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Old Jan 5th 2012 | 5:10 am
  #31  
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Default Re: Banking

Originally Posted by Bob
As for HSBC Prem, it isn't invitation only,
Ah, I was thinking of Private Banking, if they still do that.

Still, if I had 60 grand kicking about I wouldn't be leaving it lying around in a HSBC account to be honest!

xe.com has always met my needs.
 
Old Jan 5th 2012 | 7:47 am
  #32  
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Default Re: Banking

Originally Posted by tonrob
Ah, I was thinking of Private Banking, if they still do that.
Pretty much all banks offer that service and that is by invite only on the most part...but it's basically the bank offering you a phleb to deal with personally rather than having to do any banking stuff yourself.

Sounds like a shit job tbh, a cousin was doing it and the minimum balance to get the service at that Boston bank was $2M...mental
 
Old Jan 5th 2012 | 9:03 am
  #33  
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Default Re: Banking

HSBC need $100k average monthly balance in the US to get the Premier status; if the balance goes under this then you're still Premier but they charge you $50 for that month. HSBC in the UK give Premier status at £50k balance. If you have Premier in one country, then you can have it in all regardless of your balances in that country.

They're really good for incoming, as they'll set up accounts before you even get here and post all the cards, check books, etc out to your current country (for us, that was Switzerland). They also gave us proper credit cards straight away, with a good credit limit, and said that if we need it they can also do a mortgage. The only thing they couldn't do was an auto loan, apparently that's not allowed because they're registered in... um, some eastern state, and not Arizona where we wanted to buy cars.
 

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