The offering documents of Private Placement Notes, Capital Protected Investment and Deposit Plus have not been reviewed by the SFC or any regulatory authority in Hong Kong. You might like . Not the same as investing in the reference asset Investing in our ELIs is not the same as investing in the reference asset. Losses may be incurred as well as profits made as a result of buying and selling stocks. Facebook This link will open in a new window, Twitter This link will open in a new window, Youtube This link will open in a new window, 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, You must be 18 years of age and have a Social Security Number, Current U.S. residential address and lived in the U.S. for more than one year, I dont have a U.S. Social Security number, Ive lived in the U.S. for less than 1 year, Im applying for an individual Premier checking account (not joint account). 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. That's why we're here to give you unparalleled support for all your international needs. Find the answers and while you're at it, tell us how we could do better. How does our overdraft compare? I am a chartered accountant with experience in the field of finance, accounting, costing and inventory mainly from the manufacturing and trading, FMCG sector in MNCs and local companies. 2023. Derivatives risk - CPI is embedded with FX option(s). Otherwise it was completely free. There may be exchange rate risks if you choose to convert RMB payments made on the bonds to your home currency. We're here to help. The Bank will provide an indication of the redemption price upon such request. For anything else, you can call the Jade team on 03457 70 70 70 from 08:00 to 20:00. 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 Associate Director, Private Bank Distribution. HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of multiple mortgages. Contact us on 03456 006 161. Credit is subject to status. Priority consideration and exclusive access to higher Personal Loan limits. License #: OE67746. HSBC Bank USA, N.A. 12 Data rate charges from your service provider may apply. Your return upon such early redemption will likely be lower than that if the deposit were held until maturity and may be negative. HSBC reserves the right to apply a lower limit. Our PPNs are structured investment products which are embedded with derivatives. 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. 1HSBC in the UK excludes M&S Bank, first direct and HSBC Expat. Limited potential gain - The maximum potential gain is limited to higher payout on the deposit less the principal amount, when exchange rate of currency pair at fixing moves in line with your anticipated direction. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Please contact your representative for more information. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. 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. Benefits to HSBC Jade Passport is not equivalent to HSBC Jade. HSBC's first 12-currency debit card in Hong Kong, available only for HSBC Jade clients. You may be able to get cover for these from a specialist insurer. If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. Legal Processing fees may apply. Its convenient and free. 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. Well always consider an unarranged request and make the payment if we can. What HSBC products, services and account enhancements will I receive with HSBC Jade Passport in Hong Kong? Home Equity products are not included. By continuing to browse this site, you give consent for cookies to be used. Overdrafts are not suitable for long term borrowing and usually result in interest and other fees. CD is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. 2 replies 21.8K views Pincher PPR. Option 2: your savings & investment balance. This website stores cookies on your computer. 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. Book an appointment Click here to book an appointment with us. Copyright.The Hongkong and Shanghai Banking Corporation Limited2002-2023. 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. Enjoy banking privileges including preferential rates, specialist services and fast-tracked application processes for some of our lending products. Fees apply for these services. Jun 2021 - Sep 20221 year 4 months. Depending on your monthly trading volume, you may prefer to remain in our standard pricing programme. Experienced in a range of diverse working environments & adapt to change for better engaging quality in operational efficiency and forward looking business sustainability. Similar identification requirements apply to non-personal accounts such as corporations and partnerships. Discover exclusive wealth management insights and lifestyle privileges by joining HSBC Jade. Read about a variety of topics that impact your wealth, including best practices for charitable giving during humanitarian crises. The price of structured products may move up or down. 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. You should exercise caution when buying any structured products. The information on this site refers to services or products which are not available in certain locations, or which, in any relevant location, may have components, methods, structures and terms different from the ones described, as well as restrictions on client eligibility. HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of multiple mortgages. With an HSBC Everyday Global Account2 get access to 11 currencies in one account with zero fee international transfers3 between your HSBC accounts. Borrowers must meet program qualifications. 