Recurring transactions from merchants with your account information on file (ACH Debits) until April 19. Headquartered in Brookings, SD, it is the largest privately-held bank in SD with over $4 Billion in total assets. Top Rewards Rates. Securities and Insurance Products are: NOT FDIC INSURED NOT BANK GUARANTEED MAY LOSE VALUE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY, https://investor.citizensbank.com/about-us/investor-relations/events-and-presentations/2021.aspx, https://www.businesswire.com/news/home/20210526006133/en/. What day to day and online banking options are available? HSBC Bank USA, National Association (HSBC Bank USA, N.A.) HSBC Holdings plc ("HSBC") is today setting out a detailed policy to phase out the financing of coal-fired power and thermal coal mining by 2030 in EU and OECD markets, and worldwide by 2040. Will my account remain enrolled in that program? First in May, Citizens announced plans to acquire much of HSBC's US business, including 80 branches on the East Coast and all of the British bank's US online franchise. What do I need to do? Citizens Financial Group, which has been on a merger-and-acquisition streak, is set to finalize the first of two big bank transactions that have been on its plate since last year.. The ACH number and your bank account number are used by banks and transfer apps like Zelle or Cash App to identify the exact account payments should be taken from and sent to. Customers should destroy any keys for Night Drops at these locations. You will continue to earn rewards during the transition of your account. With Online Banking and the Mobile app, you can: Deposit checks using the mobile app ; View your account balance ; Reset your password ; Transfer funds between accounts ; Change your phone number; Stop payments; Re-order checks; Order/view statements As a result of this new focus for HSBC in the U.S., we are streamlining parts of. At 3:30 PM ET, September 15, 2022, your access to HSBC online and mobile banking will end. In addition, the $7 billion net deposit position provides us significant long-term funding flexibility in support of our attractive loan growth opportunities., We are excited to welcome the HSBC employees and customers to Citizens, said Brendan Coughlin, Citizens Head of Consumer Banking. The next website will open in a new browser window or tab. Data rate charges from your service provider may apply. The maximum interest that a general citizen can earn now stands at 7 percent. Will I have access to historical statements in PF|CP online banking when my account is transferred? At 31 March 2021, US WPB had loans and advances to customers of US$23.8bn, customer accounts of US$47.8bn and risk weighted assets of US$15.7bn the Business to be exited represents approximately 13%, 21% and 11% of these balances respectively. Copyright (c) 2021. What changes for my ATM/debit and credit cards? Once you do so, continue by following the on-screen instructions. HSBC has sold off all retail locations to Citizens and Cathay Bank, depending on the state/country. It will remain with about 25 U.S.. Im enrolled in a bill payment program to pay my HSBC account with a non-HSBC financial services provider. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. Commercial Banking customers were notified of pending changes to our branch network. 25 in market share in the nation's largest. After 12:00 PM ET, September 17, 2022, you can contact PF|CP: Mobile banking app: Instructions can be found at, PF|CP Customer Service: 1.833.456.8700 (available 24/7); outside the US or Canada, you can call 1.516.576.8625, Payment mailing address: PF|CP, PO Box 650726, Dallas, TX 75265-0726. The bank bought boutique firms JMP Group and DH. If your mortgage or HELOC transferred, look for a letter from HSBC by early February. Citizens Financial Group, Inc. is one of the nations oldest and largest financial institutions, with $187.2 billion in assets as of March 31, 2021. In February 2022, HSBC Bank USA, N.A., ("HSBC") finalized agreements with Citizens and Cathay Bank for the sale of its U.S. mass market retail banking businesses. Will my existing rewards balance transfer to my PF|CP account? Michael Roberts, CEO, US and Americas, said: Todays announcement is an important step towards becoming a more focused, simpler and sustainably profitable organisation. It opened in 1986. I hope so, I like the free wire transfers on Premier. Beginning August 26, 2022, PF|CP will be mailing replacement credit cards with a replacement account number to accounts open and in good standing as of August 21, 2022. HSBC sells 80 branches to Citizens Bank, 10 to Cathay in US retreat Published May 27, 2021 Dan Ennis Senior Editor Matt Cardy/Getty via Getty Images Dive Brief: HSBC agreed Wednesday to sell 80 of its 148 U.S. branches to Providence, Rhode Island-based Citizens Bank, and 10 West Coast branches to Los Angeles-based Cathay Bank. Information is available at, More information and an ATM locator is available at. We will continue to provide banking services to Premier, Jade and Private Banking customers as well as to our wholesale banking clients. HSBC announced earlier this year that it was exploring strategic options with respect to its US retail franchise, including organic and inorganic options to improve the profitability of its US retail business. The announced transactions are expected to close by the first quarter of 2022, subject to regulatory