To support small business, HSBC launched a newly upgraded PSB Account Service Packages, a one-stop account service plan giving you access to worry-free banking with a range of benefits.
- Providing you flexibility with 3 solutions for different accounts;
- Offering you preferential pricing or waiving your account opening and monthly service fees, we go one step further to support your business;
- Waiving or discounting your transaction fees, helping you save money on more transactions;
- Bringing you more convenience with HSBCnet services;
- Upgrading integrated services between your corporate and personal accounts, providing you with more benefits both in business and in your personal life;
- Connecting certain corporate accounts (BVLE and BVL) with your personal accounts to count towards an Integrated Total Relationship Balance (ITRB), with service fees waived for the associated personal account.
For more information, read more below.
Contact us
HSBC PSB customer service hotline
Monday-Friday: 8 am-7 pm
Saturday: 8 am-4 pm
Please dial the country code of mainland China +86 if you are calling from overseas, Hong Kong SAR, Macau SAR, or Taiwan
Find a branch near you with HSBC PSB services
Upgraded fees and charges
| PSB Elite |
PSB Entrepreneur |
PSB Free |
|
|---|---|---|---|
| Eligibility |
Small businesses with cross-border banking needs and require one-stop banking services for both personal and business accounts. |
Small businesses which focus on domestic business and require one-stop banking services for both personal and business accounts. |
Small businesses which need basic banking account services |
| Features |
Zero transfer fee or preferential rate for domestic or overseas remittance through your HSBCnet RMB or foreign currency accounts; Zero monthly service fee for both your personal account and its associated corporate account when the Integrated Total Relationship Balance (ITRB) reaches a certain amount | Preferential offers for RMB account services, including zero domestic RMB transfer fee and HSBCnet monthly service fee; Zero monthly service fee for both your personal account and its associated corporate account when the Integrated Total Relationship Balance (ITRB) reaches a certain amount | Zero account opening fee, account service fees |
|
Eligibility |
|
| PSB Elite |
Small businesses with cross-border banking needs and require one-stop banking services for both personal and business accounts. |
| PSB Entrepreneur |
Small businesses which focus on domestic business and require one-stop banking services for both personal and business accounts. |
| PSB Free |
Small businesses which need basic banking account services |
|
Features |
|
| PSB Elite |
Zero transfer fee or preferential rate for domestic or overseas remittance through your HSBCnet RMB or foreign currency accounts; Zero monthly service fee for both your personal account and its associated corporate account when the Integrated Total Relationship Balance (ITRB) reaches a certain amount |
| PSB Entrepreneur |
Preferential offers for RMB account services, including zero domestic RMB transfer fee and HSBCnet monthly service fee; Zero monthly service fee for both your personal account and its associated corporate account when the Integrated Total Relationship Balance (ITRB) reaches a certain amount |
| PSB Free |
Zero account opening fee, account service fees |
| PSB Elite |
PSB Entrepreneur |
PSB Free |
|
|---|---|---|---|
| Account type |
Business Vantage Lite – Elite Version (BVLE) |
Business Vantage Lite (BVL) |
Non-Business Vantage Lite |
|
Account type |
|
| PSB Elite |
Business Vantage Lite – Elite Version (BVLE) |
| PSB Entrepreneur |
Business Vantage Lite (BVL) |
| PSB Free |
Non-Business Vantage Lite |
| PSB Elite |
PSB Entrepreneur |
PSB Free |
|
|---|---|---|---|
| Account opening fee |
RMB500 Starting from 30th September 2021, all new customers of Premier Small Business Solutions, WPB, will be exempted from account opening fee for opening Business Vantage Lite (BVL) or Business Vantage Lite – Elite Version (BVLE) accounts, provided that such customers are registered in Mainland China. |
RMB100 Starting from 30th September 2021, all new customers of Premier Small Business Solutions, WPB, will be exempted from account opening fee for opening Business Vantage Lite (BVL) or Business Vantage Lite – Elite Version (BVLE) accounts, provided that such customers are registered in Mainland China. |
Waived |
| Service Fee |
|
|
Waived No service provided for linked accounts for now |
|
Account opening fee |
|
| PSB Elite |
RMB500 Starting from 30th September 2021, all new customers of Premier Small Business Solutions, WPB, will be exempted from account opening fee for opening Business Vantage Lite (BVL) or Business Vantage Lite – Elite Version (BVLE) accounts, provided that such customers are registered in Mainland China. |
