Non-Resident Indians (NRIs)

Today a new country is hosting you where you have everyday expenses to worry about. You are also deeply connected back home to India and have financial commitments towards parents or property. No matter where you are today and where you go next, you deserve a constant in life and we recognize that.

With HSBC Singapore, an international hub and truly a global partner, you can make your money grow in a safe, convenient central location while addressing payments, savings and investment needs everywhere you have been and everywhere else you plan to go.

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

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.

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

• Digital Investment Account Opening
• Online Security Trading in US, Singapore and Hong Kong
• Online Unit Trust
• Bonds and structured products
• Wealth Insights

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

Enjoy value added offers including

More details here.

• 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.

With HSBC EasyID you an open your 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)

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.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.