Real Time Gross Settlement (RTGS)

Do you need to make a large value payment to a domestic Bangladeshi Taka account held in another bank? Our Real Time Gross Settlement (RTGS) payments system is linked to Bangladesh Bank’s RTGS server. This means that your fund transfers are processed faster, more securely, thereby giving you peace of mind as funds reach the beneficiary bank*.

*Please note that fund availability depends on internal procedures of the beneficiary bank.

RTGS is a real-time electronic funds transfer mechanism for domestic transactions worth BDT 100,000 or more. Through RTGS, our customers are able to make real-time inter-bank fund transfers. Any RTGS transaction originated and submitted by the customer is considered as final and cannot be altered / cancelled.

Large value fund transfers (worth BDT 100,000 or more) made within 10:00 AM and  3:00 PM on a business  day through Personal Internet Banking are processed and sent to beneficiary banks via Bangladesh Bank’s RTGS server within just 30 minutes!*

*Please note that fund availability depends on internal procedures of the beneficiary bank.

While you can make RTGS fund transfer through any HSBC branch in Bangladesh,  it is much more convenient to use HSBC Personal Internet Banking (PIB). This allows you to transfer funds on the go, from your office or your home. Simply register for the HSBC PIB platform and start using this service.

Interbank RTGS fund transfers from PIB are secured because:

• HSBC offers class-1 security features (SSL certificate, 2FA) for online transfer.
• Such transactions are processed through Bangladesh Bank’s RTGS server.
• Bangladesh Bank records and confirms every RTGS transfer.

To make RTGS transfer from HSBC Personal Internet Banking (PIB), follow the below simple steps.

• Log on to your HSBC PIB account.
• Select "Transfers" from the "From account" drop-down list.
• Select Local beneficiary from "Transfer to" drop-down list.
• Type in beneficiary name in ‘Name’ field and the account number / card number (without space / hyphen) in the ‘Account number’ field.
• Select bank with branch name from the “Bank and branch name” drop-down list.
• Enter the transferred amount in the field “Amount in BDT”.
• Click “Transfer now” and complete the transaction.

All local beneficiary transfer from PIB for amounts BDT100,000 or more will be treated as RTGS payments.

Alternatively you may visit any HSBC branch in Bangladesh for submitting RTGS request in prescribed form. However, such requests may take longer to process.

Click here for frequently asked questions on RTGS