International Banking Product & Services

Foreign Currency Accounts

You may open an account in the currency of your choice depending on how freely accessible you wish to keep your funds.  The principal features of holding foreign currency accounts include:

• Deposits accepted in all major international currencies.
• Highly competitive interest rates.
• Multi-currency cheque facilities on the high interest cheque account.
• Complete confidentiality and security.
• No exchange control restrictions on funds held by non-resident account holders.

High Interest Cheque Accounts

This account is tailor-made to suit the demands of the professional working abroad, who requires regular and instant access to a premium interest-bearing account with the added flexibility of a multi-currency cheque book.

Cheques issued overseas may not be readily acceptable for payment outside Malta and may be subject to clearance prior to being honoured. This may incur extra costs.

• Interest is calculated on a daily basis, credited to the account on a quarterly basis and is subject to prevailing international money market rates which are subject to change without notice.
• Account holder may opt to switch the base currency into any other major denomination.

Term Deposit Accounts

Our Term Deposit accounts guarantee a fixed rate of interest for a fixed period of time. To benefit, your deposit must be kept in the account for the duration of the term. A minimum of €230 (Lm98.74) is required to open this account.

Account features

• a high fixed interest rate is guaranteed for the term of your investment;
• a choice of terms starting from as low as 7 days and going up to 5 years;
• interest paid on maturity or annually in the case of terms of 2 years or more.

Call Accounts

• An interest bearing account with instant access.
• No prior notice is required to withdraw part or all of the available balance from the account.
• Interest is calculated on a daily basis and credited to the account on a quarterly basis.
• Rates are variable and are subject to prevailing international money market rates.
• Funds may be switched into another currency denomination upon request.
• International standing instructions payable in any major currency may also be arranged.
• Quarterly bank statements are provided.

Foreign Exchange Services

We deal in all major currencies and in virtually any other convertible currency. Through our sophisticated and efficient dealing system, our dealers can quote spot and/or forward currency rates.

• Foreign currency notes and travellers cheques are available on request.
• Trade related services

Through our dedicated Trade Services Centre we offer a full range of banking products to support your trading needs, which include:

• Full documentary letters of credit service.
• Inward and outward bills for collection.
• A range of guarantee and performance bond products.

Home Loan scheme in local or foreign currency

(for personal non-resident and permanent resident foreign customers only)

We can provide you with the necessary finance to purchase and complete your residence in Malta.

• Loans may be drawn in foreign currency.
• Loan to be 80% of cost subject to applicant's income.
• Interest at 2.0 % over 6 month LIBOR.

Click here for more information on local currency Home Loans.

International Funds Transimission

Upon your instructions we will transfer funds in any major currency to any international destination of your choice through:

The use of SWIFT (Society for Worldwide Interbank Financial Telecommunications SC) telegraphic transfer system to provide the fastest and most efficient way of making direct payments abroad.

The issue of banker's drafts which can be airmailed or sent by courier in accordance with your instructions.

Express Banking

Our online facilities give you the ability to bank from the comfort of your home or office.

With our Internet Banking, PhoneBanking and Mobile Services you are in control of your finances while you are on the move. You can also apply for our products or request an appointment with your Branch Manager or Financial Planning Officer by using our online application forms.

Credit Cards

Visa and MasterCard can be offered to all our customers. The HSBC Visa Gold card and HSBC Premier service are also available for selected customers.

Our cards are internationally recognised and can be used throughout the world.

The amount you spend or encash abroad will be converted into euro on the day we receive the transaction. Cash security may be required for some of these facilities.

Debit Cards

If you are a permanent or temporary foreign resident in Malta or visit the island frequently, the Quikcash Card is the most convenient way to obtain cash from your account 24 hours a day, 7 days a week.

You may use it atlocal Automated Teller Machines and also when effecting payment in retail outlets throughout the Maltese islands.

Safety Deposit Lockers

Facilities for the safe custody of certificates and documents of value, jewellery and other valuables are available.

Standing Instructions

We can facilitate payment of bills by standing instructions, regular payments to third parties locally and overseas, and effect inter-account transfers.