Now you can send money to your NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India), for FREE^* in just 3-5 working days^**!

A flat conversion fee of Rs. 50/- plus service tax, currently applicable at 10.30% of the fee, will be debited by HSBC India from the proceeds of each remittance transaction involving foreign currency conversion.

Sending money using FastCHEQUE is fast, convenient and free^*

Key features:

• Send money to your NR account with HSBC India
  Send money from any of your USD bank accounts in the USA to your
  • NRE/NRO Savings/Current account with HSBC India
  • NRE/NRO Term Deposit^# in Indian Rupees
  • FCNR Term Deposit^## in USD
  Moreover your money gets credited into your NR account with HSBC India.
• It's FREE^*
  Money transferred to your NR account with HSBC India through FastCHEQUE is FREE^*
  
  A flat conversion fee of Rs. 50/- plus service tax, currently applicable at 10.30% of the fee, will be debited by HSBC India from the proceeds of each remittance transaction involving foreign currency conversion.
• 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).
  To see the demo click here.

* Remittances through FastCHEQUE are free only if they are done using a USD cheque through the lockbox in Pittsburgh. Please note that you can deposit only a personal or certified cheque drawn on your account or official bank / cashier's cheques, into the lockbox. Deposit of currency / coin, travelers' cheques in any form, money orders, third party items, business cheques, Canadian items, foreign items, promissory notes and securities / stocks (impermissible items), is not permitted. Deposit of such impermissible items at the Lock Box would be treated as violation of the terms of service and may lead to restricting of transactions in the account/ termination of the relationship.Please note, a charge of USD 10 would be debited from your NRE / NRO account with HSBC India, if your cheque gets returned.

**The term 'working days' refers to days that are bank working days in both USA and India. In case of FastCHEQUE, the NR account will be credited in 3-5 working days post receipt of the cheque at the lockbox.

^#The transfers to an NRE/ NRO Term Deposit can be done only if you already hold a NRE/ NRO savings/ current account with HSBC India. For assistance in opening your first Term Deposit, call our Toll Free number 1-877-NRI-HSBC(1-877-674-4722) or click here to see how you can open a term deposit using Personal Internet Banking facility offered by HSBC India.

^##The transfers to an FCNR Term Deposit can be done only if you already hold a NRE/ NRO savings/ current account with HSBC India. For assistance in opening your first Term Deposit, call our Toll Free number 1-877-NRI-HSBC(1-877-674-4722) or click here to see how you can open a term deposit using Personal Internet Banking facility offered by 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.

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. NR deposits with the Bank in India are not insured by Federal Deposit Insurance Corporation (FDIC) of the U.S.A., nor by any other insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made. Under current U.S. tax laws, U.S. citizens and residents are subject to tax in their worldwide income. You should consult your tax advisor for the U.S. treatment of income from these deposits.