Opening a current account - what you need A current account enables you to deposit, hold, withdraw and transfer money. HSBC Basic Current Account available in AED, USD, GBP and EUR with Free Online Banking, Phone Banking and SMS Alerts. Use this table to help you decide if pre-opening an account is right for you. Opening a current account Explains what the key documents are that you need to open a current account. Learn more about Pre-Departure Account Opening, Learn more about Pre-Departure Account Opening This link will open in a new window, For more information on these benefits. For more information and to opt out of cookies, visit the cookie section of our Privacy Code. When you pre-open the account, you can deposit up to CAD $30,000 by wire transfer. We may even require you to visit a local HSBC branch to have your identification verified. Ensure you have the ability to scan documents on the device/computer you are using to complete the journey. If you are looking for other products, please get in touch with one of our Small Business Relationship Managers. HSBC Basic Savings Bank Deposit Account (BSBDA) makes it convenient for you to avail of basic banking services without any fees or charges, and without maintaining any minimum balance in the account. It can also give you access to online banking and secure banking apps which help you manage your money. Setting up your banking is an essential part of getting settled in a new country. HSBC will notify you of any changes in the terms and conditions of this account with a prior notice of one month. (Please note: Due to the high volume of applications, we’re not able to effectively service Advance and Personal banking customers at this time. They will complete your ID verification and sighting on our behalf. © Copyright HSBC Bank Canada 2020. This tool requires a minimum of one chequing account be opened. To get the cashback offers, once you’re in Canada make sure you visit a branch to update your address and date of entry record. If you need language support, please call your local hotline and do a phone application. HSBC can assist with all of your global banking and foreign currency needs. If the application is submitted before cut-off, it’ll take the bank approximately 2 days to process your application. © Copyright HSBC Bank Canada 2020. Your HSBC Relationship Manager will then help you activate the New to Canada cashback offers and extend the monthly fee waiver to 12 months. It’s important you have all the necessary identification so there are no issues or delays in setting up your current account. Visit your branch in Canada when you land and activate your account by showing your original ID documents. Your current email address and mobile phone number, Primary addresses you’ve lived at for the last 3 years, Your employment details including company name and address, Tax residency information including SIN/SSN/TIN (if available). 15% off the account application fee if you successfully submit an account opening request online, or at the branch after applying for the branch appointment online Extra $100 RewardCash for HSBC Business Mastercard applicants Complete the identity verification process with HSBC Identify. Discover which one best suits your needs, from a basic savings to Premier. Yes. Make sure you do this at least one week before you arrive though, because wire transfers can take days to process. Open an overseas account, buy property and invest abroad, and get expert guidance to support your child's education with HSBC international banking services. Can I start using the account right away? To open a personal HSBC InvestDirect 1 account, follow the steps below: 1. Transfers are subject to local country exchange regulation which may include fees or other limitations. The fixed rate of 1.00% AER/gross over 12 months is available to HSBC Bank Account customers who open a new Regular Saver account. 2 If the information provided in your application is unclear or we require more information, an HSBC International Case Manager will contact you at the phone number and/or email address provided in your application. If you’re not moving to Canada, you will be required to visit HSBC branch in your local home country. Refer to your local financial institution for more information. Activate your debit card. Select “Open new Everyday Global Account”. HSBC offers a range of accounts designed to fit your lifestyle. - Confirmation of Permanent Residence (also known as IMM5292/IMM5688). Open your account in 3 steps. This website uses cookies to establish a secured connection and to present you with targeted advertising. this account from the comfort of your own home, or visit an HSBC branch in your home country to open an unrestricted account with full banking access. account through the RTP System will typically be … Depending on your family size, your proof of funds requirement may be well over $10,000 CAD. A one-time wire up to $30,000 CAD from a personal bank account with your name, in your country of residence, Right away (subject to local country regulations). Moving money into a chequing account before you arrive means you don’t have to travel with as much cash. Are you interested in opening an account with HSBC? 4 Individuals who are applying for their Canada visa through Immigration, Refugee, and Citizenship Canada’s Student Direct Stream /Student GIC Program are eligible to use pre-departure account opening. When you pre-open your account, you can cross this off your list of “to do” items. Have an account with HSBC Bank Canada? However, we recommend that you allow a full hour for your appointment, so we can help make sure you have all the financial tools you need to settle down in Canada. 1 Free banking means no account maintenance fee and free standard transactions on your primary account, any additional or secondary accounts will be charged in line with your choice of Small Business Tariff or Electronic Banking Tariff.. 2 Representative example: based on an assumed limit of £1,200, 15.9% rate p.a. 3. Create a profile and submit the required documents online. When you use the telephone or online account opening process, you consent to receiving these documents electronically. Funds transfers between HSBC Bank USA, N.A. We’re a recognized financial partner with Immigration, Refugee and Citizenship Canada. Apply today! Choose the HSBC saving account best suited to help you reach your savings goals. Have a mobile phone or tablet? Account opening fees are waived for HSBC Jade clients and Premier customers. 