SCHEDULE OF SERVICES AND TARIFFS
HSBC Global Private Banking, HSBC Premier, HSBC Advance
and Personal Banking
Last updated: 19 August 2024
LAST UPDATED: 19 AUGUST 2024
2
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description
HSBC Global Private Banking
HSBC Premier HSBC Advance Personal Banking
Personal Account
Account Opening fees
No Fees No Fees No Fees
Minimum Average Monthly Balance requirement for:
Each Current and Savings Account in Local currency
AED 3,000
Each E-saver Account in Local Currency
Nil
Each current and Savings Account in Foreign currency
USD 500/ GBP 500/ EUR 500/ CNY 5,000
Each Investment Funding Account in Local or Foreign Currency
Nil
Monthly Fee applied for not meeting the Minimum Average Monthly balance requirement:
Each Current and Savings Account in Local currency
AED 25 (26.25 inclusive of VAT)
Each E-saver Account in Local Currency
Nil
Each current and Savings Account in Foreign currency
USD /GBP/ EUR 5 (5.25 inclusive of VAT) | CNY 40 (CNY 42 inclusive of VAT)
Each Investment Funding Account in Local or Foreign Currency
Nil
Account Eligibility Criteria* (a) Maintain a minimum balance of USD
2,000,000 in deposits and/or investments with
us
(a) Monthly net salary transfer of AED
40,000 for the first 12 months after
which point (b) applies or (b) maintain
a minimum monthly average balance
of AED 500,000 in deposits and/or
investments, or (c) have a Home Loan
drawdown of AED 3,000,000 or above
for the first 12 months after which
point (b) applies
(a) Transfer a minimum monthly salary of AED 10,000 or (b) maintain AED 100,000 in a
relationship balance
u
Maintain a minimum monthly average balance of AED 3,000 or more in your AED
account. or
u
Maintain a minimum monthly average balance of 500 (USD,GBP,EUR) or 5,000 CNY
in each of your accounts in these currencies. (except for HSBC E-saver account).
Service Fee
#
(Monthly Fee applied if Eligibility criteria is not met)
N/A AED 200 (AED 210 inclusive of VAT) per
month if eligibility criteria is not met****
AED 100 (AED 105 inclusive of VAT) per month if eligibility criteria is not met**** AED 25 (AED 26.25 inclusive of VAT) per month if eligibility criteria is not met ****
Relationship Fee N/A N/A N/A
Non-receipt of salary N/A N/A N/A
Utility Bill payment (Internet and ATM) No Fees No Fees No Fees
Account closure fee (if closed within 6 months of Account Opening)
For each Current, Savings, Flex and E-saver Account AED 100 (AED 105 inclusive of VAT) AED 100 (AED 105 inclusive of VAT) AED 100 (AED 105 inclusive of VAT)
Each Investment Funding Account No Fees No Fees No Fees
Standing Instruction set up (through the branch) AED 50 per instruction, (AED 52.5 inclusive of VAT)
No Fees through Internet or Phone Banking
AED 50 per instruction, (AED 52.5 inclusive of VAT)
No Fees through Internet or Phone Banking
AED 50 per instruction, (AED 52.5 inclusive of VAT)
No Fees through Internet or Phone Banking
Penalty for insufficient funds for standing orders AED 25 (AED 26.25 inclusive of VAT) AED 25 (AED 26.25 inclusive of VAT) AED 25 (AED 26.25 inclusive of VAT)
Account balance Letter
No Fees
AED 50 (AED 52.5 inclusive of VAT)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
No liability certificate
No Fees
AED 50 (AED 52.5 inclusive of VAT)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Release / Clearance letter
No Fees
AED 50 (AED 52.5 inclusive of VAT)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Liability letter issued to Government/Embassies
No Fees
AED 50 (AED 52.5 inclusive of VAT)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Liability letter issued to Financial Institutions
No Fees
AED 50 (AED 52.5 inclusive of VAT)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Dormant account charge
No Fees No Fees No Fees
Statement of Account (per agreed cycle)
No Fees No Fees No Fees
Statement of Account (outside the agreed cycle)
No Fees No Fees AED 25, (AED 26.25 inclusive of VAT)
Teller services
No Fees No Fees
Six transactions monthly without any fee.
For every additional transaction you will be charged AED10 (AED 10.5
inclusive of VAT).
Bulk cash deposit and withdrawal at teller counter
No Fees No Fees No Fees
# Symbol indicates fees which are automatically recurring. All other fees will be
charged every single time it applies.
HSBC GLOBAL PRIVATE BANKING, HSBC PREMIER, HSBC ADVANCE AND PERSONAL BANKING
* If you are a Premier International customer, your eligibility criteria will be determined by the country in which you qualify as Premier. If you are a Premier customer because your spouse or parent is an HSBC Global Private Banking, or qualifying HSBC Premier customer, you are not required to meet the eligibility criteria for as long as your
spouse or parent continues to be a Global Private Banking or qualifying Premier customer. If they are no longer Global Private Banking / Premier, you will have to meet either of the Premier eligibility criteria or we will convert your account into a Personal Banking account or Advance account where applicable.
** Original salary transfer letter must be submitted to HSBC. The minimum salary amount must be credited to your account each month.
*** If you do not meet the HSBC Global Private Banking, Premier or Advance eligibility requirements then we reserve the right, at our discretion, to charge you a service fee up to the point we convert your account into a Personal Banking account. Terms and Conditions apply. For more details visit www.hsbc.ae
LAST UPDATED: 19 AUGUST 2024
3
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description
HSBC Global Private Banking
HSBC Premier HSBC Advance Personal Banking
Cheques
Term Deposit breakage fee - No Interest will be paid if you request to break the Term Deposit within the first 30 calendar days. You will only receive your Deposit Amount.
- If you request to break the Term Deposit after 30 calendar days, interest will only be credited up to the date of breakage and the following charges may be deducted from the interest amount. The charge will be calculated based on:
u
The historical booking
rate for the tenor that has been completed.
u
1% will be subtracted from the historical booking rate
u
If this results in the interest rate being
lower than 0, only Deposit Amount will be paid.
Issuing a Cheque Book No Fees No Fees No Fees
Cheques drawn on your account, which get returned,
rejected or bounced (per cheque)
AED 100 (AED 105 inclusive of VAT) AED 100 (AED 105 inclusive of VAT) AED 100 (AED 105 inclusive of VAT)
Cheque payable at centres where Central Bank clearing
facility is not available
No Fees No Fees No Fees
Cheques deposited in your own account which get
returned, rejected or bounced
No Fees No Fees No Fees
Cheques for collection within the UAE No Fees No Fees No Fees
Cheques for collection outside the UAE
1
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Stop Payment instruction on a cheque (per instrument/
cheque)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Counter cheques - cash withdrawal No Fees No Fees No Fees
Cheque photocopy No Fees No Fees Less than 1 year AED 10 (AED 10.50 inclusive of VAT), over 1 year AED
20 (AED 21 inclusive of VAT)
Debit Cards
Issuing Debit Card NIL NIL NIL
Re-issuance of Debit Card PIN NIL AED 25 (AED 26.25 inclusive of VAT) AED 25 (AED 26.25 inclusive of VAT)
Debit Card Annual Fee NIL NIL NIL
Supplementary Debit Card Annual Fee# NIL NIL NIL
Debit Card Replacement Fee NIL AED 25 (AED 26.25 inclusive of VAT) AED 25 (AED 26.25 inclusive of VAT)
Copy of Sales Slip (Debit Cards retail transaction) NIL AED 25 (AED 26.25 inclusive of VAT) AED 25 (AED 26.25 inclusive of VAT)
Foreign Currency Processing Fee
2
Applicable on foreign currency transactions
that are not in your account currency
3
2% (2.1% inclusive of VAT) of the transaction amount as converted into your account currency
3
Usage fee in UAE at HSBC ATMs
Cash withdrawal/deposit NIL NIL NIL
Balance enquiry NIL NIL NIL
Mini-Statement NIL NIL NIL
Transfer within HSBC UAE Accounts NIL NIL NIL
Utility Bill Payments NIL NIL NIL
HSBC Credit Card Payment NIL NIL NIL
1. For cheque(s) accepted for physical collection, processing time will be approximately 6 - 8 weeks and Drawee Bank charges may apply, which vary from USD 45 to USD 200. Courier charges may apply on USD cheques drawn on HSBC entities and affiliates for clearing through physical collection outside the UAE.
2. In addition, a standard processing fee (as determined by Visa/MasterCard) of up to 1.21% (inclusive of VAT) may also apply on:
a. any foreign currency transactions where the currency used is Non-AED (irrespective of account currency)
b. or international transactions where you opt to pay in your account currency (AED)
3. Foreign currency purchases and ATM cash withdrawals that are not in your account currency are converted into your account currency by the card scheme (Visa or MasterCard®) or HSBC using their applicable exchange rates on the day the conversion is made (which may involve a conversion to US Dollars).
If you opt to pay in your account currency (AED) and not the foreign currency applicable in the country, the merchant and their financial institutions’ applicable exchange rate shall apply.
