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Demand Draft

Demand Draft

A simple and cost-effective overseas payment.

  • Is a less expensive way for remitters to transfer money overseas.
  • Offers a convenient way to settle your trade business when documentation is required.
  • Is secure and safe.
  • Gives you the flexibility of placing your instruction at an HSBC branch or via Hexagon

 

Do you want to pay with the convenience of a cheque, but worry about the risks? Then consider HSBC's Demand Draft, a low-cost, convenient method of making non-urgent payments.

A demand draft is more secure than a normal cheque as it can only be credited to a specific payee's account, and a customer can only be reimbursed under indemnity if the cheque is lost or stolen.

With a demand draft, you enjoy the flexibility of:

  • Making the bank cheque payable to a specific payee, drawn on an overseas branch/bank for any amount and in over 40 currencies worldwide,
  • Choosing how and when you want to send the cheque, without a stated expiry date, and
  • Placing your order through any HSBC branch or via Hexagon

Need more information?

If you want to find out more about our Commercial Banking, please call us on 4 4722 77 (24 hour customer service line) or stop by at your nearest HSBC branch. You could also contact us via e-mail.