Instead of logging on every month to place a trade, you can set up an automatic payment to purchase the same fund, for the same amount, at the same time each month.
Mobile banking
The purchase fee for purchases you make ‘without advice’ is 1% of the value invested. The 1% is taken on top of each regular investment amount. For example, if you decide to invest £100 every month, the investment fee will be £1, meaning we'll debit £101 from your account every month.
- Do you want to buy more of an existing fund or choose a new fund?
To buy more of an existing fund:
- Select 'My holdings’
- Find the fund you want to invest in and select ‘Buy More’ - this takes you to ‘Select investment type' and the 'Fund details' page
Note: if you can’t see your fund on the International Investment Centre and it was purchased before 14 June 2021, it's possible we were unable to move it to the new platform. Please contact us and we'll explain how to move the fund across to enable you to self-serve.
To choose a new fund:
- Go to ‘Mutual Funds’
- Use the search function to find the fund you want
- Select a fund - this takes you to the 'Fund details' page
2. Review the fund details
- Here, you’ll find everything you need to know, including all the documents you need to read before buying the fund. These documents can be downloaded or printed for you to retain.
- When you're ready, select 'Buy' from the box at the bottom of the page
3. Place a regular savings plan order
To place a regular savings plan order, enter the following information:
- Investment account - this is the account where your investment will be held
- Payment account - select the HSBC current or savings account you’d like us to take the money from - you'll only see the eligible accounts you hold in the same name and currency as your investment account
- Regular savings amount - enter the amount you’d like to invest each month (minimum value is GBP/USD/EUR 100)
- Regular savings date - select the date you’d like the payment to be taken from your account each month (this can only be set between 1st and 28th of month)
- Start month - select the month you want us to collect your first payment
- Once you've completed your choices, select ‘Review'
4. Review and confirm
- Review the information to make sure it’s correct and select ‘Confirm and continue’
- Check the tick box at the bottom of the page to confirm you’ve read the required documents and agreed to the terms
- Select 'Confirm' to continue with the purchase
- You'll see a confirmation that we've received your 'Buy' instruction
What happens next?
Each month on the day you set for your regular saver purchase to be set, a hold will be placed on your selected current account or savings account for the value of the regular saver fund, plus the purchase fee. This hold will stay in place until the payment has been taken to settle your trade. The trade will be placed on the next dealing cut off and will settle into your International Investment Centre account within 5 business days.
Each regular savings plan payment invested will appear in your International Investment Centre statements. You'll also be able to see the transactions via the ‘My holdings’ section.
In addition, you'll receive a contract note each month when your purchase is complete, this will be sent to you either via 'My Statements' or post.
If you don't have enough money in your payment account and we can't collect a payment, we'll attempt collection for a further 2 consecutive months. If we're still unsuccessful your regular savings plan will be cancelled.
After your purchase is fully completed, your holding will be reflected on the 'My holdings’ section. This will be regularly updated with the recent fund valuation.
Online banking
The purchase fee for purchases you make ‘without advice’ is 1% of the value invested. The 1% is taken on top of each regular investment amount. For example, if you decide to invest £100 every month, the investment fee will be £1, meaning we'll debit £101 from your account every month.
1. Do you want to buy more of an existing fund or choose a new fund?
To buy more of an existing fund:
- Go to 'Account summary'
- Select 'My holdings'
- Find the fund you want to invest in and select 'Review or Trade' - this takes you to the 'Fund details' page
Note: if you can’t see your fund on the International Investment Centre and it was purchased before 14 June 2021, it's possible we were unable to move it to the new platform. Please contact us and we'll explain how to move the fund across to enable you to self-serve.
To choose a new fund:
- Go to 'Investing' at the top of the page and select 'Discover Funds'
- Use the search function to find the fund you are interested in
- Select a fund - this will take you to the 'Fund details' page
2. Review the fund details
- Here, you'll find everything you need to know, including all the documents you need to read before setting up your regular savings plan.
- When you’re ready, select 'Regular savings plan' and you'll be taken to 'Regular savings plan order details'
3. Place a regular savings plan order
Enter the following information:
- Regular savings plan name - enter a name that you’ll recognise. It could be linked to your investment objective, for example
- Investment account - this is the account where your investment will be held. If you hold sole and joint Investment accounts, select the account that you want the fund to be purchased under
- Payment account - select which of your HSBC current or savings accounts you’d like us to take the monthly payment from - you'll only see the eligible accounts you hold in the same name and currency as your investment account
- Regular savings amount - enter the amount you’d like to invest each month (minimum value is GBP/USD/EUR 100)
- Regular savings date - select the date you’d like the payment to be taken from your account each month (this can only be set between 1st and 28th of Month)
- Start month - select the month you want us to collect your first payment
- Once you've completed your choices, select 'Preview order'
4. Review and confirm
- Review the information to make sure it’s correct
- Check the tick box at the bottom of the page and confirm you’ve read the required documents and agreed to the terms
- Select 'Confirm'
- You'll see a confirmation that we've received your 'Buy' instruction
What happens next?
Each month on the day you set for your regular saver purchase to be set, a hold will be placed on your selected current account or savings account for the value of the regular saver fund, plus the purchase fee. This hold will stay in place until the payment has been taken to settle your trade. The trade will be placed on the next dealing cut off and will settle into your International Investment Centre account within 5 business days.
Each regular savings plan payment invested will appear in your International Investment Centre statements. You'll also be able to see the transactions via the 'Investment transactions' tab in the International Investment Centre.
In addition, you'll receive a contract note each month when your purchase is complete, this will be sent to you either via 'My Statements' or post.
If you don't have enough money in your payment account and we can't collect a payment, we'll attempt collection for a further 2 consecutive months. If we're still unsuccessful your regular savings plan will be cancelled.
After your purchase is fully completed, your holding will be reflected on the 'My holdings' page under 'Account summary'. This will be regularly updated with the recent fund valuation.
