Beat HSBC Bank exchange rates when making an international currency transfer or overseas payment, save time, money and get the best deal. It’s a good idea to evaluate HSBC Bank money transfer options and alternatives to make sure you’re getting the maximum savings possible.
International currency transfers to or from your HSBC Bank account in UK pounds, euros, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.1% and additional bank transaction or commission fees may apply.
HSBC’s international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
HSBC, also known as the Hongkong and Shanghai Banking Corporation, is one of the largest banking and financial services institutions in the world. Founded in 1865 in Hong Kong, HSBC has a long and storied history of providing banking services to customers around the globe.
The bank has weathered many financial crises and economic downturns, establishing itself as a reliable and resilient institution. With a presence in over 65 countries and territories, HSBC continues to be a leader in the banking industry, offering a wide range of services to individuals, businesses, and governments.
International money transfers from HSBC Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing HSBC Bank account holder to use their services.
Unless you pay a premium, HSBC Bank’s service can take up to 5 working days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
HSBC Bank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer.
Save on the exchange rate conversion when transferring money abroad from your HSBC Bank account to or from UK pounds and the euro. HSBC Bank international money transfers to or from the European Union and the UK have higher transaction charges, due to a less competitive exchange rate offered by HSBC. More: HSBC Bank GBP vs EUR money transfer
Save on the exchange rate conversion when transferring money abroad from your HSBC Bank account to or from UK pounds and the US dollar. HSBC Bank international money transfers to or from the United States and the UK have higher transaction charges, due to a less competitive exchange rate offered by HSBC Bank. More: HSBC Bank GBP vs USD money transfer
HSBC, one of the largest and most influential banks in the world, has a strong presence in many countries around the globe. With over 3,900 offices in 67 countries and territories, HSBC offers a wide range of banking services to individuals and businesses. Some of the countries where HSBC has a significant presence include the United States, United Kingdom, Hong Kong, Canada, and Australia.
HSBC’s extensive network of branches and ATMs makes it convenient for customers to access their financial services wherever they may be.
Find HSBC Bank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest HSBC Bank branches in your search area results.
You can find answers to everyday banking questions by visiting the HSBC Bank website. If you can’t find the answer you’re looking for, you can call them from outside the UK on +44 1226 261 010
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers