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Have you ever considered saving in foreign currencies? Looking to take advantage of fluctuating exchange rates? Or need foreign currency because you are planning an overseas trip. Or, have assets abroad that you need to regularly make transfers to? Whatever your plans, HSBC offers you the easiest way to buy, hold and save in up to 10 foreign currencies with an HSBC Multi Currency Account. And, unlike other banks, once you have an account with us, you are able to go online to view real time exchange rates and then convert currencies in real time using HSBC’s unique Get Rate. Best of all you can open an HSBC Multi Currency Account online in just a few minutes, visit hsbc.com.au/multicurrency Today, we are going to demonstrate how easy it is to use Get Rate to convert Aussie Dollars to US Dollars. First visit hsbc.com.AU and log on to internet banking Enter your username and log in with your security device So you can see your accounts. To make a conversion, simply click on Transfers on the left-hand side. Select ‘Transfer from’ your Australian Dollar Account. Then select ‘Transfer to’ your US Dollar Account to convert to US Dollars. Or, to send money overseas select ‘Transfer to overseas and other local banks’, provide the recipient bank details, and your preferred currency type. Your money should then arrive within a couple of days. Going back to our original conversion You have the option to Transfer and Save that amount, or Transfer only. Now click on confirm and Get Rate. Don’t worry you haven’t exchanged yet. You will now see the real time exchange rate for the currency pair of your transaction, and have approximately 20 seconds to accept the exchange rate on offer. If you choose not to accept that rate, simply click on the refresh button to obtain a new exchange rate. To accept this exchange rate, click accept and the transfer is made from Aussie Dollars to US Dollars. It’s that simple. Get Rate. Put the power of real time rates in your hands.
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