Important changes coming in September
Several new enhancements will be introduced to HSBCnet over the weekend of 19/20 September delivering more convenience to your banking experience. Changes include: Message Centre is being made available for all HSBCnet users, Account Information enhancements for accounts in the UK, as well as viewable SPEI electronic payment receipts in Mexico.
Be sure to read on to see how these changes will enrich your HSBCnet experience.
Enhancements effective 19/20 September:
Message Centre service available for all HSBCnet Users
Effective 20 September 2015, Message Centre will automatically be available for all HSBCnet users. Message Centre provides a secure platform for HSBC to initiate administrative correspondence directly with HSBCnet customers.
The HSBCnet Message Centre features:
Confidential message option
Non-confidential messages will be sent to all users under your HSBCnet customer profile. If a message is flagged as “Confidential” by HSBC, the message content will only be visible by the intended recipient. When replying to a message from HSBC, you can select the “Confidential message” checkbox to prevent other users in your organization from viewing the message. When this option is selected, all messages in the thread will only be viewable by you and the bank.
New message e-mail alert
When the bank initiates a message via Message Centre, an e-mail alert will be sent to the e-mail address associated with your user profile. This e-mail serves as an advisory to login and review your Message Centre inbox. The e-mail alert will not contain any confidential information related to your profile or accounts.Message Centre entitlements
Please note that only entitled users will be able to initiate administrative and transactional queries with HSBC. If you do not have the necessary entitlement, the ‘Create’ button will not be visible in Message Centre. If you need to be able to create messages in Message Centre, speak to your HSBCnet System Administrator to grant you the ‘Create’ entitlements for any Message Centre services you require.For detailed information on how to use Message Centre please review the Message Centre User Guide available in the on-screen Help Text or contact your local HSBCnet Support Centre.
Account Information service enhancements for customers with accounts in UK
Effective 20 September, customers with UK Current, Savings and Foreign currency accounts will have an enhanced Account Information service on HSBCnet.
After the effective date, you will see the following features in your Account Information screen:
- The Recent transactions tab will display the most recent transactions in real time. You will also have the options to Print the transactions and/or export to CSV;
- Historic statements view tab will include options to Print statements and export to CSV;
- Historic statements download will enable you to export statements to PDF in default statement order; and
- The View account interest information button within the Historic statements view will provide you with debit and credit interest rates for UK Business Current and Savings accounts.
Customers with accounts in Mexico: New SPEI payment enhancement
Effective 20 September 2015, as part of regulatory requirements stated by the Mexico Central Bank (BANXICO), Sistema de Pagos Electrónicos Interbancarios (SPEI)* payments that have the status ‘Accepted by beneficiary bank' will have the option to View Electronic Payment Receipt.
In compliance with the local Mexico regulation, you will now be able to view SPEI electronic payment receipts via HSBCnet’s ‘Payment Summary Service.
The View Electronic Payment Receipt option is enabled 30 minutes after the payment has reached the status of ‘Accepted by beneficiary bank’. You will be able to view the electronic receipt for up to 35 days.
The Electronic Payment Receipt is generated by the Mexico Central Bank (BANXICO) and will be available on the BANXICO website for 45 working days after the payment has been processed.
To print the receipt from HSBCnet, select View Electronic Payment Receipt in the Payment Summary Service screen.
A new window will open and direct you to the BANXICO website where you will have the option to print the electronic receipt.
Please note, receipts are only available for SPEI payments that meet the following requirements:
- Debit Account - HSBC Mexico Account
- Credit Account - Local Mexico Account
- Payment Currency - MXN
- Debit Account Currency - MXN
For additional information regarding this enhancement please review the Help Text within the Payment Services screen or contact your local HSBCnet Support Centre.
*SPEI payments are local Mexico Priority Payments.
Trade service enhancements on HSBCnet
Effective 20 September 2015, the Guarantees and Standby Documentary Credit service will be enhanced to support the following languages: French, Canadian French and Simplified Chinese. For more information, please contact your local trade representative.
Supply Chain Solution Approved Invoice
Effective 21 September 2015, the HSBCnet Supply Chain Funding Report will be available in Excel format. This report is used by Supply Chain Buyers, and is generated prior to invoices being settled. You can use this report to view information on outstanding approved invoices whose maturity date falls on or before the next settlement processing date. It also displays outstanding fees and interest related to the Approved Invoices. The current text format remains unchanged; therefore Buyers have the option to download this report in either text or Excel format, from the HSBCnet Reports and Files Download service.
For further assistance regarding this enhancement, please contact your local HSBCnet Support Centre.
Global Disbursements service: Enhanced beneficiary management
Effective 20 September, Global Disbursements (GD) customers using Beneficiary Templates will be able to add and amend their templates via the enhanced ‘Create new beneficiary’ and ‘Item Search’ features within the GD service.