Last updated: 10 October 2023
Starting 1 October 2023, we’re enhancing our systems in the UAE to help you better manage UAE Dirham (AED) and Saudi Riyal (SAR) currency Priority Payments.
What this means for you
As of 1 October 2023, the cut off time to submit AED and SAR Priority Payment instructions from HSBC UAE accounts in HSBCnet, HSBC Connect and SwiftNET will be extended as below:
Currency | Cut off before 1 October | Cut off from 1 October |
---|---|---|
UAE Dirham (AED) |
17:30 GST (UTC+4) |
19:00 GST (UTC+4) * |
Saudi Riyal (SAR) |
13:15 GST (UTC+4) |
14:00 GST (UTC+4) |
* The extended cut off time is applicable for AED payments debiting AED accounts. |
These cut off times apply for same day payment processing. Cut off times for all other currencies remain unchanged.
Find out more
To learn more about payment cut off times, visit the ‘Payment cut off times’ page in HSBCnet’s User Guides portal.
If you have any questions, please contact your local HSBCnet Support Centre.