HSBC Premier International Services Y K · In the UK, HSBC Premier and the HSBC Premier Bank...

HSBC Premier International ServicesLive a fuller life, wherever you are

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Opening a bank accountin a different country

Relocationwithout the complication

Whether you’re moving to a new country to work, starting a new life abroad, or sending your children abroad to study, our international services can help you in many countries and territories worldwide.

If you’re considering a move overseas, we may be able to make sure your financial needs are taken care of in your new country. We could help set up your account before you arrive, and ensure your finances are transferred. This is subject to local terms and conditions and receipt of correctly completed account opening documentation.

The services available depend on the country you are going to, your needs, and whether you are an HSBC Premier customer. Where appropriate, we may also be able to set up an offshore bank account through HSBC Expat.

Whilst banking offshore may have tax benefits for you, tax rules differ from country to country. If you are unsure about your personal tax obligations, you should seek professional advice. It is your responsibility to disclose your income to the tax authorities.


Opening a bank accountin a different country

Relocation Whether you’re moving to a new country to work, starting a new life abroad, or sending your children abroad to study, our international services can help you in many countries and territories worldwide.

If you’re considering a move overseas, we may be able to make sure your financial needs are taken care of in your new country. We could help set up your account before you arrive, and ensure your finances are transferred. This is subject to local terms and conditions and receipt of correctly completed account opening documentation.

The services available depend on the country you are going to, your needs, and whether you are an HSBC Premier customer. Where appropriate, we may also be able to set up an offshore bank account through HSBC Expat.

Whilst banking offshore may have tax benefits for you, tax rules differ from country to country. If you are unsure about your personal tax obligations, you should seek professional advice. It is your responsibility to disclose your income to the tax authorities.

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Becoming an HSBC Premier customer

Access to HSBC Premier Specialists

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HSBC Premier customers have access to our world wide facilities and dedicated staff, including our relationship management service which is there to help you manage your banking and finances and make the most of HSBC Premier.

The International Banking centre is available to all HSBC Premier customers, to act as a centre of expertise for customers with international account opening needs.

Start here:

® Contact a Premier Manager or call our 24/7 telephone banking service on 03457 70 70 70

® Call our International Banking Centre on 0345 607 6706 or +44 20 7991 7414*

® Click hsbc.co.uk/premier

® Or visit any HSBC branch and they can put you in touch with the International Banking Centre.

* Lines are open 9am to 5pm Monday to Friday, excluding UK public holidays. To ensure that we carry out your instructions accurately, to help us to continually improve our service, and in the interest of security, we may monitor and/or record your calls with us.

In the UK, HSBC Premier is available to you, as long as you pay your annual income into your HSBC Premier Bank Account and either:

® have savings or investments of at least £50,000 with HSBC in the UK; or

® have an individual annual income of at least £75,000 and one of the following products with HSBC in the UK:

• a mortgage;

• an investment, life insurance or protection product;

or, qualify for HSBC Premier in another country.

If you are a Non-Resident Premier customer meeting the eligibility criteria, we can offer you a Relationship Management service. They are specifically trained to address and facilitate the financial needs of our International customers.

In the UK, HSBC Premier and the HSBC Premier Bank Account is provided by HSBC UK Bank plc.

For eligiblity purposes HSBC in the UK excludes M&S Bank, First Direct and HSBC Expat. For the second criteria, in the case of a joint account, at least one of the parties must have an individual annual income of at least £75,000. The investment, life insurance or protection products also include those purchased through one of HSBC’s advisers.

Please visit hsbcpremier.com for a full list of our HSBC Premier international services.


Becoming an HSBC Premier customer

Access to HSBC Premier Specialists

5

HSBC Premier customers have access to our world wide facilities and dedicated staff, including our relationship management service which is there to help you manage your banking and finances and make the most of HSBC Premier.

The International Banking centre is available to all HSBC Premier customers, to act as a centre of expertise for customers with international account opening needs.

Start here:

® Contact a Premier Manager or call our 24/7 telephone banking service on 03457 70 70 70

® Call our International Banking Centre on 0345 607 6706 or +44 20 7991 7414*

® Click hsbc.co.uk/premier

® Or visit any HSBC branch and they can put you in touch with the International Banking Centre.

* Lines are open 9am to 5pm Monday to Friday, excluding UK public holidays. To ensure that we carry out your instructions accurately, to help us to continually improve our service, and in the interest of security, we may monitor and/or record your calls with us.

