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HSBC Fund Transfer

HSBC transfer money service can be availed by all customers of HSBC. This service helps customers instantly transfer money from their HSBC account to anyone in India. Using this online HSBC fund transfer service you can transfer money from your account using your mobile phone and money will be deposited in beneficiary’s account in real-time.


Major advantage of online HSBC fund transfer service is that you can transfer money online without writing a cheque. As money is credited in beneficiary’s bank account in real-time, you don’t have to submit the cheque to them. To use this online transfer money service please download our app and register your HSBC accounts. After that you will have to generate a secure banking PIN and then using this PIN you’ll be able to transfer funds to anyone in India directly from your HSBC accounts.


Another benefit of this service is that you can do instant money transfers without adding beneficiaries. All transactions performed via our app are 100% safe and secure. As soon as money transfer is done, you will receive an SMS from HSBC Bank and the beneficiary will get SMS from their bank.


Features of online HSBC money transfer service:
  1. Online, real-time money transfer from HSBC account
  2. Fund transfer without adding or registering beneficiaries
  3. Fund transfer between your own HSBC Bank accounts. You can use this feature if you have multiple accounts with the bank
  4. Transfer money between Self accounts with other banks - from your HSBC account you can transfer money to your account in other banks
  5. Transfer money service works 24x7, 365 days a year
  6. Even on all Saturdays and Sundays as well as bank & public holidays you can do fund transfer
  7. All banks in India supported for money transfers
  8. Transfer limit is Rs. 1,00,000 per day from your HSBC account. This is the maximum limit as set by your bank
  9. You can make up to 10 transfers per day from your account. This is the maximum limit as set by your bank
  10. Online fund transfer service is absolutely free and you don’t have to pay any fees
  11. Instant confirmation from HSBC on money transfers. You’ll also get an SMS from the bank
  12. Beneficiary bank will also send SMS to the beneficiary, confirming the fund transfer
  13. BHIM UPI is used for transferring funds from your HSBC Bank account to beneficiary’s bank account in real-time

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How to transfer money from HSBC account online:

  1. Download Cointab app for Android or iPhone
  2. Install app using mobile number which is registered in your HSBC account
  3. Please choose HSBC for bank account registration
  4. All your HSBC accounts will be registered and activated for mobile banking
  5. Generate HSBC Bank banking PIN
  6. Select Transfer Money
  7. Enter beneficiary’s name
  8. Enter beneficiary’s bank account number & IFSC code
  9. Enter amount
  10. Enter your banking PIN (which you generated in the previous step)
  11. Money will be transferred from your HSBC account and credited in recipient’s bank account in real-time
  12. You’ll get an SMS from HSBC Bank about the transaction. Recipient will also receive an SMS from their bank

From your HSBC account, transferring money online to anyone’s account in India is a very simple and quick process and you can use the fund transfer service whenever required. Please keep in mind that the maximum transfer limit is Rs. 1,00,000 per day and 10 transactions per day.

Online Money Transfer Service Features


Real-time fund transfer from your bank account to anyone in India

Online fund transfer service from HSBC enables you to transfer money from your account to anyone in India. Recipient can have a bank account with any bank in India and yet money can be transferred in real-time.

Transfer money without adding beneficiary

Using HSBC transfer money facility you can do fund transfer without adding beneficiary. After downloading and registering for our app, you can immediately transfer funds to beneficiary by specifying their bank account number and IFSC code.

Transfer money to Self account

Online fund transfer facility also allows you to transfer funds between Self accounts. If you have multiple accounts with HSBC Bank then you can do fund transfer between your accounts. In fact if you have accounts with other banks then also you can do a Self account transfer from your HSBC account.

Transfer money to BHIM UPI ID

Online money transfer service by HSBC also enables funds transfers to beneficiary’s BHIM UPI ID so that you don’t have to request for their bank account number & IFSC code and can instead do fund transfer directly on their BHIM UPI ID. Like other modes of transfer, BHIM UPI transfer via bank account works in real-time and money is credited in beneficiary’s bank account in real-time.

Transfer money to mobile number

Another big advantage of HSBC Bank fund transfer service is the ability to transfer money to a mobile number. This helps you easily transfer money to friends and family without requesting for their bank account number or BHIM UPI ID.

High transaction limit

As per the bank’s online money transfer policy, you can make upto 10 transfers on a daily basis, upto a total of Rs. 1,00,000.

No charges for online money transfer service

Online fund transfer service is offered by HSBC free of cost to its customers so that they can seamlessly transfer money as and when required. Like NEFT / RTGS / IMPS, there are no charges for transferring funds via BHIM UPI using our app.

24x7 service

Money transfer service works 24x7 so that you can transfer money to beneficiaries in real-time as and when required. This service also works at night, on weekends and on bank & public holidays so that you can transfer money from your HSBC Bank account easily.

Online Transfer Money service benefits


Time saving: By using online HSBC fund transfer service instead of visiting the branch or ATM or writing a cheque you can save a lot of time as you can transfer money to beneficiary in real-time online.

Easy access: Fund transfer facility can be used anytime anywhere as it is available online 24x7, 365 days a year.

Cost saving: Online money transfer service by HSBC is absolutely free for its customers and you don’t have to pay anything for using the service.

Security: All HSBC Bank mobile banking transactions are 100% secure due to linking of your account on your mobile number and your banking PIN

Multi Purpose: Online transfer service by HSBC Bank is a multiple purpose service wherein you can not only transfer money to beneficiary, but also recharge your mobile / DTH, pay electricity / gas / credit card bill, buy insurance, book fixed deposit, buy mutual fund, etc.

HSBC Online Money Transfer security

HSBC Online Money Transfer is fully secured in the following ways:

  1. HSBC UPI registration for your bank accounts can only be done on your mobile due to linking of your mobile number with your bank account
  2. For using BHIM services, you have to create a new UPI PIN using your debit card
  3. For performing any type of transaction you have to then use HSBC Bank UPI PIN. No transaction will go through without this secure UPI PIN
  4. For additional security, you can also set up app password so that no one can even open the app without knowing your app password
  5. For enhanced safety, you can also create a PIN or pattern lock for your phone so that no one can open your mobile

Timing of HSBC Online Transfer Money

  • You can use UPI services on all days, including Saturday and Sunday
  • BHIM can be used at night as well
  • As banking is very crucial, you can use HSBC UPI facility even on bank holidays and public holidays
  • You can use BHIM services throughout the year

Eligibility conditions for using Online Money Transfer Service

To use HSBC Online Fund Transfer service you have to meet the following requirements:

  • You should have a savings or current account with HSBC
  • Your mobile number should be registered with your bank
  • You should have Android or iPhone mobile phone
  • You should have an internet connection either via SIM card or WiFi

Limitations of Online Transfer Money Service

Following are the limitations of HSBC online money transfer service:

  • It will only work if your mobile number is registered in HSBC
  • It will not work without Android or iPhone mobile phone
  • It will not work without internet connection
  • You can only transfer upto Rs. 1,00,000 per day per bank account
  • You can transfer upto 10 times per day per bank account

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