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Issued by The Hongkong and Shanghai Banking Corporation Limited, India. Incorporated in Hong Kong SAR with limited liability. The above modes of money transfer attracts a flat conversion fee of Rs. 50/- plus service tax, currently applicable at 10.30% of the fee, will be debited by HSBC India from the proceeds of each remittance transaction involving foreign currency conversion. HSBC India is the branch of The Hongkong and Shanghai Banking Corporation Limited and not regulated in Canada. NR accounts and NRI Services are offered by HSBC India under the Non-Resident Indian program of the Reserve Bank of India. HSBC India is not a member of the Canada Deposit Insurance Corporation (CDIC) therefore NR accounts with HSBC India are not CDIC insured. NR accounts are offered by HSBC India under the Non-Resident Indian program of the Reserve Bank of India. HSBC India is not a member of the Federal Deposit Insurance Corporation (FDIC) of the U.S.A., therefore NR accounts with HSBC India are not FDIC insured. Under current U.S. tax laws, U.S. citizens and residents are subject to tax on their worldwide income. You should consult your tax advisor for the U.S. treatment of income from these deposits. This promotion is approved for issue in the UK by HSBC Bank plc. We remind UK citizens that deposits made with HSBC India do not benefit from the protection provided under Financial Services Markets Act 2000, including the Financial Services Compensation Scheme. NR deposits/accounts held with HSBC India are not neither protected by the Hong Kong Deposit Protection Scheme nor the Hong Kong SAR Government’s Exchange Fund. NR Accounts and NRI Services are offered by The Hongkong and Shanghai Banking Corporation in India (HSBC India) under the Reserve Bank of India Non-Resident India Program. |
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