The Hongkong & Shanghai Banking Corporation Ltd (HSBC)
The Hongkong & Shanghai Banking Corporation Ltd (HSBC) operates in Sri Lanka. It provides a range of branded products. Services cover Personal, Premier, Commercial, and Global Wealth segments.
Personal and Premier Banking
HSBC offers Personal Banking products to clients. The HSBC Everyday Current Account uses CEFTS real-time fund transfer. It features two-factor authentication (2FA) with Digital Secure Key. The HSBC Premier Debit Card has an EMV chip and contactless tap-and-go for payments under LKR 25,000. This card body is 85% recycled-plastic. HSBC Rewards Credit Card provides a 5× reward-point multiplier on spending. It uses SMS-OTP for online purchase authentication. The HSBC Platinum Credit Card includes a global contactless EMV chip. It integrates 24/7 Visa Platinum Concierge API. HSBC Time Deposit offers automatic renewal. It allows overdraft against deposit at a preferential rate.
Premier Banking includes specific accounts and services. The HSBC Premier Current/Savings Account allows island-wide ATM withdrawals with no charges. It has a consolidated relationship balance tracking dashboard. HSBC Premier Time Deposits offer preferential tiered interest rates. They have flexible tenors from 1 month to 24 months. The HSBC Premier Junior Savings Account provides tiered interest. It includes parental online controls via Premier Internet Banking. The HSBC Premier Credit Card features Global View & Global Transfers. It also has an integrated Premier Rewards points engine. HSBC Premier Family Banking offers a multi-currency linked debit card. It uses Live Sign e-signature for remote applications.
Commercial Banking Solutions
HSBC provides various Commercial Banking products. HSBCnet offers SWIFT-integrated global payments. It also features an FX trading terminal and customizable Smart Data reporting dashboards. HSBC Commercial Cards Programme enables centralized card issuing. It offers online spending controls and detailed spend analytics. The HSBC Trade Transaction Tracker delivers real-time trade-finance event notifications. It supports document image upload and e-sign capture. HSBC Guarantees & Standby Letters of Credit offer e-Guarantee issuance. This includes digital watermarking and SWIFT MT760/MT767 delivery. HSBC Export Finance provides pre- and post-shipment financing. It has automated risk-limit management via an online portal. HSBC Foreign Currency Banking Unit (FCBU) allows eight-currency deposit funding. It integrates offshore LKR-backed remittances. HSBC Business Overdraft features flexible limit reviews. It also provides API-based drawdown notifications.
Global Wealth Management
Global Wealth & Investments services are available. HSBC Wealth Insights newsletter distributes ISO 20022-compliant research. It offers archived access via a secure RM portal. Global Premier Investments provides direct access to a Singapore-flagged securities trading platform. It also includes the HSBC-proprietary Dual Currency Plus structured note engine.