This document or video is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document or video is distributed and/or made available by HSBC Bank Canada (including one or more of its subsidiaries HSBC Investment Funds (Canada) Inc. (‘HIFC’), HSBC Private Wealth Services (Canada) Inc. (‘HPWS’), HSBC InvestDirect division of HSBC Securities (Canada) Inc. (‘HIDC’)), HSBC Bank (China) Company Limited, HSBC Continental Europe, HBAP, HSBC Bank (Singapore) Limited, HSBC Bank Middle East Limited (UAE), HSBC UK Bank Plc, HSBC Bank Malaysia Berhad (127776 V)/ HSBC Amanah Malaysia Berhad (807705 X), HSBC Bank (Taiwan) Limited, HSBC Bank plc, Jersey Branch, HSBC Bank plc, Guernsey Branch, HSBC Bank plc in the Isle of Man, HSBC Continental Europe, Greece , and The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) (collectively, the “Distributors”) to their respective clients. This document or video is for general circulation and information purposes only.
\nThe contents of this document or video may not be reproduced or further distributed to any person or entity, whether in whole or in part, for any purpose. This document or video must not be distributed in any jurisdiction where its distribution is unlawful. All non authorised reproduction or use of this document or video will be the responsibility of the user and may lead to legal proceedings. The material contained in this document or video is for general information purposes only and does not constitute investment research or advice or a recommendation to buy or sell investments. Some of the statements contained in this document or video may be considered forward looking statements which provide current expectations or forecasts of future events. Such forward looking statements are not guarantees of future performance or events and involve risks and uncertainties. Actual results may differ materially from those described in such forward looking statements as a result of various factors. HBAP and the Distributors do not undertake any obligation to update the forward looking statements contained herein, or to update the reasons why actual results could differ from those projected in the forward looking statements. This document or video has no contractual value and is not by any means intended as a solicitation, nor a recommendation for the purchase or sale of any financial instrument in any jurisdiction in which such an offer is not lawful. The views and opinions expressed herein have been sourced from HSBC Global Asset Management at the time of preparation, and are subject to change at any time. These views may not necessarily indicate HSBC Global Asset Management‘s current portfolios’ composition. Individual portfolios managed by HSBC Global Asset Management primarily reflect individual clients’ objectives, risk preferences, time horizon, and market liquidity.
\nThe value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested. Past performance contained in this document or video is not a reliable indicator of future performance whilst any forecasts, projections and simulations contained herein should not be relied upon as an indication of future results. Where overseas investments are held the rate of currency exchange may cause the value of such investments to go down as well as up. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets. Economies in emerging markets generally are heavily dependent upon international trade and, accordingly, have been and may continue to be affected adversely by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade. These economies also have been and may continue to be affected adversely by economic conditions in the countries in which they trade. Investments are subject to market risks, read all investment related documents carefully.
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\nWe accept no responsibility for the accuracy and/or completeness of any third party information obtained from sources we believe to be reliable but which have not been independently verified.
\nImportant Information about HSBC Global Asset Management (Canada) Limited (“AMCA”)
\nHSBC Global Asset Management is a group of companies that are engaged in investment advisory and fund management activities, which are ultimately owned by HSBC Holdings plc. AMCA is a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada.
\nImportant Information about HSBC Investment Funds (Canada) Inc.(“HIFC”)
\nHIFC is the principal distributor of the HSBC Mutual Funds and offers the HSBC Pooled Funds through the HSBC World Selection Portfolio service. HIFC is a subsidiary of AMCA, and indirect subsidiary of HSBC Bank Canada, and provides its products and services in all provinces of Canada except Prince Edward Island. Mutual fund investments are subject to risks. Please read the Fund Facts before investing.
\nImportant Information about HSBC Private Wealth Services (Canada) Inc.(“HPWS”)
\nHPWS is a direct subsidiary of HSBC Bank Canada and provides services in all provinces of Canada except Prince Edward Island. The Private Investment Management service is a discretionary portfolio management service offered by HPWS. Under this discretionary service, assets of participating clients will be invested by HPWS or its delegated portfolio manager in securities, including but not limited to, stocks, bonds, pooled funds, mutual funds and derivatives.
\nImportant Information about HSBC InvestDirect (HIDC)
\nHIDC is a division of HSBC Securities (Canada) Inc., a direct subsidiary of, but separate entity from, HSBC Bank Canada. HIDC is an order execution only service. HIDC will not conduct suitability assessments of client account holdings or of the orders submitted by clients or from anyone authorized to trade on the client’s behalf. Clients have the sole responsibility for their investment decisions and securities transactions.
\nWe accept no responsibility for the accuracy and/or completeness of any third party information obtained from sources we believe to be reliable but which have not been independently verified.
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\n"},"cashback":{"name":"cashback","anchor":"cashback","html":"Maximum cashback is capped at AED 100 for fuel spends and AED 200 for grocery spends per statement cycle. A minimum retail spends of AED 3,000 apply to earn the maximum cashback earn rate, otherwise 1% cashback will apply during the statement cycle without any caps."},"voxstandard":{"name":"voxstandard","anchor":"voxstandard","html":"For tickets purchased with your HSBC Visa card online or through the VOX mobile app."},"voxenhanced":{"name":"voxenhanced","anchor":"voxenhanced","html":"For tickets purchased with your HSBC Visa card online or through the VOX mobile app. You can apply four times in a month to get 2 tickets per transaction."},"minimumspend5000":{"name":"minimumspend5000","anchor":"minimumspend5000","html":"Subject to a minimum spend of AED 5,000 a month."},"mortgages-footnote-1":{"name":"mortgages-footnote-1","anchor":"mortgages-footnote-1","html":"If the customer is the first time buyer and has no other property, fully or jointly owned, you may be able to borrow an additional 5% subject to the bank's approval."},"voxsunday5":{"name":"voxsunday5","anchor":"voxsunday5","html":"For tickets purchased with your HSBC Visa card online or through the VOX mobile app. You can apply for 2 tickets per transaction and up to 5 free tickets a month."},"visa-service-disclaimer":{"name":"Visa service disclaimer","anchor":"visa-service-disclaimer","html":"Service and benefits provided by Visa International. The Bank is not responsible for any disputes arising from the programme. For more information, cardholders can call Visa on (800) 900 781, call collect on +61 2 9235 0260 or visit www.visa.com.hk/platinum"},"cashbackannualfee":{"name":"cashbackannualfee","anchor":"cashbackannualfee","html":"Your Live+ annual fee will be waived for the first year if your application is approved on or before 31 December 2024. After the first year and every year after that, your annual fee will be waived if you spend at least AED 12,000 in the previous 12 months. If you don't meet the minimum spend, you'll be charged an annual fee of AED 299 (AED 313.95 inclusive of VAT) in the 13th month. Please refer to the latest Schedule of Services and Tariffs for full details. Credit Cards Annual Fee Waiver Campaign Terms and Conditions."},"tickets":{"name":"tickets","anchor":"tickets","html":"For tickets purchased with your eligible HSBC credit card online or through the partner’s mobile app."},"maximumcashback":{"name":"maximumcashback","anchor":"maximumcashback","html":"Maximum cashback is capped at AED 200 for fuel spends, AED 200 for education spends and AED 200 for grocery spends per statement cycle. A minimum retail spends of AED 3,000 apply to earn the maximum cashback earn rate, otherwise 0.5% cashback will apply during the statement cycle without any caps."},"financecharge":{"name":"financecharge","anchor":"financecharge","html":"Will increase by up to 1% per month (equivalent to 12% annualized) and 0.5% per month (equivalent to 6% annualized for HSBC Black, Private Bank and Premier Credit Cards) for so long as you are overdue on the payment. Original rates will be re-instated when you are not overdue. In addition, a Collection Agency Fee will be charged to your Account when the Bank appoints an external Collection Agency to follow up on the outstanding payment."},"minimumspend3000":{"name":"minimumspend3000","anchor":"minimumspend3000","html":"Subject to a minimum spend of AED 3,000 a month."},"blackbonus":{"name":"blackbonus","anchor":"blackbonus","html":"The bonus sign-up Air Miles offer applies to the first year only. The bonus anniversary Air Miles offer applies from the second year onwards. You must have paid the annual membership fee for the card, as shown in the Schedule of Services and Tariffs."},"financing-refinancing-warning":{"name":"financing-refinancing-warning","anchor":"financing-refinancing-warning","html":"Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit."},"financing-early-repayment-warning":{"name":"financing-early-repayment-warning","anchor":"financing-early-repayment-warning","html":"You may have to pay penalties if you pay off a loan/financing early."},"fx-completion-times-warning":{"name":"fx-completion-times-warning","anchor":"fx-completion-times-warning","html":"The actual time to complete a transaction may differ from estimates due to increased scrutiny of transactions by the financial institution or entity providing financial services to the beneficiary of remittances."},"investment-past-performance-warning":{"name":"investment-past-performance-warning","anchor":"investment-past-performance-warning","html":"Past performance is not a reliable guide to future performance."},"fx-incomplete-fees-warning":{"name":"fx-incomplete-fees-warning","anchor":"fx-incomplete-fees-warning","html":"Penalties and Fees may be applied if there is a customer error or omission in providing correct or incomplete remittance information and may cause a rejection of, or delays in, the transfer. The exchange rate used for the refund of money paid by you may differ from the original rate used for the transfer. We shall not be held liable for any potential loss."},"fx-recall-of-payments-warning":{"name":"fx-recall-of-payments-warning","anchor":"fx-recall-of-payments-warning","html":"For recall of payments, please contact us as soon as possible on <a href="tel:8004525">800 4525</a> (within UAE) or <a href="tel:+97142274310">+971 4 227 4310</a> (outside UAE). We may charge payment recall fee and the exchange rate used for the refund of money paid by you may differ from the original rate used for the transfer. We cannot guarantee that we’ll be able to recall the payment successfully."},"mortgages-warning":{"name":"mortgages-warning","anchor":"mortgages-warning","html":"If you do not keep up your repayments/payments, you may lose your property."},"fx-currency-changes-warning":{"name":"fx-currency-changes-warning","anchor":"fx-currency-changes-warning","html":"This product/service may be affected by changes in foreign currency exchange rates."},"financing-arrears-warning":{"name":"financing-arrears-warning","anchor":"financing-arrears-warning","html":"If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future."},"fx-receiving-bank-fees-warning":{"name":"fx-receiving-bank-fees-warning","anchor":"fx-receiving-bank-fees-warning","html":"Correspondent and receiving banks may charge additional fees when they process the transaction."},"investment-future-performance-warning":{"name":"investment-future-performance-warning","anchor":"investment-future-performance-warning","html":"These figures are estimates / examples only. They are not a reliable guide to the future performance of this investment."},"mortgage-apr":{"name":"mortgage-apr","anchor":"mortgage-apr","html":"Annual Percentage Rate (APR) quoted above is inclusive of 0.5% processing fee assuming a maximum loan tenor of 25 years."},"mortgage-overpayment-amounts":{"name":"mortgage-overpayment-amounts","anchor":"mortgage-overpayment-amounts","html":"If the total value of overpayment amounts in a calendar year does not exceed 25% of the total outstanding loan amount (calculated at the time of the first overpayment in that calendar year) and subject to a minimum over payment amount of AED 25,000 on top of your usual monthly instalment."},"mortgage-fixed-rate":{"name":"mortgage-fixed-rate","anchor":"mortgage-fixed-rate","html":"Fixed Rate option is available for 1, 2, 3 and 5 years."},"fx-schedule-of-services-tariffs-fee":{"name":"fx-schedule-of-services-tariffs-fee","anchor":"fx-schedule-of-services-tariffs-fee","html":"An HSBC account comes with a debit card and monthly statements. Please refer to our Schedule of Services and Tariffs for a complete list of services along with any fees and charges associated with them."},"mortgage-axa-home-insurance":{"name":"mortgage-axa-home-insurance","anchor":"mortgage-axa-home-insurance","html":"AXA Home Insurance Campaign Terms and Conditions apply. Home insurance offer is an optional Product provided by AXA Insurance (Gulf) B.S.C. You will receive a discount of up to 10% on the total premium paid for your AXA Home Policy. You will receive a voucher (Carrefour) of up to AED 50 from AXA Insurance (Gulf) B.S.C. based on the total premium paid for your AXA Motor Policy. HSBC Bank Middle East Limited in the UAE is only a distributor of the product and is not responsible for the services carried out by AXA Insurance (Gulf) B.S.C."},"mortgage-cashback":{"name":"mortgage-cashback","anchor":"mortgage-cashback","html":"Cashback is available providing you receive an Approval in Principle during the offer period, successful loan drawdown takes place and receipt of the Title Deed mortgaged in HSBC’s favour."},"mortgage-eibor-rate":{"name":"mortgage-eibor-rate","anchor":"mortgage-eibor-rate","html":"The 3-month EIBOR rate is reviewed on a quarterly basis."},"mortgage-home-loan-approval":{"name":"mortgage-home-loan-approval","anchor":"mortgage-home-loan-approval","html":"Home Loan approval is in principle. It will be provided in 60 minutes after submitting satisfactory documentation to an HSBC Advisor during working hours between Monday to Friday, 08:00 to 16:00."},"mortgage-min-loan-amt":{"name":"mortgage-min-loan-amt","anchor":"mortgage-min-loan-amt","html":"Minimum loan amount is AED 350,000."},"fx-minimum-balance-for-non-salaried":{"name":"fx-minimum-balance-for-non-salaried","anchor":"fx-minimum-balance-for-non-salaried","html":"If you are a non-salary transfer customer, a lower cost option for you to consider is to have a personal banking proposition, and open a Flexi or E-saver account, as you will not be required to maintain a minimum balance in those accounts. If you choose a different proposition or open a different account type, then a fee may be applied for not maintaining a minimum balance as per the Schedule of Services and Tariffs."},"fx-minimum-balance-for-account-open":{"name":"fx-minimum-balance-for-account-open","anchor":"fx-minimum-balance-for-account-open","html":"If you are a salaried customer and your salary is transferred to HSBC UAE, you will not be required to maintain a minimum balance or a relationship balance with us for any account that you open with us. If you stop transferring your salary to HSBC UAE, then a fee may be applied as per the Schedule of Services and Tariffs.
\nIf you are a non-salary transfer customer, a lower cost option for you to consider is to have a personal banking proposition, and open a Flexi or E-saver account, as you will not be required to maintain a minimum balance in those accounts. If you choose a different proposition or open a different account type, then a fee may be applied for not maintaining a minimum balance as per the Schedule of Services and Tariffs.
\n"},"fx-minimum-balance-for-salaried":{"name":"fx-minimum-balance-for-salaried","anchor":"fx-minimum-balance-for-salaried","html":"If you are a salaried customer and your salary is transferred to HSBC UAE, you will not be required to maintain a minimum balance or a relationship balance with us for any account that you open with us. If you stop transferring your salary to HSBC UAE, then a fee may be applied as per the Schedule of Services and Tariffs."},"cashplustncs":{"name":"cashplustncs","anchor":"cashplustncs","html":"For more details please refer to the HSBC Cash+ Credit Card page. The HSBC Cash+ Credit Card Terms and Conditions , HSBC Credit Card Agreement Terms, HSBC Personal Banking General Terms and Conditions (UAE), and Schedule of Services and Tariffs apply."},"cashpluspricing":{"name":"cashpluspricing","anchor":"cashpluspricing","html":"Your Cash+ annual fee will be waived for the first year if your application is approved on or before 31 December 2026. After the first year and every year after that, your annual fee will be waived if you spend at least AED 24,000 in the previous 12 months. If you don't meet the minimum spend, you'll be charged an annual fee of AED 1,000 (AED 1,050 inclusive of VAT) in the 13th month. Please refer to the latest Schedule of Services and Tariffs for full details. Credit Cards Annual Fee Waiver Campaign Terms and Conditions."},"maxrewardstncs":{"name":"maxrewardstncs","anchor":"maxrewardstncs","html":"For more details please refer to the HSBC Max Rewards Credit Card page. The HSBC Max Rewards Credit Card Terms and Conditions, HSBC Credit Card Agreement Terms, HSBC Personal Banking General Terms and Conditions (UAE), and Schedule of Services and Tariffs apply."},"vox-reel-tncs":{"name":"vox-reel-tncs","anchor":"vox-reel-tncs","html":"The Cinema Buy 1 get 1 offer is applicable only at Vox and Reel Cinemas in UAE when booking is made online. The benefit is only available if you have made a minimum spend of AED 6,000 on your HSBC Max Rewards Credit Card, during the ticket booking calender month. Where the minimum spend requirement is not met, the cost of the free ticket will become chargeable; Minimum spend required to qualify for the complimentary benefit includes the total spend made by the primary and supplementary cardholder(s). VOX Cinema Terms and Conditions and REEL Cinema Terms and Conditions apply."},"maxrewardspricing":{"name":"maxrewardspricing","anchor":"maxrewardspricing","html":"No annual fee for the first year providing your application is approved by 30 June 2026. After the first year and on an annual basis thereafter, your Annual Fee will be waived provided you spend a minimum of AED 12,000 in the previous 12 months. If you do not meet the minimum spend, we will charge you the Annual Fee of AED 600 (AED 630 inclusive of VAT) in the 13th month. Please refer to the latest Schedule of Services and Tariffs. Credit Cards Annual Fee Waiver Campaign Terms and Conditions"},"entertainer-soleil-tncs":{"name":"entertainer-soleil-tncs","anchor":"entertainer-soleil-tncs","html":"This benefit is only complimentary if you have made a minimum spend of AED 6,000 on your HSBC Max Rewards Credit Card during the Entertainer soleil booking calendar month. We will charge you one month HSBC ENTERTAINER soleil membership fee AED 272 (inclusive of VAT 285.60) for every month where you have used the benefit and the minimum spend requirement has not been met. Minimum spend required to qualify for the complimentary benefit includes the total spend made by the primary and supplementary cardholder(s). This complimentary benefit is only for HSBC Max Rewards primary credit cardholder. HSBC ENTERTAINER Terms of Use and HSBC Max Rewards Credit Card Terms and Conditions apply."},"fx-currency-lowest-cost-warning":{"name":"fx-currency-lowest-cost-warning","anchor":"fx-currency-lowest-cost-warning","html":"For Jade, Premier and Advance customers, Global Transfers service is the lowest cost option to transfer money inside the HSBC for supported currencies. We cannot guarantee that the exchange rates offered by HSBC UAE will be better than those offered by other financial institutions at the time of transfer."},"fx-currency-hsbc-cost-warning":{"name":"fx-currency-hsbc-cost-warning","anchor":"fx-currency-hsbc-cost-warning","html":"The HSBC exchange rate is the reference rate of exchange between currencies offered by HSBC. This rate includes the HSBC cost rate and a foreign currency conversion margin."},"fx-schedule-of-services-tariff-updated":{"name":"fx-schedule-of-services-tariff-updated","anchor":"fx-schedule-of-services-tariff-updated","html":"An HSBC account comes with monthly statements. Please refer to our Schedule of Services and Tariffs (PDF, 416KB) for a complete list of services along with any fees and charges associated with them."},"arrangement-fee":{"name":"arrangement-fee","anchor":"arrangement-fee","html":"Arrangement fee reduced to 0.25% of the home loan finance amount plus VAT (min. AED 5,000 plus VAT). Home loan Terms and Conditions, HSBC Personal Banking General Terms and Conditions, and Offer Terms and Conditions apply."},"annualpercentagerate":{"name":"annualpercentagerate","anchor":"annualpercentagerate","html":"Annual Percentage Rate (APR) is inclusive of 0.5% processing fee assuming a maximum loan tenor of 25 years."},"loanapproval":{"name":"loanapproval","anchor":"loanapproval","html":"Final approval is subject to satisfactory documentation, internal policies and credit bureau checks."},"carloanapr":{"name":"CarLoanAPR","anchor":"carloanapr","html":"Annual Percentage Rate quoted is based on a flat rate which is fixed throughout the loan tenor, and is inclusive of 1% arrangement fee amortized over the maximum loan tenor of 60 months. Interest is calculated on the basis of a 365 day calendar year and accrues daily. We apply the interest rate to your loan balance as it reduces each month (i.e. as you pay each scheduled instalment). Equivalent reducing rate is 4.35% per annum."},"loancallback":{"name":"LoanCallBack","anchor":"loancallback","html":"We'll get back to you within 60 minutes during working hours, Monday to Friday, 09:00 to 16:30. If you contact us outside of these times, we'll get back to you on the next working day. Calls may be recorded for quality and training purposes."},"aprloan_1":{"name":"aprloan","anchor":"aprloan","html":"The Annual Percentage Rate quoted is based on a reducing rate which is fixed throughout the loan term, and includes a 1% arrangement fee which is reduced over the maximum loan term of 48 months. Interest is calculated on the basis of a 365-day calendar year and accrues daily. We apply the interest rate to your Loan balance as it reduces each month (i.e. as you pay each scheduled instalment)."},"aprloan":{"name":"aprloan","anchor":"aprloan","html":"The annual percentage rate (APR) quoted is based on a reducing rate which is fixed throughout the loan term, and includes a 1% arrangement fee which is reduced over the maximum loan term of 48 months. Interest is calculated on the basis of a 365-day calendar year and accrues daily. We apply the interest rate to your loan balance as it reduces each month (ie as you pay each scheduled instalment)."},"schoolfees":{"name":"schoolfees","anchor":"schoolfees","html":"The 60% saving on interest is reachable when you choose to disburse your loan on 3 tranches in line with the school payment terms."},"conciergeservice":{"name":"ConciergeService","anchor":"conciergeservice","html":"The Concierge Service is an optional service provided by Dubizzle Motors L.L.C. and applicable for valuation of used cars purchased from individuals. HSBC Bank Middle East Limited in the UAE is only a distributor of the service and is not responsible for the services carried out by Dubizzle Motors L.L.C. Terms and Conditions apply."},"premieraccount":{"name":"premieraccount","anchor":"premieraccount","html":"AED 350,000 has to be maintained in deposits and/or investments within 24 months or if the mortgage is fully paid off before 24 months to avoid charges and discontinued service. You must successfully meet the Premier by mortgage eligibility criteria in order to take advantage of discounted fees and charges available to Premier customers. If you default on your home loan agreement, this may result in charges or discontinued service."},"foreign-exchange-vat":{"name":"foreign-exchange-vat","anchor":"foreign-exchange-vat","html":"We use the HSBC foreign exchange rate to work out the VAT charges on foreign transaction fees."},"nri-tax-consultancy":{"name":"nri-tax-consultancy","anchor":"nri-tax-consultancy","html":"HSBC customer understands that tax consultation services is solely provided by EY and not by HSBC. By HSBC's referral to EY, HSBC does not accept any responsibility for tax advice provided by EY and any information acted on by you will be at your own risk. HSBC will not be under any obligation to process all transactions on the basis of the advice rendered by EY. Tax rules vary in each country/region. It is important to seek professional advice. It's your responsibility to disclose your income to the authorities in countries and regions where you have tax obligations."},"nri-home-loans":{"name":"nri-home-loans","anchor":"nri-home-loans","html":"All loans at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India. Loans available for applicant and properties in and around the city limits of Mumbai, Pune, New Delhi (NCR), Bengaluru, Chennai, Ahmedabad, Chandigarh, Jaipur and Hyderabad and are subject to change from time to time.https://www.hsbc.co.in/home-loans/"},"nri-concierge":{"name":"nri-concierge","anchor":"nri-concierge","html":"Aspire Lifestyles, which is a concierge service provider, provides the global concierge programme for HSBC Premier India. Prior to availing the service you should read, understand and accept the terms and conditions of the said services by Aspire Lifestyles and proceed only if you agree to abide by the same. HSBC India only facilitates and directs you to the Aspire Lifestyles for fulfilment of your requirements. The Concierge Unique Code is unique to you and not to be shared with anyone else. Any disclosure of information made by you with Aspire Lifestyles is at your sole discretion and HSBC India will not be responsible for the same nor the usage thereto by Aspire Lifestyles. All disputes with regard to the bookings should be directed by you to Aspire Lifestyles."},"beyond-assistance-app":{"name":"beyond-assistance-app","anchor":"beyond-assistance-app","html":"Offers are subject to HSBC Egypt terms and conditions. Visit www.hsbc.com.eg for updates. Terms and conditions apply."},"competitiverates":{"name":"competitiverates","anchor":"competitiverates","html":"We cannot guarantee that the exchange rates offered by HSBC UAE will be better than those offered by other financial institutions at the time of transfer."},"gma-phone-number-payments":{"name":"gma-phone-number-payments","anchor":"gma-phone-number-payments","html":"This capability is part of the optional Payment Network feature. To receive funds into a Global Money Account via the Payment Network, the intended beneficiary must also be a holder of a Global Money Account and have opted into the Payment Network.
