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Integrated Receivables Solutions

Integrated Receivables Solutions

Cash pick-ups

Features:

  • This collection service allows HSBC to pick-up cash from the customer’s nominated locations on a scheduled basis.
  • Cash collected is credited to the customer’s account with HSBC in a timely manner.
  • Customer can view the collection information via HSBCNet.

Benefits:

  • Immediate collection from branches/offices and fund availability in the account.
  • Lower handling risk versus bringing cash to the bank.
  • Lesser administration expense.
  • Lower fees and charges.
  • Dealing with only one bank for all needs.