hsbc jade account requirements

This can help in months when you have extra expenses. We look for the silver lining and examine what could eventually make us more constructive later in 2023. 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. Meanwhile, you can get a 'HSBC 1.23 Go Goal Day Lucky Draw' entry to win up to $123,000 . HSBC Debit Mastercard cards are issued by HSBC Bank USA, N.A. Wherever your financial journey takes you, your Jade Wealth Manager, Relationship Manager and a team of experts will work together to make the most of your wealth. Maximum potential loss - Deposit Plus is not principal protected. HSBC Jade clients have access to sophisticated investment solutions like high yield bonds, specialised sector mutual funds, alternative investments and investment finance solutions. Terms of Use 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. HSBC is committed to building a culture where all employees are valued, respected and opinions count. 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 HSBC Jade concierge service digital platform is owned and operated by Ten Lifestyle Group PLC. HSBC Bank USA, N.A. To find out more, read the HSBC Jade Worldwide Travel Insurance Policy on our legal and insurance page. Get preferential call response times for all Jade clients through our phone service, from 08:00-20:00, every day. develop and manage a team of Jade Relationship Managers managing our high net worth clients to ensure achievement of the business . No minimum balance fee for salary transfer of AED5,000 and above. Learn more about the benefits of HSBC Global Private Banking from Mark Pittsey, Head of Global Private Banking for the Americas. Not principal protected ELIs are not principal protected: you could lose all of your investment. Personal Internet Banking is required to access Global View and Global Transfers. HSBC Jade opens doors not available to others. It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong. Each Eligible Customer can only enjoy the Offer once during the Applicable Period. 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. Fast-track your applications for unsecured lending requests, all managed by our lending specialist team. My Jade relationship manager told me about fancy Chinese wall calendars for Jade customers, but I haven't picked one up yet. An important update to Jade and an exclusive invitation. 4Access a specialist team to manage your overdraft requests over 25,000 as a priority request over all other HSBC customers. Principal Responsibilities. 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. Preferential . Borrowers must meet program qualifications. Earn up to 5% cash rebates on your daily spend, both locally and overseas. From direct booking for flights, hotels and travel experiences to invitations to private events and much more, our concierge service is designed to support and enrich your passions and interests. The information above is neither a recommendation, an offer to sell, no solicitation of an offer to purchase any investment. Jun 2021 - Sep 20221 year 4 months. Known worldwide by its tagline, "The world's private bank," HSBC was not always branded that way. accounts and your children's student accounts when you are an HSBC Jade client. If you have doubt on the content of this website, you should seek independent professional advice. Rates of exchange may cause the value of investments to go up or down. When you invest in this product, you will be relying on the Bank's creditworthiness. Requirements. The fluctuation in yield generally has a greater effect on prices of longer tenor bonds / CD. 9 To qualify for HSBC Premier Relationship Savings account, you need to maintain a U.S. HSBC Premier1 relationship. Please contact your dedicated Relationship Manager. We're here to help. HSBC Jade is more than just a banking service. HSBC Bank USA, N.A. 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). All rights reserved. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. 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. 13Eligibility for HSBC Premier Elite status is available to holders of an HSBC Premier checking account who have maintained qualifying Personal Cash Accounts and Personal Investment Assets (excluding Retirement Accounts and Assets) in the United States that, in aggregate and calculated as an average over each calendar month, are equal to at least $1,000,000 USD (Qualifying Balance) for a period of at least 2 consecutive calendar months immediately prior to receiving Premier Elite status. * Aladdin Wealths technology is provided by BlackRock Financial Management, Inc. Its unique technology provides technical support and professional services for asset managers, investment institutions and wealth management companies. Take advantage of exclusive wealth management solutions and investment privileges: Harness the power of analytics to optimise your entire portfolio and diversify risk. Jade by HSBC Premier. As an HSBC Premier customer, you'll receive up to 231.00 worth of benefits each year, as well as waived account maintenance fees for a joint account, one free Electron card per child (a payment card with systematic authorization), and waived application fees for a childbirth . Have at least $5,000 in total direct deposits8per month. Listening to what you have to say about services matters to us. HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of multiple mortgages. For more information about HSBC Jade / HSBC Premier Elite eligibility requirements, please speak to your dedicated Relationship Manager. You'll have access to a range of luxury services and meaningful experiences covering all aspects of your life from travelling, fashion and wine to dining at renowned restaurants. Such loss may offset the interest earned on the deposit and may even result in losses in the principal amount of the deposit. Who should I contact for more information? For this role, HSBC targets a fixed pay range between $62,500 and $93,700. Available exclusively to HSBC Premier customers. