Foreign Currencies. You can buy and sell foreign currencies with us or using our products in a number of ways. Depending upon how you buy or sell foreign currencies, the HSBC exchange rate will comprise any of the following: Transact in branch The real time exchange rate1. Use our online banking service The real time exchange rate1. Use our Markets Desk The real time exchange rate1. Use your Visa Debit card linked to an Everyday Global Account The HSBC daily rate, if there is an insufficient balance of the foreign currency in your account. The Visa exchange rate, if the currency is not a currency we offer on the Everyday Global Account (such as THB), or the currency is a restricted currency (such as CNY). We’ll deduct the amount from the AUD control account. Use your Visa Debit card with other accounts The Visa exchange rate. Use your Visa credit card The Visa exchange rate. Use your Mastercard credit card The amount will be first converted into US Dollars, and then to AUD using the Mastercard exchange rate. Make a transaction that’s rejected (e.g. a telegraphic transfer) The real time exchange rate that applies when we process the payment back to your account. Receive a foreign currency electronic payment and don’t have an account in that foreign currency The real time exchange rate that applies when we process the payment into your account. Where you instruct us to make a payment at a future date or where you pay a third party after currency cut-off times The HSBC daily rate. Deposit or write a foreign currency cheque/draft into an account of a different currency The HSBC daily rate, if the foreign currency cheque/draft amount is equivalent to $50,000 or less. The real time exchange rate, if the foreign currency cheque/draft is equivalent to more than $50,000. Where you use a foreign currency for anything else other than what’s mentioned above The HSBC daily rate. 1. The real time exchange rate won’t apply and the HSBC daily rate will apply when we process the payment if: (a) you instruct us to make a transaction at a future date; or (b) if you’re paying another person and it’s not a working day or if it’s a weekend or public holiday in the US or country of the currency; or (c) if you’re paying another person on a working day after the currency cut-off time. The HSBC daily rate is the rate advertised in our branches and is set once daily. It can be higher, lower or the same as the real time exchange rate. The real time exchange rate is the exchange rate in the market a few seconds before the exchange rate is given to you. Real time exchange rates only apply to currencies we offer, and will vary depending on how you transact. If we receive your request after the relevant cut-off time, we will process your request the next working day. The applicable exchange rate may have changed during this time and there is always a risk that the exchange rate will not be as favourable as when your first requested the transfer. We will not process foreign currency transactions on US or foreign currency country public holidays. The exchange rate that will apply will depend on the currency being transferred. This exchange rate can be obtained by calling us on 0000 000 000 or visiting our website. We will state any charges or fees for foreign currency transfers in AUD and may convert this into a foreign currency before it is debited from your account.
Appears in 2 contracts
Samples: Personal Banking Agreement, Personal Banking Agreement
Foreign Currencies. You can buy and sell foreign currencies with us or using our products in a number of ways. Depending upon how you buy or sell foreign currencies, the HSBC exchange rate will comprise any of the following: Transact in branch The real time exchange rate1HSBC Real Time Exchange Rate1. Use our online banking service The real time exchange rate1HSBC Real Time Exchange Rate1. Use our Markets Desk The real time exchange rate1HSBC Real Time Exchange Rate1. Use your Visa Debit card linked to an Everyday Global Account The HSBC daily rateDaily Exchange Rate, if there is an insufficient balance of the foreign currency in your account. The Visa exchange rate, if the currency is not a currency we offer otfer on the Everyday Global Account (such as THB), or the