\nThe Payment Network is an optional, consent-based feature that you may choose to register for. It allows users holding a Global Money Account to search for other customers who have registered for the Payment Network using their mobile phone number in order to make multi-currency payments directly to them.
\n"},"chinese-yuan-global-money":{"name":"chinese-yuan-global-money","anchor":"chinese-yuan-global-money","html":"CNY is treated as an unsupported currency when purchasing using a Global Money Debit Card. This means if you have funds in your Global Money CNY wallet, it will not be debited during the card transaction, but will instead pull money if any, from the Global Money AED wallet."},"gma-hsbc-transfers":{"name":"gma-hsbc-transfers","anchor":"gma-hsbc-transfers","html":"For an international transfer to someone else within HSBC, the payee should be an individual account holder and registered for online banking in the receiving country."},"gvgt-exchangerates":{"name":"gvgt-exchangerates","anchor":"gvgt-exchangerates","html":"Live foreign exchange rates are refreshed every 60 seconds in the mobile app, every 90 seconds in branch and in online banking and every 120 seconds in Global Transfers during international weekdays (Monday to Friday). On international weekends (Saturday and Sunday), or when the currency markets are closed, live foreign exchange rates are not available and rates will remain unchanged until the next international working day. Terms and conditions apply."},"gvgt-transfers":{"name":"gvgt-transfers","anchor":"gvgt-transfers","html":"Global Transfers is only available for Private Bank, Premier and Advance customers. Global Transfers are effected instantly (typically within 6 seconds from submitting the required information) for supported currencies. Exceptionally, in circumstances outside of our control, it may not be possible to effect your transfer through Global Transfers, in which case you should contact us or use another way to complete your transfer. Terms and conditions apply."},"nri-accounts":{"name":"nri-accounts","anchor":"nri-accounts","html":"You'll need to maintain accounts in both countries to be eligible for some of these benefits. If you close one of your accounts, you will lose some benefits."},"gma-fx-rates":{"name":"gma-fx-rates","anchor":"gma-fx-rates","html":"We draw on a combination of factors to provide Global Money Account users with competitive conversion rates, quoted to you at the time of making the transfer. You’ll receive the HSBC Exchange Rate before you complete a transaction. This rate refreshes every 60 seconds to align to market exchange rates. The HSBC Exchange Rate includes the HSBC cost rate and a foreign currency conversion margin."},"transferfee":{"name":"transferfee","anchor":"transferfee","html":"Payments within HSBC will have no fees. Payments made in the HSBC UAE app outside HSBC, if sent in the local currency of the destination country, will have no HSBC fees. Payments outside HSBC not sent in the local currency of the destination country will incur an HSBC fee of 75 per transaction + 5% VAT (78.75 per transaction inclusive of VAT) for Premier, Advance and Personal Banking customers. For example, an international transfer made in the HSBC UAE app sent to a non-HSBC account in Oman in USD, will incur an HSBC fee. If the transfer is sent in OMR to a non-HSBC account, there will be no HSBC fee. Please refer to our Schedule of Services and Tariffs (PDF).\nFor international payments outside HSBC, correspondent and receiving banks may charge additional fees when they process the transactions."},"footnote-1":{"name":"footnote-1","anchor":"footnote-1","html":"https://www.worldnomads.com/explore/middle-east/united-arab-emirates/united-arab-emirates-its-really-really-hot/"},"global-money-debit-card-fees":{"name":"global-money-debit-card-fees","anchor":"global-money-debit-card-fees","html":"You can withdraw money from any ATM that supports Visa around the world. It doesn't have to be an HSBC ATM. HSBC UAE won't charge you a transaction fee, but some overseas ATM operators including other HSBC entities might levy surcharges. These may be displayed on the screen when you make the withdrawal."},"global-money-account":{"name":"global-money-account","anchor":"global-money-account","html":"Global Money transfers can only be made between eligible HSBC and non-HSBC accounts in participating countries/territories, and are subject to the availability of supported currencies."},"footnote-2":{"name":"footnote-2","anchor":"footnote-2","html":"https://www.internations.org/go/moving-to-the-uae"},"ssglobalmoney":{"name":"ssglobalmoney","anchor":"ssglobalmoney","html":"Transaction must be made to a non-HSBC account, outside of the UAE, during the offer period."},"rsa-article-reference":{"name":"rsa-article-reference","anchor":"rsa-article-reference","html":"Source, RSA Social Brain Centre, The Power of Curiosity, 2012 PDF, EN"},"callback":{"name":"callback","anchor":"callback","html":"We'll get back to you during working hours, Monday to Friday, 09:00 to 16:30. If you contact us outside these times, we aim to get back to you on the next working day. We may record calls to help improve our service to you."},"ssinvestments":{"name":"ssinvestments","anchor":"ssinvestments","html":"A minimum investment of USD 100,000 (or other currency equivalent) into one or more investment funds or a minimum of USD 200,000 (or other currency equivalent) into one or more fixed income products."},"ssgeneral":{"name":"ssgeneral","anchor":"ssgeneral","html":"New to Bank Customer Offer and Relationship Offer Terms & Conditions apply. Offer valid from 16 January to 30 April 2023 (both days inclusive)."},"fx-currency-transfer-money-warning":{"name":"fx-currency-transfer-money-warning","anchor":"fx-currency-transfer-money-warning","html":"HSBC to HSBC Payment (instant international payments within HSBC) services is the lowest cost option to transfer money inside the HSBC for supported currencies. We cannot guarantee that the exchange rates offered by HSBC UAE will be better than those offered by other financial institutions at the time of transfer."},"fx-currency-reference-rate-warning":{"name":"fx-currency-reference-rate-warning","anchor":"fx-currency-reference-rate-warning","html":"The HSBC exchange rate is the reference rate of exchange between currencies offered by HSBC. This rate includes the HSBC cost rate and a foreign currency conversion margin."},"pensions-and-end-of-service-benefits":{"name":"pensions-and-end-of-service-benefits","anchor":"pensions-and-end-of-service-benefits","html":"https://u.ae/en/information-and-services/jobs/working-in-uae-government-sector/pensions-and-end-of-service-benefits"},"plan-your-retirement":{"name":"plan-your-retirement","anchor":"plan-your-retirement","html":"https://www.visitdubai.com/en/retire-in-dubai/plan-your-retirement"},"visainternational":{"name":"visainternational","anchor":"visainternational","html":"Offered by Visa International and subject to their terms and conditions. Visit ae.visamiddleeast.com for the latest updates on card benefits. The benefits and features set out are as current as the date they appear in our document. However, they may be subject to change at any time in accordance with the applicable product terms and conditions."},"purchaseprotectionadvance":{"name":"purchaseprotectionadvance","anchor":"purchaseprotectionadvance","html":"In case of damage, you'll either get a new item or a refund for the full value of the item as shown on the receipt.
\nMastercard does not undertake any insurance business, or act as an insurer, insurance broker, insurance advisor or insurance agent. AIG (or their authorized local representative), and not Mastercard, provides the relevant insurance benefits. Mastercard does not advise any person on the merits of buying, selling, subscribing for, or underwriting a contract of insurance. The insurance programme is conducted as a necessary part of other services provided by Mastercard in the course of its business. Aside from fees related to its services provided pursuant to this benefits programme, Mastercard does not collect a fee or other remuneration collected for this insurance programme directly from Mastercard cardholders.
\n"},"premiereligibility":{"name":"premiereligibility","anchor":"premiereligibility","html":"If you do not meet the Premier or Advance eligibility requirements, we reserve the right, at our discretion, to charge you a service fee up to the point we convert your account into a Personal Banking account. Terms and conditions apply."},"cashplusannualfeewaiver":{"name":"cashplusannualfeewaiver","anchor":"cashplusannualfeewaiver","html":"Your Cash+ annual fee will be waived for the first year if your application is approved on or before 31 December 2026. After the first year and every year after that, your annual fee will be waived if you spend at least AED 24,000 in the previous 12 months. If you don't meet the minimum spend, you'll be charged an annual fee of AED 1,000 (AED 1,050 inclusive of VAT) in the 13th month. Please refer to the latest Schedule of Services and Tariffs (PDF) for full details. Credit Cards Annual Fee Waiver Campaign Terms and Conditions"},"aproverduepayments":{"name":"aproverduepayments","anchor":"aproverduepayments","html":"For overdue payments, this will increase by up to 1% a month, equivalent to 12% over 12 months (and 0.5% a month, equivalent to 6% over 12 months, for HSBC Black, Private Bank Credit Card and HSBC Premier MasterCard). The original Finance Charge rates will be reinstated when the cardholder is no longer overdue from the next statement date. A Collection Agency Fee will be charged to the cardholder’s account when the Bank appoints an external Collection Agency to follow up on the outstanding payment."},"nofeecashwithdrawal":{"name":"nofeecashwithdrawal","anchor":"nofeecashwithdrawal","html":"We won't charge you for each cash withdrawal or advance as set out in the Schedule of Services and Tariffs (PDF,1.6MB) However, the no interest period does not apply for cash withdrawal or advance transactions, and interest is calculated from the date the transaction is made."},"nofeeovercreditlimit":{"name":"nofeeovercreditlimit","anchor":"nofeeovercreditlimit","html":"Generally, you may not exceed your credit limit. However in some cases, your credit limit may be exceeded by your outstanding balance due to interest charges and fees, authorised transactions that go over your credit limit or any other valid reason."},"zerointerest":{"name":"zerointerest","anchor":"zerointerest","html":"To benefit from the 3 months no fee period, you must make the minimum payment by the due date. Otherwise, the applicable interest rate as set out in our Schedule of Services and Tariffs (PDF, 1.6MB) will apply. The 3 months no interest period is only available for new HSBC credit cardholders."},"google-pay":{"name":"google-pay","anchor":"google-pay","html":"See the Google Pay support page for compatible information."},"samsung-pay":{"name":"samsung-pay","anchor":"samsung-pay","html":"Only compatible with Samsung Galaxy Phones. See the Samsung Pay support page for more information."},"maxrewardsannualfeewaiver":{"name":"maxrewardsannualfeewaiver","anchor":"maxrewardsannualfeewaiver","html":"Your Max Rewards annual fee will be waived for the first year if your application is approved on or before 30 June 2026. After the first year and every year after that, your annual fee will be waived if you spend at least AED 12,000 in the previous 12 months. If you don't meet the minimum spend, you'll be charged an annual fee of AED 600 (AED 630 inclusive of VAT) in the 13th month. Please refer to the latest Schedule of Services and Tariffs (PDF) for full details. Credit Cards Annual Fee Waiver Campaign Terms and Conditions"},"mangroves":{"name":"mangroves","anchor":"mangroves","html":"Estimating Global “Blue Carbon” Emissions from conversion and degradation of vegetated coastal ecosystems. PLoS ONE 7(9):1–77."},"soleilminimumspend":{"name":"soleilminimumspend","anchor":"soleilminimumspend","html":"This benefit is only complimentary if you spend at least AED 6,000 on your HSBC Max Rewards Credit Card during the Entertainer soleil booking calendar month. You'll be charged the monthly HSBC ENTERTAINER soleil membership fee AED 272 (inclusive of VAT 285.60) for every month you use the benefit without meeting the minimum spend. Minimum spend required to qualify for the complimentary benefit includes the total spend made by the primary and supplementary cardholder(s). Your HSBC Soleil membership will be deactivated due to inactivity if not used for 3 months. This complimentary benefit is only for HSBC Max Rewards primary credit cardholder. HSBC ENTERTAINER Terms of Use and HSBC Max Rewards Credit Card Terms and Conditions apply."},"cinemadiscountminspend":{"name":"cinemadiscountminspend","anchor":"cinemadiscountminspend","html":"The Cinema Buy 1 get 1 offer is only at Vox, Reel and Roxy Cinemas in the UAE when you book online. You'll need to spend at least 6,000 on your applicable card during the calendar month you book your tickets. If you don't meet the minimum spend, you'll be charged the cost of the free ticket. Qualifying spend includes primary and supplementary cardholders. VOX Cinema Terms and Conditions, REEL Cinema Terms and Conditions and ROXY Cinemas Terms and Conditions apply."},"airportloungeaccess":{"name":"airportloungeaccess","anchor":"airportloungeaccess","html":"To be eligible for the 12 complimentary visits, you must complete at least one international purchase with your card for a minimum value of USD 1. This doesn't apply to the first lounge visit in the year, but later visits will be charged to your card if the condition isn't met. Any visits beyond the 12 complimentary visits will be charged to your card. You’ll need the Visa Airport Companion app to access your airport lounge benefits. Download it from your app store today."},"cashbackannualfeewaiver":{"name":"cashbackannualfeewaiver","anchor":"cashbackannualfeewaiver","html":"Your Live+ annual fee will be waived for the first year if your application is approved on or before 31 December 2026. After the first year and every year after that, your annual fee will be waived if you spend at least 12,000 in the previous 12 months. If you don't meet the minimum spend, you'll be charged an annual fee of 299 (313.95 inclusive of VAT) in the 13th month. Please refer to the latest Schedule of Services and Tariffs for full details. Credit Cards Annual Fee Waiver Campaign Terms and Conditions"},"worldeliteconcierge":{"name":"worldeliteconcierge","anchor":"worldeliteconcierge","html":"Offered by Mastercard and subject to their terms and conditions. Visit mastercard for latest updates on world elite card benefits. The benefits and features set out are current as at the date they appear in our document. However, they may be subject to change at any time in accordance with the applicable product terms and conditions."},"creditcardfeatures":{"name":"creditcardfeatures","anchor":"creditcardfeatures","html":"We've described the benefits and features of this card on this page. However, we may change these at any time at our discretion. We'll try and let you know about any changes, either before the change or shortly afterwards."},"doublerewards":{"name":"doublerewards","anchor":"doublerewards","html":"Earn double rewards on dining when you spend over AED 3,000 a month, double rewards on entertainment, fitness and sports when you spend over AED 6,000, and on foreign currency, lifestyle shopping (as defined by Visa) and travel when you spend over AED 9,000."},"toll-free-8004447772-in-country":{"name":"toll-free-8004447772-in-country","anchor":"toll-free-8004447772-in-country","html":"+9714 3216834"},"toll-free-8004525-out-country":{"name":"toll-free-8004525-out-country","anchor":"toll-free-8004525-out-country","html":"+9714 2274310"},"toll-free-8004447776-in-country":{"name":"toll-free-8004447776-in-country","anchor":"toll-free-8004447776-in-country","html":"600554722"},"toll-free-8004525-in-country":{"name":"toll-free-8004525-in-country","anchor":"toll-free-8004525-in-country","html":"+9714 2274310"},"toll-free-8002273746-in-country":{"name":"toll-free-8002273746-in-country","anchor":"toll-free-8002273746-in-country","html":"+9714 3544579"},"toll-free-8004420-out-country":{"name":"toll-free-8004420-out-country","anchor":"toll-free-8004420-out-country","html":"+9714 2288007 (outside UAE)"},"toll-free-8002273746-out-country":{"name":"toll-free-8002273746-out-country","anchor":"toll-free-8002273746-out-country","html":"+9714 3544579"},"toll-free-80056267-in-country":{"name":"toll-free-80056267-in-country","anchor":"toll-free-80056267-in-country","html":"+9714 3314496"},"toll-free-8004447776-out-country":{"name":"toll-free-8004447776-out-country","anchor":"toll-free-8004447776-out-country","html":"+9714-2288007"},"toll-free-80056267-out-country":{"name":"toll-free-80056267-out-country","anchor":"toll-free-80056267-out-country","html":"+9714 3314496"},"toll-free-8004447773-out-country":{"name":"toll-free-8004447773-out-country","anchor":"toll-free-8004447773-out-country","html":"+9714 2241000"},"toll-free-8004447772-in-and-out-country":{"name":"toll-free-8004447772-in-and-out-country","anchor":"toll-free-8004447772-in-and-out-country","html":"+9714 3216834"},"toll-free-8004420-in-country":{"name":"toll-free-8004420-in-country","anchor":"toll-free-8004420-in-country","html":"600554722"},"toll-free-8004447772-out-country":{"name":"toll-free-8004447772-out-country","anchor":"toll-free-8004447772-out-country","html":"+9714 3216834"},"toll-free-8004447773-in-country":{"name":"toll-free-8004447773-in-country","anchor":"toll-free-8004447773-in-country","html":"8004320"},"sscards":{"name":"sscards","anchor":"sscards","html":"Applicable for new primary credit card customers only. Subject to making a minimum of AED 8,000 of eligible spends during the first 60 days of the credit card account opening date."},"articledisclaimer":{"name":"articledisclaimer","anchor":"articledisclaimer","html":"This article provides general information about mortgages. HSBC UAE may not offer all the products or options mentioned. This article should not be relied upon as financial advice."},"transferfeechargetype":{"name":"transferfeechargetype","anchor":"transferfeechargetype","html":"If charge type "all charges to be paid from my account" is selected, the corresponding bank will not deduct any of its charges from the remittance amount and there will be no money transfer fee by HSBC UAE for transfers of Indian Rupee to India, Pakistani Rupee to Pakistan, Egyptian Pound to Egypt and Philippine Peso to the Philippines. There may still be correspondent bank charges payable by you. Our Schedule of Services and Tariffs, as amended from time to time, will apply."},"gm-transfers":{"name":"gm-transfers","anchor":"gm-transfers","html":"Instant transfers can only be made between HSBC accounts in participating countries/territories.
