When you convert money between your HSBC Expat currency accounts online or transfer money internationally by either phone or online, we will offer you our most up to date exchange rate available using live market rates. Live exchange rates are available between the opening hours of the Hong Kong Market on Monday morning (local time) and the close of the New York Market on Friday afternoon (local time) - excluding public holidays. Outside of market opening hours, the exchange rate will be based on the most recent market closing rates.
Our exchange rate margins are tiered, so better foreign exchange rates are available for higher transfers.
Our exchange rates
For immediate transfers, the prevailing exchange rate we offer will be displayed to you on screen or advised to you over the phone, before you confirm whether you want to go ahead with the transfer. If you're setting up the transfer for a later date, the prevailing exchange rate at the time of the transfer will apply.
Benefit from exchange rate certainty
When you transfer money internationally, you can choose to send the money in the currency of the account you are sending money from - or in the currency of the account you are sending money to.
By making the transfer in the same currency as the beneficiary's account, you will benefit from knowing up front the exchange rate that will be applied to your transfer. If your money is converted to another currency by the beneficiary's bank, we will not be able to advise you of the exchange rate that will be applied to the transaction.