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Others - Remittances

Your Money is in Expert* Hands, in expertise lies safety. Money Transfers offered by HSBC India, connecting you to your family in India.

Free* FastCHEQUE Transfers - Bahrain

Now transfer money from any of your BHD accounts in Bahrain to your own NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India), for FREE* in just 2-3 working days**!

 

Simply follow the 3 easy steps given below:

Step 1Step1
Write a cheque drawn on any of your BHD accounts in Bahrain payable to: "HSBC Account Number <fill your HSBC India NR account number> <Your account name> " Example: "HSBC Account Number 012345678901 Rakesh Kumar"

 

Step 2Step2 Fill up the FastCHEQUE Instruction Form and attach it with the cheque.

 

Step 3Step3
Mail it to/submit it at the following address:
NRI Relationship Manager, HSBC Bank Middle East Limited, Seef Branch, P O Box 57, Seef District, Kingdom of Bahrain

 

* Remittances from Bahrain are free only if the funds in BHD are transferred to your own NR account with HSBC India.

**The term 'working days' refers to days that are bank working days in both Bahrain and India. The NR account will be credited in 2-3 working days post receipt of the cheque at the P.O. box.

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Free* FastCHEQUE Transfers - Oman

Now transfer money from any of your OMR accounts in Oman to your own NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India), for FREE* in just 3-6 working days**!

 

Simply follow the 3 easy steps given below:

Step 1Step1
Write a cheque drawn on any of your OMR accounts in Oman payable to: "HSBC Account Number <fill your HSBC India NR account number> <Your account name> " Example: "HSBC Account Number 012345678901 Rakesh Kumar"

 

Step 2Step2 Fill up the FastCHEQUE Instruction Form and attach it with the cheque.

 

Step 3Step3
Mail it to/submit it at the following address:
HSBC NRI Services, P O Box 240, Ruwi, Sultanate of Oman - 112.

 

* Remittances from Oman are free only if the funds in OMR are transferred to your own NR account with HSBC India.

**The term 'working days' refers to days that are bank working days in both Oman and India. The NR account will be credited in 3-6 working days post receipt of the cheque at the P.O. box.

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Free* FastCHEQUE Transfers - Qatar

Now transfer money from any of your QAR accounts in Qatar to your own NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India), for FREE* in just 2-3 working days**!

 

Simply follow the 3 easy steps given below:

Step 1Step1
Write a cheque drawn on any of your QAR accounts in Qatar payable to: "HSBC Account Number <fill your HSBC India NR account number> <Your account name> " Example: "HSBC Account Number 012345678901 Rakesh Kumar"

 

Step 2Step2 Fill up the FastCHEQUE Instruction Form and attach it with the cheque.

 

Step 3Step3
Mail it to/submit it at the following address:
NRI Relationship Manager, HSBC Bank Middle East Limited, P O Box 57, Abdulla Bin Jassim Street, Doha, State of Qatar

 

* Remittances from Qatar are free only if the funds in QAR are transferred to your own NR account with HSBC India.

**The term 'working days' refers to days that are bank working days in both Bahrain and India. The NR account will be credited in 2-3 working days post receipt of the cheque at the P.O. box.

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Internet based Money Transfers between Singapore and India

Enjoy speedy money transfers between Singapore and India at your fingertips.

Send money to India from your SGD account with HSBC Singapore to your NR Account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) in 2 working days# using your HSBC Singapore Personal Internet Banking (PIB). You can also transfer funds from your NRE Account held with HSBC India to your SGD account with HSBC Singapore using HSBC India PIB.

Outward transfers from India using HSBC India PIB are only permissible through NRE accounts.

To avail of this service you need to register for PIB facility on your accounts with HSBC India and HSBC Singapore and click on the 'Transfers' section available on respective PIBs.

 

# The term 'Working day' refers to days that are bank working days in both Singapore and India.

Foreign currency money transfers from India are subject to applicable restrictions under Foreign Exchange Management Act 1999.

