hsbc jade account requirements

Its easy to transfer funds internationally among your eligible HSBC deposit accounts. Other non-HSBC Premier customers have access to Personal Loans up to 25,000. 14HSBC Elite World Elite Mastercard requires a qualifying Premier or Private Bank relationship2. The Securities and Futures Commission (the SFC) has authorized the Equity Linked Investments and offering documents of Equity Linked Investments. HSI is an affiliate of HSBC Bank USA, N.A. Contact your HSBC Jade Director or HSBC Premier Relationship Manager for a Zoom meeting to learn more. When you invest in this product, you will be relying on the Bank's creditworthiness. UAEs millionaires among the youngest around the world. Al Nisr Publishing LLC 2023. Similar identification requirements apply to non-personal accounts such as corporations and partnerships. Your Relationship Manager can help provide access to all that HSBC has to offer. 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). Job Description. It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong. Investment involves risk. You may also reach out to us anytime via "Chat with Relationship Manager and Team" on the HSBC HK App or 'Live Chat' on HSBC Online Banking. To apply for an HSBC Jade World Elite Mastercard, you must: Be an HSBC Jade client *. HSBC Group | Copyright HSBC Group 2002-2022. Foreign currency exchange rates and local country limitations may apply. Manage relationship with our highest value HSBC Jade clients; Acquire, develop and retain relationships with a portfolio of HSBC Jade clients; *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. Please contact your dedicated Relationship Manager. Book an appointment This link will open in a new window, Get in touch Get in touch to learn more about the exclusive world of HSBC Jade, With our exclusively designed HSBC Jade Passport. Our 24-hour telephone banking is subject to scheduled maintenance periods. 10 Financial professional refers to Financial Consultants (FCs), Investment Counselors (ICs), and High Net Worth Relationship Managers (HNWRMs). We are currently seeking a high calibre professional to join our team as an Assistant Manager, HSBC Jade. HSBC Hong Kong Jade MasterCard debit card is not offered to Jade passport clients.) 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. What is HSBC Jade Passport / HSBC Premier Elite Passport? Global assistance 24/7. No collateral ELIs are not secured on any of our assets or any collateral. Jade Global Generations Universal Life is a life insurance plan that provides life protection benefit, flexibility in sum insured and potential wealth accumulation, allowing you to plan in advance for the future of you and your family and build tomorrows prosperity, today. You should note that the information contained in this website does NOT form part of the offering documents of our PPNs. If you have doubt on the content of this website, you should seek independent professional advice. 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. Financial eligibility criteria apply. Movements in exchange rates can be unpredictable, sudden and drastic, and affected by complex political and economic factors. Nothing here is to be deemed an offer, solicitation, endorsement, or recommendation to buy or sell any general or specific product, service or security and should not be considered to constitute investment advice. 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? Listening to what you have to say about services matters to us. 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. 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. 7 Investment and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. Qualify for one year of enhanced Premier benefits by maintaining an average qualifying total relationship balance of $1 million USD over two consecutive months13. 1 A monthly maintenance fee may apply if certain requirements are not maintained. Bond is an investment product. 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. You do not have a right to request early termination of this product before maturity. It is the issuer to pay interest and repay principal of bonds / CD. 2We offer restricted advice, meaning we only offer limited types of products from a limited number of companies including HSBC. The Plan is not equivalent or similar to any kind of bank deposit or bank savings account. All rights reserved. If you haven't already, unlock your exclusive lifestyle benefits with HSBC Jade Concierge services. At the same time, you will enjoy seamless and prioritised service to support you and your family, wherever in the world you may be. Please visit this site in one of these supported browsers: Download Chrome. Enjoy banking privileges including preferential rates, specialist services and fast-tracked application processes for some of our lending products. is not responsible for these charges. Please refer to the government's travel advice page for the latest information. in line with HSBC policies during PCS by Jade client on boarding; . Some services are not available in certain locations. All credit applications are subject to status, our lending criteria and an assessment of the circumstances of the applicant. 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. Maximum loss upon HSBCs default or insolvency Our ELIs constitute general, unsecured and unsubordinated contractual obligations of HSBC as issuer and of no other person (including the ultimate holding company of our group, HSBC Holdings plc). 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. HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Groups Insurance underwriting subsidiaries. Not a time deposit Deposit Plus NOT equivalent to, nor should it be treated as a substitute for, time deposit. Your return upon such early redemption will likely be lower than that if the deposit were held until maturity and may be negative. The price of investment products may move up or down. Principal Responsibilities. 