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Account fees

Effective 1 June 2018 for Personal Banking, HSBC Advance and Premier customers

Chequing accounts

Fees for chequing accounts
Account type Personal Advance Premier Seniors
Monthly maintenance fee (BMD, USD)
$10 per month
$10 per month
No charge
No charge1
Cheque processing
$1.75 per cheque
$1.75 per cheque
$1.75 per cheque
10 free cheques per month, $0.50 per cheques thereafter
Cheque book mailing
$10 per order (100 cheques)
$10 per order (100 cheques)
$10 per order (100 cheques)
$10 per order (100 cheques)
Unauthorised overdraft
$20 per item
$20 per item
$20 per item
$20 per item
Inward dishonour fee for returned cheques
$25 per item
$25 per item
$25 per item
$25 per item
Cheque image copy
$2.50 per cheque
$2.50 per cheque
$2.50 per cheque
$2.50 per cheque
Fees for chequing accounts
Account type Monthly maintenance fee (BMD, USD)
Personal $10 per month
Advance $10 per month
Premier No charge
Seniors
No charge1
Account type Cheque processing
Personal $1.75 per cheque
Advance $1.75 per cheque
Premier $1.75 per cheque
Seniors
10 free cheques per month, $0.50 per cheques thereafter
Account type Cheque book mailing
Personal $10 per order (100 cheques)
Advance $10 per order (100 cheques)
Premier $10 per order (100 cheques)
Seniors
$10 per order (100 cheques)
Account type Unauthorised overdraft
Personal $20 per item
Advance $20 per item
Premier $20 per item
Seniors
$20 per item
Account type Inward dishonour fee for returned cheques
Personal $25 per item
Advance $25 per item
Premier $25 per item
Seniors
$25 per item
Account type Cheque image copy
Personal $2.50 per cheque
Advance $2.50 per cheque
Premier $2.50 per cheque
Seniors
$2.50 per cheque

1$50 average monthly balance required, otherwise $3 per month.

Statement Savings Accounts

Fees for the Statement Savings Account
Account type Personal Advance Premier Seniors
Monthly maintenance fee (all available currencies)
$1

$1

No charge
No charge1
Unauthorised overdraft2
$20 per item
$20 per item
$20 per item
$20 per item
Fees for the Statement Savings Account
Account type Monthly maintenance fee (all available currencies)
Personal $1

Advance $1

Premier No charge
Seniors
No charge1
Account type Unauthorised overdraft2
Personal $20 per item
Advance $20 per item
Premier $20 per item
Seniors
$20 per item

1$100 average minimum balance required, otherwise $1 per month.
2This fee change will be limited to a maximum $60 charge within a calendar month.

Account services

Fees for account services
Account type Personal Advance Premier Seniors
Audit confirmation
$50
$50
$50
$50
Bank reference
$45
$35
$25
$45
Courier
$60
$60
$60
$60
Research $50 per hour
$50 per hour
$50 per hour
$50 per hour
Statement reprints
$10 per statement
$10 per statement
$10 per statement
$10 per statement
Advance orders same day pickup
$5
$5
$5
$5
Advance orders: USD cash orders less than $5,0001
No charge
No charge

No charge

No charge
Advance orders: USD cash orders more than $5,0001

0.5% fee 
amount in excess of $5000
0.5% fee 
amount in excess of $5000
0.5% fee 
amount in excess of $5000
0.5% fee 
amount in excess of $5000
Paper statement fee
$5 per statement
$5 per statement
$5 per statement
No charge
Fees for account services
Account type Audit confirmation
Personal $50
Advance $50
Premier $50
Seniors
$50
Account type Bank reference
Personal $45
Advance $35
Premier $25
Seniors
$45
Account type Courier
Personal $60
Advance $60
Premier $60
Seniors
$60
Account type Research
Personal $50 per hour
Advance $50 per hour
Premier $50 per hour
Seniors
$50 per hour
Account type Statement reprints
Personal $10 per statement
Advance $10 per statement
Premier $10 per statement
Seniors
$10 per statement
Account type Advance orders same day pickup
Personal $5
Advance $5
Premier $5
Seniors
$5
Account type Advance orders: USD cash orders less than $5,0001
Personal No charge
Advance No charge