\nTransfers can be made between eligible HSBC and non-HSBC accounts worldwide in participating countries/territories, subject to the availability of supported currencies.
\nBy 'instant', we mean within 6 seconds. Transfers to non-HSBC accounts may take longer.
\n"},"premier-travel-insurance":{"name":"premier-travel-insurance","anchor":"premier-travel-insurance","html":"As an HSBC Premier Mastercard Credit Card holder, complimentary travel medical insurance and travel inconvenience Insurance are available to you for trips abroad, provided you have purchased return airline tickets, before departure, using your HSBC Premier Mastercard Credit Card.
\nTravel medical insurance: medical cover including personal accident, emergency medical evacuation and repatriation, medical emergency expenses and daily in-hospital cash benefit.
\nTravel inconvenience insurance: get compensation if things go wrong when you travel abroad, like delayed or lost bags, delayed or cancelled flights and more.
\nIf you have Schengen or other visa requirements, you can generate a Travel Insurance Confirmation letter online quickly and easily.
\nThis travel insurance is provided by Mastercard. Mastercard Travel Insurance Policy Terms and Conditions (PDF) apply. Find out more at mcpeaceofmind.com.
\n"},"sustainability-and-conservation-washrooms-and-faucets":{"name":"sustainability and conservation – washrooms and faucets","anchor":"sustainability-and-conservation-washrooms-and-faucets","html":"Dubai Electricity & Water Authority (DEWA): Sustainability and conservation – washrooms and faucets"},"supreme-council-of-energy":{"name":"supreme council of energy","anchor":"supreme-council-of-energy","html":"Supreme Council of Energy: My energy responsibility"},"dubai-electricity-water-authority":{"name":"dubai electricity water authority","anchor":"dubai-electricity-water-authority","html":"Dubai Electricity & Water Authority (DEWA): Sustainability and conservation – cooling"},"all-transfer-timings-are-approximate":{"name":"All transfer timings are approximate","anchor":"all-transfer-timings-are-approximate","html":"All transfer timings are approximate, and subject to security checks."},"premieradvancecashback-may23":{"name":"premieradvancecashback-may23","anchor":"premieradvancecashback-may23","html":"You must apply for and open a new HSBC Premier or Advance Account during the Offer Period and fund the new account or transfer your salary in accordance with the Eligibility Criteria before 30 July 2024, as well as continuing to meet the criteria for at least 6 consecutive months. This Offer is not available to Personal Banking and Flexi Account customers."},"referfriend":{"name":"referfriend","anchor":"referfriend","html":"You'll receive AED 2,000 when you refer a Premier customer who funds their account with AED 500,000. You'll have to have been a current HSBC UAE banking customer for at least a month. You can refer up to 8 people every calendar quarter.
\nYour friend or relative must fund their account within the first month of their account opening date and maintain the balance for 4 consecutive months.
\n"},"overdraft":{"name":"overdraft","anchor":"overdraft","html":"Upon request, subject to credit eligibility and satisfactory Credit Bureau check."},"familyaccountcashback":{"name":"familyaccountcashback","anchor":"familyaccountcashback","html":"Only one cashback reward will be given during the offer period, no matter how many Family Accounts you open. Your cashback will be automatically credited to the primary Premier account holder. You’ll receive your cashback within 90 days of maintaining the minimum balance in the account for 2 consecutive months. If the account is for your spouse, they must download and activate the HSBC Mobile Banking app during the offer period in order for you to receive your cashback."},"supportedcurrencies":{"name":"supportedcurrencies","anchor":"supportedcurrencies","html":"Customers can send money in 26 currencies (if configured in credit country/region):
\nUAE Dirham (AED), Australian Dollar (AUD), Bahraini Dinar (BHD), Canadian Dollar (CAD), Swiss Franc (CHF), Chinese Yuan (CNY), Czech Koruna (CZK), Danish Krone (DKK), Euro (EUR), Pound Sterling (GBP), Hong Kong Dollar (HKD), Indian Rupee (INR), Japanese Yen (JPY), Kuwaiti Dinar (KWD), Mexican Peso (MXN), Norwegian Krone (NOK), New Zealand Dollar (NZD), Omani Rial (OMR), Polish Zloty (PLN), Qatari Riyal (QAR), Saudi Riyal (SAR), Swedish Krona (SEK), Singapore Dollar (SGD), Thai Bhat (THB), US Dollar (USD), South African Rand (ZAR)
\nCustomers can receive a transfer in 12 currencies:
\nUAE Dirham (AED), Swiss Franc (CHF), Pound Sterling (GBP), Kuwaiti Dinar (KWD), Australian Dollar (AUD), Hong Kong Dollar (HKD), Singapore Dollar (SGD), Canadian Dollar (CAD), Euro (EUR), Japanese Yen (JPY), US Dollar (USD), Chinese Yuan (CNY)
\nParticipating countries and regions are:
\nAustralia, Bahrain, Bermuda, Channel Islands and Isle of Man, China, Egypt, Hong Kong SAR, India, Indonesia, Philippines, Jersey, Malaysia, Malta, Mexico, Qatar, Singapore, Sri Lanka, Taiwan, UAE, UK, US and Vietnam.
\n"},"aprflexi":{"name":"aprflexi","anchor":"aprflexi","html":"All quoted fixed interest rates are Annual Equivalent Rates. This is a notional rate, which illustrates what the credit interest will be if interest were paid for a full calendar year. For Flexi accounts interest is calculated on daily closing balance and paid monthly. The interest will accrue for each calendar day in a month.
\nInterest on UAE Dirhams are calculated on a 360 day basis.
\n
\nFixed Interest rates are subject to change from time to time at the sole discretion of the Bank. This change will automatically reflect on your Flexi account. We will notify you of any changes to the Fixed interest rate before they happen in line with the Personal Banking Terms and Conditions.
This document or video is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document or video is distributed and/or made available by HSBC Bank (China) Company Limited, HSBC Bank (Singapore) Limited, HSBC Bank Middle East Limited (UAE), HSBC UK Bank Plc, HSBC Bank Malaysia Berhad (198401015221 (127776-V))/HSBC Amanah Malaysia Berhad (20080100642 1 (807705-X)), HSBC Bank (Taiwan) Limited, HSBC Bank plc, Jersey Branch, HSBC Bank plc, Guernsey Branch, HSBC Bank plc in the Isle of Man, HSBC Continental Europe, Greece, The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India), HSBC Bank (Vietnam) Limited, PT Bank HSBC Indonesia (HBID), HSBC Bank (Uruguay) S.A. (HSBC Uruguay is authorised and oversought by Banco Central del Uruguay), The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch, HSBC Investment and Insurance Brokerage, Philippines Inc, HSBC Insurance Brokerage Company Limited, HSBC Mexico, S.A. Multiple Banking Institution HSBC Financial Group (collectively, the “Distributors”) and HSBC Bank Middle East Limited Qatar Branch, P.O. Box 57, Doha, Qatar (regulated by Qatar Central Bank for the purpose of this promotion and lead regulated by the Dubai Financial Services Authority) to their respective clients. This document or video is for general circulation and information purposes only.
\nThe contents of this document or video may not be reproduced or further distributed to any person or entity, whether in whole or in part, for any purpose. This document or video must not be distributed in any jurisdiction where its distribution is unlawful. All non-authorised reproduction or use of this document or video will be the responsibility of the user and may lead to legal proceedings. The material contained in this document or video is for general information purposes only and does not constitute investment research or advice or a recommendation to buy or sell investments. Some of the statements contained in this document or video may be considered forward looking statements which provide current expectations or forecasts of future events. Such forward looking statements are not guarantees of future performance or events and involve risks and uncertainties. Actual results may differ materially from those described in such forward-looking statements as a result of various factors. HBAP and the Distributors do not undertake any obligation to update the forward-looking statements contained herein, or to update the reasons why actual results could differ from those projected in the forward-looking statements. This document or video has no contractual value and is not by any means intended as a solicitation, nor a recommendation for the purchase or sale of any financial instrument in any jurisdiction in which such an offer is not lawful. The views and opinions expressed are based on the HSBC Global Investment Committee at the time of preparation and are subject to change at any time. These views may not necessarily indicate HSBC Asset Management‘s current portfolios’ composition. Individual portfolios managed by HSBC Asset Management primarily reflect individual clients’ objectives, risk preferences, time horizon, and market liquidity.
\nThe value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested. Past performance contained in this document or video is not a reliable indicator of future performance whilst any forecasts, projections and simulations contained herein should not be relied upon as an indication of future results. Where overseas investments are held the rate of currency exchange may cause the value of such investments to go down as well as up. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets. Economies in emerging markets generally are heavily dependent upon international trade and, accordingly, have been and may continue to be affected adversely by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade. These economies also have been and may continue to be affected adversely by economic conditions in the countries in which they trade. Investments are subject to market risks, read all investment related documents carefully.
\nThis document or video provides a high-level overview of the recent economic environment and has been prepared for information purposes only. The views presented are those of HBAP and are based on HBAP’s global views and may not necessarily align with the Distributors’ local views. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of its dissemination. It is not intended to provide and should not be relied on for accounting, legal or tax advice. Before you make any investment decision, you may wish to consult an independent financial adviser. In the event that you choose not to seek advice from a financial adviser, you should carefully consider whether the investment product is suitable for you. You are advised to obtain appropriate professional advice where necessary.
\nThe accuracy and/or completeness of any third-party information obtained from sources which we believe to be reliable might have not been independently verified, hence customers must seek several sources prior to making investment decisions.
\nThe following statement is only applicable to HSBC Mexico, S.A. Multiple Banking Institution HSBC Financial Group with regard to how the publication is distributed to its customers: This publication is distributed by Wealth Insights of HSBC México, and its objective is for informational purposes only and should not be interpreted as an offer or invitation to buy or sell any security related to financial instruments, investments or other financial product. This communication is not intended to contain an exhaustive description of the considerations that may be important in making a decision to make any change and/or modification to any product, and what is contained or reflected in this report does not constitute, and is not intended to constitute, nor should it be construed as advice, investment advice or a recommendation, offer or solicitation to buy or sell any service, product, security, merchandise, currency or any other asset.
\nReceiving parties should not consider this document as a substitute for their own judgment. The past performance of the securities or financial instruments mentioned herein is not necessarily indicative of future results. All information, as well as prices indicated, are subject to change without prior notice; Wealth Insights of HSBC Mexico is not obliged to update or keep it current or to give any notification in the event that the information presented here undergoes any update or change. The securities and investment products described herein may not be suitable for sale in all jurisdictions or may not be suitable for some categories of investors.
\nThe information contained in this communication is derived from a variety of sources deemed reliable; however, its accuracy or completeness cannot be guaranteed. HSBC México will not be responsible for any loss or damage of any kind that may arise from transmission errors, inaccuracies, omissions, changes in market factors or conditions, or any other circumstance beyond the control of HSBC. Different HSBC legal entities may carry out distribution of Wealth Insights internationally in accordance with local regulatory requirements.
\nImportant Information about the Hongkong and Shanghai Banking Corporation Limited, India (“HSBC India”): HSBC India is a branch of The Hongkong and Shanghai Banking Corporation Limited. HSBC India does not distribute or refer investment products to those persons who are either the citizens or residents of United States of America (USA), Canada or any other jurisdiction where such distribution or referral would be contrary to law or regulation.
\nHSBC India is an AMFI-registered Mutual Fund Distributor and an AMFI-registered Specialized Investment Fund (SIF) Distributor. HSBC India distributes select mutual fund schemes and SIF strategies of empaneled Asset Management Companies, and acts as a referrer of other third-party investment products. Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. AMFI-registered Mutual Fund Distributor | Date of Initial Registration: 19 Feb 2002 | ARN-0022 I Validity of ARN: 18 Feb 2027. AMFI-registered SIF Distributor I Date of initial registration: 27 Oct 2025 | ARN-0022 I Validity of ARN: 26 Oct 2028.
\nHSBC India will receive commission from HSBC Asset Management (India) Private Limited, in its capacity as a AMFI registered mutual fund distributor of HSBC Mutual Fund. The Sponsor of HSBC Mutual Fund is HSBC Securities and Capital Markets (India) Private Limited (HSCI), a member of the HSBC Group. Please note that HSBC India and the Sponsor being part of the HSBC Group, may give rise to real, perceived, or potential conflicts of interest. HSBC India has a policy in place to identify, prevent and manage such conflict of interest. For more information related to investments in the securities market, please visit the SEBI Investor Website: https://investor.sebi.gov.in/ and the SEBI Saa₹thi Mobile App.
\nThe following statement is only applicable to HSBC Bank (Taiwan) Limited with regard to how the publication is distributed to its customers: HSBC Bank (Taiwan) Limited (“the Bank”) shall fulfill the fiduciary duty act as a reasonable person once in exercising offering/conducting ordinary care in offering trust services/ business. However, the Bank disclaims any guarantee on the management or operation performance of the trust business.
\nThe following statement is only applicable to PT Bank HSBC Indonesia (“HBID”): HBID is licensed and supervised by Indonesia Financial Services Authority (“OJK”). Investment products that are offered in HBID are third party products, HBID is a selling agent for third party products such as Mutual Funds and Bonds. HBID and HSBC Group (HSBC Holdings Plc and its subsidiaries and associates company or any of its branches) do not guarantee the underlying investment, principal or return on customer’s investment. You must read and understand the investment policy of each investment product to see if a product contains ESG and sustainability elements and is classified as an ESG and sustainable investment. Investment in Mutual Funds and Bonds are not covered by the deposit insurance program of the Indonesian Deposit Insurance Corporation (“LPS”).
\nImportant information on ESG and sustainable investing
\nToday we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit www.hsbc.com/sustainability.
\nIn broad terms “ESG and sustainable investing” products include investment approaches or instruments which consider environmental, social, governance and/or other sustainability factors to varying degrees. Certain instruments we classify as sustainable may be in the process of changing to deliver sustainability outcomes. There is no guarantee that ESG and Sustainable investing products will produce returns similar to those which don’t consider these factors. ESG and Sustainable investing products may diverge from traditional market benchmarks. In addition, there is no standard definition of, or measurement criteria for, ESG and Sustainable investing or the impact of ESG and Sustainable investing products. ESG and Sustainable investing and related impact measurement criteria are (a) highly subjective and (b) may vary significantly across and within sectors.
HSBC may rely on measurement criteria devised and reported by third party providers or issuers. HSBC does not always conduct its own specific due diligence in relation to measurement criteria. There is no guarantee: (a) that the nature of the ESG / sustainability impact or measurement criteria of an investment will be aligned with any particular investor’s sustainability goals; or (b) that the stated level or target level of ESG / sustainability impact will be achieved. ESG and Sustainable investing is an evolving area and new regulations are being developed which will affect how investments can be categorised or labelled. An investment which is considered to fulfil sustainable criteria today may not meet those criteria at some point in the future.
\nTHE CONTENTS OF THIS DOCUMENT OR VIDEO HAVE NOT BEEN REVIEWED BY ANY REGULATORY AUTHORITY IN HONG KONG OR ANY OTHER JURISDICTION.\nYOU ARE ADVISED TO EXERCISE CAUTION IN RELATION TO THE INVESTMENT AND THIS DOCUMENT OR VIDEO. IF YOU ARE IN DOUBT ABOUT ANY OF THE CONTENTS OF THIS DOCUMENT OR VIDEO, YOU SHOULD OBTAIN INDEPENDENT PROFESSIONAL ADVICE.
\n© Copyright 2026. The Hongkong and Shanghai Banking Corporation Limited, ALL RIGHTS RESERVED.
\nNo part of this document or video may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of The Hongkong and Shanghai Banking Corporation Limited.
\n"},"morning-coffee-5":{"name":"morning-coffee-5","anchor":"morning-coffee-5","html":"Agronomy Journal, Irrigation and intercropping with macadamia increase initial Arabica coffee yield and profitability, 1 March 2015"},"morning-coffee-13":{"name":"morning-coffee-13","anchor":"morning-coffee-13","html":"‘Where can you find the world’s most sustainable coffee? In a lab in Finland, of course...’, World Economic Forum, 20 October 2021"},"morning-coffee-2":{"name":"morning-coffee-2","anchor":"morning-coffee-2","html":"PLOS One, expected global suitability of coffee, cashew and avocado due to climate change, 26 June 2022"},"fx-disclaiemer-2024":{"name":"FX Disclaimer 2024","anchor":"fx-disclaimer-2024","html":"This document is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document is for general circulation and information purposes only. This document is not prepared with any particular customers or purposes in mind and does not take into account any investment objectives, financial situation or personal circumstances or needs of any particular customer. HBAP has prepared this document based on publicly available information at the time of preparation from sources it believes to be reliable but it has not independently verified such information. The contents of this document are subject to change without notice.
\nHBAP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document. HBAP gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document.
\nThis document is not investment advice or recommendation nor is it intended to sell investments or services or solicit purchases or subscriptions for them. You SHOULD NOT use or rely on this document in making any investment decision or decision to buy or sell currency. HBAP is not responsible for such use or reliance by you. You SHOULD consult your professional advisor in your jurisdiction if you have any questions regarding the contents of this document.
