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Non-Resident Indians (NRIs)

Made for NRIs seeking a truly global financial partner.

Never far away from Home

When you move abroad for study, the opportunities can bring immense joy and excitement. But it can also be challenging as you navigate the emotional journey of moving to a new country without the comforts of home around you. At HSBC, we believe that studying abroad shouldn’t mean sacrificing your sense of belonging and that’s why we teamed up with Virat Kohli to surprise Indian students in the UK with a game of gully cricket – something that is uniquely Indian and a lovely reminder of home, and also a wonderful way to create new connections and a new sense of belonging with other students in the UK. Watch the video to see their reaction!

Why NRIs may choose Singapore

NRIs choose to work and live in Singapore for

  • Geographical proximity to India
  • Great quality of life, healthcare facilities
  • Education for children
  • Fair immigration requirements and big community support
  • Convenience of Indian and vegetarian friendly dining options

Singapore also appeals to many for investments and international banking making it one of the leading financial hub in Asia and a prime hub for offshore wealth management.

Banking services suited especially for NRIs

INR Remittance

The 2021 Global Indian Pulse report shows that 40% of Overseas Indians in Singapore stay connected to India by sending money back home. Whether it's for purchasing property, family expenses, or your children's education, having access to fast and cost-effective funds transfers is important.

HSBC Global Money Transfers lets you send money faster and fee-free1 , with just a few taps on the HSBC Singapore app. Send money to:

  • over 50 countries/territories like a local (i.e. Send like a local)
  • over 200 countries/territories via SWIFT
  • other third-party HSBC accounts instantly2

Recognition of your international credit history

If you are new to Singapore, you may choose to provide your information and consent for us to access use your credit history from India during your credit card application. This may help us understand you better and provide you more appropriate credit limit. You can also receive a free copy of your credit report. Learn more here.

Digital Wealth Solutions

Access wealth platforms both online and on mobile so you can self help from where you need to and get greater control on your wealth needs. View all of this and manage seamlessly via Wealth Dashboard

Digital wealth includes

Those seeking advanced wealth solutions and expertise, can get access to Specialists for Wealth Planning, Legacy Planning, Retirement Solutions and more.

What's more for NRIs

Extend Premier privileges to family members including wife and up to 3 children (12-30 years) with their independent sole name accounts.

Array of credit card options providing local offers on Indian and global cuisine restaurants, grocery  shopping, discounts on Bollywood & international movies at Golden Village, and our Home&Away Programme.

Get even more cashback on your everyday banking with our new HSBC  Everyday+ Rewards Programme at home and overseas.


Invitation to exclusive webinars on key topics of NRI interest including Indian budget, property market insights and more.

Festive celebrations

Attractive line-up of events and offers on Indian festivals such as Diwali, Holi, etc.

NRI benefits beyond banking

Enjoy value added offers including

tax and legal consultation & will writing services provided by our external partners

complimentary prepaid sim cards, airport pick up service upon relocation to Singapore

support for young ones education dreams through overseas education consultation provided by our external partners.

healthcare services from medical experts for you and your family

More details here.

Exclusive NRI support

  • Dedicated Premier relationship managers and service team who understand cross border requirements and speak your language be it English, Tamil, Hindi, Telugu, Punjabi, Gujarati, etc
  • Dedicated service desk for NRIs to assist with servicing requirements with accounts across both India and Singapore.

Start your HSBC Singapore relationship today

With HSBC EasyID you can open an account online within a few minutes!

Before you start, make sure you have one of the following ID on-hand.

  • NRIC (for Singapore citizens or PR)
  • Passport
  • MyKad (for Malaysian citizens)

Open an HSBC Premier account

New to HSBC?

Apply for an HSBC Premier account to enjoy exclusive worldwide privileges3.

Apply for HSBC Everyday Global Account (Personal Banking)

I'd like to qualify using my

Minimum Balance - Keep a minimum average daily balance of SGD2,000 (or its equivalent) in a single currency or in combined currencies

HSBC Credit Card

I want to apply credit card

For NRI/ HSBC India related services, write to Overseas Indian Service Desk at

Thinking about international services?

Simply select your current location and where you would like to open an overseas account. We'll then tell you the best way for you to apply and walk you through the steps

Alternatively, leave your details and we will contact you

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Make faster international money transfers and connect back home faster


1Some intermediary banks may charge fees. You can see an estimate of the applicable fees when you review your transfer. The actual amount is subject to the intermediary bank and will be debited after you've confirmed your transfer.

Some banks may charge for incoming international transfers. Your payees will need to check with their banks on these charges as they vary and will be debited from the payee's account. We are unable to advise you on the fees applied by other banks for payments sent through Global Money Transfers.

2Foreign exchange transactions involving the following currencies: Bermudian Dollar, Egyptian Pound, Qatari Riyal, Indonesian Rupiah, Sri Lankan Rupee, Malaysian Ringgit, Vietnamese Dong, Philippine Peso and Omani Rial may not be processed instantly over the weekend and public holidays.

3To qualify for HSBC Premier, you must keep a minimum Total Relationship Balance (TRB) of SGD200,000 (or its equivalent in foreign currencies).

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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.