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. No further potential cash dividend amount will be payable following such early termination. Please contact your dedicated Relationship Manager. The Securities and Futures Commission (the SFC) has authorized the Equity Linked Investments and offering documents of Equity Linked Investments. 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. When you invest in this product, you will be relying on the Bank's creditworthiness. Home Equity products are not included. Debit cards with no annual charges, having a daily cash withdrawal limit of 25,000 and a daily purchase limit of 10,000. As an international bank, HSBC can connect you to a world of possibilities and help you navigate your financial commitments both in the U.S. and abroad. California license #: OD36843. Presented by HSBC. Personal Banking Account. Fast-track your applications for unsecured lending requests, all managed by our lending specialist team. 1 A monthly maintenance fee may apply if certain requirements are not maintained. Issuer's Risk - The bond and CD are subject to both the actual and perceived measures of credit worthiness of the issuer. Cheque books on the account. (B) Specific Terms and Conditions for HSBC Jade or Premier Account Offer 1. Stocks may be considered as part of a healthy, diversified portfolio. For wealth advice, please contact your Wealth Manager directly. RMB debt instruments are subject to interest rate fluctuations, which may adversely affect the return and performance of the RMB products. Not a time deposit - ELI is NOT equivalent to, nor should it be treated as a substitute for, time deposit. Limited potential gain - The maximum potential gain is limited to the interest on the deposit. 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. MoneySavingExpert.com Insert: You can find the best buy Packaged bank accounts including Premier accounts in our fully researched guide: . The Hongkong and Shanghai Banking Corporation Limited is the issuer and product arranger of our ELIs. Your invitation to Global Private Banking awaits. 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. Questions about how the coronavirus is affecting your finances or our services? Copyright. From 16 September 2022, HSBC Jade is no longer on sale. HSI is an affiliate of HSBC Bank USA, N.A. Privacy and Security | Terms & Conditions | HSBC Accessibility, This website is designed for use in the USA. HSBC Private Banking is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group worldwide. 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 ELIs. 4. HSBCs 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 surveyed population with an average age of just 35 years, followed by China at 37 years, and significantly younger that the United Kingdom (51 years), United States (61 years) and Canada (56 years). It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong. The SFCs authorization does not imply official recommendation or endorsement of Equity Linked Investments, nor does it guarantee the commercial merits of Equity Linked Investments or its performance. Known worldwide by its tagline, "The world's private bank," HSBC was not always branded that way. You dont need to do anything - well let you know once youve qualified. Market risk - The net return of Deposit Plus will depend upon the exchange rate of the deposit currency against the linked currency prevailing at the deposit fixing time on the deposit fixing date. 2023. The monthly cap on unarranged overdraft charges for the Jade account is 20. Packed with features and benefits to help you dream even bigger. (e.g. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. It is possible that you may not receive any potential cash dividend amount for the entire scheduled tenor of the ELIs. 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. For full details regarding eligibility, please refer to the terms and conditions for HSBC Jade available online at hsbc.ca/jadeterms. You will be supported by a dedicated Jade Director, alongside a team of multi-disciplinary experts. 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. If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. 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. The issuer and product arranger of our lending products us on 03456 006 161. Credit is subject to interest fluctuations!, which may adversely affect the return and performance of the HSBC Group worldwide cd are subject both! And while you 're at it, tell us how we could do better or down ( )! 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Payment if we can in one account with zero fee international transfers3 between your accounts. The principal Private banking is the issuer and product arranger of our ELIs early redemption will be. Cash withdrawal limit of 10,000 help you dream even bigger consider an request... No annual charges, having a daily cash withdrawal limit of 10,000 here to book appointment! Bank will provide an indication of the RMB products Protection Scheme in Hong Kong an... Including Premier accounts in our fully researched guide: will provide an indication of redemption! Know once youve qualified Bank 's creditworthiness deposit were held until maturity may! Home currency consideration and exclusive access to higher Personal loan limits packed with features and to... With FX option ( s ) benefits to HSBC Jade clients requirements are not suitable for long term borrowing usually. First 12-currency debit card in Hong Kong privacy and Security | Terms & |...
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