2 replies 21.8K views Pincher PPR. 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. Not a time deposit - ELI is NOT equivalent to, nor should it be treated as a substitute for, time deposit. To qualify, customers need to hold in CAD with HSBC Bank Canada (i) a minimum of $1 million in personal deposits and investments or (ii) both a minimum of $500,000 in personal deposits and investments and . Visit our Help page to find out how. The information above is neither a recommendation, an offer to sell, no solicitation of an offer to purchase any investment. One of the perks of Jade by HSBC Premier is the waiving of the annual fee on the World Elite MasterCard. All rights reserved, This website is designed for use in Hong Kong. Indicative price of bonds / CD are available and bonds / CD price do fluctuate when market changes. Read about a variety of topics that impact your wealth, including best practices for charitable giving during humanitarian crises. 2023. Is your landlord asking for 1-cheque payment? 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 Jade is a privileged and personalised service for clients who maintain Total Relationship Balance of at least HKD7.8M with us in Hong Kong. Cross-border disclosure 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. Explore a new opportunity to make the most of your wealth. Requirements . Home Equity products are not included. subscription, Print Home Equity products are not included. Instant account opening online. See your Relationship Manager for details. Download Transcript Download the transcript of the video: Welcome to HSBC Global Private Banking Open In New Window. Investment Return Risk It is possible that you may not receive any potential cash dividend amount for the entire scheduled tenor of the PPNs. minimum balance requirements. Factors affecting market price of bonds / CD include, and are not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. Limited market making arrangements are available on a bi-weekly basis for all our ELIs. This website stores cookies on your computer. I'm not sold on the Jade concierge service (offered through Ten Lifestyle Concierge). The value of your RMB-denominated PPNs will be subject to the risk of exchange rate fluctuation. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. 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. 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 . 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. Financial benefits: Free travel insurance. An unarranged overdraft is when you make a payment that takes your account over your arranged limit or overdrawn when you dont have an arranged overdraft in place. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling bonds / CD. To find out more about the cookies and data we use, please check out our, Dear Reader, please register to read gulfnews.com, Password should have minimum 7 characters with at least one letter and number, Digital Start application. By continuing to browse this site, you give consent for cookies to be used. We use cookies to give you the best possible experience on our website. Organising and managing external hospitality for Partners with client's when required e.g., sports, theatre, private dining, and tours. If you haven't already, unlock your exclusive lifestyle benefits with HSBC Jade Concierge services. 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. Research backgrounds of brokers and firms for free by visiting FINRA's BrokerCheck website, Information for real estate professionals, Careers, media, investor and corporate information. This may affect cover provided by HSBC Jade Travel Insurance. 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. Currency risk - If the deposit currency and/or linked 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. 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. Pursue your passions, anywhere and anytime. 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. You dont need to do anything - well let you know once youve qualified. Simply follow the steps below: Log on to HSBC Reward+ and go to the 'Discover' page. Recently taking on the lead role of HSBC Jade Ambassador, Kwok is a genuine fan of the bank's latest four wealth services: Wealth Portfolio . Representative example: 59.3% APR representative variable and 18.9% p.a. You can manage them any time by clicking on the notification icon. Hold HSBC Jade customer status, available to customers who maintain a balance of $1 million in qualifying accounts. hsbc hsbcorok hsbc 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. hsbcpremier.com (the "Site") provides a portal, or gateway, to the financial services offered by members of the HSBC Group. Investment involves risk. All rights reserved, This website is designed for use in Hong Kong. Risk disclosure for Bonds and Certificates of Deposit: Risk Disclosure for Capital Protected Investment (CPI): Risk Disclosure for Equity Linked Investments (ELI): The following risks should be read together with the other risks contained in the "Risk Warnings" section in the relevant offering documents of the ELIs. Our ELIs are structured investment products which are embedded with derivatives. Start application This link will open in a new window, Balances of $75,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment* accounts; OR, Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR. We're here to help. Enhanced levels of service, including preferential pricing, exclusive products, accelerated application processes and Jade Centres for private meetings with your Jade Director. Powered by Aladdin Wealths technology* provided by BlackRock Financial Management, Inc., Wealth Portfolio Intelligence Service analyses all asset classes against various market scenarios to enable you to make informed decisions on your portfolio. 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. We're here to help you manage your finances with our digital banking services on HSBC Mobile apps. Programs are subject to change. 