IFSC Banking Unit

International Financial Services Center Banking Unit [IBU] in Gujarat International Finance Tec - (GIFT) City in Gandhinagar, Gujarat, India.

GIFT is a Multi Services Special Economic Zone and is India's first global financial and IT services hub designed on the lines of global financial centres.

The Hongkong and Shanghai Banking Corporation Limited has set up its IBU, which will operate as an offshore branch (HSBC IBU)

HSBC IBU in GIFT City offers the following products:

Global Payment Services

Clearing and Foreign Currency

Optimize working capital and make transactions in foreign currencies more efficiently

Term Loans

External Commercial Borrowing (ECB) for HSBC Indian Corporates
Offshore Loans

Trade Facilities

FI Refinance and DC Reimbursement Finance
Post-shipment Seller Loans
Post-shipment Buyer Loans
Commodity & Structured Trade Finance – Pre Payment Finance

Accounts & Deposits

Current Accounts
Term Deposits
- For Rate of Interest for term deposits up to USD 500,000 or equivalent, please click here
- For Rate of Interest for term deposits greater than or equal to USD 500,000 or equivalent, please reach out to your Client Service/ Relationship Manager

SWIFT and IFSC code of HSBC IBU

SWIFT Code of HSBC IBU: HSBCINAA

Note:- SWIFT code of HSBC IBU should be mentioned in the relevant field of all cross border payment messages (SWIFT/Telegraphic Transfer) by the remitting bank to receive funds in HSBC IBU.

IFSC Code of HSBC IBU : GIFT0HSBC01

Note: This code should be used only by the remitters to undertake cross border remittance to IBUs for mentioning in the relevant field of cross border payment systems messages where quoting of IFSC code of the destination branch in India is a mandatory requirement. This code shall not be used for initiating payments using any of the domestic payment systems like NEFT, RTGS etc.

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