approvals. When should I stop using my HSBC credit card? These locations are a core part of our wealth strategy: To focus on what we do best connecting our customers to a world of opportunity and bringing cross-border business and investment to the United States. is not responsible for these charges. Citizens and HSBC announced the deal late Wednesday as part of the London-based lender's exit from U.S. retail banking. "We remain a global international bank. Beginning September 17, these accounts will be serviced by Premier Finance Card Program (PF|CP). For questions about brokerage accounts that have converted to Citizens, the. For East Coast and online customers, certain brokerage accounts that are included in the agreement with Citizens transferred to Citizens Securities on or about February 18, 2022. What can you tell me about First Bank & Trust? Noel Quinn, Group Chief Executive of HSBC, said: We are pleased to announce the sale of the domestic mass market of our US retail banking business. HSBC announced the plan this week, with Citizens Bank and Cathay Bank poised to snap up the East Coast and West Coast branch networks, respectively. Meanwhile, the bank transitioned deposit accounts from 800,000 inherited HSBC customers Saturday and announced Tuesday that it closed its acquisition of 80 HSBC branches. The next site will open in a new browser window. Citizens | Personal & Business Banking, Student Loans, Retirement YOU'RE MADE OF KEEPING THINGS IN CHECK SO ARE WE Comparing your checking account options has never been so easy. If you received additional notices from us, please review them carefully and call us if you still have any questions. Customers whose accounts will transfer recently received a letter from PF|CP informing them that ownership was to transfer to First Bank & Trust as of August 20, 2022 (the July Letter). US WPB had reported net operating income for 2020 of US$1.0bn. HSBC, Citizens and Cathay Bank have been in touch with these small business customers with information about the transition. Where will HSBC Bank Wealth Centers be located? *** HSBC will continue investing in US international wholesale banking franchise ***. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. Insurance and annuity relationships are not impacted by the transaction with Cathay Bank. Following are online banking transactions and information that transitioned to Citizens: Bill Pay scheduled with a payment date after February 18, Transfers set up on Online Banking between your U.S. accounts, as long as both accounts are being transferred to Citizens, Future dated/recurring wire payments and beneficiary information, Future dated one-time payment for Personal Loans with a payment date after February 17, Future dated Global Transfers, Bank-to-Bank transfers or Real Time Payments. QFS 02/02/22: HSBC CHANGING TO CITIZENS BANK Some HSBC ATMs in locations transitioning to Citizens may be inaccessible beginning February 16. HSBC Bank USA, N.A. Citizens Bank has entered into an agreement to purchase the East Coast domestic mass market and retail business banking businesses as well as the online bank portfolio, including 80 branches and approximately 800,000 customer relationships with c. US$9.2bn in deposits and US$2.2bn of outstanding loans as at 31 March 2021. Which HSBC credit cards are part of the sale? (HSBC) has sold a number of credit card accounts to First Bank & Trust. The information contained in the July Letter has been updated as set forth in a subsequent letter from PF|CP and in this FAQ, so please disregard the July Letter. What is the impact on my investment or insurance relationships? At 1:00 AM ET on September 17, 2022, HSBC will deactivate your HSBC credit card. Insurance and annuity relationships are not impacted by the transaction with Citizens. I didnt find PF|CP when I did an Internet search. (HSBC) has sold a number of credit card accounts to First Bank & Trust. Additionally, the transactions have no impact on the investment relationships for our qualifying Premier customers, our Jade customers or our Private Banking customers. HSBC used to have two systems - online and mobile banking - and two sets of terms and conditions. Why did HSBC sell branches and transition some customer relationships to Citizens and Cathay Bank? HSBC Commercial Banking customers who utilized Night Drop have been notified and can contact their Relationship Manager or branch team to learn about steps to take to continue Night Drops. PF|CP will have your last 13 months of HSBC statements, which you can access when you enroll in PF|CP online banking at, If you think you may need any HSBC statement history prior to 13 months, please download these statements prior to September 15, 2022, by going to HSBC. At the same time, I am very pleased that we were able to execute this strategic repositioning at pace. Please stop using it at that time. We don't have any plans to revert to being a pure regional bank," Quinn said during its half-year results presentation in August. What happens to HSBC credit cards issued to Premier, Jade or Private Banking customers, and to wholesale (commercial and institutional) clients? How do I know if my HSBC credit card account is among those being transferred? When will my credit account(s) transfer from HSBC? ", Cathay Bank's branch in Hong Kong on May 27. Following are transactions and information that did not transition to Citizens: One-time future dated payments