[AJ2007]

HSBC is a bank. Do you really think they would be providing this service for free???!!!
They may call it a "free" service but it is through their lousy exchange rate that they make their money. You are not getting a good deal because they use a much worse exchange rate than you can get elsewhere.
I asked my HSBC sales representative here in the UK for the Exchange Rate that HSBC India use in doing the conversion from UK GBP to INR but so far I have had no reply. That kind of secrecy speaks volumes about the kind of lousy service 9financially spekaing) that they provide.
Get some common sense and realise that banks are here to fleece you for money - they are not here to provide value for money.