HSBC's Global Payments and Cash management has established itself as a leading provider of cash management solutions to local and multi-national corporations, 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, we are strongly positioned to address both domestic and regional cash management requirements with much emphasis on convenience, functionality, cost efficiency and comprehensive support. |
HSBC has been recognized as the Best Cash Management Bank in Asia at delivering comprehensive & flexible payments and cash management solutions. |
| |
| Integrated Receivables Solutions (IRS) |
Electronic Collections - for funds received via Domestic and International funds transfers, Direct Debits, and the like. National Network Collections (NNC) - provides efficient cheque and paper collection services to corporate customers with outsourced collections legwork, national coverage, expedited cheque clearing, and consolidated receivables information captured by our branch and alliance networks. Wholesale Lockbox (WLB) - provides warehousing, tracking and deposit services for post-dated cheques. Various management information reports are also available for keeping track of outstanding, deposited and even returned cheques. As a value added service, HSBC also provides images of the cheques accessible through HSBCnet. Receivable Management System (RMS) - a collections information management system that allows viewing and download of various collection related reports. Information captured through all collection channels is transmitted and consolidated into a centralised database, providing Consolidated Reporting, Automated Accounts Receivable Reconciliation, System Integration and On-line transaction inquiry for all electronic and paper collections.
|
Integrated Payments Solutions (IPS) Electronic Payments - includes Domestic RTGS, ACH, Payroll, E-Tax, Inter-account, and International funds transfers. Cheque Outsourcing Service (COS) - allows full outsourcing of check disbursement requirements with the production of local and cross-border cashier's order and/or company cheques and flexible options for the handling of delivery to payees inclusive of: - Courier delivery of the instruments to the issuer's office.
- Release of the instruments directly on the issuer's behalf for convenient pick-up by the respective payees at HSBC's strategically located releasing counters.
- Mailing of cashier's cheques and/or company cheques directly to payees via registered mail based on the beneficiary information provided by the issuer as a part of the payment instruction.
Payments Advising - HSBC's payment platform is supported by a Beneficiary Advising Engine to enable payment advices containing remittance details to be generated and sent to payees.
|
Liquidity Management Solutions- Domestic and International accounts - available in various currencies, subject to the regulatory limitations within the respective countries.
|
Integrated Delivery Channels (IDC)
HSBCnet - HSBC's Internet banking platform providing secure, real-time access to both financial information and your cash management solutions accross multiple geographies. HSBC Connect - a secure host-to-host connection between your ERP system and HSBC. It is specifically designed to allow corporate and institutional clients to manage the transmission of 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 Tel No: (632) 830 5294 Email: globalcash@hsbc.com.ph |
| |
| You may also visit our Asia Pacific website for information on our regional and global capabilities. |