HSBC Global Wallet for SMEs

Do business across 240+ countries and territories with HSBC's all-new multi-currency wallet designed for SMEs.
Learn more

What is HSBC Global Wallet?

HSBC Global Wallet is a new digital multi-currency account for overseas transactions and real-time funds management. Designed for SMEs doing business across the world, HSBC Global Wallet lets you view, hold and transact major currencies across 240+ countries and territories, all from one single and secure award-winning digital banking platform, HSBCnet.

Advantages of HSBC Global Wallet over traditional international transfer providers

Currencies and destinations available on HSBC Global Wallet

 

Send payments

 

Send payments via SWIFT to 240+ countries and territories in USD, HKD, GBP, AUD, EUR, CAD, RMB, JPY, CHF and SGD.

Pay like a local to Malaysia, United States, Hong Kong, United Kingdom, Australia, Canada, China, Japan, Switzerland and most of Europe in the destination currency.

 

 

Receive payments

Receive SWIFT payments from 240+ countries and territories into your HSBC Global Wallet HKD, USD and GBP accounts.

Receive like a local from Hong Kong, United States and United Kingdom into your HSBC Global Wallet HKD, USD or GBP account respectively using local addressable information.

 

Hold funds

Hold funds in multiple currencies such as USD, HKD, GBP, AUD, EUR, CAD, RMB, JPY, CHF and SGD all in one place with no fall below account fees.

Click here to see full list of currencies and destinations you can pay or receive from.

I want to...

See how HSBC Global Wallet works

View an illustration on how HSBC Global Wallet works.

Know more about HSBC Global Wallet

Watch this video on how HSBC Global Wallet can help your international business needs.

Find out how businesses can save money with HSBC’s multi-currency wallet.

Hear from Winnie Yap, HSBC’s Head of Global Liquidity and Cash Management, as she explains how HSBC Global Wallet helps SMEs reduce transaction costs when doing business overseas.

HSBC Global Wallet FAQs

What is HSBC Global Wallet?

HSBC Global Wallet is our new currency account for flexible international transacting 24/7 alongside everyday banking, fully integrated with our award winning HSBCnet platform.

Who is eligible for HSBC Global Wallet?

HSBC Global Wallet is currently made available for our Business Banking customers with HSBC in Singapore.

Which businesses would find HSBC Global Wallet useful?

HSBC Global Wallet is suited for SMEs that do business across borders and have overseas payment needs. This could include making payments to overseas manufacturers and suppliers or receiving payments from overseas customers e.g. wholesale and retail trade, logistics, construction, manufacturing, services amongst others.

How can my business benefit from HSBC Global Wallet?

HSBC Global Wallet’s key benefits include

  • Save time and effort with instant access to multiple key currencies in one place
  • Cheaper and faster international payment transactions by paying and receiving like a local
  • With better visibility and control over your overseas payments, you can build trust and do business easily with your international suppliers and customers

Can I access HSBC Global Wallet via mobile?

You can view and authorise payments from your HSBC Global Wallet accounts on HSBCnet Mobile App, in line with your user entitlements. However, payment creation is currently not available on HSBCnet Mobile App.

Is there any transaction limit for HSBC Global Wallet to perform top up, transfer and payments?

If your transaction into, within or out of your HSBC Global Wallet requires an FX rate to be applied, there is a limit of USD 2,000,000 per transaction. Aside from this, there is no transaction limit for HSBC Global Wallet.

How does exchange rate work for HSBC Global Wallet?

HSBC’s prevailing exchange rate will be used to convert payments that differ from the base currency of your account. These exchange rates may fluctuate in accordance with market conditions.

Do you have a question about HSBC Global Wallet?

I want someone to get in touch with me

Disclaimers

This payment solution is not applicable for standing instructions, payment advices, cash deposits and cash withdrawals, Cheques, Singapore domestic payments, file-based payments. Send ‘local’ payment feature in EUR is also not available to the following destinations: Aland Islands, Saint Barthelemy, French Guiana, Gibraltar, Guadeloupe, Monaco, Saint Martin, Switzerland, Martinique, Saint Pierre and Miquelon, Reunion, Serbia, San Marino, Mayotte.

DEPOSIT INSURANCE SCHEME

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

This page summarises key product features and is intended for your general information only. It shall not be capable of creating any contractual commitment on the part of The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.