It will be treated as a cash advance and subject to a fee. Why do I need to add a purpose of payment? You can do this through Personal Internet Banking, mobile banking, phone banking, at a branch or at an HSBC or Hang Seng ATM in Hong Kong. These are considered transfers between your own accounts and so there are no limits. Simply select your profile in the top right corner, go to 'Pay and transfer and choose 'Register or view FPS registration'. For your security, the overseas daily withdrawal limit and overseas transfer limit for all ATM and credit cards is HKD0. If you have not yet activated Mobile Security Key, 'Pay with FPS' or 'Show my FPS QR code' won't be available, but you can still perform small-value transactions after logon. With a standing instruction you don't need to make repeated individual payments yourself. You can check your ATM transfer limit underView and Set Transaction Limit. If I see the payment failure error message multiple times, what can I do? In this case, please choose another payment method available from the merchant's app. International or foreign currency payments. Simply click theDetailsbutton, then clickCancel. Please note that you can't undo this setting. Online payments available in USD or foreign currency. If youve sent money to someone, youll see a masked version of their name while theyll see your full name. Yes, you can change it. You cannot modify scheduled fund transfer. To add a HSBC Integrated account as a registered payee, you need to first add the All-in-One integrated account number (with account suffix 833 or 888) as payee. Do I have to log on to use the 'Pay with FPS' or 'Show my FPS QR code' functions? This information will also be shown on the confirmation screen after you have completed the payment. While some overseas PLUS network ATMs can access your bank account through your linked credit card, others will only be able to access your Visa or MasterCard credit card information. Can I use Quick Transfer to send money from a non-HKD or CNY account? Credit Card Resource Center Manage Account Balance Transfers HSBC Rewards Program . To strengthen security controls for ATM services, the overseas ATM daily transfer limit was pre-set to HKD0. To transfer other currencies, you need to do the transaction via 'Pay or transfer'. For overseas funds transfers, there isa localservice charge of HKD50. , ( ), All HSBC ATMs, except those in Argentina, Brazil, France, Greece, Malta, Mexico, New Zealand and Turkey, UnionPay ATM and POS network in Hong Kong, China and many other countries/regions with exception of some UnionPay ATMs that are in the process of upgrading, Prepare enough cash in the local currency before you travel, HSBC Premier Card HKD80,000, Other personal customer cardsHKD80,000. Yes, you'll be asked to authenticate your identity using 6-digit PIN/Touch ID/Face ID depending on your mobile device and app settings. Cross-Border Disclosure. If you pay for your card yourself, the credit limit will reset on the Payment Due Date. Your new UnionPay chip card can't be used on the PLUS/Cirrus network. After registration, how do I update my mobile number or email address? The names displayed have different formats depending on the transactions. To increase or lower your transfer limits for registered payees, log on to HSBC Online Banking and visit 'Pay & transfer' from the top menu > 'Settings' > 'Daily payment and transfer limits'. * There is no charge from us if you pay money to, or receive money from accounts from other banks via FPS, but other banks may have different chargingpolicies. conducts insurance business as HSBC Securities Insurance Services. We often link to other websites, but we can't be responsible for their content. WASHINGTON This week's vote by House Republicans to couple deep spending cuts with an agreement to raise the debt limit for one year has put President Biden on . Please note that you don't need to do this if your payee has registered for FPS and you have saved them to 'My payees' using one of their Proxy IDs (mobile number, email address and FPS Identifier). You can check the information box at the bottom of your screen or before you confirm your payment to double check the charges required. Real-time rates are available from Monday at 09:30 until Saturday at 05:00 Hong Kong Time, excluding bank holidays. You can log on to Personal Internet Banking and visit My banking > Daily payment and transfer limits > To non-registered accounts to check or adjust your daily limit for non-registered accounts. What currencies are supported for telegraphic transfers? Business Close menu. No problem, you can sign up using the app. How do I confirm my exchange rate for Global Money Transfers? Use online Bill Pay to pay individuals or companies in the U.S. Make deposits and transfer funds between accounts, Foreign currency payment tool provides real-time rates, Real-time information on domestic and international accounts - whether they reside with HSBC or another bank, Receive convenient email alerts on balances, payments, service and account access changes, Schedule payments for immediate or future-dated processing. 'Pay or transfer' supports payments via payees phone number, email address or FPS Identifier. Simply send money like a local within our network, quickly and seamlessly. You can set a new overseaswithdrawal limitthrough: To set a newoverseas transfer limitlog on to Personal Internet Banking or visit a HSBC branch in Hong Kong. What information do I need to make global payments? 'Send like a local' transfers are fee-free for both the sender and the payee.*. 