BEA offers up to HK$100,000 benefits to new CIES clients

BEA Private Banking will waive selected fees for clients who invest at least HK$30m.

The Bank of East Asia (BEA) is now providing a one-stop service to eligible applicants of Hong Kong’s New Capital Investment Entrant Scheme (New CIES) to meet their wealth management and investment needs.

Until 31 December, BEA Private Banking will extend an array of exclusive privileges to eligible applicants of the New CIES, including priority account opening appointment services, and waiving any account opening fees.

For new CIES customers who successfully open an account with BEA Private Banking and completed an investment of at least HK$30m between 1 May to 31 December 2024, BEA is waiving their account service fees and custodian fees for securities assets until 31 December.

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They are also given an up to a 50% discount on preferential commission rates for financial products transactions; exclusive interest rates for time deposits; preferential rates for cross-boundary remittance fees; and customised Wealth Planning Solutions by BEA’s investment consultants.

All these are worth up to HK$100,000 in total, BEA said in a press release.