We are required to record where you are ‘tax resident’ (this will usually be where you are liable to pay income taxes). Depending upon your tax residency we may need to provide the Jersey tax authority this information, along with information relating to your accounts, which may then be shared between the relevant countries’ tax authorities.
You are responsible for understanding and complying with your tax obligations in all countries in which those obligations arise. If you have any questions on how to define your tax residency status, please visit the OECD website or speak to a professional tax adviser, as HSBC Group does not provide tax advice.
If you are a US national, have US contact details or other US connections, we may require additional FATCA documentation before we can complete your application.
Your privacy is important to HSBC.
Our Privacy Notice explains how we collect, use, disclose, transfer, and store your information and sets out your rights to your information. We will inform you when we make any changes to it.
Where personal data is being or has been collected by our Hong Kong branch office, in addition to the Privacy Notice, you will be given the Notice relating to the Personal Data (Privacy) Ordinance that applies to you and other individuals (the "Notice") which also contains important information about how our Hong Kong branch office will use such information provided to the Hong Kong office. You must ensure that every Connected Person whose information has been or will be collected by us in Hong Kong has been notified of and agreed to the Notice (as may be amended or supplemented by us from time to time).
Applications are subject to our eligibility criteria, current details of which can be found in our Tariff of Charges.
Your new HSBC Expat accounts must be funded within the first 3 calendar months from when your accounts are opened. If the accounts are not funded or are partially funded, they may be subject to an Underfunding Fee or closure.
Your account(s) will be held by HSBC Expat, a division of HSBC Bank plc, Jersey Branch, HSBC House, Esplanade, St Helier, Jersey, JE1 1HS.
Please confirm the requirements above before proceeding with your application