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HSBC GBA Wealth Management Connect

Broaden your investment opportunities across the Greater Bay Area

Want to learn more about HSBC GBA Wealth Management Connect?

Enjoy HSBC GBA Wealth Management Connect Southbound and Northbound limited offer now

  • Enjoy up to HKD4,600 rewards by placing new fund in the HSBC GBA Wealth Management Connect Southbound account!
  • Enjoy HKD100 rewards by opening HSBC GBA Wealth Management Connect Northbound remittance account!

Terms and conditions apply. Learn more.

HSBC GBA Wealth Management Connect Grand Entrance Rewards

Enjoy the following offers when you open an HSBC GBA Wealth Management Connect account and complete designated banking transactions:

  • Remittance offer
    Rebate of up to HKD300/RMB240 for HSBC GBA Wealth Connect Designated RMB Savings Account customers who complete remittances of RMB500,000 or above via mobile or online banking to our Mainland partner bank(s) in relation to HSBC GBA Wealth Management Connect Services
  • New fund offer
    Rebate of up to HKD3,000 for HSBC GBA Wealth Management Connect customers who successfully register for Personal Internet Banking and fund in the designated amount
  • 0% Unit Trusts initial subscription charge offer
    GBA Wealth Management Connect customers will be entitled to a 0% Unit Trust initial subscription charge for all Unit Trust transactions within the scope of HSBC GBA Wealth Management Connect Southbound Services
  • HSBC Premier account Fee Waiver offer
    HSBC GBA Wealth Management Connect Northbound / Southbound customers who open HSBC Premier account with HSBC HK for the first time will be entitled to HSBC Premier account Below Balance Fee Waiver for the first 12 months

Your ticket to a world of opportunities in the Greater Bay Area

The path to success involves broadening your horizons and digging deeper for investment opportunities. Tapping into the new urbanisation and economic potential of the Greater Bay Area (GBA), we‘ve partnered with HSBC China and Ping An Bank1 to provide HSBC GBA Wealth Management Connect Services ("HSBC GBA Wealth Connect") services to you. HSBC GBA Wealth Connect is geared at helping you achieve your wealth goals through an enhanced cross-border wealth management solution, all aimed at expanding your investment opportunities across the GBA.

What is HSBC GBA Wealth Connect?

HSBC GBA Wealth Connect enables eligible residents in GBA cities2 across mainland China and Hong Kong to invest in wealth management products distributed by us and the mainland China cooperating banks via a closed-loop fund flow channel3.

Through HSBC GBA Wealth Connect:

  • we and the mainland China cooperating banks have made available over 270 eligible wealth management products in the GBA
  • you can invest up to an individual customer quota of RMB 1 million4 subject to respective aggregate quotas5 of RMB150 billion for Southbound and Northbound services

Features

Effortlessly manage your cross-border transactions with HSBC GBA Wealth Connect.  

Take your investments to the next level with these features:

  • Diversified investment products
  • Convenient 24/7 digital access to HSBC GBA Wealth Connect
  • Access to GBA Wealth Management Connect Centres across the GBA
  • Zero remittance fee for cross-border fund remittances7
  • Wealth insights and solutions

Connecting you to a wealth of investment opportunities

Northbound services

Our Northbound services allow eligible residents in Hong Kong to invest in wealth management products distributed by the mainland China cooperating banks via designated channels. Cross-border fund remittances and transfers will be handled by HSBC Hong Kong.

Northbound services eligible products:

  • Local Unit Trusts ranging from bond to balanced funds and money market funds
  • Public fixed income wealth management products

Northbound wealth management products are delivered and managed by third party product providers. Under no circumstances will the mainland China cooperating banks be liable for the responsibilities of investment, redemption, and risk management.

Please note investment products offered by the mainland China cooperating banks under Northbound services have not been authorised by the Securities and Futures Commission (SFC) and the relevant offering documents have not been examined by the SFC.

 

Learn more about HSBC GBA Wealth Connect from HSBC China, our mainland partner bank.

Learn more about HSBC GBA Wealth Connect from Ping An Bank, our mainland partner bank.

Southbound services

Our Southbound services allow eligible residents in GBA cities in mainland China to invest in over 80 wealth management products distributed by HSBC Hong Kong via designated channels. Cross-boundary funds remittances and transfers will be handled by the mainland China cooperating bank.

Southbound services eligible products6:

  • Unit Trusts: Over 45 Unit Trust products, supporting multiple currencies and covering fund types ranging from balanced funds to bond funds and money market funds
  • Bonds: Over 20 bonds, covering both corporate bonds and government bonds
  • Deposits: 11 currencies, including HKD, USD, RMB, AUD, CAD, CHF, EUR, JPY, GBP, NZD, and SGD.

How to get started with HSBC GBA Wealth Connect services

Eligibility

You're eligible if you:

  • hold a Hong Kong identity card (as a permanent or non-permanent resident)
  • invest in your own personal capacity (not in a joint-name or corporate capacity)
  • are not a vulnerable customer, as assessed by banks in Hong Kong8
  • have no application records for Northbound services provided by other banks

How to register

Step 1

Book an appointment with HSBC HK 

if you are currently in Hong Kong

 

Existing HSBC HK customers only:

  • Contact your Relationship Manager

 

New and existing HSBC HK customers:

  • Call the hotline on +852 2233 3399 
  • Visit an HSBC HK Wealth Management Connect Centre or branch

Note: If you are currently in any of the 9 GBA cities in mainland China, you may book an appointment through your Relationship Manager, visit a branch or call the mainland China cooperating bank.

