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HSBC Global Money Account

What Global Money can do for you

HSBC Global Money Account[@globalmoneyacct] is a prepaid, multi-currency account available on our Mobile Banking App for customers who maintain an HSBC checking or savings account. Manage your international finances from your smartphone, in 8 different currencies.

Apply now

Make transfers on a global scale

Convert and hold your money in your choice of 8 currencies. Then send an instant, no-fee transfer to another eligible HSBC customer.

Competitive and reliable FX rates

An exchange rate that refreshes every 90 seconds[@exchrate90sec] to align with foreign markets.

Security and peace of mind

Secure transactions using two-factor authentication, backed by a global network and FDIC insured bank.

One account for all your multi-currency needs

International banking that works for you - wherever you are in the world.

Manage everything securely from your smartphone[@dataratecharges].
See confirmation of your transactions in real time.
Retrieve statements within the HSBC Banking App[@dataratecharges].

Send money internationally

Enjoy fee-free transfers to non-HSBC accounts in over 200 countries and territories
Send money like a local for 60 destinations, with payments arriving in 1-3 business days or earlier
Make instant payments to HSBC accounts abroad

Available currencies

Global Money provides transfers for currencies[@notmexico] currently available with Global Transfers[@gvgtonlypremjade]. Additionally, these currencies are also available to convert and hold with Global Money:

AUD (Australian Dollar)
CAD (Canadian Dollar)
EUR (Euro)
GBP (Pound Sterling)
HKD (Hong Kong Dollar)
NZD (New Zealand Dollar)
SGD (Singapore Dollar)
USD (US Dollar)

How a Global Money account works

You add money from the HSBC account that you have linked to your Global Money account. You can do this by logging on via the HSBC Mobile Banking App and selecting which account the money will be transferred from.

When you're ready to make a transaction, you'll have the choice of sending to your own HSBC account or to someone else's HSBC account.

Your maximum daily limit is:

USD200,000 to your own HSBC accounts
USD50,000 to any other HSBC accounts

You'll be able to chose which currency you want to use, and you'll see the exchange rate (if you've chosen to send in a foreign currency). The exchange rate you'll get is live during trading market opening hours. When markets are closed, it's based on the most up-to-date market rate.

The HSBC Digital Security Device is integrated with the app and uses two-factor authentication to provide an added layer of protection.

Things to know

What you'll need to apply

You can apply for a Global Money Account if you have:

An active HSBC account - a sole account in your name, or a joint account where one signature is required
A current U.S. residential address
The HSBC Mobile Banking app

HSBC Global Money Account Terms (PDF, 178kB) Download link

Apply for a Global Money Account

Already an HSBC U.S. client?

To apply for a Global Money Account, go to the HSBC Mobile Banking app. Select 'HSBC Global Money', then 'Get started' and follow the steps to sign up.

Get started

New to HSBC?

You'll need an HSBC U.S. account before you can use Global Money.

View checking accounts

Frequently asked questions

First, you need a current U.S. residential address.

Second, you'll need to already have an eligible account with HSBC. These are:

Premier Checking
HSBC Premier Savings
HSBC Relationship Savings

The account you link to Global Money needs to be a sole account in your name or a joint account where only one signature is required.

To be eligible to open an HSBC Global Money Account in the US Mobile Banking App, you must be an existing customer of HSBC Bank USA, N.A., have an eligible US checking or deposit account, and a current U.S. residential address.

This is due in accordance with cross border restrictions imposed by various local laws or regulations in these countries. The information provided through the HSBC Global Money Account is not intended for use by persons located in or resident in jurisdictions where the distribution of such may be considered marketing or promotional and where that activity is restricted. We apologize for the inconvenience.

For more information about opening a Global Money Account (subject to your residential country’s restrictions), contact us using Chat or call 888.662.4722; 24 hours a day, 7 days a week.

A Global Money Account is different from a traditional bank account because:

it's only available in the HSBC Mobile Banking App
HSBC Global Money Account is a pre-paid mobile-only account, which means it is used for online transactions through a smartphone
checks and cash cannot be directly deposited into this account. You can only transfer in/out of it using an eligible funding account.

Money you move into an HSBC Global Money Account is held by HSBC Bank U.S.A., making it just as secure as money in any other HSBC Bank account. Learn more about HSBC security.

You can view your HSBC Global Money Account statements on the Mobile Banking App by selecting any of the currencies in your HSBC Global Money Account, then select View more, then View statements. These statements can also be found in your online banking by selecting My HSBC, then My documents.

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

Funds deposited into your account are subject to exchange rate risk, which may adversely impact the amount returned in U.S. dollar terms. It is strongly recommended you understand these restrictions before entering into any foreign exchange transaction.

Only these accounts are eligible for funding an HSBC Global Money account:

HSBC Premier
HSBC Premier Savings
HSBC Promo Premier Savings

You can send money to your own or someone else’s HSBC account if you or they have online banking in receiving markets including Australia, Bahrain, Bermuda, Egypt, Hong Kong, India, Indonesia, Malaysia, Malta, Philippines, Qatar, Singapore, Taiwan, United Arab Emirates, United Kingdom, United States, Vietnam, Sri Lanka, Channel Islands and Isle of Man, and Jersey (HSBC Expat).