Premier No charge

Seniors
No charge
Account type Advance orders: USD cash orders more than $5,0001

Personal 0.5% fee 
amount in excess of $5000
Advance 0.5% fee 
amount in excess of $5000
Premier 0.5% fee 
amount in excess of $5000
Seniors
0.5% fee 
amount in excess of $5000
Account type Paper statement fee
Personal $5 per statement
Advance $5 per statement
Premier $5 per statement
Seniors
No charge

1Plus applicable transaction or service fees.

Cheque cashing for non-HSBC customers

There is a fee of $30 per item for cash chequing if you're not a HSBC customer. You can avoid this fee if you open an account with us.

Debit and credit cards

Fees for debit and credit cards
Account type Personal Advance Premier Seniors
Debit card annual fee
No charge
No charge
No charge
$50.00
Premier BermudaCard with Mastercard annual fee
N/A
N/A
No charge N/A
BermudaCard with Mastercard annual fee
$35
$35
$35
$35
Visa Classic annual fee
$60

$60
$60

$60
Visa Gold annual fee

$75
$75

$75

$75

HSBC Premier Mastercard annual fee
N/A

N/A

No charge

N/A

HSBC Advance Mastercard annual fee
N/A

$50

N/A
N/A
HSBC Premier BermudaCard with Mastercard interest rate
N/A
N/A
19.95%
N/A
BermudaCard with Mastercard interest rate
19.95%
19.95%
19.95%

19.95%
Visa Classic interest rate

19.95%

19.95%

19.95%

19.95%

Visa Gold interest rate

19.95%

19.95%

19.95%

19.95%

HSBC Premier Mastercard interest rate
N/A

N/A

19.95%
N/A

HSBC Advance Mastercard interest rate
N/A
19.95%
N/A
N/A
BermudaCard with Mastercard supplementary card
$30

$30

$30

$30
Visa Classic supplementary card
$40
$40
$40
$40
Visa Gold supplementary card
$70
$70
$70
$70
HSBC Premier BermudaCard with Mastercard supplementary card
N/A
N/A
No charge
N/A
Credit card cash advance

2.50% of cash advance
(min $2.50)
2.50% of cash advance
(min $2.50)
2.50% of cash advance
(min $2.50)
2.50% of cash advance
(min $2.50)
Credit card replacement fee1
No charge
No charge
No charge
No charge
Debit card replacement fee
No charge
No charge
No charge
No charge
Debit card cash withdrawals from non-HSBC Bermuda ATMs
2.5% of cash withdrawal,
(min $3.50)
2.5% of cash withdrawal,
(min $3.50)
2.5% of cash withdrawal,
(min $3.50)
2.5% of cash withdrawal,
(min $3.50)
Copy of sales slip
$15
$15
$15
$15
Credit limit increase
No charge
No charge
No charge
No charge
Late payment
$40
$40
$40
$40
Overlimit fee2
$40
$40
No charge
$40
Research
$50 per hour
$50 per hour
$50 per hour
$50 per hour
Statement reprints
$10 per statement
$10 per statement
$10 per statement
$10 per statement
Debit and credit card international transaction fee3
0.6%
0.6%
0.6%
0.6%
Rush card order
$35 per card
$35 per card
$35 per card
$35 per card
Lost or stolen debit card draud deductible
$50 per card
$50 per card
$50 per card
$50 per card
Lost or stolen credit card fraud deductible
$100 per card
$100 per card
$100 per card
$100 per card
Fees for debit and credit cards
Account type Debit card annual fee
Personal No charge
Advance No charge
Premier No charge
Seniors
$50.00
Account type Premier BermudaCard with Mastercard annual fee
Personal N/A
Advance N/A
Premier No charge
Seniors
N/A
Account type BermudaCard with Mastercard annual fee
Personal $35
Advance $35
Premier $35
Seniors
$35
Account type Visa Classic annual fee
Personal $60