In the UK, HSBC Premier and the HSBC Premier Bank Account is provided by HSBC UK Bank plc.

For eligiblity purposes HSBC in the UK excludes M&S Bank, First Direct and HSBC Expat. For the second criteria, in the case of a joint account, at least one of the parties must have an individual annual income of at least £75,000. The investment, life insurance or protection products also include those purchased through one of HSBC’s advisers.

Please visit hsbcpremier.com for a full list of our HSBC Premier international services.


Moving overseas with HSBCPremier international service

As an HSBC Premier customer, you’ll receive exceptional service and preferential rates and terms on a selected range of products and services.

With access to a relationship management service, at home and in the new country, as well as 24/7 telephone and internet banking*1.

Take a look at some of these international services which are available in many countries and territories worldwide:

® If you already qualify as an HSBC Premier customer in the UK, you will automatically receive the HSBC Premier service and all its benefits in your new country, if it is available. (HSBC Premier service is not available in every country)

® Where available we can get your overseas HSBC Premier account up and running before you leave for your new country and dispatch cards, cheque books and PIN numbers for your new overseas account within 10 working days of account opening (subject to local terms and conditions and receipt of correctly completed account opening documentation)

® Access to credit cards with similar limits to those you currently enjoy with HSBC in the UK (subject to status (creditworthiness assessment), local laws and terms and conditions)

® Use your UK HSBC Premier Debit Card to make cash machine withdrawals. Wherever you are in the world, we won’t charge you cash fees (cash machine transaction fees), however some cash machine operators may apply a direct charge for withdrawals from their cash machines which they should tell you about on screen before you withdraw any money. We’ll charge you a non-sterling (foreign transaction) fee, currently 2.75% of the sterling amount of the transaction

® We will undertake an International Needs Review with you before you move to help make sure all your banking needs are covered

® When you get to your new country, we will contact you to make sure all your banking facilities are running smoothly

® We can arrange to introduce you to our expat banking specialists, based at HSBC Expat, where appropriate.

Manage your money online with Global ViewWith HSBC Premier you can view most of your HSBC accounts around the world on one screen and manage your money from one single internet login via HSBC’s Global View.

Our Global Transfer service allows you to transfer funds between your HSBC Premier accounts using Global Transfers within Global View with no additional charge. (Global Transfers are not available in all countries).

*1 Subject to planned maintenance periods.

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® Use your UK HSBC Premier Debit Card to make cash machine withdrawals. Wherever you are in the world, we won’t charge you cash fees (cash machine transaction fees), however some cash machine operators may apply a direct charge for withdrawals from their cash machines which they should tell you about on screen before you withdraw any money. We’ll charge you a non-sterling (foreign transaction) fee, currently 2.75% of the sterling amount of the transaction

® We will undertake an International Needs Review with you before you move to help make sure all your banking needs are covered

® When you get to your new country, we will contact you to make sure all your banking facilities are running smoothly

® We can arrange to introduce you to our expat banking specialists, based at HSBC Expat, where appropriate.

Manage your money online with Global ViewWith HSBC Premier you can view most of your HSBC accounts around the world on one screen and manage your money from one single internet login via HSBC’s Global View.

Our Global Transfer service allows you to transfer funds between your HSBC Premier accounts using Global Transfers within Global View with no additional charge. (Global Transfers are not available in all countries).



Is HSBC Expat for you?

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Is HSBC Expat for you?At HSBC Expat, we believe that living in different countries has the power to enrich life. It can be a journey that leads to new experiences and opportunities. But it can also make looking after your money quite complicated.

With 24/7 access*1 to specialist products and services, HSBC Expat could give you the support you need to manage your finances and help reduce the complexity as you move around the world. Subject to status (creditworthiness assessment) and local terms and conditions.

Your money stays in one place. Even if you don’t HSBC Expat is based in Jersey, Channel Islands, one of the world’s leading international financial centres, according to the 2016 Citywealth International Financial Centre Awards. Depending on your circumstances, you may also benefit from tax efficiencies on your offshore savings and investments.

Your tax obligationsWhilst banking offshore may have tax benefits for you, tax rules differ from country to country. If you are unsure about your personal tax obligations, you should seek professional advice. It is your responsibility to disclose your income to the tax authorities.

HSBC Expat is a division of HSBC Bank plc in Jersey.

