HSBC Chat

Are you not a overseas passport holder?

2 Likes

Ah right nvm

This is the bottom line.
Fraud = intentional falsification of information to obtain illegal access to a facility with an unfair advantage.
Eligible account opening within eligibility criteria is not fraud nor illegal.
If you want be a troll and say “can’t wait to see the banks closing your accounts” keep your opinion to yourself.

1 Like

The “New to HSBC” refers to HSBC HK not HSBC worldwide as they are different entities. HSBC UK does not equal HSBC HK. If you look at my post above it’s referring to holding specific HK accounts which do not allow you to open accounts via the app. In those instances you might have to visit a branch locally there. Also furthermore, they run off simple computers. So if your information was already in the system it would have picked it up and said something.

I’ll assume that was aimed in my direction given the post I made earlier. Just to note I’m not aiming to make it personal against anyone.

I’m interested to see how this will play out, I’d love a HSBC US premier card for a start. Just that these are international accounts aimed at individuals who either plan to, do, or regularly visit the country in question vs someone who just goes on Holiday there.

So I’d absolutely expect HSBC to question the need for it and either decline, or as is their form open but then close it down. And for an individual to be fully PNG’d by them as a result. They have form for this.

Sidenote: With the changeover of CEO recently I’d imagine Ping An will revive their push to devolve the Asian side of HSBC again. So who even knows what’ll happen in that case to any HK accounts etc.

I doubt they mean it globally, why would they make a system that lets you link all your accounts if you only want you to have one?

2 Likes

This same logic could be applied to my AIB Irish accounts and a bank asking why anyone needs more than 2-3 current accounts

I’m pretty sure some here have over 20

can’t believe the amount of you that are scared opening an account, and thinking this could be fraud! :joy: wow Monzo closing a few accounts must have really scared you all

3 Likes

Well this has gone in an interesting direction. I have an HSBC Australia account, and I think you’ll be pretty underwhelmed once the novelty wears off.

The debit card works practically the same as the UK/Expat Global Money Accounts. i.e. if I have a GBP balance, and spend in GBP, it debits the GBP balance.

You can do global transfers from HSBC UK into the Australian account, which is nice because that’s something the GMA doesn’t do (it doesn’t appear outside the app for the country you have it setup in).

But otherwise HSBC Australia is pretty average by Australian bank standards. There’s no push notifications, they’re behind on implementing newer fast payment standards, and their exchange rates aren’t great. I’m not really sure what benefit you’ll get if you don’t have some business in Australia.

3 Likes

Keep thinking big things happening with hsbc everytime I look here.

Its interpretation of the terms in the grand scheme.

You don’t intend to save or use the account as designed, but doesn’t look like there anything preventing you doing so.

2 Likes

Can I have one too?

1 Like

I definitely have a valid reason (living with Australian for over 20 years and two Australian kids) so might give the Oz one a go. So, you don’t need an address in Oz?

I’m curious how this will play out.

Checked the HSBC International Services page and the countries that allow online applications from the UK are Australia, China, Expat/Jersey, Hong Kong, India, Singapore, UAE, and the USA.

A few other countries allow overseas account opening but needs to be done with a call.

The only I would be interested in opening is a US account. I go to the US often, and a lot of my banking is in USD. Doubt that’s enough reason to open … or perhaps it is? I could do with the free Premier Credit Card. No FX fees, x2 on travel and 35k welcome offer.

You might want to have a look at the overseas bank account thread.

I’m torn on whether or not to open the HSBC One account. From what I can tell, it acts as a better Global Money account, but I still have some doubts


ATM card?

5 Likes

So when are we expecting the HK cards to arrive? Seems we all ordered them roughly at a similar time. Are they going to be sent actually from HK? Maybe then it would take longer than the 4-6 working days?

I got an email to say my HK card was an ATM card

No idea but sounds good if they are!

1 Like

Did you not order a card in the app after account opening?