HSBC GLOBAL PRIVATE BANKING, HSBC PREMIER, HSBC ADVANCE AND PERSONAL BANKING
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
4
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description
HSBC Global Private Banking
HSBC Premier HSBC Advance Personal Banking
ATM / Debit Cards (continued)
In UAE at UAE Switch ATMs
Cash withdrawal NIL NIL NIL - No Fees cash withdrawals per month if salary is transferred to
HSBC
1
. Other transactions are charged as per the rate.
AED 2 (AED 2.10 inclusive of VAT) for non-salary transfer customers.
Balance enquiry NIL NIL NIL - 1 No Fees balance inquiry per month if salary is transferred to
HSBC
1
. Other transactions are charged as per the rate.
AED 1 (AED 1.05 inclusive of VAT) for non-salary transfer customers.
(Rate per transaction)
In GCC at HSBC ATMs
Cash withdrawal NIL NIL AED 6 (AED 6.30 inclusive of VAT)
Balance enquiry
NIL NIL
AED 3 (AED 3.15 inclusive of VAT)
(Rate per transaction)
In GCC Countries at GCC NET ATMs
Cash withdrawal NIL NIL AED 6 (AED 6.30 inclusive of VAT)
Balance enquiry NIL NIL AED 3 (AED 3.15 inclusive of VAT)
(Rate per transaction)
Internationally at other HSBC ATMs
2
Foreign Currency Processing Fee
3
Applicable on foreign currency transactions that are not in
your account currency
4
2% (2.1% inclusive of VAT) of the transaction amount as converted into your account currency
4
Cash withdrawal NIL AED 10 (AED 10.50 inclusive of VAT) AED 10 (AED 10.50 inclusive of VAT)
Balance enquiry NIL NIL NIL
(Rate per transaction)
Internationally at Visa/Plus ATMs
Cash withdrawal AED 20 (AED 21 inclusive of VAT) AED 20 (AED 21 inclusive of VAT) AED 20 (AED 21 inclusive of VAT)
Balance enquiry NIL NIL NIL
(Rate per transaction)
Foreign Currency Processing Fee
3
Applicable on foreign currency transactions that are not in
your account currency
4
2% (2.1% inclusive of VAT) of the transaction amount as converted into your account currency
4
1) Eligible for a salary transfer between AED 5,000 and AED 10,000. A salary transfer letter from your employer must be provided and an application must be completed at any branch or customer service unit and approved by us to be able to enjoy these benefits. Effective 22
nd
July 2018.
2) Some HSBC ATMs are not on HSBC Group ATM network and as a result, fees presented under “Internationally at Visa/Plus ATMs” will apply. Please visit www.hsbc.ae/help/download-centre/ to see the HSBC Group ATMs member list.
3) In addition, a standard processing fee (as determined by Visa/MasterCard) of up to 1.21% (inclusive of VAT) may also apply on any foreign currency transactions where the currency used is Non-AED (irrespective of account currency).
4) Foreign currency purchases and ATM cash withdrawals that are not in your account currency are converted into your account currency by the card scheme (Visa or MasterCard®) or HSBC using their applicable exchange rates on the day the conversion is made (which may involve a conversion to US Dollars). If you opt to pay in your account
currency (AED) and not the foreign currency applicable in the country, the merchant and their financial institutions’ applicable exchange rate shall apply.
HSBC GLOBAL PRIVATE BANKING, HSBC PREMIER, HSBC ADVANCE AND PERSONAL BANKING
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
5
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description
HSBC Global Private Banking
HSBC Premier HSBC Advance Personal Banking
PHONE BANKING
Re-issuance of Phone Banking PIN No Fees No Fees No Fees
Ordering account statements
No Fees No Fees
No Fees
Funds transfer between HSBC UAE accounts No Fees No Fees No Fees
Statement by fax No Fees No Fees No Fees
Utility bill payments
(Etisalat, DEWA)
No Fees No Fees No Fees
PERSONAL INTERNET BANKING
Funds transfer between HSBC UAE accounts No Fees No Fees No Fees
E-statements No Fees No Fees No Fees
Utility bill payments
(Etisalat, DEWA)
No Fees No Fees No Fees
Set up of standing instructions No Fees No Fees No Fees
INWARD REMITTANCES (a, b, c, d, e)
In Foreign Currency
If credited to the beneficiary account in the currency of
transfer
No Fees AED 25 (AED 26.25 inclusive of VAT) (eqiuv) AED 25 (AED 26.25 inclusive of VAT) (eqiuv)
If credited to the beneficiary account in currency other
than the currency of transfer
No Fees
Notes:
a) The remitter bank may charge the remitter’s account for all or part of inward remittance fee, which we may claim from the remitting bank.
b) Beneficiary of the remittance may be required to pay a charge depending on the conditions set by the remitter or his/her bank.
c) Inward payments received by the customer may be subject to correspondent banking fees, which may be deducted from the proceeds of payments.
d) If the amount is to be credited in another currency to an HSBC account, the prevailing exchange rate will apply.
e) For any inward remittances received by HSBC UAE whereby the payment is returned back to the remitter as a result of an inaccurate or invalid payment order, a charge may be deducted by HSBC UAE from the original remittance amount. This charge will be dependent on each returned payment factors for example currency and the cost of
processing the returned payment.
HSBC GLOBAL PRIVATE BANKING, HSBC PREMIER, HSBC ADVANCE AND PERSONAL BANKING
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
6
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Notes
a) Above charges are HSBC UAE charges only.
b) Other charges including beneficiary bank(s) and their correspondent bank(s) charges may be deducted from the remittance amounts irrespective of the charge method selected.
c) The beneficiary of a remittance may be required to pay additional charges depending on the conditions set by the payment system, remitter, remitting bank, or beneficiary bank. For example, for outward payments when the ordering party selects to pay all charges, HSBC will process the transaction with the charge type ‘OUR’, however, it is
important to note that some local country clearing systems do not recognize this charge type including payments that are cleared through the Federal Reserve or Clearing House Interbank Payments System (CHIPS) in the USA. For this reason, correspondent banks in the USA may change the charge type from ‘OUR’ to ‘SHA’ or ‘BEN’ when routing
the payment to the final beneficiary bank.
Description
HSBC Global Private Banking
HSBC Premier HSBC Advance Personal Banking
Outward Remittances (a, b, c)
DOMESTIC MONEY TRANSFERS IN AED
Transfer within HSBC UAE
Online Banking / Branch /
Phone Banking
No Fees
Transfer outside HSBC within UAE
Online Banking / Branch /
Phone Banking
Additional bank charges, if applicable, for transfers outside HSBC UAE for charge type “OUR”
are paid towards beneficiary bank charges
Online Banking
Branch / Phone Banking No Fees AED 1 (AED 1.05 inclusive of VAT)
INTERNATIONAL MONEY TRANSFERS WITHIN HSBC
Transfer via ‘Global Transfers’ platform (For own accounts only) Online Banking No Fees
Transfer to HSBC Jersey & Channel Islands - For amounts above or equal to USD 2,000
Online Banking / Branch /
Phone Banking
No Fees
Additional bank charges for transfer to HSBC Jersey & Channel Islands, above or equal to USD
2,000 (Charges ‘OUR’)
Online Banking
No Fees
Branch / Phone Banking
Transfer to other accounts within HSBC
Online Banking No Fees
AED 40
(AED 42
inclusive of VAT)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Branch / Phone Banking No Fees
AED 70
(AED 73.5
inclusive of VAT)
AED 100 (AED 105 inclusive of VAT) AED 100 (AED 105 inclusive of VAT)
Correspondent bank charges for transfer to other accounts (Charges ‘OUR’)
Online Banking / Branch /
Phone Banking
No Fees AED 50 (AED 52.5 inclusive of VAT)
Transfer Charges to accounts in Egypt in Egyptian Pound (EGP), India in Indian Rupee (INR),
Pakistan in Pakistani Rupee (PKR) and Philippines in Philippine Peso (PHP).
Online Banking / Branch /
Phone Banking
No Fees
Correspondent Bank Charges - When charge Type ‘OUR’ is selected for transfers to accounts in
Egypt in Egyptian Pound (EGP), India in Indian Rupee (INR), Pakistan in Pakistani Rupee (PKR) and
The Philippines in Philippine Peso (PHP)
Online Banking / Branch /
Phone Banking
No Fees
INTERNATIONAL MONEY TRANSFERS OUTSIDE HSBC
Transfer Charges
Online Banking No Fees
AED 40
(AED 42
inclusive of VAT)
AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Branch / Phone Banking No Fees
AED 70
(AED 73.5
inclusive of VAT)
AED 100 (AED 105 inclusive of VAT) AED 100 (AED 105 inclusive of VAT)
Correspondent bank charges (Charges ‘OUR’)
Online Banking / Branch /
Phone Banking
No Fees AED 100 (AED 105 inclusive of VAT) (for all customers)
Transfer Charges to accounts in Egypt in Egyptian Pound (EGP), India in Indian Rupee (INR),
Pakistan in Pakistani Rupee (PKR) and Philippines in Philippine Peso (PHP).
