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Receiving Payments

Cash Management

More and more business is now conducted with less time spent handling cash. Electronic processes allow greater convenience for you and your customers. They permit you to see cleared funds before releasing goods or services. This results in staff spending less time doing the daily banking.

Features

Payments are electronically transmitted to HSBC via SWIFT. All you need to do is ensure that you have provided the sender with your full banking details and have asked them to send you an electronic payment.

By accessing your bank accounts through Electronic Banking, you will be able to:

  • See balances and cleared funds
  • View statements
  • See items going through your accounts
  • Export your bank balances and statements to assist with reconciliation by your general ledger systems
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