Top of main content

Foreign exchange

We offer easy solutions for managing foreign currencies.

Make the most of foreign exchange rate movements

Looking to invest in foreign currencies or send money abroad? Our foreign exchange (or forex) solutions can help. You can even keep on top of market movements with our FX Order Watch on the HSBC Singapore app.

Open an Everyday Global Account to get started. Or check out our FX rates now[@mid-market-rates].

Open an account with HSBC Everyday Global

FX at your fingertips

Buy and sell on the HSBC Singapore app

See and manage your currencies all on the app. View recent and past transactions, and make them again with just one touch access. 

  • Control your FX conversion rates by setting alerts or auto-conversions at your preferred rate with FX Order Watch
  • Convert currencies easily and transfer between all of your HSBC accounts worldwide

Let us track rates for you

Never miss an FX opportunity with FX Order Watch. We track the markets so you just need to set up an alert for when the rates are right for you.

To set your target rate and alerts you:

  1. Log on and go to 'Wealth' or 'Pay and transfer'
  2. Select 'Foreign exchange' and check your real-time preferential FX rates
  3. Tap 'Set your target rate' and follow the on-screen instructions

Or follow along with our video guide.

Download transcript (PDF) This link will open in a new window
Download transcript (PDF) This link will open in a new window

Exchange more, save more

Join HSBC's Forex Club and benefit from a tiered pricing programme based on the amount you've accumulated in FX transactions during the transactional period. The more you exchange, the better pricing you'll get.

  • Bronze tier (less than SGD20,000): no discount
  • Silver tier (SGD20,000 to 149,999.99): 15% discount
  • Gold tier (SGD150,000 to 799,999.99): 25% discount
  • Platinum tier (SGD800,000 and above): 40% discount

FX products and services

HSBC Everyday Global Account  

Spend and save in 11 currencies with just one account and get rewarded with cashback and bonus interest. T&Cs apply (PDF).
Discover the EGA debit card  

FX Order Watch  

Get an alert or convert your funds automatically once the market reaches your target foreign exchange rate.
  Log on and set up This link will open in a new window

Global View and Global Transfers  

See all your HSBC accounts, and make instant transfers to any global HSBC account, all in one place.
  Log on and access This link will open in a new window

HSBC Global Money Transfers  

Make faster international transfers for free[@global-money-transfers-intermediarybankfees] with your HSBC Everyday Global Account on the HSBC Singapore app.
Open an HSBC account  

What you need to know about FX

Regulatory restrictions

Please note that there are limited restrictions on clearing some currencies locally. These currencies include the Korean won (KRW), Taiwan dollar (TWD), and Malaysian ringgit (MYR).

We won't be able to clear onshore Chinese renminbi (RMB).

Eligible transactions 

Who can make FX transactions? 

Where can I make FX transactions? 

Put your trust in an award-winning bank

Singapore's Best Investment Research

HSBC was awarded Singapore's Best Investment Research award in Euromoney Global Private Banking Award 2024*. We're the preferred wealth partner for multigenerational families globally. We're committed to delivering high-quality insights and market analyses to help our clients make informed decisions.

*Singapore's Best Investment Research award was won by HSBC Global Private Banking.

 

Trade foreign currencies with us today

New to HSBC?

You can apply for an Everyday Global Account (EGA) first via the HSBC Singapore app if you don't already have a credit card, bank account, mortgage or insurance with us.

Scan the QR code to apply.

Scan the QR code to apply for Every Global Account

Apply via the HSBC Singapore App

Download the app

Already an HSBC customer?

Log on to the HSBC Singapore app to make FX transactions or set up FX Order Watch.

Download now for HSBC Singapore app

Contact us 

Frequently asked questions

Can I invest in commodities? 

Where can I find the latest FX updates? 

You may also be interested in

Mobile banking  

Manage your money easily, even when you're on the go, with mobile banking.

Worldwide Transfers  

Send money to banks in over 200 countries and regions outside Singapore, in a wide range of currencies.

HSBC Forex Club  

Enjoy discounts on your foreign exchange transactions – the more you exchange, the better pricing you'll get.

Additional information

There may be a gain or loss when you convert foreign currency.

    Selected markets where the HSBC Singapore app is available 

    The HSBC Singapore app is available on Google Play and the App Store in the following markets:

    Albania, Algeria, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Chad, Chile, China, Colombia, Republic of Congo, Costa Rica, Croatia, Cyprus, Czech Republic, Côte d’Ivoire, Denmark, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany , Ghana, Greece, Grenada, Guatemala, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Republic of Korea, Kuwait, Kyrgyzstan, Lao People's Democratic Republic, Latvia, Lebanon, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Mali, Malta, Mauritania, Mauritius, Mexico, Federated States of Micronesia, Republic of Moldova, Mongolia, Montserrat, Morocco, Mozambique, Myanmar (Burma), Namibia, Nepal, Netherlands, Netherlands Antilles, New Zealand, Nicaragua, Niger, Nigeria, North Macedonia, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Saint Lucia, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, St. Kitts and Nevis, St. Vincent and The Grenadines, Sudan, Suriname, Swaziland, Sweden, Switzerland, São Tomé and Príncipe, Taiwan, Tajikistan, United Republic of Tanzania, Thailand, Togo, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uruguay, Uzbekistan.

    Back to top  

    Connect with us

     
    Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.