Clearing of US Dollar Cheque
Clearing of US Dollar Cheque/Demand Drafts.
Following a periodic review of our products and services, with effect from 9 July 2016 we will only accept US Dollar Cheque/ Demand Draft which are drawn on HSBC Group Affiliates (e.g. HSBC USA, HSBC Hong Kong).
US Dollar Cheque/Demand Drafts will be sent for clearing through physical collection, which may take 6 or more weeks to be cleared and may incur additional charges including courier and clearing fees. Please refer to the HSBC website for the applicable charges.
After 8 July 2016, US Dollar Cheque/Demand Drafts not drawn on HSBC Group Affiliates presented to us will not be accepted for international clearing.
Please note that the local USD cheque clearing will continue on as-is basis.
Your HSBC representative can help you to establish alternate electronic channels through which you can receive electronic US dollar payments.
If you have any questions, please contact us on 19007 for Personal Banking customers, 0800 ADVANCE (08002382623) for Advance customers or 0800 PREMIER (08007736437) for Premier customers.