I. PAYROLL SERVICE CUT-OFF TIME
The processing time is stipulated as follows:
If the payroll instruction is submitted to HSBC on or before 02:00 pm of working days:
1. The Company account for payroll service will be debited on the next working day.
II. CONDITIONS TO TRANSFER INSTRUCTION:
1. In the absence of any specific instructions to the contrary, the Transfer Instruction will be affected in the currency of the country in which payment is to be made.