Online Banking / Branch /
Phone Banking
No Fees
Correspondent Bank Charges - When charge Type ‘OUR’ is selected for transfers to accounts in
Egypt in Egyptian Pound (EGP), India in Indian Rupee (INR), Pakistan in Pakistani Rupee (PKR)
and The Philippines in Philippine Peso(PHP)
Online Banking / Branch /
Phone Banking
No Fees
Transfer to HSBC Turkey Online Banking No Fees Additional bank charges for transfer to HSBC Turkey (Charges ‘OUR’) No Fees
Other Charges
Recall of Money Transfer / Investigation of Status AED 100 (AED 105 inclusive of VAT)
HSBC GLOBAL PRIVATE BANKING, HSBC PREMIER, HSBC ADVANCE AND PERSONAL BANKING
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
7
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description
HSBC Global Private Banking / HSBC Premier
HSBC Advance Personal Banking
Cashier Order
Issuance AED 75 (AED 78.75 inclusive of VAT) AED 75 (AED 78.75 inclusive of VAT) AED 75 (AED 78.75 inclusive of VAT)
Cancellation (with original returned): AED 75 (AED 78.75 inclusive of VAT) AED 75 (AED 78.75 inclusive of VAT) AED 75 (AED 78.75 inclusive of VAT)
Stop payment AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT) AED 50 (AED 52.5 inclusive of VAT)
Other Benefits
Overdrafts
Overdraft Annual Renewal Fee No Fees No Fees No Fees
Interest Free portion of the Overdraft limit First AED 5,000 First AED 2,000 First AED 500
Pre-Authorised Overdraft Annual Percentage Rate 17% per annum (reducing balance) 19% per annum (reducing balance) 21% per annum (reducing balance)
Un-Authorised / Exceptional / Overlimit Annual Percentage
Rate (AED balances)
22% per annum (reducing balance) 22% per annum (reducing balance) 22% per annum (reducing balance)
Un-Authorised / Exceptional / Overlimit Annual Percentage
Rate (non-AED balances)
20% per annum (reducing balance) 20% per annum (reducing balance) 20% per annum (reducing balance)
Other charges
International Account Opening No Fees No Fees No Fees
Branch Dedicated Teller No Fees for over the counter transactions N/A N/A
Deposit or withdrawal in currency notes other than AED
1% (1.05% inclusive of VAT) with a minimum of AED 25 (AED 26.25
inclusive of VAT)
1% (1.05% inclusive of VAT) with a minimum of AED 25 (AED 26.25
inclusive of VAT)
1% (1.05% inclusive of VAT) with a minimum of AED 25 (AED 26.25
inclusive of VAT)
Foreign currency Sale and Purchase fee 1% (1.05% inclusive of VAT)of the value of the transaction amount 1% (1.05% inclusive of VAT)of the value of the transaction amount 1% (1.05% inclusive of VAT)of the value of the transaction amount
Emergency Encashment No Fees for Emergency Encashment service No Fees for Emergency Encashment service US$ 20 (US$ 21 inclusive of VAT)
Notes
1) Electronic = Transactions originating from internet banking and electronic standing instructions
2) Manual = Transactions originating through Branches and telephone Banking
HSBC GLOBAL PRIVATE BANKING, HSBC PREMIER, HSBC ADVANCE AND PERSONAL BANKING
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
8
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description Fee
Annual Percentage Rate (APR) (New Loans & Top up)
1
7.24% - 16.24%
Arrangement Fee (New Loans) 1% (1.05% inclusive of VAT) of loan amount with a minimum of AED 500 (AED 525 inclusive of VAT) and maximum AED 2,500 (AED 2,625 inclusive of VAT)
Arrangement Fee (Top-up) 1% (1.05% inclusive of VAT) of top-up amount with a minimum of AED 500 (AED 525 inclusive of VAT) and maximum AED 2,500 (AED 2,625 inclusive of VAT)
Late Payment Charge 2% (2.10% inclusive of VAT) of the delayed amount with a minimum of AED 50 (AED 52.5 inclusive of VAT) and maximum AED 140 (AED 147 inclusive of VAT)
Early settlement of loan (other sources / End Of Service Benefit) 1% (1.05% inclusive of VAT) of outstanding loan amount with a maximum of AED 10,000 (AED 10,500 inclusive of VAT), whichever is lower
2
Early settlement from other bank loans 1% (1.05% inclusive of VAT) of outstanding loan amount with a maximum of AED 10,000 (AED 10,500 inclusive of VAT), whichever is lower
2
Partial payment of loan 1% (1.05% inclusive of VAT) of partial payment amount or max fee of AED 10,000 (AED 10,500 inclusive of VAT), whichever is lower
2
Loan Cancellation Fee AED 100 (AED 105 inclusive of VAT)
Liability Letter AED 50 (AED 52.5 inclusive of VAT)
No Liability Letter AED 50 (AED 52.5 inclusive of VAT)
Loan rescheduling fee AED 250 (AED 262.5 inclusive of VAT)
Payment Holiday Administration Fee AED 100 (AED 105 inclusive of VAT) for each Payment Holiday
PERSONAL LOANS
1 Personal Loans: Annual Percentage Rate quoted is based on reducing rate which is fixed throughout the loan tenor, and is inclusive of 1% arrangement fee amortized over the maximum loan tenor of 48 months. Interest is calculated on the basis of a 365 day calendar year and accrues daily. We apply the interest rate to your Loan balance as it
reduces each month (i.e. as you pay each scheduled instalment).
2 Early Settlement of Loan Fee is not applicable to employees of the UAE Armed Forces or Ministry of Defence employees.
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
Description Fee
Early Settlement for car loan 1% (1.05% inclusive of VAT) of remaining balance
Advance payment of instalment 1% (1.05% inclusive of VAT) of the advanced payment
Change of due date on standing instructions AED 25 (AED 26.25 inclusive of VAT)
Liability Letter AED 50 (AED 52.5 inclusive of VAT)
Late payment charge 2% (2.10% inclusive of VAT) of the delayed amount with a minimum of AED 50 (AED 52.5 inclusive of VAT) and maximum AED 145 (AED 152.25 inclusive of VAT)
Courier charges (optional) AED 30 (AED 31.5 inclusive of VAT)
VEHICLE LOANS
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
9
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description - 3 MONTH EIBOR BASED RATE/EXISTING VARIABLE RATE HOME LOAN CUSTOMERS
The 3 month EIBOR based rate is comprised of the 3 month EIBOR which is updated on a quarterly basis and a fixed margin that remains fixed for the life of the loan (which can be found in your home loan agreement). Please use this Schedule of Services and Taris to monitor EIBOR on
a quarterly basis.
Applicable Interest Rates for new home loan customers: Annual Percentage Rate (APR) starting from 6.05% (exclusive of any additional amount related to your insurance cover)
3-Month EIBOR Based Rate (Emirates Interbank Oered Rate)
3 Months EIBOR at 1 July 2024: 5.05541%
Applicable Interest Rates for Existing Variable Rate Home Loan Customers
Please contact us on 800-HOUSE if you would like to know further details on your Variable Rate Home Loan
Home Loan Arrangement Fees
Balance Transfer
Personal Banking and Advance Customers
AED 2,500 (AED 2,625 inclusive of VAT)
Arrangement fee for the transfer of the Home Loan.
HSBC Global Private Banking and Premier Customers
AED 2,500 (AED 2,625 inclusive of VAT)
New Home Purchase and Equity Release Loan
Personal Banking & Advance Customers
1% (1.05% inclusive of VAT)of loan amount, Min. AED 5,000 (AED 5,250
inclusive of VAT)
Standalone Arrangement fees payable on the amount of the approved loan to cover our cost
of preparation of your documentation and processing of your loan and any other expenses
that could arise. To be paid at the time of approval.
HSBC Global Private Banking and Premier Customers
0.5% (0.525% inclusive of VAT) of loan amount, Min. AED 5,000 (AED 5,250
inclusive of VAT)
HOME LOANS
Note:
Life Insurance and Property Insurance, are mandatory for Home Loan and must be assigned to the Bank and shall be renewed annually for the term of the Loan by the borrower.
Subject to internal policies and any applicable mortgage regulations
* EIBOR Rate as of 1 July 2024 which shall be effective from 1 July 2024.
