Don't have Adobe PDF Reader? Download Adobe Reader
International
Making International Payments
Cross borders without crossed wires. We can help.
Make payments abroad with real-time rates, open a wallet to pay like a local, or hold currencies in Foreign Currency Accounts.
At a glance
- Make payments in sterling and other tradable currencies
- Safe and secure ways to send money overseas
- Easily manage payments through HSBCnet
- Expert support and information available
- Choice of two services to suit your specific needs
SEPA factsheet (PDF, 140KB)
View some key questions and answers about SEPA
Global Transfer of Funds (PDF, 3.1MB)
Transfer of Funds Application Form
What is ‘Pay Local’?
‘Pay Local’ is a cross-border FX Priority Payment that:
- remits the full amount of the payment to the beneficiary with no intermediary bank charges.
- is exclusive for foreign payments sent in the beneficiary bank location’s local currency.
- is only available for accounts enabled with Get Rate.
We’ve made ‘Pay Local’ available for cross-border FX Priority Payments debiting HSBC Bank UK plc accounts via HSBCNet and sent to beneficiaries in the locations and currencies below:
Beneficiary location
| Payment currency
|
|---|---|
Australia | Australian Dollar (AUD)
|
Canada
| Canadian Dollar (CAD)
|
Czech Republic
| Czech Koruna (CZK)
|
Switzerland
| Swiss Franc (CHF)
|
Eurozone | Euro (EUR)
|
Japan
| Japanese Yen (JPY)
|
United States
| United States Dollar (USD)
|
China (Offshore)
| Chinese Yuan (CNH)
|
China (Onshore)
| Chinese Yuan (CNY)
|
Hong Kong
| Hong Kong Dollar (HKD)
|
Poland
| Polish Zloty (PLN)
|
Kenya
| Kenyan Shilling (KES)
|
South Africa
| South African Rand (ZAR)
|
South Korea
| South Korean Won (KRW)
|
Singapore
| Singapore Dollar (SGD)
|
What this means for you
HSBCnet users with permissions to create Priority Payments debiting HSBC Bank UK plc accounts will be able to select ‘Single Payment – Pay Local (Priority Payment)’ in HSBCnet payment screens when they select any of the beneficiary bank locations listed above.
The foreign exchange contract is between you and HSBC Bank PLC, which is responsible for executing the currency conversion and international payment. Your deposit relationship with HSBC UK Bank PLC is not affected.
You should advise any account holders for the eligible UK accounts linked to your HSBCnet profile about this update.
‘Pay Local’ instructions submitted though HSBCnet will be subject to the currently agreed charges as applicable for as an MT103 International Priority Payment, this will show in your invoice as a Pay Local International Payment. The foreign exchange rate applied will be in line with your Get Rate agreement.
Speak to an international payments expert
Call us on
03457 606 060
Lines are open Monday to Friday 8am to 8pm, Saturday 8am-2pm (subject to change over certain periods)
From overseas, call us on
+44 1226 260 878
Lines are open Monday to Friday 8am to 8pm, Saturday 8am-2pm (subject to change over certain periods)
