HSBC Premier

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Discussion

jinkster

Original Poster:

2,248 posts

156 months

Wednesday 22nd April 2015
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Does anyone use HSBC Premier? I've been looking at moving to HSBC for free global view and transfers however the savings required here in Qatar to qualify are extremely high.

The UK want to see £100k salary going in, my predicament here is £100k is equivalent to £5500 net going through the bank but as i don't work in the UK or pay UK tax they actually want to see £8333 (£100k divide by 12months). Totally ludicrous if you ask me.

Is there anyway around this?

jinkster

Original Poster:

2,248 posts

156 months

Thursday 23rd April 2015
quotequote all
Thanks for all the help. The minimum to open in France is €4500 euros per month. I'm going to open a gbp account in France, transfer from Qatar to France and then to UK. Qualify for Premier and open UK and Qatar accounts and close my others. Job done!

Hopefully it should make life easier when we decide to buy a bigger house over the next 12 months and then HSBC can see my income. Transfer should be easier and cheaper too.

jinkster

Original Poster:

2,248 posts

156 months

Sunday 26th April 2015
quotequote all
I'm sending around £5-£5.5k back per month. With that sum of money would it be worth looking into some forex company to transfer the funds?