The world's local bank
Essential for managing your working capital activities with HSBC and other banks, Balance and Transaction Reporting allows you to better manage your cash flow by enabling you to monitor your payables and receivables, making your cash management decisions and forecasting more efficient.
Balance and Transaction Reporting is available in a variety of formats through our suite of electronic delivery solutions. Our Internet banking platforms (HSBCnet & Business Internet Banking (BIB)) give you access to real-time account information to handle your assets in a competent and cost-effective way.
In addition, Balance and Transaction Reporting can seamlessly integrate with any ERP system or Treasury Workstation, to provide you with account balance and transaction information.
Key Benefits and Features
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Receive previous day account information on a daily basis, for your HSBC accounts
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Choose between a variety of electronic file formats such as BAI (Bank Administration Institute), SWIFT reporting and CSV file formats
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Access to both HSBC and third-party account balances, using HSBC Bank Canada as your consolidator
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Straight through processing of payables and receivables, allowing you to automate your bank account reconciliation
