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HSBC's Bank Tariffs

Payment Services

Outward Payments

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Cashier's order


Service charge - Singapore dollar - US dollar Waived only for withdrawal of Singapore dollar Time Deposit payable to self Same day collection charges* (Same day collection charge is in addition to Service Charge. E.g. A Singapore dollar Cashier's Order collected on same day will incur S$10+S$10 = S$20 charge) - Singapore dollar Cashier's Order - US dollar Cashier's Order Postage - Local - Overseas Replacement of Cashier's Order - Singapore dollar - US dollar		S$10* US$20 S$10 US$10 Waived S$10 S$20 plus stop payment charges of S$30 (if any) US$40 plus stop payment charges of US$30 (if any)

Singapore dollar payments to banks in Singapore
• At the branch • Through internet banking (MEPS) • Through internet banking (GIRO)		S$20 per item S$5 per item FREE

Demand drafts


Debited from a Singapore dollar account		0.125% commission (min. S$25, max. S$150) plus cost of cable, if any

Debited from a foreign currency account in the same currency		0.125% commission (min. S$25, max. S$150) plus 0.125% commission in lieu of foreign exchange (min. S$25, max. $150) plus S$20 agent charge, cost of cable, and postage if any

Same day service Normal-next working day		S$10

Postage for mailing to overseas beneficiary		S$10

Cancellation of draft


Without replacement Draft returned to bank		S$20 plus cost of cable plus overseas charges, if any

With replacement Draft returned to bank		S$40 plus cost of cable plus overseas charges, if any

Stop payment of draft


Without replacement		S$40 plus cost of cable plus overseas charges, if any

With replacement		S$60 plus cost of cable plus overseas charges, if any

Telegraphic Transfers

Outward remittances in Singapore dollar from HSBC Singapore accounts to non-resident client's HSBC Indian in favour of own name		FREE

Non-US dollar Telegraphic Transfers


Customer instruction	Commission	Commission in lieu of foreign exchange	Cost of cable
Debited from Singapore dollar account	0.125% (min. S$20, max. S$100)	N.A.	min. S$20, max. S$40

Debited from a foreign currency account in the same currency	0.125% (min. S$20, max. S$100)	0.125% (min. S$25, max. S$150)	min. S$20, max. S$40

Investigations (initiated by customer)

Cost of cable

S$40 per cable plus agent charges, if any

Document retrieval charges

• Within 6 months

S$50 per month

• Between 6 to 12 months

S$100 per month

• Between 12 to 24 months

S$200 per month

• More than 24 months

S$400 per month

Inward Payments

Remittances


Credit to account		FREE

For cash payment in Singapore dollars		0.125% handling commission (min S$50)

For cash payment in the form of foreign notes in the same currency of remittance		0.125% handling commission (min S$50) plus 1.5% commission in lieu of foreign exchange (min S$50, max S$300)

Foreign currency cheque deposit


Purchase/ Collection for value of cheques		0.125% commission (min. S$50, max. S$500) plus postage of S$3

Transit interest		Charge will apply for cheques purchased

Drawee bank charge will be deducted from cheque proceeds and courier charges (if any).

Inward telegraphic transfer request
• Handling fee for overseas HSBC customers

S$20 per request

Travellers' Cheques

Encashment (commission will be waived for cheques issued by HSBC Group)


In Singapore dollars		0.25% commission (min S$50) plus postage of S$3

In foreign currency notes		0.25% commission (min. S$50) plus 1.5% commission in lieu of foreign exchange (account holder min. S$30, max. S$300, non-account holder min. S$50, max. S$300) plus postage of S$3

For credit to account

0.125% handling commission (min. S$50, max. S$500) plus postage of S$3

Transit interest

Charge will apply for crediting to foreign currency account.

All fees stated are subject to prevailing GST.