Payments & Cash Management

Welcome to the Payments and Cash Management (PCM) HSBC Africa

In a nutshell, PCM helps our clients together with their corporate treasurers to:

• Move their cash either the cash they receive from their customers, or pay to their staff and suppliers
• Have visibility, control and access to their cash how much, in what currencies and countries
• Invest their cash. We help clients manage their liquidity to ensure they make their cash work hard for their businesses.

Our business is made up of almost 10,000 people, across more than 60 countries. HSBC PCM is uniquely positioned to help clients make payments across borders, across currencies and regulations, quickly and cost effectively with dedicated in country and regional support.The most important way we help customers is through our international connectivity.Our experts work with colleagues and clients across the world, helping customers do business across borders.

Payments and Cash Management is one of HSBCs global product lines. We are part of global Commercial Banking and Global Banking and Markets and we support relationship managers by providing the products and expertise their customers need.

Key facts

• HSBC has been voted by our customers from Financial and Non-Financial Institutions as the best cash management bank in the world in Euromoneys Cash Management Survey.
• HSBCnet and HSBC Connect are used by over 70,000 clients (and growing), comprising more than 435,000 corporate users located across 205 countries and territories. Users initiated over 352 million payment transactions so far this year.
• HSBCnet Mobile has 6,000 customers who have authorised over 40,000 payments worth a total of $5bn in 67 markets
• The largest user instructed USD110m of payments and the biggest single transaction was USD10m
• PCM across North America is the 3rd largest mover of US$ in CHIPs and a key originator of ACH payments, the largest foreign bank PCM business in Canada and overall PCM business in Bermuda.
• Leadership across the Middle East, with geographical coverage of 14 countries.
• Leadership across 20 markets in Asia Pacific.
• Access to more than 50 major clearing systems across Europe.

Download Integrated Client Management Brochure (PDF 373KB)

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