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Payments

Telegraphic transfer (TT) Electronic Manual
TT issuance to

1. Beneficiary account with HSBC Group
2. Beneficiary account with Other bank		 BHD 5
BHD 6		 BHD 10
BHD 12
Local/Central Bank TT issuance BHD 3 BHD 5
Same day value additional charge Free BHD 2
Recall of TT funds
Fate Enquiry 		BHD 10 plus BHD 5 per cable message and Correspondent bank charges
Cashier Order (COC)/ Demand Draft (DD)
COC  issuance BHD 3
DD issuance in currency of beneficiary country BHD 5
COC / DD Cancellation (with original returned) BHD 10
COC / DD Stop Payment BHD 10
Internal Transfer Electronic Manual
Internal Transfer within HSBC Bahrain Free BHD 2
Standing Instruction (SI) Electronic Manual
Set up Free * BHD 3
Amendment Free * BHD 3
SI Internal payment within HSBC BHD 1 / Transfer
SI Payment to other banks BHD 1 plus Respective TT/COC charge
Penalty fee for insufficient funds BHD 10

Notes:

1) Electronic = Transactions originating from HSBCnet and Internet Banking
2) Manual = Transactions originated through branches and Telephone Banking
3) Above charges is HSBC Bahrain only, other banks including HSBC offices may deduct their charges from the remittance amount.
4) Value date is subject to respective currency cut off time and holidays.

* Only through Internet Banking
Salary/Bulk Payments Letter or Fax Floppy Disks HSBCnet
To accounts of staff with HSBC Bahrain 20 staff or less:
BHD 20.

Over 20 staff:
0.600 Fils per staff for any additional		 Free Free
To accounts of staff with other Local banks BHD 10 per Bank, with a minimum of BHD 40 0.400 Fils per staff, with a minimum of BHD 30
Inward Payments Per Transaction
Credited to HSBC BHD account Free
Credited to a third bank BHD 10
Paid in BHD cash BHD 10
Paid in the same currency to the beneficiary account 0.2% of remittance amount (Minimum BHD 5
Maximum BHD 200)
Paid in foreign currency notes 1% of remittance amount (Minimum BHD 5
Maximum BHD 200)
Paid in form of Travellers Cheques 0.2% of remittance amount (Minimum BHD 5
Maximum BHD 200) plus standard Travelers Cheques commission

Note:

1) Beneficiary of the remittance may be required to pay a charge depending on the conditions set by the remitter or his/her bank.
2) For non-account holders remittances will be paid in cash only if the remittance has originated from an HSBC Group office.
3) If the amount is to be credited in another currency to an HSBC account, the prevailing exchange rate will be applied.

Effective January 2009

HSBC Bank Middle East Limited. Regulated by the Jersey Financial Services Commission © 2011