[quote=MilesAndMore,May 17 2009, 12:29 AM]
A lot actually. many services that many local or community banks can't provide. HSBC and Citibank both clearly have an edge here because of their global presence (as mentioned earlier in my previous post). For example, it is easier for you to open an account overseas (wherever they have a branch there). No handling fee when withdrawing money at their overseas ATM. You can also transfer your money ... say from HSBC Singapore to HSBC Malaysia without paying a single cent in remittance (remittance fee sometimes is quite high mind you) and many more.


global presence it alone sounds quite attractive
but do they offer, say like with wire transfer in more shorter time to process? or any other special way or better package to transfer?


oh btw, i wonder how those billionaire manage their all other money lol despite some already turned into properties or assets or investments.
is it divide to different banks or other best handling way, banks do have their certain amount limit right?