Foreign Currency Usage Limits

Change is effective starting 19 December 2022.

Debit cards daily limits apply.

^*Set on the customer level i.e. cover all card types owned by the customers both credit and debit cards. Also, this limit is inclusive of any fees or charges applied by HSBC Bank Egypt or by the ATM Operator on the cash withdrawal at the time of conducting the transaction. These fees or charges may include but not limited to cash withdrawal fees and foreign currency markup fees applied by HSBC Bank Egypt or charges applied by ATM operators for using their ATMs – if any.

Above limit is effective starting 19 December 2022.

The normal  cards daily limits for both cash & purchase still apply (no change).

Please note that transactions in foreign currency are converted into the equivalent in Egyptian Pounds at the prevailing market rate at the posting date and not at the transaction date attracting the foreign currency mark–up fees and charges as per the 'Schedule of Charges' announced on our website. Foreign Currency Transactions 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 is the transaction posting date on HSBC system and not the actual date of transaction and which may involve a conversion to US Dollars or Hong Kong Dollars first).

Please note that transactions in foreign currency are converted into the equivalent in Egyptian Pounds at the prevailing market rate at the posting date and not at the transaction date attracting the foreign currency mark–up fees and charges as per the 'Schedule of Charges' announced on our website. Foreign Currency Transactions 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 is the transaction posting date on HSBC system and not the actual date of transaction and which may involve a conversion to US Dollars or Hong Kong Dollars first).

Change is effective starting 19 December 2022. 

Limit covers both the transactions of primary and supplementary cards of the same product type.

For Debit and Credit cards, the foreign currency purchase limit will be refreshed based on Calendar Month after the completion of the first working day of the month (i.e. will be refreshed on the second day of every month while catering for weekends and public holidays). 

The limit applies to all non-cash foreign currency transactions including face to face purchase transactions and e-commerce/online transactions.

Yes, if you reached your monthly cap in card foreign currency purchases limit per month, the transaction will be rejected.

Transactions in foreign currency is converted into the equivalent in Egyptian Pounds at the prevailing market rate at the posting date and not at the transaction date attracting the foreign currency mark–up fees and charges as per the 'Schedule of Charges' announced on our website. Foreign Currency Transactions 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 is the transaction posting date on HSBC system and not the actual date of transaction and which may involve a conversion to US Dollars or Hong Kong Dollars first).

HSBC Cards cash overseas withdrawal limit per month will be USD 1,500 (or equivalent) effective 19 December 2022.

Note: The monthly capping of USD 1,500 (or equivalent) applies to the overall cash withdrawals carried by the card customer overseas (covering all his accounts & Cards - irrelevant of the account currency). Also, this capping is inclusive of any fees or charges applied by HSBC Bank Egypt or by the ATM Operator on the cash withdrawal at the time of conducting the transaction. These fees or charges may include but not limited to cash withdrawal fees and foreign currency markup fees applied by HSBC Bank Egypt or charges applied by ATM operators for using their ATMs – if any.

The following transactions are included within the new capping of USD 1,500/month: 

• All ATM cash withdrawals from customer accounts using Debit Cards
• All ATM cash withdrawals from customer accounts using Credit Cards
• All Cash Advance transactions from ATM machines using credit cards

System logic is based on the calendar month. That is to say, the cap to USD 1,500 (or equivalent) will be refreshed by the start of each month.