• Last Updated:
  • Sep 22nd, 2019 12:57 am
Tags:
None
Moderator
User avatar
Mar 23, 2004
38267 posts
4378 upvotes
Markham
I was in the UK during July, and I was able to open an account at a branch. Screw IBC!
"Between a high, solid wall and an egg that breaks against it, I will always stand on the side of the egg.

Yes, no matter how right the wall may be and how wrong the egg is, I will stand with the egg."

#StandwithHK #5DemandsNot1Less
Sr. Member
Dec 12, 2010
662 posts
144 upvotes
I want to open a US HSBC bank account - what do I need (do I need a US address / utility bill or whatever)?
Can I open it in Canada or does it have to be in branch in the States?
Moderator
User avatar
Mar 23, 2004
38267 posts
4378 upvotes
Markham
chaugh wrote:
Aug 8th, 2018 12:07 am
I want to open a US HSBC bank account - what do I need (do I need a US address / utility bill or whatever)?
Can I open it in Canada or does it have to be in branch in the States?
call IBC: https://www.hsbc.ca/1/2/personal/bankin ... nt-opening
"Between a high, solid wall and an egg that breaks against it, I will always stand on the side of the egg.

Yes, no matter how right the wall may be and how wrong the egg is, I will stand with the egg."

#StandwithHK #5DemandsNot1Less
Sr. Member
Mar 13, 2012
873 posts
432 upvotes
Near You
Must you call, or can you walk into branch? I'm in the states often and rather not play tag over the phone.
💳✈️🌍 American Express Platinum+Gold+Cobalt (Free First-Class Travel) • Rogers WE • STACK
💰 HSBC PremierTangerineEQ BankMotive
📞 Freedom 13GB/45$ • Google Fi 📱 🖥️ Novus 1GIG/60$
Deal Fanatic
Jan 30, 2012
6140 posts
1000 upvotes
multi city dweller
mistytalon wrote:
Aug 8th, 2018 1:43 pm
Must you call, or can you walk into branch? I'm in the states often and rather not play tag over the phone.
you must call ...
Moderator
User avatar
Mar 23, 2004
38267 posts
4378 upvotes
Markham
mistytalon wrote:
Aug 8th, 2018 1:43 pm
Must you call, or can you walk into branch? I'm in the states often and rather not play tag over the phone.
Have to call.
"Between a high, solid wall and an egg that breaks against it, I will always stand on the side of the egg.

Yes, no matter how right the wall may be and how wrong the egg is, I will stand with the egg."

#StandwithHK #5DemandsNot1Less
Member
Jul 26, 2018
456 posts
438 upvotes
Canada, eh?
chaugh wrote:
Aug 8th, 2018 12:07 am
I want to open a US HSBC bank account - what do I need (do I need a US address / utility bill or whatever)?
Can I open it in Canada or does it have to be in branch in the States?
Also depends if the US branch wants you as a customer.
Moderator
User avatar
Mar 23, 2004
38267 posts
4378 upvotes
Markham
HSBC Canada Android app just got updated, looks like we finally get to use fingerprint to login. Very nice, earlier than TD, Scotia and BMO!
"Between a high, solid wall and an egg that breaks against it, I will always stand on the side of the egg.

Yes, no matter how right the wall may be and how wrong the egg is, I will stand with the egg."

#StandwithHK #5DemandsNot1Less
Deal Addict
Mar 1, 2016
1092 posts
394 upvotes
toronto
Curious, as the international part would have value to me, so to open an account all I would need is to go to a branch with a $100,000 of investment to put in their direct brokerage, and provided I meet eligibility I should be able to get the associated credit card?
Deal Addict
Oct 4, 2009
2423 posts
1169 upvotes
Montreal
foreigncontent wrote:
Aug 18th, 2018 8:48 am
Curious, as the international part would have value to me, so to open an account all I would need is to go to a branch with a $100,000 of investment to put in their direct brokerage, and provided I meet eligibility I should be able to get the associated credit card?
Yes. Make sure to take advantage of the welcome offer to pick up an extra $700 or so and get referred by a friend for another $200.
Deal Addict
User avatar
Nov 14, 2003
3388 posts
1673 upvotes
Everywhere
This is a pretty long and old thread and i couldn't really find a summary easily.

What's the advantage and/or benefit of HSBC Premier? Can I get a free card that I would normally pay for? I assume everything else is free (other than equity trades, etc.).
Sr. Member
User avatar
May 7, 2017
654 posts
279 upvotes
batcave wrote:
Aug 18th, 2018 4:10 pm
This is a pretty long and old thread and i couldn't really find a summary easily.

What's the advantage and/or benefit of HSBC Premier? Can I get a free card that I would normally pay for? I assume everything else is free (other than equity trades, etc.).
Banking is free for most stuff. 5 chequing accounts included
Forex transfers can be instant if you got hsbc accounts in other countries
Forex transfer to banks other than hsbc can have reduced fees
No fx fee on debit card or WE credit card
If you move around a lot, HSBC can transfer your credit histories abroad
They also can help with international mortgages - for example buying a house in UK while you live in canada
And an RM that helps you manage things if needed - mine has been great. Others have had complaints.

Biggest benefit I find with hsbc is that they’re brick and mortar but pretty much everything I need to do including wire transfers can be done online. Last time I visited the bank was last September to open invest direct account.

Invest direct isn’t that good for self service clients. If you just buy and hold stuff - it could work for you. Over the phone they are pretty good however.
Deal Addict
User avatar
Nov 14, 2003
3388 posts
1673 upvotes
Everywhere
bend3r wrote:
Aug 18th, 2018 5:32 pm
Banking is free for most stuff. 5 chequing accounts included
Forex transfers can be instant if you got hsbc accounts in other countries
Forex transfer to banks other than hsbc can have reduced fees
No fx fee on debit card or WE credit card
If you move around a lot, HSBC can transfer your credit histories abroad
They also can help with international mortgages - for example buying a house in UK while you live in canada
And an RM that helps you manage things if needed - mine has been great. Others have had complaints.

Biggest benefit I find with hsbc is that they’re brick and mortar but pretty much everything I need to do including wire transfers can be done online. Last time I visited the bank was last September to open invest direct account.

Invest direct isn’t that good for self service clients. If you just buy and hold stuff - it could work for you. Over the phone they are pretty good however.
Interesting, thanks. I qualify and hold bank accounts in a a few countries and it works for me now but I'm just wondering if it is worth moving assets around. Maybe I will make a appointment to speak with someone.
Newbie
Nov 15, 2007
30 posts
5 upvotes
I am a fairly active trader on the InvestDirect site (among other trading platforms). I don't like the interface, but $6.88/trade is pretty competitive with other banks, so I can live with it on balance.

Free banking is excellent with ATM fee rebates when you withdraw from non-HSBC/credit union ATMs. I love the ability to move money instantly for free between countries; very handy for US and Asian transfers. I've had good RMs (when I've needed them) who have bent over backwards to make sure I'm happy. Overall, I think it was worth the switch and transfer of assets.
Sr. Member
User avatar
May 7, 2017
654 posts
279 upvotes
I got a pre-approval for a Prime + 1.9% LOC.


1. Do you guys recommend taking it?
2. Also wanted to ask if even after pre-approval, does HSBC do a hard pull on credit report?

Top