HSBC Singapore

What the HSBC Singapore app is for

HSBC Singapore is the mobile banking app for HSBC customers in Singapore. It covers the day-to-day side of a bank account, including signing up for online banking and generating security codes, and it extends into investing in equities, unit trusts, bonds and structured products.

The listing presents it as built for Singapore customers specifically. It suits people who already bank with HSBC there, or who want to open an account and begin investing through the same app.

Signing up for online banking and opening accounts

Online banking registration can be completed in the app. You need either the Singpass app or a photo ID (NRIC, MyKad or passport), plus a selfie for verification.

Bank accounts can be opened in the app, and the listing says the process takes minutes and ends with instant online banking registration. Eligible customers get an investment account with fields already filled in, and the application receives an instant decision.

Generating security codes for online banking

The digital secure key creates a security code for logging in to online banking. The codes are generated inside the app, so a separate physical security device is not needed. The listing describes this as the main reason to use it.

Investing, trading and placing time deposits

The investment account gives access to equities in Singapore, Hong Kong and the United States, plus unit trusts, bonds and structured products. Securities trading is available in the app for those markets.

A mobile wealth dashboard shows how your investments are performing. Time deposits can be placed in the app at a tenure you select, at the rates the listing describes as competitive.