Advance $60
Premier $60

Seniors
$60
Account type Visa Gold annual fee

Personal $75
Advance $75

Premier $75

Seniors
$75

Account type HSBC Premier Mastercard annual fee
Personal N/A

Advance N/A

Premier No charge

Seniors
N/A

Account type HSBC Advance Mastercard annual fee
Personal N/A

Advance $50

Premier N/A
Seniors
N/A
Account type HSBC Premier BermudaCard with Mastercard interest rate
Personal N/A
Advance N/A
Premier 19.95%
Seniors
N/A
Account type BermudaCard with Mastercard interest rate
Personal 19.95%
Advance 19.95%
Premier 19.95%

Seniors
19.95%
Account type Visa Classic interest rate

Personal 19.95%

Advance 19.95%

Premier 19.95%

Seniors
19.95%

Account type Visa Gold interest rate

Personal 19.95%

Advance 19.95%

Premier 19.95%

Seniors
19.95%

Account type HSBC Premier Mastercard interest rate
Personal N/A

Advance N/A

Premier 19.95%
Seniors
N/A

Account type HSBC Advance Mastercard interest rate
Personal N/A
Advance 19.95%
Premier N/A
Seniors
N/A
Account type BermudaCard with Mastercard supplementary card
Personal $30

Advance $30

Premier $30

Seniors
$30
Account type Visa Classic supplementary card
Personal $40
Advance $40
Premier $40
Seniors
$40
Account type Visa Gold supplementary card
Personal $70
Advance $70
Premier $70
Seniors
$70
Account type HSBC Premier BermudaCard with Mastercard supplementary card
Personal N/A
Advance N/A
Premier No charge
Seniors
N/A
Account type Credit card cash advance

Personal 2.50% of cash advance
(min $2.50)
Advance 2.50% of cash advance
(min $2.50)
Premier 2.50% of cash advance
(min $2.50)
Seniors
2.50% of cash advance
(min $2.50)
Account type Credit card replacement fee1
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Debit card replacement fee
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Debit card cash withdrawals from non-HSBC Bermuda ATMs
Personal 2.5% of cash withdrawal,
(min $3.50)
Advance 2.5% of cash withdrawal,
(min $3.50)
Premier 2.5% of cash withdrawal,
(min $3.50)
Seniors
2.5% of cash withdrawal,
(min $3.50)
Account type Copy of sales slip
Personal $15
Advance $15
Premier $15
Seniors
$15
Account type Credit limit increase
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Late payment
Personal $40
Advance $40
Premier $40
Seniors
$40
Account type Overlimit fee2
Personal $40
Advance $40
Premier No charge
Seniors
$40
Account type Research
Personal $50 per hour
Advance $50 per hour
Premier $50 per hour
Seniors
$50 per hour
Account type Statement reprints
Personal $10 per statement
Advance $10 per statement
Premier $10 per statement
Seniors
$10 per statement
Account type Debit and credit card international transaction fee3
Personal 0.6%
Advance 0.6%
Premier 0.6%
Seniors
0.6%
Account type Rush card order
Personal $35 per card
Advance $35 per card
Premier $35 per card
Seniors
$35 per card
Account type Lost or stolen debit card draud deductible
Personal $50 per card
Advance $50 per card
Premier $50 per card
Seniors
$50 per card
Account type Lost or stolen credit card fraud deductible
Personal $100 per card
Advance $100 per card
Premier $100 per card
Seniors
$100 per card

1Effective 18 November 2017.
2Limited to a maximum $40 charge within a calendar month. 
3Applied to each international purchase transaction conducted outside of Bermuda.

BermudaCard with Mastercard - no monthly service fee on unpaid balances

To be more transparent, and ensure that our customers are able to compare our credit card products with the rest of the local market, there is no longer a tiered monthly service fee on unpaid balances on the BermudaCard. The monthly service fee has been absorbed into the annual interest rate.

