Foreign exchange

Receiving International Payments

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1. Receive different currency into your domestic account

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.

2. Receive like a local in multiple currencies with Global Wallet

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.

This is currently only available to HSBCNet customers in the United Kingdom, United States, Singapore and Malaysia.

3. Open a Foreign Currency Account

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.

How do I get started? This is available to all HSBC Business customers. Speak with your Relationship Manager to open a Foreign Currency Account.

Quick answers to your receivables questions

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Getting paid from abroad shouldn't be stressful. We can help.