\nYou SHOULD NOT reproduce or further distribute the contents of this document to any person or entity, whether in whole or in part, for any purpose. This document may not be distributed to the US, Canada or Australia or any other jurisdiction where its distribution is unlawful.
\nJersey
\nHSBC Expat, a division of HSBC Bank plc, Jersey Branch, has distributed this document to its customers for general reference only. HSBC Expat is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. We give no guarantee as to the accuracy, timeliness or completeness of this document. HSBC Expat will distribute this document to customers, at their request, where we can lawfully do so.
\nMainland China
\nIn mainland China, this document is distributed by HSBC Bank (China) Company Limited (“HBCN”) to its customers for general reference only. This document is not, and is not intended to be, for the purpose of providing securities and futures investment advisory services or financial information services, or promoting or selling any wealth management product. This document provides all content and information solely on an "as-is/as-available" basis. HBCN is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document. You SHOULD consult your own professional adviser if you have any questions regarding this document.
\nHong Kong
\nIn Hong Kong, this document is distributed by HBAP to its customers for general reference only. HBAP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. HBAP gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document.
\nMalaysia
\nIn Malaysia, this document has been prepared by HBAP is issued and distributed by HSBC Bank Malaysia Berhad (127776-V) / HSBC Amanah Malaysia Berhad (807705-X) (the "Bank"). The Bank is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result, of arising from or relating to your use of or reliance on this document.
\nSingapore
\nIn Singapore, this document is distributed by HSBC Bank (Singapore) Limited (“HBSP”) pursuant to Regulation 32C of the Financial Advisers Regulations, to its customers for general reference only. HBSP accepts legal responsibility for the contents of this document, and may be contacted in respect of any matters arising from, or in connection with, this document. Please refer to HBSP’s website at www.hsbc.com.sg for its contact details.
\nTaiwan
\nIn Taiwan, this document is distributed by HSBC Bank (Taiwan) Limited, [13F/14F No 333, section 1 Keelong Rd, Taipei] to its customers for general reference only. HSBC Bank (Taiwan) Limited is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. Clients of HSBC Bank (Taiwan) Limited should contact their relationship manager in respect of any matters arising from or in connection with this document.
\nUnited Arab Emirates
\nIn the UAE, this document is distributed by HSBC Bank Middle East Limited (“HBME”) U.A.E Branch, P.O.Box 66, Dubai, U.A.E, wh ich is regulated by the Central Bank of the U.A.E and lead regulated by the Dubai Financial Services Authority. HBME is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document.
\nMiscellaneous
\nNotwithstanding this document is not investment advice, please be aware of the following for the sake of completeness. Past performance is not an indication of future performance. The value of any investment or income may go down as well as up and you may not get back the full amount invested. When an investment is denominated in a currency other than the local currency of an investor, changes in the exchange rates may have an adverse effect on the value, price or income of that investment. Where there is no recognised market for an investment, it may be difficult for an investor to sell the investment or to obtain reliable information about its value or the extent of the risk associated with it.
\nThis document contains forward-looking statements which are, by their nature, subject to significant risks and uncertainties. Such statements are projections, do not represent any one investment and are used for illustration purpose only. Customers are reminded that there can be no assurance that economic conditions described herein will remain in the future. Actual results may differ materially from the forecasts/estimates. No assurance is given that those expectations reflected in those forward-looking statements will prove to have been correct or come to fruition, and you are cautioned not to place undue reliance on such statements. No obligation is undertaken to publicly update or revise any forward-looking statements contained in this document or any other related document whether as a result of new information, future events or otherwise.
\nThe Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates and their respective officers and/or employees, may have interests in any products referred to in this document by acting in various roles including as distributor, holder of principal positions, adviser or lender. The Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates, and their respective officers and employees, may receive fees, brokerage or commissions for acting in those capacities. In addition, The Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates, and their respective officers and/or employees, may buy or sell products as principal or agent and may effect transactions which are not consistent with the information set out in this document.
\n© Copyright 2024. The Hongkong and Shanghai Banking Corporation Limited, ALL RIGHTS RESERVED. No part of this document may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of The Hongkong and Shanghai Banking Corporation Limited.
\n"},"progressing-esg-adoption-in-asia-3":{"name":"progressing-esg-adoption-in-asia-3","anchor":"progressing-esg-adoption-in-asia-3","html":"LSEG, August 2023"},"morning-coffee-14":{"name":"morning-coffee-14","anchor":"morning-coffee-14","html":"‘Coffee waste: Companies offer up new solutions’, BBC, 22 April 2021"},"morning-coffee-3":{"name":"morning-coffee-3","anchor":"morning-coffee-3","html":"‘The coffee rust crises in Colombia and Central America (2008–2013): impacts, plausible causes and proposed solutions’, J. Avelino et al., Food Sec, 2015"},"morning-coffee-11":{"name":"morning-coffee-11","anchor":"morning-coffee-11","html":"‘Coffee waste: Companies offer up new solutions’, BBC, 22 April 2021"},"fx-viewpoint-01-1":{"name":"Bloomberg prices and news","anchor":"bloomberg-prices-and-news","html":"This report uses Bloomberg prices and news (unless otherwise specified)."},"progressing-esg-adoption-in-asia-6":{"name":"progressing-esg-adoption-in-asia-6","anchor":"progressing-esg-adoption-in-asia-6","html":"World Bank, June 2023."},"progressing-esg-adoption-in-asia-1":{"name":"progressing-esg-adoption-in-asia-1","anchor":"progressing-esg-adoption-in-asia-1","html":"Goldman Sachs Global Investment Research, February 2022."},"morning-coffee-12":{"name":"morning-coffee-12","anchor":"morning-coffee-12","html":"‘Explaining the willingness of consumers to bring their own reusable coffee cups under the condition of monetary incentives’, J. L. Nicolau et al., Journal of Retailing and Consumer Services, 2022"},"fx-disclaimer-2024":{"name":"FX Disclaimer 2026","anchor":"fx-disclaimer-2026","html":"This document is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document is for general circulation and information purposes only. This document is not prepared with any particular customers or purposes in mind and does not take into account any investment objectives, financial situation or personal circumstances or needs of any particular customer.HBAP has prepared this document based on publicly available information at the time of preparation from sources it believes to be reliable but it has not independently verified such information. The contents of this document are subject to change without notice.
\nThis document is not investment advice or recommendation nor is it intended to sell investments or services or solicit purchases or subscriptions for them. You SHOULD NOT use or rely on this document in making any investment decision or decision to buy or sell currency. HBAP is not responsible for such use or reliance by you. You SHOULD consult your professional advisor in your jurisdiction if you have any questions regarding the contents of this document.
\nYou SHOULD NOT reproduce or further distribute the contents of this document to any person or entity, whether in whole or in part, for any purpose. This document may not be distributed to the US, or Australia or any other jurisdiction where its distribution is unlawful.
\nJersey, Guernsey and Isle of Man
\nIn Jersey, Guernsey and the Isle of Man, this document is distributed to its customers for general reference only by HSBC Bank plc Jersey branch, HSBC Bank plc Guernsey branch and HSBC Bank plc in the Isle of Man.
\nMainland China
\nIn mainland China, this document is distributed by HSBC Bank (China) Company Limited (“HBCN”) to its customers for general reference only. This document is not, and is not intended to be, for the purpose of providing securities and futures investment advisory services or financial information services, or promoting or selling any wealth management product. This document provides all content and information solely on an "as-is/as-available" basis. You SHOULD consult your own professional adviser if you have any questions regarding this document.\nHong Kong
\nIn Hong Kong, this document is distributed by HBAP to its customers for general reference only. HBAP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. HBAP gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document.
\nIndia
\nIn India, this document is distributed for general reference by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India), having its India corporate office at 52/60, Mahatma Gandhi Road, Fort, Mumbai 400 001. HSBC India is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document. HSBC India gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document and clients should contact their relationship manager in respect of any clarifications arising from or in connection with this document.
\nImportant Information about the Hongkong and Shanghai Banking Corporation Limited, India (“HSBC India”)
\nHSBC India is a branch of The Hongkong and Shanghai Banking Corporation Limited. HSBC India does not distribute or refer investment products to those persons who are either the citizens or residents of United States of America (USA), Canada or any other jurisdiction where such distribution or referral would be contrary to law or regulation.
\nHSBC India is an AMFI-registered Mutual Fund Distributor and an AMFI-registered Specialized Investment Fund (SIF) Distributor. HSBC India distributes select mutual fund schemes and SIF strategies of empanelled Asset Management Companies, and acts as a referrer of other third-party investment products.\nMutual Fund investments are subject to market risks, read all scheme-related documents carefully AMFI-registered Mutual Fund Distributor | Date of Initial Registration: 19th Feb-2002 | ARN-0022 I Validity of ARN: 18th Feb- 2027 AMFI-registered SIF Distributor I Date of initial registration: 27th Oct 2025 | ARN-0022 I Validity of ARN : 26th Oct 2028
\nHSBC India will receive commission from HSBC Asset Management (India) Private Limited, in its capacity as a AMFI registered mutual fund distributor of HSBC Mutual Fund. The Sponsor of HSBC Mutual Fund is HSBC Securities and Capital Markets (India) Private Limited (HSCI), a member of the HSBC Group. Please note that HSBC India and the Sponsor being part of the HSBC Group, may give rise to real, perceived, or potential conflicts of interest. HSBC India has a policy in place to identify, prevent and manage such conflict of interest
\nFor more information related to investments in the securities market, please visit the SEBI Investor Website: https://investor.sebi.gov.in/ and the SEBI Saa₹thi Mobile App.
\nMutual Fund investments are subject to market risks, read all scheme related documents carefully.
\nIssued by The Hongkong and Shanghai Banking Corporation Limited India . Incorporated in Hong Kong SAR with limited liability.
\nMalaysia
\nIn Malaysia, this document has been prepared by HBAP is issued and distributed by HSBC Bank Malaysia Berhad (127776-V) / HSBC Amanah Malaysia Berhad (807705-X) (the "Bank"). The Bank is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as Aa result, of arising from or relating to your use of or reliance on this document.
\nSingapore
\nThis document:
\nTaiwan
\nIn Taiwan, this document is distributed by HSBC Bank (Taiwan) Limited, [54F, No. 7, Sec. 5, Xinyi Road, Xinyi District, Taipei City] to its customers for general reference only. HSBC Bank (Taiwan) Limited is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. Clients of HSBC Bank (Taiwan) Limited should contact their relationship manager in respect of any matters arising from or in connection with this document.
\nUnited Arab Emirates
\nIn the UAE, this document is distributed by HSBC Bank Middle East Limited (“HBME”) U.A.E Branch, P.O.Box 66, Dubai, U.A.E, which is regulated by the Central Bank of the U.A.E and lead regulated by the Dubai Financial Services Authority. HBME is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document.
\nMiscellaneous
\nNotwithstanding this document is not investment advice, please be aware of the following for the sake of completeness. Past performance is not an indication of future performance. The value of any investment or income may go down as well as up and you may not get back the full amount invested. When an investment is denominated in a currency other than the local currency of an investor, changes in the exchange rates may have an adverse effect on the value, price or income of that investment. Where there is no recognised market for an investment, it may be difficult for an investor to sell the investment or to obtain reliable information about its value or the extent of the risk associated with it.
\nThis document contains forward-looking statements which are, by their nature, subject to significant risks and uncertainties. Such statements are projections, do not represent any one investment and are used for illustration purpose only. Customers are reminded that there can be no assurance that economic conditions described herein will remain in the future. Actual results may differ materially from the forecasts/estimates. No assurance is given that those expectations reflected in those forward-looking statements will prove to have been correct or come to fruition, and you are cautioned not to place undue reliance on such statements. No obligation is undertaken to publicly update or revise any forward-looking statements contained in this document or any other related document whether as a result of new information, future events or otherwise.
\nThe Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates and their respective officers and/or employees, may have interests in any products referred to in this document by acting in various roles including as distributor, holder of principal positions, adviser or lender. The Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates, and their respective officers and employees, may receive fees, brokerage or commissions for acting in those capacities. In addition, The Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates, and their respective officers and/or employees, may buy or sell products as principal or agent and may effect transactions which are not consistent with the information set out in this document.
\nShould you wish to use AI technology (computational, statistical, machine-learning or other artificial intelligence techniques to infer or learn from data to find patterns, take actions, make decisions, or generate output) to help you analyse, summarise or evaluate this publication and/or any other research materials provided to you by HSBC, you shall seek HSBC consent in advance of any such use and not upload this publication and/or any other research materials produced by HSBC to an AI system or otherwise use AI technology in connection with the research services HSBC provides to you without our consent.
\n© Copyright 2026, The Hongkong and Shanghai Banking Corporation Limited, ALL RIGHTS RESERVED. No part of this document may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of The Hongkong and Shanghai Banking Corporation Limited.
\n"},"morning-coffee-1":{"name":"morning-coffee 1","anchor":"morning-coffee-1","html":"‘Climate and Coffee’, National Oceanic and Atmospheric Administration (NOAA), 19 June 2015"},"morning-coffee-8":{"name":"morning-coffee-8","anchor":"morning-coffee-8","html":"An environmental and economic sustainability assessment of coffee production in the UK’, P. Gosalvitr et al., Chemical Engineering Journal, 2023"},"morning-coffee-6":{"name":"morning-coffee-6","anchor":"morning-coffee-6","html":"‘What requirements must coffee comply with to be allowed on the European market?’, CBI, 14 December 2022"},"morning-coffee-7":{"name":"morning-coffee-7","anchor":"morning-coffee-7","html":"Fairtrade Foundation"},"biodiversity-and-health-7":{"name":"biodiversity-and-health-7","anchor":"biodiversity-and-health-7","html":"'Connecting Global Priorities: Biodiversity and Human Health: A State of Knowledge Review’, CBD, WHO, UNEP, 2015"},"the-london-school":{"name":"The London School of Economics and Political Science, February 2023","anchor":"the-london-school-of-economics-and-political-science-february-2023","html":"The London School of Economics and Political Science, February 2023"},"biodiversity-and-health-8":{"name":"biodiversity-and-health-8","anchor":"biodiversity-and-health-8","html":"Global Biodiversity Outlook 5 2011-2020, UN Environmental Program, Conventions on Biological diversity"},"learn-to-invest-dis":{"name":"Learn to invest-dis","anchor":"learn-to-invest-dis","html":"WARNING: THE CONTENTS OF THIS DOCUMENT HAVE NOT BEEN REVIEWED BY ANY REGULATORY AUTHORITY IN SINGAPORE OR ANY OTHER JURISDICTION. YOU ARE ADVISED TO EXERCISE CAUTION IN RELATION TO THE INVESTMENT AND THIS DOCUMENT. IF YOU ARE IN DOUBT ABOUT ANY OF THE CONTENTS OF THIS DOCUMENT, YOU SHOULD OBTAIN INDEPENDENT PROFESSIONAL ADVICE.
\nThis document has been issued by HSBC Bank (Singapore) Limited (the "Bank") in the conduct of its business in Singapore and may be distributed in other jurisdictions where its distribution is lawful. It is not intended for anyone other than the recipient. The contents of this document may not be reproduced or further distributed to any person or entity, whether in whole or in part, for any purpose. This document must not be distributed to the United States, Canada or Australia or to any other jurisdiction where its distribution is unlawful. All non-authorized reproduction or use of this document will be the responsibility of the user and may lead to legal proceedings.
\nThis document has no contractual value and is not and should not be construed as an offer or the solicitation of an offer or a recommendation for the purchase or sale of any investment [in any jurisdiction in which such an offer is not lawful] or subscribe for, or to participate in, any services. The Bank is not recommending or soliciting any action based on it.
\nThe information stated and/or opinion(s) expressed in this document are provided by HSBC Global Asset Management (Singapore) Limited. We do not undertake any obligation to issue any further publications to you or update the contents of this document and such contents are subject to changes at any time without notice. They are expressed solely as general market information and/or commentary for general information purposes only and do not constitute investment advice or recommendation to buy or sell investments or guarantee of returns. The Bank has not been involved in the preparation of such information and opinion. The Bank makes no guarantee, representation or warranty and accepts no responsibility for the accuracy and/or completeness of the information and/or opinions contained in this document, including any third party information obtained from sources it believes to be reliable but which has not been independently verified. In no event will the Bank or HSBC Group be liable for any damages, losses or liabilities including without limitation, direct or indirect, special, incidental, consequential damages, losses or liabilities, in connection with your use of this document or your reliance on or use or inability to use the information contained in this document.
\nIn case you have individual portfolios managed by HSBC Global Asset Management Limited, the views expressed in this document may not necessarily indicate current portfolios' composition. Individual portfolios managed by HSBC Global Asset Management Limited primarily reflect individual clients' objectives, risk preferences, time horizon, and market liquidity.
\nThe information contained within this document has not been reviewed in the light of your personal circumstances. Please note that this information is neither intended to aid in decision making for legal, financial or other consulting questions, nor should it be the basis of any investment or other decisions. You should carefully consider whether any investment views and investment products are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. The investment decision is yours but you should not invest in any product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. The relevant product offering documents should be read for further details.
\nSome of the statements contained in this document may be considered forward-looking statements which provide current expectations or forecasts of future events. Such forward looking statements are not guarantees of future performance or events and involve risks and uncertainties. Such statements do not represent any one investment and are used for illustration purpose only. Customers are reminded that there can be no assurance that economic conditions described herein will remain in the future. Actual results may differ materially from those described in such forward-looking statements as a result of various factors. We can give no assurance that those expectations reflected in those forward-looking statements will prove to have been correct or come to fruition, and you are cautioned not to place undue reliance on such statements. We do not undertake any obligation to update the forward-looking statements contained herein, whether as a result of new information, future events or otherwise, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
\nInvestment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become valueless and investors may not get back the amount originally invested. Past performance contained in this document is not a reliable indicator of future performance whilst any forecasts, projections and simulations contained herein should not be relied upon as an indication of future results. Past performance information may be out of date. For up-to-date information, please contact your Relationship Manager.
\nInvestment in any market may be extremely volatile and subject to sudden fluctuations of varying magnitude due to a wide range of direct and indirect influences. Such characteristics can lead to considerable losses being incurred by those exposed to such markets. If an investment is withdrawn or terminated early, it may not return the full amount invested. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavourable fluctuations in currency values, from differences in generally accepted accounting principles or from economic or political instability in certain jurisdictions. Narrowly focused investments and smaller companies typically exhibit higher volatility. There is no guarantee of positive trading performance. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets. Economies in emerging markets generally are heavily dependent upon international trade and, accordingly, have been and may continue to be affected adversely by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade. These economies also have been and may continue to be affected adversely by economic conditions in the countries in which they trade. Mutual fund investments are subject to market risks. You should read all scheme related documents carefully.
\n© Copyright. HSBC Bank (Singapore) Limited (Company Registration No. 201420624K). All rights reserved.
\n"},"biodiversity-and-health-5":{"name":"biodiversity-and-health-5","anchor":"biodiversity-and-health-5","html":"‘Clean water’, Our World in Data, 2019"},"investment-outlook-dis":{"name":"Disclaimer","anchor":"disclaimer","html":"This document or video is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document or video is distributed and/or made available, HSBC Bank (China) Company Limited, HSBC Bank (Singapore) Limited, HSBC Bank Middle East Limited (UAE), HSBC UK Bank Plc, HSBC Bank Malaysia Berhad (198401015221 (127776-V))/HSBC Amanah Malaysia Berhad (20080100642 1 (807705-X)), HSBC Bank (Taiwan) Limited, HSBC Bank plc, Jersey Branch, HSBC Bank plc, Guernsey Branch, HSBC Bank plc in the Isle of Man, HSBC Continental Europe, Greece, The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India), HSBC Bank (Vietnam) Limited, PT Bank HSBC Indonesia (HBID), HSBC Bank (Uruguay) S.A. (HSBC Uruguay is authorised and oversought by Banco Central del Uruguay), HBAP Sri Lanka Branch, The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch, HSBC Investment and Insurance Brokerage, Philippines Inc, HSBC FinTech Services (Shanghai) Company Limited, HSBC Mexico, S.A. Multiple Banking Institution HSBC Financial Group (collectively, the “Distributors”) and HSBC Bank Middle East Limited Qatar Branch, P.O. Box 57, Doha, Qatar (regulated by Qatar Central Bank for the purpose of this promotion and lead regulated by the Dubai Financial Services Authority) to their respective clients This document or video is for general circulation and information purposes only.
