# HSBC, Visa say GIFT City speeds cross-border payments for Indians

2026-08-12T02:03:42+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

HSBC and Visa executives say GIFT City will give Indians faster access to foreign exchange and global payments. International transactions that took one to two weeks can now be confirmed on the same day, HSBC stated. The financial hub in Gujarat aims to ease forex rules for residents, though no specific timeline for broader rollout was given.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/gift-city-to-give-indians-greater-access-to-foreign-currency-global-payments-hsbc-visa-11896691#publisher=newsstand>

Tags: cross-border payments, forex access, GIFT City, HSBC, India, Visa
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