HSBC GLOBAL PAYMENTS & CASH MANAGEMENT
Cash Management
Solutions Al Madinah
International University
Delivery Channel
Global Online Platform - HSBCnet
Global Platform. HSBCnet suggested structure
Main HSBCnet Profile
3rd party reporting
via SWIFT MT940
AL Madinah International
Foundation
Existing/Future entities can be added onto
profile as associates for increased
visibility and scalability
AL Madinah Resources
Integrated Payments
Solution
Integrated
Receivables Solution
Integrated Liquidity
Solution
Payments
At your fingertips
Payments. Cheque Outsourcing (COS)
• Outsource the entire cheque issuance process to HSBC, including issuance, printing, and delivery
• Cheque delivery options include delivery to client offices, or delivery to beneficiaries
Advantages to AL Madinah International University
• Maximise security by eliminating need to maintain cheque inventory at Client offices
• Redeploy Client’s finance staff to more value-added tasks
• Option to upscale for auto reconciliation
Payments. Cheque Outsourcing (COS) – con’t
Manual input
for ad-hoc
payments
HSBCnet
Cheque
Outsourcing
engine
Draft dispatched
Mail
Courier
Cashiers Order dispatched
Payment File
Upload
from
ERP
Payment Advice
Data/reports




Reduce manual processing by outsourcing your cheque payment processing
Simplify authorisation of cheques – no longer need to manually sign every cheque
More security through the PositivePay validation at the point of cheque presentment
Simplify reconciliation and management through comprehensive cheque reports
– issued, presented, stale, stopped, etc.

Greater convenience and control through
– Flexible cheque delivery options to your beneficiaries
–
–
Warehouse future value dated transactions
Online stop payment instruction for cheques
Email
Payments. Payments advising
Short Advice
• payment amount
• charges detail
• value date
• remitter
• remitting bank
• HSBC transaction
reference
• other reference
Long Advice
• additional payment
details in free text
or table formats
Payments. Utilities Direct Debit
 Automatic Direct debit Service
 Remove tedious / unproductive payments over counters
TRANSFER DEBIT
TM1
B892781331907
ZAFA-00084
20:33:31
RM260.33-
Narrative in Statement
 A Capped limit can be set to avoid “over-billing”
 MYR2.00 rebate per account for Telekom
 MYR5.00 rebate per account for Maxis
Saves Management Time for Repetitive Payments
Payments. Advantages to AL Madinah International University
 Streamlined payments process
– Information is directly fed to HSBC from ERP and information is returned for reconciliation
– Remote authorisation & enhance control of payments.
 Significant reduction in manual effort pre/post payments.
– Optimise resources as manual unproductive work is outsourced to HSBC.
– Payment advices to reduce the frequency of beneficiary enquiry on payment status.
 Security of process and reduce the risk of fraud
– Information directly from ERP reduces risk of errors
– Positive pay encryption to ensure peace of mind in the local environment.
 Beneficiary advising via e-mail
 Comprehensive payment activity reporting
– Audit trails
– Payment activity reports
Collections
Raising to next level
Integrated Receivables Solutions (IRS)
HSBCnet
A/R Reconciliation
Integrated
Receivables
Solutions
(IRS)
Centralised
Database
Receivables Management System (RMS)
Paper Receivables /
Collection Service
Collection
Services
Consolidated
Reporting
• Cash/ cheque paid over the bank’s
counter
• Mail-in cheques which are
processed by Lockbox
• Cheques deposited directly via
machines
Electronic Receivables/
Collection Service
•
•
•
•
•
Local/ International Wire Transfer
ACH Credit
Direct Debit
In-house Transfer
Direct Debit via Credit Card (recurrent
payment)
• Bill Payments (ATM, Internet)
Collections. Wholesale Lockbox (WLBX) - Cheques
Your Customers
Cheques +
invoices/ pay-in
slips
Lockbox transaction
data and images (T+1)
Courier
Pick-up
(BES)
Drop-Box/
Bulk
Deposit
(QSM)
Physical
cheques
and
invoices
Wholesale
Lockbox
System
Data & image
capture
RMS
Cheques sent to
the Clearing
House
Standard :
Basic info: cheque number, amount, invoice
number, payor ID…
Enhanced :
Additional info: invoice issuance and due date,
invoice references
Premium :
Whatever data capture parameters the
customer has pre-agreed with the bank
Liquidity Management
For your ease of mind
Earning profit on your account. Cash Concentration
Daily sweeps / reverse
sweeps
Flexibility – Zero Balance,
Threshold and Target
Master Account
Profit calculated on daily
rest and paid out on
month end
Option to maintain
earnings on master
account or distribute back
to sub-accounts
All Accounts
Earnings based on total
end of day balances via
Islamic Money Market
Placement
Operational Funds Efficiency
Decrease Borrowing Cost
Reduces manual booking
of rates
Cost Savings from OD
charges (if any)
HSBC GLOBAL PAYMENTS & CASH MANAGEMENT
Thank You