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BUSINESS NEWS<br />
HSBC Opens New NRI Rep<br />
Office in Fremont, California<br />
HSBC has opened a Non-Resident Indian<br />
(NRI)* representative office in Fremont,<br />
California. The objective is to make banking<br />
transactions more convenient for the NRI<br />
community based in California. This new<br />
location, headquartered at 39410 Fremont<br />
Blvd, Fremont, CA 94538, is a<br />
representative office of the Hong Kong and<br />
Shanghai Banking Corporation Limited in<br />
India (HSBC India). The dedicated NRI<br />
office will facilitate personal financial<br />
services including remittances between<br />
India and USA, servicing HSBC India's NRI<br />
customers and serving as a conduit between<br />
NRIs and HSBC India to facilitate banking requirements.<br />
A new banking solution for NRIs has also been announced by the HSBC Bank<br />
USA, N.A. (HSBC USA). This comprehensive solution allows the NRI<br />
community to conduct cross-border banking transactions and to choose from a<br />
variety of tailored deposit, mortgage and investment products. In addition to<br />
helping NRIs better facilitate their banking transactions in the US and India,<br />
the solution also offers the following benefits.<br />
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