GSL / Offshore and International Law. Offshore companies registration. / Offshore Banking / HSBC Private Bank (Suisse) SA

How to open a bank account in HSBC Private Bank (Suisse) SA

GSL reference about the bank What is it?

Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.

GSL rating

Beginning of cooperation

August, 2007

Last contact

October, 2023

Last update

July, 2023
  • savings (investment) accounts;
  • an account can be opened without leaving Switzerland, but a meeting with a banker who regularly visits Moscow is required;
  • minimum account balance – 5,000,000 EUR;
  • the term for opening an account – case by case (check with the consultant)
GSL rating
Beginning of cooperation
August, 2007
Last contact
October, 2023
Last update
July, 2023
Your Consultant
Поиск консультанта...

Поиск консультанта...

+44 0 207 822 85 90

General information and rating

263
Global rating
39
Countrywide rating
—
Countrywide rating of the head bank
—
Global rating of the head bank
Year of foundation
1988
History
The HSBC group was founded in Hong Kong in 1865 as “Hong Kong and Shanghai Banking Corporation Ltd”. Republic National Bank of New York (Suisse) SA was established on February 1, 1988. In 1996 Banque Unigestion SA (Geneva) was acquired. The name was changed to HSBC Republic Bank (Suisse) SA on January 5, 2000. On April 11, 2001, HSBC Bank (Suisse) SA took over all assets and liabilities of HSBC Republic Bank (Suisse) SA and changed its name to HSBC Republic Bank (Suisse) SA. At the same time, the former HSBC Republic Bank (Suisse) SA was renamed to HSBC Bank (Suisse) SA and put into liquidation. The bank has over 80 offices in 36 countries in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
Personnel
Russian-speaking officers are available
Bank’s shareholders
HSBC Private Banking Holdings (Suisse) SA (Geneva Switzerland) - 100%
Confidentiality
Judicial Cooperation Agreement with Russia is signed; Double Taxation Agreement with Russia is signed; AML legislation is strictly observed; Active member of OECD, FATF, Basel Commitee, Egmont Group etc.
Compare banks

    Minimum requirements

    5 000 000
    Minimum balance, €
    N/A
    Transactions permitted per month
    5 000 000
    Initial deposit of funds, €
    3
    Deadline for the initial deposit, month
    Minimum balance, €
    5 000 000 EUR
    Deadline for the initial deposit, month
    Time within which initial minimum deposit needs to be made – by agreement
    How fast payments are executed
    Payments are executed same-day

    Tariffs and services

    25
    Outcoming transfer, €
    0
    Incoming transfer, €
    730
    Account maintenance, €/year
    N/A
    Payment limit for credit cards, €/day
    Outcoming transfer, €
    Payments – only the cost of SWIFT (≈25 EUR), broker and custodial services – by agreement
    Account maintenance, €/year
    Annual maintenance fee - 900 CHF
    Distant access to the account
    The account is operated by fax, e-mail + voice. Internet banking
    Financial products
    Fiduciary deposits, credits and specialized financing, safekeeping, investment advice, fiduciary management asset, alternative investments, fund choice strategy, family office, corporate finance, mortgage (European real estate), mortgage finance, insurance programs, advisory service
    Credit/debit cards
    Visa, MasterCard, American Express, Sw Cash

    Account opening procedure

    Days to open for incoming transfers
    case by case
    Days to open for outcoming transfers
    case by case
    References
    Not necessary
    Purpose of the account
    Savings
    Visit to the bank
    Not required
    Required
    To open a personal account: completed form (Bank), CV, passports, reference letter from the current bank. To open a corporate account: completed form (Bank), brief description of company’s activities, passports of the company’s beneficial owners, Form А, apostilled documents (certificate of incorporation, memorandum and articles of association, general power of attorney, and board resolution appointing the director)
    Types of accounts
    Savings
    Opening procedure and Due Diligence
    It is possible to open an account without visiting the country where the bank is located
    Chances to open an account
    Predictable
    Business description
    Relatively detailed: in addition to the description of the business, the origin of funds needs to be disclosed
    Offers
    Company registration in Switzerland. Private limited liability company (GmbH). Service offer

    Company incorporation. Subsequent administration of the company. Fees for basic services

    10200 EUR

    Buy

    Banks of Switzerland

    Bank
    The cost of opening an account, $
    Global rating
    Countrywide rating
    GSL rating
    REYL & Cie Ltd
    1 820
    N/A
    N/A
    One Swiss Bank SA
    1 820
    N/A
    27
    MBaer Merchant Bank AG
    1 820
    N/A
    N/A
    Pictet
    1 820
    N/A
    15
    Banque SYZ SA
    1 820
    N/A
    85
    Schroder & Co Bank AG
    1 820
    N/A
    124
    Bank J. Safra Sarasin Ltd
    1 820
    N/A
    22
    VP Bank (Schweiz) AG
    1 820
    N/A
    97
    Bank Vontobel AG
    1 820
    975
    29
    Kaleido Privatbank (former AP Anlage & Privatbank)
    1 820
    N/A
    N/A
    Lombard Odier
    1 820
    N/A
    35
    Edmond de Rothschild (Suisse) SA
    1 820
    818
    50
    PKB Privatbank SA
    1 820
    2 453
    87
    Banque Heritage SA
    1 820
    4 038
    155
    EFG (Zurich) SA
    1 820
    752
    17
    CIM Banque SA
    1 820
    4 637
    112
    BCP (Banque de Commerce et de Placements) SA
    1 820
    N/A
    70
    BNP Paribas (Suisse) SA
    1 820
    456
    10
    Credit Suisse AG
    1 820
    28
    1
    CBH Compagnie Bancaire Helvétique SA
    1 820
    3 296
    89
    Société Générale Private Banking (Suisse) SA
    1 820
    1 304
    51
    UBS AG
    1 820
    19
    2
    Union Bancaire Privée, UBP SA
    1 820
    697
    13
    CA Indosuez (Switzerland) SA (former Credit Agricole (Suisse) SA)
    1 820
    595
    16
    HSBC Private Bank (Suisse) SA
    1 820
    263
    39
    Need a consultation from a specialist?
    Share on social media:

    Add a comment

    By clicking the «Send» button, you agree to the processing of personal data in accordance with the terms of our privacy policy

    RU EN