Skip to content
Important Notice   Close

Important Service Advisory: Larger Cash Withdrawals Exceeding ₱500,000.00

To our Valued Customer,

We wish to inform you that the Bangko Sentral ng Pilipinas (BSP), through Circular No. 1218, Series of 2025, has issued new regulations on large value cash transactions effective, Monday, 06 October 2025.

Large cash withdrawals exceeding ₱500,000.00 or its foreign currency equivalent shall only be made, facilitated, or transacted through cheque payment, fund transfer, direct credit to deposit accounts, and/or other form using digital platform or the HSBCnet app. The PHP500,000.00 limit maybe carried out in a single transaction or in series of transactions within one (1) banking day.

Click here to know more.

China Desk Network

Back to ASEAN’s International Bank

China Desk Network

When you're ready to scale your business beyond China, HSBC provides dedicated support from HSBC Desk Network across ASEAN to help with your expansion plans.

Dedicated support from a team that knows your language

Doing business abroad often requires getting up to speed with the local legal system and navigating different banking practices and customer expectations. At HSBC, we make venturing overseas easier for our clients through our specialist desks around the world.

Access HSBC's China Desk

Our China Desk support helps Chinese businesses expand into new markets through the China-ASEAN corridor. It can support companies across all industries as diverse as technology, infrastructure, healthcare, and e-commerce.

Our specialists have the knowledge and expertise to connect you to overseas opportunities and support you on your new business ventures. The combination of HSBC China’s network and our international footprint means that we can meet your banking and financing needs anywhere in ASEAN and beyond.

For inquiries or complaints, you may contact The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch ("HSBC Philippines") through your dedicated Relationship Manager. If you want to find out more about HSBC Philippines' customer feedback procedures, please visit hsbc.com.ph/feedback.

HSBC Philippines is an entity regulated by the Bangko Sentral ng Pilipinas (BSP). You may get in touch with the BSP Consumer Protection and Market Conduct Office through their Email at consumeraffairs@bsp.gov.ph or Webchat at http://www.bsp.gov.ph. Deposits are insured by PDIC up to P1,000,000 per depositor.

Issued by The Hongkong and Shanghai Banking Corporation Limited, Philippine Branch

Interested in expanding your business to ASEAN?

Find out more about how our international network could help you to grow your business in ASEAN.

Every customer enquiry is important to us. By providing details about your business we can direct your enquiry to our most relevant team member.

ASEAN's International Bank

With our broad international networks and on-the-ground experts, we help you take uncertainty out of ASEAN expansion.
Discover more

Need help?

Get in touch to learn more about our banking solutions and how we can help you drive your business forward.
Contact us