Basic Savings Account. I/We under take to intimate HSBC if I/we become resident(s) of India as per FEMA. Prerequisite of opening time deposit account is to have at least one HSBC savings or current account. Transfer funds in an easy, fast and convenient manner with the Card-to-Card Transfer facility using the Visa Money Transfer Service. I/We understand that upon issue of a Debit Card to me/us, the existing ATM Card(s) linked to my/our account(s) will be deactivated. Savings Account Up to 2 free cash withdrawals and 1 free balance inquiry on non-HSBC UAE Switch ATMs per month Choice between AED, USD, EUR, GBP and RMB account currencies 8Please note that basis Goods and Services Tax (GST) regulations and notified GST rates, Central GST, State/Union Territory GST, or Inter-State GST, as applicable, and Cess as applicable would apply on our fees and charges. Earn a Great Rate of Interest on your Savings from the HSBC Savings Account, with the Flexibility of a Current Account. Maintain an Average Quarterly Balance (AQB) of INR150,000 or more in a combination of savings account, current account and fixed deposit balances, or Hold a Corporate Salary Account under the Corporate Employee Programme (CEP) with monthly salary credits into this account 5 , or I/We authorise HSBC to debit my/our Primary Account annually with an amount equivalent to the fees and charges for use of the Debit Card. A notification will be sent to customers in the month immediately following the end of the quarter in case the account has had a shortfall. In these challenging times, we're here to support our customers and employees. Passbooks can be collected from the nearest branch and can be updated personally with transactions up to three7 preceding months. Pursuant to the termination of the mortgage relationship, the waiver will cease and customers will have to maintain the Average Monthly Balance (AMB) requirements of HSBC Savings Account as per the applicable rules of HSBC. lottery tickets, banned or proscribed magazines, football pools, racing/riding tickets, participation in sweepstakes, payment of call-back services etc. Here's an easy way to share your thoughts, stay informed and join the conversation. Account Type. HSBC will notify you of any changes in the terms and conditions of this account with a prior notice of one month. © The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). Notes:. Discover a peso account … ... you can do so with a HSBC Savings Account. Enjoy up to 2.25% p.a. Key Feature. Apply online today. How to manage the account: once opened you can manage the account via online banking, telephone banking, via the HSBC UK Mobile Banking App or in branch In the event the AQB is restored to the required level in the following quarter, there will be no charge. If in doubt please contact the Bank for clarification. HSBC enables you to enjoy all the benefits of a savings account coupled with the high returns of a fixed deposit. If you are opening it with Nationalized bank in India, it … If there remains a shortfall, the Service Charge will be levied on the lower of the shortfalls in the two relevant quarters. When it comes to assured returns, choosing the right type of savings scheme makes all the difference. Therefore, you are advised to open HSBC savings or current account via online account opening first. Overseas Renminbi Savings Account: For receiving RMB remittance from Hong Kong, Macau or Taiwan and providing domestic cash withdrawal services only. International debit cards cannot be used for purchase of prohibited items e.g.   HSBC Premier Savings 1 Interest rates are expressed on a per annum basis. When it comes to assured returns, choosing the right type of savings scheme makes all the difference. Incorporated in Hong Kong SAR with limited liability. One document each from the following two categories: Society outgoing bill (only from registered societies), Domicile certificate with address issued by the Municipal Corporation, Registered rent/lease agreement (registered with State Government or similar registration authority). This site is primarily intended for those who access it from within India. Please note that there will be no service charge levied on senior citizen accounts in case the eligibility criteria is not met. We use cookies to give you the best possible experience on our website. Contact us by phone Minimum credit balance within 12 months of opening: VND 300,000 ; Minimum monthly average balance: VND 3,000,000; ... Let's talk Let's talk about opening an HSBC savings account. If there remains a shortfall, the Service Charge will be levied on the lower of the shortfalls in the two relevant quarters. I/We confirm that the information given by me/us on this form is true and correct. 1HSBC Debit Card application is optional. HSBC has announced it will remove minimum balance requirements and fees for personal accounts from 1 August. Senior Citizens are required to maintain an AQB of INR10,000 in a combination of savings account, current account and fixed deposit balances. I/We will be bound by the terms and conditions of usage of the Debit Card, as laid down in the Cardholder Agreement and the usage of the Debit Card by me/us will be deemed to be automatic acceptance of the said terms and conditions. Terms of use of the Basic Savings Account. I'll need to ask you a few more questions to complete your application. Minimum balance requirement: GBP 5,000, USD 5,000 EUR 10,000 or GBP 10,000 currency equivalent Fix your interest rate to save for your future. Minimum monthly balance requirement You must maintain a minimum monthly average balance in deposits and/or investments of EGP 10,000, USD 2,000 or a minimum gross monthly salary of EGP 5,000. If you’re new to HSBC Expat, you’ll need to hold a minimum GBP 50,000 or currency equivalent across your HSBC Expat accounts and investments or have a sole minimum salary of GBP 100,000 currency equivalent. However, the waiver of charges related to the non-maintenance of required Average Monthly Balance (AMB) will be subject to the employee being a part of the Corporate and the account receiving salary credit for three consecutive calendar months. No minimum balance required for Youth and Premier Children Savings account © The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). This site is primarily intended for those who access it from within India. 