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banks with no safe custody fee for stock holdings

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  1. #1
    wizardofoz

    banks with no safe custody fee for stock holdings

    hsbc levies a safe custody fee of HK$30 for Securities account holders if they have securities transaction or stock holdings in the 1-month period on or before the 1st of the following month.

    are there any banks that don't impose such charges?


  2. #2

    Join Date
    Jan 2008
    Posts
    1,966

    No. All banks have such a charge.

    wizardofoz likes this.

  3. #3

    Join Date
    Oct 2017
    Posts
    143

    just noticed Hang Seng's charges are 15 (preferred acct) and 25 (regular). HSBC pricey and their GUI is terrible. TERRIBLE.


  4. #4

    Join Date
    Dec 2002
    Location
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    47,963
    Quote Originally Posted by bobly:
    just noticed Hang Seng's charges are 15 (preferred acct) and 25 (regular). HSBC pricey and their GUI is terrible. TERRIBLE.
    Price you pay for safe custody?

  5. #5

    Join Date
    Oct 2006
    Location
    Hong Kong
    Posts
    15,557

    I don't think SCB charges me anything for holding my HK stocks.

    Wasn't aware that HSBC charged for HK stocks.


  6. #6

    Join Date
    Oct 2017
    Posts
    143
    Quote Originally Posted by shri:
    Price you pay for safe custody?
    yes safe custody. i noticed SCB doesn't do it.