The world's local bank
HSBC first bank to offer truly global banking service
15 September 2003
HSBC today launches the global edition of HSBC Premier, its first fully international banking service for personal customers.
The service is designed to provide customers who work and live overseas with a range of products and services that make full use of HSBC’s international experience and global reach. An important feature of the account is a ‘portable’ credit history – without which obtaining credit, leasing an apartment or even simply getting a mobile ‘phone overseas is often difficult or impossible.
The new service will be initially offered in eight markets – the UK, Canada, France, Hong Kong SAR, India, Jersey, USA and the United Arab Emirates. HSBC Premier provides the following exclusive services for existing - and new – internationally mobile customers.
- Fast and easy overseas account with cheque books, credit cards, debit cards and PIN numbers available within 10 days.
- An instant credit history transfer between countries to aid access to credit facilities (such as credit cards) without the usual waiting period to establish credit credentials.
- Fee-free ATM withdrawals and free cheque cashing at HSBC branches worldwide.
- Global, fee-free internet transfers between all the customer’s HSBC Premier accounts, even in regions where this is normally a charged-for service.
- Access to HSBC International, the Group’s offshore banking provider, for tax-efficient solutions, multi-currency accounts and offshore investments.
- A full tax advisory service offered by Deloitte & Touche LLP at preferential rates, saving up to 50% on their usual tariff.
- Dedicated relationship managers in all countries to ensure a smooth transition and access to local experience to meet the changing financial circumstances of the customer.
- Round-the-clock dedicated, worldwide call centres staffed by specialists.
Commenting on the new service, Bill Dalton, HSBC’s UK Chief Executive and global head of personal financial services said: “We describe ourselves as the word’s local bank and HSBC Premier is another example of how this benefits our customers. This is a genuinely international banking service designed to smooth the passage abroad for the millions of people who go to live and work overseas each year.”
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