Wednesday 26 October 2011

HSBC in China

HSBC premier isn't doing so well. as we are their costumers, their global function is really great with no doubt. but in China, a transfer limit as 200,000 RMB yuan per day, and 50,000 RMB yuan per transaction(information from my mom's manager, isn't available online) is not convenient to use for rich people to do their business.

Although HSBC Premier is positioning itself as a personal banking services, but as far as i know from my mom's friends, they all using their personal bank account as well as their business account. so as they targeting rich people between 35-50 years old. the limit they sat up is hard to fit those people's business needs.

considering there is no rules in the Law as they should have this limit. they have to change the limit on the Premier services, even me was shocked as i thought it should have no limit at all at first.    

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