Transfer funds around the globe quickly and easily with HSBCWith HSBC’s Global Transfers you can seamlessly transfer funds between your eligible HSBC deposit accounts with no transfer fee. Or you can use HSBC’s Wire Transfers option to make an international wire transfer to someone else’s bank account, but for a fee. Wire transfers are a way to easily and quickly send money to people, businesses and banks worldwide.No matter which option you choose, you’ll need to first have a bank account with HSBC.How much does it cost to transfer money with HSBC?One of the big advantages of using the HSBC Global Transfers service is that no fees apply to your international transactions. But this only applies to transfers between your own HSBC accounts.However, a service fee is charged by the bank for every international wire transfer you send. You’ll be able to review any charges that apply to each transfer before you make your transaction. HSBC exchange ratesYou’ll need to consider the that applies whenever you send money overseas, and HSBC updates its rates frequently in order to keep pace with market fluctuations.
You’ll be able to review the live exchange rate that applies to each transaction before you make a transfer, but using the global transfers service to send money between your accounts entitles you to preferential exchange rates from the bank. Transfer limits and available countriesAs HSBC is an international bank, you can use the Global Transfers service to send funds to eligible HSBC deposit accounts in more than 45 countries around the world. The maximum amount you can send per day using this service is $200,000.With wire transfers, you can send your funds to financial institutions in most countries around the world. However, there are some countries where US banks will not send your funds, such as Iran, Iraq, Cuba and North Korea. See how other services compare to HSBCUse our comparison calculator to assess the transfer fees, exchange rates and other details for HSBC against our money transfer partners when sending cash overseas.
Minimum transfer amount USD 0.00 Transfer methods Online, Phone, Bank Account to Bank AccountTransfer options One off payments, Market orders, Forward contractsCustomer service Phone, EmailAvailable currencies AED, ALL, AMD, ARS, AUD, AZN, BAM, BBD, BDT, BGN, BHD, BND, BSD, CAD, CHF, CLP, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, ILS, INR, JOD, JPY, KRW, KWD, KZT, LKR, LSL, MGA, MKD, MUR, MWK, MXN, NAD, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, RON, RSD, RWF, SEK, SGD, SRD, THB, TJS, TND, TRY, TTD, UGX, USD, ZAR. Compare What types of transfers can I make with HSBC?. Wire Transfers. Send money from your HSBC deposit accounts to other people, businesses and financial institutions around the world.
Initiate a transfer through your online account, completing an online transfer request form with your recipient’s name, address and bank account number. You’ll also need to supply your recipient bank’s. Global Transfers. HSBC Premier and Advance account holders can use HSBC’s Global Transfers, which allows you to send up to $200,000 per transaction per day between your eligible HSBC deposit account (except CDs and online payment accounts) and your HSBC accounts throughout the world. No fees are attached to these transfers, and you can initiate them by logging on to your personal internet banking account.Whichever option you choose, HSBC transfers the funds to your recipient’s account as soon as possible. Wire transfer requests received by 4:15 pm EST are processed on the same day, while transfers requested after 4:15 pm EST are processed the next business day. Pros and cons of using HSBC.
Cons. Wire transfer fees. You’ll need to pay a service fee for each international wire transfer you send to a non-HSBC account or an HSBC account that does not belong to you. Check the pre-payment and receipt disclosures associated with your account to confirm the fee you’ll pay for each transaction. Security device. You may be required to obtain an HSBC security device that requires two-factor authentication to make a transfer.
Transfers Move Money. Money Transfers. Transfer funds instantly between your personal HSBC accounts globally.2. See FAQs, forms and fees & charges. Online banking: enjoy 24/7 access where you can transfer up to USD 100,000 through global transfers and AED 500,000 through online banking everyday.
Hello Arvela.I’d be happy to help you with your question.Money transfers from HCBC to another bank overseas could take from 2 to 5 banking days. There are several factors that affect the time frame for funds to clear, such as, type of payment you are making, the currencies involved in the transfer and the time of day the transfer request is made. Both banks follow their respective funds clearing processes. It is highly suggested to check with either banks directly for a more accurate information.Check out our article to.Hope that helps.Regards,Rich. We endeavor to ensure that the information on this site is current and accuratebut you should confirm any information with the product or service provider andread the information they can provide. If you are unsure you should get independentadvice before you apply for any product or commit to any plan.finder.com is an independent comparison platform and information service thataims to provide you with the tools you need to make better decisions. While weare independent, we may receive compensation from our partners for featured placementof their products or services.
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