Thread: Which bank?
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Old 28-11-2006, 10:29 PM
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Which bank?

I come out to HK in Feb. I'm now thinking about the logistics of moving over and one of them is naturally setting up bank account, getting credit card etc.

It seems here (i.e. on this board) HSBC is the flavour of the month.

I basically want to a bank account where I can put my salary into, a savings account and a credit card. The other thing is having the ability to transfer money to and from the UK as cheaply as possible (and free if at all possible). I know there is HSBC Premier, but I won't be able to meet the requirements. I've been suggested PowerAdvantage, but the marketing stuff on the HSBC website doesn't give me much info.

Here in the UK all my banking is free, i.e. no charges for ATMs withdrawals, cheques, etc. Is this the same in HK?

Also, in terms of setting up accounts, should I wait until I arrive in HK or try and arrange for it to be set up before I arrive.

Any other banks to consider, or would HSBC be the best bet?

Thanks!!
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