Is HSBC Premier the only way to transfer money free b/w HK and US (HKD to USD)

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  1. #1

    Join Date
    Jul 2010
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    Moving to KT soon!!
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    Is HSBC Premier the only way to transfer money free b/w HK and US (HKD to USD)

    Is HSBC Premier the only way to transfer money free b/w HK and US (HKD to USD).


  2. #2

    Join Date
    Jul 2005
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    mid-Levels
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    as far as I know, even with Premier, its not free.


  3. #3

    Join Date
    Feb 2009
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    192

    We've got Premier and registerd our UK account under our HK Premier. You can transfer fund from HK to the UK instantly and free. Not sure about US.


  4. #4

    Join Date
    Feb 2007
    Posts
    1,561

    no. some Citi accounts (the premier equivalent) allow you to transfer US to HK and exchange US$ for HK$ with no (or very limited fees). certain BofA accounts also let you make similar transfers (and withdrawals of HK$ at local CCB ATMs) free of charge. there are others also.


  5. #5

    Join Date
    Jun 2005
    Location
    Hong Kong
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    23,217

    The transfer is free with Premier. You generally get a better USD/HKD conversion rate by doing the conversion separately in HK after you have simply transferred USD.


  6. #6

    Join Date
    Oct 2004
    Location
    Midlevels / USA (MD) / London
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    2,218

    I had it with a Citibank Private Bank account which is like Premier.
    Posted via Mobile Device


  7. #7

    Join Date
    Aug 2010
    Location
    Taikoo Shing
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    31

    Try Standard Chartered, i had a client opened last month and it's free