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FastCLICK

Internet Banking based money transfers to India


With FastCLICK, NRIs can send money to India from the comfort of your home or office, using Internet Banking.

"International Transfers made from USD accounts with HSBC Bank USA, N.A. are subject to HSBC Bank USA, N.A.'s outgoing funds transfer fee, which will be charged to the deposit account from which the transfer is made. This fee will be waived by HSBC Bank USA, N.A. for International Transfers made from your PLUS checking account with HSBC Bank USA, N.A. to your own Non Resident account with HSBC India."

This facility is available only for customers holding account with HSBC Bank USA N.A (HSBC USA) and an NR Account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India).

To avail of this facility you need to be registered for Internet Banking on your USD account with HSBC USA and enrolled for the 'International Transfers' feature available on Internet Banking.

For details on registration and bank charges pertaining to your account with HSBC USA, please contact HSBC USA representative.

Key features:

  • Send money to your account online with HSBC India
    Send money from your USD account at HSBC Bank USA, N.A. to your
    - NRE / NRO Savings / Current account with HSBC India
    - FCNR Term Deposit## in USD

    Moreover your money gets credited into your HSBC NR account in India in just 3 working days**!
  • How much money can you transfer online?
    You may transfer up to USD 10,000 per transaction. (No restrictions on the number of transactions)
  • Exchange rates online
    HSBC offers very competitive exchange rates, so get more out of your money. Please login to Personal Internet Banking offered by HSBC India to view current exchange rates.
  • FREE online transfers to other accounts
    Transfer funds to other bank accounts in India, for free, through Internet Banking (once funds are credited into your NR account).
    To see the demo click here.

^ Conditions apply

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

## 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 Internet Banking facility.

** The term 'working days' refers to days that are bank working days in both USA and 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. 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 on their worldwide income. You should consult your tax advisor for the U.S. treatment of income from these deposits.

Next Steps

Get Started

To start using this facility, you are required to have an NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) and also registered for Internet banking facility
Already have a HSBC NR Account? Click here for more information on Internet Banking.

If you do not have a HSBC NR Account, click here for more information and to apply.
And
A checking / savings account with HSBC Bank USA, N.A and also registered for Internet Banking facility.
Ready to start using FastCLICK

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