NRIs residing in the UAE and holding a bank account with a bank in UAE can use the Wire Transfer facility to send money into their NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India).
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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. 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).
In case of a wire transfer done to a Resident Savings account held with HSBC India, an inward remittance fee of INR 300 (plus applicable taxes) and finance charges of INR 100 (plus applicable charges) will be debited from the beneficiary account.
** The term 'working days' refers to days that are bank working days in both, the country of remittance and HSBC India.
NR Accounts and NRI Services are offered by The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) under the Reserve Bank of India Non-Resident Indian Program.
NRI deposits are under the Reserve Bank of India programme for Non-Resident Indians and are governed by the rules in effect from time to time relating to such programmes, are subject to the sovereign risk arising from, and governed by the laws of, or any changes to the laws of India.
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).
Key features:
- 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 other bank accounts in India, for free, through Personal Internet Banking offered by HSBC India(once funds are credited into your NR account)
In case of a wire transfer done to a Resident Savings account held with HSBC India, an inward remittance fee of INR 300 (plus applicable taxes) and finance charges of INR 100 (plus applicable charges) will be debited from the beneficiary account.
** The term 'working days' refers to days that are bank working days in both, the country of remittance and HSBC India.
NR Accounts and NRI Services are offered by The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) under the Reserve Bank of India Non-Resident Indian Program.
NRI deposits are under the Reserve Bank of India programme for Non-Resident Indians and are governed by the rules in effect from time to time relating to such programmes, are subject to the sovereign risk arising from, and governed by the laws of, or any changes to the laws of India.
Get Started
Who can send a Wire Transfer?
NRIs residing in the UAE and holding a bank account with a bank in UAE can use the Wire Transfer facility to send money into their NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India).How to remit?
The Wire Transfer process is extremely simple. All you have to do is visit your bank branch and instruct them to remit the specified amount of money into your NR account with HSBC India.If you already have a HSBC NR Account and also an account with HSBC Bank Middle East Limited
Visit your nearest HSBC Bank Middle East Limited, branch and instruct them to remit the specified amount of money into your NR account with HSBC India.or
Send the below given instruction form by mail / courier to any of the NRI centres in the UAEIf you do not have an NR account with HSBC India
If you hold a bank account in any other bank in the UAE and have an NR account with HSBC India
See instructions that you will need to provide to your bank to transfer the funds into your NR account with HSBC India.You can now deposit an Indian Rupee Draft, issued by any of HSBC India's correspondent banks into any Branch of HSBC India and get the beneficiary account credited in just 3 working days.**
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