Non-Resident Indians (NRIs)

When you move abroad for study, the opportunities can bring immense joy and excitement. But it can also be challenging as you navigate the emotional journey of moving to a new country without the comforts of home around you. At HSBC, we believe that studying abroad shouldn’t mean sacrificing your sense of belonging and that’s why we teamed up with Virat Kohli to surprise Indian students in the UK with a game of gully cricket – something that is uniquely Indian and a lovely reminder of home, and also a wonderful way to create new connections and a new sense of belonging with other students in the UK. Watch the video to see their reaction!

The 2021 Global Indian Pulse report shows that 40% of Overseas Indians in Singapore stay connected to India by sending money back home. Whether it's for purchasing property, family expenses, or your children's education, having access to fast and cost-effective funds transfers is important.

HSBC Global Money Transfers lets you send money faster and fee-free¹ , with just a few taps on the HSBC Singapore app. Send money to:

• over 50 countries/territories like a local (i.e. Send like a local)
• over 200 countries/territories via SWIFT
• other third-party HSBC accounts instantly²

If you are new to Singapore, you may choose to provide your information and consent for us to access use your credit history from India during your credit card application. This may help us understand you better and provide you more appropriate credit limit. You can also receive a free copy of your credit report. Learn more here.

Access wealth platforms both online and on mobile so you can self help from where you need to and get greater control on your wealth needs. View all of this and manage seamlessly via Wealth Dashboard

Digital wealth includes

• Digital Investment Account Opening
• Online Security Trading in US, Singapore and Hong Kong
• Online Unit Trust
• Bonds and structured products
• Wealth Insights

Those seeking advanced wealth solutions and expertise, can get access to Specialists for Wealth Planning, Legacy Planning, Retirement Solutions and more.

Enjoy value added offers including

More details here.

• Dedicated Premier relationship managers and service team who understand cross border requirements and speak your language be it English, Tamil, Hindi, Telugu, Punjabi, Gujarati, etc
• Dedicated service desk for NRIs to assist with servicing requirements with accounts across both India and Singapore.

With HSBC EasyID you can open an account online within a few minutes!

Before you start, make sure you have one of the following ID on-hand.

• NRIC (for Singapore citizens or PR)
• Passport
• MyKad (for Malaysian citizens)

¹Some intermediary banks may charge fees. You can see an estimate of the applicable fees when you review your transfer. The actual amount is subject to the intermediary bank and will be debited after you've confirmed your transfer.

Some banks may charge for incoming international transfers. Your payees will need to check with their banks on these charges as they vary and will be debited from the payee's account. We are unable to advise you on the fees applied by other banks for payments sent through Global Money Transfers.

²Foreign exchange transactions involving the following currencies: Bermudian Dollar, Egyptian Pound, Qatari Riyal, Indonesian Rupiah, Sri Lankan Rupee, Malaysian Ringgit, Vietnamese Dong, Philippine Peso and Omani Rial may not be processed instantly over the weekend and public holidays.

³To qualify for HSBC Premier, you must keep a minimum Total Relationship Balance (TRB) of SGD200,000 (or its equivalent in foreign currencies).

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.