HSBC USD Account Overview

You can benefit from a great interest rate and no need to have a minimum balance. Keep reading to find out more!

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Hsbc USD Account

HSBC USD, a high-rate savings account, is a safe and convenient way to save and manage your dollars. You can buy and save US Dollars and exchange them when favorable.

HSBC offers very competitive interest rates where you earn interest on every dollar up to $ 1 million. Read on to learn how else you can benefit from opening an HSBC account.

How to Create a USD Account With HSBC USD

You can start by registrating and opening the account, which will take only a few minutes.

Step 1. If you are not an existing HSBC client, you must call 1-888-310-4722.
Step 2. If you are an existing HSBC client, <a href='https://www.security.online-banking.hsbc.ca/gsa/SECURITY_LOGON_PAGE/'>Log on</a>
Step 3. Some of the details that will be required are:
Step 4. Your current email address and phone number.
Step 5. Your employment details, including company name and address.
Step 6. Your annual income details.
Step 7. Your primary residency and where you have lived for the last three years.
Step 8. Your Social Insurance number and Tax residency information.

Key features


When you open any HSBC USD account, be ready to enjoy the following key features:

  • ⬤ No monthly administration fees
  • ⬤ Live exchange rates are updated every second during market hours.
  • ⬤ No extra exchange rate charges when making USD transactions.

    • Monthly Fees & Interest Rate & Minimum Balance


    Monthly fees:

    No monthly fees.

    Interest rate:

    Interest rates are calculated on a daily closing balance and paid monthly at a rate of 0.25% but on a per annum basis.

    Minimum Balance:

    No minimum balance.

    Offers


    HSBC USD account allows you to save USD and make transactions from your account. You can keep the dollars in your account until the exchange rates are favorable.

    The account offers several other key benefits, such as

  • ⬤ Mobile banking app that allows you to keep watch over your savings account.
  • ⬤ No monthly fees mean keeping more money from your interest earned.
  • ⬤ You start earning interest on your first dollar deposit.
  • ⬤ You can manage your account using a web platform.
  • ⬤ Free transfers between your HSBC accounts.

    • Currency Exchange Using USD Account

    01
    Create your free account

    If you don’t have a RemitBee account, you’ll need to create one (https://www.remitbee.com/signup)

    Step 1 image
    02
    Go to the menu

    After signing up, go to the menu and select exchange currency. Enter the details of your currency exchange. You can move to the next step if no further verification is required.

    Step 2 image
    03
    Connect your accounts

    You can now link your CAD and HSBC USD accounts.

    Step 3 image
    04
    Confirm your details

    Choose the amount and confirm your exchange rate. The transaction occurs between the two accounts via EFT.

    Step 4 image
    05
    You’re almost done!

    Convert your money.

    Step 5 image

    Other USD Accounts

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