Business Internet Banking

HSBC Business Internet Banking

HSBC's Business Internet Banking (BIB) provides you with a simple and secure way to manage your company's finances anywhere and any time. By simply accessing the Internet and entering into our secure portal, you can conduct your banking activities online

Benefits

Convenience
+ Manage your cash anytime, anywhere (24/7 around the world)
+ All banking services at your fingertips with no software required
Time saving
+ Save time and cost travelling to the bank
+ Save payment templates and reuse at any instant easily
+ Quicker processing time for online payment
Cost saving
+ Free Application and Maintenance fee
+ Enjoy preferential tariffs (lower payment fee) for transactions made via Business Internet Banking
User-friendly and ease-to-use
+ Experience a new generation of Internet
+ Banking with a more user-friendly interface and easy-to-use navigation
Safe banking, peace of mind
Provide you with a reliable and secure online transacting environment: extra security layers with highly secured website (128 bit SSL encrypted protection) and Security Device (Token)

Features

Manage your accounts

Immediate access to your account
+ View up-to-date balances, latest activities and look up transaction history by date
Manage your cash flow
+ Transfer to other accounts of the Company or to other local and overseas banks
Make the most of your idle fund
+ Open new time deposits to make profit of your idle fund
+ Update maturity instructions online

Online payment

Transfer money between your own accounts, other HSBC accounts or those in local and overseas banks
Pay single or multiple bills. You can save the templates for future usage. You can also choose to pay your bills now or at anytime in the future
autoPay makes it easier for you to pay recurring bills. No worries of any further actions
Set up payment templates if you wish to reuse them in the future
Make a payment now, in the future or setup recurring payment

Trade services

Trade account information
+ Immediate access to all your Import and Export accounts at HSBC
Facilities reporting
+ Overall view of your banking facilities with HSBC
Import Documentary Credit transactions
+ Online submission of your applications or amendments
+ Templates for your Documentary Credit preparation
Export DC Transfer
+ Easily transfer your Export DC to a 3^rd party online

Customer services

Stop a cheque right away once incorrectly issued, or hassle-free ordering of cheque books
View e-Statements or request previous statements.
Send instant queries or feedback to the Bank via a secured mailbox
Check rates enquiry (interest rates and exchange rates)
Record and view all activities of the company’s Internet Banking users

Account security

Choose Single or Dual Administration depending on your desired level of administrative control
Choose appropriate Authorisation setting to align with the internal management control of each Company

Fees⁽¹⁾

Description	Fee
Application fee	Free
Annual fee	Free
Security Device fee ⁽²⁾	VND200,000 each (inside Vietnam delivery) VND1,000,000 each (overseas delivery)
Cancellation fee (Applied when Business Internet Banking service is cancelled within 6 months since subscription)	VND1,400,000
Statement fee (Applied upfront on annual basis for customers opt for both paper statements and e-Statements)	VND170,000/year
autoPay	Same as outward remittances fee (inside Vietnam) Applied for each payee
Standing Instructions (Recurring)	Free
Other transaction/non-transaction fees	Refer to the latest update tariffs (especially preferential tariffs for electronic transactions)

⁽¹⁾All fees are exclusive of VAT and be updated in certain periods
⁽²⁾Free Business Internet Banking Security Devices for BusinessVantage customers (applied to 2 primary users)