HSBCs financial planning service
By Our Banking Bureau | 09 Feb 2002
Says
HSBC CEO Z Cama: "Through the help of HSBCs qualified
financial planning staff, customers using FPS can develop a
realistic and practical financial plan by utilising a range of
financial services, including mutual funds, bonds and
insurance."
He says FPS will initially be offered to HSBCs premier customers, where the minimum threshold limit is around 25 lakh, and will later be extended to PowerVantage customers, where the limit is Rs 1 lakh. For private clients, the limit is Rs 1.5 crore.
The threshold limit is a customers relationship with the bank and it could be either in the form of deposits or advances, HSBC bank officials say.