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
10
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description - 3 MONTH EIBOR BASED RATE/EXISTING VARIABLE RATE HOME LOAN CUSTOMERS
Home Loan Closure Fees
Early Settlement Charge for home loans
From own funds/sale of property - 1 % (1.05% inclusive of VAT) on the outstanding
loan amount or AED 10,000 (AED 10,500 inclusive of VAT), whichever is less*
When you repay the loan in full within the first 3 years of the Repayment Period, you need to pay an Early Settlement Charge
Transfer of home loan to another lender - 1 % (1.05% inclusive of VAT) on the
outstanding loan amount or AED 10,000 (AED 10,500 inclusive of VAT), whichever is
less*
When you repay the loan in full within the first 7 years of the Repayment Period, you need to pay an Early Settlement Charge
Other Fees
Overpayment Fee:
No fee
If the total value of overpayment amounts in a calendar year does not exceed 25% of the total outstanding loan amount (calculated at the time of the first
overpayment in that calendar year). No re-draws are available. Subject to a minimum overpayment amount of AED 25,000 on top of your usual monthly
instalment. Payments must be made on the monthly instalment date
1 % (1.05% inclusive of VAT) on the loan amount being overpaid* or AED 10,000 (AED
10,500 inclusive of VAT), whichever is less*
If the total value of overpayment amounts in a calendar year exceeds 25% of the total outstanding loan amount (calculated at the time of the first overpayment
in that calendar year). The fee will be levied only on the overpaid amount which exceeds the 25%. No re-draws are available. Subject to a minimum overpayment
amount of AED 25,000 on top of your usual monthly instalment. Payments must be made on your monthly instalment date.
Note: No overpayment fee will be charged after 7 years from the loan draw down date
Non-standard statement production/copy of original
documentation
AED 100 (AED 105 inclusive of VAT) Charge per document
Home Loan liability letter AED 50 (AED 52.5 inclusive of VAT) Charge per letter
Late payment fee Nil
Default interest rate Prevailing interest rate as set-out in your home loan agreement We will continue to charge interest on all overdue payments at the prevailing rate set-out in your home loan agreement until the date of repayment
Change of parties on Home Loan oer letter AED 500 (AED 525 inclusive of VAT) Charged on re-issuance of oer due to change of names post drawdown
Loan rescheduling fee AED 1,000 (AED 1,050 inclusive of VAT) Charged when the term of the loan is rescheduled (i.e. where there is an increase/decrease in the term)
Property swaps administration fee AED 1320 (AED 1386 inclusive of VAT) To be paid when the property financed is being swapped to a dierent property oered by a Developer, inclusive of valuation fee
Issuance of No Objection Certificate (NOC) AED 150 (AED 157.5 inclusive of VAT)
Clearance letter AED 95 (AED 99.75 inclusive of VAT) Charged in case of re-issuance only (one time No Fees when loan is fully repaid).
Other certificate AED 75 (AED 78.75 inclusive of VAT)
Property Valuation Fees
Buyout Home Loans AED 2,625
Fee to be paid in the event a standard valuation is required. Please note that a valuation will need to be completed at the application stage for all
completed properties and is non-refundable in the event the application does not progress. The valuation will be carried out by an independent
valuation company on HSBC’s panel. In the event of a property swap a valuation of the new property will also be required. These fees are a direct
cost from the valuation company which we collect from you and pass on to the relevant valuation company.
New Purchase Home Loans AED 2,625
* Applicable for existing Home Loan customers from 8 October 2019.
Special Notes:
1) Your home will be at risk if you do not make payments on a home loan, or any other liabilities that may be secured against it.
2) EIBOR Rate as of 1 July 2024 which shall be effective from 1 July 2024.
3) Fees and charges on this Schedule of Services and Tariffs are subject to change. Prior notice will be given as per applicable laws and regulations. Please refer to the HSBC website (http://www.hsbc,ae) for the latest tariff sheet.
4) This tariff sheet does not include any charges / fees of third parties (e.g. Lands Department, Developer etc.) which must be borne by the customer on actual basis.
5) All Fees paid to the bank are non-refundable.
6) Loan to Value (LTV) will be applicable as per the Central Bank regulations and HSBC policy.
HOME LOANS (CONTINUED)
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
11
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description - FIXED INTEREST RATE HOME LOAN
The Fixed Interest Rate Home Loan product is comprised of a fixed interest rate period and a variable interest rate period. During the variable period, the interest rate is comprised of the 3 Month EIBOR which is updated on a quarterly basis and an HSBC Margin that remains fixed for the life of the loan
after the expiry of the fixed interest rate period. Details of the margin can be found in your home loan agreement.
Applicable Interest Rates for new home loan customers: Annual Percentage Rate (APR) starting from 4.25% (exclusive of any additional amount related to your insurance cover)
Home Loan Arrangement Fees
Balance Transfer
Personal Banking and Advance Customers
AED 2,500 (AED 2,625 inclusive of VAT)
Arrangement fee for the transfer of the Home Loan.
HSBC Global Private Banking and Premier Customers
AED 2,500 (AED 2,625 inclusive of VAT)
New Home Purchase and Equity Release Loan
Personal Banking & Advance Customers
1% (1.05% inclusive of VAT)of loan amount, Min. AED 5,000 (AED 5,250
inclusive of VAT)
Standalone Arrangement fees payable on the amount of the approved loan to cover our cost of preparation of your
documentation and processing of your loan and any other expenses that could arise. To be paid at the time of approval.
HSBC Global Private Banking and Premier Customers
0.5% (0.525% inclusive of VAT) of loan amount, Min. AED 5,000 (AED 5,250
inclusive of VAT)
Fixed Interest rate home loan closure and other fees
Home loan closure fees
Fixed Period Repayment Fee / Early Settlement Charge during the Variable Interest
Rate Period
1 % (1.05% inclusive of VAT) on the outstanding loan amount or AED 10,000
(AED 10,500 inclusive of VAT), whichever is less*
When you repay the loan in full within the first 7 years of the Repayment Period, you need to pay an Early Settlement Charge
HOME LOANS (CONTINUED)
Note:
Life Insurance and Property Insurance, are mandatory for Home Loan and must be assigned to the Bank and shall be renewed annually for the term of the Loan by the borrower.
Subject to internal policies and any applicable mortgage regulations
* Applicable for existing Home Loan customers from 1 April 2021.
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
12
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description - FIXED INTEREST RATE HOME LOAN
Other Fees
Overpayment Fee during Fixed Interest Rate and Variable Interest Rate Period
No fee
If the total value of overpayment amounts in a calendar year does not exceed 25% of the total outstanding loan amount
(calculated at the time of the rst overpayment in that calendar year). No re-draws are available. Subject to a minimum
overpayment amount of AED 25,000 on top of your usual monthly instalment. Payments must be made on the monthly
instalment date
1 % (1.05% inclusive of VAT) on the loan amount being overpaid* or AED
10,000 (AED 10,500 inclusive of VAT), whichever is less*
If the total value of overpayment amounts in a calendar year exceeds 25% of the total outstanding loan amount (calculated
at the time of the rst overpayment in that calendar year). The fee will be levied only on the overpaid amount which exceeds
the 25%. No redraws are available. Subject to a minimum overpayment amount of AED 25,000 on top of your usual monthly
instalment. Payments must be made on your monthly instalment date.
Note: No overpayment fee will be charged after 7 years from the loan draw down date
Non-standard statement production/copy of original documentation AED 100 (AED 105 inclusive of VAT) Charge per document
Home Loan liability letter AED 50 (AED 52.5 inclusive of VAT) Charge per letter
Late payment fee Nil
Default interest rate Prevailing interest rate as set-out in your home loan agreement We will continue to charge interest on all overdue payments at the prevailing rate set-out in your home loan agreement until the
date of repayment
Change of parties on Home Loan oer letter AED 500 (AED 525 inclusive of VAT) Charged on re-issuance of oer due to change of names post drawdown
Loan rescheduling fee AED 1,000 (AED 1,050 inclusive of VAT) Charged when the term of the loan is rescheduled (i.e. where there is an increase/decrease in the term)
Property swaps administration fee AED 1320 (AED 1386 inclusive of VAT) To be paid when the property financed is being swapped to a dierent property oered by a Developer, inclusive of valuation fee
Issuance of No Objection Certificate (NOC) AED 150 (AED 157.5 inclusive of VAT)
Clearance letter AED 95 (AED 99.75 inclusive of VAT) Charged in case of re-issuance only (one time No Fees when loan is fully repaid).
Other certificate AED 75 (AED 78.75 inclusive of VAT)
Property Valuation Fees
Buyout Home Loans AED 2,625
Fee to be paid in the event a standard valuation is required. Please note that a valuation will need to be completed at the
application stage for all completed properties and is non-refundable in the event the application does not progress. The
valuation will be carried out by an independent valuation company on HSBC’s panel. In the event of a property swap a
valuation of the new property will also be required. These fees are a direct cost from the valuation company which we collect
from you and pass on to the relevant valuation company.
New Purchase Home Loans AED 2,625
*Applicable for existing Home Loan customers from 8 October 2019.
HOME LOANS (CONTINUED)
Special Notes:
1) Your home will be at risk if you do not make payments on a home loan or any other liabilities that may be secured against it.
2) EIBOR Rate as of 1 July 2024 which shall be effective from 1 July 2024.
3) Fees and charges on this Schedule of Services and Tariffs are subject to change. Prior notice will be given as per applicable laws and regulations. Please refer to the HSBC website (http://www.hsbc,ae) for the latest tariff sheet.
4) This tariff sheet does not include any charges / fees of third parties (e.g. Lands Department, Developer etc.) which must be borne by the customer on actual basis.
5) All Fees paid to the bank are non-refundable.
6) Loan to Value (LTV) will be applicable as per the Central Bank regulations and HSBC policy.
