HSBC India


	Important Information!

Dear Customer,

This is to inform you that effective June 28, 2010* the lock box facility being utilized by the USA based Non Resident (NR) account holders of The Hongkong and Shanghai Banking Corporation Limited, India Branch (HSBC India) and the Representative Offices of The Hongkong and Shanghai Banking Corporation Limited, Hong Kong located in New York and California is no longer operational.

As of this date, please note that all monetary instruments; including checks, remittance instructions and other service requests received at the Representative Offices Lockbox address will be returned to you unprocessed.

Instructions pertaining to your NR accounts held with HSBC India can be sent to a new P.O. Box address that is now established. Details of the new P.O. Box along with applicable Terms and Conditions are now available at the HSBC India Website (Click here for details). Please read the terms and conditions carefully prior to usage of the new P.O. Box facility.

If you hold an account with HSBC Bank USA, N.A., you can continue to transfer money to your NR account with HSBC India via International Transfers**. If you do not hold an account with HSBC Bank USA, N.A., International wire transfer services may be available from your financial services provider.

As always, the 24/7 Contact Center services of HSBC India shall continue to be available to you for your banking needs. To contact them please call 1-877-674-4722 or via e-mail at info@hsbc.co.in. or visit us on our website at www.hsbc.co.in.

Sincerely,

Sanjay Nair
Group Head - NRI Services

Issued by The Hongkong and Shanghai Banking Corporation Limited, India. Incorporated in Hong Kong SAR with limited liability.

NR accounts and NRI Services are offered by HSBC India.

*We understand that the date on which the licenses for the Representative Offices wll be surrendered is subject to regulatory approval.

**International Transfers made from USD accounts with HSBC Bank USA, N.A. are subject to HSBC Bank USA, N.A.’s outgoing funds transfer fee, which will be charged to the deposit account from which the transfer is made. This fee will be waived by HSBC Bank USA, N.A. for International Transfers made from your PLUS checking account with HSBC Bank USA, N.A. to your own Non Resident account with HSBC India.

NR accounts and NRI Services are offered by HSBC 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.

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