Safety deposit boxes

Annual rental fees
Box type
Annual fee
1 $41.25
2 $62
3 $103
4 $103
5 $196
6 $216
7 $216
8 $350.75
9 $412.50
10 $464
Lock and key replacement fee
$120

Lost key replacement fee $20

Box break fee $120
Annual rental fees
Box type
1
Annual fee $41.25
Box type
2
Annual fee $62
Box type
3
Annual fee $103
Box type
4
Annual fee $103
Box type
5
Annual fee $196
Box type
6
Annual fee $216
Box type
7
Annual fee $216
Box type
8
Annual fee $350.75
Box type
9
Annual fee $412.50
Box type
10
Annual fee $464
Box type
Lock and key replacement fee
Annual fee $120

Box type
Lost key replacement fee
Annual fee $20

Box type
Box break fee
Annual fee $120

Local payments

Fees for local payments
Account type Personal Advance Premier Seniors
Cashier's cheques ordered via personal online banking
$10
$10

$10
$10
Cashier's cheques ordered manually
$75
$75
$75
$15
Internal HSBC Bermuda transfer via personal online banking
No charge No charge
No charge
No charge
Internal HSBC Bermuda transfer ordered manually
No charge
No charge
No charge
No charge
Payment to other local bank via personal online banking
No charge

No charge

No charge

No charge
Payment to other local bank ordered manually
$50
$50
$50
$50
Fees for local payments
Account type Cashier's cheques ordered via personal online banking
Personal $10
Advance $10

Premier $10
Seniors
$10
Account type Cashier's cheques ordered manually
Personal $75
Advance $75
Premier $75
Seniors
$15
Account type Internal HSBC Bermuda transfer via personal online banking
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Internal HSBC Bermuda transfer ordered manually
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Payment to other local bank via personal online banking
Personal No charge

Advance No charge

Premier No charge

Seniors
No charge
Account type Payment to other local bank ordered manually
Personal $50
Advance $50
Premier $50
Seniors
$50

Overseas payments

Fees for overseas payments
Account type Personal Advance Premier Seniors
Drafts ordered via personal online banking
$15
$15

$15
$15
Drafts ordered manually
$100
$100
$100
$25
Outgoing wire via personal online banking
$15
$15
$15
$15
Outgoing wire ordered manually on bank stationery
$100
$100
$100
$100
Outgoing wire ordered manually on non-bank stationery
$100
$100
$100
$100
International incoming wire
$6
$6
$6
$6
Global Transfer (Wire transfer to overseas HSBC office)
N/A
$7
No charge N/A

Stop payment (International draft)
$20 per item
$20 per item
$20 per item
$20 per item
Fees for overseas payments
Account type Drafts ordered via personal online banking
Personal $15
Advance $15

Premier $15
Seniors
$15
Account type Drafts ordered manually
Personal $100
Advance $100
Premier $100
Seniors
$25
Account type Outgoing wire via personal online banking
Personal $15
Advance $15
Premier $15
Seniors
$15
Account type Outgoing wire ordered manually on bank stationery
Personal $100
Advance $100
Premier $100
Seniors
$100
Account type Outgoing wire ordered manually on non-bank stationery
Personal $100
Advance $100
Premier $100
Seniors
$100
Account type International incoming wire
Personal $6
Advance $6
Premier $6
Seniors
$6
Account type Global Transfer (Wire transfer to overseas HSBC office)
Personal N/A
Advance $7
Premier No charge
Seniors
N/A

Account type Stop payment (International draft)
Personal $20 per item
Advance $20 per item
Premier $20 per item
Seniors
$20 per item

Foreign cheques

Fees for foreign cheques
Account type Personal Advance Premier Seniors
Cheques purchased (at the discretion of HSBC)
0.3% or $20 per item1

0.3% or $20 per item1
0.3% or $20 per item1
0.3% or $20 per item1
Cheques sent for collection or deferral
$20
$20
$20
$20
Fees for foreign cheques
Account type Cheques purchased (at the discretion of HSBC)
Personal 0.3% or $20 per item1

Advance 0.3% or $20 per item1
Premier 0.3% or $20 per item1
Seniors
0.3% or $20 per item1
Account type Cheques sent for collection or deferral
Personal $20
Advance $20
Premier $20
Seniors
$20

1Whichever is greater.

