HSBC Global Wallet

HSBC Global Wallet is a multi-currency account solution for businesses, enabling them to manage international payments and foreign currency balances from a single US-based account. It aims to simplify cross-border transactions by reducing fees and clearing times, and integrates with HSBC's existing business banking platform.

HSBC Global Wallet offers a multi-currency account solution for businesses, allowing them to hold, manage, send, and receive payments in multiple currencies from a single US-domiciled account. The platform emphasizes transparent foreign exchange rates and reduced transaction fees, aligning with 'transparent-low-fees'. It aims to reduce average clearing time, indicating 'fast-transfer-execution'. The service is explicitly for businesses and integrates with HSBCnet, suggesting 'business-account-features'. As a bank, 'regulatory-compliance' is inherent, and customer support is mentioned. While it offers competitive FX rates, it doesn't explicitly state 'mid-market-exchange-rate-transfers' without markups, which is a key differentiator for Wise. There's no mention of a borderless debit card.