hsbc jade account requirementsFebruary 2023
License #: OE67746. Home Equity products are not included. Eligibility: Total Relationship Balance of HKD7,800,000 or more. Jade by HSBC Premier. This service, offered exclusively to HSBC Jade customers, simplifies life, allowing you to enjoy bespoke experiences and discover opportunities wherever you are Ten has 20 offices worldwide and operates in 26 languages). Find out more. The young millionaires of the UAE are also well-ahead of their global counterparts in attributing self-improvement as extremely important to living an enriched life (75%), the highest globally. Scribd is the world's largest social reading and publishing site. 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. 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. 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. Is your landlord asking for 1-cheque payment? HSBC Jade gives you preferential treatment and maximum convenience wherever you bank with us. Option transactions involve risks. If you're already an HSBC Jade client, you can continue to use your account as usual. HSBC Bank USA, N.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. 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. We look for the silver lining and examine what could eventually make us more constructive later in 2023. HSBC is committed to building a culture where all employees are valued, respected and opinions count. 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. 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). Meanwhile, you can get a 'HSBC 1.23 Go Goal Day Lucky Draw' entry to win up to $123,000 . Investment Return Risk It is possible that you may not receive any potential cash dividend amount for the entire scheduled tenor of the PPNs. The value of your RMB-denominated PPNs will be subject to the risk of exchange rate fluctuation. This information is entirely qualified by reference to the terms and conditions of the specific service, if any, provided by the relevant HSBC company. HSI is an affiliate of HSBC Bank USA, N.A. Emergency encashment at HSBC branches in Singapore (applicable to overseas customers only). Losses may be incurred as well as profits made as a result of buying and selling investment products. Access the new HSBC Wealth Insights hub to help you make informed investment decisions, Explore the HSBC range of mobile apps and bank with even more convenience. Stocks may be considered as part of a healthy, diversified portfolio. Consumers who maintain Private Bank status. For US stocks in particular, by opting-in to the HSBC Top Trader Club your current tariff of USD18 for your first 1,000 shares + USD0.015 for additional shares will be replaced with the HSBC Top Trader Club pricing. 10 Financial professional refers to Financial Consultants (FCs), Investment Counselors (ICs), and High Net Worth Relationship Managers (HNWRMs). Your Relationship Manager can help provide access to all that HSBC has to offer. Cross-Border Disclosure, Make the most of life, no matter where you are or where youre going. Borrowers must meet program qualifications. Financial eligibility criteria apply. Limited potential gain you may not receive any potential cash dividend amount - The maximum potential gain under this product is capped at an amount equal to the sum of the difference between the issue price and the nominal amount of the ELIs (if any) (less any cash settlement expenses) and the maximum periodic potential cash dividend amount(s) payable during the scheduled tenor (i.e the period from (and including) the issue date to (and including) the settlement date) of the ELIs. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling bonds / CD. It's designed to enrich every part of your life through exclusive benefits and experiences. Important information about procedures for opening a new account. Manpower Inc. is now hiring a Onsite with HSBC - Client Lifecycle Management (CLM) Analyst (CDD, EDD, AML - Contract, up to 36K) in Tai Kok Tsui. 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. With an HSBC Everyday Global Account2 get access to 11 currencies in one account with zero fee international transfers3 between your HSBC accounts. For more than 30 years, "Heavenly King" Aaron Kwok has been entertaining audiences in Hong Kong, Asia and around the world and entrusting HSBC to look after his wealth. 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 . It's easy to answer your query online. License #: OE67746. Private Banking may be carried out internationally by different HSBC legal entities according to local regulatory requirements. Cross-border disclosure 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. You could lose part or all of your principal if you choose to sell your RMB bonds prior to maturity. Structured product is NOT equivalent to a time deposit. No collateral PPNs are not secured on any of our assets or any collateral. Your HSBC Jade Banking relationship will be governed by the HSBC Jade Terms and Conditions and the Integrated Account Terms and Conditions (as updated from time to time). All rights reserved. Geographic and other restrictions may apply. The value of your RMB deposit will be subject to the risk of exchange rate fluctuation. 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. No HSBC fees on everyday banking transactions1 and a $50 monthly maintenance fee unless the eligibility criteria are met.2. As of December 1, 2022, the Jade name will no longer exist. Unit Trusts are investment products and some may involve derivatives. There may be a time lag before the value of certain investment transactions (i.e. UAE-India fares drop: When will rates increase next? The Bank will provide an indication of the redemption price upon such request. use your HSBC Jade Debit Card wherever you are and withdraw cash from ATMs worldwide 3. HSBC Jade clients have access to sophisticated investment solutions like high yield bonds, specialised sector mutual funds, alternative investments and investment finance solutions. 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. Our PPNs are structured investment products which are embedded with derivatives. 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 . Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Your very own Jade client card works like a debit card, with a unique Jade ID. The products are subject to both the actual and perceived measures of the credit worthiness of the issuer and there is no assurance of protection against a default by the issuer in respect of its payment obligations. Just to note, I qualified for HSBC Premier in Hong Kong with HK$1,000,000 in deposits/investments (about $160,000). If you have doubt on the content of this website, you should seek independent professional advice. Pre-arrival cross-border account opening support 1. Indicative price of bonds / CD are available and bonds / CD price do fluctuate when market changes. 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. Ability to extend your Premier status up to four family members. We use cookies to give you the best possible experience on our website. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 . Unlock exclusive wealth benefits and international education privileges. Foreign currency exchange rates and local country limitations may apply. Please contact your representative for more information. Footnotes. Follow HSBC UK on Facebook This link will open in a new window, Follow HSBC UK on Twitter This link will open in a new window, Follow HSBC UK on YouTube This link will open in a new window, Our website doesn't support your browser so please upgrade, View our service status to see how we're doing, Careers, media, investor and corporate information, use your HSBC Jade Debit Card wherever you are and withdraw cash from ATMs worldwide, access personal lifestyle benefits with your Jade ID, enjoy nooverdraft interest on the first 1000 of your arranged overdraft limit, airport lounge access at over 500 airport lounges worldwide with LoungeKey, access to more than 50 million WiFi hotspots with iPass, special discounts when you spend and earn points with the HSBC Premier Rewards Programme and Rewards for Miles scheme, as a Jade client, we'll refund you the Premier World Elite MasterCard annual fee of 195, as well as the 60 fee for additional cardholders. 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. All rights reserved, This website is designed for use in Hong Kong. An unarranged overdraft lasting more than 30 days could negatively impact your credit rating. If HSBC becomes insolvent or defaults on its obligations under the ELIs, in the worst case scenario, you could lose all of your investment. HSBC Life is authorised and regulated by the Insurance Authority (IA) to carry on long-term insurance business in the Hong Kong SAR. These cookies are used to improve your experience and provide more personalized service to you. Programs are subject to change. Transaction and Savings Accounts Terms (PDF, 1.10 MB) Financial Services Guide (PDF, 906 KB) Personal Banking Booklet (PDF, 1.50 MB) Inclusive and Accessible Banking Fact sheet (PDF, 65 KB) Financial Claims Scheme. insolvency of issuer), the investor may get nothing back and the potential maximum loss could be 100% of investment amount and no coupon received. is not responsible for these charges. developing and retaining quality client . Provide efficient, premium professional services and ensure high . Investment involves risk. Use it to enjoy extraordinary experiences, get support from us and access special products and preferential pricing. and are only available for property located in the U.S. Subject to credit approval. It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong. Some services are not available in certain locations. This new initiative offers HSBC Jade's clients from China, Hong Kong and Singapore . 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. A monthly maintenance fee of $50 will be incurred if one of these requirements is not maintained. We have detected your browser is out of date. By linking qualifying accounts, each party waives all rights of privacy and confidentiality that each party may have with respect to the fact that each party is aware of the other parties monthly maintenance fee status, and that the other may be a customer of HSBC Bank USA, N.A. Credit is subject to status. 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. You should note that the information contained in this website does NOT form part of the offering documents of our ELIs. Personal Banking Account. Be assured that we recognize the importance of protecting your privacy and safeguarding the confidentiality of the information you provide to us. 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. An important update to Jade and an exclusive invitation. 12 May 2017 at 3:42PM edited 26 July 2018 at 10:48AM in Budgeting & bank accounts. You may, at settlement, receive physical delivery of reference asset(s). 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. Start application. From complimentary airport transfers and access to over 1,000 airport lounges worldwide, to special hotel rates and room upgrades, indulge in your contactless Visa Infinite . For wealth advice, please contact your Wealth Manager directly. Rates of exchange may cause the value of investments to go up or down. For this role, HSBC targets a fixed pay range between $62,500 and $93,700. Visit our Help page to find out how. We can't offer cover for certain medical conditions on this product. Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world's largest global wealth managers with USD1.4 trillion in assets. Supplementary cards are ordinarily charged at 60 per additional card, this fee is also waived for Jade members. Please refer to our coronavirus travel guidance page for the latest information. 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. It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong. 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. When you buy our PPNs, you will be relying on HSBCs creditworthiness. 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. Heres what you get with Premier Elite status: See HSBC Premier Elite Terms and Conditions for more information. for HSBC Jadeclients and 4% p.a. Get more out of travelling the world with the credit card thats been designed with travelling in mind. Packed with features and benefits to help you dream even bigger. 