*The Currency Rates in this table show the rates of interest you would pay (as at the stated date) excluding a margin to be agreed with the Bank, if you borrowed sums using an arranged International Business Overdraft for the stated currencies. The rates in this table are Reference Rates, which means the rates are linked directly to the publicly available reference rates. A benchmark rate is the published market rate from time to time as set by a third party institution (such as the European Central Bank) rather than by HSBC.
The current benchmark rate* for HSBC International Business Overdrafts denominated in EUR and USD are listed in this table. Consistent with the terms of the product, where the benchmark for any Reference Rate falls below 0%, the Reference Rate will be deemed to be 0%.