South Africa accounts: Get Rate available beginning 30 January

Last updated: 13 January 2021

On 30 January 2021, we’re introducing the Get Rate and Preview exchange rate services for your HSBC accounts in South Africa.

What’s Get Rate?

This easy-to-use feature offers greater control over your foreign-currency payments, allowing you to view and instantly confirm FX rates when making Priority Payments from your accounts.

Key benefits:

• Save time – confirm the FX rate at the same time when authorising your Priority Payments
• Get Rate offers a real-time FX price – view the rate before accepting
• Available 24 hours a day, 7 days a week, 365 days a year

How it works

Get Rate appears automatically for eligible Priority Payment instructions at the final stage of authorising your payments. It provides you with the exchange rate and a real-time quote for the debit/credit amounts.

Here’s what the Get Rate screen will look like:

(select image to enlarge)

Note: Get Rate is subject to all exchange control checks where regulatory reporting requirements are required for your payments, such as including Purpose of payment details or uploading supporting documents using the ‘Attachment’ option when creating payments in HSBCnet.

Find out more

If you have any questions, please contact your local HSBCnet Support Centre.