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
13
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description
HSBC Black / Global Private
Banking Card Credit Card
HSBC Premier HSBC Cash+ HSBC Max Rewards HSBC Advance HSBC Cashback HSBC Platinum HSBC Platinum Select HSBC Gold HSBC Zero
Primary card annual fee
#
AED 1500 (AED 1,575 inclusive
of VAT) No Fees for
HSBC Global Private Banking
Credit Card
No Fees
AED 1,000 (AED 1,050
inclusive of VAT)
AED 600 (AED 630
inclusive of VAT)
No Fees
AED 299 (AED 313.95
inclusive of VAT)
AED 600 (AED 630
inclusive of VAT) No Fees
AED 400, (AED 420
inclusive of VAT) No Fees
Supplementary cards
(shared limit) annual fee
#
No Fees No Fees No fees No fees First 2 No Fees, Fee of AED 50 (AED 52.5 inclusive of VAT) thereafter No Fees
Supplementary cards
one time set-up fee for
separate limit, all other
fees and charges excluding
annual fees apply
No Fees No Fees No fees No fees AED 100 (AED 105 inclusive of VAT) / Supplementary Card
AED 75 (AED 78.75 inclusive of VAT)/
Supplementary Card
Annual Percentage Rate on
purchases
1
44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28%
Annual Percentage Rate on
cash withdrawals
1
44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28%
Cash advance / withdrawal
fee
2
3% (3.15% inclusive of VAT) of total amount or AED 100 (AED 105 inclusive of VAT) (which ever is higher) No Fees
Card replacement fee
No Fees
Late payment fee, per
instance
AED 230 (AED 241.5 inclusive of VAT), No Fee for HSBC Global Private Banking Credit Card
Over limit fee
3
No Fees No Fees AED 250 (AED 262.5 inclusive of VAT) No Fees
Retrieve copy of sales slip
No Fees No Fees AED 25 (AED 26.25 inclusive of VAT)
Returned cheque fee
AED 100 (AED 105 inclusive of VAT)
Charge for disputing a
transaction subsequently
found to be genuine
No Fees No Fees AED 100 (AED 105 inclusive of VAT)
Access to HSBC Current/
Savings Account through
VISA/Plus, Master/Cirrus
or UAE Switch ATMs per
transaction both within
and outside the UAE
N/A AED 20 (AED 21 inclusive of VAT) Per transaction
Access to HSBC Current/
Savings Account
through HSBC ATMs per
transaction
4
N/A No Fees Inside the UAE: No Fees Outside the UAE: AED 10 (AED 10.50 inclusive of VAT) per transaction
1) Will increase by 12% (6% for HSBC Black, Global Private Banking Credit Card and HSBC Premier MasterCard) for so long as the Cardholder is overdue on the payment. Original
Finance Charge rates will be re-instated when Cardholder is not overdue from the next statement date. In addition, a Collection Agency Fee will be charged to the Cardholder’s
Account when the Bank appoints an external Collection Agency to follow up on the outstanding payment.
2) Certain transactions will be charged as if they were Cash Advances, including purchases at exchange houses, any purchase of foreign currency or any other transactions
classified by Visa®, MasterCard® or HSBC as Quasi Cash. These transactions will be levied with cash interest rate and cash withdrawal fee. The “total amount” shall be the
amount of cash withdrawn plus any applicable Foreign Currency Processing Fee.
3) We will charge an over limit fee to the Primary Credit Card Account Holder (or the Supplementary Cardholder) if the credit limit is exceeded. This fee will continue to be charged
for each billing period until the Cardholder clears the balance in excess of the Cardholders credit limit at the beginning of the next cycle.
4) Some HSBC ATMs are not on HSBC Group ATM network and as a result, Visa / Plus charges will apply. Please visit www.hsbc.ae/help/download-centre/ to see the HSBC Group
ATMs member list..
5) In addition, a standard processing fee (as determined by Visa/MasterCard) of up to 1.21% (inclusive of VAT) may also apply on:
a. any foreign currency transactions where the currency used is Non-AED
b. or international transactions where you opt to pay in your billing currency (AED)
6) Foreign Currency Transactions that are not in your billing currency are converted into your billing currency by the card scheme (Visa or MasterCard®) or HSBC using their
applicable exchange rates on the day conversion is made (which may involve a conversion to US Dollars or Hong Kong Dollars first). If you opt to pay in your billing currency
(AED) and not the foreign currency applicable in the country, the merchant and their financial institutions’ applicable exchange rate shall apply
7) Please note that HSBC may receive commission from the insurance company for insurance purchased through the Bank. This commission is paid directly by the insurance
company. For details of the commission rates please refer to page 16 below. N.B. Credit Shield Plus is an off-sale insurance product and is only applicable for customers who
previously enrolled in the product and currently hold a HSBC Black Credit Card and have had the product transferred across.
CREDIT CARDS
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
14
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description
HSBC Black / Global Private
Banking Card Credit Card
HSBC Premier HSBC Cash+ HSBC Max Rewards HSBC Advance HSBC Cashback HSBC Platinum HSBC Platinum Select HSBC Gold HSBC Zero
Foreign Currency
Processing Fee
5
Applicable on foreign
currency transactions
that are not in your billing
currency
6
2% (2.1% Inclusive of VAT) of the transaction amount as converted into your billing currency
6
Credit Shield Plus
7
0.1465% (inclusive of VAT) of
Outstanding Balance
N/A
Credit Card paper
statement charges
No Fees
Urgent Card Delivery
service charges
AED 100 (AED 105 inclusive of VAT)
No liability certificate AED 50 (AED 52.5 inclusive of VAT)
Liability letter AED 50 (AED 52.5 inclusive of VAT)
Balance Transfer (BT) Reducing balance fixed Annual Percentage Rate - 0.00% to 29.88%. The interest rate offered will be dependent on your individual circumstances and the plan term. Early settlement fee - AED 0
Cash Instalment Plan (CIP) Reducing balance fixed Annual Percentage Rate - 0.00% to 29.88%. The interest rate offered will be dependent on your individual circumstances and the plan term.
Flexi Instalment Plan (FIP)
Reducing balance fixed Annual Percentage Rate - 0.00% to 29.88% The interest rate offered will be dependent on your individual circumstances and the plan term.
Flexi Instalment Plan fee - A Fee of 2.00% (2.10% inclusive of VAT) of the purchase amount will apply for instalment conversions of education related purchases. No fee to apply on other instalment conversions.
Early settlement fee - AED 0
Minimum payment due
Your minimum repayment shall be the total of:
(A) The total of any Flexible Instalment Plan, Cash Instalment and any other flexible instalment monthly payment plan, any amount in excess of your credit limit and any relevant insurance premium; and
(B) For each purchase, Cash Advance, Balance Transfer, Cash Instalment Plan or any other Credit Card Features you have taken out, the greater of:
i. the total plan balance or AED 100 (whichever is lower); or
ii. 5% of the balance of that category of transactions on your account; or
(C) the total monthly interest and fees charged including any annual membership fee ; and
(D) any unpaid minimum amounts from previous billing period.
CREDIT CARDS (CONTINUED)
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
15
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
Description Subscription Fees Redemption Fees Custody Fees Platform Fees
Mutual Funds*
Money Market 0% No Fees
Bonds
2% (2.1% inclusive of VAT) of the investment amount (lump sum)
#2% (2.1% inclusive of VAT) of each regular instalment (regular savings plan)
No Fees
Equities and Others
3% (3.15% inclusive of VAT) of the investment amount (lump sum)
#3% (3.15% inclusive of VAT) of each regular instalment (regular savings plan)
No Fees
* There are currently no charges for switching your mutual fund investments taken through us
Alternative Investments
HSBC Global RAIF Portfolios 1% (1.05% inclusive of VAT) of the investment amount. No fees
HSBC Global Hedge Fund 2% (2.10% inclusive of VAT) of the investment amount No fees
HSBC Savings Plan
Perpetual Savings Plan Charges a one-time initial fixed fee which is equal to the first monthly instalment plus VAT’ No Fees
Fixed Income
Bonds and Sukuk 2% (2.1% inclusive of VAT) of the notional amount No Fees
US Treasury Bills 0.25% (0.26% inclusive of VAT) of the notional amount No Fees
Structured Products
The subscription fees applicable will vary depending on the relevant Structured Product subject to investment.
The applicable subscription fees will be mentioned in the Structured Product Key Facts Statement document and the Structured Product Application
Form.
No fees
Investment financing
The Investment financing Facility Interest Rate is comprised of an Interest Margin and the 3 Month EIBOR. We will review and update the 3 Month EIBOR Rate quarterly on every Rate Review Date. The Details of the Interest Rate and the Rate Review Date can be found in the Master
Investment financing Terms and Conditions.
3 Months EIBOR at 1 July 2024 5.05541% per annum
Interest Margin 1% per annum
Margin Finance
Effective 8 December, 2022, Margin Finance Facility is available on variable Interest Rate, comprised of an Interest Margin and the Reference Rate. We will review and update the Reference Rate periodically on every Rate Review Date. The details of the Interest Rate and the Rate Review
Date can be found in the Margin Finance Master Terms and Conditions.
