Why choose HSBC to send money abroad?
We've made it convenient, quick and easy for you to make your International Money Transfer.
Making international payments:
- Available 24/7 via online bankingSend up to £50,000 or currency equivalent in a matter of minutes. We've also made it easy for you to set up future dated and recurring payments.
- Simple FeesSend money online for just £4. There's no payment fee at all if you transfer to another HSBC Account.
- Exchange Rate CertaintyWith live rates updated by the second during market hours, we'll provide you with our most up to date foreign exchange rate available - providing you with the certainty and visibility of how much you're sending.
- Safe & SecureUsing your own bank means you'll have peace of mind knowing that your transaction is secure.
Send money confidently in local currency
Next time you're making an International Payment, why not consider sending it in the local currency? It’s easy to do and you’ll know exactly how much you’re sending with our up-to-date exchange rates.
How to send money abroad
Make a payment online
Log on to online banking and:
- Select the account you want to make the payment from and select 'Pay and transfer' from the 'Manage' menu. Alternatively, select 'Pay and transfer' from the 'Quick links' options on the online banking homepage.
- For new beneficiaries, select 'A new payee', or for an existing beneficiary, select 'Your saved payees'.
- Enter payment details.
- Follow the on-screen instructions.
- Review and confirm your payment.
When sending money to someone for the first time, to keep you safe we will ask you to authorise the transaction by generating a one-time transaction code on your Digital Secure Key or physical Secure Key. Using a Digital Secure Key means you only need your digital device to make payments. Find out how to upgrade to one here.
This is a security step that verifies your credentials. It also increases security against possible fraud attacks which can be potentially caused by malware.
How do I generate a transaction code for an international payment?
Make a payment by phone or in branch
Or you can register for online banking.
Receiving money from abroad
Things you need to know before receiving a payment
The overseas bank sending the payment to you will need to know the following information about the account you wish to be credited – Providing this information will help to ensure that the payment happens as quickly as possible.
- your personal details
- SWIFT Code (The HSBC SWIFT code is MIDLGB22)
- IBAN (International Bank Account Number) or account number
- BIC (Business Identifier Code)
It’s possible for you to receive money into your account from abroad in either foreign currency or Sterling.
If money is received in a different currency to what your account is held in, we'll convert it using the most up to date HSBC Exchange Rate available before crediting it to your account.