Go Back

HSBC Expat

expat.hsbc.com
Summary

HSBC Expat provides international banking services primarily for expatriates, including multi-currency accounts, global money transfers, and a multi-currency debit card. Their services aim to simplify managing finances across different countries and currencies, with a focus on mobile accessibility and competitive exchange rates.

Features
7/15
See all

Must Have

3 of 5

Multi-Currency Account

Borderless Debit Card

Fast Transfer Execution

Mid-Market Exchange Rate Transfers

Transparent Low Fees

Other

4 of 10

Real-Time Rate Alerts

Mobile App

Regulatory Compliance

Customer Support

Batch Payments

API Integration

Business Account Features

Invoice Creation

Spending Analytics

Multi-User Access

Pricing
Tiered
See all

Expat Bank Account

Custom
  • Current account available in GBP, USD or EUR
  • Connects to other HSBC accounts

Global Money Account

Custom
  • Fee-free international payments
  • Store up to 19 currencies in one account
  • Multi-currency physical and digital card

Fixed Term Deposit

Custom
  • Choose from 19 currencies

Quarterly Bonus Saver

Custom
  • Choose from 2 currencies - GBP or USD

Online Bonus Saver

Custom
  • Choose from 3 currencies - GBP, USD and EUR

Currency Savings

Custom
  • Choose from 16 currencies

Saver Account

Custom
  • Choose from 3 currencies - GBP, USD and EUR
Rationale

HSBC Expat offers multi-currency accounts and a Global Money debit card, aligning with the core features of a multi-currency platform. They explicitly mention 'fee-free international payments' with Global Money, which suggests transparent and low fees, although the mid-market exchange rate isn't explicitly stated as 'mid-market' but rather 'competitive rates' and 'aligned with the market'. They also highlight fast transfers and mobile app functionality. While they offer international banking services, the focus is on expatriates rather than a broad audience, and some features like batch payments or API integration are not clearly advertised for general users.