This is because HSBC adds its own margin to themid-market exchange rate.² Also known as the interbank rate, this is the cost of the currency conversion to HSBC. By adding a margin to this when passing on the rate to you, the bank can make money from the transfer. Unfortunately thoug...
For international transfers² – the International Bank Account Number (IBAN) and SWIFT/BIC number for your recipient. Calculate the neededHSBC IBAN numberhere. How long does a bank transfer take with HSBC? HSBC uses the Faster Payments system, which means that your transfer should be sent ins...
Beneficiary name and address Beneficiary bank SWIFT/BIC code Beneficiary IBAN (international bank account number) or full account number Beneficiary bank address Reason for payment Any payment reference you want the beneficiary to see It’s good to know that the exact details you need to provide wi...
This is because HSBC adds its own margin to themid-market exchange rate.² Also known as the interbank rate, this is the cost of the currency conversion to HSBC. By adding a margin to this when passing on the rate to you, the bank can make money from the transfer. Unfortunately thoug...
TheBIC/SWIFT code However, if you’re receiving money from abroad through Wise, you’ll need the following information you can find on your checkbook: your full name, your9-digit ACH routing number, and your account number. How long does an international bank transfer with HSBC USA take?