Where HSBC Expat fits inHSBC Expat provides the link between your financial commitments back home and in the country you’re living in or moving to, enabling you to have a long-term relationship with a bank that understands and caters for your international lifestyle.

If you already qualify for the HSBC Premier service with another part of the HSBC Group, you’ll automatically qualify for HSBC Premier with HSBC Expat. If you’re new to the HSBC Group, you’ll need to save and/or invest a minimum of £50,000 (or currency equivalent) with HSBC Expat, or earn a sole salary of £100,000 or more (or currency equivalent) to enjoy our HSBC Premier service.

HSBC Expat – benefits at a glance® A central location for expat finances

® Accounts in up to 19 currencies

® Foreign exchange, UK mortgage and International Wealth Management solutions

® 24/7 online and telephone support from a relationship management team*1

® Free expat resources (guides, insights, case studies and online tools).



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Where HSBC Expat fits inHSBC Expat provides the link between your financial commitments back home and in the country you’re living in or moving to, enabling you to have a long-term relationship with a bank that understands and caters for your international lifestyle.

If you already qualify for the HSBC Premier service with another part of the HSBC Group, you’ll automatically qualify for HSBC Premier with HSBC Expat. If you’re new to the HSBC Group, you’ll need to save and/or invest a minimum of £50,000 (or currency equivalent) with HSBC Expat, or earn a sole salary of £100,000 or more (or currency equivalent) to enjoy our HSBC Premier service.

HSBC Expat – benefits at a glance® A central location for expat finances

® Accounts in up to 19 currencies

® Foreign exchange, UK mortgage and International Wealth Management solutions

® 24/7 online and telephone support from a relationship management team*1

® Free expat resources (guides, insights, case studies and online tools).


HSBCExpat

Home account

An account in your home country to meet financial commitments

back home

Expat account

A central offshore location to grow and manage your wealth as you move around

the world

Host account

A local account in your country of residence

to manage day-to-day living expenses


If you hold another type of HSBC bank account

This brochure contains a summary of some of the products and services provided by HSBC UK Bank plc and HSBC Bank plc.

HSBC UK Bank plc is incorporated in England and Wales and is established at 1 Centenary Square, Birmingham B1 1HQ, United Kingdom, its registered office. In the UK, HSBC UK Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for the conduct of deposit taking, investments and general insurance business and credit business under reference number 765112. You can check our name, address and statutory status by telephoning 0800 111 6768 or by visiting the FCA website fca.org.uk

Your Bank or Savings Account with HSBC UK Bank plc is protected up to the FSCS compensation limit by the Financial Services Compensation Scheme, the UK’s deposit protection scheme (most deposits are covered by the scheme). For more information, please visit the FSCS website at fscs.org.uk and the HSBC Personal Banking Terms and Conditions and Charges.

HSBC Expat is a division of HSBC Bank plc, Jersey Branch: HSBC House, Esplanade, St. Helier, Jersey, JE1 1HS.

HSBC Bank plc, Jersey Branch is regulated by the Jersey Financial Services Commission for Banking, General Insurance Mediation, Investment and Fund Services Business. HSBC Bank plc is registered and incorporated in England and Wales with limited liability, number 14259. Registered office 8 Canada Square, London, E14 5HQ. HSBC Bank plc, Hong Kong Branch, is licensed by the Hong Kong Monetary Authority as an authorised institution and registered with the Securities and Futures Commission to conduct Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities under the Securities and Futures Ordinance (central entity number: AFJ824).

Deposits made with HSBC Expat are not protected by the rules made under the UK’s Financial Services and Markets Act 2000 for the protection of retail clients, including the UK Financial Services Compensation Scheme and the UK’s Financial Ombudsman Service. However, HSBC Bank plc, Jersey Branch, is a participant in the Jersey Bank Depositor Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the scheme and banking groups covered are available on the states of Jersey website gov.je/dcs, or on request. HSBC Bank plc, Guernsey Branch, is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details are available on the Scheme’s website dcs.gg or on request. HSBC Bank plc in the Isle of Man is a participant in the Isle of Man Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010.

