Personal HK bank account

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Don't believe this BS.
Been an HK HSBC‍ Premier for over a decade.

Had people, living in HK, who didn't believe how come⁠ I had an account with HSBC despite them being living there and with cash to⁤ deposit. And this was well before CRS.

There's no chance they will open your account⁣ remotely. Definitely not for a normal account. Then you are able to believe anything
 
i should⁠ try Man Wah. In Landmark at Mandarin Grill I had the best beef Wellington I⁤ have ever had. Highly recommend this one for a “western” dining experience
 
I am (low-key)‌ insinuating to OP that a visit is needed for something like this. Most things can‍ be resolved face-to-face. Inviting your banker to dinner at Man Wah is (almost) guaranteed to⁠ land you an account, and OP gets to enjoy the trip and some of the⁤ best cuisine Hong Kong has to offer. The banker will have actual photos of the⁣ OP at Man Wah. 😉

All OP has to do is juxtapose the "Options"

If the banker seems "unimpressed/disinterested,"︂ I would kindly ask him to refer me to his personal favorite "service provider" with︃ whom he works so I can invite the service provider to dinner at Man Wah︄ and discuss my business/wealth management.

Or...OP can be magnanimous and invite his own service provider︅ if he thinks that would help. 😉

I lost count of how many accounts I opened︆ in Hong Kong by inviting bankers to dinner at Man Wah or other equally impressive︇ restaurants. All I know for sure is that NOT a single account has been denied︈ using this method or similarly effective sugarcoating strategies.

PS. Now, the cat is OUT of︉ the bag! stupi#21
 
All of them!

Before you visit Hong Kong, swing by Confiserie Sprüngli on‌ Bahnhofstrasse 67, buy two 500-gram boxes of Pralines & Truffles, and take one for‍ the banker's children/wife and one for his parents. 😉

It's the same as a wife or⁠ girlfriend: if we stop giving her presents, chocolate, and flowers, she'll dump us and find⁤ someone else who does. smi(&% 😉
 
Would it be possible to fly to Hong Kong to open a personal HSBC One‌ account with a neutral passport?

Trying to determine if flying there will be a waste‍ of time, or if this is something they do.
 
In case you already have a HSBC premier account, I think you may not even‌ need to fly there. They can do online account opening usually as long as you‍ are already premier client somewhere.
 
Try to open it online first. Please do not use any US phone number, US IP⁠ address or anything US. If this does not work, you can still fly there. Just⁤ be prepared to be rejected as they do not open anything for anybody anymore.

And yes @TRGali if you are Premier elsewhere, they will open another Premier account in HK⁣ for sure. But in general HK banks have become quite selective. Not sure what you⁢ need to account for, but be prepared to come up with a good explanation. If︀ you just want an account, you may have better luck in Australia with HSBC, they︁ are know to be more open to open.
 
Thanks for the responses.

My explanation would be: I have residency in the SEA region and︁ travel a lot within Asia (but never to HK) plus have international income. So living︂ in the region + international lifestyle and wanting a reputable banking partner for the long︃ term (personal account only). The account will get all my personal income paid into it︄ every month and used as my main personal account with cards and all.

Think that's︅ convincing enough?

Unfortunately I don't have premier or any other HSBC accounts anywhere.

Regarding Australia,︆ I never knew they opened accounts for non-resident foreigners. I will look into this.
 
I would definitely go⁣ for e.g. SC Singapore instead of HSBC HK with this setup.
a) SC is IMO⁢ way better than HSBC.
b) Onboarding in SG remarkably easier (for personal premier accounts).

Just my 2 cents 🙂

Re: HK, @jafo gave a very good recipe here Personal HK bank︀ account 🙂 Consider it 😉
 
what is a neutral passport?
Your money is as good as everyone else's, esp now after⁠ HK got decimated and heaps of it went to Singapore.

can work esp. if you have a residency visa in sea. Add an investment twist and︂ a higher balance to it (higher means lower 6 digit usd) to make it more︃ interesting.
HK has other good banks than HSBC only,︆ they have the singapore banks and SC and and and.
Since youre in sea, you︇ maybe find one which has branches in both.
 
Thats not making much sense in this realm.
Its a‍ difference if youre Panamanian, Congolese or Thai or British.
 
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