montrealpost

The best bank account:  HSBC Internet Savings A/c:
1.  High ?Daily? Interest, ~3% right now, not sure.  Same or similar to ING.

2.  Unlimited transactions - no more counting of transaction, no more worry about stupid minimum balance to avoid bank fee.

Bill payment - U can do it with telephone banking, I do it all postdated on Internet, both 24 hours x 7 days.

3.  "网点多, 营业时间长" - use bank cards at all HSBC + BMO + National banking machines.  24 hours telephone banking.

It is a saving account, hence u may need a chequing account.  Open it at HSBC or whatever bank of your choice.  Inter-bank transfer will take 2-3 business days.

p.s.When u first open account, there's a X day hold on all funds.  ???? I can't remember how, ask the agent over the phone, ??credit check ??, after talking to another woman in Vancourver for ~5-10 minutes to check on our credit reports:
- ABM daily limit $400->$600/day
- POS/Interac daily limit $500->$2000/day
- Bank to Bank transfer ?same?, anyway it is hold for 5 Business Days
- ABM Deposit hold X days -> NON
e.g. my account is $0, I deposit a cheque of $600 in BMO/National machine, then I can take $600 cash out from any machine RIGHT AWAY.  (Of cause there's a $500/? limit on all banking machine.)

montrealpost

"我原来一直用的是 . . . . .  想换一个别的银行"  => there could be other things that u need to consider before changing bank.  Figure out your own situation.

1   除了储蓄帐户，这几家银行的支票帐户哪个更加好啊
==>  Don't know.

2   这几天银行的利率会不会经常变化（我知道RBC是一年变一次）
==> always = 经常变化.  Are u sure "RBC一年变一次", I doubt it. (anyway, it doesn't matter to me)

3   像ING这种银行的网点多不，我好像都没怎么见过，大家用ING的朋友感觉用起来方便嘛？
==>  It seems like:
a.  unlimited transfers between ING and the chequing acount(s) u set up,
b.  only ~4 free($0) ABM withdrawals/per month, then there are charges($),
c.  no bill payment,
d.  I'm not sure about above, see *********.ca or ask the ING referal guy(=customer) below.

4   HSBC好像MTL的网点也不多啊，不过可以免费用BMO和NB的ATM机器啊，如果这样，那也算比较方便
==> only a few branches, but tons of ATM机器+ 24 hrs. telephone banking+internet banking, all $0.
***  I'm talking about the (Internet=)Direct Savings account, NOT the regular HSBC savings accoung ***

5    HSBC银行是不是可以从国内的HSBC银行直接汇款啊？
==> yes, but there is charge($)+waiting time, don't know details.

Any further question, please ask HSBC or www.hsbc.ca.  
(Current promotion on free chequing account for 6 months.  Check web site yourselves)

montrealpost

"  。。。。。。发现这个Direct Savings Account的３％利息，必须要balances up to $1 million, 晕倒"
==> Not 必须, up to=maximum.   They pay u ~3% for $0.01 up to a maximum of $1 million.

"看来我得放弃HSBC转向RBC了, RBC的２.75％没有要求的"
==>  if 0.25% difference, it's insignificant.  U may want to consider other things, e.g.:

- cost of printing cheque,
- compare other investment products/services offered by the 2 banks,
(e.g. HSBC investments are not as flexible as BMO/RBC, may be fewer choices)
- the bank of the credit card(s) that u are using, etc.
(e.g. When I pay my RBC credit card from HSBC, it'll take 2-3 business days to clear.  May be 0 day from RBC)

etc. etc.  Put that little brain of yours to work  . . . . . .

montrealpost

Saw ING+ ?Bank advertisement on TV the other day.  Say a few more words:

1.  Generally, all the "Internet Banking Accounts" offer higher interest rate than traditional regular accounts.

2.  I'm only aware of 3:
a.  ING Direct Savings account
b. Royal Bank e-Savings account
c.  HSBC Direct Savings account.
If anyone have info on other account, please share info.

3.  Since Royal Bank e-savings is "2.75%", I assume both HSBC+ING to be about the same.  Please note that all bank rates fluctuate with current marketing rate.

4.  ING+e-Savings are "URE" Internet accounts = u need to use them in conjunction with a chequing account.  There's a $5 charge for counter or whatever service by RBC.  Both RBC+ING cannot do bill payment, except HSBC.  

That's all I know.  

Read OLIVERCA's 不要以为存银行就保险了.. @ http://sinoquebec.com/bbs/showthread.php?p=2017216#post2017216

montrealpost

Post by thinkpad1981
  . . . . . 我还保留了CIBC的，作为日常或者visa的使用的

U can use HSBC Direct Savings Account for 日常使用+ pay Visa/MC from all banks. (=ATM+Telephone+Internet)

I don't work for HSBC . . .  no commission  :frown:

montrealpost

1."我怎么样才能用HSBC Direct Savings Account去付我别的银行的VISA啊？"
- BILL PAYMENT function - City tax, Hydro, Bell, Visa, MC, etc. etc.  (no income tax yet)
- "Real-time" payment can be done via Internet or Telephone Banking.
(I sort of think they only do batch process overnight, confirm with HSBC)
- Post dated payment can only be done via Internet.
(I do this once a month to pay ALL bills)
- no service charge

2.  还有这个HSBC的帐户可以 . . .  是不是说我可以转到别的银行的帐户, 好像别的银行不能这么转的吧!  
=> I don't know how other bank works.  fengfeng has already given u a GREAT ANSWER.

3.  "那这种转账是实时到账的还是需要等几天的啊？"
-  Transfer out from HSBC, no hold, except it may take 1-3 business days for your bank to show transfer.
(Call TRANSFER by HSBC, in reality it'll show as DIRECT DEPOSIT at your other bank)
(I believe they only do overnight batch process, confirm that with HSBC)

-  Transfer into HSBC, HSBC hold for 5 business days.

-  I do transfer out through HSBC internet.  Transfer-in, I use my BMO cheques to avoid the 5 B-days hold.

montrealpost

U are welcome!

For term deposits, I find BMO better and more choices than HSBC.  For savings+payments, I'll keep HSBC.  Actually, I'm contemplating in opening a chequing account at HSBC to eliminate the transfer out "wait".  Our BMO doesn't hold most of our cheques.

Nice weekend!

montrealpost

DIRECT DEPOSIT => Yes, we have our pay cheque go straight into HSBC

PRE-AUTHOZIED PAYMENT => should be OK, but not sure.  Ask HSBC, then please let us know.

??something?? . . . .  u CANNOT pay SAAQ driver license at HSBC.  Something about setup between bank and SAAQ, I don't understand.

montrealpost

I can't remember details, talked to someone @ HSBC, they posted me 3 VOID cheques for direct deposit, free of charge.  One cheque used for payroll deposit.

Trust u read #13 below, have your credit report checked to eliminate the "~HOLD".

Post by fengfeng
Got confirm from HSBC, you can also use this account as pre-authorized account, just offering your institution # & branch #, same as Direct Deposit.

montrealpost

怎么那位客服不跟我提？==> institution # & branch # = void cheque(just printed and no mistake)

The company asked for void cheque for payroll deposit, so we gave them void cheque.