5By virtue of meeting the 'eligibility' criteria, the employees of the corporate can open accounts under the Corporate Employee Program (CEP) offered by the Bank, and avail of a waiver on the applicable Average Monthly Balance (AMB). By continuing to browse this site, you give consent for cookies to be used. I/We will be liable to comply with the rules of the Foreign Exchange Management Act 1999, as amended from time to time and the Rules and Regulations made thereunder (hereinafter collectively referred to as "FEMA") as stipulated by the Reserve Bank of India. You will receive a mail every month to your internet banking messages inbox as well as your personal email address (provided your personal email id is registered with the Bank) informing you when your E-Statement is ready. A basic savings account available in Omani rial, UAE dirham, US dollar, Euro, pound sterling, and other major currencies (minimum balance required OMR 100 or equivalent) An HSBC Savings Debit Card that you can use at ATMs and to make purchases at over 25 million retail outlets worldwide Find out more about an HSBC Debit Card. HSBC Bank Saving Account - Apply Online and know more about HSBC Savings Account. HSBC Basic Savings Bank Deposit Account (BSBDA) makes it convenient for you to avail of basic banking services without any fees or charges, and without maintaining any minimum balance in the account. 6The waiver of minimum balance maintenance is available on the account being used for the servicing of the EMI towards Home Loan availed from HSBC. Available in AED, USD, EUR, and GBP. 4 The Annual Percentage Yields (APYs) and balances for an HSBC Direct Savings account which are accurate as of {{currentDate}} are: 0.15% APY on balances of less than $15,000, 0.15% APY $15,000 or more but less than $50,000, 0.15% APY $50,000 or more … Follow us: Apply now For a HSBC Basic saving account, Contact us Over the phone, by email or text, Terms and Conditions (PDF, 83KB) for HSBC Basic Savings Account Download, Savings Account Debit Card Guide (PDF, 145KB), Savings Account Debit Card Guide (PDF, 145KB) for HSBC Basic Savings Account Download, BSBDA eWelcome Pack (PDF, 391KB) Download the eWelcome Pack Download, Accounts Service Charges & Terms for the HSBC Basic Savings Account, HSBC India Facebook Account This link will open in a new window, HSBC India Twitter Account This link will open in a new window, HSBC India Youtube Account This link will open in a new window, Careers, media, investor and corporate information. Interest on savings accounts is calculated on the daily cleared balance and shall be credited to the account every month for Basic and HeadStart savings accounts and for Passbook Savings Accounts every six months (June and December) in arrears. Learn more. A passport-size photograph of yourself and all other accountholders, which must be signed across the front. New to HSBC: Instant apply online in 3 steps. You can also collect your monthly paper statements from your branch of account by visiting your branch of account in person to collect the same. other than mentioned above), where the ration card is accepted, these should be accompanied with a satisfactory residence verification/telephone verification (RVTV) undertaken by a Bank staff and a RVTV report should be completed in the prescribed format. HSBC Premier Savings. A notification will be sent to customers in the month immediately following the end of the quarter in case the account has had a shortfall. HSBC Savings Account Features: Free Debit Card issuance ; Free cash withdrawals at HSBC Qatar ATMs ; No minimum monthly balance requirement ; Worldwide acceptance of HSBC Debit Cards ; A wide choice of currencies - QAR, USD, EUR and GBP ; 24/7 banking to suit your needs ; Access to HSBC Group ATMs and ATMs affiliated to the Visa network and access to Visa merchant outlets worldwide.4 Enjoy higher purchase transaction limits on the HSBC debit card1. The Eligibility criteria for HSBC Savings or Current Account is to be maintained as per the mode of operation of the account. For more details please read our Cookie Policy, Automatically transfer extra savings from your savings account to a fixed deposit. Click to know more. Contact us Over the phone, by email or text, Account Services Charges and Fees (PDF, 49KB), Account Services Charges and Fees (PDF, 49KB) Download, Savings Account Debit Card Guide (PDF, 145KB), Savings Account Debit Card Guide (PDF, 145KB) Download, Savings Account FAQ Leaflet (PDF, 35KB) Download, Savings Account Terms and Conditions (PDF, 57KB), Savings Account Terms and Conditions (PDF, 57KB) Download, Savings Account Welcome Brochure (PDF, 386KB), Savings Account Welcome Brochure (PDF, 386KB) Download, Accounts Service Charges & Terms Modal link, HSBC India Facebook Account This link will open in a new window, HSBC India Twitter Account This link will open in a new window, HSBC India Youtube Account This link will open in a new window, Careers, media, investor and corporate information, Maintain an Average Quarterly Balance (AQB) of INR150,000 or more in a combination of savings account, current account and fixed deposit balances, or, Hold a Corporate Salary Account under the Corporate Employee Programme (CEP) with monthly salary credits into this account, Have a mortgage relationship with HSBC, with equated monthly instalments (EMI) being debited from this account towards the mortgage loan repayment with HSBC. Instant apply online in 3 steps. HSBC Advance Savings . Keep a track of your account with Free Monthly E-statements. We keep your savings secure and help them grow. Your HSBC debit card is internationally valid and very handy when you are traveling abroad. please visit the branch in April 2013 to collect your March 2013 statement). 7Records of transactions made prior to three months will be posted on request and charged as per existing tariff. A no-frills savings account with a 0.01% APY, no monthly fees if you keep a minimum average balance of $500 and a $1 minimum deposit to open. Savings Account is a secure, rewarding and accessible way to manage your routine money matters effectively. Find out more Find out more about an HSBC Expat Fixed Term Deposit Account 1 The balance of Renminbi Savings Account will be included in the calculation of the Total Relationship Balance. For more details please read our Cookie Policy. 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