Transferring money from UK to HK

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  1. #1

    Join Date
    Feb 2011
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    Transferring money from UK to HK

    I only have a Hang Seng bank in Hong Kong and an HSBC account in England.

    Should I open an HSBC account in Hong Kong and transfer the money that way or is there a cheaper, better method for doing this?


  2. #2

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    TransferWise or Instarem would get you better rates (assuming you are doing GBP to HKD)


  3. #3

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    Feb 2011
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    Thanks for the heads up.

    I went to HSBC yesterday and they said the charge for an International transfer was 65hkd but they asked me to check with HSBC in England because they will also charge.

    I already have an Instarem account so know the rates are one of the best around, so will compare once I set it up and let you guys know. Will go back to England in December.


  4. #4

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    Hsbc charges 65 hkd but gbp to hkd is crap


  5. #5

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    Quote Originally Posted by Drunken Master
    Hsbc charges 65 hkd but gbp to hkd is crap
    Any rough idea the percentage charge from England to HK?

  6. #6

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    Quote Originally Posted by periphery831
    Any rough idea the percentage charge from England to HK?
    This app shows the rates of various shops

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    Last edited by Drunken Master; 28-09-2018 at 05:06 PM.

  7. #7

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    Feb 2011
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    Quote Originally Posted by Drunken Master
    This app shows the rates of various shops
    Thanks but I'm looking for the bank charge for the international transfer, not the exchange rates.