How to transfer money - HSBC Help - HSBC Bank USA (2024)

FAQs

How do I transfer money to someone on HSBC? ›

Are there limits on transaction transfers? Yes, your default daily third party transfer limit is SGD5,000 and the maximum daily third party transfer limit is SGD250,000. To update your daily limits, log on to HSBC Online Banking, select > 'Move Money' > 'Online banking limits' > 'Manage your daily limits' > 'Edit'.

How to make a CHAPS payment. You can send money up to your personal payment limit to friends and family or up to £25,000 for payments to a company via online and mobile banking. Payments above these limits will be sent as a CHAPS payment. You can send a CHAPS payment over the phone, in branch or by post.

Global Transfers – is available exclusively to Premier customers for instant transfers between your global HSBC accounts, free of charge.

You'll also need the person's name as it appears on their account. For international payments, you'll need the IBAN or account number of the person you're sending the money to. You'll also need their address, as well as the bank code of the receiving bank, which will be a BIC or SWIFT code.

Your account has a default payment limit of £25,000 per account, per day (£5,000 if you're under 18). You can temporarily increase or decrease this in the HSBC Mobile Banking app. If you make a limit increase that goes over your default limit, the increase will only apply to the day you make it.

Online bank transfer: A bank-to-bank transfer, or Automated Clearing House (ACH) payment, is usually free but can take up to three business days to be finalized. You'll need the recipient's name, routing number and account number. You can also use a service called Zelle to transfer money to someone at another bank.

Our standard transfer time for payments made to non-HSBC accounts through the mobile banking app is 1 to 3 days. For selected currencies and destinations, faster payment times are available.

For most payments sent using Faster Payments, transfers are instant – although they can potentially take up to 2 hours. However, there are situations where it can take longer. Here are just a few things that can hold up your payment: If the receiving bank isn't a part of Faster Payments.

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 online banking in that country/region with your accounts held and accessible through ...

Is HSBC to HSBC transfer free? ›

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.

You need to deposit cash aligned, not folded and vertically to the “Cash Deposit” part on the ATM. Folded, tear and wet banknotes will not be accepted by ATMs.

With HSBC, transfers via Global Money Transfers on the HSBC Australia Mobile Banking app generally take 1-2 business days. If you hold multiple global HSBC bank accounts, you can make instant, fee-free transfers between your accounts with HSBC Premier Global Transfers¹ .

TORONTO, March 28, 2024 - Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada").