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Payment 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.
Integrated Payments Solutions
We can help you manage your payments with...
• A full suite of accounts payable management services that fulfil your domestic and international payments
needs
• Secure and efficient online delivery of payments instructions and support for in-city and cross-city electronic
payments in simplified Chinese
• Our direct connectivity to local and nationwide clearing systems and strategic alliances, providing the
assurance that your beneficiary will receive the funds, wherever they are in China in an efficient manner.
• Automated payment reconciliation
• Provision of e-mail/fax advices to beneficiaries at the point where the payment is processed
• Online solutions for cheque outsourcing, allowing you to send an electronic instruction for the bulk issue of
paper instruments by HSBC, freeing you from administrative burden
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