This facility is available to NRIs across the globe for sending money into accounts with HSBC India.
To send money to India the traditional way, all you need 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, we will credit the account in 14-21 days.
NRI Services are provided by HSBC India. HSBC India are the branches of The Hongkong and Shanghai Banking Corporation Limited. NRI accounts are offered by HSBC India under the Non-Resident Indian program of the Reserve Bank of India. HSBC India is not a member of the Federal Deposit Insurance Corporation (FDIC) therefore NRI accounts with HSBC India are not FDIC insured. Deposit products in the United States are offered by HSBC Bank USA, N.A. or HSBC National Bank USA. Both Banks are Member FDIC.