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Global Money Transfers

Send money to anyone, anywhere in the world, faster than ever before

Unrivalled money transfer service with the HSBC India app

Send money abroad, make international payments and transfer money to your overseas accounts - freeFootnote link 1 using the HSBC India app.

Key benefits

FreeFootnote link 1 money transfers to other HSBC accounts abroad

Whether you're a local or an NRI, you can send money to other HSBC account holders for free.

  • Fast convenient payments to friends, family or your own accounts across the worldFootnote link 2
  • HSBC is present in 20+ international markets

No fee on transfersFootnote link 3 to non-HSBC banks.

Even if the recipient isn't an HSBC customer you can still benefit from fast, free transfers.

  • Send money to non-HSBC accounts in over 200 countries and regions
  • Send money in 20 different currencies

View real-time foreign exchange ratesFootnote link 4 before sending your transferFootnote link 5

Bank smarter with exchange rates that are updated every 90 seconds during market hours.

  • Calculate exactly the currency conversion before you transfer
  • Take advantage of favourable exchange rates as they happen
  • Available 24/7, even on bank holidays

International banking made easy

A market leading app with in-built functions designed for easy banking.

  • Safely store and manage international recipients' details
  • Add new recipients around the world in just a few taps
  • Transfer summary includes estimated arrival time, amount, fee and applicable taxes

How it works

The countries/regions and currencies included within Global Money Transfers

Things to know

You can use Global Money Transfers if you:

  • are an HSBC customer
  • have downloaded the HSBC India app

Transfer money

Already have the HSBC app?

Just open your app to get started

Don't use the app yet?

If you're an existing HSBC customer, simply download the app and follow the on-screen instructions to set up Global Money Transfers.

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International Money Transfer

 

View all your global accounts in one place online and instantly move money between them, fee-freeFootnote link 8.

Charges for using your credit card abroad

 

See what fees you may be charged when using your credit and debit cards overseas.

HSBC Premier

 

The Premier account unlocks a world of opportunity.

Liberalised Remittance Scheme (LRS): What you need to know

 

Residents of India can use the LRS to remit up to USD250,000 per financial year. 

Additional information

  1. Most HSBC to HSBC transfers are fee-free, but some 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.
  2. To reasonably satisfy that the transaction in foreign exchange (including remittance transactions) undertaken is not in contravention of the Foreign Exchange Management Act, 1999 (Act) or evades the provisions of the Act or any of the Rules or Regulations made or Notifications or directions or orders issued under the Act, the Authorised Dealer Bank may be required to obtain a declaration and such other information from the person (applicant) on whose behalf the transaction is being undertaken.
  3. No transfer charge to HSBC customer, but international banks may charge the recipient an incoming transfer fee
  4. Real-time rates are available 24 hours from Monday to Saturday, excluding bank holidays. Foreign exchange transactions performed over the weekend and public holidays are subject to a higher bank spread compared to weekday transactions, as markets are closed during these times.

  5. All conversions and foreign exchange rates used or provided are indicative only and subject to change by the bank at any time, including intra-day changes, without notice. The final rate will be set when you confirm your transfer.

    The conversion of any foreign currency may result in gain or loss, depending on the exchange rate.

  6. TCS will not apply if the remittance is out of an education loan from a financial institution defined in section 80E of the Income Tax Act,1961. TCS will apply at the rate of 5% for remittance made from other sources for education purpose. TCS would be applicable on remittances above INR1,000,000 in a financial year. The customer making the remittance should be able to claim credit of TCS while filing tax return.

  7. Resident Indians can transfer money using Global Money Transfer as per Liberalised Remittance Scheme limits. All such transactions done by resident Indians will be checked and processed between 9am and 5pm on business days (Mumbai). Business days refer to any day except a Saturday, Sunday or public holiday in Mumbai.

    If TCS has been incorrectly charged as per amendments introduced by Finance Act, 2025 with effect from 1 April 2025, then the same will be reversed after reconciliation.

  8. The Global View and Global Transfer service is available in select countries/regions and is subject to local regulations. In India, these services are subject to applicable restrictions under the Foreign Exchange Management Act, 1999. You can only make outward transfers from NRE accounts when using HSBC Premier/Advance Internet Banking in India.

     

    Global Transfer Service (the 'Global Transfer Service') is provided by HSBC Holdings plc and its worldwide subsidiaries (each of which is included when the words 'we' and 'us' and 'our' and 'HSBC' are used in these terms). The Global Transfer Service enables the customers (Customer) of The Hongkong and Shanghai Banking Corporation Limited, India (HSBC/the Bank) a convenient way to transfer money between accounts linked in Global View, through the Bank's Personal Internet Banking in that country/region with your accounts held and accessible through HSBC Personal Internet Banking in any other country/region. The Global Transfer Service is not available in all countries/regions.

     

    Please read the full Global Transfer Service terms and conditions (Terms) before you begin using the Global Transfer Service and transferring funds between your accounts.

Disclaimer 

Global Money Transfer is provided by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC/the Bank) to its Resident Indian and Non-Resident Customers for doing outward remittance through HSBC India Mobile app. The Global Money Transfer Service enables the customers (Customer) of HSBC India a convenient way to transfer money internationally within HSBC and third party through the Bank's Mobile app. The Global Money Transfers supports the following currencies UAE Dirham (AED), Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), Czech Koruna (CZK), Danish Krone (DKK), Euro (EUR), Sterling Pound (GBP), Hong Kong Dollar (HKD), Japanese Yen (JPY), Norwegian Krone (NOK), New Zealand Dollar (NZD), Poland Zloty (PLN), Saudi Riyal (SAR), Swedish Krona (SEK), Singapore Dollar (SGD), Thai Baht (THB), Turkish Lira (TRY), Dollar (USD), South African Rand (ZAR).

Global Money Transfer currently only supports outward remittances capability across countries/territories. The customer should refer to the fees and charges pages for details on Global Money Transfer fees and charges. The 'Global Money Transfer' is subject to applicable restrictions under Foreign Exchange Management Act, 1999.

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