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HSBC HK - Overseas Use (Terms & Conditions)

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  1. #1

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    HSBC HK - Overseas Use (Terms & Conditions)

    Any further details?
    https://twitter.com/ezracheungtoto/s...98428795711488


  2. #2

    Join Date
    May 2009
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    I’m pretty sure that statement from Ezra is not true. If they would do that it would be the end of HSBC here and probably HK as a financial hub.
    Probably misinterpreted something.

    TheBrit, Gatts, shri and 3 others like this.

  3. #3

    Join Date
    Dec 2003
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    This seems to be the source:
    https://twitter.com/studioincendo/st...97540186284034

    and this seems to be the most logical explanation, just a legalese disclaimer for banking jurisdiction purposes:
    https://twitter.com/mtpurbrick/statu...02559396683780

    MatthieuTofu likes this.

  4. #4

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    Sep 2015
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    Wow they wanna have controls in place? Who was fined/reprimanded for manipulating LIBOR, fined for manipulating precious metals / spoofing, fined for manipulating FX, fined for selling minibonds sh*t, fined for dealing with dodgy entities etc
    its 2021 guys - just switch bank already
    wherher your retail or private bank or commercial.


  5. #5

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    Perfectly normal I think.

    Just like US banks have products and services which may not be authorised in HK.

    Looks a bit desperate to link this to capital controls. When thst happens it will not be an update to a mobile app T&C...

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    Gatts likes this.

  6. #6

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    VPN?


  7. #7

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    Quote Originally Posted by East_coast:
    VPN?
    To read a book?

    https://en.m.wikipedia.org/wiki/The_Boy_Who_Cried_Wolf

  8. #8

    Found the message on their site - have not encountered it otherwise. Probably just legalese - but sure could do with a clarification in this time and age.

    https://cdn.hsbc.com.hk/content/dam/...king-terms.pdf

    Gatts and MatthieuTofu like this.

  9. #9

    Join Date
    Dec 2009
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    How does it affect global linked accounts I wonder.

    alexdown likes this.

  10. #10

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    Bizzare that local press are picking this up... perhaps thats what started the spread.

    https://std.stheadline.com/realtime/...9C%8D%E5%8B%99


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