[Notification] Revision of Agreement For Foreign Exchange Transact
Please be advised that Agreement For Foreign Exchange Transactions was revised with effective from July 31, 2019. Effective date: 31 July 2019
[Notification] Termination of P Note Custody Service
Please be advised that P Note Custody Service is terminated, effective from July 15, 2019.
Effective date: 15 July 2019
Interest Rate Announcement : USD Savings account
Please be advised that HSBC Korea is to increase credit interest rate on USD Savings account with effective from 8 January 2019.
USD Savings account for corporate customers
Effective date: 8 January 2019 (Tuesday)
Interest Rate Announcement: KRW Savings account
Please be advised that HSBC Korea is to increase credit interest rate on KRW Savings account with effective from 14 December 2018.
KRW Savings account for corporate customers
Effective date: 14 December 2018 (Friday)
[Pre-notice]Introduction of real-time domestic FCY payment via KFTC and standard tariff
Please be advised that HSBC SEL will support real-time domestic FCY payment via KFTC network from December.
Real-time processing is available subject to pre-defined conditions at back-end, and where possible, HSBC will process payment instruction through real-time network. Otherwise, payment is supposed to be processed via SWIFTnet as before.
HSBC's standard tariff for domestic inward/outward FCY payment is USD10 (KRW10,000) regardless of back-end processing, KFTC or SWIFTnet.
In case transaction a/c is non-KRW a/c, USD tariff shall be applied and USD equivalent charge amount will be collected upfront from transaction a/c at the point of transaction unless agreed otherwise.
[Notification] Change of General Terms and Conditions on Integrated Receivable Management Solution via Virtual Network Collection
Please be advised that General Terms and Conditions on Integrated Receivable Management Solution via Virtual Network Collection is changed, effective from August 1, 2018. Comparison Table (PDF, 48KB) Effective date: 1 August 2018
Notice of Foreign Currency Cheque Deposit Service Discontinuance
Since the official announcement of the closure of its retail banking and wealth management operations, HSBC Korea has been taking a range of measures necessary to implement the closure. As part of the process, we would like inform you that foreign currency cheque deposit service which has been provided for corporate customers (for collection and purchasing) through our retail banking branches will be discontinued as of 28 Nov, 2017
Thank you for using HSBC service. We wish you all the best in your future endeavours. Effective date: 28 November 2017
[Notification] Change of Supplementary Agreement
Please be advised that Supplementary Agreement for Company is changed effective from November 17, 2017. Effective date: 17 November 2017
Notice of Termination of Cash Credit Transaction via VNC(Virtual Network Collection) Service
We would like to inform you that cash credit transaction for VNC via branches & ATM will be terminated as below. We advise you to make the necessary arrangements to follow up this change.
1. Termination of Cash Credit Transactions via Branches & ATM
2. Target Banks : All of Banks with VNC Virtual Accounts
3. Target Effective Date : 29th September 2017
- Actual effective date could be varied according to each banks’ internal schedule.
Effective date: 29 September 2017
Discontinuance of Foreign Bank Draft Issuance Service
Please be advised that HSBC Korea do not provide Foreign Bank Draft Issuance Service from July 1, 2016.
Effective date: 1 July 2016
[Notification] Change of General Terms and Conditions on Crossborder Remittance
Please be advised that General Terms and Conditions on Crossborder Remittance is changed, effective from July 1, 2016.
Effective date: 1 July 2016
[Notification] Change of General Terms and Conditions on FCY transactions
Please be advised that General Terms and Conditions on FCY Transactions is changed, effective from July 1, 2016.
Effective date: 1 July 2016
[Notification] Change of General Terms and Conditions on Deposit Transactions
Please be advised that General Terms and Conditions on Deposit Transactions changed with effective from April 26, 2016. Effective date: 26 April 2016
Discontinuance of Ja-Ki-Ap check issuance (cashier's order) service
Please be advised that HSBC Korea do not provide Ja-Ki-Ap check issuance service from April 26, 2016.
Ja-Ki-Ap checks which had been issued already can be processed as before.
Effective date: 26 April 2016
[Important] (Corporate) Xpress Pay & Xpress Sweep is not available from 1 July 2016
As per the product and service policy in Korea, 'Xpress Pay' and 'Xpress Sweep' service will be closed with effective from 1 July 2016.
As an alternative of Xpress Pay, you can use our Global Internet Banking System, 'HSBCnet'.
For any queries or 'HSBCnet' user guide, please contact CS managers or Corporate Customer Service Center at 82-2-3708-0100. Effective date: 1 July 2016
[Important] Payment instruction form change to 'SmartForm' with effective from January 1, 2016.
From 1 January 2016, HSBC is implementing a new policy where we encourage customers to send payment instructions through e-channels (HSBCnet, Swift, Connect) or 'SmartForm' only.
Free-format instruction, old forms or 'hand-written' SmartForm is not allowed, so please ensure to submit 'typed' SmartForm for quick and correct payment execution.
You can download 'SmartForm' from 'useful information' on this website. Effective date: 1 January 2016
Announcement for the changes of Terms & Conditions for the Virtual Account Service & Service Integrated Receivables Management Solution via Virtual Network Collection
Please be announced that the Terms and Conditions of Virtual Account Service and Integrated Receivabls Management Solution via Virtual Network Collection Service as of Feb. 3, 2015.