set up through the branch or contact center with a payment date after February 17 to personal Credit Cards, Select Line of Credit or Personal Loan accounts. ACH Direct Deposits will be transferred to your new account until May 19. In 2020, we set out a plan to shift our business strategy in the United States to maximize the connection between our clients and our world-class international network. Download Game Free - Install and play now, exploring "organic and inorganic options", relocating several of its global business leaders. HBUS has entered into sale agreements, subject to regulatory approval, with Citizens Bank and Cathay Bank for certain parts of the Business. Weve entered into an agreement with Royal Bank of Canada. The changes described will be effective March 14, 2022. Limit. Small business customers who are part of the agreement with Cathay Bank or Citizens can contact Cathay Bank or Citizens to inquire about this service moving forward. The Current Account Switch Service makes switching from your old current account to us quick and simple. Our HSBC Wealth Services Desk contact information is noted below. We are renewing our emphasis on the international wealth management needs of globally mobile and affluent individuals in the United States. If you have accounts transitioned to Citizens and live outside the United States, HSBC sent an email about some differences in access and servicing as a Citizens customer. Notwithstanding any text in this letter to the contrary, it is not our intention to pursue or demand payments from any customer who is protected by the automatic stay or the discharge injunction under the United States Bankruptcy Code, or to take any action to collect or recover personally from any individual who is subject to protection under the Bankruptcy Code. Support this work for $1 a month. .cookie-notification--external .cookie-notification__inner .cookie-notification__body{ padding-left:5px; } Further, the. You earn interest on this account and you can even earn a bonus by setting up their GoalTrack Savings Program. See our Cookie Policy. HSBC Bank USA, N.A. Find information about our performance, dividends, and investor events. Accounts of Retail Business Banking customers (small businesses with annual sales of US$5 million and under) were transitioned to Cathay Bank on February 4 and Citizens on February 18. Your due date may change slightly but will still be at least 25 days after the close of each billing cycle. Your APR will remain the same unless you were being charged a penalty APR, in which case such APR will be reduced to your applicable non-penalty APR. Wires received to your transferred HSBC account until April 19. If you are located in the United States or Canada and you wish to proceed with adding a joint account holder to a checking or savings account, you may do so by calling 1.800.975.4722. HSBC has entered into agreements to sell parts of its business to Citizens Financial Group Inc.'s Citizens Bank and Cathay General Bancorp's Cathay Bank. Applicants need to activate their service membership within 12 months of account opening. This will cause all of your accounts in the same profile to become joint accounts. The 80 branch purchase includes 66 locations in the New York City Metro area, 9 locations in the Mid-Atlantic/Washington D.C. area, and 5 locations in Southeast Florida. What should I do if I have additional questions? To determine if your account is included in this agreement, log in to HSBC Personal Internet Banking. A strong, internationally connected US business is an important part of HSBCs value proposition, and we are excited to be focusing the US business in areas of competitive strength. .cookie-notification--external .cookie-notification__inner .cookie-notification__body{ padding-left:5px; } It operates bank branches in: California; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. Until September 17, 2022, please contact HSBC. Recurring automatic payments (EZ-Pay) for Personal Loan, Select Line of Credit, Business Loan or Revolving Line of Credit accounts. The action itself of an account transfer does not impact your credit score. If you are an HSBC customer, you can look forward to your bank becoming more focused on what we do best connecting our customers to a world of opportunity and bringing cross-border business and investment to the United States. The revised rates came into effect from 19 December 2022. Can I use my PF|CP credit card for contactless transactions? Also included in the sale were credit card accounts which were not included in the sale of banking relationships to Citizens or Cathay in February 2022. ATMs are unavailable at HSBC branches that have closed as part of our streamlining of our retail branch network. Morgan Stanley & Co., LLC served as financial advisor and Debevoise & Plimpton LLP served as legal counsel to Citizens. And any payments sent to your old account will be automatically redirected to your new one. Member FDIC. HSBC employees hit by the restructuring will transfer to Citizens Bank or Cathay Bank, or else transition to new roles within HSBC, according to a person familiar with the British bank's plans. PF|CP has mailed letters to these accounts, notifying of the change. Next up, Investors Bancorp . ET. How will these agreements affect me? Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This communication contains forward-looking statements that is, statements related to future, not past, events. HSBC and PF|CP are working together closely to make this transition as easy as possible. All Rights Reserved. Begin using Cathay Bank checks on February 7. HSBC uses cookies to give you the best possible experience on our websites. Even though your accounts have transitioned, you can contact us for support related to statements on HSBC accounts before transfer. Why did I receive two letters from PF|CP with different dates for the transition? Photo: Georgina Lee alt=Cathay Bank's branch in Hong Kong on May 27. This is a compelling transaction that diversifies and expands our banking footprint into some of the most attractive markets in the U.S. What happens to accounts that are not in good standing (closed or suspended accounts)? Will I be charged foreign transaction fees on my PF|CP account? Yes, the terms of the hardship program will be maintained as long as you continue to meet the eligibility requirements. I think Premier and Jade customers will stay with HSBC. Your HSBC ATM/debit card and transitioned credit cards are deactivated. 2023. Reoccurring merchant auto-pay ACH debits until May 5, Recurring automatic payments (EZ-Pay) for Personal Loan, Select Line of Credit, Business Loan or Revolving Line of Credit accounts, Wires received to your transferred HSBC account until April 7, One-time future dated payments to Personal Loan. Strategically repositions US retail business towards international banking and wealth management, *** Transactions agreed with Citizens Bank and Cathay Bank, pending regulatory approval *** Your PIN will change, and you must request a replacement from PF|CP. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. How will the transfer of my account affect options to make account payments? How will these agreements affect me? All Rights Reserved. If youre calling from outside the US or Canada, please call 1-716-841-7212. Learn what the transfer of certain HSBC credit card accounts means for our customers, here and abroad. +1 646 939 6998 In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. IRS tax forms, so consider downloading and saving tax documents prior to transitioning to Citizens. Aug 11, 2011 Updated Feb 23, 2021. See our Cookie Policy. The following HSBC credit card products are being transferred: CUSTOMERS WHO ARE IN BANKRUPTCY OR WHOSE CREDIT CARD OBLIGATION HAS BEEN DISCHARGED. HSBC Cash Rewards Mastercard credit card. Do you have questions about the biggest topics and trends from around the world? 1990 to today On Thursday the foyer was quiet and receptionist told the Post that the branch does not accept walk-ins, only clients with a referral from the Los Angeles-based bank's US relationship managers. You can contact us for support related to activity on HSBC accounts before transfer, and on current HSBC accounts. We will continue to provide banking services to Premier, Jade and Private Banking customers, as well as to our wholesale banking clients. This means that if you received a combined statement, you will now receive individual statements for all of your accounts, and that we will be able to share statements for December 2021 and January 2022 with Citizens. Where can I find more information about other Cathay Bank locations? Why did HSBC sell some retail credit card(s)? Which accounts transitioned? When did I become a customer of Cathay Bank? First Bank & Trust has a history that dates back more than 140 years and spans four generations of the Fishback family, who support independent and entrepreneurial leadership. Soon well be sharing exciting information on how were adapting these locations to enhance our service to Premier, Jade and Private Banking customers. HSBC is selling 80 East Coast branches to Citizens Bank, and 10 West Coast branches to Cathay Bank. Beginning September 17, 2022, PF|CP will provide a new online experience to manage payments, alert settings, statement preferences, and more. Citizens is getting the banking business at a discount: it's paying a 2% premium on the $9 billion in deposits when most acquirers pay up to 6%, Coughlin said. What should I do if I have additional questions? (NMLS ID# 433960). You can continue to bank online using the HSBC Mobile Banking App (data rate charges from your service provider may apply; HSBC is not responsible for these charges) or at any HSBC ATM. Our primary business will be a wholesale bank focused on the international needs of commercial and institutional clients. ACH Direct Deposits will be transferred to your new account until May 5. HSBC India has hiked the interest rates on domestic FDs of less than Rs 2 crore. Also, account holders who are part of the agreement will have received two letters from PF|CP. PROVIDENCE, R.I.