1 To be eligible for HSBC Small Business Banking, your business must be a sole proprietorship, partnership or corporation domiciled in Canada and generate an annual gross revenue below $5 million CAD. To open a HSBC Savings Account, please submit the following documents: Your completed account opening form; A passport-size photograph of yourself and all other accountholders, which must be signed across the front. By continuing on this website you consent to the use of these cookies. This website uses cookies to establish a secured connection and to present you with targeted advertising. Enjoy a first year waiver on your minimum account balance Switch to HSBC and get up to AED 5,000 * cashback:. Canadian “Know Your Customer” regulations require that we view you alongside your ID documents. Provide scanned copies or photos of your supporting documentation. The HSBC International Services team in your home country speaks your local language, but the application is in English. Get all the benefits of managing your income such as rent income, dividend, pension. This tool requires a minimum of one chequing account be opened. You must meet the following criteria to open an account online: You are 18 or above; You are a citizen of Malaysia with a valid MyKad; You are applying for a sole account; You don’t have an existing account or credit card with us; If you do not meet the above criteria, please visit us in branch to open an account. 6 If you have a need for a Canadian chequing account that is not listed here, please contact your local International Services team to see if we can accommodate your account opening. Also Premier and Advance banking and more… 3 The initial deposit must be a wire made from a personal bank account in your home country with your name. 1 Pre-open means that a chequing account will be opened but it will be blocked from all transactions except an initial deposit until you visit a branch in Canada with your original identity documents. When do I qualify for the “New To Canada” offers? Skip page header and navigation; International Banking & resources. Step 3: Submit your application and you're on your way to opening your HSBC account. 7 Foreign currency exchange rates and local country limitations apply. You would need to follow the requirements of HSBC International Student Program. Other transactions will be available once you activate your account in person in Canada, Purchasing or already own property in Canada, Supporting family/children in Canada or attending school, Canada citizen or Permanent Resident living outside of Canada, Immigrating to Canada (Permanent Resident, Foreign Worker, Study Permit, International Student – Student Direct Stream/Student GIC Program), Telephone application and in branch identity verification, Telephone application or online application. Customers may order debit cards by contacting customer support if they require the debit card prior to arriving in Canada. You can pre-open1 this account from the comfort of your own home, or visit an HSBC branch in your home country to open an unrestricted account with full banking access. Open an NRE Account online with HSBC. For staff-assisted overseas HSBC account opening, the following fees apply: HKD800 if you're HSBC One customer; HKD1,600 if you have a Personal Integrated Account; In some countries and regions, we'll waive the fees when you apply for an HSBC overseas account online. For more information, you can refer to the latest bank tariffs. Opening a new bank account online – anytime, anywhere Apply in 10mins. Please note that debit cards have limited usability outside of Canada. If you choose to opt out of cookies, this message will continue to appear. Opening an HSBC Business Account Whatever the size of your business, we believe in providing the best solutions for your business needs. Receive the account number once the online application process is completed. From optimising working capital to providing dedicated support, we can help take your business to the next level. Eligible HSBC customers aged 18 or above living in Hong Kong can open an investment account in just 6 steps with our Mobile Banking app. 9 Once you meet the program’s GIC requirement, you can upgrade to Advance or Premier. Our online trading service offers a wide range of investment options, like stocks, bonds, funds and structured products. You will receive a secure email within 2 - 3 business days with instructions on how to complete an optional wire. Digital copy of your authorization to enter Canada, for example: Digital copy of a secondary government issued ID and acceptable proof of address document (when address is not part of passport of authorization document). Step 1 : Select the 'integrated accounts' option on your HSBC HK Mobile Banking app. For more information and to opt out of cookies, visit the cookie section of our Privacy Code. In these challenging times, we're here to support our customers and employees. If you’re an HSBC customer in your home country, and you visit the branch for ID verification, your account can be used once it’s opened. Whether you’re applying online or going into branch, make sure you're prepared. How we can help. To open a new EGA account, simply log on to Online Banking. Our banking services are always within your reach. Is there a limit on the amount of my initial deposit? Before applying, we recommend you first check if you’re eligible for our standard HSBC Bank Account instead. Easily view and transfer money online between your personal HSBC accounts in over 30 countries and regions 3 When you maintain combined personal deposits and investments with HSBC Bank Canada and its subsidiaries of $5,000 or hold personal HSBC Bank Canada residential mortgage with original amount of $150,000 or greater receive up to AED 2,000 ** when you switch to a Jade, Premier or Advance Account; get up to an additional AED 3,000 *** when you take a Home Loan, Personal Loan, Car Loan, Life Insurance or Investment product; Offer valid from 15 August 2020 to 30 April 2021 (both days inclusive). Submit a pre-departure account opening application by phone or online. Other requirements may apply. Our Basic Bank Account is designed for people who don’t qualify for one of our other accounts, perhaps because they have a poor credit record. If you choose to opt out of cookies, this message will continue to appear. If you choose to wire money to your account, you will be provided with a deposit confirmation letter which can take up to 10 business days. For more information refer to the. Please visit your local country or region's HSBC website for more information. For more information refer to the terms and conditions terms and conditions This link will open in a new window.