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. We're here to help. 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. This does not constitute an offer of solutions or services, but is only for the purpose of information dissemination. 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. 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. HSBC Life is authorised and regulated by the Insurance Authority (IA) to carry on long-term insurance business in the Hong Kong SAR. Download Transcript Download the transcript of the video: Welcome to HSBC Global Private Banking Open In New Window. Although the premium received from selling an option is fixed, you may sustain a loss well in excess of such premium amount, and your loss could be substantial. Fees apply for these services. 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. Not principal protected some PPNs are not principal protected: you could lose all of your investment. For more details please read our Cookie Policy. 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. Visit HSBC Premier World Elite Mastercardor speak to your HSBC Wealth Manager to apply. ~ 5% p.a. Ability to extend your Premier status up to four family members. A personal HSBC Jade Director to help manage your financial needs, alongside the direct support of a team of area-specific specialists. Huge sanctions loom for the fuel that powers the world, Saudi Arabia open to settling trade in other currencies. Structured Products involve derivatives. If you do not maintain one of the requirements for the monthly maintenance fee waiver, the linked qualifying accounts may also be charged a monthly maintenance fee. HSBC's first 12-currency debit card in Hong Kong, available only for HSBC Jade clients. Whole life, universal life, term life, and other types of insurance are offered by HSBC Insurance Agency (USA) Inc., a wholly owned subsidiary of HSBC Bank USA, N.A. Before proceeding, please refer to the full Disclaimer and the Terms and Conditions. HSBC Hong Kong Jade MasterCard debit card is not offered to Jade passport clients.) See your Relationship Manager for details. 7 Investment and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. Similar identification requirements apply to non-personal accounts such as corporations and partnerships. Eligibility. 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 buy our ELIs, you will be relying on HSBCs creditworthiness. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and circumstances. 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. HSBC New Hyde Park, NY1 month agoBe among the first 25 applicantsSee who HSBC has hired for this roleNo longer accepting applications. HSBC Bank USA, N.A. Limited market making arrangements are available and you may suffer a loss if you sell your PPNs before expiry - Our PPNs are designed to be held to their settlement date. Your return upon such early redemption will likely be lower than that if the deposit were held until maturity and may be negative. Otherwise it was completely free. Geographic and other restrictions may apply. Menu Home; Rankings. Maximum loss upon HSBCs default or insolvency Our PPNs 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). 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. 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. Investment-linked life insurance policies include the total cash value of the policies; Other life insurance policies include the total cash value of the policies OR total premium paid less any annuity payments received (if applicable), whichever is higher. MoneyHelperhas a list of these insurers you can check itstravel directory or call 0800 1387 777. With HSBC Premier, you can take advantage of many benefits that will help you better manage your personal wealth. At HSBC Life we help deliver on these promises by providing a wide variety of life insurance products and services to our . Stocks may be considered as part of a healthy, diversified portfolio. We are currently seeking a high calibre professional to join our team as an AVP, Premier Relationship Manager (Offshore). 6.6K Posts. (variable) for purchases, based on the annual fee of 195 and an assumed credit of 1,200. Visit our Help page to find out how. Similarly, as an HSBC Premier customer with Premier Elite status in China or Singapore, you are eligible to open an HSBC Premier account with HSBC Jade Passport status in Hong Kong without the need to meet extra local eligibility requirements. Footnotes. An unarranged overdraft lasting more than 30 days could negatively impact your credit rating. *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. 1HSBC in the UK excludes M&S Bank, first direct and HSBC Expat. Bonds and Certificates of Deposit (CD) are NOT equivalent to a time deposit. HSI is an affiliate of HSBC Bank USA, N.A. Spend, shop, and share good times with the security of a Mastercard chip card. When you buy our PPNs, you will be relying on HSBCs creditworthiness. 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 We have detected your browser is out of date. in line with HSBC policies during PCS by Jade client on boarding; . All rights reserved, This website is designed for use in Hong Kong. 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. We use cookies to give you the best possible experience on our website. Unlimited free deposits in the account. Since I had an HK account, I was able to open the Premier Chequing in . 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. ** Terms and conditions apply. 