Collection of Drafts is available at the Harbourview Branch, Ground Floor receptionist
Lower fees when you bank online
Business Customers
*All Cut-off times reflected below are “Local” Bermuda Times.
Product | Currency | HSBCnet | Value Effected (if within cut off time) |
|---|---|---|---|
Internal Transfers | All currencies | 4:00 pm | Same day value |
Cashiers Orders | BMD and USD | 3:00 pm | 72 hours |
Drafts | All currencies (except BMD) | 3:00 pm | 72 hours |
Bill Payments | BMD and USD | 4:00 pm | Same day value |
Local Bank payments | BMD and USD | N/A | Same day value |
ACH Credits | BMD and USD | 2:00 pm | Same day value |
Outgoing Wires | USD | 3:00 pm | Same day value |
| CAD | 11:00 am | Same day value |
| GBP | 3:00 pm | Next business day value |
| EUR | 3:00 pm | Next business day value |
| All other | 3:00 pm | Next two business day value |
Standing Instructions | All currencies | N/A | 24 hours of value date |
Standing Instructions Amendments | All currencies | N/A | 24 hours of value date |
File Upload Local Bank Payments | BMD and USD | 12:00 pm | Same day value |
File Upload Wire Payments | All currencies | Varies | Follows Outgoing Wires cut off times above. |
*All Cut-off times reflected below are “Local” Bermuda Times.
Product | Currency | Non Bank Stationery | Bank Stationery | Value Effected (if within cut off time) |
|---|---|---|---|---|
Internal Transfers | All currencies | 11:00 am | 12:00 pm | Same day value |
Cashiers Orders | BMD and USD | 11:00 am | 12:00 pm | 48 hours |
Drafts | All currencies (except BMD) | 11:00 am | 12:00 pm | 48 hours |
Bill Payments | BMD and USD | 11:00 am | 12:00 pm | Same day value |
Local Bank payments | BMD and USD | 9:00 am | 10:00 am | Same day value |
Outgoing Wires | USD | 11:00 am | 12:00 pm | Same day value |
| CAD | 9:00 am | 10:00 am | Same day value |
| GBP | 11:00 am | 12:00 pm | Next business day value |
| EUR | 11:00 am | 12:00 pm | Next business day value |
| All other | 11:00 am | 12:00 pm | Next two business day value |
Fixed Deposits | All currencies | 11:00 am | 12:00 pm | Same day value |
Standing Instructions | All currencies | 11:00 am | 12:00 pm | 24 hours of value date |
Standing Instructions Amendments | All currencies | 11:00 am | 12:00 pm | 24 hours of value date |
*Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton HM11, Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.
