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Customers with accounts in Egypt: updates to statements and possible changes to ERP/automated account reconciliation systems required

Last updated: 6 March 2017

Starting 19 March 2017, we are enhancing the quality of statements for ACH Credits on Egypt accounts. These changes will enrich HSBCnet Account Information services as well as electronic bank statements. As part of this enhancement, your ACH Credit payments will be displayed with Instruction Reference Number (IRN) in the Bank reference field.


(Select image to enlarge)

The tables available here outline the upcoming changes to the ACH statement formats.

Action required
As a result of these changes, your internal ERP systems or automated account reconciliation programs may be impacted. To ensure the on-going operation of your automated reconciliation processes, we recommend you review your internal systems and, if required, update them with the new setting.

If you have any questions, please contact your HSBC representative.

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