Important notice

26 March 2020

Please note we have made some changes to our Business Banking fees and charges to support our customers over the next few months. 
Find out more

Business Banking

Where the brightest minds make the biggest sparks
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Your dedicated team can offer you a suite of products and services to help your business thrive.

Our Business Banking Solutions

Working capital

Working capital

It’s very important to partner with the right bank. HSBC believes in us, understands our dreams and helps us grow

NADEEM RAZA CEO, DIA33

Working capital

The fuel of business growth, we provide business loan with flexible repayment on VAT trade and equipment loan and other solutions to help manage your expense. To have more control over your monthly outgoings and own your premises, we provide commercial mortgages to support your needs.

Cash management

Cash management

It's no secret that cash flow is an essential part. Products from HSBC help the business manage the cash flow better.

ZAHRAN AL AUFI MANAGING DIRECTOR, FALCON OILFIELD SERVICES

Cash management

Take greater control of your treasury functions and efficiently manage payments and cash flows. We can help you to reconcile, monitor and manage your receivables more efficiently. We offer a streamlined cheque authorisation process and we can settle utilities or government-related payments through prompt and secure methods.

Trade services

Trade services

Suppliers trust us because HSBC gives them a high level of comfort, this helps us to bring in new business

ZAHRAN AL AUFI MANAGING DIRECTOR, FALCON OILFIELD SERVICES

Trade services

HSBC's global network in 65 countries, covering 90% of global trade flows and providing you with end-to-end support and guidance. Form Import/ Export, Guarantee & Standby letter of credit to Receivable finance.

Corporate cards

Corporate cards

Corporate cards

To better manage employee expense and procurement needs, HSBC provides Corporate Card to cover day-to-day expenses. You could also enjoy a waiver of the annual fee for up to 15 cards.

Foreign exchange

Foreign exchange

Foreign exchange

We can help you simplify your international transactions. Our Get Rate tool provides a fast, efficient way to make foreign currency payments based on the most current rate and international banking information.

Payroll solutions

Payroll solutions

HSBCnet is excellent for setting up salary payments, and it really is a very secure one-stop shop

MATT SLATER OWNER, SEVEN MEDIA

Payroll solutions

We have payroll solutions for every employee in your business. Our solutions will remove manual processes, save your accounts team time and make reconciliation much simpler.

Business loans

Business loans

We know that HSBC is there to evaluate the opportunity and to fund it when the time is right

AZAD VIRGI, CEO ADI INTERNATIONAL

Business loans

Fuel growth with flexible repayment on VAT Trade and Equipment Loans, plus many other solutions to help manage expenses.

Commercial mortgages

Commercial mortgages

This product sends a strong message of commitment to stakeholders and helps retain value in the business.

MILES THORNHILL, HEAD OF BUSINESS BANKING, UAE, HSBC

Commercial mortgages

Own your own premises, giving you more control over your monthly outgoings. Tenor’s available for up to 15 years.










Online banking is a super tool, very secure and efficient, saving us time

VIJAY MANEL, MANAGING PARTNER, PK INTERNATIONAL LLC

HSBCnet

Our award-winning flagship banking platform provides a single portal from which to control accounts at both the regional and central treasury level. It can facilitate all your banking needs to improve efficiencies and give you greater control of your finances. Here’s an overview of what the platform offers.

 

Cash management:

  • Balance and transaction reporting
  • Payment and transfer advising service
  • Time deposits
  • Cheque outsourcing
  • Receivables reconciliations

Trade services:

  • Import DC applications, DC amendments and import bill instructions
  • Import finance
  • Export DC confirmation
  • Pre-shipment finance and post-shipment finance
  • Guarantee applications, amendments and cancellations

Foreign exchange:

  • Get Rate

Our Business Banking options and eligibility

We have designed 3 Business Banking options, so you can choose which one fits your business best. All our other products and services will be priced as per our HSBC Corporate Tariff and Charges.

HSBC also provides broader trade finance, cash management, lending and treasury services to all Business Banking customers, subject to credit and other considerations.

Our HSBC Business Banking UAE solutions are available to businesses with an annual turnover not exceeding AED 180m or USD 50m equivalent.

Existing HSBC Business Banking customers - your Relationship Manager will shortly be in contact in order to help you transition to an HSBC Business Banking UAE Solution of your choice, with relevant pricing changes applicable from 01 January 2020.

HSBC Business Banking Standard
HSBC Business Banking
Elevate1
HSBC Business Banking
Vantage1
Dedicated service
Dedicated Relationship Manager
Yes
Yes
Yes
Accounts2
Minimum Monthly
Relationship Balance3
AED 100,000
AED 500,000
AED 1,000,000
Monthly fee if minimum
Relationship Balance not met3
AED 150
AED 500
AED 1,000
Current Account
Yes
Yes
Yes
Call Account
Yes
Yes
Yes
Personal Banking Account
NO
HSBC Premier status for first
12 months4
HSBC Premier status for first
12 months4
Payments
International TT
AED 55
AED 30
AED 20
Local TT (PP)
AED 45
AED 20
AED 15
Inward TT (domestic)
AED 1
AED 1
AED 0
Inward TT (International)
AED 25
AED 0
AED 0
FLU (File Upload)
AED 30
AED 20
AED 10
Payroll solutions
ACH (non WPS)
AED 10
AED 2
AED 0
WPS
AED 5
AED 2
AED 0
HSBCnet
HSBCnet set up
Fee free
Fee free
Fee free
HSBCnet monthly fee
AED 300
AED 150
Fee free
HSBC Corporate Card
# of cards waived from annual fee
0
10
15
Air Miles Points5
No
10,0006
25,0006

 

1 Preferential rates under the “Elevate & Vantage” solutions are applicable only for online / HSBCnet payments.
2 A monthly fee will apply if minimum Relationship Balance not met.
3 Calculated based on the monthly average.
4 Eligibility criteria waivered for first 12 months, during this time no credit facilities will be offered, however you can choose to meet our eligibility criteria at any time to benefit from the full service.
5 Earn 1 Air Mile for every AED 2 (or 2 Air Miles for every USD 1 spent on USD Cards) spent on your HSBC Corporate Credit Card.
6 A one-time bonus of air miles points will be credited when setting up the first corporate card for the company. This offer is not applicable for Purchasing Cards, Lodged Cards or Virtual Cards

How can we help today?

Make a business account enquiry

Find out more about HSBC Business Banking

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