Unless our HK gov't can guarantee the deposit. It's no use for BEA to make any guarantee.

I think maybe the small investors fm Lehman Brothers' mini bonds spread the news to display their anger against the sales fm the banks and also our gov't.



> 3) 同時，又沒有就存戶提款作出任何既安排保証，使存戶放心

[ 本帖最後由 b4321 於 2008-9-25 08:41 編輯 ]

I am starting to withdraw $ fm small banks and hope to concentrate altogether.

The final banks in my list are HSBC, HS, Bk of China, and ICBC.

I opened an account in HSBC last week, but I don't have the acct number until tomorrow. Not sure why it is so slow although my cheque is in front of me. Also, HSBC exposes itself into the US mortgage and UK mortgage risk. Not sure if this giant elephant will be pulled down if the mortgage is getting worse in the 2 big countries.

HS is good, but interest rate is too low and fee is too high.

Bk of China is good, but it is a big bank in HK, so I think (?) the interest rate is not attractive, and also Bk of China has more sub-prime mortgage in US.

So, finally I choose ICBC (Asia), which mother company is the biggest in China and mainly China gov't owned. It should be a safer company than Bk of China. Moreover, ICBC (Asia) is relatively a "small" bank in HK, so the interest rate is more attractive. I have 3.33% HKD fixed deposit rate for a month, and 6% for AUD. I can have foreign currency accts, stock and fund accounts, but it doesn't provide any gold acct.

[ 本帖最後由 b4321 於 2008-9-25 18:00 編輯 ]

The worst thing of HSBC is it takes more than a week for me to open an account. What kind of service it is offering? At the time when I opened the acct, I mentioned I'll put large amt of money into the branch fm a PB. And I went to the branch for 2-3 times, and the lady just said the acct is not ready. It's 7 working days already. So, it will loose my business.

China gov't should not let the several gov't owned banks to collapse. Although I don't like the banks fm China,  I prefer to put my assets into them to get shelter at least for the time-being.

[ 本帖最後由 b4321 於 2008-9-26 11:55 編輯 ]

I have my personal acct in HSBC for 15+ years. The newly acct is just a joint acct.

I don't think we need any referral to open a bank acct. And it has no reason to open a new acct for 7 working days. It's the 2nd time. I used to add a RMB account in March in my existing acct, it also took me 5 working days to have the acct activated.