“Reference Rate” means: Rate %
in respect of a Loan for which the Loan Currency is US dollars, 3 Month Term SOFR at 1 July 2024: 5.33156% per annum
in respect of a Loan for which the Loan Currency is Sterling, 3 Month Term SONIA at 1 July 2024: 5.1278% per annum
in respect of a Loan for which the Loan Currency is Euro, 3 Month EURIBOR at 1 July 2024: 3.695% per annum
Interest Margin 1% per annum
INVESTMENT FEES & CHARGES
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
16
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
INSURANCE
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
General Insurance
For distributing the GIG Motor insurance HSBC will receive a commission rate of up to 15% of the premium paid.
For distributing the GIG Home insurance HSBC will receive a commission rate of up to 25% of the premium paid.
For distributing the GIG Travel insurance HSBC will receive a commission rate of up to 25% of the premium paid.
For distributing the GIG Personal Accident insurance HSBC will receive a commission rate of up to 30% of the premium paid.
Group Life Insurance
For arranging cover under HSBC’s MetLife Credit Shield Plus (CSP) Policy HSBC will receive a commission rate of10% of Outstanding Credit Card Balance
Life Insurance
HSBC receives commission from the Zurich International Life Ltd (insurance provider) which is paid directly by Zurich and the below highlights the maximum commissions.
The actual commission paid will vary according to the policy term and the type of cover, for fuller details refer to the provider’s Summary of Fees and Charges document shared with you at the point of sale.
YourLife Up to 150% of your annualised premium
YourCare Up to 100% of your annualised premium
For Policies issued on or after 15 Oct 2020:
Global Choice Up to 12% of your annualised premium
International Term Assurance Up to 160% of your annualised premium
Critical Illness Protection Up to 160% of your annualised premium
International Decreasing Term Insurance Products Up to 160% of your annualised premium
Futura
Regular premiums Up to 109.6% of your annualised premium
Single premiums Up to 6% of your single premium
Wealth Accumulation Plan Up to 4.5% of your single premium
For Policies Issued before 15 Oct 2020:
International Term Assurance Up to 174% of your annualised Premium
International Decreasing Term Assurance Up to 174% of your annualised premium
Futura
Regular premiums Up to 130.5% of your annualised premium
Single premiums Up to 14% of your single premium
Wealth Accumulation Plan Up to 4.5% of your single premium
LAST UPDATED: 19 AUGUST 2024
17
SCHEDULE OF SERVICES AND TARIFFS
Terms and Conditions apply. For more details visit www.hsbc.ae
ONLINE TRADING PLATFORM
Orders Submitted through Online Trading Platform
Description Fees
Fee Type HSBC Global Private Banking Premier Advance Personal Banking
Buy Transaction Fees 0.3% (0.315% inclusive of VAT) of transaction value or USD 35 (USD36.75 inclusive of VAT) or equivalent in Security
Currency, whichever is higher.
0.5% (0.525% inclusive of VAT) of transaction value or USD50 (USD52.5 inclusive of VAT) or equivalent
in Security Currency, whichever is higher.
Sell Transaction Fees Fixed Fee USD35 (USD36.75 inclusive of VAT) or equivalent in Security Currency. Fixed Fee USD50 (USD52.5 inclusive of VAT) or equivalent in Security Currency.
Orders Submitted through Relationship Manager
Fee Type Eligible Customers Only
Buy Transaction Fees 1% (1.05% inclusive of VAT) of transaction value or USD100 (USD105 inclusive of VAT) or equivalent in Security Currency, whichever is higher.
Sell Transaction Fees Fixed Fee USD100 (USD105 inclusive of VAT) or equivalent in Security Currency.
In addition to the above, the customer will be charged the following brokerage fees payable to the broker HSBC Bank PLC (UK) if the customer order is relating to an Equity Security.
Exchange Market Brokerage Fees per Trade Minimum Brokerage Fee per Trade
US $0.0025CPS ($0.0026 CPS inclusive of VAT) USD5 (USD5.25 inclusive of VAT)
UK 0.01% (0.0105% inclusive of VAT) of transaction value GBP4 (GBP4.2 inclusive of VAT)
HK 0.05% (0.0525% inclusive of VAT) of transaction value
In addition to the above, customer will be charged each the following Buy and Sell Transaction Fees depending on the Exchange Market if the customer order is relating to an Equity Security.
Exchange Market Fees Buy Transaction Fees Sell Transactions Fees
United States – Security and Exchange Commission No Fees 0.00278% (0.002919% including VAT)
United Kingdom – Stamp Duty 0.5% (0.525% inclusive of VAT) of transaction value. Stamp Duty doesn’t apply on Exchange Traded Funds. No Fees
United Kingdom – Panel of Takeover and Mergers GBP 1 (GBP1.05 inclusive of VAT) per trade if transaction is > GBP10,000
Or EUR1.5 (EUR1.575 inclusive of VAT) per trade if transaction is > EUR15,000
GBP 1 (GBP1.05 inclusive of VAT) per trade if transaction is > GBP10,000
Or EUR1.5 (EUR1.575 inclusive of VAT) per trade if transaction is > EUR15,000
Hong Kong Market – Trading Fee 0.005% (0.00525% inclusive of VAT) of transaction value 0.005% (0.00525% inclusive of VAT) of transaction value
Hong Kong Market – Transaction Levy 0.0027% (0.002835% inclusive of VAT) of transaction value 0.0027% (0.002835% inclusive of VAT) of transaction value
Hong Kong Market – Stamp Duty 0.13% (0.1365% inclusive of VAT) of transaction value 0.13% (0.1365% inclusive of VAT) of transaction value
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
LAST UPDATED: 19 AUGUST 2024
18 Terms and Conditions apply. For more details visit www.hsbc.ae
SCHEDULE OF SERVICES AND TARIFFS - AMANAH
Amanah Personal Finance
Fee
Liability Letter AED 50 (AED 52.5 inclusive of VAT)
Release Letter AED 50 (AED 52.5 inclusive of VAT)
No Liability Certificate AED 50 (AED 52.5 inclusive of VAT)
Finance Rescheduling Fee AED 250 (AED 262.5 inclusive of VAT)
Partial payment of Amanah Personal Finance before maturity date
1% (1.05% inclusive of VAT) of partial payment amount or max fee of - AED 10,000 (AED 10,500 inclusive of VAT)
Early settlement of Amanah Personal Finance
1% (1.05% inclusive of VAT) of partial payment amount or max fee of - AED 10,000 (AED 10,500 inclusive of VAT)
Late Payment Fee
2% (2.10% inclusive of VAT)of the delayed amount minimum of AED 50 (AED 52.5 inclusive of VAT) and maximum AED 200 (AED 210 inclusive
of VAT)
Amanah Home Finance
6 Months EIBOR at 1 July 2024: 5.2074%
Anticipated Buildings Insurance / takaful cost
0.05%
(approx.)
Charged on the re-build value of the property, as specified in the valuation report. This will be taken as an annual payment as Supplemental
Rental / Amount and is charged at actual/subject to change by Takaful/Insurance company
Life cover Takaful Life Takaful Cover is mandatory and must be assigned to the bank. Please ask your Home Finance Advisor for more details
Valuation Fee AED 2,625
Fee to be paid in the event a standard valuation is required. Please note that a valuation will need to be completed at the application stage for all
completed properties and is non-refundable in the event the application does not progress. The valuation will be carried out by an independent
valuation company on HSBC’s panel. In the event of a property swap a valuation of the new property will also be required. These fees are a
direct cost from the valuation company which we collect from you and pass on to the relevant valuation company.
Late Payment Fee
2% (2.10% inclusive of VAT) of the outstanding overdue balance
or minimum AED 50 (AED 52.5 inclusive of VAT) and maximum
AED 140 (AED 147 inclusive of VAT)
Payable when the monthly rental is not paid within 15 days from due date. Any such fees will be paid to charity net of cost of collections
Termination of the Ijarah lease AED 2,500 (AED 2,625 inclusive of VAT) At the time of the termination of lease agreement
Home Finance liability letter AED 50 (AED 52.5 inclusive of VAT) Charge per letter
Non-Standard Statement production AED 100 (AED 105 inclusive of VAT)
HSBC UAE NO LONGER OFFERS NEW AMANAH PRODUCTS SINCE OCTOBER
THE AMANAH TARIFF IS ONLY APPLICABLE TO ANY EXISTING AMANAH CUSTOMERS
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
1) Your home will be at risk if you do not make payments on a Home Finance, or any other finance that may be secured against it.
2) EIBOR Rate as of 1 July 2024 which shall be eective from 1 July 2024.
3) All fees are subject to change and will be applied to all customers from the date of change.
