HSBC Private Banking Opens Digital Document System In Hong Kong

Tom Burroughes Group Editor 22 October 2021

HSBC Private Banking Opens Digital Document System In Hong Kong

The new offering will initially be used in Hong Kong, opening in Singapore during November, with rollout more broadly afterwards.

HSBC Global Private Banking in Asia has launched a digital solution enabling potential clients to review, sign and submit documents to their relationship management team.

The new offering is called HSBC GPB eSignature, the Hong Kong/UK-listed banking group said in a statement yesterday.

The portal. which can be used from the private bank’s public website via mobile devices and desktops, allows prospective clients to log into, retrieve and digitally sign their documents in multiple legally-compliant ways, removing the need to sign in-person.

HSBC GPB eSignature is initially available to new-to-bank clients of global private banking, Hong Kong. The solution will be extended to prospective clients of the private bank in Singapore in early November and existing bank clients in Asia in April 2022, it said. 

“The implementation of HSBC GPB eSignature is a new milestone in a year when we have already delivered our Online Trading platform, HSBC GPB Chat with WhatsApp and WeChat functionality, Online Payments and Insights and Research, to name but a few launches. We remain focused on expanding the scope of our digital offering to enhance our clients’ experience and exceed their expectations,” Siew Meng Tan, regional head of HSBC Global Private Banking, Asia-Pacific, said. 

HSBC said that it is investing more than $100 million in its core private banking digital platforms in Asia.

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