HSBC Private Bank (Luxembourg) S.A. products, services and reviews

About HSBC Private Bank (Luxembourg) S.A.

HSBC Private Bank (Luxembourg) S.A. is the Luxembourg private banking entity of the HSBC Group, focused on serving high- and ultra-high-net-worth clients, family offices, and select corporates with cross-border needs. The bank provides multi-currency accounts, custody and safekeeping, investment execution, advisory and discretionary portfolio management across equities, fixed income, funds, structured products, and alternatives (subject to eligibility and product availability), along with foreign exchange, cash management, and credit solutions such as Lombard lending secured by financial assets and select real estate financing. Wealth planning, estate and succession considerations, and trust or insurance-based solutions are typically delivered in coordination with specialists within the group and external advisers, with clear boundaries on tax and legal advice. The institution is authorised in Luxembourg and supervised by the Commission de Surveillance du Secteur Financier (CSSF), and delivers investment services under EU rules including MiFID II; cross-border availability depends on local regulations. Eligible cash deposits are covered by the Luxembourg deposit guarantee scheme (Fonds de garantie des dépôts Luxembourg) up to EUR 100,000 per depositor per bank, and certain investment business is covered by the investor compensation scheme (SIIL) up to EUR 20,000; market losses are not covered. Onboarding involves enhanced due diligence, source-of-wealth and source-of-funds verification, and acceptance varies by jurisdiction and risk profile; minimum asset thresholds apply and differ by service. Clients have access to e-banking and mobile channels with secure messaging and consolidated reporting. Fees are set out in the bank’s tariff or mandates and may include custody charges, advisory or management and performance fees, transaction costs, FX margins, and lending rates and collateral haircuts.