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80% of HK families manage overseas funds, survey shows

A survey by Hang Seng Bank reveals that 80% of Hong Kong families manage funds overseas. The study, which interviewed nearly 400 residents aged 30 and above with liquid assets exceeding HKD1 million, also found that each breadwinner financially supports three family members on average. To accommodate the diverse international financial needs of Hongkongers, Hang Seng has enhanced features for Prestige customers, including upgraded overseas fund transfers and the ability to use a multi-currency debit Mastercard. This card and supplementary debit cards linked to family accounts allow spending in 12 currencies globally. Customers also have the option to set monthly spending limits for each card.


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