Learn whether the HSBC is a good option for making international money and currency transfers. It is the world's third largest bank by assets.
HSBC is organised within four business groups: You can transfer money through online, phone, agent, bank account to bank account, cash transfer and international money order. HSBC does allow you to hold multiple currency accounts. You can view them using one log-on and can transfer funds between the accounts instantly. This is particularly handy for people that spend significant time each year in different countries.
Processing time is still days which could be an inconvenience for urgent situations. Please note that the receiving bank or intermediary bank may charge fees on transactions.
Let us do the hard work for you. Simply let us know which currency you want to buy and what rate you are after.