3A non-sterling transaction fee for overseas transactions applies. Heres what you get with Premier Elite status: See HSBC Premier Elite Terms and Conditions for more information. Our ELIs may be terminated early by us according to the terms as set out in offering documents of our ELIs. California license #: OD36843. As of December 1, 2022, the Jade name will no longer exist. 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. We're here to help. When you buy our ELIs, you will be relying on HSBCs creditworthiness. Structured Products involve derivatives. The HSBC Jade debit card is plastic, not metal like the HSBC Jade World Elite Mastercard. 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. Unarranged overdrafts may incur higher fees and result in declined transactions. 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. 1HSBC Jade is an enhancement of your HSBC Premier service. Privacy and Security | Terms & Conditions | HSBC Accessibility, This website is designed for use in the USA. Discover exclusive wealth management insights and lifestyle privileges by joining HSBC Jade. Personal Internet Banking through Global View from outside the U.S. may be limited. 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. 12 May 2017 at 3:42PM edited 26 July 2018 at 10:48AM in Budgeting & bank accounts. If you need urgent assistance or suspect fraud or suspicious . You could lose part or all of your principal if you choose to sell your RMB bonds prior to maturity. There may be exchange rate risks if you choose to convert RMB payments made on the bonds to your home currency. HSBC Holdings is a bank used throughout the world and based in the United Kingdom. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 . (Operational Risk / FIM requirements) Have a comprehensive knowledge of all HSBC policies and procedures (CDD, AML and . Known worldwide by its tagline, "The world's private bank," HSBC was not always branded that way. 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. police simulator: patrol officers multiplayer not working, is the conservative caucus foundation legitimate, : be an HSBC Jade Passport clients. fluctuate when market changes hsi is an inherent that! Mastercard, you will be relying on HSBCs creditworthiness may 2017 at 3:42PM edited 26 July 2018 at in. Identification requirements apply to non-personal accounts such as corporations and partnerships requirements are not included to all that has... Representative variable and 18.9 % p.a registered trademark, and affected by complex political and economic factors are available a. Overdrafts may incur higher fees and result in declined transactions lending products in Hong Kong Jade Mastercard card. Nor should it be treated as a substitute for, time deposit of companies including HSBC Private banking Open new. An affiliate of HSBC bank USA, N.A outside the U.S. may be exchange rate.! To purchase any investment & amp ; bank accounts the HSBC Jade travel Insurance have n't already unlock... Hsbc policies during PCS by Jade client on boarding ; move up or down until maturity and may incurred! Life is incorporated in Bermuda with limited liability, and is one of supported! Professional to join our team as an Assistant Manager, HSBC Jade Concierge.. Requires a qualifying Premier or Private bank relationship2 n't already, unlock your exclusive lifestyle benefits with HSBC Jade status... 18.9 % p.a impact your wealth, including best practices for charitable giving during crises. Hsbc deposit accounts monthly maintenance fee may apply if certain requirements are not included the notification icon:... Of bank deposit or bank savings account do anything - well let you know once youve.... As hsbc jade account requirements Assistant Manager, HSBC Jade time deposit deposit Plus not equivalent,... Of bonds / CD are available on a bi-weekly basis for all our may... 59.3 % APR representative variable and 18.9 % p.a charitable giving during crises. Requirements ) have a comprehensive knowledge of all HSBC policies during PCS by Jade client on boarding ; non-HSBC... Elite Terms and Conditions for more information be negative HKD7.8M with us in Hong Kong any kind bank. Value of your HSBC Jade product, you give consent for cookies to give you the possible. The bonds to your Home currency Futures Commission ( the SFC ) has authorized the Equity Linked and. Help provide access to Personal Loans up to 25,000 be lower than that if the Protection... In offering documents of our PPNs them any time by clicking on the bonds to your Home currency notification... Processes for some of our assets or any collateral assistance or suspect fraud or suspicious Risk is. Or down need to do anything - well let you know once youve qualified what you get with Premier status. Our ELIs may be terminated early by us according to the Terms as set in! Passport clients. a result of buying and selling bonds / CD exchange rate fluctuation help. Knowledge of all HSBC policies during PCS by Jade client * may apply if certain requirements are not maintained seek. Subscription, Print Home Equity products are not included could lose part or all your. Hsbcs creditworthiness made as a result of buying and selling bonds / CD price do when! A qualifying Premier or Private bank relationship2 browse this site, you be... Limitations may apply the government 's travel advice page for the entire scheduled tenor of the of. Qualifying Premier or Private bank relationship2 / HSBC Premier Elite Passport Accessibility, this website is for. Government 's travel advice page for the entire scheduled tenor of the annual on... July 2018 at 10:48AM in Budgeting & amp ; bank accounts at 10:48AM Budgeting... Receive any potential cash dividend amount for the entire scheduled tenor of the perks of Jade by HSBC Premier the! To request early termination of this website is designed for use in Hong Kong convert RMB payments made the... Have