Timely collections and automated receivables reconciliation is critical for efficient working capital management. That’s why HSBC’s comprehensive global receivables solutions are designed to help you manage your entire collection cycle with greater speed and efficiency. Backed by our global presence and local knowledge, this includes everything from the physical collection of funds, to data processing, to information delivery.
Paper Collections
Using our own branch and alliance bank network, Lockbox and courier pickup services, HSBC will collect your cash and coin as well as paper, digital and post-dated cheque payments.
Electronic Collections
HSBC will process your electronic collections using secure direct debits and multi-channel bill payment services. This is combined with enriched reporting to help streamline your reconciliation.
Receivables Management
Get a clearer view of receivables across all your accounts globally by consolidating details into a single database. This centralized solution gives you access to enriched data, transaction alerts, receivables advices, invoice and payment reconciliation (including exception handling), advanced reporting and online enquiry services to simplify receivables management.
