Dear Customer,

At HSBC, it is our constant endeavor to provide our customers with superior product features and services.

As part of our streamlining exercise to better align our offerings to the Business Banking customers, we wish to inform you that we are revising the service charges applicable to your current account. Charges which have been revised are mentioned below.

Charge Type Service charges and Fees
Existing Charges New Charges
Cheque Collection under Speed Clearing. (with effect from 1 June 2011) Upto 10,000 – rupee 50
10,000 – 1lakh – rupee100
Above 1lakh – rupee 150
Upto 1lakh -- rupee 5
Above 1lakh– rupee 100
Deposit of local clearing cheques for credit of account held at another branch of HSBC, in a different city, in India (with effect from 1 June 2011) 0.07%
(Min. rupee 50 and Max. rupee150)
rupee 100 per instrument
 
Revised annual fees for your Business Debit card
(Valid for Business Accounts and Business Vantage only)
Business Debit Card annual charges (with effect from 1 June 2011) rupee 150 rupee 250

For complete details on our services and the entire schedule of charges, please visit the Business Banking section on our website hsbc.co.in or call on our PhoneBanking numbers (will provide link to the list of All India CMB contact centre phone numbers).

Yours sincerely,

Sandeep Uppal 

Sandeep Uppal 
Head – Commercial Banking 
HSBC

 
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