The International Banking Centre can still assist you if you hold another type of HSBC bank account by providing the following international services:

® We’ll provide a case manager to help you arrange for the accounts to be opened before you leave for your new country (subject to local terms and conditions)

® When you get to your new country, if you need any assistance, simply contact the local International Banking Centre. They understand the needs of customers from overseas and will provide help and guidance. Subject to status and local terms and conditions

® If you have been our customer for 12 months or more, we can provide you access to credit facilities at similar levels as you currently enjoy in the UK, subject to a maximum of US$5,000 or currency equivalent (subject to status, local laws and terms and conditions).

Important information

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This brochure contains a summary of some of the products and services provided by HSBC UK Bank plc and HSBC Bank plc.

HSBC UK Bank plc is incorporated in England and Wales and is established at 1 Centenary Square, Birmingham B1 1HQ, United Kingdom, its registered office. In the UK, HSBC UK Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for the conduct of deposit taking, investments and general insurance business and credit business under reference number 765112. You can check our name, address and statutory status by telephoning 0800 111 6768 or by visiting the FCA website fca.org.uk

Your Bank or Savings Account with HSBC UK Bank plc is protected up to the FSCS compensation limit by the Financial Services Compensation Scheme, the UK’s deposit protection scheme (most deposits are covered by the scheme). For more information, please visit the FSCS website at fscs.org.uk and the HSBC Personal Banking Terms and Conditions and Charges.

HSBC Expat is a division of HSBC Bank plc, Jersey Branch: HSBC House, Esplanade, St. Helier, Jersey, JE1 1HS.

HSBC Bank plc, Jersey Branch is regulated by the Jersey Financial Services Commission for Banking, General Insurance Mediation, Investment and Fund Services Business. HSBC Bank plc is registered and incorporated in England and Wales with limited liability, number 14259. Registered office 8 Canada Square, London, E14 5HQ. HSBC Bank plc, Hong Kong Branch, is licensed by the Hong Kong Monetary Authority as an authorised institution and registered with the Securities and Futures Commission to conduct Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities under the Securities and Futures Ordinance (central entity number: AFJ824).

Deposits made with HSBC Expat are not protected by the rules made under the UK’s Financial Services and Markets Act 2000 for the protection of retail clients, including the UK Financial Services Compensation Scheme and the UK’s Financial Ombudsman Service. However, HSBC Bank plc, Jersey Branch, is a participant in the Jersey Bank Depositor Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the scheme and banking groups covered are available on the states of Jersey website gov.je/dcs, or on request. HSBC Bank plc, Guernsey Branch, is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details are available on the Scheme’s website dcs.gg or on request. HSBC Bank plc in the Isle of Man is a participant in the Isle of Man Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010.

Services provided by the International Banking CentreThese services are provided in conjunction with other members of the HSBC Group. The services provided vary country by country, depending on HSBC’s service offering in that country. The International Banking Centre will inform customers of what is available prior to any account being opened. Credit facilities and account opening are subject to status. They are also subject to the availability of an appropriate product in the country you are moving to, the local terms and conditions and account opening procedures and the local legal and compliance requirements. Full terms and conditions will be given to you when you apply for each product.

About our expat banking servicesAll interest is paid gross. It is your responsibility to disclose your income to the tax authorities, however we may be required to report your account details ultimately to your tax authority. Please visit expat.hsbc.com/1/2/taxmatters for more information. Whilst banking offshore may have tax benefits for you, tax rules differ from country to country. If you are unsure about your personal tax obligations, you should seek professional advice. Any tax information in this brochure is based on our understanding of current and proposed legislation and practice. The legislation and practice may be subject to change.

Important information

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For more information

Talk to us in branch

Call 0345 6076706

Download our app

Visit hsbc.co.uk/premier

HSBC UK Bank plc. Registered in England & Wales with number 09928412. Registered Office: 1 Centenary Square, Birmingham, B1 1HQ, United Kingdom. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 765112.

RFB1526 MCP54814 ©HSBC Group 2020. All Rights Reserved. AC12749

Customers with disabilities

We offer many services including Braille and large print statements and sign language interpretation. For more information, just visit hsbc.co.uk or call us on 03457 70 70 70* (textphone 0800 028 0126), if calling from overseas please call +44 1226 261 010, 03456 006 161 for the Channel Islands and Isle of Man or call in at any HSBC Bank branch.

* Our 24-hour telephone banking is subject to scheduled maintenance periods. Lines are open 24 hours,365 days a year. To help us continually improve our service, and in the interests of security, we maymonitor and/or record your communications with us.


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HSBC Premier International Services Y K · In the UK, HSBC Premier and the HSBC Premier Bank...

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