The Group serves customers worldwide from over 6,100 offices in 73 countries and territories in Asia, Europe, North and Latin America, and the Middle East and North Africa. As well they have a website and mobile banking. HSBC provide commercial banking, global banking and markets, global private banking, retail banking and wealth management. Their service is global.
HSBC has a $290.1 billion in total assets. They have been in business for 150 + years and are providing services in 73 different countries for:
This bank is great with availability for those that love to travel or for businesses that are or want to be global. Their many services make it easy to transfer and use money in 73 countries around the world, even in Hong Kong China where business is thriving. They also provide many accounts with the option of gaining higher APY with checking and saving accounts either with personal or business.
They are a global company which are not in the best interest for consumers that are going to stay in one area for the rest of their lives. The two branches are found in New York and Illinois. There are a lot more service fees available with this company but unnecessary for everyday banking.
There are the same fees that are found with other banks except for the domestic collections which means that a fee will be charged for a collection of a check drawn against a US institution instead of depositing it in HSBC account or if you authorize another institution to close HSBC account. There seem to be more fees with this global bank because there are more services given than other banks.
They have higher APY for savings accounts only if you get their Advanced online saving account or their premier savings account and have more than 25,000 in them.