currency is a restricted currency (such as CNY). We’ll deduct the amount from the AUD control account. Use your Visa Debit card with linked to other accounts The Visa exchange rate. Use your Visa credit card The Visa exchange rate. Use your Mastercard credit card The amount will be first converted into US Dollars, and then to AUD using the Mastercard exchange rate. Make a transaction that’s rejected (e.g. a telegraphic transferan International Transfer) The real time exchange rate HSBC Real Time Exchange Rate that applies when we process the payment back to your account. Receive a foreign currency electronic payment and don’t have an account in that foreign currency The real time exchange rate that applies when we process the or payment is to credit into your an AUD account. Where you instruct us to make a payment at a future date or where you pay a third party after currency cut-off otf times The HSBC daily rateReal Time Exchange Rate that applies when we process the payment into your account. The HSBC Daily Exchange Rate at the time we process the payment. Deposit or write a foreign currency cheque/cheque/ draft into an account of a different ditferent currency The HSBC daily rateDaily Exchange Rate, if the foreign currency cheque/draft amount is equivalent to $50,000 AUD50,000 or less. The real time exchange rateHSBC Real Time Exchange Rate, if the foreign currency cheque/draft is equivalent to more than $50,000AUD50,000. Where you use Deposit Australian dollar cheques into a foreign currency for anything else other than what’s mentioned above account The HSBC daily rateDaily Exchange Rate at the time when the money is available to be credited to your account. If your cheque is dishonoured, we’ll calculate the amount using the current HSBC Daily Exchange Rate or the HSBC Daily Exchange Rate that was applied at the time your account was credited, whichever is lower. Clause 54 of this booklet contains further information about this. Set up a periodical payment that involves a foreign currency conversion The HSBC Daily Exchange Rate at the time we process the payment on the periodical payment date.
1. The real time exchange rate HSBC Real Time Exchange Rate won’t apply and the HSBC daily rate Daily Exchange Rate will apply when we process the payment if: (a) you instruct us to make a transaction at a future date; or (b) if you’re paying another person and it’s not a working business day or if it’s a weekend or public holiday in the US or country of the currency; or (c) if you’re paying another person on a working business day after the currency cut-off otf time. The HSBC daily rate is Currency cut-otf times apply to international payments and may be ditferent depending on the rate advertised currency you are making the transfer in our branches and is set once daily. It can be higher, lower or the same as destination of the real time exchange rate. The real time exchange rate is the exchange rate in the market a few seconds before the exchange rate is given to you. Real time exchange rates only apply to currencies we offer, and will vary depending on how you transactpayment. If we receive your request after the relevant cut-off otf time, we will process your request the next working business day. The applicable exchange rate may have changed during this time and there is always a risk that the exchange rate will not be as favourable as when your you first requested the transfer. We will not process foreign currency transactions on NSW, US or foreign currency country public holidays. The exchange rate that will apply will depend on the currency being transferred. This exchange rate can be obtained by calling us on 0000 000 000 or visiting our website. We will state any charges or fees for foreign currency transfers in AUD and may convert this into a foreign currency using the HSBC Daily Exchange Rate before it is debited from your account. The HSBC Daily Exchange Rate is set and refreshed every 30 minutes daily from 7:00 AM to 7:00 PM AEST/AEDT (excluding weekends and NSW public holidays). It can therefore ditfer from the HSBC Real Time Exchange Rate. It applies to currencies not covered by HSBC Real Time Exchange Rates, or in instances when HSBC Real Time Exchange Rates cannot be applied.
