I set up a premier account in the US after being recommended by a coworker before I moved to HK. Sole purpose was to move funds between accounts and feed my other US accounts accordingly. Although when I set it up in the US they had a minimum deposit of $100K USD for a premier account. When I setup my HSBC HK account they told me their minimum amount was $1M HKD for a premier account but if I met the US minimum then I did not need to maintain the minimum in HK.
I wonder if they are giving out free premier accounts here in HK and it is for a limited period of time, do they enforce this minimum after the free period is over? Or did I just get screwed with this minimum?