3 1. I'm trying to scan a QR code to send money but it's not working. Quick Transfer only allows same-currency transactions, so you can send HKD to HKD accounts or CNY to CNY accounts. HSBC Bank USA, N.A. These fees are subject to change. If you request for any overseas handling charges to be paid by yourself rather than by the payee, an overseas service charge will be deducted from your account separately at a later date, once the charge has been charged back by the overseas banks. There is no specific function for requesting a payment, but youcanask someone to send you money by providing your Proxy ID or QR code. Just insert your card and enter your card PIN to complete the withdrawal. You can get the latest figures by reading our bank tariff guide. How long in advance can I set a future payment? You can make FPS transactions to participating local banks and Stored Value Facilities (SVF) operators in HongKongfrom anywhere in the worldas long as you can log on to Personal Internet Banking or the HSBC HK Mobile Banking app. Please check with your HSBC Relationship Manager for availability. We strongly recommend that you check your Personal Internet Banking email on the actual transfer day to confirm the status of your transfer request. This is the maximum number of payments you want to allow in a specified period. I just paid someone via their FPS QR code. For more details please contact HSBC PhoneBanking numbers. *Global Transfers are transfers made between your globally-linked HSBC accounts. You can find this reference number in your transaction history via HSBC HK Mobile Banking app or PersonalInternet Banking website. You may even embed a specific amount in yourQR code when receiving money. Make sure you check the exchange rate before completing the transfer. . When you use the 'Pay with FPS' function to scan a QR code, the HSBC HK Mobile Banking app will ask you to verify your transaction using biometric authentication or Mobile Security Key verification. Asia-Pacific. No matter transferring money to a local oran overseas account, you can select the currency you wish to transfer funds from the currencylist when you place the transfer instructions. Click on the Menu tab on the HSBC Credit Card website. That means you could have one linked to your mobile number, one to your email address and one linked to an FPS Identifier. Card Type. However, you can use their Proxy ID (i.e. As well as giving you more money to spend, increasing your credit card limit can mean: you'll be less likely to go over your credit limit - so you won't incur any additional fees or charges. For smaller ad hoc transfers, use our non-registered service. Exchange rates are subject to a higher bank spread during market closure. Does the QR code scanner in 'Pay with FPS' function work with non-FPS QR codes? If you have any questions, pleasecontact us. House Republicans would raise the debt ceiling by $1.5 trillion, or suspend it until March 31, 2024, whichever occurs first. Click on Menu then Manage card and select Credit Limit Increase. Please checkthe HSBC website orHSBC Online Banking pageof thecountry or regionyour account isin forthedetails. If you're unsure what that is, you can check your bank statement. 1 HSBCnet features and functionality may vary by country. Limit / Month. . Add details. autoPay allows you to make payment regularly from an HSBC account to someone else. The bill serves as House Republicans . All Rights Reserved. House Republicans are pushing their top priorities in a bill to raise the debt limit. How do I enable the Quick Transfer function? You will not see the options e-Transferor Express Transfer anymore as most transfers will be done via FPS. You will also need to maintain sufficient funds in your Hong Kong dollar current account. You must contact the bank or your relationship manager for assistance. This can include charges levied by the payee's bank and any other banks used to send the transfer. You can also choose between immediate transfers, future dated payments or recurring payments. First Direct ( part of HSBC) dont have a 10k limit which is why I use them for moving savings around. You'll need to remove them from 'My payees' and then add them again using their official name listed on their bank records. Can I make fund transfers in foreign currency? Brazil. The Credit Cards servicing website will open. For 'Send like a local' transfers, see list of supported countries/regions and currencies. Youcan view and change your limit in 'Small-value payment limit' under 'Settings'on theHSBC HK Mobile Banking app. Can I keep using my UnionPay ATM chip card if I apply for a PLUS ATM chip card? What is the service hour for using 'Top up HSBC accounts via eDDA' service? If you've already set a default debit account and daily small-value paymentlimit, you won'tneed to set again. Payment Limits 22 10. The ATM cash withdrawal fees per transaction are as follows: There is a difference in fee due to the usage of different networks. A local service charge will be applied to all global payments via outward telegraphic transfer. The QR codescanner in'Pay with FPS' only works with FPS QR codes. You'll be asked to authenticate the transaction using your Mobile Security Key / Security Device. We're now using FPS to process your standing instruction payment to other local banks/ FPS participants. 