Appears in 1 contract
Samples: Personal Banking Agreement
Foreign Currencies. You can buy and sell foreign currencies with us or using our products in a number of ways. Depending upon how you buy or sell foreign currencies, the HSBC exchange rate will comprise any of the following: Transact in branch The real time exchange rate1HSBC Real Time Exchange Rate1. Use our online banking service The real time exchange rate1HSBC Real Time Exchange Rate1. Use our Markets Desk The real time exchange rate1HSBC Real Time Exchange Rate1. Use your Visa Debit card linked to an Everyday Global Account The HSBC daily rateDaily Exchange Rate, if there is an insufficient balance of the foreign currency in your account. The Visa exchange rate, if the currency is not a currency we offer otfer on the Everyday Global Account (such as THB), or the currency is a restricted currency (such as CNY). We’ll deduct the amount from the AUD control account. Use your Visa Debit card with linked to other accounts The Visa exchange rate. Use your Visa credit card The Visa exchange rate. Use your Mastercard credit card The amount will be first converted into US Dollars, and then to AUD using the Mastercard exchange rate. Make a transaction that’s rejected (e.g. a telegraphic transferan International Transfer) The real time exchange rate HSBC Real Time Exchange Rate that applies when we process the payment back to your account. Receive a foreign currency electronic payment and don’t have an account in that foreign currency The real time exchange rate that applies when we process the or payment is to credit into your an AUD account. Where you instruct us to make a payment at a future date or where you pay a third party after currency cut-off otf times The HSBC daily rateReal Time Exchange Rate that applies when we process the payment into your account. The HSBC Daily Exchange Rate at the time we process the payment. Deposit or write a foreign currency cheque/cheque/ draft into an account of a different ditferent currency The HSBC daily rateDaily Exchange Rate, if the foreign currency cheque/draft amount is equivalent to $50,000 AUD50,000 or less. The real time exchange rateHSBC Real Time Exchange Rate, if the foreign currency cheque/draft is equivalent to more than $50,000AUD50,000. Where you use Deposit Australian dollar cheques into a foreign currency for anything else other than what’s mentioned above account The HSBC daily rateDaily Exchange Rate at the time when the money is available to be credited to your account. If your cheque is dishonoured, we’ll calculate the amount using the current HSBC Daily Exchange Rate or the HSBC Daily Exchange Rate that was applied at the time your account was credited, whichever is lower. Clause 55 (‘Interest rate and foreign currency rate changes’) of this booklet contains further information about this. Set up a periodical payment that involves a foreign currency conversion The HSBC Daily Exchange Rate at the time we process the payment on the periodical payment date.
1. The real time exchange rate HSBC Real Time Exchange Rate won’t apply and the HSBC daily rate Daily Exchange Rate will apply when we process the payment if: (a) you instruct us to make a transaction at a future date; or (b) if you’re paying another person via online banking and it’s not a working day or if it’s a weekend or public holiday in NSW or the US or country of the currencyUS; or (c) if you’re paying another person on a working day via online banking after the currency cut-off otf time. For International Transfers made via mobile banking, the HSBC Real Time Exchange Rate will always apply. For some transactions made in branch, the HSBC Daily Exchange Rate may be applied. For any fees or charges stated in AUD debited from your foreign currency account, we will convert this into the currency of the account using the HSBC Daily Exchange Rate before it is debited. For fees or charges for International Transfers made via mobile banking, the HSBC Real Time Exchange Rate will instead be used for this conversion. The HSBC Daily Exchange Rate is set and refreshed every 30 minutes daily from 7:00 AM to 7:00 PM AEST/AEDT (excluding weekends and NSW public holidays). The previous rate will continue to apply until the rate is the rate advertised in our branches refreshed. This includes HSBC’s risk and is set once dailyretail margins. It can therefore ditfer from the HSBC Real Time Exchange Rate. It applies to currencies not covered by HSBC Real Time Exchange Rates, or in instances when HSBC Real Time Exchange Rates cannot be higher, lower or the same as the real time exchange rateapplied. The real HSBC Real Time Exchange Rate is linked to the foreign currency market and is inclusive of HSBC’s risk and retail margins. When the FX market is closed on weekends (that is from the US market closing time exchange rate is on Friday to the exchange rate in Asia market opening time on Monday), the market a few seconds before the exchange rate is given to youHSBC Real Time Exchange Rate will also include an additional weekend margin. HSBC Real time exchange rates Time Exchange Rates only apply to currencies we offer, and will vary depending on how you transactselect currencies. If we receive your request after the relevant cut-off time, we will process your request the next working day. The applicable exchange rate may have changed during this time and there is always a risk that the exchange rate will not be as favourable as when your first requested the transfer. We will not process foreign currency transactions on US or foreign currency country public holidays. The exchange rate that will apply will depend on the currency being transferred. This exchange rate can be obtained by calling us on 0000 000 000 or visiting Please check our website. We will state any charges or fees website at xxxx.xxx.xx for foreign currency transfers in AUD and may convert this into a foreign currency before it is debited from your accountmore details.
Appears in 1 contract
Samples: Personal Banking Agreement