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Free* Transfers through Internet Banking: Saudi Arabia

Send money to India from your SAR account with Saudi British Bank (SABB) to your NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India), for FREE*, using just your fingertips!

All you need is to be registered for Internet Banking on your account with SABB and use the Direct Pay mechanism to remit funds for FREE*!

 

* The transfers are free only if done from your SAR account with Saudi British Bank (SABB) to your own NR account with The Hongkong and Shanghai Banking Corporation Limited in India. Please also ensure that the currency of denomination for the beneficiary account is mentioned as 'INR' for the transfer to be free.

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Wire Transfers (Free++ in Bahrain, Oman, Qatar, Hong Kong)

HSBC Wire Transfers enable you to fund your NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India), in just 2 working days+, safely. What’s more, such Wire Transfers are FREE++ if the funds are transferred from your account with an HSBC Group bank in select countries. You can send money in as many as 14 currencies!

So go ahead - wire your funds in any of the following currencies - US Dollars (USD), British Pounds (GBP), Euro (EUR), Japanese Yen (JPY), Canadian Dollars (CAD), Australian Dollars (AUD), Hongkong Dollars (HKD), Singapore Dollars (SGD) , Swiss Francs (CHF), UAE Dirhams (AED), Saudi Riyal (SAR), Swedish Krona (SEK), Danish Krone (DKK) or South African Rand (ZAR).

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In case you would like to wire transfer funds to HSBC India, you will need to provide the following instructions to your bank :

Kindly arrange to remit _______________ (currency and amount) to HSBC, Mumbai account no. ________________ (from table given below) with ________________ (Bank name and location - from table given below) for further credit to account no. ____________________ (your / beneficiary account no.) with HSBC, India - SWIFT Code: HSBCINBB.

Currency Account Number Bank
USD 000-04417-2 HSBC, New York
SWIFT Code - MRMDUS33
ABA Routing Number - 021-001-088
CHIPS Code - 302755
GBP 35189048 HSBC, London
SWIFT Code - MIDLGB22
CHAPS Code - 40-05-15
YEN 009-105412-091 HSBC, Tokyo
SWIFT Code - HSBCJPJT
EUR 59197302 HSBC, London
SWIFT Code - MIDLGB22
CHAPS Code - 40-05-15
IBAN - GB45MIDL40051559197302
CHF 230-86105.05V UBS Zurich
SWIFT Code – UBSWCHZH
IBAN - CH880023023008610505V
AUD 001-795020-041 HSBC Bank Australia
SWIFT Code - HKBAAU2SSYD
CAD 930-131037-060 HSBC Bank Canada
SWIFT Code - HKBCCATT
HKD 002-962389-001 HSBC Bank HongKong
SWIFT Code - HSBCHKHHHKH
SGD 141-311753-001 HSBC Bank Singapore
SWIFT Code - HSBCSGSG
AED 020-116901-001 HSBC Bank Middle East Ltd., Dubai
SWIFT Code - BBMEAEAD
SAR 001-552512-021 Saudi British Bank, Riyadh
SWIFT Code - SABBSARI
SEK 5201-85-28564 Skandinaviska Enskilda Banken, Stockholm
SWIFT Code - ESSESESS
DKK 52713-6 Danske Bank, Copenhagen
SWIFT Code - DABADKKK
ZAR 121 002000 001 HSBC Bank Plc, Johannesburg
SWIFT Code - HSBCZAJJ

 

Features & BenefitsFeatures & Benefits

FREE++ & safe transfers: For your high value remittances.

Faster transfers: Credits into your NR account in just 2 working days+ (from day of receipt of funds by HSBC India)

FREE transfers to other accounts : Transfer funds to 3rd party accounts, for free, through Internet Banking (once funds are credited into your NR account). To see the demo click here.

