This facility is available to NRIs across the globe for sending money into NR accounts with HSBC India.
To send money to India the traditional way, to do is write out a local currency cheque and mail it to the beneficiary. As soon as the beneficiary deposits this cheque into an HSBC branch in India,The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) will credit the account in 14-21 days.
NR deposits are offered under the Reserve Bank of India program for Non-Resident Indians and are governed by the rules in effect from time to time relating to such programs, are subject to the sovereign risk arising from, and governed by the laws of, or any changes to the laws of India. We remind UK citizens and UK residents that deposits with HSBC India are not subject to the rules made under the Financial Service Act 2000 for the protection of private customers, including the Financial Services Compensation Scheme.