4 September 2026
Cessation of SGD corporate cheques from 1 January 2027
In line with the Monetary Authority of Singapore’s roadmap to sunset SGD corporate cheques, we will cease processing SGD corporate cheques from 1 January 2027.
1 September 2026
Revision to HSBCnet Monthly Access Fee in Singapore
With effect from 1 October 2026, HSBCnet monthly access fee will be revised to a standard fee of SGD120/month. This is to provide a simpler, more consistent pricing approach, with the flexibility to add products and services as your needs change. If you have any questions or need assistance, please contact your HSBC relationship representative.
View the latest commercial tariff here.
21 August 2026
HSBC Serangoon Garden Branch ATM/MFM and Quick Check Deposit decommission
The ATM/MFM and Quick Check Deposit at HSBC Serangoon Garden branch will be decommissioned from 7 September 2026. Please visit our Claymore branch or Marine Parade branch for your banking needs.
30 July 2026
Launch of USD Corporate Card
The USD Corporate Card was launched on 23 July 2026. The Commercial Bank Tariff has been revised to include the USD Corporate Card fees and associated charges. The revised tariff can be viewed here.
Click here to read more notices.
View planned maintenance for our banking services here.
To support Singapore businesses in capturing new opportunities in the green economy, Enterprise Singapore has launched an Enterprise Financing Scheme – Green (EFS – Green) with partner financial institutions to enable better access to green financing for enterprises developing technologies and solutions to reduce waste, resource use or greenhouse gas emissions. HSBC is the first international bank participating in this scheme.
Under the EFS-Green, we will extend financing for five loan types: Green Development Capital, Fixed Assets, Trade Financing, Project Loans and Mergers & Acquisitions.
Loan Type | Supportable Areas | Maximum Loan Quantum / borrower* |
|---|---|---|
Development Capital | Expenses related to green initiatives
| S$3 million |
Fixed Assets Loan |
| S$30 million |
Trade Loan | Trade financing for green and sustainable products, inventory and raw materials | S$10 million |
Project Loan | Finance the fulfilment of overseas and domestic green projects | S$50 million |
Mergers & Acquisition Loan | Finance the mergers and acquisition of target enterprises related to green initiatives | S$50 million |
Note: Total overall borrower group1 limit exposure is S$50 million for EFS-Green and EFS.
1.Be a business entity2 that is registered and physically present in Singapore
2. At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership, and
3. Have Group Annual Sales Turnover of not more than S$500 million, and
4. Meet the criteria in both Qualifying Green Sectors & Activities and Qualifying Borrower Types for EFS-Green.
The EFS-Green scheme is a direct, measurable scheme which will channel capital towards eligible businesses that are working towards the shift to a lower carbon economy. The firms of the future will be those with the foresight to mitigate and adapt now in order to thrive.
|
1 Borrower Group consists of the following:
a. Borrower; and
b. Corporate shareholders holding more than 50% at all levels up; and.
c. Subsidiaries where the Applicant company holds more than 50% shareholdings and subsequent subsidiaries at all levels down
d. Subsidiaries where the Applicant’s Ultimate Parent Company holds more than 50% shareholdings and their subsidiaries at all level down
2 ACRA registered Sole Proprietorship, Partnership, Limited Liability Partnerships and Companies are eligible to apply for the scheme. Approval of the loan is subject to the partner FI’s assessment.