Step 2

Preparation

  • Download the HSBC HK Mobile Banking app
  • Make sure you have a valid Personal Internet Banking username and password (for existing HSBC HK customers only)
  • Prepare documents:
    A. Hong Kong ID Card
    B. Mainland Travel Permit for Hong Kong and Macau residents 

Step 3

Visit an HSBC HK branch

  • Open a Designated RMB Savings Account
  • Apply for Hong Kong Payee Registration
  • Set up the HSBC HK Mobile Banking app
  • Submit your Northbound Services Application via the mainland China cooperating bank Mobile Banking app (for existing customers of the mainland China cooperating bank only*)

*If you already hold a RMB Settlement Account Type I in any of the 9 GBA cities in mainland China, you can apply for Northbound services with the mainland China cooperating bank online.

Step 4

Visit a branch with the mainland China cooperating bank in any of the 9 GBA cities in mainland China

For new customers of the mainland China cooperating bank only

  • Open an HSBC GBA Wealth Management Connect Account
  • Set up the Mobile Banking app with the mainland China cooperating bank (optional)
  • Apply for account pairing between your designated RMB Savings Account and HSBC GBA Wealth Management Connect Account

Learn more about HSBC GBA Wealth Connect from HSBC China, our mainland partner bank.

Learn more about HSBC GBA Wealth Connect from Ping An Bank, our mainland partner bank.

Asiamoney's Best International Bank

With our deep roots in Hong Kong, a strong onshore and offshore China franchise and our global network, we're well-positioned to serve as your bridge between markets – both locally and abroad. Indeed, that's why Asiamoney named us as the Best International Bank for Greater Bay Area (GBA) and Best International Bank for Wealth Management Connect at its inaugural GBA Awards in 2021 and 2022.

Asiamoney Best International Bank for Greater Bay Area (GBA) 2021

Asiamoney Best International Bank for Wealth Management Connect 2022

Contact us

GBA Wealth Management Connect Centres
Visit an HSBC branch
HSBC Greater Bay Area Customer Service Hotline

Calling from Hong Kong: (852) 2233 3399

Toll-free hotline (for complaints relating to Wealth Management Connect only)

Calling from mainland China: 400-842-7699

Explore other GBA opportunities

Remarks:

  1. HSBC Bank (China) Company Limited ("HSBC China") and Ping An Bank Co., Ltd ("Ping An Bank") are our cooperating banks in mainland China for HSBC GBA Wealth Management Connect Services. HSBC China and Ping An Bank are not authorised institutions as defined in the Hong Kong Banking Ordinance and are not subject to the supervision of the Hong Kong Monetary Authority.  HSBC China and Ping An Bank cannot carry on any banking business or business of taking deposits in Hong Kong. Any deposits maintained with HSBC China and Ping An Bank are not protected under the Deposit Protection Scheme in Hong Kong.
  2. The 9 Greater Bay Area cities within mainland China refer to Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing.
  3. Under the HSBC GBA Wealth Connect services, cross-border remittance must be conducted between the paired dedicated investment and remittance accounts maintained with us and the mainland China cooperating bank.
  4. The usage of individual investor quota subject to a cap of RMB1 million and is calculated as follows:
    a. Usage of individual investor quota under the Southbound services = cumulative remittances from mainland China to Hong Kong and Macao under the Southbound services – cumulative remittances from Hong Kong and Macao back to mainland China under the Southbound services
    b. Usage of individual investor quota under the Northbound services = cumulative remittances to mainland China under the Northbound services – cumulative remittances from mainland China under the Northbound services 
  5. We will check the usage of the aggregate quota before accepting remittances to ensure that the net remittance under the Northbound services or Southbound services does not exceed the relevant aggregate quota. Instructions for remittances from the mainland China to Hong Kong under the Southbound services or from Hong Kong to mainland China under the Northbound services may be put on hold as a result of the relevant aggregate quota being used up.
  6. Unless otherwise specified or promotional offer is applicable, eligible product transactions under Southbound services placed using GBA Wealth Connect account are subject to HSBC One fees and charges.
  7. HSBC imposes HKD0 handling fees on customers who transfer money between mainland China and Hong Kong for investing in products under the HSBC GBA Wealth Connect via online and mobile banking between the paired accounts. The remittance service is subject to intermediary bank charge. For details of remittance fees charged by our mainland China cooperating banks, please visit the public website of HSBC China and Ping An Bank for details.
  8. Vulnerable customer refers to a customer whose ability to understand the associated risks of his/her investment and withstand the potential losses of the investment is limited. In determining whether a customer is a vulnerable customer, banks will take a holistic view of the circumstances of the customer, including the level of financial sophistication (e.g. investment experience), the state of mind (e.g. ability to make investment decision) and the level of wealth.
  9. Full civil capacity refers to an individual aged 18 or above who is able to fully account for their own conduct.