Cash Management

With years of experience in delivering payments and cash management solutions, HSBC Cash Management tailored solutions are designed to integrate with your business systems to meet your specific needs. We implement strategies for managing your cash flow that are focused on your long-term goals, yet flexible enough to adapt to change.

HSBC Cash Management operates on a global basis, but also works on a local level to ensure that cross-border differences are identified and related benefits are exploited. Our team of specialists ensure that whether you need solutions across the world, regionally or locally, we have the skills, expertise and resources to deliver them.

Efficient cash management for your business is conducted via an online banking system. This gives you simply timely and accurate management information from a single access point and provides you with a full range of banking services.

Regardless of your scale of business, HSBC Cash Management services can be customised to suit your business’ unique local, regional or global payment and collection requirements.

• Beneficiary advising – Complements payment solutions by allowing the flexibility to send extended information through e-mail, fax or paper. Advising templates can be set up with up to six beneficiaries for each payment.
• Remittances – Electronic banking for same day application of funds, free inward wire transfers and competitive cut-off times for effecting all your remittances.
• AutoPay – For domestic payments and collections through the Interbank GIRO system that can streamline your transactional needs for employee payroll, vendor payments, and account receivables from local customers. No minimum charges when you use our electronic banking service.
• Cheque outsourcing – An automated solution for effecting cheque payments. You can outsource the issuance of Singapore dollar and US dollar cashier’s orders / cheques and related payment advices.
• Lockbox – An outsourcing solution for your cheque collections. Facilitates your information management through comprehensive collection reports and improves fund availability.
• Cross-border capabilities – Payments and cash management capabilities can be geared to suit your local, regional or global requirements.