Received the latest news from the bank.Since June 10th, Hong Kong HSBC One account stops mainland residents from opening accounts! Only Premier Accounts are open! The threshold has also been raised!What's going on? I'll give you a detailed answer today

01Hong Kong HSBC one account account opening threshold adjustment

First of all, it is not the mainland people now can not apply to open the Hong Kong HSBC one account, this online rumor is too exaggerated! It can only mean that HSBC to engage in such a thing, behind the Hong Kong bank personal savings card account opening threshold will be higher and higher.

Now HSBC Hong Kong is suspended to the branch site to open HSBCone, but can continue to apply for HSBCone in Hong Kong online, and is not the so-called full suspension.And if you want to open an HSBC Premier account (HK$1 million asset requirement) you can open an account normally at the branch on-site.

I. Important adjustments to the personal account opening of the Hong Kong and Shanghai Banking Corporation Limited (HSBC)

1. Age limit:Customers over 64 years old (64 years old does not affect) from June 10, 2025, the bank will suspend accepting applications for account opening.

2. Physical bank card collection method:It will no longer be issued on the spot, and you will not be able to receive the physical card directly when you open an account. The card will be sent by courier to the registered current address, and you can use the reserved cell phone number to track the courier information.

3. Withdrawal restrictions: Withdrawals are prohibited within 3 days of account opening, so please plan your use of funds in advance.

4. Prohibition of passport account booking

5. Prohibit (3 days) the transfer of funds out of the country, or immediately close the accountThis policy change is fast and furious. The zero-threshold HSBC One account, which was the most popular Hong Kong card among Mainlanders yesterday, has made a 180-degree turnaround today and is directly shut down for you. Not only is it called off, but even the alternatives Premier Accounts have substantially raised their thresholds.
Now there are still hesitant to open HSBC friends, do not hesitate, people directly do not give you open

02 Hong Kong's top three banks tighten account opening thresholds

Hong Kong Card threshold continues to rise

HSBC has significantly tightened its account opening policy, marking the fact that the three major note-issuing banks in Hong Kong (HSBC, Standard Chartered and Bank of China) have all raised their account opening thresholds. These three banks, as Hong Kong dollar issuers, their policy adjustments have the significance of industry wind vane.

Prior to 2024, Standard Chartered had a"Remote video account opening"attract a large number of customers. However, from 2024 onwards, the bank not onlyRequirement to go to Hong Kong in person to open an account, and also require on-site capital verification of 500,000 Hong Kong dollars.Mainland customers have turned to HSBC and BOC after the policy was tightened.

However, BOC is also raising the requirements in 2025 by adding the following new conditions in addition to the basic three-piece set (ID card + passport/passport + small ticket for crossing the border):

1. Proof of valid investments of $100,000 or more (excluding money funds)
2. Payroll showing company name with balance over $100,000
3. Social security records for the last 3 months
4. If you do not have proof of investment, you need to hold a Hong Kong insurance policy or be a shareholder/legal entity of a company.

The synchronized tightening of policies by the three major banks clearly signals that the threshold for bank accounts in Hong Kong will continue to rise. Future differences among banks will be mainly reflected in the degree of tightening and policy details.

If you still want to open HSBC Hong Kong Card, you can contact our online customer service to arrange for a specialist manager to answer questions and provide professional advice andFull one-on-one service

03 Other alternatives

Receive a physical card on the spot

1. Hang Seng Bank.

Balance of $100,000 (more than half a month) is required, e.g., bank balance/equity or more assets

2. Standard Chartered Bank.

Need to have more than $500,000 in assets (for more than a week)

.

Mainland Online Remote Processing~

Overseas Chinese Bank, Hong Kong

No need to travel to Hong Kong in person, online video witnessing in the Mainland

The downside: it takes a month to get a physical card

If you still want to open HSBC Hong Kong Card, you can contact our online customer service to arrange for a specialist manager to answer questions and provide professional advice andFull one-on-one service