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Old 7th May 2007, 14:52
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bribo757
 
Join Date: Nov 2005
Location: US
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HSBC etc

I have an HSBC USA and HSBC HKG account, they are seperate companies
and you can not transfer money between the two without the wire fees.
I tried the same with Bank of America Asia and BOA USA.

The cheapest way to transfer the funds is to find a USA based credit
union that does not charge fees for incoming wires (Delta airlines
credit union or Members America Credit Union for instance). Some
credit unions charge, some do not so you need to ask first. You
will still pay the HSBC $12 US outgoing wire fee but not the traditional
$20 USD incoming wire fee.

The other method would be the 80 HKD charge from HSBC to have a
paper check issued, or 'walk' the actual cash USD's back on each trip.

Or, get an HSBC HKG credit card and charge all your expenses to the
credit card and try to avoid bringing over cash every month. (there
are no foreign transaction fees to use the HSBC HKG card in the USA).
bribo757 is offline