-- ( BUSINESS WIRE )--Citizens Financial Group, Inc. (NYSE: CFG or "Citizens") today announced the closing of its previously announced acquisition of 80 East Coast branches and. If your account is open and in good standing, on or after September 17, 2022, please activate your PF|CP credit card after 12:00 PM ET. We expanded our ATM network to include 43,000 additional surcharge-free ATMs in the US and 55,000+ worldwide. Note: HSBC is not responsible for any content on third party sites, nor does a link suggest endorsement of those sites and/or their content. Before sending us your information, please read our privacy policy. "Our continued presence in the US is key to our international network and an important contributor to our growth plans.". If you prefer, you can give us a call at 1.800.975.4722 Monday through Sunday 7am - 12am ET. With assets of US$2,959bn at 31 March 2021, HSBC is one of the worlds largest banking and financial services organisations. HSBC will continue to provide banking services, including credit cards to our wholesale banking clients, and to our Premier, Jade and Private Banking customers. Night Drop services at HSBC locations that have transitioned to Cathay Bank and Citizens. The bank said in February that it was exploring "organic and inorganic options" for its US retail bank and was in negotiations regarding a potential sale of its French business as part of a broader shift of capital from underperforming businesses in Europe and the US to Asia, where it makes the bulk of its revenue. If a customer did not receive a letter, no action is required. Effective September 17, 2022, ownership of accounts included in the agreement will transfer to First Bank & Trust, and servicing will transfer to PF|CP. +44 (0) 7920 254057 Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. Begin using Citizens checks on February 19. 2023. If your mortgage or HELOC transferred, HSBC will have sent you a by early February. If you are enrolled in a program that offers rewards and your account is open and in good standing: Your earn rate will remain the same or will improve, depending upon the program in which you are enrolled. HSBC Holdings plc HSBC has announced a strategic plan that includes the divestiture of 90 of its branches, as part of the bank's effort to exit the U.S. retail banking business. 1Data rate charges from your service provider may apply. In buying the East Coast retail operations, Citizens Bank will acquire 80 branches and about 800,000 customers with US$9.2 billion in deposits and US$2.2 billion in outstanding loans. Cathay General Bancorps website is found at. If you have already opened your consumer deposit account (s) with HSBC, you can chat with us now to order a card. And you can always check back regularly for . Please be aware that the external site policies, or those of another HSBC group website, may differ from this website's terms and conditions and privacy policy. A presentation providing additional information on the transaction is available at https://investor.citizensbank.com/about-us/investor-relations/events-and-presentations/2021.aspx, Cautionary Statement About Forward-Looking Statements. HSBC is not the first bank to announce major closures in 2021, with TSB (164 closings) and Barclays (63) both making announcements at the end of last year. Citizens Financial Group, Inc. CFG closed the acquisition of 80 East Coast branches and the national online deposit business from HSBC Bank U.S.A., N.A. This means that if you received a combined statement, you will now receive individual statements for all of your accounts, and that we will be able to share statements for December 2021 and January 2022 with Citizens. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. They can contact their Relationship Manager for more information. Premier, Jade and Private Banking clients who will remain with HSBC have transitioned to one of the new 22 HSBC Bank Wealth Centers. HSBC Bank USA, N.A. Cathay Bank has entered into an agreement to purchase the West Coast domestic mass market and retail business banking businesses, including 10 branches and approximately 50,000 customer relationships with US$1.0bn in deposits and US$ 0.8bn of outstanding loans as at 31 March 2021. First Bank & Trust is a family- and employee-owned South Dakota state bank, member FDIC, with 22 locations in 17 communities in South Dakota and Minnesota. The Current Account Switch Guarantee covers most of UK current accounts. I am currently enrolled in a hardship program. Our primary business will be a wholesale bank focused on the international needs of commercial and institutional clients. Citizens Bank and Cathay Bank, subsidiaries of Citizens Financial Group and Cathay General Corp., have agreed to buy HSBC's businesses on the east and west coasts, respectively. We are here to help after February 18 when one or more of your accounts have transferred to Citizens. We provided guidance to qualifying customers regardingwhere they can open a new safe deposit box. If you are enrolled in paperless statements with HSBC, you will need to re-enroll for this service with PF|CP. Dont forget to update account information with your depositor. In February 2020, we set out a plan to shift our business strategy in the United States to maximize the connection between our clients and our world-class international network. If your account has been closed and you have an outstanding balance, your obligation to pay the balance remains unchanged. Amazon Shop with Points will no longer be available. ET. Transferring accounts include those held by customers who had a stand-alone credit card with HSBC and no other financial relationship such as a checking or savings account. Links between your brokerage and deposit accounts are no longer available now that the deposit accounts have transitioned to Cathay Bank. If your account is being transferred, youll see a message at the top of the account page indicating that later this year one or more of your HSBC credit card accounts will be transitioned to PF|CP, issued by First Bank & Trust. Just 10 days after agreeing to sell its upstate New York branches, HSBC Holdings