Originally Posted by
gudugan
If you qualify for a Premier account anywhere in the world, it works for all countries.
If you specifically open your first HSBC account in China, you still run into every single hurdle. Therefore the loophole is opening it in another country first then using the International account opening to open a linked account in China.
They already withdrew from the US market, but still operate services and a smaller number of branches for Premier customers. Accounts that did not meet the Premier requirements were transferred to other banks.
Since this is a niche product with few data points, it is a bit hard to know if the requirements have changed. You can still open a China account
https://www.us.hsbc.com/internationa...rseas-account/ but it is unclear if they need additional information since the time I did it. It's tangentially related but I tried to open a HSBC Taiwan account recently via the same method and it wasn't possible unless I had an apartment with rental contract.
No, I don't mean to open an account in China first. So in this arrangement, the HSBC China account is somehow linked to your US account? The Chinese account will be opened as long as you maintain your US account? This would be a good alternative if you don't have to pay any fees on the Chinese side and can use it with Alipay. Why do you have to wait until May to find out? The whole process is slow?