Foreign exchange / Investment / Insurance

• You can log on to HSBC Online Banking, go to 'My Banking' - 'Transfer and Currency Conversion', choose your Foreign Currency Account to perform FX.
• You can also log on to the HSBC China Mobile Banking app, select 'Foreign exchange services' on the 'Home' page; Or in our WeChat Service Account, look for 'Personal banking' - 'Foreign exchange services'.

Note: If you're in mainland China and hold a US Dollar Current Account, the limit of purchase is USD50,000 (or its equivalent in other currencies). Please read 'Individual FX Purchase Application‘ carefully and input the use of funds based on the actual situations.

Conversion over the quota requires relevant supporting documents. You can contact HSBC to exchange foreign currency to renminbi with valid identity certificates and supporting documents, such as invoice receipts from daily living expenses, or sizable contracts (for example, when converting a large sum for a car purchase, or for home renovations).

If you are planning to purchase property* and the price in renminbi exceeds the annual quota, it is necessary to provide the purchase contract.

*According to SAFE regulations, purchase of residential property for owner-occupation is permitted for overseas individuals (excluding Hong Kong, Macau, Taiwan residents and overseas Chinese) who have worked or studied in China for over one year. Hong Kong, Macau, Taiwan residents and overseas Chinese who work/live/study in China are also permitted to purchase residential property of a certain size for owner-occupation.

You can go to the homepage of our site, look for FX rates under the Banking section to view the latest exchange rates. The currency exchange function can automatically calculate the exchange amount between currencies according to the latest exchange rate.

Structured deposit product is embedded in derivatives. It’s linked to specific underlying assets, which enables depositors to receive relevant returns (if any) while taking certain risks. Details please refer to Structured Deposits (launched by HSBC China)

1 months to 3 years. The investment tenor and product features for Structured products vary depending on the products.

If you plan to purchase an insurance product, your relationship manager at the bank will provide you with a Policy Application Form and Insurance Document for Insurance Agency Sale. For life insurance products, the Product Proposal, Important Information Concerning Personal Insurance Products and Financial Planning Report will also be provided.

Based on different requirements for different products, your relationship manager may provide other documents such as questionnaires for health condition, Financial Questionnaire, Supplementary Files and other necessary materials.

If you buy an insurance policy and apply for a policy loan (or use an automatic policy loan), please note that you will need to pay interest on repayment of the loan.

If you buy a Unit-Linked Product, you will be subject to initial charge, risk premium, asset management charge, policy administration charge and charge for personal account withdrawal; when you apply to conduct an account switch, you may also need to pay the switching charge.

If you buy a Universal Life Product, you will be subject to initial charge, protection cost, policy administration charge, surrender charge and other charges.

If you wish to resume your lapsed policy, overdue premium and corresponding interest will be charged.