HSBC Salary Account: Eligibility, Documents, Application Process, and More!

With an HSBC salary account, you can benefit from a range of features such as easy money transfers, online and mobile banking access, and global account access through HSBC’s extensive international network. The account also provides exclusive perks like preferential rates on loans along with access to personal finance tools. ...read more

Let’s learn more about all the salary accounts of HSBC in detail.

HSBC Salary Account Benefits and Features

The key HSBC salary account benefits and features include —

Feature Type Description
Expert Financial Assistance Get relevant expertise and tools to manage your money
Global Money Account
  • Get a free debit card
  • Receive or send money across the globe in multiple currencies
Dedicated Team of Professionals
  • Relationship Manager assigned to be your point of contact for all your banking needs
  • Service Manager for all your regular banking essentials
Efficient Wealth Management
  • Option to choose unit-linked insurance plans
  • Select from a range of exchange-traded funds, bonds, mutual funds, and equities for investment
  • Access WorldTrader, HSBC’s investment platform where you can find up to 77 exchanges and 25 markets 
Exclusive Support and Service
  • Enjoy attractive interest rates along with the bank’s online E-Saver account
  • Get preferential rates on term deposits in multiple currencies, including GBP, USD, and AED
  • Free post-dated cheque collections
VIP Facilities
  • 24/7 access to online banking facilities
  • Get last-minute reservations at the leading global and local restaurants across the UAE
  • Travel, dining, and entertainment benefits
  • Access to a digital platform with direct booking for hotels and flights

Current Account in UAE

2. Premier Bank Account

Feature Type Description
Multiple Currencies This HSBC bank account is available in major currencies —
  • EUR
  • USD
  • GBP
  • AED
Family Premier
  • Get a premier account for your spouse and children
  • Children get the privilege to manage their own accounts
  • Option to open an overseas account for education and career abroad
Premier World Benefits
  • Login and fetch your account information from anywhere around the world
  • Open a foreign currency account with competitive interest rates
  • Get complimentary HSBC Worldwide Travel Insurance
  • Card replacements within a day in case of theft or loss 
  • Emergency cash of up to USD 10,000 (daily) if your card is stolen or lost

 

3.  Advance Account

Feature Type Description
Money Transfers Make quick international and domestic transfers
Wealth Solutions Access WorldTrader, HSBC’s investment platform
Global Money Account
  • Receive and send money in multiple currencies
  • Overdraft facility of up to 100% of your salary or AED 50,000 (whichever is lower)
  • Enjoy preferential rates on personal loans
  • Open an international HSBC account and enjoy 50% off on the processing fees

HSBC Salary Account Opening Requirements

Given below are the HSBC salary account opening requirements in the UAE —

Eligibility Type

Requirements

Age

Minimum — 18 years

Nationality

UAE national or expatriate

Employment Status

Salaried or self-employed 

HSBC Salary Account — Documents Checklist

For HSBC account opening verification, keep these documents ready — 

  • Emirates ID
  • Passport
  • Latest 6 Months’ Bank Statement
  • Salary Certificate

Note: Make sure all the documents are valid.

Saving Account in UAE

Open HSBC Bank Account Via Policybazaar.ae

HSBC salary account opening is now incredibly easy with Policybazaar.ae! On our platform, you can easily complete your application in minutes. Simply complete the lead form and submit your application. For any additional queries regarding the HSBC salary account, get in touch with us via a call or email.

Open Salary Accounts in Other Top UAE's Banks
Standard Chartered Bank Salary Account ADIB Salary Account
Al Masraf Bank Salary Account Emirates NBD Bank Salary Account
CitiBank Salary Account FAB Salary Account
RAKBANK Salary Account Dubai Islamic Bank Salary Account
Emirates Islamic Bank Salary Account Sharjah Islamic Bank Salary Account
Ajman Bank Salary Account Al Hilal Bank Salary Account
CBD Bank Salary Account  

Frequently Asked Questions

Can I transfer money from my HSBC Advance account in any currency?

Yes, the account allows you to transfer money in currencies other than AED.

I hold an HSBC Premier account. Is travel insurance included in my debit card?

Yes, complimentary travel insurance is included.

In which currency can I open an HSBC Premier account?

You can open your bank account in AED, GBP, EUR, and GBP currencies.

More From Bank Accounts