294: Banking In India as an Expat with Tom Acton

Update: 2025-06-02

Description

What is it like to experience banking in India through the eyes of an expat?! From international money transfers to mobile banking apps, the Indian financial landscape can feel like a maze for newcomers. In our latest episode of Expat Banking on Navigate with HSBC, we hear directly from someone who’s lived the experience.

Meet Tom Acton, Global Head of Strategy, HSBC Global Operations in conversation with Ms. Ritu Singh, Anchor CNBCTV18. Having relocated from England to India, Tom takes us through the realities of starting over in a new country—financially and otherwise. He shares his personal journey of adapting to the Indian banking ecosystem, from opening local accounts and understanding UPI, to setting up his family’s finances and applying for a credit card.

If you’re an expat moving to India or planning to, this episode offers invaluable first-hand insights into the dos and don’ts of banking here. Discover what Tom wished he knew before moving, how HSBC supported his transition, and how India’s advanced digital banking system compares to global standards. From remittances and real-time payments to the unexpected cultural nuances of managing money in a new land—Tom unpacks it all with clarity and candour.

Whether you're a newcomer, an expat in transition, or just curious about the expat banking experience in India, this episode is your go-to guide.

🎧 Tune in to hear our episode on “Banking in India as an Expat” on, Navigate with HSBC – NRI Banking Services” in association with CNBC-TV18.