Cash Management

Of Hsbc Bank

Integrated Payment Solutions

Integrated Payment Solutions

Payments entail a broad spectrum of requirements, with

constantly varying payment formats and systems. While paper-
based payments currently constitute a majority of payment
modes in the country, electronic-payments are fast gaining
importance.

Managing these constantly evolving and varied requirements,

while seeking to effect your payments in a timely and accurate
manner, is an administrative burden that your company would
like to do away with - but at the same time your company
would like to ensure that your internal guidelines and controls
are in place.

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• Benefits
• Features
• Products
• FAQS
Benefits
Benefits of HSBC's integrated Payment Solutions (IPS)
• Reduction in the overall end to end cost of processing
payments and accounts reconciliation
• Enhanced reconciliation resource optimization in
payments processing and account reconciliations
• Improved Risk Management and Controls
• Improved vendor relationships

Features
Key Features of HSBC's IPS
• A single point of entry for real-time information &
transaction - execution for all your accounts
• Solution for online creation or file uploads of payment
instructions for execution through varied modes like
Cheques, Drafts, RTGS, NEFT & Account Transfers
• Options for instruction level or file level authorization or
pre-authorized modes of initiation
• Flexible and scalable authorization matrix permitting
multiple authorizing levels.
 • Availability of varied Account Statements and Reverse
MIS files for automated reconciliation within your
systems
• Safety and security through two-factor authentication
• Industry benchmark security through 128 bit SSL
encryption

Integrated Receivables Solutions

Integrated Receivables Solutions

We understand how important accounts receivables

management is to your business cycle. The more control you
have over your cash flow, the lesser will be the need for
working capital required for running your business. The faster
you convert receivables into cash, the lower will be the risks
associated with your business. At the same time, in today's
competitive environment, this has to be matched with
minimization of transaction charges and must bring in
efficiencies in your business processes.

HSBC's Integrated Receivables Solutions (IRS) offers you an

opportunity to outsource your receivables process, from
picking up cheques from your customers, usage of strong
logistics management and correspondent bank relationships
for faster processing and clearance of your receivables to
world-class systems and processes to allow you to have a
complete control over your cash flows and receivables.

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• Benefits
• Features
• Products
• FAQs
Benefits
Benefits of Integrated Receivables Solutions (IRS)
• Faster realization of receivables through our strong
logistics management & geographic reach
• Savings in interest costs and Bank charges through
rationalization of account structure and local clearing at
over 350 locations across the country
• Simplification of process through Online querying on
receivables
• Simplification and automated Bank Reconciliation
• Outsource debtor's reconciliation

We provide you with a single window for processing, tracking,

reconciling and managing all your receivables - paper and
electronic through our online delivery platform - HSBCnet

Features
Key Features of HSBC's IRS:
• Local clearing of cheques at over 350 locations across
India
 • Faster realization of outstation cheques through
correspondent banks with a strong regional presence
covering over 5,000 locations across India
• Cheque pick-ups at over 350 locations directly from
company's offices/customers
• Single collection account for cheque deposits across the
country
• Cash concentration in the centralized collection account
• Collection reports with details of cheque number,
drawer's name, date and place of deposit and invoice
details
• Online querying on instruments deposited across the
country
• One platform for all forms of collections i.e. cheques, cash
and electronic Automated Bank
• Automated Reconciliation through integration of
collection reports with your Back Office Systems
• Reconciliation of invoices against receipts from your
customers

HSBCnet
HSBCnet
HSBCnet provides online access to a suite of global
markets, research, cash management, securities, trade
and commercial banking services presented in a format
that can be personalised to meet your needs. HSBCnet
Cash Management Solutions enable you to access
information on your accounts held with the Bank and
other banks around the world and make a range of
payments easily and efficiently. HSBCnet provides
secure, real-time access to your cash management
solutions across multiple geographies through your
browser.

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• Benefits
• Features
• FAQs
Benefits
• Secure access to real-time information and
transaction management
• Comprehensive reporting, online and via file
download
• Transaction initiations via direct input and/or file
upload
• Seamless integration with the corporate accounting
system
 Key Features of HSBCnet
Balance and Transaction Reporting
• Online access to your accounts and transactions
• Online access to the accounts of your
subsidiary/group companies banking with HSBC
through the same user ID.

