How Does HSBC Australia Exchange Rates Compare To Other ...

Skip to content Home | Reviews | HSBC Australia Exchange RatesDisclaimersAffiliate disclaimerSome of the links on this website are affiliate links, which means that we may earn a commission if you click and make a purchase. However, please note that this does not affect our evaluations and comes at no cost to you.Ownership disclaimerExiap is an international money transfer comparison website owned by Wise, a company that offers international money transfer services. Even though Wise owns Exiap, Wise does not receive preferential treatment in our comparison rankings. Our goal is to provide transparent information to help you make informed decisions about your money transfers. We believe in the importance of transparency and trust, and we strive to maintain those values in everything we do. Read more here. How Does HSBC Australia Exchange Rates Compare to other Banks and Providers?

Learn whether the HSBC is a good option for making international money and currency transfers in this HSBC Exchange Rates Review.

HSBC Holdings plc is a British multinational banking and financial services company headquartered in London, United Kingdom. It is the world's third largest bank by assets. HSBC is organised within four business groups: Commercial banking; Global banking and Markets (investment banking); Retail Banking and Wealth Management; and Global Private Banking.

The Currency Shop says:

• A dedicated currency provider will almost always give you better rates and lower fees.
• Use our comparison table to compare foreign exchange rates, fees and services of other providers.
• Wise, OFX, and World First are good places to compare exchange rates.

What we will cover in this HSBC Australia exchange rates review

We’re most interested in how much it costs to transfer money internationally through HSBC Australia. In this article, we’ll explore:

• How HSBC Australia exchange rates compares to others
• Fees involved in sending and receiving international currency
• How easy is it to make a transfer via HSBC?
• How long does an international money transfer take through HSBC?

Compare money transfer companies like HSBC

I am sending USDEURGBPNZDJPYINRSGDAUDBRLCADBGNCNYZARAEDALLAOAARSAZNBAMBDTBHDBMDBNDBOBBWPCHFCLPCOPCRCCZKDJFDKKDOPDZDEGPETBFJDGELGHSGMDGNFGTQHKDHNLHTGHUFIDRILSISKJMDJODKESKHRKRWKZTLAKLBPLKRLSLMADMDLMGAMKDMNTMURMWKMXNMYRMZNNADNGNNIONOKNPROMRPENPGKPHPPKRPLNPYGQARRONRSDRUBRWFSARSBDSEKSLLSVCTHBTNDTOPTRYTTDTWDTZSUAHUGXUYUVNDVUVWSTXOFZMWCFATMT from Select Country United StatesEuropeUnited KingdomNew ZealandJapanIndiaSingaporeAustraliaBrazilCanadaBulgariaChinaSouth AfricaAlbaniaAlgeriaAngolaArgentinaAzerbaijanBahrainBangladeshBermudaBoliviaBosnia and HerzegovinaBotswanaBruneiCambodiaChileColombiaCosta RicaCzech RepublicDenmarkDjiboutiDominican RepublicEgyptEl SalvadorEthiopiaFijiGambiaGeorgiaGhanaGuatemalaGuineaHaitiHondurasHong KongHungaryIcelandIndonesiaIsraelJamaicaJordanKazakhstanKenyaLaosLebanonLesothoLithuaniaMacedoniaMadagascarMalawiMalaysiaMauritiusMexicoMoldovaMongoliaMoroccoMozambiqueNamibiaNepalNicaraguaNigeriaNorwayOmanPakistanPapua New GuineaParaguayPeruPhilippinesPolandQatarRomaniaRussiaRwandaSamoaSaudi ArabiaSerbiaSierra LeoneSolomon IslandsSouth KoreaSri LankaSwedenSwitzerlandTaiwanTanzaniaThailandTongaTrinidad and TobagoTunisiaTurkeyUgandaUkraineUnited Arab EmiratesUruguayVanuatuVietnamWest African CFA francZambiaBeninBurkina FasoCote d'IvoireGuinea-BissauMaliNigerSenegalTogoTurkmenistanWest Africa to Select Country United StatesEuropeUnited KingdomNew ZealandJapanIndiaSingaporeAustraliaBrazilCanadaBulgariaChinaSouth AfricaAlbaniaAlgeriaAngolaArgentinaAzerbaijanBahrainBangladeshBermudaBoliviaBosnia and HerzegovinaBotswanaBruneiCambodiaChileColombiaCosta RicaCzech RepublicDenmarkDjiboutiDominican RepublicEgyptEl SalvadorEthiopiaFijiGambiaGeorgiaGhanaGuatemalaGuineaHaitiHondurasHong KongHungaryIcelandIndonesiaIsraelJamaicaJordanKazakhstanKenyaLaosLebanonLesothoMacedoniaMadagascarMalawiMalaysiaMauritiusMexicoMoldovaMongoliaMoroccoMozambiqueNamibiaNepalNicaraguaNigeriaNorwayOmanPakistanPapua New GuineaParaguayPeruPhilippinesPolandQatarRomaniaRussiaRwandaSamoaSaudi ArabiaSerbiaSierra LeoneSolomon IslandsSouth KoreaSri LankaSwedenSwitzerlandTaiwanTanzaniaThailandTongaTrinidad and TobagoTunisiaTurkeyUgandaUkraineUnited Arab EmiratesUruguayVanuatuVietnamWest African CFA francZambiaBeninBurkina FasoCote d'IvoireGuinea-BissauMaliNigerSenegalTogoTurkmenistanWest Africa Find cheapest deal!

Fees involved in sending and receiving international currency with HSBC Foreign Exchange

You can send money via internet banking with a default maximum amount of $50,000 at a fee of $25. But you can also raise this limit and conduct a telegraphic transfer up to $100,000. You can also save $5 for each overseas transfer using the HSBC internet banking service.

How easy is it to make a transfer?

You can transfer money through online, phone, agent, bank account to bank account, cash transfer and international money order.

How long does an international money transfer take through HSBC?

Transferring money internationally through HSBC will take up to 3-5 days.

Other considerations

HSBC does allow you to hold multiple currency accounts. You can view them using one log-on and can transfer funds between the accounts instantly. This is particularly handy for people that spend significant time each year in different countries.

Conclusion

Through HSBC international money transfer, you can save $5 through internet banking service. Processing time is still 3-5 days which could be an inconvenience for urgent situations.

https://youtu.be/L1qXI_JVLUoPlease accept the optional cookies to watch this video. Ileana Ionescu Author Ileana Ionescu Content manager With a background in business journalism, Ileana is an experienced content manager, creating content for Exiap that helps its audience make informed decisions about their finances. Read more Last updated April 15th, 2021 Top