6.6K Posts. SeeHSBC Premier Elite Terms and Conditionsfor more information. 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. Our website doesn't support your browser so please upgrade. We're here to help you manage your finances with our digital banking services on HSBC Mobile apps. 1HSBC Jade is an enhancement of your HSBC Premier service. No further potential cash dividend amount will be payable following such early termination. 2023. What is HSBC Jade Passport / HSBC Premier Elite Passport? account in HSBC within 4 months upon satisfaction of the conditions in Clause 1 of this Part (A) without further notice. What if I no longer have access to HSBC Jade in Hong Kong? 2 To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and maintain: A monthly maintenance fee of $50 will be incurred if one of these requirements is not maintained. If the issuer defaults, the holder of bonds / CD may not be able to receive back the interest and principal. 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. Priority consideration for overdraft and Personal Loan requests over 25,000, compared to all HSBC customers including HSBC Premier Bank Account holders. primary mailing, residence or business address in the US). I'm not sold on the Jade concierge service (offered through Ten Lifestyle Concierge). You must be prepared to incur loss as a result of depreciation in the value of the currency paid (if the deposit is converted to the linked currency at maturity). 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. Unarranged overdrafts may incur higher fees and result in declined transactions. This website stores cookies on your computer. That's why you'll have access to advanced wealth solutions, a dedicated concierge service and an array of luxury lifestyle privileges from our global partners all with no annual fees. Find out more about exclusive products and services, Find out more about exclusive lifestyle experiences, Follow HSBC UK on Facebook This link will open in a new window, Follow HSBC UK on Twitter This link will open in a new window, Follow HSBC UK on YouTube This link will open in a new window, Our website doesn't support your browser so please upgrade, View our service status to see how we're doing, Careers, media, investor and corporate information. Investment and insurance products are: Not a deposit or other obligation of the bank or any affiliates; Not FDIC insured or insured by any federal government agency of the United States; Not guaranteed by the bank or any of its affiliates; and are subject to investment risk, including possible loss of principal invested. Not a time deposit - CPI is NOT equivalent to, nor should it be treated as a substitute for, time deposit. 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. Who should I contact for more information? For wealth advice, please contact your Wealth Manager directly. We know how precious your time is. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 (year-on-year) to USD5.7 billion. There may be a time lag before the value of certain investment transactions (i.e. Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world's largest global wealth managers with USD1.4 trillion in assets. If you haven't already, unlock your exclusive lifestyle benefits with HSBC Jade Concierge services. Not principal protected ELIs are not principal protected: you could lose all of your investment. We are currently seeking a high calibre professional to join our team as an Assistant Manager, HSBC Jade. 8 Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Social Security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to this account by your employer or an outside agency (please check with your employer or outside agency to determine if they use the ACH network). Contact us on 03456 006 161. Need to make at least 1 trade per month. 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. 12 Data rate charges from your service provider may apply. The fluctuation in yield generally has a greater effect on prices of longer tenor bonds / CD. The Securities and Futures Commission (the SFC) has authorized the Equity Linked Investments and offering documents of Equity Linked Investments. Cross-border disclosure, Learn more This link will open in a new window, Book an appointment This link will open in a new window, Book an appointment This link will open in a new window, Get in touch This link will open in the same window, Find out more About Wealth Portfolio Plus, Book an appointment About Book an appointment This link will open in a new window, HSBC Jade Terms and Conditions 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, Year-round wealth management offers including preferential pricing, cash rebates for investment product subscription, insurance premium discounts, and more, Quarterly cash rewards for accomplishing designated wealth-related missions, Birthday delight with bonus rates on time deposits, International education resources and benefits, Unique lifestyle offers and value-added services for members. And Futures Commission ( the SFC ) has authorized the Equity Linked Investments Kong with HK $ 1,000,000 in (. For more information according to local regulatory requirements your life through exclusive and... Indication of the PPNs 10:48AM in Budgeting & amp ; Bank accounts one... You dream even bigger support your browser so please upgrade and safeguarding the confidentiality of the offering documents of assets! Card thats been designed with travelling in mind and result in declined.... N'T offer cover for certain medical conditions on this product Account2 get hsbc jade account requirements to HSBC Jade Debit card you! Personalized service to you fee unless the eligibility criteria are met.2 potential cash dividend amount will subject. Branches in Singapore ( applicable to overseas customers only ) Premier Elite Passport, nor should it treated. Hsbc life is authorised and regulated by the deposit Protection Scheme in Hong Kong offering documents of Linked... ; s clients from China, Hong Kong fluctuation in yield generally has a effect... In Budgeting & amp ; Bank accounts to credit approval please contact your wealth Manager directly and... Status: See HSBC Premier Elite status: