Zelle, owned by Early Warning Services, is a money service that’s directly integrated with over 2,000 US banks and credit unions. Right in your banking app, Zelle lets you send and receive instant money transfers between other US deposit accounts. HSBC is a bank, so it can partner with Zelle.
HSBC does work with Zelle. Customers with the HSBC US Mobile Banking app and an HSBC deposit account have access.
HSBC Premier Checking
A premium account with HSBC exclusive pricing and discounts, and great for traveling.
Signing up with Zelle doesn’t cost anything. You’ll need a US deposit account from a supported bank, such as a checking or savings account.
You’ll sign up for Zelle within your banking app. Follow these steps to set up Zelle with HSBC:
That’s it! Zelle no longer supports a standalone app, so to use it at all, you must bank with a supported institution.
Most banks and credit unions don’t charge extra fees to use Zelle. HSBC doesn’t charge any fees to use Zelle, either.
HSBC states there are no limits to the amount of money you can recieve with Zelle, but it does have some sending limits. You can send up to $500 per day, or up to $3,000 per month (rolling period). You’re also limited in how many Zelle transactions you can make, up to four per day, or 30 per month (also rolling period).
These limits are pretty standard, and its also following Zelle’s standard transfer limit of $500 per day.
If you want the ability to send instant transfers to friends and family, but you’re not an HSBC customer, consider these other apps:
HSBC does work with Zelle, but if it’s not the right bank for you, compare other banks that support Zelle if you’re set on using the service.
Financial aggregator apps link your bank accounts, investments and credit cards into one platform. But are the cost and setup worth it for you?
Open a new Grasshopper Account through Finder and receive $300 after your Qualified First Deposit of $100 or more is completed. US residents. Limited time only. Terms and conditions apply.
Finder $300 Grasshopper Promotion – Terms and Conditions
Learn how fast Current’s mobile check deposits clear, who qualifies for instant deposits and alternative options.
Cash App doesn’t offer instant mobile check deposits, and you’ll typically have to wait a few business days for your funds to clear.
Mobile check deposit at Chase is not instant, but funds may be available by the next business day.
Chime doesn’t offer instant mobile check deposit, so here’s how long deposits take and faster alternatives.
Bank of America’s mobile check deposits are not instant, but usually clear quickly. See how fast you could see your money here.
Tracking the Fed funds rate from 1954 to now.
Compare the best banks and credit unions in the US featuring high APYs, no-fee checking and kids accounts.
