Find out more. By browsing our website, you consent to our use of cookies and other tracking technologies. You’ll need to maintain a minimum balance of GBP 10,000 currency equivalent. Enjoy exclusive privileges, priority services, and open & honest financial advice. Salary accounts have very low or no requirements for minimum balance. HSBC Premier Account Min salary-15000 AED onwards Min Balance-100000 AED onwards Benefits Apply online for Premier Account It can be opened with zero balance. No monthly fee Premier chequing account with unlimited transactions (available in CAD & USD) when eligibility criteria is met; With no minimum balance required in your chequing account - keep your finances flexible by putting your money in any HSBC chequing, savings, TFSAs, RRSPs and much more To be eligible, you need to maintain minimum total relationship balance 1 of HKD 7,800,000 or more. Questions about how the coronavirus is affecting your finances or our services? Your Minimum Total Relationship Balance 1 of RM30,000 or sign up for an HSBC Home Loan of RM300,000 and above; Nominate your HSBC Advance account as your salary account. The average monthly balance is a combination of savings account, current account and fixed deposit balances. It is a smart and convenient way to grow your money. Discover which one best suits your needs, from a basic savings to Premier. A basic savings account available in Omani rial, UAE dirham, US dollar, Euro, pound sterling, and other major currencies (minimum balance required OMR 100 or equivalent) An HSBC Savings Debit Card that you can use at ATMs and to make purchases at over 25 million retail outlets worldwide Find out more about an HSBC Debit Card. Some salary account can have Joint account holders. It has a requirement of a higher balance to be maintained in the account and comes with a host of features like a dedicated RM (Relationship Manager) and a global view of the account. However, the applicants for the Joint Account will need identification proofs. Once the account is open, no withdrawals are allowed within 12 months. bonus interest rate, capped at … Click here for more details. At the end of 12 months, the account balance will be transferred into a Flexible Saver, Preferential Flexible Saver or HSBC Savings account. For more details, please read our Privacy Policy. Key benefits include: The bank will scrap these below-balance fees, as well as monthly or annual service fees, and associated charges such as counter transaction fees for a range of personal savings accounts. HSBC offers savings accounts to its customers to meet their everyday banking needs. HSBC Premier eligibility criteria Maintain a balance of OMR 35,000 in deposits and/or investments, or Salary transfer of OMR 4,000 or above for the first 12 months after which point (1) applies 1 In the interest of fairness, some transactions may be charged at cost to the bank. Maintain an Average Quarterly Balance (AQB) of INR150,000 or more in a combination of savings account, current account and fixed deposit balances, or Hold a Corporate Salary Account under the Corporate Employee Programme (CEP) with monthly salary credits into this account 5 , or A minimum of RM20 is required to be maintained in the account at all times; No service charge or maintenance fee; Member of Perbadanan Insurans Deposit Malaysia Protected by Perbadanan Insurans Deposit Malaysia up to RM250,000 for each depositor *. In face of the competition, HSBC has to persuade its small depositors, particularly young and tech-savvy customers, to stay. There are two types of Savings Account with the bank which are mentioned below each with complete details. Three million customers in Hong … If the amount is to be credited in another currency to an HSBC account, the prevailing exchange rate will apply Click here for more information. Find out more about HSBC Time Deposit Account. Every feature that HSBC can offer in a checking account; Cons. Effective 18th December 2018, Capital First & IDFC Bank have merged. With Singapore dollar time deposits, you can earn higher interest rates than an ordinary savings account. On … For inquiries or complaints, please call HSBC's Customer Service at (02) 8858-0000 from Metro Manila, +1-800-1-888-8555 PLDT domestic toll-free, (02)7976-8000 from overseas, (International Access Code) + 800-100-85-800 international toll-free for selected countries/regions, or send an email to hsbc@hsbc.com.ph.If you want to find out more about HSBC's customer feedback procedures, please … You won’t be charged for those transactions, all the charges for those transactions will be paid by the bank. HSBC has announced it will remove minimum balance requirements and fees for personal accounts from 1 August. Ben Kwong, director of brokerage at KGI Asia, said HSBC’s decision to cancel the minimum balance fee was part of its plan to head off the fierce competition from the wave of virtual banks due to set up in Q4 this year, according to SCMP. No interest is payable if the balance falls below the minimum account opening balance Eligibility If you’re new to HSBC Expat, you’ll need to hold a minimum GBP 50,000 or currency equivalent in deposits and investments with us or have a sole minimum salary of GBP 100,000 or currency equivalent. Salary accounts also make the payment of utility bills easy and convenient. And HSBC’s advance integrated account holders need to pay HK$120 a month if they have a three-month average balance of less than HK$200,000. Please see the Schedule of Charges here. 2 The minimum deposit and the HSBC Online banking registration must be completed within 30 days of Chequing account opening. All rights reserved. Minimum deposit of SGD5,000 to open an account. Minimum monthly salary of RM3,000 with a HSBC/HSBC Amanah Credit Card 2 or minimum monthly salary … What's more, your debit card can also be used as a public transit card. 6 Twitter features that enabled Filipinos to join conversations on 2020, Pauline Lopez among top taekwondo jins tapped in Hasbro-World Taekwondo Federation partnership, #AsiaeCommerceAwards spills: How NTUC Enterprise is packing a punch in the grocery space, Friso Singapore takes a dump on marketing clutter with 'poop' talk, #AsiaeCommerceAwards spills: The whitespace that DKSH is eyeing, #AsiaeCommerceAwards spills: What customers expect from the rebranded GOGOVAN, #MarketingExcellenceAwards spills: Construct Digital builds plans to ready for post-pandemic era. Also, salary account does not need a minimum opening balance. HSBC said it will remove minimum balance requirements and below balance fees for Personal Integrated Account customers, with effect from 1 August 2019. HDFC Bank Savings Account Minimum Balance: For regular savings accounts held in HDFC Bank's metro and urban branches, the customer is required to maintain an average monthly balance … HSBC India has revised the minimum average monthly balance for its basic savings account, other than the no-frills account and corporate salary account, to Rs 150,000 with effect from January 2014. You must meet the following requirements to be eligible: Singapore Citizens or Permanent Residents: You can also call your Relationship Manager directly, or contact us through our telephone banking hotline at: If you are overseas, please call (65) 6-HSBC-NOW (4722 669). No minimum balance required for Youth and Premier Children Savings account Check eligibility and how to apply Check eligibility and how to apply for HSBC eFlexi Account Salary Credit Bonus Interest Simply credit a monthly salary of minimum SGD2,000 from your employer into your eFlexi account through GIRO, and enjoy 0.80% p.a. 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