HSBC can not be trusted. The bank got heavily fined for example for money laundering and violating the Bank Secrecy Act. They have been winding down their operations outside of Asia. This means trying to get rid of their non-Asian customers. They do that by, for example, insisting on customers to provide non-existent documents in numerous customer reviews. When you fail to do that, they will freeze your account making it very difficult to get your money back.Avoid HSBC if you are not living in Asia and want to keep your money safe. Their non-Asian customers are no longer welcome. HSBC can not be trusted.
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HSBC, one of the largest banking and financial services institutions in the world, serves millions of customers through its four Global Businesses.