HSBC Labuan Offshore Banking

General enquiries

Call us on

+60 87-599090

About HSBC Labuan

The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit, Labuan (Licensed Labuan Bank No.910004C) is registered under Labuan Companies Act 1990 and is licensed as a Labuan bank under Labuan Financial Services and Securities Act 2010. We are well positioned to capture the growing international trade and capital flows. Our global reach and range of services place us in a strong position to help businesses grow internationally.

IMPORTANT NOTICE:

Revision of the Malaysia (Labuan) Account Disclosures of The Hongkong and Shanghai Banking Corporation Limited Offshore Banking Unit Labuan (Licensed Labuan Bank, License No. 910004C) (“the Bank”).

19 August 2021

We would like to inform that the Malaysia (Labuan) Account Disclosures, which is appended to our Generic Terms and Conditions and supplements the Master Services Agreement and the Malaysia (Labuan) Country Conditions, has been revised on 19 August 2021 for all new and existing customers of the Bank. The amendments made are mainly to provide better clarification on how we process your personal data, update on ways for you to access and correct your data held by the Bank and unsubscribing from marketing mailing list. You may download the revised Malaysia Account Disclosures from the Quick Link.  

Revision of the Relationship Terms of Business of The Hongkong and Shanghai Offshore Banking Unit Labuan (Licensed Labuan Bank, License No. 910004C) (“the Bank”)

19 August 2021

Dear Valued Customers,

We would like to inform that the Relationship Terms of Business has been revised on 19 August 2021 for all new and existing customers of the Bank.

The amendments made are mainly to provide better clarification on how we process your personal data and update on ways for you to access and correct your data held by the Bank. You may download the revised Relationship Terms of Business from Useful Information.

Revision of the Notice Relating to the Personal Data Protection Act of The Hongkong and Shanghai Banking Corporation Limited Offshore Banking Unit Labuan (Licensed Labuan Bank, License No. 910004C) (“the Bank”).

13 August 2021

Dear Valued Customers,

We would like to inform that our Notice Relating to the Personal Data Protection Act (“PDPA”) has been revised on 13 August 2021 for all new and existing customers of the Bank.

The amendments made are mainly to provide better clarification on how we process your personal data, update on ways for you to access and correct your data held by the Bank as provided under PDPA and unsubscribing from Marketing mailing list.

Labuan Banking Tax Incentives

Liberal tax rules apply to Labuan entities, including:

  • For placements of deposits with Labuan entities, there is no withholding tax on interest paid by Labuan entities to residents and non-residents.
  • For foreign currency loans, there is no withholding tax on interest payments made by Malaysian tax residents to Labuan entities.

Account Confidentiality

In line with the secrecy provisions under the Labuan Financial Services and Securities Act 2010, strict confidentiality is maintained on all accounts.

Location

The Hongkong and Shanghai Banking Corporation Limited
Offshore Banking Unit Labuan
Licensed Labuan Bank, Licence No. 910004C
Level 11 (B1), Main Office Tower
Financial Park, Jalan Merdeka
87000 Labuan FT, Malaysia
Swift: HSBCMYKA

Get in touch

Learn about our capabilities and solutions, and find inspiration for your business from our expert opinions.
Tel: 087-599090
Fax: 03-88942593

The information and materials contained in or connected to this web page are for your general information only and are not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any products, services or investments offered by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (the "HSBC Offshore Banking Unit Labuan"). In particular, please be advised the Exchange Control Notices of Malaysia may restrict or prohibit (i) your ability to purchase or subscribe for any or all of the products, services and investments offered by HSBC Offshore Banking Unit Labuan, and/or the (ii) latter's ability to provide to you any or all of its products, services and investments. Further, no consideration has been given to your particular investment objectives, financial situation or particular needs. You are, therefore, advised to obtain appropriate professional advice.

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Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.

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Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.