The Global Money Account lets you hold up to 19 currencies in a single account.
You can load your account with the following currencies:
AED, AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, JPY, NOK, NZD, PLN, SEK, SGD, THB, USD, ZAR
FAQs
What is the minimum balance for a HSBC Expat account? ›
Who can open the account? To open an Online Bonus Saver account, you'll need to: have an HSBC Expat Bank Account and be registered for online banking. maintain a minimum balance of GBP 5,000, USD 5,000 or EUR 5,000 in your Online Bonus Saver account.
What is the advantage of HSBC Expat account? ›Your Expat account provides a place for your money to grow in a convenient, central location. It connects to your home account, for financial commitments in your home country, and to your local accounts, for everyday expenses in the country you've moved to.
Is HSBC a good bank for expats? ›To summarize, HSBC Expat is a good option in terms of banking. Even so, there are other choices that are superior.
Is the HSBC Everyday Global account worth it? ›This type of account will be attractive for global travellers or those who frequently purchase from foreign merchants who are either looking to lock in their exchange rate prior to making purchases, as well as those looking for flexibility in accessing the best possible exchange rate for their purchases, a unique ...
How much does an HSBC Global money account cost? ›It's free from HSBC fees. Non-HSBC fees may apply. If a payment is sent to your Global Money Account in a non-GBP currency it will be received, but will be converted into GBP. In the future you'll be able to receive foreign currency into your account without it being converted to GBP.
What is the minimum balance for HSBC Global? ›| Details & Requirements | |
|---|---|
| Minimum Age Requirement | 18 |
| Minimum Initial Deposit | S$100 or equivalent |
| Minimum Balance Requirement | S$2,000 |
| Fall-Below Fee | S$5 (No Waiver) |
Money you move into your Global Money Account is held by HSBC Expat which is a division of HSBC Bank plc, Jersey branch. This means that funds will be subject to the Jersey Bank Depositor Compensation Scheme which offers protection for eligible deposits of up to £50,000.
What is the benefit of HSBC Everyday Global account? ›Everyday Global Account (EGA) benefits
Earn up to 4.45% p.a. interest on your SGD savings with your Everyday Global Account. To register, send an SMS to 74722 with the following format from 16 June to 30 June 2024. Terms & Conditions applyTerms & Conditions apply This link will open in a new window.
Global Money allows you to hold and convert money in multiple currencies. You can then manage, spend and send foreign currencies globally, at the most competitive exchange rates and with no HSBC fees.
What are the disadvantages of HSBC bank? ›- Present in only eight states and the District of Columbia with fewer than 150 branches.
- Low APYs on interest-bearing checking accounts.
- Overdraft protection possibly more than insufficient funds fees.
- HSBC and HSBC Direct unconnected online.
- The number of ATMs isn't available online.
Do you get a card with an HSBC Global money account? ›
With a Global Money Account you can order a multi-currency Global Money debit card to use at home and abroad. You can add the card to your digital wallet and start using it straight away.
Who is eligible for HSBC Expat account? ›To join HSBC Expat you must be over 18, resident of an eligible country or region11 view footnote 1, and meet one of these criteria: Save or invest at least £50,000 (or currency equivalent) with HSBC Expat within 3 months of opening your account, or Have a salary of at least £100,000 (or currency equivalent), or
Can I withdraw money from my HSBC Global money account? ›You can withdraw money for free from any ATM worldwide. It doesn't have to be an HSBC ATM.
What is the limit on HSBC Everyday Global account? ›Transaction limits for HSBC Everyday Global Account
Daily transfers and withdrawal limit are set at $10,000 for online transfers and $2,000 for ATM or EFTPOS transactions. Maximum load and BPAY/bank transfer amounts are set at $20,000.
You can even shop online on overseas sites and pay in a foreign currency to take advantage of favourable exchange rates, all with no transaction fees.
What is the minimum balance to be maintained in HSBC bank? ›HSBC Bank Savings Account Fees and Charges
| Product | Minimum Balance |
|---|---|
| Regular Savings Account Minimum Balance | For metro urban branches: Rs.10,000For Semi Urban branches: Rs.5000For Rural branches: Rs.2,500 |
| Women's Savings Account Minimum Balance | For metro urban branches: Rs.10,000For semi urban and rural branches: Rs.5,000 |
We charge a monthly minimum account balance fee of SGD5. But you'll only need to pay this if the average daily balance in your HSBC Everyday Global Account was below SGD2,000 in the previous calendar month. You won't be charged if it's above this.
What is the minimum balance for HSBC One account? ›HSBC One lets you spend and save in 12 major currencies with just one account. You can invest or make time deposits and more, all without having to maintain a minimum total relationship balance with us.