4) Charges/fees pertaining to Lands Department or any other entity pertaining to registration/perfection of Home Finance are to be borne by the customer on actual basis and are not listed in this tari sheet
5) All fees paid to the bank are non refundable
6) The FTVs are based on the ‘Lower’ of either the sale / purchase price as per sale & purchase agreement (SPA) or a valuation by an approved valuer of HSBC MEFCO
7) Rentals will be calculated every month on an agreed date as per rent schedule supplied to the customer by the Home Finance Advisor at the application /oer stage. The exact amount of rentals could slightly vary from month-to-month depending on the
number of days in the month as applied to the formulae for variable rental calculation as per the Ijarah Agreement Schedule. All fees collected are non refundable.
LAST UPDATED: 19 AUGUST 2024
19 Terms and Conditions apply. For more details visit www.hsbc.ae
SCHEDULE OF SERVICES AND TARIFFS - AMANAH
Amanah Home Finance
Providing copies of documents AED 100 (AED 105 inclusive of VAT)
Assignment of Buildings Takaful / Insurance AED 500 (AED 525 inclusive of VAT) Payable if HSBC Buildings Insurance is not used
Change of Parties on the Oer AED 500 (AED 525 inclusive of VAT) Charged on re-issuance of oer due to change of names
Consolidation via property swaps oered by Developer AED 1320 (AED 1386 inclusive of VAT)
To be paid when the property financed is being swapped before the handover with a dierent property oered by Developer, inclusive of
valuation fee
Issuance of NOC for Consolidation of liabilities with the same Developer AED 150 (AED 157.5 inclusive of VAT) To be paid when the outstanding amount from various properties is being applied towards the financed property.
HSBC UAE NO LONGER OFFERS NEW AMANAH PRODUCTS SINCE OCTOBER
THE AMANAH TARIFF IS ONLY APPLICABLE TO ANY EXISTING AMANAH CUSTOMERS
# Symbol indicates fees which are automatically recurring. All other fees will be charged every single time it applies.
1) Your home will be at risk if you do not make payments on a Home Finance, or any other finance that may be secured against it.
2) EIBOR Rate as of 1 July 2024 which shall be eective from 1 July 2024.
3) All fees are subject to change and will be applied to all customers from the date of change.
4) Charges/fees pertaining to Lands Department or any other entity pertaining to registration/perfection of Home Finance are to be borne by the customer on actual basis and are not listed in this tari sheet
5) All fees paid to the bank are non refundable
6) The FTVs are based on the ‘Lower’ of either the sale / purchase price as per sale & purchase agreement (SPA) or a valuation by an approved valuer of HSBC MEFCO
7) Rentals will be calculated every month on an agreed date as per rent schedule supplied to the customer by the Home Finance Advisor at the application /oer stage. The exact amount of rentals could slightly vary from month-to-month depending on the
number of days in the month as applied to the formulae for variable rental calculation as per the Ijarah Agreement Schedule. All fees collected are non refundable.
Copyright. HSBC Bank Middle East Limited 2024 ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying,
recording, or otherwise, without the prior written permission of HSBC Bank Middle East Limited.
Issued by HSBC Bank Middle East Limited U.A.E Branch, PO Box 66, Dubai, U.A.E, regulated by the Central Bank of the U.A.E for the purposes of this promotion and lead regulated by the Dubai Financial Services Authority.
CRN: GC070324. Effective date: 19 August 2024.
20 Terms and Conditions apply. For more details visit www.hsbc.ae
HSBC Bank Middle East Limited
WorldTrader Fees and Charges applicable to investments transacted through the HSBC WorldTrader online trading platform
VAT refers to value added tax applicable in the UAE.
Description Transaction Fees
Administration Fees
Buy Transaction Fees Sell Transaction Fees
Mutual Funds with the following
underlying:
Money Market No Fees No Fees No Fees
Bonds 2% (2.1% inclusive of VAT) of the investment amount (lump sum) No Fees No Fees
Equities and Others 3% (3.15% inclusive of VAT) of the investment amount (lump sum) No Fees No Fees
Mutual Funds Switching If you are switching between mutual funds provided by the same fund house, you will not be charged a sell transaction fee or buy
transaction fee for the switch. If you sell your investment fund and purchase another fund with a dierent fund house, you will be charged
our transaction fees (plus applicable VAT) on both the sell order and the buy order. Please refer to the section above under the heading
“Mutual Funds with the following underlying” for details.
No Fees
Alternative Investments
HSBC Global RAIF Portfolios
1% (1.05% inclusive of VAT) of the investment amount No Fees No Fees
HSBC Global Hedge Fund 2% (2.10% inclusive of VAT) of the investment amount No Fees No Fees
Mutual Funds Regular Savings
Plan
A buy transaction fee will be charged with each regular instalment
and these fees will be automatically recurring until the plan is
cancelled. These recurring fees will be calculated as a percentage
of each regular instalment (plus applicable VAT) - Please refer to the
section above under the heading “Mutual Funds with the following
underlying” for details.
No Fees No Fees
HSBC Perpetual Savings Plan
We will charge you a one-time initial fixed fee which is equal to the
first monthly instalment plus applicable VAT
No Fees No Fees
In addition to the transaction fees described above in relation to investment funds, we will also receive from the fund house a percentage of the Annual Management Charge (AMC) of the
investment funds you hold in your Investment Account.
21 Terms and Conditions apply. For more details visit www.hsbc.ae
Description Transaction Fees Administration Fees*
Buy Transaction Fees Sell Transaction Fees
Fixed Income Products
Bonds and Sukuks 1.5% (1.575% inclusive of VAT) of the
notional amount
0.5% (0.525% inclusive of VAT) of the
notional amount
0.1% Per Annum of each of your investment holdings (0.105% per
annum inclusive of VAT)
US Treasury Bills 0.25% (0.2625% inclusive of VAT) of
the notional amount. Minimum Fee per
Transactions is USD10 (10.5 inclusive of
VAT)
0.05% (0.0525% inclusive of VAT) of the
notional amount.
Minimum Fee per transaction is USD10
(10.5 inclusive of VAT)
0.1% Per Annum of each of your investment holdings(0.105% per
annum inclusive of VAT)
Description Transaction Fees Administration Fees*
Buy Transaction Fees Sell Transaction Fees
Exchange Traded Products
Equities or Shares, Exchange
Traded Funds and Equity Linked
Securities
Market Specific tiered Transaction Fees that reduce depending on
number and value of the trades.
This fee is subject to 5% VAT.
Please see below tables for details on the Market Specific tiered
Transaction Fees
Market Specific tiered Transaction Fees that reduce depending on
number and value of the trades.
This fee is subject to 5% VAT.
Please see below tables for details on the Market Specific tiered
Transaction Fees
0.1% Per Annum of each of
your investment holdings
(0.105% per annum inclusive
of VAT)
Exchange Traded Products
Regular Savings Plan
A Buy Transaction Fee will be charged with each regular instalment.
This fee is subject to 5% VAT. These fees will be automatically
recurring until the plan is cancelled. These recurring fees will be
calculated as a percentage of each regular instalment (plus applicable
VAT) - Please refer to the section above under the heading “Equities
or Shares, Exchange Traded Funds and Equity Linked Securities – Buy
Transaction Fees” for details.
Market Specific tiered Transaction Fees that reduce depending on
number and value of the trades.
This fee is subject to 5% VAT.
Please see below tables for details on the Market Specific tiered
Transaction Fees
0.1% Per Annum of each of
your investment holdings
(0.105% per annum inclusive
of VAT)
If you submit a limit order to buy or sell a fixed income product or exchange traded product and your limit order is executed as more than one trades over multiple trading days, you will be charged
separate transaction fees on each individual trade, calculated based on the executed quantity or trade value of each trade.
If your order is to buy or sell an investment product in a currency other than USD, GBP, EUR, HKD or AED we will debit or credit your USD Investment Funding Account with the applicable amounts
converted from USD to the currency of the investment product or vice versa. Interactive Brokers (UK) Limited will apply the applicable FX rates to such conversions.
* An administration fee will be charged to you based on each fixed income product or equity security (an “investment holding”) held in your Investment Account with Interactive Brokers (UK) Limited.
We will calculate this administration fee for so long as you continue to hold one or more investment holdings in your Interactive Brokers (UK) Limited Investment Account. The payment currency of this
administration fee applicable to each investment holding must be the currency of such product.
The administration fee accrues on a daily basis and the daily accrued fee (exclusive of VAT) applicable to each investment holding is calculated as:
0.1% of the total value of your investment holding(s) held in the same currency as recorded by Interactive Brokers (UK) Limited on each day divided by 365.
We provide an illustrative example below on how the administration fee is calculated, assuming there are investment holdings in dierent currencies in an Investment Account.
