Things you should know
You could benefit from our products and services if:
- You need to make international payments or have accounts in different currencies
- You live outside your home country
- You move regularly between different countries
- You're looking for an economically stable home for your money
- You're thinking of retiring abroad
Do I need to be an expat?
No, you don't have to be an expat. However, our multicurrency accounts and wealth management services are specifically designed for expats, or customers who regularly make international payments.
Minimum balance and age requirements
New customers need to hold a minimum of £60,000 or currency equivalent in deposits and/or investments with us. All customers must be aged 18 or over.
HSBC Premier is free of monthly charges, however, a £35 underfunding fee will apply for any given month where your Relationship Balance falls below the minimum Relationship Balance of £60,000.
Our fees and charges
From credit card charges to overdraft fees you'll find details on all our fees and charges in our Tariff of Charges.
Visit the Download Centre to download our tariff of charges
Tax rules differ from country to country and residents of certain countries are subject to different tax reporting agreements.
Find out the key things you should know about how information is reported to the relevant tax authorities.
Global Tax Navigator
can give you more guidance on how your tax obligations could change if you move to a different country.
While banking offshore may have tax related benefits for you, tax rules differ from country to country. If you're unsure about your personal tax obligations, you should seek professional advice. It's your responsibility to disclose your income to the tax authorities.
Currency equivalent applies to all the figures quoted on this page.