Standing instructions

Fees for standing instructions
Account type Personal Advance Premier Seniors
Manual set up
$7
$7
$7
$7
Personal online banking set up
No charge
No charge
No charge
No charge
Amendment
$7
$7
$7
$7
Transfer within HSBC Bermuda
No charge
No charge
No charge
No charge
Transfer to other Bermuda financial institution
$2.50
$2.50
$2.50
$2.50
Local mail payment
$13
$13
$13
$13
Foreign mail payment
$16
$16
$16
$16
International wire payment
$35
$35
$35
$35
Warning advice (due to insufficient funds after 3 attempts)
$5
$5
$5
$5
Warning advice
$5
$5
$5
$5
Fees for standing instructions
Account type Manual set up
Personal $7
Advance $7
Premier $7
Seniors
$7
Account type Personal online banking set up
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Amendment
Personal $7
Advance $7
Premier $7
Seniors
$7
Account type Transfer within HSBC Bermuda
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Transfer to other Bermuda financial institution
Personal $2.50
Advance $2.50
Premier $2.50
Seniors
$2.50
Account type Local mail payment
Personal $13
Advance $13
Premier $13
Seniors
$13
Account type Foreign mail payment
Personal $16
Advance $16
Premier $16
Seniors
$16
Account type International wire payment
Personal $35
Advance $35
Premier $35
Seniors
$35
Account type Warning advice (due to insufficient funds after 3 attempts)
Personal $5
Advance $5
Premier $5
Seniors
$5
Account type Warning advice
Personal $5
Advance $5
Premier $5
Seniors
$5

Lending fees

Fees for lending
Account type Maximum term
Personal Advance Premier Seniors
Home Equity Loan negotiation fee
30 years
1% or $200 minimum
0.90% or $150 minimum
0.80% or $150 minimum

1% or $150 minimum
Personal Loan - secured negotiation fee
5 years 1% or $200 minimum

0.90% or $200 minimum

0.80% or $200 minimum
1% or $200 minimum
Personal Loan - unsecured negotiation fee
5 years
1% or $200 minimum
0.90% or $200 minimum
0.80% or $200 minimum
1% or $200 minimum
Overdrafts
1 year $25 per quarter under $10k. 25% per quarter over $10k
$25 per quarter under $10k. 25% per quarter over $10k
$25 per quarter under $10k. 25% per quarter over $10k
$25 per quarter under $10k. 25% per quarter over $10k
Education Loan - secured negotiation fee
5 years 1%
0.90%
0.80%
1%
Education Loans -unsecured negotiation fee
5 years
1%
0.90%
0.80%
1%
Mortgage negotiation fee N/A 1%
0.90%
0.80%
1%
Personal line of credit negotiation fee N/A
1%
0.90%
0.80%
1%
Personal line of credit late fee N/A No charge No charge No charge No charge
Certified copy of deed of conveyance N/A

$25
$25
$25
$25
Non-certified copy of deed of conveyance
N/A
$15
$15
$15
$15
Copy of deed site plan/schedule N/A $10
$10
$10
$10
Fees for lending
Account type Home Equity Loan negotiation fee
Maximum term
30 years
Personal 1% or $200 minimum
Advance 0.90% or $150 minimum
Premier 0.80% or $150 minimum

Seniors
1% or $150 minimum
Account type Personal Loan - secured negotiation fee
Maximum term
5 years
Personal 1% or $200 minimum

