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Managing Foreign Exchange

Foreign Exchange

Foreign ExchangeWe can help you to manage your finances in different currencies. With the security and global reach of HSBC, you can make foreign exchange and money transfers when and how you want, with help and guidance on-hand if required. Transact online instantly 24/7, deal over the phone or choose from our multi-currency accounts and investments.

Exchange rate volatility can affect your bottom line in many different ways, changing the value of your assets, liabilities and cash flows, especially when these are denominated in a foreign currency. If you have committed to either selling or buying goods or services in a foreign currency and the exchange rate fluctuates between agreement and payment, your overall profit from a particular deal can fall, or in low margin deals, could even be wiped out. Your foreign exchange risk is influenced by many factors such as length of exposure and currency volatility. By managing the risk, you could maximize profits or minimize the risk.

With treasury capabilities in over 60 countries, no one else is better poised than HSBC to provide knowledge and advice to help you better understand the risks at hand. Our dedicated risk advisory team is committed to help you determine strategies for foreign exchange risk and interest rate risk management. In addition, you will also have access to value-added services from our Global Research team of advisors.

FX and Currencies

FX Solutions
We offer a fully integrated global FX service across all time zones, quoting competitive FX prices in all tradeable currencies.

 

e-FX Solutions
Through HSBCnet, we offer a range of integrated e-trading channels for foreign exchange and money market transactions, with 24-hour coverage.

 

Foreign Currency Account
Foreign currency accounts can be held in Euros, Dollars, China Yuan* and 9 other currencies.

 

Forward exchange contract
Helps you to minimise unfavourable movements in exchange rates and budget at a guaranteed rate of exchange.

 

Currency options
Allows you to buy or sell a currency with certainty, while keeping a chance to benefit when the currency movement is in your favour.

 

Spot foreign exchange
Allows you to buy or sell a certain amount of foreign currency at the current market rate, for settlement in two business days' time.

 

Find out more about Foreign Exchange Risk Management
 
*China Yuan transaction is restricted based on economic/trade activity with a counterparty in China.