Global Payments and Cash Management

HSBC Global Payments and Cash Management has established itself as a leading provider of cash management solutions to local corporations, multinationals, as well as major financial institutions.

With an extensive network of 590 branches and offices in 20 countries and territories in the Asia-Pacific Region, it offers you a strong network that addresses both domestic and regional cash management requirements. Enjoy solutions that are convenient, functional, cost-efficient and comprehensive. When it comes to delivering comprehensive and flexible payments, HSBC has been recognized as the Best Cash Management Bank in Asia.

Electronic Collections
A service that lets funds be received via domestic and international fund transfers, direct debits, and the like.

National Network Collections (NNC)
This provides efficient check and paper collection services to corporate customers. Our services come with outsourced collections legwork, national coverage, expedited check clearing and information on consolidated receivables captured by our branch and alliance networks.

Business to Government (B2G) E-Tax
This system provides a medium for the electronic collection of tax payments from corporations and individuals. It enables customers to settle their tax obligations online through real-time electronic funds transfers and takes advantage of the internet for maximum flexibility and convenience with minimum effort and cost.

Receivable Management System (RMS)
This is a collections information management system that lets you view and download collection reports. Information captured through all collection channels is transmitted and consolidated into a centralized database, providing Consolidated Reporting, Automated Accounts Receivable Reconciliation, System Integration and online transaction inquiry for all electronic and paper collections.

Electronic Payments
This includes Domestic RTGS, ACH, Payroll, E-Tax, Inter-account, and International funds transfers.

Cheque Outsourcing Service (COS)
This allows full outsourcing of check disbursement requirements. It offers producing local and cross-border cashier's orders and/or company checks, as well as the following options for handling deliveries to payees:

• Courier delivery of the instruments to the issuer's office.

• Release of instruments directly on the issuer's behalf, for convenient pick-up by the respective payees at strategically located HSBC releasing counters.

• Mailing of cashier's checks and/or company checks directly to payees via registered mail, based on the beneficiary information provided by the issuer as a part of payment instructions.

Payments Advising
HSBC's payment platform is supported by a Beneficiary Advising Engine. This generates payment advice regarding remittance details and sends them to payees.

Payables Financing
A comprehensive buyer-centric supply chain financing solution, enabling our customer to provide early payments to strategic suppliers and at the same time releasing cash back to its business. Our customer can likewise benefit from better trade terms with the improved relationships with its suppliers.

Domestic and International accounts
Manage your money in various currencies, subject to the regulatory limitations within the respective countries.

HSBCnet
HSBC's Internet banking platform provides secure, real-time access to both financial information and cash management solutions across multiple geographies.

HSBC Connect
This is a secure host-to-host connection between your ERP system and HSBC. It is specially designed to allow corporate and institutional clients to manage transmitting large volumes of information and transaction instructions to HSBC.

We value customer feedback and allocate substantial resources to the development of products and services that address the evolving needs of our corporate customers. For further details or any clarifications regarding our cash management solutions, please send us an e-mail, or contact the following members of our local cash management team:

Patricia Olbes
Senior Vice President
Head of Global Payments and Cash Management

Angie M Colet
Vice President
Sales Head

HSBC Payments and Cash Management
corporatebanking@hsbc.com.ph

You may also visit our Asia Pacific website for information on our regional and global capabilities.