You can also send money to China, but you'll need to follow these instructions:

China:

The most you can send in one transaction to accounts in China is USD10,000 (for USD receiving currency) and USD9,600 (or equivalent, for non-USD receiving currency).
For transfers of over USD10,000, please use online banking.
The beneficiary needs to log on to their account and complete a 'Balance of Payment' declaration that details the purpose of payment and source of funds for the transfer to be completed.

Currencies supported for sending are AED, AUD, BHD, CHF, CNY4, DKK, EUR, GBP, HKD, INR, JPY, KWD, NOK, SAR, SEK, SGD, USD and ZAR.

Global Money Transfers can be sent to yourself or others with HSBC accounts in another participating country. These transactions can only be made with a Global Money Account in the HSBC US Mobile Banking App.

Transfers will be processed as follows:

**Global Money Transfers to a participating country**
Date of request	Date transfer will be made
On a business day	Same day. There is no cut-off time for this type of transfer.
On a non-business day	Same day. There is no cut-off time for this type of transfer.

Global Money Transfers can be sent to yourself or others with HSBC accounts in another participating country. These transactions can only be made with a Global Money Account in the HSBC US Mobile Banking App.

Transfers will be processed as follows:

**Global Money Transfers to a participating country**
Date of request	On a business day
Date transfer will be made	Same day. There is no cut-off time for this type of transfer.

Date of request	On a non-business day
Date transfer will be made	Same day. There is no cut-off time for this type of transfer.

**Global Money Transfers to a non-participating country - in network**
Date of request	Date transfer will be made
On a business day - before cut-off Note: Cut-off times vary based on the receiving country.	Same day. However, it may take up to 3 business days to post.
On a business day - after cut-off Note: Cut-off times vary based on the receiving country.	The transfer will be processed the next business day after it's requested. However, it may take up to 3 business days to post.
On a non-business day	The transfer will be processed the next business day after it's requested. However, it may take up to 3 business days to post.

**Global Money Transfers to a non-participating country - in network**
Date of request	On a business day - before cut-off Note: Cut-off times vary based on the receiving country.
Date transfer will be made	Same day. However, it may take up to 3 business days to post.

Date of request	On a business day - after cut-off Note: Cut-off times vary based on the receiving country.
Date transfer will be made	The transfer will be processed the next business day after it's requested. However, it may take up to 3 business days to post.

Date of request	On a non-business day
Date transfer will be made	The transfer will be processed the next business day after it's requested. However, it may take up to 3 business days to post.

**Global Money Transfers to a non-participating country - out of network**
Date of request	Date transfer will be made
On a business day - before cut-off Note: Cut-off times vary based on the receiving country.	Same day. However, it may take up to 7 business days to post.
On a business day - after cut-off Note: Cut-off times vary based on the receiving country.	The transfer will be processed the next business day after it's requested. However, it may take up to 7 business days to post.
On a day other than a business day	The transfer will be processed the next business day after it's requested. However, it may take up to 7 business days to post.

**Global Money Transfers to a non-participating country - out of network**
Date of request	On a business day - before cut-off Note: Cut-off times vary based on the receiving country.
Date transfer will be made	Same day. However, it may take up to 7 business days to post.

Date of request	On a business day - after cut-off Note: Cut-off times vary based on the receiving country.
Date transfer will be made	The transfer will be processed the next business day after it's requested. However, it may take up to 7 business days to post.

Date of request	On a day other than a business day
Date transfer will be made	The transfer will be processed the next business day after it's requested. However, it may take up to 7 business days to post.

See all FAQs

Additional information

For clients located outside of the U.S. - Our products and services are not specifically directed at individuals located in the European Union. Our U.S. representatives, as well as our public website, us.hsbc.com, provide products and services governed by U.S. laws and regulations. Our products and services, as well as their specific terms and conditions, are subject to change and may not be available in all territories or to all customers. If your product requires a contract, application, disclosure, or other document to be signed, such document(s) will be deemed executed in the U.S. and only acted upon after you have signed them and they have been received by HSBC in the U.S. If you are not located in the U.S., the laws and regulations of your country of residence could affect the offering, negotiation, discussion, provision, and/or use of HSBC U.S. products and services. If you are not a U.S. resident, please read the specific cross-border product and service disclaimers, which are available on the Cross Border Disclosure page of our public website at us.hsbc.com/crossborder.

iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries.

Android and Google Play are trademarks of Google LLC.

App Store is a registered trademark of Apple Inc.

United States persons are subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons should consult a tax adviser for more information.

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

HSBC Global Money Account

What Global Money can do for you

Make transfers on a global scale

Competitive and reliable FX rates

Security and peace of mind

One account for all your multi-currency needs

Send money internationally

Available currencies

How a Global Money account works

Things to know

What you'll need to apply

Important documents

Apply for a Global Money Account

Already an HSBC U.S. client?

New to HSBC?

Frequently asked questions

Who can open a Global Money Account?

Why can't I find the option to open a Global Money Account in the HSBC U.S. Mobile Banking App?

How is the HSBC Global Money Account different from a traditional bank account?

Which accounts are eligible for funding an HSBC Global Money Account?

Who can I send money to, and which currencies can I send using a Global Money Account?

How long does a Global Money Transfer take to process?

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