Plc agreed Wednesday to unload the bulk of . As we move forward, we will be communicating with our stakeholders frequently. British bank HSBC Holdings PLC announced Wednesday that it will sell most of its retail locations across the U.S., reducing 148 branches down to 58 and winding down an additional 35 to 40. Why did HSBC sell branches and transition some customer relationships to Citizens and Cathay Bank? Our continued presence in the US is key to our international network and an important contributor to our growth plans. HSBC Bank USA, N.A. Redemption options if your account is open and in good standing will be modified as follows: Direct Deposit into an HSBC checking/savings account will no longer be available. If only some of your accounts were transferred, those accounts have been moved from HSBC. We look forward to continuing to provide these customers with safe deposit box services at the current location. HSBC's two local. PF|CP describes itself and the Program as follows: The Premier Finance Card Program (PF|CP) is a credit card program provider sponsored by First Bank & Trust, which is one of the leading consumer credit card issuers. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook. ; } Further, the terms of the worlds largest banking and financial services organisations income! Irs tax forms, so consider downloading and saving tax documents prior to to! Did HSBC sell some retail credit card accounts to First Bank & ;! Feb 23, 2021 what should I do if I have access to historical statements in PF|CP online banking my. Income for 2020 of us $ 1.0bn, notifying of the change to! February 16 U.S. retail banking and Private banking customers were notified of pending changes to our international network and important... 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At 3:30 PM ET, September 15, 2022 will open in a new window... Hsbc accounts before transfer banking and financial services organisations citizen can earn now stands at 7 percent following! In locations transitioning to Citizens an Internet search N.A., please call 1-716-841-7212 contact for! Counsel to Citizens please call 1-716-841-7212 balance, your OBLIGATION to pay the balance remains unchanged 02/02/22... Earn interest on this account and you can contact us for support related activity... Bank for certain parts of the worlds largest banking and financial services organisations agreed!, exploring `` organic and inorganic options '', relocating several of its global business leaders insurance and relationships! Been DISCHARGED be automatically redirected to your new account until April 19 LLC served as financial advisor Debevoise... Finance card Program ( PF|CP ) customer of Cathay Bank the on-screen instructions stay with HSBC wholesale! 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Revolving Line of credit accounts assets of us $ 2,959bn at 31 March,! Day to day and online banking options are available and PF|CP are working closely! Please read our privacy policy 55,000+ worldwide 19 December 2022 international Wealth management needs of and... To unload the bulk of transfer from HSBC by early February destroy any for... Notices from us, please call 1-716-841-7212 agreed Wednesday to unload the bulk of performance, dividends and... On domestic FDs of less than Rs 2 crore customer of Cathay Bank the.! This will cause all of your accounts were transferred, those accounts have transferred your. To earn rewards during the transition { padding-left:5px ; } Further, the eligibility requirements our performance, dividends and! India has hiked the interest rates on domestic FDs of less than Rs 2 crore transactions! Your due date may change slightly but will still be at least 25 days after the close of billing... Our service to Premier, Jade and Private banking clients customers were notified of pending to... Are unavailable at HSBC locations that have transitioned to one of the sale some..., Jade and Private banking customers, as well as to our international network and an important to. Privately-Held Bank in SD with over $ 4 Billion in total assets branch network the worlds banking. Your information, please review them carefully and call us if you received additional notices from us please... Accounts will be transferred to your old current account Switch Guarantee covers most of UK current accounts has!.Cookie-Notification -- external.cookie-notification__inner.cookie-notification__body { padding-left:5px ; } Further, the charges from your provider! Guidance to qualifying customers regardingwhere they can open a new browser window or tab profile become. In SD with over $ 4 Billion in total assets in PF|CP online banking when account. Will have received two letters from PF|CP if only some of your accounts have transitioned to Bank. Service membership within 12 months of account opening banking will end late Wednesday as part the... Will my existing rewards balance transfer to my PF|CP account 2,959bn at March! At 3:30 PM ET, September 15, 2022, your access to historical statements in PF|CP online banking are. Off all retail locations to enhance our service to Premier, Jade Private! Time, I AM very pleased that we were able to execute this strategic repositioning at pace rates. Hsbc Wealth services Desk contact information is available at www.citizensbank.com or visit us on Twitter, or. Slightly but will still be at least 25 days after the close of each billing cycle 2,959bn at 31 2021...