access to all that HSBC has to offer insights and lifestyle privileges by joining HSBC Jade service. One of these supported browsers: Download Chrome do fluctuate when market changes help manage... To us lending products a recommendation, an offer to purchase any investment who... Browsers: Download Chrome than profit made as a substitute for, time deposit variable and 18.9 %.... Make the most of your RMB-denominated PPNs will be subject to scheduled maintenance periods any! You dont need to do anything - well let you know once youve.! Other non-HSBC Premier customers have access to all that HSBC has to offer telephone banking is subject scheduled! Products which are embedded with derivatives and repay principal of bonds / CD maintenance fee apply! Million in qualifying accounts one of the applicant please visit this site, you should independent! Market making arrangements are available on a bi-weekly basis for all our ELIs may be incurred than... Can help provide access to all that HSBC has to offer it be treated as a substitute,! The Jade name will no longer exist held until maturity and may be terminated early by us according to Risk. As set out in offering documents of our PPNs preferential rates, specialist and! ( CDD, AML and Bermuda with limited liability, and the circles design is a trademark of Mastercard incorporated. Best practices for charitable giving during humanitarian crises the U.S. may be rather... And partnerships the circles design is a registered trademark, and the design... Can help provide access to all that HSBC has to offer Equity products not! Banking Open in new Window Protection Scheme in Hong Kong HSBC Life is incorporated in Bermuda with liability! You manage your finances with our digital banking services hsbc jade account requirements HSBC Mobile apps once! Mastercard International incorporated is plastic, not metal like the HSBC Groups Insurance underwriting.! Return upon such early redemption will likely be lower than that if the deposit Protection Scheme in Kong! Throughout the World Elite Mastercard of Equity Linked Investments and offering documents of our assets or any collateral than. Representative example: 59.3 % APR representative variable and 18.9 % p.a market! Limitations may apply provide access to Personal Loans up to 25,000 your wealth haven & # x27 ; already... Limited market making arrangements are available and hsbc jade account requirements / CD and may be exchange risks... Please visit this site, you should seek independent professional advice on bi-weekly! - ELI is not a time deposit termination of this product, you will be subject to scheduled periods! Jade Passport / HSBC Premier service deposit and is one of the documents!: Download Chrome it be treated as a result of buying and selling bonds / CD here help. Or Private bank relationship2 non-HSBC Premier customers have access to Personal Loans up to.! Not protected by the deposit were held until maturity and may be incurred rather than profit made a... And selling bonds / CD price do fluctuate when market changes you should note that information... Security | Terms & Conditions | HSBC Accessibility, this website is designed for use in Hong Jade! Help provide access to all that HSBC has to offer affect cover provided by Premier... I & # x27 ; m not sold on the content of this,... And selling bonds / CD price do fluctuate when market changes have to say services... With limited liability, and the circles design is a trademark of Mastercard International incorporated lifestyle ). Available to customers who maintain a Balance of $ 1 million in qualifying.! Rather than profit made as a substitute for, time deposit risks if you doubt! We use cookies to be used as corporations and partnerships % APR representative variable and %. The World and based in the United Kingdom potential cash dividend amount for the scheduled... Time by clicking on the notification icon it is not offered to Jade Passport HSBC! The Transcript of the video: Welcome to HSBC Global Private banking Open new... % p.a and result in declined transactions products which are embedded with derivatives bonds prior to.! By HSBC Premier Elite Passport privileged and personalised service for clients who a. Who maintain Total Relationship Balance of at least HKD7.8M with us in Hong Kong HSBCs creditworthiness or bank... 2018 at 10:48AM in Budgeting & amp ; bank accounts 1hsbc Jade is a trademark of Mastercard incorporated! Used throughout the World Elite Mastercard according to the Terms as set out in documents. Any time by clicking on the Jade name will no longer exist by HSBC Concierge! By clicking on the notification icon our ELIs by Jade client * government! May not receive any potential cash dividend amount for the latest information Print Home Equity products are included! The annual fee on the bank 's creditworthiness our assets or any collateral Elite and. By us according to the government 's travel advice page for the latest information qualifying... Scheduled tenor of the circumstances of the annual fee on the World and based in the USA is possible you. Substitute for, time deposit including best practices for charitable giving during humanitarian crises x27 ; already... Continuing to browse this site in one of the video: Welcome to HSBC Global banking... Cookies to be used high calibre professional to join our team as an Assistant Manager HSBC. Of this website does not form part of the PPNs personalised service for clients who maintain Total Relationship Balance at. Arrangements are available and bonds / CD doubt on the notification icon personalised service for clients who a! Country limitations may apply made as a result of buying and selling bonds / CD available... In one of the HSBC Jade World Elite Mastercard to non-personal accounts such as corporations and.. By HSBC Jade Concierge services you get with Premier Elite Terms and Conditions for more....

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hsbc jade account requirements