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HSBC GLOBAL PAYMENTS & CASH MANAGEMENT

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. 3 rd party reporting via SWIFT MT940.

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HSBC GLOBAL PAYMENTS & CASH MANAGEMENT

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  1. HSBC GLOBAL PAYMENTS & CASH MANAGEMENT Cash Management Solutions Al Madinah International University

  2. Delivery Channel Global Online Platform - HSBCnet

  3. Global Platform. HSBCnet suggested structure Main HSBCnet Profile 3rd party reporting via SWIFT MT940 AL Madinah International Foundation AL Madinah Resources Existing/Future entities can be added onto profile as associates for increased visibility and scalability Integrated Payments Solution Integrated Receivables Solution Integrated Liquidity Solution

  4. Payments At your fingertips

  5. 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

  6. 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 Payments. Cheque Outsourcing (COS) – con’t HSBCnet Manual input for ad-hoc payments Cheque Outsourcing engine Mail Courier Draft dispatched Cashiers Order dispatched Payment File Upload from ERP Email Payment Advice Data/reports

  7. Long Advice • additional payment • details in free text • or table formats Payments. Payments advising • Short Advice • payment amount • charges detail • value date • remitter • remitting bank • HSBC transaction • reference • other reference

  8. TRANSFER DEBIT TM1 B892781331907 ZAFA-00084 20:33:31 RM260.33- Narrative in Statement Payments. Utilities Direct Debit • Automatic Direct debit Service • Remove tedious / unproductive payments over counters • 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

  9. 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

  10. Collections Raising to next level

  11. Centralised Database Consolidated Reporting A/R Reconciliation Integrated Receivables Solutions (IRS) Receivables Management System (RMS) Collection Services Integrated Receivables Solutions (IRS) HSBCnet Paper Receivables / Collection Service 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) • Cash/ cheque paid over the bank’s counter • Mail-in cheques which are processed by Lockbox • Cheques deposited directly via machines

  12. Your Customers Courier Pick-up (BES) Lockbox transaction data and images (T+1) RMS Wholesale Lockbox System Drop-Box/ Bulk Deposit (QSM) Cheques sent to the Clearing House Cheques + invoices/ pay-in slips Data & image capture Collections. Wholesale Lockbox (WLBX) - Cheques Physical cheques and invoices 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

  13. Liquidity Management For your ease of mind

  14. Earning profit on your account. Cash Concentration • Daily sweeps / reverse sweeps • Flexibility – Zero Balance, Threshold and Target • Profit calculated on daily rest and paid out on month end • Option to maintain earnings on master account or distribute back to sub-accounts • Earnings based on total end of day balances via Islamic Money Market Placement Master Account All Accounts Value Derived… Operational Funds Efficiency Decrease Borrowing Cost Reduces manual booking of rates Cost Savings from OD charges (if any)

  15. HSBC GLOBAL PAYMENTS & CASH MANAGEMENT Thank You

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