Am I eligible for HSBC Advance?
From 19 Oct 2024, Advance account service are only applicable for the following types of customers: Staff of HSBC Group, Home Mortgage Loan customers, Premier downgrade customers,Personal Banking upgrade customers.
What is the monthly service fee for HSBC Advance?
From 15 Oct 2024, the Advance minimum Total Relationship Balance requirement and monthly service fee will be removed.
Is there any difference between HSBC Premier and HSBC Advance?
| Items | Tariff of Accounts and Services - Premier | Tariff of Accounts and Services - Advance |
|---|---|---|
| Relationship Manager | Premier Relationship Manager | Not applicable, you can contact HSBC China Customer Service Hotline at 95366 |
| Monthly Service Fee | CNY300 or equivalent* *For qualified Premier or Premier accounts associated with Business Vantage Lite Account (Elite Version) (BVLE), Premier Monthly Fee will be waived. For details, please refer to “important notes” point 3 in <Tariff of Accounts and Services for Wealth and Personal Banking Business>. |
Free |
Account Service Overseas HSBC Account Opening Booking |
Free* *This service and preferential fee only apply to qualified Premier customer (please refer to “important notes” point 3 in <Tariff of Accounts and Services for Wealth and Personal Banking Business> |
Not applicable |
Global Transfer Fund transfer to self-name HSBC accounts in other countries/territories via HSBC Global Transfer to Self |
Free
|
CNY50* per transaction * This is an indication charge. The actual charge per transaction will be USD7 or equivalent in other foreign currency. |
Global Transfer Fund transfer to other individual’s HSBC personal accounts in other countries/territories via HSBC Global Transfer to Family(Currently limited to transfers to HSBC overseas accounts held by family members under the same HSBC Premier Family) |
Free | Not applicable |
Overseas Remittances: HSBC International Education Payment Fund transfer via the “HSBC International Education Payment” platform for overseas education related payments (Effective from 12 Sep 2017) |
Free | CNY50 * per transaction * This is an indication charge. The actual charge per transaction will be USD7 or equivalent in other foreign currency. |
Debit Card ATM cash withdrawals outside Mainland China (per transaction) |
Overseas HSBC Group ATMs: Free | Overseas HSBC Group ATMs: CNY20/equivalent+1% of withdrawal amount |
| Items | Relationship Manager |
|---|---|
| Tariff of Accounts and Services - Premier | Premier Relationship Manager |
| Tariff of Accounts and Services - Advance |
Not applicable, you can contact HSBC China Customer Service Hotline at 95366 |
| Items | Monthly Service Fee |
| Tariff of Accounts and Services - Premier |
CNY300 or equivalent* *For qualified Premier or Premier accounts associated with Business Vantage Lite Account (Elite Version) (BVLE), Premier Monthly Fee will be waived. For details, please refer to “important notes” point 3 in <Tariff of Accounts and Services for Wealth and Personal Banking Business>. |
| Tariff of Accounts and Services - Advance | Free |
| Items |
Account Service Overseas HSBC Account Opening Booking |
| Tariff of Accounts and Services - Premier |
Free* *This service and preferential fee only apply to qualified Premier customer (please refer to “important notes” point 3 in <Tariff of Accounts and Services for Wealth and Personal Banking Business> |
| Tariff of Accounts and Services - Advance | Not applicable |
| Items |
Global Transfer Fund transfer to self-name HSBC accounts in other countries/territories via HSBC Global Transfer to Self |
| Tariff of Accounts and Services - Premier |
Free
|
| Tariff of Accounts and Services - Advance |
CNY50* per transaction * This is an indication charge. The actual charge per transaction will be USD7 or equivalent in other foreign currency. |
| Items |
Global Transfer Fund transfer to other individual’s HSBC personal accounts in other countries/territories via HSBC Global Transfer to Family(Currently limited to transfers to HSBC overseas accounts held by family members under the same HSBC Premier Family) |
| Tariff of Accounts and Services - Premier | Free |
| Tariff of Accounts and Services - Advance | Not applicable |
| Items |
Overseas Remittances: HSBC International Education Payment Fund transfer via the “HSBC International Education Payment” platform for overseas education related payments (Effective from 12 Sep 2017) |
| Tariff of Accounts and Services - Premier | Free |
| Tariff of Accounts and Services - Advance |
CNY50 * per transaction * This is an indication charge. The actual charge per transaction will be USD7 or equivalent in other foreign currency. |
| Items |
Debit Card ATM cash withdrawals outside Mainland China (per transaction) |
| Tariff of Accounts and Services - Premier | Overseas HSBC Group ATMs: Free |
| Tariff of Accounts and Services - Advance | Overseas HSBC Group ATMs: CNY20/equivalent+1% of withdrawal amount |
Please note:
(1) Some investment products are not applicable to Advance customers, please refer to relevant product documents or visit our local HSBC Branch for enquiries.
(2) Some preferential deposit interest rates are not applicable to Advance customers. For more information, please check HSBC mobile app, visit our local HSBC branch or call our customer service hotline.
(3) Some products, privileges and promotions of credit cards are not applicable to Advance customers, please visit HSBC website for details.
HSBC China existing account service types, customer types, “Qualified Premier Customer” and monthly service fee are subject to <Tariff of Accounts and Services for Wealth and Personal Banking Business> published by official website.
For more information, please refer to the Frequently asked questions page.
Disclaimer
These FAQs are intended to provide an overview of the information on issues related to financial products or services, or regulatory requirements faced when undertaking financial activity in mainland China. Due to the diversity and complexity of financial products/services and local regulatory environment, these FAQs can only provide an outline of the issues. The information is provided for your reference only, and shall not be construed as legal, financial or any other professional advice. HSBC makes no guarantee, representation or warranty and accepts no responsibility for the accuracy updatedness and/or completeness of the information.