\nThe contents of this document or video may not be reproduced or further distributed to any person or entity, whether in whole or in part, for any purpose. This document or video must not be distributed in any jurisdiction where its distribution is unlawful. All non-authorised reproduction or use of this document or video will be the responsibility of the user and may lead to legal proceedings. The material contained in this document or video is for general information purposes only and does not constitute investment research or advice or a recommendation to buy or sell investments. Some of the statements contained in this document or video may be considered forward looking statements which provide current expectations or forecasts of future events. Such forward looking statements are not guarantees of future performance or events and involve risks and uncertainties. Actual results may differ materially from those described in such forward-looking statements as a result of various factors. HBAP and the Distributors do not undertake any obligation to update the forward-looking statements contained herein, or to update the reasons why actual results could differ from those projected in the forward-looking statements. This document or video has no contractual value and is not by any means intended as a solicitation, nor a recommendation for the purchase or sale of any financial instrument in any jurisdiction in which such an offer is not lawful. The views and opinions expressed are based on the HSBC Global Investment Committee at the time of preparation and are subject to change at any time. These views may not necessarily indicate HSBC Asset Management‘s current portfolios’ composition. Individual portfolios managed by HSBC Asset Management primarily reflect individual clients’ objectives, risk preferences, time horizon, and market liquidity.
\nThe value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested. Past performance contained in this document or video is not a reliable indicator of future performance whilst any forecasts, projections and simulations contained herein should not be relied upon as an indication of future results. Where overseas investments are held the rate of currency exchange may cause the value of such investments to go down as well as up. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets. Economies in emerging markets generally are heavily dependent upon international trade and, accordingly, have been and may continue to be affected adversely by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade. These economies also have been and may continue to be affected adversely by economic conditions in the countries in which they trade. Investments are subject to market risks, read all investment related documents carefully.
\nThis document or video provides a high-level overview of the recent economic environment and has been prepared for information purposes only. The views presented are those of HBAP and are based on HBAP’s global views and may not necessarily align with the Distributors’ local views. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of its dissemination. It is not intended to provide and should not be relied on for accounting, legal or tax advice. Before you make any investment decision, you may wish to consult an independent financial adviser. In the event that you choose not to seek advice from a financial adviser, you should carefully consider whether the investment product is suitable for you. You are advised to obtain appropriate professional advice where necessary.
\nThe accuracy and/or completeness of any third-party information obtained from sources which we believe to be reliable might have not been independently verified, hence Customer must seek from several sources prior to making investment decision.
\nThe following statement is only applicable to HSBC Mexico, S.A. Multiple Banking Institution HSBC Financial Group with regard to how the publication is distributed to its customers: This publication is distributed by Wealth Insights of HSBC México, and its objective is for informational purposes only and should not be interpreted as an offer or invitation to buy or sell any security related to financial instruments, investments or other financial product. This communication is not intended to contain an exhaustive description of the considerations that may be important in making a decision to make any change and/or modification to any product, and what is contained or reflected in this report does not constitute, and is not intended to constitute, nor should it be construed as advice, investment advice or a recommendation, offer or solicitation to buy or sell any service, product, security, merchandise, currency or any other asset.
\nReceiving parties should not consider this document as a substitute for their own judgment. The past performance of the securities or financial instruments mentioned herein is not necessarily indicative of future results. All information, as well as prices indicated, are subject to change without prior notice; Wealth Insights of HSBC Mexico is not obliged to update or keep it current or to give any notification in the event that the information presented here undergoes any update or change. The securities and investment products described herein may not be suitable for sale in all jurisdictions or may not be suitable for some categories of investors.
\nThe information contained in this communication is derived from a variety of sources deemed reliable; however, its accuracy or completeness cannot be guaranteed. HSBC México will not be responsible for any loss or damage of any kind that may arise from transmission errors, inaccuracies, omissions, changes in market factors or conditions, or any other circumstance beyond the control of HSBC. Different HSBC legal entities may carry out distribution of Wealth Insights internationally in accordance with local regulatory requirements.
\nImportant Information about the Hongkong and Shanghai Banking Corporation Limited, India (“HSBC India”): HSBC India is a branch of The Hongkong and Shanghai Banking Corporation Limited. HSBC India does not distribute or refer investment products to those persons who are either the citizens or residents of United States of America (USA), Canada or any other jurisdiction where such distribution or referral would be contrary to law or regulation.
\nHSBC India is an AMFI-registered Mutual Fund Distributor of select mutual funds and a referrer of other 3rd party investment products. HSBC India will receive commission from HSBC Asset Management (India) Private Limited, in its capacity as a AMFI registered mutual fund distributor of HSBC Mutual Fund. The Sponsor of HSBC Mutual Fund is HSBC Securities and Capital Markets (India) Private Limited (HSCI), a member of the HSBC Group. Please note that HSBC India and the Sponsor being part of the HSBC Group, may give rise to real, perceived, or potential conflicts of interest. HSBC India has a policy in place to identify, prevent and manage such conflict of interest. For more information related to investments in the securities market, please visit the SEBI Investor Website: https://investor.sebi.gov.in/ and the SEBI Saa₹thi Mobile App. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Issued by The Hongkong and Shanghai Banking Corporation Limited India. Incorporated in Hong Kong SAR with limited liability. HSBC Bank ARN - 0022 with validity from 19-Feb-2024 to 18-Feb-2027. Date of initial registration: 19-Feb-2002.
\nThe following statement is only applicable to HSBC Bank (Taiwan) Limited with regard to how the publication is distributed to its customers: HSBC Bank (Taiwan) Limited (“the Bank”) shall fulfill the fiduciary duty act as a reasonable person once in exercising offering/conducting ordinary care in offering trust services/ business. However, the Bank disclaims any guarantee on the management or operation performance of the trust business.
\nThe following statement is only applicable to PT Bank HSBC Indonesia (“HBID”): HBID is licensed and supervised by Indonesia Financial Services Authority (“OJK”). Investment products that are offered in HBID are third party products, HBID is a selling agent for third party products such as Mutual Funds and Bonds. HBID and HSBC Group (HSBC Holdings Plc and its subsidiaries and associates company or any of its branches) do not guarantee the underlying investment, principal or return on customer’s investment. You must read and understand the investment policy of each investment product to see if a product contains ESG and sustainability elements and is classified as an ESG and sustainable investment. Investment in Mutual Funds and Bonds are not covered by the deposit insurance program of the Indonesian Deposit Insurance Corporation (“LPS”).
\nImportant information on ESG and sustainable investing
\nToday we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit www.hsbc.com/sustainability.
\nIn broad terms “ESG and sustainable investing” products include investment approaches or instruments which consider environmental, social, governance and/or other sustainability factors to varying degrees. Certain instruments we classify as sustainable may be in the process of changing to deliver sustainability outcomes. There is no guarantee that ESG and Sustainable investing products will produce returns similar to those which don’t consider these factors. ESG and Sustainable investing products may diverge from traditional market benchmarks. In addition, there is no standard definition of, or measurement criteria for, ESG and Sustainable investing or the impact of ESG and Sustainable investing products. ESG and Sustainable investing and related impact measurement criteria are (a) highly subjective and (b) may vary significantly across and within sectors.
HSBC may rely on measurement criteria devised and reported by third party providers or issuers. HSBC does not always conduct its own specific due diligence in relation to measurement criteria. There is no guarantee: (a) that the nature of the ESG / sustainability impact or measurement criteria of an investment will be aligned with any particular investor’s sustainability goals; or (b) that the stated level or target level of ESG / sustainability impact will be achieved. ESG and Sustainable investing is an evolving area and new regulations are being developed which will affect how investments can be categorised or labelled. An investment which is considered to fulfil sustainable criteria today may not meet those criteria at some point in the future.
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\n© Copyright 2025. The Hongkong and Shanghai Banking Corporation Limited, ALL RIGHTS RESERVED.
\nNo part of this document or video may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of The Hongkong and Shanghai Banking Corporation Limited.
\n"},"asean-in-focus":{"name":"Disclaimer","anchor":"disclaimer","html":"This document is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document is distributed by HSBC Bank Canada, HSBC Bank (China) Company Limited, HSBC Continental Europe, HBAP, HSBC Bank (Singapore) Limited, HSBC Bank (Taiwan) Limited, HSBC Bank Malaysia Berhad (127776-V) / HSBC Amanah Malaysia Berhad (807705-X), The Hongkong and Shanghai Banking Corporation Limited, India, HSBC Bank Middle East Limited, HSBC UK Bank plc, HSBC Bank plc, Jersey Branch, and HSBC Bank plc, Guernsey Branch (collectively, the “Distributors”) to their respective clients. This document is for general circulation and information purposes only. This document is not prepared with any particular customers or purposes in mind and does not take into account any investment objectives, financial situation or personal circumstances or needs of any particular customer. HBAP has prepared this document based on publicly available information at the time of preparation from sources it believes to be reliable but it has not independently verified such information. The contents of this document are subject to change without notice. HBAP and the Distributors are not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document. HBAP and the Distributors give no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document. This document is not investment advice or recommendation nor is it intended to sell investments or services or solicit purchases or subscriptions for them. You should not use or rely on this document in making any investment decision. HBAP and the Distributors are not responsible for such use or reliance by you. You should consult your professional advisor in your jurisdiction if you have any questions regarding the contents of this document. You should not reproduce or further distribute the contents of this document to any person or entity, whether in whole or in part, for any purpose. This document may not be distributed to any jurisdiction where its distribution is unlawful.
\nThe following statement is only applicable to HSBC Bank (Taiwan) Limited with regard to how the publication is distributed to its customers: HSBC Bank (Taiwan) Limited (“the Bank”) shall fulfill the fiduciary duty act as a reasonable person once in exercising offering/conducting ordinary care in offering trust services/ business. However, the Bank disclaims any guaranty on the management or operation performance of the trust business.
\nThe following statement is only applicable to by HSBC Bank Australia with regard to how the publication is distributed to its customers: This document is distributed by HSBC Bank Australia Limited ABN 48 006 434 162, AFSL/ACL 232595 (HBAU). HBAP has a Sydney Branch ARBN 117 925 970 AFSL 301737.The statements contained in this document are general in nature and do not constitute investment research or a recommendation, or a statement of opinion (financial product advice) to buy or sell investments. This document has not taken into account your personal objectives, financial situation and needs. Because of that, before acting on the document you should consider its appropriateness to you, with regard to your objectives, financial situation, and needs.
\n© Copyright 2023. The Hongkong and Shanghai Banking Corporation Limited, ALL RIGHTS RESERVED.
\nNo part of this document may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of The Hongkong and Shanghai Banking Corporation Limited.
\n"},"biodiversity-and-health-6":{"name":"biodiversity-and-health-6","anchor":"biodiversity-and-health-6","html":"FAO, ITPS, GSBI, SCBD and EC. 2020. State of knowledge of soil biodiversity - Status, challenges and potentialities"},"yougov-plc-for-hsbc":{"name":"YouGov Plc for HSBC","anchor":"yougov-plc-for-hsbc","html":"Notes: 1/All figures, unless otherwise stated, are from YouGov Plc for HSBC. Total sample size was 1,048 retirees and 2,695 non-retirees, ranging from ages 18 to 55+. Fieldwork was undertaken between 5th and 6th January 2022. The survey was carried out online. The figures have been weighted and are representative of all Great British adults (aged 18+)."},"biodiversity-and-health-3":{"name":"biodiversity-and-health-3","anchor":"biodiversity-and-health-3","html":"'Connecting Global Priorities: Biodiversity and Human Health: A State of Knowledge Review’, CBD, WHO, UNEP, 2015"},"un-sustainable-development-report":{"name":"UN Sustainable Development Report, May 2019","anchor":"un-sustainable-development-report-may-2019","html":"UN Sustainable Development Report, May 2019"},"biodiversity-and-ecosystem-services":{"name":"Biodiversity and Ecosystem Services","anchor":"biodiversity-and-ecosystem-services","html":"‘Biodiversity and Ecosystem Services: A business case for re/insurance’, Swiss Re (September 2020)"},"biodiversity-and-health-4":{"name":"biodiversity-and-health-4","anchor":"biodiversity-and-health-4","html":"UNICEF"},"overcollateralisation":{"name":"overcollateralisation","anchor":"overcollateralisation","html":"Overcollateralisation: The face value of the underlying loan pool is greater than the par value of the issue bonds. Even if some of the underlying loans are defaulted, the interest or principal on the bonds will still be paid."},"biodiversity-and-health-1":{"name":"biodiversity-and-health-1","anchor":"biodiversity-and-health-1","html":"World Wildlife Fund"},"biodiversity-and-health-2":{"name":"biodiversity-and-health-2","anchor":"biodiversity-and-health-2","html":"'Global Biodiversity Outlook 5’, UN, CBD, 2020"},"fx-disclaiemer":{"name":"FX Disclaimer 2023","anchor":"fx-disclaimer-2023","html":"This document is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document is for general circulation and information purposes only. This document is not prepared with any particular customers or purposes in mind and does not take into account any investment objectives, financial situation or personal circumstances or needs of any particular customer. HBAP has prepared this document based on publicly available information at the time of preparation from sources it believes to be reliable but it has not independently verified such information. The contents of this document are subject to change without notice.
\nHBAP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document. HBAP gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document.
\nThis document is not investment advice or recommendation nor is it intended to sell investments or services or solicit purchases or subscriptions for them. You SHOULD NOT use or rely on this document in making any investment decision or decision to buy or sell currency. HBAP is not responsible for such use or reliance by you. You SHOULD consult your professional advisor in your jurisdiction if you have any questions regarding the contents of this document.
\nYou SHOULD NOT reproduce or further distribute the contents of this document to any person or entity, whether in whole or in part, for any purpose. This document may not be distributed to the US, Canada or Australia or any other jurisdiction where its distribution is unlawful.
\nJersey
\nHSBC Expat, a division of HSBC Bank plc, Jersey Branch, has distributed this document to its customers for general reference only. HSBC Expat is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. We give no guarantee as to the accuracy, timeliness or completeness of this document. HSBC Expat will distribute this document to customers, at their request, where we can lawfully do so.
\nMainland China
\nIn mainland China, this document is distributed by HSBC Bank (China) Company Limited (“HBCN”) to its customers for general reference only. This document is not, and is not intended to be, for the purpose of providing securities and futures investment advisory services or financial information services, or promoting or selling any wealth management product. This document provides all content and information solely on an "as-is/as-available" basis. HBCN is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document. You SHOULD consult your own professional adviser if you have any questions regarding this document.
\nHong Kong
\nIn Hong Kong, this document is distributed by HBAP to its customers for general reference only. HBAP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. HBAP gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document.
\nMalaysia
\nIn Malaysia, this document has been prepared by HBAP is issued and distributed by HSBC Bank Malaysia Berhad (127776-V) / HSBC Amanah Malaysia Berhad (807705-X) (the "Bank"). The Bank is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result, of arising from or relating to your use of or reliance on this document.
\nSingapore
\nIn Singapore, this document is distributed by HSBC Bank (Singapore) Limited (“HBSP”) pursuant to Regulation 32C of the Financial Advisers Regulations, to its customers for general reference only. HBSP accepts legal responsibility for the contents of this document, and may be contacted in respect of any matters arising from, or in connection with, this document. Please refer to HBSP’s website at www.hsbc.com.sg for its contact details.
\nTaiwan
\nIn Taiwan, this document is distributed by HSBC Bank (Taiwan) Limited, [13F/14F No 333, section 1 Keelong Rd, Taipei] to its customers for general reference only. HSBC Bank (Taiwan) Limited is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. Clients of HSBC Bank (Taiwan) Limited should contact their relationship manager in respect of any matters arising from or in connection with this document.
\nUnited Arab Emirates
\nIn the UAE, this document is distributed by HSBC Bank Middle East Limited (“HBME”) U.A.E Branch, P.O.Box 66, Dubai, U.A.E, wh ich is regulated by the Central Bank of the U.A.E and lead regulated by the Dubai Financial Services Authority. HBME is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this document.
\nMiscellaneous
\nNotwithstanding this document is not investment advice, please be aware of the following for the sake of completeness. Past performance is not an indication of future performance. The value of any investment or income may go down as well as up and you may not get back the full amount invested. When an investment is denominated in a currency other than the local currency of an investor, changes in the exchange rates may have an adverse effect on the value, price or income of that investment. Where there is no recognised market for an investment, it may be difficult for an investor to sell the investment or to obtain reliable information about its value or the extent of the risk associated with it.
\nThis document contains forward-looking statements which are, by their nature, subject to significant risks and uncertainties. Such statements are projections, do not represent any one investment and are used for illustration purpose only. Customers are reminded that there can be no assurance that economic conditions described herein will remain in the future. Actual results may differ materially from the forecasts/estimates. No assurance is given that those expectations reflected in those forward-looking statements will prove to have been correct or come to fruition, and you are cautioned not to place undue reliance on such statements. No obligation is undertaken to publicly update or revise any forward-looking statements contained in this document or any other related document whether as a result of new information, future events or otherwise.
\nThe Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates and their respective officers and/or employees, may have interests in any products referred to in this document by acting in various roles including as distributor, holder of principal positions, adviser or lender. The Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates, and their respective officers and employees, may receive fees, brokerage or commissions for acting in those capacities. In addition, The Hongkong and Shanghai Banking Corporation Limited, its affiliates and associates, and their respective officers and/or employees, may buy or sell products as principal or agent and may effect transactions which are not consistent with the information set out in this document.
\n© Copyright 2023. The Hongkong and Shanghai Banking Corporation Limited, ALL RIGHTS RESERVED. No part of this document may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of The Hongkong and Shanghai Banking Corporation Limited.
