Easy remittances in a wide range of currencies
With HSBC's global network, you can send payments and transfers to over 200 countries.
The HSBC Worldwide Transfer service lets you quickly and easily transfer your funds to banks outside Singapore.
If you're an online banking customer, you can send a transfer or payment now.
$0 fee for online remittances
From now until 31 March 2019, send money through the Worldwide Transfer service in online banking without any remittance fee.
The offer's open to Premier customers making an international online transaction. The fee for non-Premier customers is SGD 10.
How it works
- Access real time foreign exchange (FX) rates 24 hours a day, Monday to Friday, and preferential FX rates during the weekend
- Know the exchange rate before sending your transaction
- Easily access our global bank search tool to better manage your remittances and saved transfers
- Set recurring or future-dated payments so you never miss an international payment
Here are just some of the available currencies:
- Australian dollar (AUD)
- British pound (GBP)
- Chinese yuan (offshore RMB)*
- Euro (EUR)
- Hong Kong dollar (HKD)
- Indian rupee (INR)
- Japanese yen (JPY)
- US dollar (USD)
- Philippine peso (PHP)
- UAE dirham (AED)
and many others.
*Worldwide transfers and Renminbi
Deposits and withdrawals involving a Renminbi (RMB) deposit account must have a foreign exchange conversion from a non-RMB denominated currency, except transfers between a RMB Time Deposit Account and a RMB Multi Currency Savings Account. The deposit in your RMB Deposit Account will be converted from RMB to another freely convertible currency for withdrawal, at the current exchange rate.
RMB-specific risks for RMB products
RMB is currently not freely convertible and RMB conversion may be subject to certain restrictions. The amount of offshore RMB (deliverable outside mainland China, informally known as CNH) may be limited, which may affect the liquidity of offshore RMB products. The market for offshore RMB is a different market to that of onshore RMB (deliverable in mainland China, known as CNY). Apart from its own supply and demand, the offshore RMB exchange rate may be influenced by the onshore exchange rate, which currently trades within a band set by authorities in the onshore interbank market. The two rates may converge with or diverge from each other.
Fees and charges
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Use the service
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You need to be registered for online banking to use this service.
All conversion, foreign exchange rates and deposit rates used or provided are indicative only and subject to change by the Bank at any time (including intra day changes) without notice.
Data, information, news, videos and computation tools are provided for informational purposes only, and are not intended for trading purposes. The Bank shall not be liable for any errors or delays in the content or computation, or for any actions taken in reliance on the same. Information contained in this document is obtained from sources believed to be reliable; however HSBC does not guarantee its completeness or accuracy.
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