Fees and Charges
HSBC Premier
Service charges:
A minimum average balance service charge of USD 50 per month will be levied if the customer does not maintain the minimum average relationship balance of USD 100,000 per month. If this balance is not maintained for 6 months in a year, the service will be discontinued.
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Composite Statement
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Free
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Cash Deposit
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Free
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Cheques Sent for Collection, drawn on banks in Lebanon
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Free
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Cheque Book
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Free
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Personal and Home Loans, Car Loans and AssetLink Overdrafts
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Special interest rates and 50% waiver on arrangement fee
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No-bounce Cheque Protection
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Up to USD 5,000 free of charge (interest charges will apply)
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HSBC Premier ATM card
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Free cash withdrawal from HSBC Group ATMs world-wide
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Bankers Cheques
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Free
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Remittances within the HSBC Group network world-wide
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USD 20
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Remittances effected via Personal Internet Banking service to own account with any HSBC Group entity (me2me)
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Free*
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Inward local remittance
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Free
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Remittances outside the HSBC Group network world-wide
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USD 30 (excludes correspondent bank charges)
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Remittances effected via HSBC Personal Internet Banking Service**
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Standard Premier charges less USD 10
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Local banks in LBP
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LBP 5,000
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Recall of funds
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USD 20
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Fate Enquiry
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Free
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Emergency encashment
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Free
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Travellers Cheques issuance/encashment
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Free
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Foreign currency exchange
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Free of charge through all HSBC branches world-wide
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Confirmation of signature
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Free
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Account balance certificate
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Free
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Account Closure Fees
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Free
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Overseas account opening
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Free
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Overseas account opening for students
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Free
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Letter of Introduction
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Free
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Deposits in USD notes (if above $1,000)
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Under $10,000: Free. Over $10,000: 0.15%
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Deposits in LBP notes
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Free
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Deposits in other major currencies (if amount is above FCY1,000)
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Free
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Money Order
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USD 25
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Mail Facility within Lebanon |
Free |
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Hold Mail Facility |
USD 5 per statement |
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Investigation of old entries |
Free |
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Inactive Account |
USD 20/month |
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Utility Bill payments |
USD 1.5 |
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New standing instruction set-up fee |
Free |
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Charge due to inability to effect payment of standing instruction due to insufficient funds |
USD 3.5 |
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Returned bill for insufficient funds |
USD 20 per bill |
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Clearance letter |
Free |
*Please call 01-361365 to avail this service.
** Excluding outward remittances to local banks
Notes:
All out of pocket expenses and remitting/corresponding bank charges, if any, will be deducted from the proceeds of the remittance.
Service Standard Spot (2 days value).
For outward remittances sent via New York, an additional fee of USD 20 may be incurred by correspondent bank.
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Cheques |
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Cheques returned drawn on own account (per cheque) |
USD 30 / LBP 45,000 |
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Car Loan Arrangement Fees |
USD 25 |
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Personal Assistance Loan (PAL) Arrangement Fees |
1% of loan (min. USD 100) |
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Self-Employed Loan (Professionals) Arrangement Fees |
1% of loan (min. USD 75) |
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AssetLink Loan Arrangement Fees |
1% of loan (min. USD 100) |
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Home Loan Arrangement Fees |
USD 100 |
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Top-up of Existing Loan Arrangement Fees |
2% of loan (min. USD 150) |
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Early Payment of Loans |
1.5% of outstanding loan amount (min. $100) |
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Cheques payable at Beirut and Jounieh clearing centers |
Free |
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Cheques in LBP |
Free |
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Cheques payable outside Beirut and Jounieh clearing centers |
Free |
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Cheques payable outside clearing houses |
USD 5 / LBP 7,500 per cheque |
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Cheques Returned |
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Deposited in own Account |
Free |
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Drawn on own Account |
USD 30 / LBP 45,000 |
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Encashment of Cheques drawn on HSBC Lebanon |
Free |
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Foreign Currency Cheques payable outside Lebanon |
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- Sent for collection |
0.10% (min. USD 15) |
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- Purchased by the bank*: |
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- Deposit held for 15 days |
0.25% (min. USD 15) |
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- Deposit cleared with same day value |
0.35% (min. USD 15) |
*Correspondent bank charge added if cheque is sent to a country other than USA or UK.
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Bankers Cheques
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Cheque in Foreign Currency
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Free
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Cheques in LBP
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Free
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Cancellation (with original returned)
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USD 5/cheque
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Encashment of cheques drawn on HSBC Lebanon
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Free
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Stop Payment
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Personal cheques
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USD 10 per instruction
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Cheque drawn on BDL
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USD 20/cheque
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Notes:
Clearing Bank/Drawee Bank and postage charges, if any, will be on account of customer.
Charges are applicable if cheques are returned.
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HSBC Premier MasterCard Credit Card
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Annual membership fee for Primary cards and Additional cards
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Free
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Finance charge
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1.5% per month
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Cash advance charge
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Finance charge + 3% per withdrawal (min. USD 10)
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Card replacement fee for lost, damaged or stolen cards
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Free
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Late payment charge
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USD 20
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Excess credit limit charge
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USD 20
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Additional copy of card statement charge
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Free
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Copy of sales voucher charge
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USD 10
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Returned standing instructions charge
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Free
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Returned cheque charge
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Free
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Utility bill payment
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USD 2
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Charge for disputing genuine transaction
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USD 25
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Statement of Account
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Regular Statement
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Free
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Copy of statement (per page)
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Up to 1 year
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Free
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Over 1 year
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Free
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Over 5 years
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USD 20
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Global Services:
The HSBC Premier customer is responsible for all charges incurred for the provision of services by providers, including, but not limited to, physicians, hospitals, clinics, lawyers, ticket brokers, luxury shops and any other entity providing assistance, goods or services pursuant to a referral by the Global Service Assistance Centre to an HSBC Premier customer.
Note:
All other charges will remain as per the Bank’s standard tariff of charges.
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