HSBC GBA Wealth Management Connect

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
  

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

You're eligible if you:

• have full civil capacity⁹
• have a household registered in any of the 9 mainland GBA cities or you are a resident who has paid social security or personal income tax for 5 consecutive years in any of the GBA cities
• have at least 2 years of investment experience and, at the end of each month over the past 3 months, held:
  - financial net assets of no less than RMB1 million
  - household financial assets of no less than RMB2 million
• 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 Kong
• have no application records for Southbound services provided by other banks

Step 1

Book an appointment with the mainland China cooperating bank

if you're currently in any of the 9 GBA cities in mainland China

For existing customers of the mainland China cooperating bank only:

• Contact your Relationship Manager

New and existing mainland China cooperating bank customers:

• Call the mainland China cooperating bank hotline
• Visit the branch of mainland China cooperating bank
• Visit the public website of the mainland China cooperating bank for more details

Note: If you are currently in Hong Kong, you may book an appointment through your Relationship Manager, visit an HSBC Hong Kong branch, or call the hotline on +852 2233 3399.

Step 2

Preparation
 

A. proof of household registration address / social security records provided by the official social security bureau / personal income tax payment records provided by the official tax bureau

B. proof of two years or more of investment experience

C. proof of maintaining minimum balance requirement on household financial assets or financial net assets for past three months

D. your second generation Chinese resident ID card

E. proof of residential address

F. your passport/ exit-entry permit to Hong Kong and Macau

Step 3

Visit the branch of mainland China cooperating bank

What to expect when you are at the branch of mainland China cooperating bank^{^}

Open a dedicated remittance account if you don't have one

• Apply for HSBC GBA Wealth Management Connect account via the tablet provided by the mainland China cooperating bank

You may set up the HSBC HK Mobile Banking app in advance before connecting with HSBC Hong Kong.

^ Alternatively, customers may open an HSBC GBA Wealth Connect account with HSBC Hong Kong in person

Step 4

Connect with HSBC Hong Kong

• Staff from HSBC Hong Kong will call you back for application confirmation. Personal information verification and vulnerable customer assessment will be conducted during the call back.
• Your HSBC GBA Wealth Management Connect account will be opened and account pairing of your designated remittance account and HSBC GBA Wealth Management Connect Account will be completed by HSBC Hong Kong
• You will receive SMS notification from the mainland China cooperating bank upon the successful pairing.