How to transfer a large amount of money with HSBC AU in 2025
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Sending large amounts of money across borders can be complex, but HSBC Australia makes it simple and secure. With competitive exchange rates, transparent fees, and reliable processing, you can send high-value transfers with peace of mind.
Whether for business, investments, or personal reasons, HSBC Australia ensures your money reaches its destination safely and efficiently.
What are the limits for large money transfers with HSBC AU?
HSBC Australia sets daily transfer limits based on the type of recipient account:
- To nominated accounts: Default limit of AUD 100,000, with a maximum of AUD 250,000.
- To other accounts: Default limit of AUD 5,000, with a maximum of AUD 50,000.
These limits apply to both online banking and mobile app transfers. To adjust your daily limit, contact HSBC via the mobile app or online banking platform .
Is HSBC AU safe for large transfers?
HSBC Australia employs multiple security measures to protect your funds during large transfers. These include multi-factor authentication (MFA), 24/7 fraud monitoring, and the HSBC Safeguard system, which strengthens protection against financial crimes. Additionally, the bank uses unique One-Time Passcodes (OTPs) for transaction verification.
However, it’s important to note that in December 2024, the Australian Securities and Investments Commission (ASIC) filed a lawsuit against HSBC Australia, alleging failures in protecting customers from scams, resulting in significant financial losses. HSBC has acknowledged the claims and is cooperating with ASIC to improve its fraud prevention measures.
How to make large transfers with HSBC AU?
Here’s a step-by-step guide to making a large transfer with HSBC Australia:
- Sign up or log into your HSBC Australia online banking account or mobile app.
- Navigate to the ‘Move Money’ section and select ‘International Transfers’.
- Enter the transfer details, including the recipient’s information and amount.
- Choose your payment method, such as a bank transfer.
- Verify your identity if required for high-value transactions.
- Confirm and send. Track your transfer in real-time through the HSBC Australia app or website.
For transfers between your HSBC Australia accounts and globally linked HSBC accounts, you can use the Global Transfers feature, which allows instant transfers in most currencies .
How long do large transfers take with HSBC AU?
| Transfer Method | ETA |
|---|---|
| Global Money Transfers (Mobile App) | 2 business days |
| Online Banking | 3 business days |
| In-person at HSBC Australia branch | 1–3 business days |
| Global Transfers between HSBC accounts | Instant (most currencies) |
What’s the maximum transfer limit with HSBC AU?
| Transfer Method | HSBC AU Maximum Transfer Limit |
|---|---|
| Online Banking to other accounts | AUD 50,000 |
| Online Banking to nominated accounts | AUD 250,000 |
| Global Transfers between HSBC accounts | Up to USD 200,000 per day |
Why is Instarem a better choice for large money transfers?
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- Extended rate lock-in for added peace of mind
Make large money transfers with Instarem
First time transfer?
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The information provided is for general guidance only and may vary based on your location and transaction details. Please check HSBC AU official website for the latest policies and limits.