\n"},"oecd-biodiversity":{"name":"OECD – Biodiversity","anchor":"oecd-biodiversity","html":"OECD – Biodiversity"},"source-wind-hsbc":{"name":"source-wind-hsbc","anchor":"source-wind-hsbc","html":"Source: Wind, HSBC"},"progressing-esg-adoption-in-asia-2":{"name":"progressing-esg-adoption-in-asia-2","anchor":"progressing-esg-adoption-in-asia-2","html":"OECD, September 2023"},"exercise-is-more-beneficial":{"name":"exercise is more beneficial ","anchor":"exercise-is-more-beneficial","html":"www.sciencefocus.com/news/why-money-cant-buy-you-happiness"},"inflation-trends":{"name":"inflation trends","anchor":"inflation-trends","html":"https://www.imf.org/external/datamapper/PCPIPCH@WEO/WEOWORLD/VEN"},"cost-of-living-city-ranking-2023":{"name":"Cost of Living City Ranking 2023","anchor":"cost-of-living-city-ranking-2023","html":"https://www.mercer.com/insights/total-rewards/talent-mobility-insights/cost-of-living"},"health-in-retirement":{"name":"health-in-retirement","anchor":"health-in-retirement","html":"https://www.worldometers.info/demographics/life-expectancy/"},"alzheimers-disease":{"name":"Alzheimer’s disease","anchor":"alzheimers-disease","html":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2897172/"},"emerging-markets":{"name":"Emerging markets","anchor":"emerging-markets","html":"Developed markets covered were US, UK, Singapore and Hong Kong. Mexico, Malaysia, UAE, mainland China, and India were classified as Emerging markets."},"respondents-for-the-survey":{"name":"Respondents for the survey","anchor":"respondents-for-the-survey","html":"Respondents for the survey were individuals with investible assets of between USD100,000 and USD2 million."},"financial-security":{"name":"financial security","anchor":"financial-security","html":"HSBC and Bloomberg Media Studios conducted the HSBC Quality of Life Report, 2023 in nine markets globally with a total sample size of 2,250 individuals.\nThe data for this article is from the ~1,800 respondents in the survey with investible assets of between USD100,000 and USD2 million."},"hsbc-quality-of-life-report":{"name":"HSBC Quality of Life Report","anchor":"hsbc-quality-of-life-report","html":"HSBC and Bloomberg Media Studios conducted the HSBC Quality of Life Report, 2023 in nine markets globally with a total sample size of 2,250 individuals.\nThe data for this article is from the ~1,800 respondents in the survey with investible assets of between USD100,000 and USD2 million."},"boomers":{"name":"Boomers","anchor":"boomers","html":"Millenials - age 25 - 39, Gen X - age 40 - 54, Boomers - age 55 - 69."},"world-data":{"name":"WorldData","anchor":"worlddata","html":"WorldData.com - https://www.worlddata.info/life-expectancy.php"},"ipt":{"name":"ipt","anchor":"ipt","html":"GMA wallet to wallet transfers not included."},"carry-trades":{"name":"Carry trades","anchor":"carry-trades","html":"Carry trades refer to the strategy of using borrowed lower-yield currencies to buy securities denominated in higher-yielding currencies."},"heat-on-holidays-02":{"name":"Global sea-level","anchor":"global-sea-level","html":"Global sea-level rise and implications, World Meteorological Organization"},"heat-on-holidays-03":{"name":"Extreme sea levels","anchor":"extreme-sea-levels","html":"Extreme sea levels at different global warming levels, Nature Climate Change, 30 August 2021"},"heat-on-holidays-01":{"name":"Sea level","anchor":"sea-level","html":"Sea level (around Japan), Japan Meteorological Agency, 15 February 2023"},"heat-on-holidays-04":{"name":"Sea level rise under climate change","anchor":"sea-level-rise-under-climate-change","html":"Sea level rise under climate change: Implications for beach tourism in the Caribbean, Ocean & Coastal Management, 15 June 2022"},"heat-on-holidays-05":{"name":"Climate crisis","anchor":"climate-crisis","html":"Climate crisis puts half of coral reefs at risk by 2035, WEF, 18 October 2022"},"heat-on-holidays-06":{"name":"European Commission","anchor":"european-commission","html":"European Commission, shifts in distribution of bird species due to climate change may compromise ecosystem services, October 2022"},"heat-on-holidays-07":{"name":"CNN","anchor":"cnn","html":"CNN, At a mountain resort with no real snow, skiing faces a total wipe-out, 28 February 2024"},"heat-on-holidays-08":{"name":"Climate-induced","anchor":"climate-induced","html":"Climate-induced variations in global wildfire danger from 1979 to 2013, Nature communications, 14 July 2015"},"aid-data":{"name":"AidData","anchor":"aiddata","html":"AidData, November 2023. “Belt and Road Reboot: Beijing’s Bid to De-Risk Its Global Infrastructure Initiative”. Accessed at https://www.aiddata.org/publications/belt-and-road-reboot"},"health-is-wealth-01":{"name":"Health is wealth-01","anchor":"health-is-wealth-01","html":"https://internationalservices.hsbc.com/content/dam/hsbc/hsbcis/docs/reports/quality-of-life/quality-of-life-report-2023.pdf"},"health-is-wealth-02":{"name":"Health is wealth-02","anchor":"health-is-wealth-02","html":"https://dyrfdimwippjl.cloudfront.net/content/2022/10/17111422/HSBC_Global-Report_Final-10-Oct-22-4.pdf"},"nisa":{"name":"NISA","anchor":"nisa","html":"With effect from 1 January 2024, investment limits for NISA (which provides capital gains tax exemptions) were raised by 2-3 times (to JPY3.6m per year and JPY12-18m in total)."},"investment-daily-dis-2024":{"name":"Investment Daily Dis 2024","anchor":"investment-daily-dis-2024","html":"This document or video is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group. This document or video is distributed and/or made available by HSBC Bank (China) Company Limited, HSBC Bank (Singapore) Limited, HSBC Bank Middle East Limited (UAE), HSBC UK Bank Plc, HSBC Bank Malaysia Berhad (198401015221 (127776-V))/HSBC Amanah Malaysia Berhad (20080100642 1 (807705-X)), HSBC Bank (Taiwan) Limited, HSBC Bank plc, Jersey Branch, HSBC Bank plc, Guernsey Branch, HSBC Bank plc in the Isle of Man, HSBC Continental Europe, Greece, The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India), HSBC Bank (Vietnam) Limited, PT Bank HSBC Indonesia (HBID), HSBC Bank (Uruguay) S.A. (HSBC Uruguay is authorised and oversought by Banco Central del Uruguay), The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch, HSBC Investment and Insurance Brokerage, Philippines Inc, HSBC Insurance Brokerage Company Limited, HSBC Mexico, S.A. Multiple Banking Institution HSBC Financial Group (collectively, the “Distributors”) and HSBC Bank Middle East Limited Qatar Branch, P.O. Box 57, Doha, Qatar (regulated by Qatar Central Bank for the purpose of this promotion and lead regulated by the Dubai Financial Services Authority) to their respective clients. This document or video is for general circulation and information purposes only.
\nThe contents of this document or video may not be reproduced or further distributed to any person or entity, whether in whole or in part, for any purpose. This document or video must not be distributed in any jurisdiction where its distribution is unlawful. All non-authorised reproduction or use of this document or video will be the responsibility of the user and may lead to legal proceedings. The material contained in this document or video is for general information purposes only and does not constitute investment research or advice or a recommendation to buy or sell investments. Some of the statements contained in this document or video may be considered forward looking statements which provide current expectations or forecasts of future events. Such forward looking statements are not guarantees of future performance or events and involve risks and uncertainties. Actual results may differ materially from those described in such forward-looking statements as a result of various factors. HBAP and the Distributors do not undertake any obligation to update the forward-looking statements contained herein, or to update the reasons why actual results could differ from those projected in the forward-looking statements. This document or video has no contractual value and is not by any means intended as a solicitation, nor a recommendation for the purchase or sale of any financial instrument in any jurisdiction in which such an offer is not lawful. The views and opinions expressed are based on the HSBC Global Investment Committee at the time of preparation and are subject to change at any time. These views may not necessarily indicate HSBC Asset Management‘s current portfolios’ composition. Individual portfolios managed by HSBC Asset Management primarily reflect individual clients’ objectives, risk preferences, time horizon, and market liquidity.
\nThe value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested. Past performance contained in this document or video is not a reliable indicator of future performance whilst any forecasts, projections and simulations contained herein should not be relied upon as an indication of future results. Where overseas investments are held the rate of currency exchange may cause the value of such investments to go down as well as up. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets. Economies in emerging markets generally are heavily dependent upon international trade and, accordingly, have been and may continue to be affected adversely by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade. These economies also have been and may continue to be affected adversely by economic conditions in the countries in which they trade. Investments are subject to market risks, read all investment related documents carefully.
\nThis document or video provides a high-level overview of the recent economic environment and has been prepared for information purposes only. The views presented are those of HBAP and are based on HBAP’s global views and may not necessarily align with the Distributors’ local views. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of its dissemination. It is not intended to provide and should not be relied on for accounting, legal or tax advice. Before you make any investment decision, you may wish to consult an independent financial adviser. In the event that you choose not to seek advice from a financial adviser, you should carefully consider whether the investment product is suitable for you. You are advised to obtain appropriate professional advice where necessary.
\nThe accuracy and/or completeness of any third-party information obtained from sources which we believe to be reliable might have not been independently verified, hence Customer must seek from several sources prior to making investment decision.
\nThe following statement is only applicable to HSBC Mexico, S.A. Multiple Banking Institution HSBC Financial Group with regard to how the publication is distributed to its customers: This publication is distributed by Wealth Insights of HSBC México, and its objective is for informational purposes only and should not be interpreted as an offer or invitation to buy or sell any security related to financial instruments, investments or other financial product. This communication is not intended to contain an exhaustive description of the considerations that may be important in making a decision to make any change and/or modification to any product, and what is contained or reflected in this report does not constitute, and is not intended to constitute, nor should it be construed as advice, investment advice or a recommendation, offer or solicitation to buy or sell any service, product, security, merchandise, currency or any other asset.
\nReceiving parties should not consider this document as a substitute for their own judgment. The past performance of the securities or financial instruments mentioned herein is not necessarily indicative of future results. All information, as well as prices indicated, are subject to change without prior notice; Wealth Insights of HSBC Mexico is not obliged to update or keep it current or to give any notification in the event that the information presented here undergoes any update or change. The securities and investment products described herein may not be suitable for sale in all jurisdictions or may not be suitable for some categories of investors.
\nThe information contained in this communication is derived from a variety of sources deemed reliable; however, its accuracy or completeness cannot be guaranteed. HSBC México will not be responsible for any loss or damage of any kind that may arise from transmission errors, inaccuracies, omissions, changes in market factors or conditions, or any other circumstance beyond the control of HSBC. Different HSBC legal entities may carry out distribution of Wealth Insights internationally in accordance with local regulatory requirements.
\nImportant Information about the Hongkong and Shanghai Banking Corporation Limited, India (“HSBC India”)
\nHSBC India is a branch of The Hongkong and Shanghai Banking Corporation Limited. HSBC India is a distributor of mutual funds and referrer of investment products from third party entities registered and regulated in India. HSBC India does not distribute investment products to those persons who are either the citizens or residents of United States of America (USA), Canada or New Zealand or any other jurisdiction where such distribution would be contrary to law or regulation.
\nThe following statement is only applicable to HSBC Bank (Taiwan) Limited with regard to how the publication is distributed to its customers: HSBC Bank (Taiwan) Limited (“the Bank”) shall fulfill the fiduciary duty act as a reasonable person once in exercising offering/conducting ordinary care in offering trust services/ business. However, the Bank disclaims any guarantee on the management or operation performance of the trust business.
\nThe following statement is only applicable to PT Bank HSBC Indonesia (“HBID”): PT Bank HSBC Indonesia (“HBID”) is licensed and supervised by Indonesia Financial Services Authority (“OJK”). Customer must understand that historical performance does not guarantee future performance. Investment product that are offered in HBID is third party products, HBID is a selling agent for third party product such as Mutual Fund and Bonds. HBID and HSBC Group (HSBC Holdings Plc and its subsidiaries and associates company or any of its branches) does not guarantee the underlying investment, principal or return on customer investment. Investment in Mutual Funds and Bonds is not covered by the deposit insurance program of the Indonesian Deposit Insurance Corporation (LPS).
\nImportant information on ESG and sustainable investing
\nToday we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit www.hsbc.com/sustainability.
\nIn broad terms “ESG and sustainable investing” products include investment approaches or instruments which consider environmental, social, governance and/or other sustainability factors to varying degrees. Certain instruments we classify as sustainable may be in the process of changing to deliver sustainability outcomes. There is no guarantee that ESG and Sustainable investing products will produce returns similar to those which don’t consider these factors. ESG and Sustainable investing products may diverge from traditional market benchmarks. In addition, there is no standard definition of, or measurement criteria for, ESG and Sustainable investing or the impact of ESG and Sustainable investing products. ESG and Sustainable investing and related impact measurement criteria are (a) highly subjective and (b) may vary significantly across and within sectors.
\nHSBC may rely on measurement criteria devised and reported by third party providers or issuers. HSBC does not always conduct its own specific due diligence in relation to measurement criteria. There is no guarantee: (a) that the nature of the ESG / sustainability impact or measurement criteria of an investment will be aligned with any particular investor’s sustainability goals; or (b) that the stated level or target level of ESG / sustainability impact will be achieved. ESG and Sustainable investing is an evolving area and new regulations are being developed which will affect how investments can be categorised or labelled. An investment which is considered to fulfil sustainable criteria today may not meet those criteria at some point in the future.
THE CONTENTS OF THIS DOCUMENT OR VIDEO HAVE NOT BEEN REVIEWED BY ANY REGULATORY AUTHORITY IN HONG KONG OR ANY OTHER JURISDICTION. YOU ARE ADVISED TO EXERCISE CAUTION IN RELATION TO THE INVESTMENT AND THIS DOCUMENT OR VIDEO. IF YOU ARE IN DOUBT ABOUT ANY OF THE CONTENTS OF THIS DOCUMENT OR VIDEO, YOU SHOULD OBTAIN INDEPENDENT PROFESSIONAL ADVICE.
\n© Copyright 2026. The Hongkong and Shanghai Banking Corporation Limited, ALL RIGHTS RESERVED.
\nNo part of this document or video may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of The Hongkong and Shanghai Banking Corporation Limited.
\n"},"gemsloaneligibility":{"name":"gemsloaneligibility","anchor":"gemsloaneligibility","html":"This loan feature is currently only available for specific GEMS Schools as determined and approved by HSBC."},"bnef":{"name":"bnef","anchor":"bnef","html":"Bloomberg New Energy Finance 2023."},"wb":{"name":"World Bank","anchor":"world-bank","html":"World Bank: Economy faces huge losses if we fail to protect nature, World Economic Forum, July 2021."},"fx-viewpoint-2024-06-03-1":{"name":"Carry trades 02","anchor":"carry-trades-02","html":"A carry trade typically involves borrowing in a low-interest rate currency (known as “funding currency”) and converting the borrowed amount into another currency or financial product with a higher rate of return."},"world-trader-conditions":{"name":"world-trader-conditions","anchor":"world-trader-conditions","html":"WorldTrader terms and conditions apply."},"amazon-redemption":{"name":"amazon-redemption","anchor":"amazon-redemption","html":"To avail the offer, just enter HSBC(current month)15 at the checkout. For example, HSBCMAR15."},"careem-redemption":{"name":"careem-redemption","anchor":"careem-redemption","html":"This offer is only applicable to cardholders based in Dubai using the HSBC Black, Cash+, Max Rewards, Advance, Live+, Platinum or Platinum Select Credit Cards. Each user can redeem the offer only once during the promotion period. Each eligible HSBC credit card can be used only once to redeem the offer."},"emirati-mortgage":{"name":"emirati-mortgage","anchor":"emirati-mortgage","html":"Subject to the relevant countries' terms and conditions. We can provide support with referring your interest to the appropriate market's mortgage team."},"non-hsbc-fees":{"name":"non-hsbc-fees","anchor":"non-hsbc-fees","html":"Other non-HSBC fees apply"},"premierfee0":{"name":"premierfeeexclusive","anchor":"premierfeeexclusive","html":"If you do not meet the Premier eligibility requirements then we reserve the right, at our discretion, to charge you a service fee up to the point we convert your account into a Personal Banking account. Terms and Conditions apply.
\nAED 350,000 has to be maintained in deposits and/or investments within 24 months, or if the mortgage is fully paid off before 24 months, to avoid charges and discontinued service. You must successfully meet the Premier by mortgage eligibility criteria in order to take advantage of discounted fees and charges available to Premier customers. If you default on your home loan agreement, this may result in charges or discontinued service.
\nYou must apply for and open a new HSBC Premier or Advance Account during the Offer Period and fund the new account or transfer your salary in accordance with the Eligibility Criteria before 30 July 2024, as well as continuing to meet the criteria for at least 6 consecutive months. This Offer is not available to Personal Banking and Flexi Account customers.
\n"},"affluent-investor-snapshot-2024":{"name":"Affluent Investor Snapshot 2024","anchor":"affluent-investor-snapshot-2024","html":"The Affluent Investor Snapshot 2024, a Global Quality of Life special report by HSBC, delves into the investment portfolios, behaviours, and priorities of affluent individuals worldwide. Conducted in March 2024 through an online survey across 11 markets, this research captures insights from 11,230 affluent investors aged 25 to 69, each possessing investable assets ranging from USD 100,000 to USD 2 million."},"loanapprovalnotransfer":{"name":"loanapprovalnotransfer","anchor":"loanapprovalnotransfer","html":"Final approval is subject to satisfactory documentation, internal policies and credit bureau checks."},"nonsalaryapr":{"name":"nonsalaryapr","anchor":"nonsalaryapr","html":"Rates for our Non Salary Transfer Loans start from 14.25% APR, and vary depending on customer profile and other factors. If you're looking for a loan with a lower rate, our Personal Loan offers a starting rate of 7.24% APR. However, with our Personal Loan you will need to transfer your salary into an HSBC UAE current account."},"play-golf-for-free":{"name":"Play golf for free","anchor":"play-golf-for-free","html":"This benefit is only available if you have made a minimum spend of AED 10,000 on your HSBC Black Credit Card, during the golf booking calendar month. Where the minimum spend requirement is not met, the cost of the golf visit will become chargeable."},"homeinsurancepolicy":{"name":"homeinsurancepolicy","anchor":"homeinsurancepolicy","html":"For a home insurance policy with contents worth up to 75,000 and personal belongings up to 15,000. Single article limits apply for high value items. Any item with a value over the single article limits specified in the policy should be declared at the time of applying for the policy and your premium may be adjusted accordingly. Please see policy wording for more information."},"productportability":{"name":"productportability","anchor":"productportability","html":"The portability of a product is subject to Zurich International Life Ltd business acceptance rules at the time. If your country or region of residence changes, you must tell us and Zurich International Life Ltd as soon as possible, as this may impact what products and services will be available, or continue to be available, to you in accordance with applicable laws and regulations."},"wealthaccumulation-enhanceddeath":{"name":"wealthaccumulation-enhanceddeath","anchor":"wealthaccumulation-enhanceddeath","html":"If the youngest life insured was aged 51 to 60 when the policy started and the last life insured dies within 5 years of the policy commencement date, the enhanced death benefit will be the greater of: a) 101% of the surrender value of the policy; or b) the total premiums paid, less any withdrawals taken during the first 5 years of the policy.
\nIf the youngest life insured was 50 or under when the policy started and the last life insured dies within 15 years of the policy commencement date, the enhanced death benefit will be the greater of: a) 101% of the surrender value of the policy; or b) the total premiums paid, less any withdrawals taken during the first 15 years of the policy.
\nTo be eligible for the enhanced death benefit, the lives insured must be aged 18 to 60 when the policy starts.
\n"},"yourcarehospitalisation":{"name":"YourCareHospitalisation","anchor":"yourcarehospitalisation","html":"Weekly benefit amount chosen by the customer as part of their chosen Critical Illness cover. After at least 4 days in hospital, the customer makes a claim and is paid an amount which equals the number of days in hospital multiplied by the weekly hospital cash benefit. Multiple claims can be made under this benefit up to 365 paid days per policy, irrespective of number of claims."},"yourcarepaysum":{"name":"YourCarePaySum","anchor":"yourcarepaysum","html":"The policy will pay either the selected sum assured or the funeral expense benefit once during the policy term."},"yourlife90days":{"name":"yourlife90days","anchor":"yourlife90days","html":"For the first 90 days of the policy, the cover we offer is limited to claims that are a result of death by accidental means. After 90 days, Zurich will consider claims resulting from death by any cause not explicitly excluded from the policy."},"policylapse":{"name":"policylapse","anchor":"policylapse","html":"The policy will lapse if you become permanently resident in a country outside the GCC."},"lifeinsuranceplans":{"name":"lifeinsuranceplans","anchor":"lifeinsuranceplans","html":"All life insurance plans are provided and underwritten by Zurich International Life Ltd. This is only general information and does not constitute an offer to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. A person interested in this product should read and consider the product brochures, product summary and benefit illustration in deciding whether to buy this product. You can ask for these documents from any of our branches. Buying a life insurance plan is a long-term commitment. An early termination of the plan usually incurs high cost and the surrender value payable (if applicable) may be less than the total premiums paid.
