Business Banking

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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.

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

HSBC’s digital solutions for trade finance is the most efficient and easy to use on the market, as well as from a risk insurance to keep production running.

Pallak Seth Vice Chairman & Founder, PDS Multinational

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 solutions are available for UAE domiciled businesses with an annual turnover not exceeding AED 180 million or USD 50 million equivalent, and who are relationship managed by a UAE Business Banking Relationship Manager as part HSBC’s Business Banking Proposition.

Product and
Service Type
Business Banking
Standard
Business Banking
Elevate1
Business Banking Vantage1
Dedicated service  
Dedicated Relationship Manager
Yes
Yes
Yes
Accounts  
Current Account
Yes
Yes
Yes
Call Account
Yes
Yes
Yes
Personal Banking Account
No
HSBC Premier status for
first 12 months1
HSBC Premier status for first 12 months1
Minimum Monthly Relationship Balance2
AED100,000
AED500,000
AED1,000,000
Monthly fee if minimum
Relationship Balance not met
AED150
AED750
AED1,500
Payments3  
International TT
AED55
AED35
AED25
Local TT (PP)
AED45
AED25
AED20
Inward TT (domestic)
AED1
AED1
AED0
Inward TT (International)
AED25
AED3
AED1
File Upload
AED30
AED20
AED10
Payroll solutions  
ACH (non WPS)
AED10
AED4
AED2.5
WPS
AED5
AED3.5
AED2.5
HSBCnet  
HSBCnet set up
Fee free
Fee free
Fee free
HSBCnet monthly fee
AED300
AED200
AED100
HSBC Corporate Card  
# of cards waived from
annual fee
0
5
10
Air Miles Points4 
No
10,0005
25,0005

 

1 The eligibility criteria for HSBC Premier is waived for the first 12 months. Terms and conditions apply. For further details, please speak to your relationship manager

2 The average total relationship balance is calculated on a calendar month basis, and is the total of the closing balance of all the demand deposit accounts, term deposit accounts and deposits under lien at the end of each day divided by the number of calendar days in the month. Foreign currency accounts (including demand accounts, term deposit accounts or deposits under lien) are considered for the calculation of the average relationship balance, based on the average currency balance of the billable month, converted to AED at spot rate of the interest payment date.

Balances held by separate legal entities within a group of companies are not taken into consideration for the average relationship balance calculation. The applicable monthly fee will be charged two complete calendar months after the subscription date. As an example, for a subscription processed on 15th August, the first calculation to establish the average total relationship balance will be for the month of November, with the monthly fee (if applicable) paid in December.

3 The prices above do not include charges imposed by other banks. It is agreed that other banks’ charges in relation to a transaction requested by you (i.e. payments remitted or received) are not within our control and will be paid by you without recourse to us. Certain clearing systems do not recognise charge type ‘OUR’ including payments cleared through the USA (and some other markets). Whenever a payment is made and charge type ’OUR’ is not recognised, it may be changed to charge type ‘SHA’ or ‘BEN’ meaning that the total amount being sent by the remitter will be reduced by the applicable amount of the correspondent bank charge for receiving the payment

4 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

5 A one-time bonus of Air Miles will be credited when setting up a corporate card for the first time. 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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