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.
Our Business Banking Solutions
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.
- Balance and transaction reporting
- Payment and transfer advising service
- Time deposits
- Cheque outsourcing
- Receivables reconciliations
- Gain more control of your foreign exchange payments with Get Rate
- 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
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.|
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 (PDF, 2.2 MB).
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 Relationship Manager
Personal Banking Account
HSBC Premier status for first 12 months1
HSBC Premier status for first 12 months1
Minimum Monthly Relationship Balance2
Monthly fee if minimum Relationship Balance not met
Local TT (PP)
Inward TT (domestic)
Inward TT (International)
ACH (non WPS)
HSBCnet set up
HSBCnet monthly fee
HSBC Corporate Card
# of cards waived from annual fee
Air Miles Points4
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
Find out more about HSBC Business Banking
Get in touch to learn more about our banking solutions and how we can help you drive your business forward.