HSBC Internet Banking enhancement: Sending Money Overseas

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HSBC now allow you to make payments abroad using their Internet Banking platform.

Payments will be sent electronically by SWIFT (the Society for Worldwide Interbank Financial Telecommunications), by telex or WorldPay if appropriate.

How much will it cost?

If your payment falls within the criteria for a Worldpay payment, the charge is £9. All other payments will be charged at £15. If you want the beneficiary to pay all charges, we will deduct the charge from the amount we send to the beneficiary bank.

From their website:

HSBC Priority Payment

• Fixed rate international money transfers
• Make payments to most countries in sterling or local currency
• Best for urgent payments
• No limit on funds you can send

WorldPay

• For payments of up to £2,000 in local currency.
• Best for non–urgent payments.
• Only available for payments to: Australia, Austria, Belgium, Canada, Cyprus, Denmark, Finland, France, Germany, Hong Kong SAR, Ireland, Italy, Netherlands, New Zealand, Poland, Portugal, South Africa, Spain, Sweden, Switzerland and the USA.

I'm not quite sure when this was introduced but it must have been very recently as I don't recall it before..

The HSBC Help pages on Sending Money Overseas are here

Regards
Sunil