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Hong Kong > Forums  > Hong Kong Forums  > Living in Hong Kong  > Business and Finance

Opening HSBC Account / Money Transfer Fees

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Old 22-08-2006, 11:45 PM
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Opening HSBC Account / Money Transfer Fees

I'm moving over in a few weeks (visa pending). I currently bank with HSBC in the UK and thought it would be easy to open a HK account before I left - wrong! Takes about 3 months!

So I'm going to have to open one when I get there. I need to send money back to my UK account (HSBC) to cover bills. Will I get charged a fee to send money between HSBC accounts?

Also, I'm a bit fed up with HSBC and would like a new bank but will I just be making matters more complicated by moving bank (the transfer would still need to got to HSBC UK)?

Thanks
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Old 23-08-2006, 02:15 AM
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If you are HSBC Premier then no fees for moving money between HSBC Premier accounts in different countries. Otheriwse an online transfer from HK costs HK$100 plus whatever tha far end charges (similar). So about HK$200 = GBP14 or so.
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Old 23-08-2006, 02:59 PM
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Locally HSBC charge 130 HKD for online transfer
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