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:

ImageGlobal Payment Services

Clearing and Foreign Currency

  • Optimize working capital and make transactions in foreign currencies more efficiently

ImageTerm Loans

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

ImageTrade Facilities

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

ImageAccounts & 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.


For further details, please contact us:

imageAddress:

Brigade International Finance Centre BIFC,
Unit no 202, 2nd floor, Building no 14A, Block 14, Zone 1,
Gift City SEZ, Gandhinagar, Gujarat - 382355

imageOpening Hours (excluding public holidays):

Monday to Friday 9:00 am to 6:00 pm

imageQuick Links Sections

FATCA

Annual Report

Account opening rules

Application Forms (Account opening, SCF Term Deposit….etc)

Application Forms (Trade)