| PSB Entrepreneur |
RMB100 Starting from 30th September 2021, all new customers of Premier Small Business Solutions, WPB, will be exempted from account opening fee for opening Business Vantage Lite (BVL) or Business Vantage Lite – Elite Version (BVLE) accounts, provided that such customers are registered in Mainland China. |
| PSB Free |
Waived |
|
Service Fee |
|
| PSB Elite |
|
| PSB Entrepreneur |
|
| PSB Free |
Waived No service provided for linked accounts for now |
| PSB Elite |
PSB Entrepreneur |
PSB Free |
|
|---|---|---|---|
| Inward overseas remittance - RMB inward remittance |
Waived |
Waived |
Waived |
| Inward overseas remittance - foreign currency inward remittance |
Waived |
Standard price |
Standard price |
| Foreign currency local inward remittance via telegraphic transfer |
Waived |
Standard price |
Standard price |
| RMB local payment - RMB cross-bank payment via electronic payments |
Waived |
Single remittance below or equal to RMB50,000 - waived | Standard price |
| Outward overseas remittance - telegraphic transfer |
Discounted price: For BVLE without association to Premier Overseas Outward Remittances (FCY&CNY) via TT - Telegraphic Transfer Issuance 0.075% Min. RMB80 / equivalent Max. RMB500 / equivalent Plus Cable Charge (Standard Pricing) For BVLE with association to Premier Overseas Outward Remittances (FCY&CNY) via TT - Telegraphic Transfer Issuance 0.05% Min. RMB60 / equivalent Max. RMB455 / equivalent Plus Cable Charge (RMB75 / equivalent per cable) |
Standard price |
Standard price |
| Foreign currency local payment - telegraphic transfer |
Discount price: For BVLE without association to Premier Foreign Currency Local Payments via TT - Telegraphic Transfer Issuance 0.075% Min. RMB80 / equivalent Max. RMB500 / equivalent Plus Cable Charge (Standard Pricing) For BVLE with association to Premier Foreign Currency Local Payments via TT - Telegraphic Transfer Issuance 0.05% Min. RMB60 / equivalent Max. RMB455 / equivalent Plus Cable Charge (RMB75 / equivalent per cable) |
Standard price |
Standard price |
|
Inward overseas remittance - RMB inward remittance |
|
| PSB Elite |
Waived |
| PSB Entrepreneur |
Waived |
| PSB Free |
Waived |
|
Inward overseas remittance - foreign currency inward remittance |
|
| PSB Elite |
Waived |
| PSB Entrepreneur |
Standard price |
| PSB Free |
Standard price |
|
Foreign currency local inward remittance via telegraphic transfer |
|
| PSB Elite |
Waived |
| PSB Entrepreneur |
Standard price |
| PSB Free |
Standard price |
|
RMB local payment - RMB cross-bank payment via electronic payments |
|
| PSB Elite |
Waived |
| PSB Entrepreneur |
Single remittance below or equal to RMB50,000 - waived |
| PSB Free |
Standard price |
|
Outward overseas remittance - telegraphic transfer |
|
| PSB Elite |
Discounted price: For BVLE without association to Premier Overseas Outward Remittances (FCY&CNY) via TT - Telegraphic Transfer Issuance 0.075% Min. RMB80 / equivalent Max. RMB500 / equivalent Plus Cable Charge (Standard Pricing) For BVLE with association to Premier Overseas Outward Remittances (FCY&CNY) via TT - Telegraphic Transfer Issuance 0.05% Min. RMB60 / equivalent Max. RMB455 / equivalent Plus Cable Charge (RMB75 / equivalent per cable) |
| PSB Entrepreneur |
Standard price |
| PSB Free |
Standard price |
|
Foreign currency local payment - telegraphic transfer |
|
| PSB Elite |
Discount price: For BVLE without association to Premier Foreign Currency Local Payments via TT - Telegraphic Transfer Issuance 0.075% Min. RMB80 / equivalent Max. RMB500 / equivalent Plus Cable Charge (Standard Pricing) For BVLE with association to Premier Foreign Currency Local Payments via TT - Telegraphic Transfer Issuance 0.05% Min. RMB60 / equivalent Max. RMB455 / equivalent Plus Cable Charge (RMB75 / equivalent per cable) |
| PSB Entrepreneur |
Standard price |
| PSB Free |
Standard price |
| PSB Elite |
PSB Entrepreneur |
PSB Free |
|
|---|---|---|---|
| HSBCnet monthly fee |
Waived |
Waived |
Standard price |
|
HSBCnet monthly fee |
|
| PSB Elite |
Waived |
| PSB Entrepreneur |
Waived |
| PSB Free |
Standard price |
PSB - a new service for the business of life
It gives you clarity
See a clear, organised snapshot of your business and personal finances.
It saves you time
Connect to the services and support you need to get everything done.
It helps you get ahead
Get special access to funding, advice and opportunities.
*The information above is intended as a general information for reference, we reserve the right to amend the information at any time without prior notice. For program related information and T&C, the Chinese version shall prevail.