\nProduct terms and conditions, exclusions and eligibility criteria apply. The terms and conditions applicable to these products will be of Zurich International Life Ltd, and HSBC will not be responsible for claims, processing or otherwise. For the avoidance of doubt, HSBC does not provide tax advice and you should seek your own external tax advice in relation to this product.
\n"},"silvertiermembership":{"name":"silvertiermembership","anchor":"silvertiermembership","html":"If you aren't an existing Silver Tier member, you'll be upgraded to Silver. If you already have this with your existing membership, then we’ll ask Emirates Skywards to extend it. If you already have Emirates Skywards Platinum or Gold Tier status, your tier status will remain the same. We’ll renew your Emirates Skywards Silver Tier status every year providing you meet the HSBC Emirates Skywards Infinite Credit Card Terms."},"unlimitedairportloungeaccess":{"name":"unlimitedairportloungeaccess","anchor":"unlimitedairportloungeaccess","html":"To enjoy unlimited visits, you must complete at least one international purchase with your card for a minimum value of USD 1 with your HSBC credit card 15 days before you travel. This doesn't apply to the first 2 lounge visits in the year, but later visits will be charged to your card if the condition isn't met. You’ll need the Visa Airport Companion app to access your airport lounge benefits. Download it from your app store today."},"cards-infinite-cinema":{"name":"cards-infinite-cinema","anchor":"cards-infinite-cinema","html":"The Cinema Buy 1 get 1 offer is only at Vox, Reel and Roxy Cinemas in the UAE when you book online. If you're an HSBC Emirates Skywards Infinite cardholder, you'll need to spend at least AED 10,000. If you don't meet the minimum spend, you'll be charged the cost of the free ticket. Qualifying spend includes primary and supplementary cardholders. VOX Cinema Terms and Conditions, REEL Cinema Terms and Conditions and ROXY Cinemas Terms and Conditions apply."},"nomilesexpiry":{"name":"nomilesexpiry","anchor":"nomilesexpiry","html":"Your Skywards Miles won't expire as long as your Emirates Skywards account and HSBC Emirates Skywards Infinite Credit Card remains open. The No Miles Expiry Terms and Conditions apply to the Skyward Miles your earn from your credit card. These are separate Emirates Skywards terms available on their website under the HSBC Emirates Skywards Credit Cards page. Please do ensure you read them and understand expiry and forfeiture rules."},"nomilesexpiry-signature":{"name":"nomilesexpiry-signature","anchor":"nomilesexpiry-signature","html":"Your Skywards Miles won't expire as long as your Emirates Skywards account and HSBC Emirates Skywards Signature Credit Card remains open. The No Miles Expiry Terms and Conditions apply to the Skyward Miles your earn from your credit card. These are separate Emirates Skywards terms available on their website under the HSBC Emirates Skywards Credit Cards page. Please do ensure you read them and understand expiry and forfeiture rules."},"cards-signature-cinema":{"name":"cards-signature-cinema","anchor":"cards-signature-cinema","html":"The Cinema Buy 1 get 1 offer is only at Vox, Reel and Roxy Cinemas in the UAE when you book online. If you're an HSBC Emirates Skywards Signature cardholder, you'll need to spend at least AED 6,000 during the calendar month you book your tickets. If you don't meet the minimum spend, you'll be charged the cost of the free ticket. Qualifying spend includes primary and supplementary cardholders. VOX Cinema Terms and Conditions, REEL Cinema Terms and Conditions and ROXY Cinemas Terms and Conditions apply."},"silvertierrenewal":{"name":"silvertierrenewal","anchor":"silvertierrenewal","html":"You could be eligible to fast track to Silver Tier membership after the first year and every year after that. You just have to spend at least AED180,000 on eligible transactions in the previous 12 months. This includes a minimum eligible spend of AED 10,000 directly with Emirates on their website, app or other sales channels."},"signaturerewards":{"name":"signaturerewards","anchor":"signaturerewards","html":"Use your card to earn 1.75 Skywards Miles for every USD spent on Emirates and FlyDubai; 1 Skywards Mile for every USD equivalent spent in other currencies; and up to 0.75 Skywards Miles for every USD spent on other transactions."},"infiniterewards":{"name":"infiniterewards","anchor":"infiniterewards","html":"Use your card to earn 2.75 Skywards Miles for every USD spent on Emirates and FlyDubai; 1.5 Skywards Miles for every USD equivalent spent in other currencies; and up to 1 Skywards Miles for every USD spent on other transactions."},"skywardredemption":{"name":"skywardredemption","anchor":"skywardredemption","html":"Emirates may amend their rewards redemption options without prior notice, so please regularly review their Emirates Skywards Programme terms. We are not liable for Skywards Miles redemption or any redemption issues you incur. We provide no warranty, guarantee or liability for the redemption process, any rewards claimed, or any losses incurred as a result."},"wholelifechildren":{"name":"wholelifechildren","anchor":"wholelifechildren","html":"Maximum of 3 children only between the age of 1 and 18 are covered for children's critical Illness up to USD 10,000 per child."},"rolling-term-deposit":{"name":"rolling-term-deposit","anchor":"rolling-term-deposit","html":"Funds need to be brought in from outside of HSBC within 7 days of opening the term deposit. Term deposits will be placed within 2 working days after receiving the request.
\nSalary credits and loans will not count towards the new funds total.
\n"},"aprtermdeposit":{"name":"aprtermdeposit","anchor":"aprtermdeposit","html":"Interest rates are subject to change from time to time at the sole discretion of HSBC Bank Middle East Limited. The interest rate applicable to your existing deposit will remain unchanged for the duration of the term. For more information about the interest rates applicable for particular deposit amounts, currencies and terms, please contact one of our Premier Relationship Managers or any branch or call centre."},"td-offer-funds":{"name":"td-offer-funds","anchor":"td-offer-funds","html":"New customers who have opened their first account with HSBC for less than 90 days can get the new rates by bringing in new money from outside HSBC over AED 10,000, USD 5,000 or GBP 5,000. For existing customers, new money needs to be at least AED 100,000 or USD equivalent."},"aprsavings":{"name":"aprsavings","anchor":"aprsavings","html":"All Fixed interest rates quoted are in Annual Equivalent Rates. This is a notional rate, which illustrates what the credit interest will be if interest were paid for a full calendar year. The interest will accrue for each calendar day in a month.
\nFor Savings Accounts interest will be calculated based on your minimum monthly balance and paid into your savings account in January and July.
\nInterest on UAE Dirhams and United States Dollars are calculated on a 360 day basis.
\nFixed Interest rates are subject to change from time to time at the sole discretion of the Bank. This change will automatically reflect on the Savings account. We will notify you of any changes to the Fixed interest rate before they happen in line with the Personal Banking Terms and Conditions.
\n"},"apresaver":{"name":"apresaver","anchor":"apresaver","html":"Fixed interest rates are subject to change from time to time at the sole discretion of the Bank. This change will automatically reflect on your E-Saver Account. We will notify you of any changes to the Fixed interest rate before they happen in line with the Personal Banking Terms and Conditions."},"fees-and-charges-apply":{"name":"fees-and-charges-apply","anchor":"fees-and-charges-apply","html":"Fees and charges apply."},"why-esg-matters-05-02":{"name":"Consumer Perceptions","anchor":"consumer-perceptions","html":"PitchBook data, HSBC, May 2025"},"why-esg-matters-05-01":{"name":"Leela Dilkes-Hoffman","anchor":"leela-dilkes-hoffman","html":"'WMO report documents spiralling weather and climate impacts’, World Meteorological Organization, 19 March 2025"},"why-esg-matters-05-04":{"name":"BioCycle Nationwide Survey","anchor":"biocycle-nationwide-survey","html":"BloombergNEF, Electric Vehicle Outlook 2025"},"why-esg-matters-05-03":{"name":"The Big Compost Experiment","anchor":"the-big-compost-experiment","html":"'Solar PV’, International Energy Agency, 2024"},"premier-by-family":{"name":"premier-by-family","anchor":"premier-by-family","html":"Family banking is only available if the primary account holder has a qualifying total relationship balance or salary."},"global-transfers":{"name":"global-transfers","anchor":"global-transfers","html":"Global Transfers is only available for Global Private Banking, Premier and Advance customers. Global Transfers are effected instantly (typically within 6 seconds from submitting the required information) for supported currencies. Exceptionally, in circumstances outside of our control, it may not be possible to effect your transfer through Global Transfers, in which case you should contact us or use another way to complete your transfer. Terms and conditions apply."},"skywards-signature-welcome-offer":{"name":"Skywards Signature Welcome Offer","anchor":"skywards-signature-welcome-offer","html":"Eligibility criteria and terms and conditions apply (PDF, 137 KB). Offer valid from 1 October 2024 to 31 January 2025 inclusive"},"skywards-infinite-welcome-offer":{"name":"Skywards infinite Welcome Offer\t","anchor":"skywards-infinite-welcome-offer","html":"Eligibility criteria and terms and conditions apply (PDF, 137 KB). Offer valid from 1 October 2024 to 31 January 2025 inclusive"},"no-miles-expiry":{"name":"no-miles-expiry","anchor":"no-miles-expiry","html":"Your Skywards Miles won't expire as long as your Emirates Skywards account and HSBC Emirates Skywards Credit Card remains open. The No Miles Expiry Terms and Conditions apply to the Skyward Miles you earn from your credit card. These are separate Emirates Skywards terms available on their website under the HSBC Emirates Skywards Credit Cards page. Please do ensure you read them and understand expiry and forfeiture rules."},"cards-cashback":{"name":"Cards Cashback","anchor":"cards-cashback","html":"Eligibility criteria and terms and conditions apply (PDF). Offer valid from 1 July to 31 December 2025 inclusive."},"think-future-01":{"name":"Energy transition","anchor":"energy-transition","html":"Energy transition investment trends 2024 - BloombergNEF, January 2024"},"think-future-02":{"name":" Renewables 2023","anchor":"renewables-2023","html":"Renewables 2023 – International Energy Agency, January 2024"},"cards-skyward-miles-earning":{"name":"cards-skyward-miles-earning","anchor":"cards-skyward-miles-earning","html":"You can't earn Skywards Miles in more than one spends category for the same transaction."},"why-esg-matters-06-03":{"name":"GDC","anchor":"gdc","html":"'Global Data Center Power Demand Outlook’, BNEF, 2025"},"why-esg-matters-06-04":{"name":"EAI","anchor":"eai","html":"'Energy and AI’, IEA, 2025"},"why-esg-matters-06-05":{"name":"GDC","anchor":"gdc","html":"'Global Data Center Power Demand Outlook’, BNEF, 2025"},"why-esg-matters-06-06":{"name":"kq","anchor":"kq","html":"'Key Questions on Energy and AI’, IEA, April 2026"},"why-esg-matters-06-07":{"name":"Climate change","anchor":"climate-change","html":"Climate change: The black elephant in the airline cabin, Australian Institute of Business, 20 August 2020"},"why-esg-matters-06-01":{"name":"CBRE","anchor":"cbre","html":"CBRE – The Infrastructure of AI: Power Needs, January 2025"},"why-esg-matters-06-02":{"name":"kq","anchor":"kq","html":"'Key Questions on Energy and AI’, IEA, April 2026"},"why-esg-matters-06-08":{"name":"National Center","anchor":"national-center","html":"National Center for Atmospheric Research"},"educationcashback":{"name":"educationcashback","anchor":"educationcashback","html":"Education cashback will change to 0.5% with effect from 1 March 2025."},"jan25-emirati-superstart-premier-cashback":{"name":"jan25-emirati-superstart-premier-cashback","anchor":"jan25-emirati-superstart-premier-cashback","html":"Within the first 3 months of your account opening date you must transfer an ongoing individual monthly net salary of AED 40,000 (AED 30,000 if you're an Emirati) or more into your HSBC Premier Account and continue to meet the criteria for at least 2 consecutive months."},"jan25-8k-superstart-premier-cashback":{"name":"jan25-8k-superstart-premier-cashback","anchor":"jan25-8k-superstart-premier-cashback","html":"To be eligible for the cashback, you must fund the account with the required balance within the first month and maintain it for 4 consecutive months."},"jan2025-cashback-caveat":{"name":"jan2025-cashback-caveat","anchor":"jan2025-cashback-caveat","html":"This illustrative AED 4,000 investment fee cashback amount is calculated based on hypothetical assumptions on investment amount, investment product type and transaction fees. The actual cashback amount can be higher or lower based on the investment product type, actual transaction fees and invested amounts. To learn more, please read the HSBC WorldTrader offer terms and conditions (PDF, 140KB) or visit our WorldTrader page."},"gma-conversion-fees":{"name":"gma-conversion-fees","anchor":"gma-conversion-fees","html":"Card usage is with no foreign currency processing fees on any currency. Other banks' ATMs (including HSBC ATMs outside UAE) may charge an ATM fee on cash withdrawals. For any applicable fees, the bank reserves the right to amend or modify fees at any time at its sole discretion. You will receive a notification 60 days prior to changes in the fees and charges applicable, which will also be reflected in our Schedule of Services and Tariffs (PDF).
\nPlease keep your AED wallet topped up at all times. If there are insufficient funds in the relevant currency wallet during a transaction, the balance will automatically be taken from your AED wallet where available. This will ensure your transaction is not declined.
\n"},"cards-cinema-minimum-spend-generic":{"name":"cards cinema minimum spend generic","anchor":"cards-cinema-minimum-spend-generic","html":"If you don't meet the minimum spend, you'll be charged the cost of the free ticket with effect from 1 September 2025."},"affluent-investor-snapshot-2025":{"name":"Affluent Investor Snapshot 2025","anchor":"affluent-investor-snapshot-2025","html":"The Affluent Investor Snapshot 2025, a global Quality of Life special report by HSBC, delves into the investment portfolios, behaviours, and priorities of affluent individuals worldwide. Conducted in March 2025 through an online survey across 12 markets, this research captures insights from 10,797 affluent investors aged 21 to 69, each possessing investable assets ranging from USD 100K to USD 2M."},"article-disclaimer-investments":{"name":"article-disclaimer-investments","anchor":"article-disclaimer-investments","html":"This article is published by HSBC Bank Middle East Limited ("HBME") – UAE Branch, P.O. Box 66, Dubai, UAE, which is regulated by the Central Bank of the UAE and lead regulated by the Dubai Financial Services Authority. In respect of certain financial services and activities offered by HBME, it is regulated by the Capital Market Authority in the UAE under licence number 602004.
\nThis article is for general information and educational purposes only. It does not constitute investment advice, a personal recommendation, or an offer, solicitation or recommendation to buy, sell or hold any investment product, commodity or financial instrument. Nothing in this article should be construed as a solicitation or recommendation to engage in any trading or investment activity.
\nAny views, opinions, projections or technical analysis expressed are subject to change without notice and should not be relied upon as a forecast of future market conditions or performance. Past performance is not a reliable indicator of future results. The value of investments and any income from them can go down as well as up, and you may not get back the amount originally invested. Commodity prices are subject to significant volatility arising from factors including, but not limited to, supply and demand fluctuations, geopolitical events, currency movements, and regulatory changes. Technical analysis relies on historical price data and patterns, which may not accurately predict future price movements.
\nThis article does not take into account your individual objectives, financial situation or needs. HBME does not guarantee the accuracy, completeness or timeliness of the information contained in this article and is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on this article or any information contained herein.
\nThis article is intended for distribution in the UAE only and may not be suitable for persons in other jurisdictions. The products and services described may not be available in all jurisdictions.
