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Foreign Currency Accounts

Foreign currency accounts

Foreign Currency Accounts

Available both onshore and offshore in a variety of currencies, HSBC’s foreign currency accounts enable you to manage your business’s foreign currency cashflow and commitments, onshore and offshore.

Features and Benefits

Product features

• Available in a variety of currencies, including HKD, USD, EUR, GBP, JPY, AUD, SGD and CAD

• Foreign currency accounts are available as different types of accounts depending on their purpose, such as
  settlement accounts or capital accounts

• Accounts are interest-bearing, with interest paid every six months

• Accounts are available for both onshore and offshore businesses

 

Product benefits

• Foreign currency accounts are available as current accounts for settling payments and injecting capital,
  savings accounts and loan accounts.

• As interest-bearing accounts, your money grows even as you have instant access to your funds.

• Payments can be made from your foreign currency accounts through any of HSBC’s payment channels.

• Your foreign currency accounts can be managed online or through our phonebanking service, bringing you
  24-hour convenience and unhindered access to your business’s finances.

To find out more information about the categories of accounts available, please click here.

 

Interest Rate Adjustment for deposits of Non-resident Entities

Please be advised that the interest rate for deposits of non-resident entities will be adjusted with effect from 12 May 2008. To find out more information, please click here.

Next Steps

If you would like to explore in more detail the availability of foreign currency accounts in China, why not take a look at our FAQs?

Would you like to apply for a foreign currency account, or to discuss this with us in person? Please click on the button below if you would like us to contact you to make an appointment at a time and place that suits you.

Account opening forms and documentation can also be found by clicking here.

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