'One-off' is a payment that will only happen once, so autopay will cancel the instruction once it expires or the payment has been made, whichever comes first. Will I receive any notification after submitting different instructions with 'Top up HSBC accounts via eDDA'? If you have not yet set the ATM transfer limit, you can activate via Personal Internet Banking and our branches in Hong Kong. Access your global and domestic accounts from HSBC or other financial institutions all with one secure online portal. If you are transferring via account number and you've used a nickname to add this person to 'My payees', the payment will be rejected. How can I change the details of my existing standing instruction? What is an Electronic Banking Number (EBN) and 6-digit code? USD 1500 *. No. For transfer to non-registered account, the maximum daily transfer limit is HKD400,000 per customer as payer. Once the new screen is introduced, you'll no longer need to individually manage a user's daily authorisation limits and signature groups in their 'Permissions' page. From 21 March 2021, the way that you set up and edit a user's signature groups and authorisation limits will change. Note: If you submit more than one transfer request in the same day, the available transfer limit will be your daily transfer limit less the amount of the transfer that you have already requested/made. Learn more How do I register for Personal Internet Banking? I can't find my autoPay recipient in the pull down menu. The interest rates range from 14.49%p.a. You can transfer up to HKD10,000 daily via QR code when sending money to family and friends. In the case of a dispute, contact the merchant directly, quoting your bill reference number. With our network of more than 50 countries and regions in supported currencies, you can make international transfers but enjoy a domestic experience. Your QR code will change when you change your Proxy ID, such as changing from using your email address to using your mobile number. How long does it take to process local fund transfers? It would also roll back many of President Joe Biden's policies, repealing tax credits for clean energy, ending student debt relief and clawing back unspent funds . Does the 45-day maximum still apply? If you have previously set upautopay instructions, they will automatically carry over to FPS. You'll also have to input your payee's account details such as their name, bank code (mostly in local clearing code format), account number and address (optional in some cases). For example for some banks, both account number and account name are used to verify inward remittances. To set up future-dated payments, simply log on to the HSBC HK App, select 'Pay and Transfer' > 'Other local payees/ FPS'. To apply for the PLUS card, Junior Pack account holders can call HSBC Premier on (852) 2233 3322 or visit any HSBC branch. Always remember anyone can post on the MSE forums, so it can be very different from our opinion. Maximum amount: use this option if the amount of your payment is likely to vary each time (for example, your electricity bill). How do I complete a Balance Transfer? account suffix 001 referred as current account) . Why not? You can change your limit anytime through HSBC Online Banking by going to 'Pay & transfer' from the top menu > 'Settings' > 'Daily payment and transfer limits'. HSBC do specify the transfer limits in their T&Cs, unlike Tesco who also have an unpublished limit which their T&Cs dont mention . Which currencies don't have real-time exchange rates available for Global Money Transfers? You can then select your HSBC HK Mobile Banking app from the payment options. However, you canuse a different HSBCaccount foreach separate Proxy ID. To continue with your payment, please cancel the transaction, log on, go to 'Pay & Transfer' tab and select 'Other local payees/ FPS'. My overseas accountisnotaPremier, HSBC One or HSBC Advance account. Copyright. The exchange rate indicated by the bank only applies to immediate transfers. Yes, you can use the payment 'Reference' field. FPS registration in the HSBC HK Mobile Banking app is only supported for iOS / iPadOS versions 12.2 or above, and Android OS versions 6.0 or above. You can also check whether your request was processed via ATM, Personal Internet Banking, mobile banking or phone banking. What should I do? Then enter the account number and account holder's name.). For selected countries and currencies, you'll be eligible for a Send like a local experience which is faster and fee-free, while for other destinations outside our selected network, we will still route you through the telegraphic transfer via SWIFT network. Once we receive your request, we will send out the recall request on your behalf, but we can't guarantee the success of the recall, as it depends on the beneficiary bank. Verification procedures adopted in different banks/countries may vary. Please ask your payee for the exact name the account is registered under. Please also ensure that you have sufficient funds in the debiting bank account before submitting your top-up instruction at HSBC. United States persons (including entities) may be subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. For complete flexibility when making a transaction, including transferring via an account number, setting future-dated payments and adding recipients to 'My payees', you'll need to use the 'Transfer' feature under the main menu. Can I still use e-Transfer or Express Transfer for HKD and CNY transfers? Is it the same as before? If youve sent money to a merchant, then youll see the merchants full name. . Transfers may also be subject to the other banks' respective limits. How can I cancel or amend a Global Money Transfer payment? 2. Simply click theDetailsbutton, then clickCancel. Follow the on-screen instructions to set up mobile banking and your PIN all at once.