HSBC Armenia - Homepage
International banking with HSBC
Whatever your size, scope and needs, whether you are internationally established or just starting out, whether you are a major corporate entity or a sole trader, a charity or not-for-profit, trade or social organization, or even a government organization, the facilities and benefits of what we do can enhance what you do.
We'll help you manage your international business risk and take advantage of international business opportunities through our comprehensive product range and specialists help. With HSBC, you gain access to our global network of more than 8,000 business experts, spread across 63 countries. It means more than just experience and knowledge, it means real local insight and understanding. Just tell us your ideas and needs and we will guide you towards realizing them with proactive advice and professional support.
We believe that businesses with a global perspective have more opportunities to grow and succeed. HSBC is the best placed to help you make the most of those opportunities owing to its international reach and world’s local bank strategy. Through the worldwide HSBC Global group, we can connect you with the right people in the right places. Beyond the comprehensive cross-border range of products and services you would expect, we add the global supporting attitude that marks out HSBC. As the world’s local bank, we enable businesses to realize opportunities across borders. The range and diversity of our products and services enables you to bring the world closer and demystify its complexities, as well as mitigate risks, to help you gain the rewards from international trade. We take the time to understand your business. We’ll come to you with tailored solutions and advice to help you make better international business decisions.
Products and Services
International Payment Services
Whether you're thinking of transferring money overseas, ordering foreign currency or opening foreign currency accounts, we have services catering for your needs. If you are making or receiving overseas payments, HSBC can help you to manage your international transactions and accounts.
Corporate Card
Our cards are internationally recognized and can be used throughout the world. Corporate card is a flexible tool to make travel, entertainment and general business purchases, as well as can be utilized for Customs clearance. HSBC Bank Armenia offers MasterCard Standard Card and MasterCard Gold Card and MasterCard Platinum Card Corporate Credit Cards. Corporate Credit Cards can be used by the company’s owners and top management, as well as other assigned employees for making payments during various business-related occasions, thus providing a comfortable way of directly recognizing these expenses in the company accounts. HSBC Bank Armenia credit and payment cards are also a discount card at more than 100 shops and service centres.
Foreign Currency Account - International Business Account
Opening International Business Account in an overseas market will help you meet the challenges of doing business overseas, providing essential support in core areas such as importing and exporting, foreign currency, and international payments.
We can open for you a local account with us, as well as our specialists are ready to advise and assist you in opening accounts in other sites within HSBC Group, and help to complete all the documentation required for it.
Internet and Telephone Banking
We offer a full range of banking solutions, including a secure and efficient online banking system which is fundamental in setting up business abroad. You can have direct, secure access at any time of the day or night to all your accounts online from anywhere in the world. You can make transfers between accounts, pay and receive money, check balances, move money between accounts and download data to spreadsheets. Via Telephone banking you can speak to an HSBC trained specialist for guidance and support.
Business needs
Importing and Exporting
Using HSBC in your IMPORT / EXPORT transactions you can benefit from a number of advantages both to you and your suppliers: financial strength, expert assistance, vendor support and global network.
As one of the largest Trade and Supply Services providers in the world, we have local trade experts available to support your business. We can help put you in control of your operations and assist you to streamline your trade processes effectively with our advanced Import and Export Trade Services. Our aim is to ensure that your import and export transactions are managed effortlessly and effectively, providing your business with the best possible opportunities to grow and by helping you to maximize the opportunities in global buying and selling and minimize the risks.
Foreign Exchange
When your business is trading internationally you'll need to pay suppliers in a range of currencies and convert foreign currency receipts. Our bank has the profound expertise and resources to help the commercial customers meet their business needs related to the foreign exchange market and managing the risks arising from the foreign exchange rate fluctuations that may adversely impact the standing of the business. Currently, we provide spot and forward foreign exchange services to our commercial customers in major foreign currencies. For many businesses the impact of exchange rate volatility can be significant. HSBC Armenia has a team of specialists available to advise you on developing an appropriate strategy for your business.
Easy to access Foreign Exchange services.
Our extensive range of Foreign Exchange services can be accessed:
- In person at your local branch
- By telephone
- Online
- By HSBCnet
Businesses that trade internationally or have operations overseas are likely to be exposed to Foreign Exchange Risk arising from volatility in the currency markets. To identify and manage Foreign Exchange Risk, HSBC Bank Armenia suggests the use of the following four-point plan: This simple plan lays the foundations for the management of your foreign exchange exposures:
- Understand your exposures
- Understand the products
- Develop a strategy
- Implement it
Historically, currency markets have been extremely volatile and unpredictable - it makes sense therefore, once you have formulated a strategy, implement it without delay and ensure your profits are protected. HSBC will work with you to develop a strategy that best meets the requirements of your business.
More info:
Forward Foreign Exchange - identifying and managing foreign exchange risk (PDF, 52KB)
Forward Foreign Exchange Contracts (PDF, 187KB)
Investment Banking
We can help you to manage your investments and choose where to invest your money and for how long. Depending on your risk attitude and through our constant monitoring of the financial markets we can assist you to maximize your investment returns. Our specialists constantly monitor the financial markets in order to ensure that your hard-earned investments are given the due attention they deserve.
Providing of investment services is regulated and licensed by Central Bank of Armenia.
Note: In case of discrepancies between the Armenian and English versions of this page, the Armenian version shall prevail.
Last updated on: 08/07/2010 10:00
