The Jade and Wealth proposition is a . No collateral PPNs are not secured on any of our assets or any collateral. 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. We'll provide specialist financial advice on retirement planning, insurance solutions and more. HSBC's first 12-currency debit card in Hong Kong, available only for HSBC Jade clients. provides banking products and services. HSBC Wealth Management leads the Asia-Pacific implementation of our global strategy to deliver world-class solutions to retail and private clients seeking to grow, protect, preserve or transfer their wealth. 2 HSBC Jade clients will enter into a direct agreement with the Ten Lifestyle Group PLC under which Ten . 3 Free instant transfer service is available for accounts in Australia, mainland China, Singapore, the UK and the US, and will soon be extended to other countries/regions. Further details can be found online at ouroverdrafts page. Quick and convenient way to send funds from your eligible U.S. HSBC deposit accounts. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. . Maximum potential loss - Deposit Plus is not principal protected. As a Jade client you'll get Worldwide Travel Insurance for you, your partner, your dependent children and grandchildren. Terms and Conditions apply. . [deleted] 2 yr. ago. Copyright.The Hongkong and Shanghai Banking Corporation Limited2002-2023. 1 Subject to local requirements on eligibility and suitability criteria. The Site is operated by HSBC Holdings plc and hosted by The Hongkong and Shanghai Banking Corporation Limited ("HBAP"). 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. Some services are not available in certain locations. 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. You might like . Free withdrawals from HSBC ATMs in 23 countries 4. You should carefully consider whether any investment product or service mentioned herein is appropriate for you in view of your personal circumstances. As an HSBC Jade customer in Hong Kong, you are eligible to open an HSBC Premier account with HSBC Premier Elite Passport status in HSBC China and HSBC Singapore without the need to meet extra local eligibility requirements (such as Total Relationship Balance or other criteria). Working with the Events, Business Development, Academy, Digital Marketing, Communications and Central Business Services team on all aspects of pre-production. 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. With HSBC Premier, you can take advantage of many benefits that will help you better manage your personal wealth. 6.6K Posts. No further potential cash dividend amount will be payable following such early termination. Borrowers must meet program qualifications. Movements in exchange rates can be unpredictable, sudden and drastic, and affected by complex political and economic factors. Foreign currency exchange rates and local country limitations may apply. We are currently seeking a high calibre professional to join our team as an AVP, Premier Relationship Manager (Offshore). You can now bank from home with ease and peace of mind. What this means for you: If you open a personal account, we will ask for your name, address, taxpayer identification number, date of birth, and other information that will allow us to identify you. The past. This website is designed for use in the United Kingdom. Important information about procedures for opening a new account. 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. Organising and managing external hospitality for Partners with client's when required e.g., sports, theatre, private dining, and tours. Structured product is NOT equivalent to a time deposit. Join a global conversation with women on relevant topics such as developing a financial plan that works for you, balancing work and family commitments, making an impact on causes you care about, and networking with other successful female leaders. HSBC Jade is more than just a bank account. The price of stocks may move up or down. 1HSBC Jade is an enhancement of your HSBC Premier service. Receive your prize instantly in your credit card account in the form of RewardCash. Not a time deposit Deposit Plus NOT equivalent to, nor should it be treated as a substitute for, time deposit. Maintain a minimum combined balance of AUD150,000 equivalent in an HSBC Australia transaction, savings 8 or HSBC Invest 9 account. and are only available for property located in the U.S. Subject to credit approval. Other non-HSBC Premier customers have access to Personal Loans up to 25,000. 2023. HSBC Jade gives you preferential treatment and maximum convenience wherever you bank with us. Alternatively, if you hold HSBC Premier or Jade status in another market you will be eligible for Premier in Australia. At HSBC Life we help deliver on these promises by providing a wide variety of life insurance products and services to our . If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. Emergency encashment at HSBC branches in Singapore (applicable to overseas customers only). The Hongkong and Shanghai Banking Corporation Limited is the issuer and product arranger of our ELIs. hsbcpremier.com (the "Site") provides a portal, or gateway, to the financial services offered by members of the HSBC Group. The value of your RMB-denominated ELIs will be subject to the risk of exchange rate fluctuation. For more information, please reach out to your current HSBC Relationship Manager. Where your location of residence differs from that of the HSBC entity where your account is held, please refer to the cross-border disclaimer for disclosure of cross-border considerations regarding your location of residence. Manage your personal accounts easily and securely from your mobile phone. Indicative price of bonds / CD are available and bonds / CD price do fluctuate when market changes. If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. Geographic and other restrictions may apply. Derivatives risk - Deposit Plus is embedded with FX option(s). 08 Jan 2021. There is no assurance of protection against a default by the issuer in respect of the repayment obligations. For more details please read our Cookie Policy. Liquidity risk - CPI is designed to be held until maturity. Meanwhile, you can get a 'HSBC 1.23 Go Goal Day Lucky Draw' entry to win up to $123,000 . The HSBC Jade debit card is plastic, not metal like the HSBC Jade World Elite Mastercard. In the worst case, you could suffer a total loss of your deposit amount. HSBC Bank USA, N.A. MoneySavingExpert.com Insert: You can find the best buy Packaged bank accounts including Premier accounts in our fully researched guide: . 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. Bonds / CD are mainly medium to long term fixed income products, not for short term speculation. 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Jade by HSBC Premier. 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. Find out more. Credit risk of the Bank - CPI is not secured by any collateral. All Rights Reserved. This does not constitute an offer of solutions or services, but is only for the purpose of information dissemination. As an HSBC Jade1 client, you will benefit from a specially appointed Jade Director and enjoy access to our most qualified financial experts, wealth management solutions and preferential pricing, as well as an array of exclusive lifestyle privileges. If HSBC becomes insolvent or defaults on its obligations under the ELIs, in the worst case scenario, you could lose all of your investment. Terms of Use and There may not be any active or liquid secondary market. 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 . The Enrich List is a portfolio of 50 unique global experiences with a focus on self-discovery and personal growth. HSBC Jade opens doors not available to others. Insurance is about people, and the promises they make. This can help in months when you have extra expenses. 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. Transfer money between HSBC and other financial institutions. 2HSBC Jade clients will enter into a direct agreement with the Ten Lifestyle Group PLC under which Ten Lifestyle Group PLC and its affiliates will deliver the lifestyle service available under the HSBC Jade concierge service.