If you receive money in a different currency, HSBC will automatically convert those funds into your account currency on receipt.
This makes it easy for your business to receive international payments straight away.
How do I get started? This is available to all business customers by default. Just provide your regular account details to the person making the payment.
HSBC Global Wallet allows you to open wallets in multiple currencies and then pay and receive like a local. Benefit from faster payments using local account details. Maximise your visibility over your international business as you manage all your currency receivables in one place without the hassle of multiple accounts and logins.
Get started
You can open a Foreign Currency Account in most major currencies (account fees will vary). You will be able to receive payments in the currency of the account without the need for currency conversion.
A Foreign Currency Account can be cheaper and easier than setting up and managing an account in a foreign country and it will be integrated with your business internet banking platform, HSBCnet.
How do I get started? This is available to all HSBC Business customers. Speak with your Relationship Manager to open a Foreign Currency Account.
One-stop digital platform for all your payment and collection needs. We make it simple for your customers to send and you to receive money through multiple payment channels and across countries via a single touch point.
An automated real-time paperless way to setup Direct Debit mandates with your payors.
PayNow is now on SGQR, Singapore’s unified payment QR code. It combines PayNow QR and other payment QR codes into one single SGQR label. Register your HSBC PayNow Corporate Alias on SGQR to further simplify collections for your business through a single QR code.
Make payments abroad with real-time rates, open a wallet to pay like a local or hold currencies in Foreign Currency Accounts
Explore FX hedging and protect against FX movements for future-dated payments or receipts
Integrate with our FX APIs to streamline processes and manage your business risk in new markets more easily
The information contained on this website is provided for informational purposes only, and does not constitute an offer to sell or the solicitation of an offer to buy any products referenced. Eligibility criteria and T&Cs apply for the products referenced. Local country restrictions and limits may apply. Please speak with your HSBC representative for more information.
Get in touch to learn more about our banking solutions and how we can help you drive your business forward.