Payments
Facilitates a variety of payment types including
• Electronic payments like RTGS & NEFT
• Inter-account transfers
• Cheque payments
HSBCnet also facilitates payments through a single
screen from the accounts of your subsidiaries and
group companies in India and overseas thereby
simplifying your operations.

Advising
HSBC recognizes the importance of advising the
beneficiary regarding the details of each payment.
Advising solutions become critical before you can use
any electronic payments like RTGS & NEFT for making
supplier and employee related payments. HSBCnet
provides you with the capability to customise the
payment advice as per your business needs and send
the same to the beneficiary through multiple channels
like
• Emails to up to 6 beneficiaries per payment
 • Courier

Receivables Management
 Consolidated receivables information across
electronic and paper collections
 Automated Accounts Receivables Reconciliation
using your pre-defined invoice matching parameters
 Online transaction enquiry

Bulk Disbursement Solutions

Bulk Disbursement Solutions

With HSBC's Bulk Disbursement Solution execute your
bulk payments in a smooth and seamless manner. We
have a dedicated operations services team to facilitate
bulk disbursements.

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• Benefits
 • Key Features

Benefits
Benefits of HSBC Bulk Disbursement Solutions
• One-stop comprehensive bulk disbursement
solution for the dividend disbursement
• Capability to handle large volumes
• Comprehensive coverage through our branch
network and correspondent bank branches
• Timely and accurate reconciliation and information
flows
• Dedicated service team to handle the client's
disbursements and to facilitate efficient investor
service

Key Features of HSBC Bulk disbursement solutions

 Dividend Warrants
• Dividend warrants will be payable at par at HSBC
locations with an upper limit of INR 1,00,000
• For investors residing at non-HSBC branch
locations, we provide correspondent bank warrants
at 100 locations. These warrants will be issued with
an upper limit of INR 25,000 (except for Corporation
Bank where the limit is Rs. 10,000)
• For dividend payments of value greater than INR
1,00,000 at HSBC branch locations and INR 25,000
at our correspondent bank locations, we would be
providing Demand Drafts/cashier orders payable at
 the investor's location. Our Demand Drafts/cashier
order payments cover over 900 locations in India
• Cashier Orders against warrants payable at HSBC
branch locations will be issued within 72 hours of
receiving the request. The turnaround time for
Demand Drafts will be 72 hours

 Electronic Clearing Services (ECS)

• ECS clearing is offered at the RBI available
locations
• In the event of ECS returns/rejects, Cashier Orders
and Demand Drafts can be issued within 2 working
days from the date of receipt of return/reject
information Demand Drafts for investors at remote
locations and FCY

 Demand Drafts for investors at remote locations

and FCY Demand Drafts
• HSBC has an arrangement for providing Demand
Drafts payable at remote locations (not covered
under the 117 warrant locations and the 900 HSBC
Draft locations)
• Foreign currency drafts and foreign currency
remittances can be facilitated for the client's
overseas investors/promoters

 MIS and Reconciliation Reports

 • Monthly reconciliation and paid/unpaid reports will
be provided for the first 6 months of the dividend
deal
• A final reconciliation report will be provided within
15 days of expiry of validity of the warrant
• Post such final reconciliation, a quarterly
reconciliation will be provided for the remaining
period of the warrant deal
• In addition, our Client Services team will provide
balance confirmations, as and when requests are
received from the client

 Security and Risk Control

Security and fraud control are critical for any successful
bulk disbursement solution. HSBC offers unparalleled
controls to minimize the risks
• Online Validation of Warrants
HSBC has online validation of warrants at all
branches and at select correspondent bank
locations. This will enable us to validate the
warrants before honoring the same as against post
facto validations prevailing in the market.
• Cap on Warrants
HSBC will set a cap on the warrant amount based
on mutual discussion with the client, Fore
amounyts exceeding the cap Cashier order or
Demand Drafts will be issued. This will ensure that
the risk is limited to the cap amount.
• Tamper Proof taping of Warrants
HSBC will offer taping of amount and beneficiary
name on the face of the warrant. This will obviate
 risk of fraud due to change in either amount or
beneficiary name
• 3 way verification of warrants
HSBC offer verifications in 3 stages. First, online
validation of cheque number, amount and warrant
numbers as explained above. Second validation of
beneficiary name against the master at the time of
presenting of warrants. Third, all the above details
are rechecked against the master once paid
warrants are received at HSBC. If required we have
the ability to return the warrants in the first two
stages if instructed by the client.