How HSBC Advance works
You have access to a range of international services as and when you need them. Apart from assistance in overseas account opening2 in select countries, you will also have access to Emergency Assistance in over 8,500 branches worldwide.
If you lose your cash or / and credit cards, you can approach any of 8,500 HSBC branches worldwide to obtain emergency cash1.
In select countries, HSBC's International Banking Centre (HSBC) can provide assistance to you in overseas2 HSBC bank account opening before you even leave for your new country. Your new bank account number will be informed to you within 5 working days3, provided all the documentation submitted for opening the bank account in these select countries, is as per the overseas HSBC's prescribed guidelines. Your bank account will be opened for you by the overseas HSBC and your account pack, including a cheque book, ATM Card/Debit Card/Credit Card and related Personal Identification Numbers (PINs) will be sent to you by the HSBC overseas, within 20 working days3.
Managing your finances across countries was never this easy. The 'Global View' functionality offered to HSBC Advance customers through HSBC's Internet Banking allows you to link and manage your accounts held with HSBC across countries in a single window with a single login.
Click here for details on Global View.
As an endeavor to simplify your banking needs, HSBC Advance offers its customers 'Global Transfers' - a feature on HSBC Internet Banking that will enable you to transfer your funds between your HSBC accounts held with other countries5 linked on Global View at your convenience and receive credits in 2 working days (The term 'working days' refers to days that are bank working days in both, the country of remittance and the Bank and subject to terms and conditions as stated below).
Click here for details on Global Transfers.
1 You may borrow maximum up to USD 10,000 upon application and assessment by HSBC. Funds will only be provided in countries where HSBC is located and where you present adequate identification (such as your Passport). Any funds made available by HSBC are provided subject to terms and conditions and is subject to legal and regulatory requirements. Terms and conditions apply. Emergency encashment service is subject to laws and local regulations.
2 Applicable in countries or locations where Advance is offered. HSBC provides assistance towards opening / placing of HSBC deposit account overseas where HSBC Advance is offered. Opening/placing of such bank accounts / deposits will be at the sole discretion of the overseas HSBC entity and will be subject to local Terms and Conditions and prevalent laws and regulations of the country where the bank account/deposit will be opened/placed. The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) is neither responsible nor shall be held liable for any rejection of the application for placing of deposits / opening of accounts.
3 The term 'working days' refers to days that are Bank working days in both the countries i.e the country where the bank account is being opened and India.
4 The products or services mentioned under International Services are not available to any person, if the same requires any regulatory approvals for making available such products or services in the given jurisdiction. The recipient should ensure that by availing of any products or services he/she is not in contravention of any applicable laws or regulations governing such recipient and shall further ensure compliance with the laws and regulations governing such recipient in the applicable jurisdiction as a condition precedent.
We wish to inform you that availing the International services facility for HSBC Advance requires HSBC India to share information with HSBC Group(HSBC Holdings PLC, its subsidiaries, associated and affiliated companies) relating to you / your accounts including without limitation, any personal information and other credit information maintained with or obtained by HSBC India (including those obtained from credit reference agencies) and other members of the HSBC Group.
5 Global View and Global Transfer - This service is available in selective countries only and will be rolled out to more countries in the due course of time. In India these services are subject to applicable restrictions under Foreign Exchange Management Act 1999. These features are currently offered in Hong Kong, Brunei, India, Indonesia, Malaysia, Singapore, Philippines, Sri Lanka and Taiwan.
Global Transfers - Subject to local regulation. Terms and conditions apply. Click here for Terms & conditions on Global Transfers.
To become a HSBC Advance customer you need to meet our eligibility criteria.