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Receivables 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.
Receivables Management Solutions
We can help you manage your receivables with...
• Faster collection cycles to reduce your outstanding receivables
• Centralisation of collections to better enable you to monitor and control your accounts
• Real-time access to consolidated receivables information via HSBCnet
• Allows you to outsource your accounts receivable reconciliation to HSBC
• Post-dated cheque warehousing, enabling you to let HSBC take care of the safe-keeping, tracking
and clearing of funds on maturity
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