Anyone familar with any banks that offer services internationally? Specifically what I am looking for is a bank for my brother who is moving to HK. Ideally, he'd like to be able to move money back and forth between HK and Canada with the minimum of hassle and cost.
So far, the only option we've found is HSBC's International Premier account, but it requires a minimum "Total Relationship Balance" of $1,000,000HKD (roughly $150,000 CDN) which is a bit out of his league at the moment.
Is there any other banks anyone might know of that might offer something similar (specifically be able to transfer money electronically from a HK account to CDN account and vice versa) that doesn't require the high balance be kept?
The last resort we've thought of is to just send bank drafts or something similar back and forth, but it's slow and there's always the possibility of it getting lost in the mail, etc. An electronic means is more reliable and simpler but we can't seem to locate anything that seems to meet our criteria.
I know there's a few HK'ers around RS that may be doing the same thing who might be able to chime in.