HSBC Launches Multi-Currency Wallet for Simplified International Payments - Seite 2
Each currency wallet works like a local account, enabling international payments to the United Kingdom, Canada, Hong Kong, Singapore, Australia, Malaysia and the 19 markets in the Eurozone made over domestic real-time payment networks. More information about HSBC Global Wallet, including a video illustrating the wallet’s payment functionality is available at www.business.us.hsbc.com/en/hsbc-global-wallet.
Research conducted by HSBC for its annual Navigator survey revealed that 87 percent of U.S. businesses see expansion into new markets as an immediate priority. The same percentage said digital tools and platforms were a priority, while 92 percent said they would be prioritizing cash flow and capital management.
HSBC is developing and deploying some of the industry’s most advanced and innovative technology. HSBC USA was the first market to launch the Global Money Account, in November 2020. This multi-currency account allows HSBC Wealth and Personal Banking customers to convert, hold and transfer multiple currencies from one account, allowing them to hold up to eight currencies at once and send money to more than 15 countries to other eligible HSBC accounts instantly and fee-free. In the coming months HSBC will be rolling out additional features.
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About HSBC
HSBC USA
HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through retail banking and wealth management, commercial banking, private banking, and global banking and markets segments. It operates bank branches in: California; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. In the United States, deposit products are offered by HSBC Bank USA, N.A., Member FDIC, investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc.
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HSBC Commercial Banking
For over 150 years we have been where the growth is, connecting customers to opportunities. Today, HSBC Commercial Banking serves over 1.3 million customers across 53 markets, ranging from small enterprises focused primarily on their home markets through to corporates operating across borders. Whether it is working capital, term loans, trade finance or payments and cash management solutions, we provide the tools and expertise that businesses need to thrive. As the cornerstone of the HSBC Group, we give businesses access to a geographic network covering more than 90% of global trade and capital flows.
HSBC Group
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,959bn at 31 March 2021, HSBC is one of the world’s largest banking and financial services organizations.
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