Key features:

• Faster Transfers
  The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) NR account gets credited in India 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
  Added benefit of knowing the final Indian Rupee amount upfront, especially when credit of exact amount is critical

^#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.

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.