HSBC Active Account earns you money, by investing the funds in your demand deposit account in HSBC Asset Management Short Term Fixed Income Fund , while all your bill, debt and direct debit payments are made automatically.
Features and Advantages
- Any balance more than HSBC Active Account Minimum Limit* of your account is automatically invested in HSBC Asset Management Short Term Fixed Income Fund. You can increase this limit according to your needs.
- Your automatic payment orders for credit cards, personal loans, overdraft accounts, direct debits and bill , and forward dated EFT/money transfers, are made from your account on the due date, by selling liquid funds if and when necessary.
- You may apply for an Overdraft Account to make sure that your bills are paid in full and on time even when your account balance is not sufficient to cover the payments.
* HSBC Active Account Minimum Limit is TRY 2.000.
All mutual fund transactions (buying and selling) can be 7 days 24 hours through HSBC Bank Telephone Banking 0850 211 0 111, HSBC Bank Internet Banking, HSBC Mobile Banking or HSBC Bank ATMs.
How Does It Work?
Please click to see how HSBC Active Account works to see how HSBC Active Account works.
HSBC Active Account works in the following way:
The HSBC Active Account starts to operate on the first business day following your request date. Mutual fund is purchased automatically following the day the cash is debited. HSBC Asset Management Short Term Fixed Income Fund is purchased on the next day on behalf of you by the Bank with the amount in your account which is above the minimum limit. In case the amount in your account is less than the payments, the difference is to be taken from your portfolio by selling HSBC Asset Management Short Term Fixed Income Fund. Active account can be defined only to one account among single accounts and one among joint accounts with different participants.
For further information please call HSBC Bank Telephone Banking 0850 211 0 111 or visit HSBC Internet Banking