Instant access: Funds credited into the NR account can be accessed instantly using a debit card

Demand drafts: Avail demand drafts payable at over 700 locations in India.

 

Who can send?Who can send?

NRIs residing in a host of countries across the globe can use the Wire Transfer facility to send money into their NR accounts in India. However, the facility is FREE++ only if the funds are transferred to an NR account with HSBC India, from an account with HSBC Group Bank in the remitting country.

 

How to remit?How to remit?

The Wire Transfer process is extremely simple. All you have to do is visit your nearest HSBC Group Bank branch or NRI Center and instruct them to remit the specified amount of money into your HSBC India NR account.
+ The term ‘working days’ refers to days that are bank working days in both, the country of remittance and HSBC India.
++ The wire transfers are free only if the funds are transferred from your account with an HSBC Group bank in Hong Kong / Bahrain / Oman / Qatar to your own (self-named) NR account with The Hongkong and Shanghai Banking Corporation Limited in India.

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Indian Rupee Drafts

You can now deposit an Indian Rupee Draft, issued by any of HSBC India’s correspondent banks into any HSBC branch in India and get the beneficiary account credited in just 3 working days.#

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Features & BenefitsFeatures & Benefits

Faster Transfers: Account gets credited India account in just 3 working days.#

Freedom from unfavourable exchange rates: Uncertainty on exchange rates, typical of all transfers in foreign exchange, does not exist as the draft is in Indian Rupees

Added benefit of knowing the final Indian Rupee amount upfront, especially when credit of exact amount is critical

 

Who can send?Who can send?

NRIs in all geographies where HSBC India has correspondent bank partners can avail this service to send money to an HSBC India account.
# The term ‘working days’ refers to days that are bank working days in both, the country of remittance and HSBC India. The credit in 3 working days is subject to availability of funds in the correspondent bank’s Indian Rupee account with HSBC India.

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Foreign Currency Cheques/Drafts

To send money to India the traditional way, all you need to do is write out a local currency cheque and mail it your beneficiary. As soon as your beneficiary deposits this cheque into an HSBC branch in India, we will credit the account in 14-21 days.

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Features & BenefitsFeatures & Benefits

Simple mode of transfer

Credit to HSBC India account in 14-21 days

 

Who can send?Who can send?

This facility is available to NRIs across the globe for sending money into accounts with HSBC India.

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1 For NRIs in UK: The NRI can instruct HSBC Bank plc / first direct to transfer funds from his/her GBP account with HSBC Bank plc/first direct in UK using the bill payment module available through Phone Banking and through Personal Internet Banking offered by HSBC Bank plc / first direct, to his or her account with HSBC in India(NR account) and this will be done free. HSBC Bank plc/first direct customers can also give these instructions using the direct debit form on www.hsbc.co.in or by sending a cheque drawn on the NR's account with HSBC Bank plc/first direct in UK.

2 For NRIs in UAE: Transfers from the UAE are free only if the funds are transferred from your AED account with HSBC Bank Middle East Limited to your own NR account with HSBC India.

3 For NRIs in HK: The transfers are free only if done from your HKD account with HSBC Hong Kong to your NR account with The Hongkong and Shanghai Banking Corporation Limited in India. Only transfers to an NR savings/current account can be done instantly. Also, only transfer requests submitted before 3:55 p.m. for Monday to Friday or 11:55 a.m. for Saturday ( Hong Kong time) will be processed on the same day. All transfer requests submitted afterwards will be processed on the next working day. The term 'working day' refers to a bank working day in both Hong Kong and India.

All foreign currency transactions through HSBC India are subject to Service Tax. Please Click here for details.

# As per current local regulations the permissible remittance from the balances in NRO accounts is up to USD 1 million, per financial year for all bonafide purposes. The remittances (net of applicable taxes) will be allowed to be made on production of an undertaking by the remitter and a Certificate from a Chartered Accountant in the prescribed formats.