Receivables Management

Controlling of receivables is a key objective for every company. Whether it is a single transaction or in bulk, a timely and accurate receivables management solution is required to maximize the cash flow benefit.

HSBC guarantees same day value for all incoming payments.

Incoming payments can be paid to an individual account (Virtual Account) assigned to each payer. Thanks to the electronic reports containing all incoming payment reconciliation, it is very efficient and time effective. The solution is addressed to Customers with multiple payers. Another tool, that can be applied to collect funds from multiple payers is Direct Debit. HSBC offers Direct Debit which is initiated by Customer in due date and is submitted to bank in electronic manner (via Multicash). For its Customers HSBC provides also physical cash collection
facility.

Key features and benefits:

• Timely and accurate receivables management solutions.
• Electronic reporting - all payments' information in one place.