Connecting your business to HSBC

Following on from the added security offered to account holders via a battery operated token, HSBC has now significantly increased the daily transaction limits on Business Internet Banking for internal transfer between accounts and for third party payments.

Transaction controls

A further enhancement to the service now enables a company to authorise an employee to create and save a transaction which can then be simply approved at leisure by the authorised signatory at the click of a mouse, without having to spend time creating the transaction. This unique feature allows the company to delegate non-value processing of transfer instructions to employees, whilst retaining control over the transaction.

HSBC's Business Internet Banking enables customers to access the following online: -

- Account Information
- Statement information
- Fund transfer
- Standing instructions request
- Telegraphic transfers
- Demand drafts and cashiers orders - delivered to a destination of your choice or collectable from a branch of your choice.
- Foreign exchange and time deposit interest rate enquiry
- Utility bill payment

Enjoyable banking

With upgrade, Business Internet Banking will not only save time for the customer but will also make banking enjoyable. The customer can conduct banking whenever and wherever there is access to the Internet. The benefits of this service are: -

- No long queues, banking at your fingertips
- 24 hours a day, 365 days a year access to your account
- Complete privacy and security
- Free of charge (except normal transaction-related charges that may apply)
- Preferential TT charges

Rakesh Arora, Senior Manager, Business Banking, UAE commented, 'With the increased security and transfer limits, we are confident that Business Internet Banking now provides our customers with everything they need to conduct their banking online and from the convenience of their office or home.'