Advance 0.90% or $200 minimum

Premier 0.80% or $200 minimum
Seniors
1% or $200 minimum
Account type Personal Loan - unsecured negotiation fee
Maximum term
5 years
Personal 1% or $200 minimum
Advance 0.90% or $200 minimum
Premier 0.80% or $200 minimum
Seniors
1% or $200 minimum
Account type Overdrafts
Maximum term
1 year
Personal $25 per quarter under $10k. 25% per quarter over $10k
Advance $25 per quarter under $10k. 25% per quarter over $10k
Premier $25 per quarter under $10k. 25% per quarter over $10k
Seniors
$25 per quarter under $10k. 25% per quarter over $10k
Account type Education Loan - secured negotiation fee
Maximum term
5 years
Personal 1%
Advance 0.90%
Premier 0.80%
Seniors
1%
Account type Education Loans -unsecured negotiation fee
Maximum term
5 years
Personal 1%
Advance 0.90%
Premier 0.80%
Seniors
1%
Account type Mortgage negotiation fee
Maximum term
N/A
Personal 1%
Advance 0.90%
Premier 0.80%
Seniors
1%
Account type Personal line of credit negotiation fee
Maximum term
N/A
Personal 1%
Advance 0.90%
Premier 0.80%
Seniors
1%
Account type Personal line of credit late fee
Maximum term
N/A
Personal No charge
Advance No charge
Premier No charge
Seniors
No charge
Account type Certified copy of deed of conveyance
Maximum term
N/A

Personal $25
Advance $25
Premier $25
Seniors
$25
Account type Non-certified copy of deed of conveyance
Maximum term
N/A
Personal $15
Advance $15
Premier $15
Seniors
$15
Account type Copy of deed site plan/schedule
Maximum term
N/A
Personal $10
Advance $10
Premier $10
Seniors
$10

Investments

Fees for investments
Account type Personal Advance Premier Seniors
Custody and safekeeping local shares
$25 per quarter for local shares

$25 per quarter for local shares
$25 per quarter for local shares
$25 per quarter for local shares
Execution fees local trading up to $50k
1% of trade (min $75)
1% of trade (min $75)
1% of trade (min $75)
1% of trade (min $75)
Execution fees local trading $50k - $100k
0.75% of trade

0.75% of trade

0.75% of trade

0.75% of trade

Execution fees local trading over $100k
0.50% of trade

0.50% of trade

0.50% of trade

0.50% of trade
Handling fee $25.00 per trade
$25.00 per trade
$25.00 per trade
$25.00 per trade
BSX fee
0.125% on each transaction (min $1.25)
0.125% on each transaction (min $1.25)
0.125% on each transaction (min $1.25)
0.125% on each transaction (min $1.25)
Fees for investments
Account type Custody and safekeeping local shares
Personal $25 per quarter for local shares

Advance $25 per quarter for local shares
Premier $25 per quarter for local shares
Seniors $25 per quarter for local shares
Account type Execution fees local trading up to $50k
Personal 1% of trade (min $75)
Advance 1% of trade (min $75)
Premier 1% of trade (min $75)
Seniors 1% of trade (min $75)
Account type Execution fees local trading $50k - $100k
Personal 0.75% of trade

Advance 0.75% of trade

Premier 0.75% of trade

Seniors 0.75% of trade

Account type Execution fees local trading over $100k
Personal 0.50% of trade

Advance 0.50% of trade

Premier 0.50% of trade

Seniors 0.50% of trade
Account type Handling fee
Personal $25.00 per trade
Advance $25.00 per trade
Premier $25.00 per trade
Seniors $25.00 per trade
Account type BSX fee
Personal 0.125% on each transaction (min $1.25)
Advance 0.125% on each transaction (min $1.25)
Premier 0.125% on each transaction (min $1.25)
Seniors 0.125% on each transaction (min $1.25)

Disclaimer

Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority. The Site is primarily intended for those who access it from within Bermuda. Because of this, we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking of investment activity or any offer to buy or sell any securities or other instruments outside Bermuda.

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