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A Resident Indian Individual can maintain foreign currency deposits outside India.
HSBC India facilitates resident Indian individuals in placing their Foreign
Currency Deposits* with HSBC Bank Middle East Limited (HBME) in UAE and
The Hongkong and Shanghai Banking Corporation Limited, Singapore (HSBC Singapore).
The main features of Foreign currency Deposits* are:
To avail of these services, please contact any HSBC India Branch or get in touch with your Relationship Manager.
Terms and Conditions apply.
Please click here for disclosure documents pertaining to foreign currency deposits with HBME.
* These foreign currency deposits will be placed with HBME and HSBC Singapore. HSBC India shall not be responsible or held liable for any rejection of the application for placing deposits / opening of deposit accounts. Please refer to disclosure documents for more details.