Important Information  
     
 
Revision of Service Charges w.e.f. 01 May, 2011 Date: 01 April, 2011
 
Dear Customer
We wish to inform you that with effect from 01 May, 2011, we are revising certain Service Charges^ applicable to your HSBC Savings Account / HSBC Advance Account / HSBC Premier Account.
The revised Service Charges are mentioned below:
 
Account and Services Category Existing Service Charges Revised Service Charges
HSBC Savings Account, HSBC Current Account and HSBC Advance Account
Cheque Return – Inward / Outward (Insufficient funds / Technical Reasons)# For customers not maintaining Average Quarterly Balance as may be applicable to specific account category - INR 350. For customers not maintaining Average Quarterly Balance as may be applicable to specific account category - INR 275.
Senior Citizen Customers holding HSBC Savings Account, HSBC Current Account and
HSBC Advance Account
Cheque Return – Inward / Outward (Insufficient funds / Technical Reasons)# For customers not maintaining Average Quarterly Balance as may be applicable on specific account category - INR 175. For customers not maintaining Average Quarterly Balance as may be applicable on specific account category - INR 140.
HSBC Savings Account and HSBC Current Account (including Senior Citizen Customers)
Issuance of Security Devices# are applicable to Domestic Customers Nil INR 500
HSBC Savings Account, HSBC Current Account, HSBC Advance Account and HSBC Premier Account (including Senior Citizen Customers)
1 Outward RTGS Transfer through HSBC Internet Banking Nil INR 2 lacs up to INR 5 lacs
INR 25 per transaction@
1 Outward NEFT Transfer through HSBC Internet Banking Nil
Upto INR 1 lac INR 5
Above INR 1 lac to
INR 2 lacs		 INR 15
Above INR 2 lacs INR 25@
HSBC Savings Account, HSBC Advance Account and HSBC Premier Account (including Senior Citizen Customers)
Service Charges for Cheque Collection under Speed Clearing for Savings account^ Nil
Upto INR 1 lac Nil
Above INR 1 lac INR 100
 
     
  For a complete list of Service Charges and fees, please visit us at hsbc.co.in.  
  Assuring you of our best services at all times.  
  Yours sincerely,  
  Centralised Account Services  
 
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Issued by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). Incorporated in Hong Kong SAR with limited liability.
Important Notes:
The above Service Charges are applicable to Domestic and Non Resident Savings and Current account holders of HSBC.
#Charges will be levied each month for the previous month’s transactions unless specified otherwise.
@Subject to Internet Banking Limits as designated on Customer’s HSBC account. On registering for Internet Banking Service, the Customer will be provided with default third party pre-designated and non designated limits. Pre-designated limits will be defaulted to INR 5 Lacs per customer per day and Non designated Limits will be defaulted to INR 2 Lacs per customer per day. Customers are requested to visit nearest HSBC Branch for executing outward RTGS / NEFT transaction above INR 5 Lacs.
^Service Charges for Cheque Collection under Speed Clearing applicable to HSBC Savings & HSBC Advance account (including Senior Citizen Customers) will be effective 01 June, 2011.
The above Service Charges are subject to Service tax and any other cess applicable as per prevailing rates, current service tax and education cess rate applicable @ 10.30% unless otherwise specified.
‘RTGS’ - Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis.
‘NEFT’ National Electronics Funds Transfer System is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches.
NRI deposits are under the Reserve Bank of India programme for Non-Resident Indians and are governed by the rules in effect from time to time relating to such programmes, are subject to the sovereign risk arising from, and governed by the laws of, or any changes to the laws of India. NRI deposits/accounts are held with The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India), and are not insured by any insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made.
NR accounts and NRI Services are offered by The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) under the Reserve Bank of India Non-Resident Indian Programme.
NR deposits with the Bank in India are not insured by Federal Deposit Insurance Corporation (FDIC) of the U.S.A., nor by any other insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made. 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.
NRI Services are provided by HSBC India. HSBC India is the branch of The Hongkong and Shanghai Banking Corporation Limited and HSBC India is not regulated in Canada. NR deposits with the Bank in India are not insured by Canadian Deposit Insurance Corporation (CDIC), nor by any other insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made. You should consult your tax advisor for the Canada treatment of income from these deposits.
Approved for issue in the UK by HSBC Bank plc. We remind UK citizens and UK residents that deposits with HSBC India are not subject to the rules made under the Financial Service and Markets Act 2000 for the protection of private customers, including the Financial Services Compensation Scheme.
For Residents within Kingdom of Bahrain we remind you that deposits made with HSBC India do not benefit from the protection provided under the Deposit Protection Scheme established by the Central Bank of Bahrain regulation concerning the establishment of a Deposit Protection Scheme and a Deposit Protection Board.
NRI accounts and services are offered by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). HSBC India is a branch of The Hongkong and Shanghai Banking Corporation Limited. The Hongkong and Shanghai Banking Corporation Limited has a Representative Office in the UAE Licensed by the Central Bank of the United Arab Emirates.
Deposits / accounts held with HSBC India are not protected by the Hong Kong Deposit Protection Scheme.
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