HSBC Bank Products
HSBC Bank Products review explained by professional Banking experts, All you need to know about HSBC Bank Global Products, For more information about HSBC Bank you can also visit HSBC reviews by ForexSQ.com online banking experts, The TopForexBrokers.com Internet banking professionals, or Fxstay.com banking investing company and get all information you need to know about the HSBC Business Banking.
What Are HSBC Bank Products
HSBC Direct is a telephone/online direct banking operation which attracts customers through mortgages, accounts and savings. It was first launched in the USA in November 2005 and is based on HSBC’s ‘First Direct’ subsidiary in Britain which was launched in the 1980s. The service is now also available in Canada, Taiwan, South Korea, Australia, France and India. Poland is launching business direct in September 2009. In the US, HSBC Direct is now part of HSBC Advance.
HSBCnet provides access to transaction banking functionality – ranging from payments and cash management to trade services features – as well as to research and analytical content from HSBC. It also includes foreign exchange and money markets trading functionality. The system is used widely by HSBC’s high-end corporate and institutional clients served variously by the bank’s global banking and markets, commercial banking and global transaction banking divisions. HSBCnet is also the brand under which HSBC markets its global e-commerce proposition to its corporate and institutional clients.
HSBC Advance is the group’s product aimed at working professionals. The exact benefits and qualifications vary depending on country, but typically require a transfer of Salary of USD 1,500 or more every month or Maintain USD 25,000 of deposits in a Savings/Current Account or investments. Advantages may vary depending on country, such as day-to-day banking services including but not limited to a Platinum Credit Card, Advance ATM Card, Current Account and Savings Account. Protection plans and Financial Planning Services. A HSBC Advance customer enables the customer to open accounts in another country and transfer their credit history.
HSBC Premier is the group’s premium financial services product. It has its own Elite Card entitled HSBC Premier World Card. The exact benefits and qualification criteria vary depending on country. Customers have a dedicated Premier Relationship Manager, global 24-hour access to call centres, free banking services and preferential rates. A HSBC Premier customer receives the HSBC Premier services in all countries that offer HSBC Premier, without having to meet that country’s qualifying criteria (“Premier in One, Premier in All”).