WorldTrader Fees and Charges applicable to investments transacted through the HSBC WorldTrader online trading platform
22 Terms and Conditions apply. For more details visit www.hsbc.ae
Illustrative Example
Investment Holding Value Holding Period Annual Administration Fee
Percentage
Accrued Daily
Administration Fee
Accrued Administration
Fee for the Holding Period –
Exclusive of Value Added Tax
Accrued Administration
Fee for the Holding Period –
Inclusive of Value Added Tax
Charge Account – Investment
Funding Account (CCY)
100,000 USD 30 days 0.1%
0.274 USD
8.22 USD 8.63 USD USD
20,000 GBP 10 days 0.1%
0.055 GBP
0.55 GBP 0.57 GBP GBP
5,000 EUR 5 days 0.1%
0.014 EUR
0.07 EUR 0.07 EUR EUR
100,000 HKD 3 days 0.1%
0.274 HKD
0.85 HKD 0.86 HKD HKD
0 AED 0 0.1%
0
0 0 AED
200,000 SGD 15 days 0.1%
0.548 SGD
8.22 SGD 8.63 SGD USD
The administration fee accrued in each calendar month (a “monthly accrued administration fee”) will be payable by you to us on the first day of the following month (a “payment due date”) and we
will debit such fee from your Investment Funding Account on the payment due date.
If there are insucient funds in your Investment Funding Account to cover any monthly accrued administration fee on its payment due date, we will debit that amount from your Investment Funding
Account on the payment due date falling in the subsequent month.
If any monthly accrued administration fee is payable in a currency other than USD, GBP, EUR, HKD or AED, we will debit such fee from your USD Investment Funding Account and we will apply our
prevailing foreign exchange rate at the time of the debit. You can view the foreign exchange rate applied by us in your composite bank statement.
Market Specific Tiered Transaction Fees
USA
Monthly Volume (shares) Fee per Share (USD) Minimum Fee per Order
Maximum Fee Per Order
<5,000
USD 0.1
USD 15 2%
5,001 – 10,000
USD 0.08
USD 10 2%
10,001- 20,000
USD 0.05
USD 10 2%
20,001 – 50,000
USD 0.03
USD 5 2%
50,001+
USD 0.01
USD 5 2%
Canada - Securities denominated in USD
Monthly Volume (shares) Fee per Share (USD) Minimum Fee per Order
Maximum Fee Per Order
<5,000
USD 0.1
USD 15
2%
5,001 – 10,000
USD 0.08
USD 10
2%
10,001- 20,000
USD 0.05
USD 10
2%
20,001 – 50,000
USD 0.03
USD 5
2%
50,001+
USD 0.01
USD 5
2%
WorldTrader Fees and Charges applicable to investments transacted through the HSBC WorldTrader online trading platform
23 Terms and Conditions apply. For more details visit www.hsbc.ae
Austria, Estonia, Latvia, Lithuania, Belgium, France, Germany, Italy, Netherlands, Portugal, Switzerland, United Kingdom, Sweden, Hungary
Securities Denominated in EUR
Monthly Trade Value (EUR)
Transaction Fees
Minimum Fee per Order
0 – 100,000 0.25%
EUR
15
100,001 – 500,000 0.15%
EUR
10
500,001 – 2,000,000 0.10%
EUR
10
2,000,001 -5,000,000 0.07%
EUR
5
5,000,0001 + 0.05%
EUR
5
United Kingdom Market - For securities denominated in GBP
Monthly Trade Value GBP Transaction Fees
Minimum Fee per Order
0 - 100,000 0.25% GBP 12
100,001 – 500,000 0.15% GBP 8
500,001 – 2,000,000 0.10% GBP 8
2,000,001 – 5,000,000 0.07% GBP 5
5,000,001 + 0.05% GBP 5
United Kingdom Market - Securities denominated in USD
Monthly Trade Value EUR Transaction Fees
Minimum Fee per Order
0 - 100,000 0.25% USD 15
100,001 – 500,000 0.15% USD 10
500,001 – 2,000,000 0.10% USD 10
2,000,001 – 5,000,000 0.07% USD 5
5,000,001 + 0.05% USD 5
We will use the Euro equivalent amount for the USD trade value to determine which tier you are on.
Switzerland –Securities denominated in GBP
Monthly Trade Value GBP Transaction Fees
Minimum Fee per Order
0 – 100,000 0.25% GBP 12
100,001 – 500,000 0.15% GBP 8
500,001 – 2,000,000 0.10% GBP 8
2,000,001 – 5,000,000 0.07% GBP 5
5,000,001 + 0.05% GBP 5
WorldTrader Fees and Charges applicable to investments transacted through the HSBC WorldTrader online trading platform
24 Terms and Conditions apply. For more details visit www.hsbc.ae
Switzerland –Securities denominated in USD
Monthly Trade Value EUR Transaction Fees
Minimum Fee per Order
0 – 100,000 0.25% USD 15
100,001 – 500,000 0.15% USD 10
500,001 – 2,000,000 0.10% USD 10
2,000,001 – 5,000,000 0.07% USD 5
5,000,001 + 0.05% USD 5
We will use the Euro equivalent amount for the USD trade value to determine which tier you are on.
Netherlands – Securities Denominated in USD
Monthly Trade Value (EUR) Transaction Fees
Minimum Fee per Order
0 -100,000 0.25% USD 15
100,001 – 500,000 0.15% USD 10
500,001 – 2,000,000 0.10% USD 10
2,000,001 – 5,000,000 0.07% USD 5
5,000,001 + 0.05% USD 5
We will use the Euro equivalent amount for the USD trade value to determine which tier you are on.
Spain - For Securities denominated in EUR
Spain
Transaction Fees
Transaction Fee 0.25%
Minimum fee per order
EUR 15
Hong Kong - For Securities denominated in HKD
Monthly Trade Value (HKD)
Transaction Fees
Minimum Fee per Order
0 -100,000 0.25% HKD 40
100,001 – 500,000 0.15% HKD 25
500,001 – 2,000,000 0.10% HKD 25
2,000,001 – 5,000,000 0.08% HKD 18
5,000,001 0.07% HKD 18
WorldTrader Fees and Charges applicable to investments transacted through the HSBC WorldTrader online trading platform
25 Terms and Conditions apply. For more details visit www.hsbc.ae
Hong Kong - For Securities denominated in USD
Monthly Trade Value (HKD)
Transaction Fees
Minimum Fee per Order
0 -100,000 0.25% USD 15
100,001 – 500,000 0.15% USD 10
500,001 – 2,000,000 0.10% USD 10
2,000,001 – 5,000,000 0.08% USD 5
5,000,001 0.07% USD 5
We will use the HKD equivalent amount for the USD trade value to determine which tier you are on.
Singapore – For Securities Denominated in USD
Monthly Trade Value (SGD) Transaction Fees
Minimum Fee per Order
0
– 100,000
0.25%
USD 15
100,001 – 500,000 0.15%
USD 10
500,001 – 2,000,000 0.12%
USD 10
2,000,001
– 5,000,000
0.10%
USD 5
5,000,001
+
0.08%
USD 5
We will use the SGD equivalent amount for the USD trade value to determine which tier you are on.
Singapore – For Securities Denominated in GBP
Monthly Trade Value (SGD) Transaction Fees
Minimum Fee per Order
0
– 100,000
0.25%
GBP 12
100,001 – 500,000 0.15%
GBP 8
500,001 – 2,000,000 0.12%
GBP 8
2,000,001
– 5,000,000
0.10%
GBP 5
5,000,001
+
0.08%
GBP 5
We will use the SGD equivalent amount for the GBP trade value to determine which tier you are on.
WorldTrader Fees and Charges applicable to investments transacted through the HSBC WorldTrader online trading platform
26 Terms and Conditions apply. For more details visit www.hsbc.ae
Singapore – For Securities Denominated in EUR
Monthly Trade Value (SGD) Transaction Fees
Minimum Fee per Order
0
– 100,000
0.25%
EUR 15
100,001 – 500,000 0.15%
EUR 10
500,001 – 2,000,000 0.12%
EUR 10
2,000,001
– 5,000,000
0.10%
EUR 5
5,000,001
+
0.08%
EUR 5
We will use the SGD equivalent amount for the EUR trade value to determine which tier you are on.
Singapore – For Securities Denominated in HKD
Monthly Trade Value (SGD) HSBC Transaction Fees
Minimum Fee per Order
0
– 100,000
0.25%
HKD 40
100,001 – 500,000 0.15%
HKD 25
500,001 – 2,000,000 0.12%
HKD 25
2,000,001
– 5,000,000
0.10%
HKD 18
5,000,001
+
0.08%
HKD 18
We will use the SGD equivalent amount for the HKD trade value to determine which tier you are on.
All the above fees are subject to 5% Value Added Tax
Please note Interactive Brokers (UK) Limited’s fees and charges applicable to your buy or sell orders for investment funds, fixed income products or equity securities through the HSBC WorldTrader online trading
platform will be included in our Transaction Fees described above.
You will also be charged any applicable third party fees and charges, exchange market fees and stamp duty or taxes.
WorldTrader Fees and Charges applicable to investments transacted through the HSBC WorldTrader online trading platform
Copyright. HSBC Bank Middle East Limited 2024 ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying,
recording, or otherwise, without the prior written permission of HSBC Bank Middle East Limited.
Issued by HSBC Bank Middle East Limited U.A.E Branch, PO Box 66, Dubai, U.A.E, regulated by the Central Bank of the U.A.E for the purposes of this promotion and lead regulated by the Dubai Financial Services Authority.
CRN: GC070324. Effective date: 19 August 2024.
