Greater Bay Area banking

For a connected experience in the Greater Bay Area and beyond.

HSBC GBA Wealth Connect enables eligible residents in GBA cities⁴ 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 channel⁵.

Through HSBC GBA Wealth Connect, you'll be able to both:

• Access over 400 eligible wealth management products in the GBA through us and cooperating banks in mainland China
• Invest up to an individual investor quota of RMB 3 million⁶. If you choose to invest through a securities firm in addition to HSBC Greater Bay Area Wealth Management Connect, please note that the investor quota allocated between the channels is RMB 1.5 million each, subject to respective aggregate quotas⁷ of RMB150 billion for Southbound and Northbound services

Connect to GBA and enrich your cross-border banking experience

• GBA Type II Account can be easily opened without leaving Hong Kong through the HSBC GBA Account Opening Service
• Open account in just 3 steps
• Link your Mainland China e-wallet to enjoy a convenient spending experience

We’ve deep roots in Hong Kong, a strong China franchise, and a wide global network. Our innovative cross-border solutions have helped us serve as your bridge between markets. We’re honoured to have been selected as Best International Bank for GBA 2024 by Euromoney, and Bank of the Year for GBA 2024 by Bloomberg Businessweek.

Disclaimer:

The above contents are for information only. All services provided by The Hongkong and Shanghai Banking Corporation Limited (the “Bank”) are subject to the prevailing applicable terms and conditions. In case of any discrepancies or inconsistencies between the information from this document and the applicable terms and conditions, laws and regulations, the latter shall apply and prevail. The Bank is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of the information in this document. This document and any information or advertisements made available to you are not intended to provide investment advice and do not constitute a solicitation or recommendation for the making of any deposit or investment or subscribing for any service. The Bank gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of such information.

Investments involves risks.

Disclaimer for HSBC China: 

HSBC Bank (China) Company Limited (“HSBC China”) is our cooperating bank in mainland China for HSBC GBA Wealth Management Connect Services.  HSBC China was incorporated in mainland China and is not an authorized institution in Hong Kong as defined in the Hong Kong Banking Ordinance and is not subject to the supervision of the Hong Kong Monetary Authority.  HSBC China cannot carry on any banking business or business of taking deposits in Hong Kong. Any deposits maintained with HSBC China are not protected under the Deposit Protection Scheme in Hong Kong.

Disclaimer for GBA insurance and healthcare (exclude TravelSurance):

The above insurance products are underwritten by HSBC Life (International) Limited ("HSBC Life") HSBC and are intended only for sale in the Hong Kong SAR. They are not a bank deposit or bank savings plan. Please refer to the product brochure for detailed features and the policy provisions for the detailed terms and conditions. Policyholders are subject to the credit risk of HSBC Life and early surrender loss.

Disclaimer for TravelSurance:

The TravelSurance policy is underwritten by AXA General Insurance Hong Kong Limited ("AXA"), which is authorised and regulated by the Insurance Authority of the Hong Kong SAR. AXA will be responsible for providing your insurance coverage and handling claims under your policy. The Hongkong and Shanghai Banking Corporation Limited is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agency of AXA for distribution of general insurance products in the Hong Kong SAR. General insurance plans are products of AXA but not HSBC.

For monetary disputes arising between HSBC and you out of the selling process or processing of the related transaction by HSBC, HSBC will enter into a Financial Dispute Resolution Scheme process with you. On the other hand, for any disputes over the terms and conditions of your policy, AXA will resolve with you directly.

Remarks:

1. Overseas account opening applications will be processed by and subject to approval by the overseas HSBC group entities.

2. The RMB transfer will be processed on the same day if (i) submitted during business hours (8:15am to 4:00pm, Mondays to Fridays, excluding Hong Kong public holidays), (ii) all RMB transfer instructions are correct, including but not limited to the correct account name, account number, SWIFT Bank Identifier Code (BIC) of the payee bank, and (iii) no currency exchange or follow-up action is needed from HSBC. The processing of these instructions is also subject to the schedule of the Renminbi clearing bank.

3. The local handling charge for each outward telegraphic transfer issued will be waived for RMB telegraphic transfers issued to HSBC Group/branches in mainland China via HSBC Online and Mobile Banking. Additional charges may be levied by other banks. Please refer to fees and charges for details.

4. The 9 Greater Bay Area cities within mainland China refer to Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing.

5. 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 HSBC China.

6. The usage of individual investor quota subject to a cap of RMB 3 million or if investors choose to invest through a securities firm in addition to HSBC Greater Bay Area Wealth Management Connect, the investment quota allocated between the channels is RMB 1.5 million each. The usage 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 

7. 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.

8. GBA mortgage applications will be processed by and subject to the approval of the HSBC group entity in the area in which the property is located.