HSBC Introduces New Banking Solution for NRIs

HSBC announced today a new banking solution for global Non-Resident Indians (NRIs)। The comprehensive solution allows the NRI community to conduct cross-border banking transactions and choose from a variety of tailored US and Indian deposit, mortgage and investment products.

In addition to helping NRIs better facilitate their banking transactions in the US and India, the solution also offers the following benefits:

Assistance in account opening with HSBC India(a) while in the US, and assistance in account opening with HSBC USA, while in India।

FastCheque - Free remittances to HSBC India from the US, at competitive exchange rates, by USD checks।

FastClick – Free remittances from the US to India through internet banking, whereby customers banking with both HSBC USA and HSBC India can remit monies to their NRI Accounts held with HSBC India, in a speedy and convenient manner।


Assistance in choosing from a wide array of HSBC USA personal and commercial products
Assistance in choosing from a variety of deposit and mortgage products offered by HSBC India.
"Today, there are 22 million Non-Resident Indians around the world who expect, and indeed demand, global banking expertise and the highest levels of service,” said Naina Lal Kidwai, Group General Manager and Country Head, HSBC India। "Between the US and India, HSBC currently serves more than 160,000 NRI customers and the new joined-up solution with HSBC USA will make this process even more seamless.”

“We believe in providing an appropriate and market leading level of service to all our customers in the US and this new offering will ensure a seamless banking experience for the NRI community,” said Kevin Newman, Group General Manager and Head, Personal Financial Services HSBC USA। “HSBC recognizes the specific needs of our global customers and this solution is designed to exceed those needs.”

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