Payments and Cash Management

Source	Award	Years won
AsiaMoney	Best Cash Management Bank in China	2003-2005
Euromoney	Best Cash Management Bank in North Asia	2006

HSBC is the first foreign bank to establish...

...strategic RMB clearance alliances with Bank of Communications, Bank of China, China Construction Bank, Industrial and Commercial Bank of China, and Agricultural Bank of China – the five largest mainland Chinese banks

HSBC has also established a wide direct membership and connectivity to local clearing systems and CNAPS (High Value and Low Value) in most locations that HSBC has a Renminbi licence.

For three years in a row (2003-2005), HSBC has been named 'Best Cash Management Bank in China' by AsiaMoney. In 2006, HSBC was named 'Best Cash Management Bank in North Asia' by Euromoney.

Payments and Cash Management Products

HSBC in mainland China offers a full suite of cash management services, covering account receivables, payments and liquidity management; providing sophisticated solutions to assist you with your banking transactions and cash flow management.

Receivables Management

Receivables Management Receivables solutions that help you shorten your receivables collection cycles and provide information for reconciliation.

Payment Management

Payment Management Payments solutions that help you securely initiate and authorise payment instructions (via HSBC's web-based e-banking channel - HSBCnet) to HSBC for processing.

Liquidity Management Solutions

Liquidity management solutions structured under the entrusted loan framework in mainland China, that allow you to optimize the efficiency of your idle cash balances amongst your group entities.

Integrated Delivery Channels

Integrated Delivery Channels Our integrated web-based delivery channel, HSBCnet, provides you with a single point of entry to HSBC's corporate banking solutions