How Much Do HSBC Charge For International Transfers?

How long does an international transfer take HSBC?

All other international transfers are usually credited within 2 – 5 working days, depending on: the type of payment you’re making.

the currencies involved in the transfer.

the time of day the transfer request is made..

How do I do an international transfer HSBC?

How to make a Global TransferLog on to your account.Click on ‘My HSBC Internet Banking’Under Move Money, click ‘Global Transfers’Follow the on screen instructions.

How do I avoid international transaction fees?

How to Avoid Foreign Transaction FeesGet a Credit Card Without a Foreign Transaction Fee.Open a Bank Account That Doesn’t Charge Foreign Fees.Exchange Currency Before Traveling.Avoid Using Foreign ATMs.Find out if Your Bank Has a Foreign Partner.Bottom Line.

How do I avoid foreign transaction fees?

Barring that, there are several steps you can take to avoid these costs.Watch Out for Conversion and Transaction Fees. … Open a Credit Card That Doesn’t Have a Foreign Transaction Fee. … Exchange Currency Before You Travel. … Open a Bank Account That Doesn’t Charge Foreign Fees. … Pay With the Local Currency.More items…•

Does HSBC charge for international transactions?

A non-sterling transaction fee of 2.75% applies to conversion on foreign exchange transactions for all HSBC account holders. … However, there is no non-sterling cash fee for HSBC Premier, HSBC Premier MyAccount or HSBC Advance customers when using ATMs. Credit card charges are slightly different.

How much do banks charge for international money transfer?

In addition to the international transfer fee, a margin on the daily exchange rate is also tacked on to most foreign transfers. This rate is typically around 5% at most major banks, so if you’re sending $10,000, you may have to pay up to $500.