HSBC Day to Day Transaction Account

How do I apply for the HSBC Day to Day Transaction Account?

If you have decided that the HSBC Day to Day Transaction Account is the right one to take care of your banking needs, here's what you need to get started with an online application.

Eligibility to apply online

• Your age. Applications from individuals aged  18 years or older are the only ones that will considered by HSBC.

• Your residency. You must be an Australian resident or citizen with a valid residential address to apply.

• Account use. This account is for personal use only. If you are a business, company or trust, you can contact HSBC for information on transaction accounts available for commercial and business purposes.

So long as you meet these terms, you can proceed to the online application form. Have the following documentation available to help complete filling out the form quickly and accurately:

Documentation you'll need for your online application

• Identity documents. HSBC is required by law to verify the identity of applicants before an account can be opened in their name. To accomplish this, you will be asked to provide information from your Australian driver’s licence or passport. If not available, you may be asked to visit a local branch in order to complete the identity verification.

• Personal details. You are going to need to fill in your full name, date of birth, residential address and e-mail address as part of the application.

• Account information. If you are an existing HSBC customer you will need to provide the details of the accounts you already hold with them.

What happens after I submit my online application?

Completing the online application should take approximately five to ten minutes. Once complete, hit submit and expect to be contacted within two business days with the details of your new everyday account. At that point your Visa debit card will be issued to you so that you can begin taking advantage of all the features of this transaction account.

What if I'm not eligible to apply online or a non-resident?

If you're moving to Australia, please get in touch with HSBC Australia migrant services to set up your account today, so you can open them before you arrive. If none of the above situations apply to you, please contact HSBC Australia directly to discuss your options.

• 
  What fees or charges are applicable on overseas purchases and atm withdrawals using a HSBC VISA debit card?Can card be used in atms and purchases in cuba? (some cards have parent company or link to company in USA, which then causes problems or cannot be used in cuba.
  
  
  
  
  
  

  For purchases, there’s foreign currency conversion fee for each overseas transaction with this account. For ATM withdrawals,  foreign currency conversion fee applies plus overseas ATM transaction fee charged by HSBC using a foreign ATM, plus the local operator may charge its own fee. According to forums, HSBC cards can be used in Cuba. Please see above for these fees.

• 
  I want to set up two bank accounts for my sons they are coming to work in June and they need to transfer their money from their english bank account to a bank in Australia. They will be on a one year work permit and intend to work on fruit farms during harvest times. How can I do this – we currently live in beijing and as internet is not good here it doesn’t connect to you. Can we fax all their details passports and birth certificates and residence permits from here in order to set up an account?
  
  
  
  
  
  

  Your sons can set up an account before they reach Australia by contacting the HSBC International Banking Centre (IBC) UK. They will be able to submit their documents to them. I’ve emailed you more information.

• 
  Hi I would like to know if I buy item from US website it is charge for transaction fees and exchange rate?? Or is it free of charge?
  
  
  
  
  
  

  There’s foreign currency conversion fee for each overseas transaction with this account. Please see above for this fee.

• 
  Is it possible to open up a family bank account where 3 of more people have access to make withdrawals and deposits?
  
  
  
  
  
  

  Unfortunately the maximum amount of people you can have for a HSBC Day to Day account is two.

• 
  Hi again , another question , can i deposit cheques into this account @ another bank? ie: westpac for free?
  
  
  
  
  
  

  This account allows you access via a chequebook, and you can make deposits into this account via cheque at other institutions for free.

• 
  Does this joint account come with 1 debit card or 2?
  
  
  
  
  
  

  You’ll receive two debit cards if its a joint account.

• 
  I have a partner who is not a citizen. Would I still be able to open a joint account ?
  
  
  
  
  
  

  Yes, it is still possible to open an account, though HSBC recommends that you apply over the phone or at your local branch.