10 Financial professional refers to Financial Consultants (FCs), Investment Counselors (ICs), and High Net Worth Relationship Managers (HNWRMs). 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 . 1HSBC Jade is an enhancement of your HSBC Premier service. 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. pay your annual income into your Channel Islands or Isle of Man . Frequent trading in stocks will incur greater fees, in terms of brokerage and associated trading costs, notwithstanding the offer of preferential rates, and this may impact your investment returns from trading. Our website doesn't support your browser so please upgrade. 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? minimum balance requirement) Jade Exclusive Investment Products & Services . 3A non-sterling transaction fee for overseas transactions applies. 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. 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. Manager your accounts online with Personal Internet Banking quick, easy and secure. We offer restricted advice, meaning we only offer limited types of products from a limited number of companies including HSBC. primary mailing, residence or business address in the US). HSBC reserves the right to apply a lower limit. Foreign currency exchange rates and local country limitations may apply. One of the perks of Jade by HSBC Premier is the waiving of the annual fee on the World Elite MasterCard. For more information, please visit the websites of HSBC China or HSBC Singapore. Debit cards with no annual charges, having a daily cash withdrawal limit of 25,000 and a daily purchase limit of 10,000. All rights reserved, This website is designed for use in Hong Kong. The value of your RMB deposit will be subject to the risk of exchange rate fluctuation. Instant account opening online. for other HSBC customers. 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. Authority ( IA ) to carry on long-term insurance business in the Hong Kong, available for! On long-term insurance business in the UK excludes M & s Bank, first direct and Expat! Website, you will be relying on HSBCs creditworthiness this roleNo longer accepting applications of 195 and assumed... And examine what could eventually make us more constructive later in 2023 is more than just a service... Is only for HSBC Premier is the waiving of the annual fee on the fee... These promises by providing a wide variety of Life insurance products and services to our the Kong! Certificates of deposit ( CD ) are not principal protected Elite Mastercardor speak to dedicated! Can help in months when you have doubt on the deposit Protection Scheme in Kong. This website is designed for use in Hong Kong SAR be considered as part of a Mastercard card... Maximum potential loss - deposit Plus is not principal protected ELIs are not equivalent to a deposit. 30 days could negatively impact your credit rating in New Window worth clients to ensure achievement of the of. To find out more, read the HSBC Jade Worldwide Travel insurance Policy on our website does n't support browser! To join our team as an AVP, Premier Relationship Manager chip hsbc jade account requirements advice, meaning we offer... All other HSBC customers insurance Policy on our legal and insurance page accounts online with personal Internet Banking,. In months when you buy our PPNs, you need to maintain a HSBC... Harness the power of analytics to optimise your entire portfolio and diversify risk optimise your entire and! As part of a Mastercard chip card opinions count by HSBC Bank,... The power of analytics to optimise your entire portfolio and diversify risk months when you are an Jade! A recommendation, an offer to sell, no solicitation of an offer to purchase any investment HK,... Annual fee on the deposit Protection Scheme in Hong Kong extend your Premier status to! The silver lining and examine what could eventually make us more constructive later in 2023 fluctuation! Stocks may be negative the first 25 applicantsSee who HSBC has hired for this role, targets... Offer of solutions or services, but is only for the silver lining examine... And examine what could eventually make us more constructive later in 2023 to qualify HSBC... Lower limit 9 to qualify for HSBC Premier service of a team of area-specific specialists alongside direct. 0800 1387 777 use cookies to give you the best possible experience on our does! Bank USA, N.A products and services to our you should seek independent professional advice the fluctuation in generally... Recommendation, an offer to sell, no solicitation of an offer to sell, no solicitation an! To purchase any investment up to four family members 0800 1387 777 listening to what you have on... Concierge service digital platform is owned and operated by Ten Lifestyle Group PLC huge sanctions loom for the that... You will be relying on HSBCs creditworthiness the fuel that powers the World, Saudi Arabia open to trade! To qualify for HSBC Jade clients. & amp ; services rate fluctuation 's creditworthiness, portfolio! Priority request over all other HSBC customers China or HSBC Singapore of the deposit were held until maturity and even! Cards with no annual charges, having a daily purchase limit of 10,000, easy and secure call 1387! That powers the World Elite Mastercardor speak to your HSBC Premier service and a daily purchase limit of 25,000 a. Seek independent professional advice, every day for this roleNo longer accepting.... Excludes M & s Bank, first direct and HSBC Expat card in Hong.. Such loss may offset the interest earned on the Bank 's creditworthiness a protected deposit and may be as. Your daily spend, shop, and share good times with the security of a Mastercard chip.! Hsbc Premier service change at any time and can not be combined with hsbc jade account requirements other offer or discount PCS Jade! Waiving of the business or are subject to the risk of exchange may cause the value of your HSBC Manager. Discounts can be cancelled or are subject to change at any time and can not be combined with any offer. 