\n"},"ais-article-3-2":{"name":"Experts","anchor":"experts","html":"Experts include wealth and financial specialists, bank relationship managers (RMs), stockbrokers and insurance agents."},"ais-article-3-3":{"name":"HSBC and the Wellbeing Research Centre","anchor":"hsbc-and-the-wellbeing-research-centre","html":"HSBC and the Wellbeing Research Centre at the University of Oxford have partnered to advance the understanding of the relationship between financial health and general wellbeing. The fellowship will conduct interdisciplinary research on the role and impact that different themes, such as financial fitness and mental wellbeing, play in our overall quality of life."},"article-disclaimer-loans":{"name":"article-disclaimer-loans","anchor":"article-disclaimer-loans","html":"The information provided above is for general information purposes only and does not constitute legal or financial advice. HSBC Middle East makes no representation or warranty as to the accuracy or completeness of the information. You should not rely solely on this material when making a financial decision. If you have any questions or wish to discuss your specific circumstances, please reach out to us."},"gma-cny-currency":{"name":"gma cny currency ","anchor":"gma-cny-currency","html":"CNY currency cannot be sent to China due to Chinese regulatory restrictions."},"open-finance-suspicious-activity":{"name":"open-finance-suspicious-activity","anchor":"open-finance-suspicious-activity","html":"You must check from the information the TPP has given you that they’re authorised. If you give your security details to an unauthorised TPP, we’ll assume it’s you that’s authorising us to give access to information about your accounts and you’ll be responsible for any payments made as a result."},"open-finance-account-details":{"name":"open-finance-account-details","anchor":"open-finance-account-details","html":"Account information will include details about who you make payments to and receive payments from. This might contain some sensitive personal information, e.g. if you pay a Trade Union or pay Zakat from your account."},"a-quality-of-life-special-report":{"name":"A Quality of Life special report","anchor":"a-quality-of-life-special-report","html":"The Affluent Investor Snapshot 2025, a global Quality of Life special report by HSBC, delves into the investment portfolios, behaviours, and priorities of affluent individuals worldwide. Conducted in March 2025 through an online survey across 12 markets, this research captures insights from 10,797 affluent investors aged 21 to 69, each possessing investable assets ranging from USD 100K to USD 2M. The Rise of Multi Retirements report explores the theme of mini and multi retirements using the insights from the Affluent Investor Snapshot, specifically delving into the behaviors and priorities of affluent individuals with a focus on mini retirement."},"intentional-pauses":{"name":"intentional pauses","anchor":"intentional-pauses","html":"These pauses don't cover career changes such as redundancy or parental leave after the birth of a child."},"why-esg-matter-01-10":{"name":"biomimicry.org","anchor":"biomimicry-org","html":"biomimicry.org/rayofhopeprize/"},"why-esg-matter-01-9":{"name":"Nature-inspired","anchor":"nature-inspired","html":"Nature-inspired innovation policy: Biomimicry as a pathway to leverage biodiversity for economic development; A Lebdioui, Ecological Economics, 9 September 2022"},"why-esg-matter-01-5":{"name":"ISunil Sharma","anchor":"isunil-sharma","html":"ISunil Sharma and Prabir Sarkar, Research into Design for a Connected World: Biomimicry: Exploring Research, Challenges, Gaps, and Tools, January 2019"},"why-esg-matter-01-4":{"name":"Fibre2Fashion","anchor":"fibre2fashion","html":"Fibre2Fashion, Exploring Biomimicry in Fashion, June 2023"},"why-esg-matter-01-3":{"name":"The Verge","anchor":"the-verge","html":"The Verge, Butterfly wings inspire a better way to absorb light in solar panels, 19 October 2017"},"why-esg-matter-01-2":{"name":"Influence of leading","anchor":"influence-of-leading","html":"Influence of leading-edge tubercles on the aerodynamic performance of a horizontal-axis wind turbine: A numerical study; Wenliang Ke et al., Energy, 15 January 2022"},"why-esg-matter-01-8":{"name":"Lars Langenstuek","anchor":"lars-langenstuek","html":"Lars Langenstuek, The Merging of AI and Biomimicry in Design, 20 September 2023"},"why-esg-matter-01-7":{"name":"Nature-inspired ","anchor":"nature-inspired","html":"Nature-inspired innovation policy: Biomimicry as a pathway to leverage biodiversity for economic development; A Lebdioui, Ecological Economics, 9 September 2022"},"why-esg-matter-01-1":{"name":"Power Technology","anchor":"power-technology","html":"Power Technology, Biomimicry: powering the world with lessons from nature, 18 August 2020"},"usd-term-deposit":{"name":"usd-term-deposit","anchor":"usd-term-deposit","html":"The minimum eligible deposit for 4.75% AER is USD 200,000. Lower amounts will earn 3.90% AER."},"why-esg-matter-01-6":{"name":"Biomimetics for Sustainable","anchor":"biomimetics-for-sustainable","html":"Biomimetics for Sustainable Developments—A Literature Overview of Trends, Jatsch et al., Biomimetics, 11 July 2023"},"mastercard-airport-lounge-access-premier-advance":{"name":"mastercard-airport-lounge-access-premier-advance","anchor":"mastercard-airport-lounge-access-premier-advance","html":"To activate your complimentary airport lounge access, you’ll need to make a cross-border transaction worth USD 1 or more with your card at least 72 hours beforehand. Your complimentary access will be activated for 3 months every time you make such a transaction while you have your credit card and account (subject to any limits that apply). From 1 May 2025, once the 3-month activation period has elapsed, your complimentary access will be limited to a maximum of 1 visit for the remainder of the calendar year, or until you make another qualifying transaction. If you don’t make any qualifying transactions, your complimentary lounge access will be limited to 1 visit per calendar year. You can see how many complimentary visits you have left on the Mastercard Travel Pass app."},"mastercard-airport-lounge-access":{"name":"mastercard-airport-lounge-access","anchor":"mastercard-airport-lounge-access","html":"To activate your complimentary airport lounge access, you’ll need to make a cross-border transaction worth USD 1 or more with your card at least 72 hours beforehand. Your complimentary access will be activated for 3 months every time you make such a transaction while you have your credit card and account (subject to any limits that apply). From 1 May 2025, once the 3-month activation period has elapsed, your complimentary access will be limited to a maximum of 2 visits for the remainder of the calendar year, or until you make another qualifying transaction. If you don’t make any qualifying transactions, your complimentary lounge access will be limited to 2 visits per calendar year. You can see how many complimentary visits you have left on the Mastercard Travel Pass app."},"aani":{"name":"aani","anchor":"aani","html":"AED 10,000 per day limit. Any changes to the limit will be communicated accordingly."},"premier-30-years":{"name":"premier-30-years","anchor":"premier-30-years","html":"As a feature of HSBC Premier in India, Premier customers who qualify for Premier in India can add their spouse and children up to the age of 30 years old who then can use Premier benefits as part of the single Premier family relationship. Beyond the age of 30 years, any family members classified as 'children' will need to qualify for Premier individually."},"cards-skywards-signature-welcome-offer":{"name":"cards-skywards-signature-welcome-offer","anchor":"cards-skywards-signature-welcome-offer","html":"Offer valid from 1 May 2025 to 30 September 2025 inclusive. For new customers, if your credit card application was approved on or after 1 May 2025, these T&Cs apply (PDF).\nFor existing customers, whose applications were approved on or before 30 April 2025, these T&Cs apply (PDF)"},"cards-skywards-infinite-welcome-offer":{"name":"cards-skywards-infinite-welcome-offer","anchor":"cards-skywards-infinite-welcome-offer","html":"Eligibility criteria and terms and conditions apply (PDF). Offer valid from1 October 2024 to 30 September 2025 inclusive."},"eligibility-subject-to-change":{"name":"eligibility-subject-to-change","anchor":"eligibility-subject-to-change","html":"This is subject to change based on your personal circumstances."},"investments-future-planner":{"name":"investments-future-planner","anchor":"investments-future-planner","html":"Future Planner is an illustrative tool/calculator available to UAE residents which helps you to set your goals as well as your financial profile. All products in this tool are generalised for simulation/illustrative purpose only without taking product suitability, personal risk tolerance and affordability into account. The results may differ from the actual product behaviour, including but not limited to return, risks, premium amount, payment term, cash value, and coverage. We do not represent or warrant that any movements provided in this simulation tool are likely to occur in the future, as past performance is not a reliable guide to future performance. Any projections shown in the tool are not guaranteed and may change at any time. The content in this illustrative tool does not constitute an offer, solicitation, advice, or personalised recommendation to sell, purchase or subscribe for any financial products of HSBC UAE. The information in this tool is general and does not take into account a person's individual circumstances, objectives or needs. Investments carry risk and values may go up as well as down. Before you make any investment decisions, you may wish to consult a financial adviser. You should not rely solely on this tool when making investment decisions and are encouraged to visit one of our branches or contact to your relationship manager. HSBC UAE accepts no liability for any loss arising from the use of this tool."},"premier-justwills":{"name":"premier-justwills","anchor":"premier-justwills","html":"This offer does not include court fees."},"premier-visa-guy":{"name":"premier-visa-guy","anchor":"premier-visa-guy","html":"Visa fees, appointment booking charges and insurance costs are excluded from this offer and must be paid separately. The discount is applicable only to The Visa Guy’s service fees. The Visa Guy team is not responsible for visa rejection and paid amount is not refundable."},"cards-credit-portability":{"name":"cards-credit-portability","anchor":"cards-credit-portability","html":"The international credit history facility is available only for selected countries: Australia, Brazil, Canada, Dominican Republic, India, Kenya, Mexico, Nigeria, Philippines, Spain, Switzerland and the US."},"cards-third-party":{"name":"cards-third-party","anchor":"cards-third-party","html":"Third party terms and conditions apply. Please visit our offers page for further information."},"premier-welcome-cashback":{"name":"premier-welcome-cashback","anchor":"premier-welcome-cashback","html":"Get AED 12,000 cashback if you open a Premier Account and deposit or invest AED 2 million or more with us. Or get AED 8,000 cashback if you open a Premier Account and deposit or invest AED 500,000 or more with us.
\nTo be eligible for the Premier deposit cashback, you must fund the account with the required balance within the first month and maintain it for 4 consecutive months.
\nGet AED 2,000 cashback if you transfer a monthly salary of at least AED 40,000 into your account.
\nWithin the first 3 months of your account opening date you must transfer an ongoing individual monthly net salary of AED 40,000 or more into your HSBC Premier Account and continue to meet the criteria for at least 2 consecutive months. If you're an Emirati, you can get AED 4,000 cashback when you transfer a monthly salary of AED 30,000 into your account.
\nYou must download and activate the HSBC UAE app within 30 days to be eligible for this offer.
\n"},"mastercard-benefits":{"name":"mastercard-benefits","anchor":"mastercard-benefits","html":"Offered by Mastercard and subject to their terms and conditions. Visit priceless.com for the latest updates on card benefits."},"bonusairmiles":{"name":"bonusairmiles","anchor":"bonusairmiles","html":"The bonus anniversary Points offer applies from the second year onwards. You must have paid the annual membership fee for the card to receive bonus Points, as shown in the Schedule of Services and Tariffs (PDF)"},"airmiles":{"name":"airmiles","anchor":"airmiles","html":"Earn 2.5 Points for every AED spent on travel, including airlines, hotels and card rental; 1.5 Points for every AED 1 spent in all currencies other than UAE Dirhams and on online purchases; and 1 Point for every 1 AED spent on all other spends."},"why-esg-matters-04-03":{"name":"Sustainable equity funds","anchor":"sustainable-equity-funds","html":"We use Morningstar’s data for sustainable fund flows, which they classified as ‘Sustainable Investment’. Morningstar defines a Sustainable Investment fund as a fund explicitly indicating any kind of sustainability, impact or ESG strategy in their prospectus or offering documents."},"why-esg-matters-04-02":{"name":"HSBC Global Investment Research","anchor":"hsbc-global-investment-research","html":"HSBC Global Investment Research compute climate stocks’ aggregate price performance using market-cap weight of companies in the HCSD, with at least 10% revenue exposure to climate-change related businesses. YTD performance data as of 16-October 2025."},"why-esg-matters-04-01":{"name":"HCSD","anchor":"hcsd","html":"The HSBC Climate Solutions Database aims to define an investment opportunity set within the global climate change space. The Database was launched in 2007 and currently consists of over 3,000 global companies across all major regions and markets. The climate exposure of companies in the Database is determined based on the proportion of revenues they derive from climate change-related solutions."},"why-esg-matters-04-05":{"name":" World Energy","anchor":"world-energy","html":"IEA – World Energy Investment 2025 – License: CC by 4.0"},"why-esg-matters-04-04":{"name":"Sustainable funds","anchor":"sustainable-funds","html":"Sustainable funds invest in a wider universe of stocks than the climate stocks in the HCSD."},"why-esg-matters-03-06":{"name":"The Cost of Music","anchor":"the-cost-of-music","html":"The Cost of Music, Kyle Devine, the University of Oslo, Dr Matt Brennan, the University of Glasgow. 2019."},"why-esg-matters-03-07":{"name":"G Kamiya","anchor":"g-kamiya","html":"G Kamiya, The carbon footprint of streaming video: fact-checking the headlines, IEA, 11 December 2020."},"why-esg-matters-03-08":{"name":"The Carbon Trust","anchor":"the-carbon-trust","html":"The Carbon Trust, Carbon impact of video streaming, 2021."},"why-esg-matters-03-09":{"name":"Spotify Technology","anchor":"spotify-technology","html":"Spotify Technology S.A., Impact Report 2023."},"why-esg-matters-03-10":{"name":"The Carbon Trust","anchor":"the-carbon-trust","html":"The Carbon Trust, Carbon impact of video streaming, 2021."},"why-esg-matters-03-11":{"name":"The Carbon Trust","anchor":"the-carbon-trust","html":"The Carbon Trust, Carbon impact of video streaming, 2021."},"why-esg-matters-03-12":{"name":"D Flakes et al","anchor":"d-flakes-et-al","html":"D Flakes et al, What You Should (and Shouldn’t) Do to Extend Your Phone’s Battery Life, NY Times, 25 February 2016."},"worldtrader-superstart26-cashback":{"name":"worldtrader-superstart26-cashback","anchor":"worldtrader-superstart26-cashback","html":"The 3,500 investment fee cashback amount shown is for illustration purposes only. This example is based on a lump sum investment of USD 200,000 in mutual funds, with a 2% transaction fee. Actual cashback may be higher or lower depending on your selected investment product, applicable transaction fees and the amount you invest. This communication does not constitute investment advice. All investments carry risk. For full details, please read the offer terms and conditions (PDF)."},"why-esg-matter-2-3":{"name":"Government of Ireland","anchor":"government-of-ireland","html":"Government of Ireland, Ireland’s National AI Strategy: AI - Here for Good, October 2024"},"why-esg-matter-2-4":{"name":"PwC, Sizing the prize","anchor":"pwc-sizing-the-prize","html":"PwC, Sizing the prize: What’s the real value of AI for your business and how can you capitalise?, 2017"},"why-esg-matter-2-1":{"name":"Artificial Intelligence Index Report 2025","anchor":"artificial-intelligence-index-report-2025","html":"Artificial Intelligence Index Report 2025, Stanford University Human-Centered Artificial Intelligence"},"why-esg-matter-2-2":{"name":"Raising ambition and accelerating","anchor":"raising-ambition-and-accelerating","html":"Raising ambition and accelerating delivery of climate finance. Independent High-Level Expert Group on Climate Finance. November 2024"},"why-esg-matter-2-5":{"name":"National Engineering","anchor":"national-engineering","html":"National Engineering Policy Centre, Engineering Responsible AI: Foundations for Environmentally Sustainable AI, February 2025"},"worldtrader-premier-eligibility":{"name":"worldtrader-premier-eligibility","anchor":"worldtrader-premier-eligibility","html":"To qualify for an HSBC Premier Account, you'll need to maintain a Total Relationship Balance with us of AED 500,000 in deposits and/or investments – or meet one of the other Premier eligibility criteria. For more information, learn more about HSBC Premier Account."},"worldtrader-lombard-lending-eligibility":{"name":"worldtrader-lombard-lending-eligibility","anchor":"worldtrader-lombard-lending-eligibility","html":"Available to Premier and Private Bank customers who meet the eligibility requirements. For more information, visit our Lombard lending page."},"why-esg-matters-04-06":{"name":"Solar PV","anchor":"solar-pv","html":"IEA – Solar PV"},"fip-interest-rates":{"name":"fip-interest-rates","anchor":"fip-interest-rates","html":"Interest rates will depend on your individual circumstances and the plan term."},"supplementary-card-benefits":{"name":"supplementary-card-benefits","anchor":"supplementary-card-benefits","html":"Please refer to your card’s Terms and Conditions for full details on benefits.
\nSilver Tier status applies only to the primary cardholder of the HSBC Emirates Skywards Infinite Card.
\nSupplementary credit cardholders may access Visa or Mastercard benefits, subject to meeting the minimum spend requirements set by Visa or Mastercard.
\n"},"free-shares":{"name":"free-shares","anchor":"free-shares","html":"Coca-Cola (KO) share price is USD 78.28, as of 4 May 2026. Source: WorldTrader platform. Stock price can fluctuate on a daily basis, and the dollar value of the gift can change."},"international-credit-card-opening":{"name":"international-credit-card-opening","anchor":"international-credit-card-opening","html":"You'll be eligible to use your international credit history if you've previously lived in and have a credit history in a selected number of countries. T&Cs apply."},"points-offer-breakdown":{"name":"points-offer-breakdown","anchor":"points-offer-breakdown","html":"Get 200,000 Points when you meet the spend requirements, 30,000 Points when you use your card in your mobile wallet, 50,000 Points when you apply for a supplementary card and use it for one transaction, and 50,000 Points when you make a non-AED transaction that's equivalent to 500.
\nAvailable on primary card only. You can't have a primary card when you apply or in the 6 months before applying.
\n"},"igma-two-statements":{"name":"igma-two-statements","anchor":"igma-two-statements","html":"You will receive 2 statements: 1) a composite statement summarising all your HSBC accounts; and 2) a detailed Global Money account statement covering all your currency transactions and balances."},"igma-existing-features":{"name":"igma-existing-features","anchor":"igma-existing-features","html":"Enhanced features apply to new accounts opened via the HSBC UAE mobile app. Existing Global Money Account holders will retain their current product features until migration."},"igma-auto-debit":{"name":"igma-auto-debit","anchor":"igma-auto-debit","html":"Please keep your AED currency of the Global Money Account topped up at all times. If there are insufficient funds in the relevant currency wallet during a transaction, the balance will automatically be taken from your AED currency. This will ensure your transaction is not declined. Transactions will be declined if you have insufficient funds in AED, even if you have funds available in other currencies."},"igma-chinese-yuan":{"name":"igma-chinese-yuan","anchor":"igma-chinese-yuan","html":"CNY is treated as an unsupported currency when purchasing using a Global Money Debit Card. This means if you have funds in your Global Money CNY wallet, it will not be debited during the card transaction, but will instead pull money if any, from the Global Money AED currency. You can withdraw money from any ATM that supports Visa around the world. It doesn't have to be an HSBC ATM. HSBC UAE won't charge you a transaction fee, but some overseas ATM operators including other HSBC entities might levy surcharges. These may be displayed on the screen when you make the withdrawal."},"premier-elite-talise-spa":{"name":"premier-elite-talise-spa","anchor":"premier-elite-talise-spa","html":"Offer is valid exclusively for Premier Elite customers. Full payment must be made using an eligible HSBC card. Advance booking is required and subject to availability. Packages are valid for 3 months from the date of purchase, non-refundable, and cannot be exchanged for cash. Programmes may be shared with one additional guest when both guests receive treatments simultaneously and the cardholder completes payment. Complimentary treatments are pre-defined and non-exchangeable. Retail discounts apply to selected items only and can't be combined with other promotions. Longevity equipment, specialised wellness technologies, and third-party partner services are not included in this offer. Offer is not valid in conjunction with any other discounts, vouchers or promotions. Blackout dates apply. Talise Spa reserves the right to amend or withdraw the offer at its discretion. Standard spa policies and cancellation terms apply. Identification and eligibility verification may be required at the time of redemption."},"premier-elite-fee-waiver":{"name":"premier-elite-fee-waiver","anchor":"premier-elite-fee-waiver","html":"The annual fee waiver (excluding VAT) will be credited to your Premier Elite account as a cashback. This offer is only for new to bank Premier Elite customers who meet the eligibility criteria set out in HSBC New Customers (Premier Elite) - HSBC Emirates Skywards Infinite Annual Fee Waiver Cashback Offer Campaign Terms and Conditions. Offer valid from 11 May 2026."},"superstart26-premier-salary-cashback":{"name":"superstart26-premier-salary-cashback","anchor":"superstart26-premier-salary-cashback","html":"Within the first 3 months of your account opening date you must transfer an ongoing individual monthly net salary of AED 40,000 (AED 30,000 if you're an Emirati) or more into your HSBC Premier Account and continue to meet the criteria for at least 2 consecutive months."},"superstart26-premier-trb-cashback":{"name":"superstart26-premier-trb-cashback","anchor":"superstart26-premier-trb-cashback","html":"To be eligible for the cashback, you must fund the account with the required balance within the first month and maintain it for 4 consecutive months."},"pro-investor-limit":{"name":"pro-investor-limit","anchor":"pro-investor-limit","html":"Access to foreign domiciled funds, US options, complex or leveraged exchange traded funds and structured products is limited to clients classified as 'professional investors'."},"premierfee":{"name":"premierfee","anchor":"premierfee","html":"If you do not meet the Private Bank, Premier or Advance eligibility requirements then we reserve the right, at our discretion, to charge you a service fee up to the point we convert your account into an Advance or Personal Banking account, as applicable. Fees and charges apply as outlined in our Schedule of Services and Tariffs (PDF), including HSBC Personal Banking Terms and Conditions (PDF)."},"igma-conversion-fees":{"name":"igma-conversion-fees","anchor":"igma-conversion-fees","html":"Use the card with zero foreign currency processing fees on supported currencies (20 currencies you can hold as part of the multi currency account). Transactions in unsupported currencies will be charged a foreign currency processing fee and standard processing fee, as detailed in the Schedule of Services and Tariffs (PDF). Other banks' ATMs (including HSBC ATMs outside UAE) may charge an ATM fee on cash withdrawals."},"mastercard-airport-lounge-access-advance-premier":{"name":"mastercard-airport-lounge-access-advance-premier","anchor":"mastercard-airport-lounge-access-advance-premier","html":"To activate your complimentary airport lounge access, you’ll need to make a cross-border transaction worth USD 1 or more with your card at least 72 hours beforehand. Your complimentary access will be activated for 3 months every time you make such a transaction while you have your credit card and account (subject to any limits that apply). From 1 May 2025, once the 3-month activation period has elapsed, your complimentary access will be limited to a maximum of 1 visit for the remainder of the calendar year, or until you make another qualifying transaction. If you don’t make any qualifying transactions, your complimentary lounge access will be limited to 1 visit per calendar year. You can see how many complimentary visits you have left on the Mastercard Travel Pass app."},"ews-no-trb":{"name":"ews-no-trb","anchor":"ews-no-trb","html":"For employees of companies listed with our Employee Workplace Solutions programme, you don’t need to maintain a Total Relationship Balance of 125,000 if you transfer a monthly salary of at least 12,500."},"premier-offer-qualifying-transactions":{"name":"premier-offer-qualifying-transactions","anchor":"premier-offer-qualifying-transactions","html":"Any one or a combination of the following transactions can be used to meet the minimum amount of 12,000 (or equivalent in another currency):
\n