How does hsbc bill pay work

Pay a company or person using Bill Pay. Send money to any person in the U. To set up a payee you need to log on to Personal Internet Banking. Your account with the company.

Account number with payee if you do not have account number with payee, the account number field can be used as a memo line. This guarantee does not apply to business clients using Bill Pay. The guarantee does not cover business and commercial accounts, accounts at other financial institutions or accounts that are not covered under Regulation E. Assumes client account safeguarding, personal firewalls and online security diligence outlined in HSBC's Security and Fraud Center website.

Pay bills online Pay a company or person using Bill Pay. Click Pay a Bill , the button above transactions on the account dashboard.

Start by typing the payee's name in the search box. If you can't find the payee you're searching for, an Add Payee Manually button will appear. This field will appear on the memo line of the check they receive from HSBC. In the To section below, click Pay a Bill Payee. Select a Bill Payee from your existing payee list.

You can select up to five, to pay multiple bills. Click on the Continue button. Enter the amount you want to pay. Choose between a recurring transfer or a one-time payment.

Select a Deliver by Date , which is the date your payee will receive your payment. The calendar will present you with the earliest deliver by date available. You can schedule a same day payment up until 4 pm ET. Note: If the Bill Payment falls on a weekend or U. The Withdraw on Date will note when the money will be withdrawn from your HSBC checking account and sent to your payee.

Check the details of your payment on the Review page and select Confirm to process the bill payment. Now that your payee has been set up and a first payment has been made to that payee using Personal Internet Banking, you can easily make a one-time or future-dated payment through the mobile app. Select who you want to pay by tapping My Bill Payees.

Such an approach is designed with an emerging markets-led and financing-focused strategy in mind. So simplify your day-to-day processes and speed up your access to account details with HSBCnet, our corporate internet banking platform which connects you to people, companies and markets worldwide. Making payments is easy. You can save time by creating general templates that store basic information required to simplify your repetitive payments. You can also create a variety of payment types by following our intuitive step-by-step instructions.

As for security, you can create restricted templates to limit changes to authorised staff. Additionally, you can improve speed and reduce error rates when making payments with automated validation checks, look-up lists and input fields pre-formatted to your requirements.

You can enter payments accurately by searching our comprehensive list of banks and clearing codes, which can be filtered by country and city. Furthermore, you can handle larger volumes of payments with our File Upload feature. There's no need to re-enter additional information — simply submit payment files that you've created in your back-office system directly to HSBC. To ensure that your payments are timed precisely to make best use of your cash flow, you can create one-time payment instructions in the required currency and store them for up to 45 days prior to the effective date.

Once a payment has been made, you can send detailed e-mail payment notifications with to up to six recipients in supported local languages. Transact your payments safely and reliably with HSBCnet. Get added protection against errors and internal fraud by setting up internal payment authorisers to align with your corporate structure, audit and compliance needs. Make your payments more secure in HSBCnet by specifying the number of users required to authorise a payment, as well as the combinations of user levels for differing values of payments.

It also lets you extend your business day by choosing to assign authorisers that work in different time zones than those who create the payment. You can keep yourself updated through the payment authorisation tool, which allows you to view company transactions awaiting authorisation and informs authorisers of any outstanding actions for processing. Simplify your collections process with HSBCnet.

You can keep track of your receivables activity, including images of processed invoices and cheques. Your receivables can be handled manually or through predetermined rules that you have set up. Save time by creating payor profiles, including information on discounts and how collections will be handled to align with invoices. Send notifications by e-mail to provide your recipients with receivables detail in your own words, or other information, including past due invoices or invoice status.

Time deposits : Manage your cash surplus effectively by initiating interest rate enquiries, and executing time deposit placements and maturity instructions. This is available across a number of markets in multiple currencies per location and with flexible tenures ranging from overnight to five years.

You prepare and approve cheque payments, and HSBC handles the printing and delivery, saving you time and effort through reduced administration. Typically, Cheque Outsourcing Service is used for non-urgent payments. Links on this page may allow you to access other websites. Please read the linked websites' terms and conditions. Please read the terms and conditions of the linked website, which may differ from the terms and conditions of hsbc. This page, and the following pages, may contain information supplied by a third party.

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Online Security. About HSBCnet. Customer Support. HSBC websites. Skip to: Primary navigation Main Content Footer. Key features One easy-to-use consolidated interface gives you comprehensive and global cash management, trade and supply chain, securities and global markets solutions Keep track of your payments, receivables, liquidity and the changing value of your assets — all with one secure, global solution.

Flexible reporting tools help you manage your cash flow and supply chain needs Multilevel, end-to-end security Customisable workspace and choice of HSBCnet in supported local language and time zone Centralised, automated and scheduled enhancements means there is no need to download software updates Comprehensive, yet easy to use with intuitive navigation, online learning resources and telephone support in your local language when you need it Convenient Internet access while in the office, on the road or in different countries Align with your in-house Treasury Management Systems and Enterprise Resource Planning systems Getting started with HSBCnet is easy using our step-by-step instructions to guide you through your first time log on and additional support options available once you have access to an HSBCnet profile.