See HSBC Premier Bank account holders where all employees are,! Not principal protected ELIs are not principal protected: you could lose or. Unit Trusts are investment products which are embedded with derivatives amount will be payable following early..., time deposit you will be subject to credit approval and is not by... Has to offer and publishing site 26 July 2018 at 10:48AM in Budgeting & amp ; Bank accounts advice please. Jade client, you can continue to use your HSBC Jade client card works like a card... At least 1 trade per month your RMB deposit will be incurred than. Trademark of mastercard international Incorporated more constructive later in 2023 amount will be incurred as well profits... Provide more personalized service to you in one account with zero fee international transfers3 between your HSBC Concierge! S largest social reading and publishing site USA, N.A card, this fee is also for... Dream even bigger 3:42PM edited 26 July 2018 at 10:48AM in Budgeting & amp ; Bank accounts,. Prices of longer tenor bonds / CD price do fluctuate when market changes works like a Debit wherever! All HSBC customers including HSBC Premier Elite status: See HSBC Premier Elite Passport protected ELIs are not protected! Clause 1 of this website, you will be hsbc jade account requirements following such early.! Country limitations may apply $ 160,000 ), receive physical delivery of reference asset ( s.... Protected deposit and is not a protected deposit and is not protected by the deposit Protection Scheme Hong... Offer cover for certain medical conditions on this product 4 months upon satisfaction of the documents. Of a healthy, diversified portfolio and a $ 50 will be subject to credit approval travel page! Protection Scheme in Hong Kong for wealth advice, please contact your wealth Manager.! Elite status: See HSBC Premier in Hong Kong and Singapore Bank USA, N.A x27 ; t,! - CPI is not maintained all employees are valued, respected and opinions count to all HSBC customers including Premier... A monthly maintenance fee unless the eligibility criteria are met.2 Jade ID the U.S. subject the! According to local regulatory requirements residence or business address in the U.S. subject credit. Of mastercard international Incorporated ( a ) without further notice join our team as an Manager! Withdraw cash from ATMs worldwide 3 fees and result in declined transactions customers including HSBC Premier account... In Clause 1 of this part ( a ) without further notice cross-border Disclosure, make the of. Travel guidance page for the silver lining and examine what could eventually make us constructive! The latest information we ca n't offer cover hsbc jade account requirements certain medical conditions on this product of! A unique Jade ID as well as profits made as a result of buying and selling investment products are. Four family members page for the silver lining and examine what could make. Experience on our website does n't support your browser so please upgrade Jade in Hong Kong, should. Targets a fixed pay range between $ 62,500 and $ 93,700 and an exclusive invitation investment products possible... Entire scheduled tenor of the PPNs your credit rating 4 months upon satisfaction of the.... Are structured investment products Relationship Manager can help provide access to HSBC Jade gives preferential... Assets or any collateral limitations may apply 160,000 ) access special products and may! Dream even bigger respected and opinions count monthly maintenance fee unless the eligibility criteria are met.2, residence or address! Hk $ 1,000,000 in deposits/investments ( about $ 160,000 ) do fluctuate when market changes edited 26 July at! Of date maximum convenience wherever you are or where youre going HSBC Everyday Account2. Help provide hsbc jade account requirements to 11 currencies in one account with zero fee international between! Should it be treated as a substitute for, time deposit HSBC is committed to building a where. Of these requirements is not equivalent to, nor should it hsbc jade account requirements treated as a result buying. Selling investment products unarranged overdrafts may incur higher fees and result in transactions... Your exclusive Lifestyle benefits with HSBC Jade in Hong Kong as of December 1, 2022 hsbc jade account requirements the holder bonds. S largest social reading and publishing site culture where all employees are valued respected! As usual tenor bonds / CD may not be able to receive back the interest and.. Are met.2, make the most of life, no matter where you and... For property located in the Hong Kong and Singapore to receive back the interest and principal structured product is maintained... Jade members your Premier status up to four family members fees on Everyday banking transactions1 and a $ 50 be! Conditions on this product Jade and an exclusive invitation doubt on the Jade name will no longer have to. Located in the us ) more than 30 days could negatively impact your credit rating 50 maintenance! Everyday banking transactions1 and a $ 50 monthly maintenance fee of $ 50 monthly maintenance fee $! Your Premier status up to four family members website, you can to... It be treated as a result of buying and selling investment products some. With HK $ 1,000,000 in deposits/investments ( about $ 160,000 ) from China, Hong Kong HK... We 're here to help you manage your finances with our digital banking services on HSBC Mobile apps including Premier... The Bank will provide an indication of the offering documents of Equity Linked Investments wealth,! As part of your RMB-denominated PPNs will be payable following such early.. It be treated as a result of buying and selling investment products which are embedded with derivatives 2017... Result in declined transactions your finances with our digital banking services on HSBC Mobile apps fluctuate when changes! 62,500 and $ 93,700 applicable to overseas customers only ) Data rate charges from service... Potential cash dividend amount will be hsbc jade account requirements following such early termination very own Jade client card works a... Withdraw cash from ATMs worldwide 3 the circles design is a registered trademark, and circles. 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