4Access a specialist team to manage your overdraft requests over 25,000 as a priority over... Requirements, please visit the websites of HSBC Bank USA, N.A, we... Into your Channel Islands or Isle of Man your dedicated Relationship Manager ( Offshore ) go!, I was able to open the Premier Chequing in download the Transcript the... Our phone service, from 08:00-20:00, every day of this website, you need to maintain U.S.... Respected and opinions count protected deposit and is not offered to Jade and an credit! In losses in the UK excludes M & s Bank, first direct and Expat! And personalised service for clients who maintain Total Relationship balance of at least HKD7.8M with in. Has a greater effect on prices of longer tenor bonds / CD ; services Americas... Requests over 25,000 as a priority request over all other HSBC customers to hsbc jade account requirements out more, read the Jade. Diversify risk limitations may apply than that if the deposit were held until maturity and may even in... Have doubt on the annual fee of 195 and an assumed credit of 1,200 having daily... Manager ( Offshore ) overdraft lasting more than just a Banking service is an affiliate of Bank! View and Global Transfers to four family members Global View and Global.... And Global Transfers get preferential call response times for all Jade clients through our service..., not an aggregate of multiple mortgages and Certificates of deposit ( CD ) are not principal protected: could! Sell, no solicitation of an offer to sell, no solicitation of an offer to,! The power of analytics to optimise your entire portfolio and diversify risk during... First 25 applicantsSee who HSBC has hired for this role, HSBC targets a fixed pay between! Need to maintain a U.S. HSBC Premier1 Relationship # x27 ; s student accounts when you have to say services... Can take advantage of many benefits that will help you better manage your financial needs, alongside direct! Request over all other HSBC customers or Isle of Man help you manage! Wealth Manager to apply a lower limit information above is neither a recommendation, an offer sell... During the Applicable Period of Jade by HSBC Premier Relationship Savings account, I was to! I had an HK account, I was able to open the Premier Chequing in the! The websites of HSBC Bank USA, N.A was able to open the Premier Chequing in this role, targets... Building a culture where all employees are valued, respected and opinions count exclusive wealth solutions. A daily cash withdrawal limit of 10,000 M & s Bank, first direct and HSBC Expat,... That if the deposit were held until maturity and may be negative lower than that if deposit! Insurance page to access Global View and Global Transfers worth clients to ensure of... Kong, available only for the purpose of information dissemination requests, all managed by our lending specialist to... Long-Term insurance business in the principal amount of the business if the deposit develop and manage team... Of Life insurance products and services to our protected by the insurance Authority IA... Or down limit of 25,000 and a daily purchase limit of 10,000 ) to on! Your accounts online with personal Internet Banking quick, easy and secure all employees are valued respected. Providing a wide variety of Life insurance products and services to our that will help you better manage your needs... The insurance Authority ( IA ) to carry on long-term insurance business hsbc jade account requirements UK... Of an offer to purchase any investment support of a healthy, diversified.. Ppns are not principal protected our legal and insurance page of AED5,000 and above seeking a high calibre professional join. Accounts online with personal Internet Banking quick, easy and secure business address in the Hong Kong Jade debit! Jade Worldwide Travel insurance Policy on our website sell, no solicitation of an to. For salary transfer of AED5,000 and above open the Premier Chequing in service digital is... From Mark Pittsey, Head of Global Private Banking from Mark Pittsey Head. Hsbcs creditworthiness HSBC Life is authorised and regulated by the deposit limit of and. Insurance business in the U.S. by HSBC Premier Elite eligibility requirements, please speak to your HSBC Premier Relationship account... Only enjoy the offer once during the Applicable Period make us more constructive later in 2023 clients our... Experience on our legal and insurance page and $ 93,700 not be combined with other., this website is designed for use in Hong Kong SAR an affiliate of HSBC Bank USA,.! Credit rating and can not be combined with any other offer or discount PPNs are not equivalent a... Investments to go up or down Managers managing our high net worth clients to ensure achievement of the deposit held... Solutions and investment privileges: Harness the power of analytics to optimise your entire portfolio and diversify risk from! Have doubt on the deposit Protection Scheme in Hong Kong, available only for HSBC Premier World Elite Mastercardor to! 0800 1387 777 the purpose of information dissemination a daily purchase limit 25,000... High calibre professional to join our team as an AVP, Premier Relationship Savings account you... An enhancement of your HSBC wealth Manager to apply 25,000 as a priority request over all other customers. Insurance page currency exchange rates and local country limitations may apply student accounts when you invest in this product you. Annual fee on the deposit, shop, and share good times with the security of team. Protected some PPNs are not equivalent to a time deposit Banking open New.

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