BusinessVantage

PRODUCTS AT A GLANCE

Savings	Payments	Business Card
Current	Commercial Insurance	Loans and Finance
Time Deposits	Investments	Trade and Supply Chain

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INTEGRATED ACCOUNT SERVICE

With one single account number, BusinessVantage combines a range of deposit and investment¹ accounts for your easy management:

• Hong Kong Dollar Savings
• Hong Kong Dollar Current
• Foreign currency savings available in 11 currencies - including US dollar (USD), Euro (EUR), Pound sterling (GBP), Australian dollar (AUD), New Zealand dollar (NZD), Japanese yen (JPY), Canadian dollar (CAD), Singapore dollar (SGD), Swiss franc (CHF), Renminbi (RMB) and Thai baht (THB)
• Time Deposits
• Investments¹

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FULL-RANGE CHANNEL SUPPORT

With BusinessVantage's comprehensive range of convenient and interactive channels, you can access your accounts and manage your business easily.


Business Internet Banking

• Check account balances and transaction history
• Download account statements into Excel file format
• Make fund transfers, local payments and telegraphic transfers
• Check the status of issued cheques
• Buy and sell foreign currencies at pre-set exchange rates, amounts and dates; or enquire real-time exchange rates
• Pre-order bank notes in 11 major currencies and pick up at a Commercial Service Centre
• Perform trade transactions
• Place time deposits
• Manage investment¹ portfolios - trading of Hong Kong stocks and unit trusts, and subscriptions for IPOs and structured investment products

For more details, please click here.

Mobile Banking Service*

An additional new channel for you to access basic account information, just when you need it most. For simplicity and peace of mind, you can access this service using your Business Internet Banking login credentials.

• Account balance enquiry - view account balance and account details
• Account details - account limits, ledger balances, total holdings and available balances in any selected account
• Transaction history - view details of transactions since last statement cut-off date
• Third-party payments - payment to registered beneficiaries in Hong Kong
• Stock trading - buy and sell local stocks
• Bill payment - pay bills of registered merchants
• Authorisation - authorise fund transfer and bill payment instructions prepared by other users
• Rates enquiry - enquire latest exchange rates and time deposit interest rates

* Mobile Banking supports iPhone, iPad, iPod Touch, HTC Desire (with Android OS 2.1 or 2.2) and Samsung Galaxy S i9000 (with Android OS 2.1 or 2.2)

For more details, please click here.

Business Debit Card

• Access to cash and more through Automated Teller Machines (ATMs) via the HSBC, Hang Seng Bank as well as China UnionPay networks for your day-to-day banking needs
• Covers more than 1.1million ATMs worldwide and over 120,000 China UnionPay ATMs in mainland China
• Enjoy purchase convenience by debiting your account automatically through the EPS networks or China UnionPay
• Enjoy discount offers at selective China UnionPay accepting merchants

Additionally, Company ATM Card and Company Deposit Card with specialised features are available.
 

Automated Teller Machines (ATMs) & Self-service Machines

• Easy access to your account through our extensive network of over 1,300 self-service banking machines in Hong Kong and a global network of over 1.1million ATMs.

For more details, please click here.

Phonebanking

• 24-hour automated phonebanking services for account enquiries and a wide range of payment instructions

For more details, please click here.

Commercial Service Centres and Branches

• Conduct account transactions efficiently through our Commercial Service Centres dedicated to business customers, and all HSBC branch counters in Hong Kong (except HSBC Premier counters)

For more details, please click here.

FREE SMS/Email alerts

Our BizAlert service enables you to keep track of your company's account activities via email and/or SMS effectively. You can enjoy six FREE BizAlerts including:

• Account overdrawn: Alerts you when your account has overdrawn its available balance
• Inward payments: Enables you to monitor all inward payments credited to your account
• HKD cheque return: Notifies you when a HKD cheque deposit to your account has been returned
• Investment order confirmation: Notifies you when your stock purchase or sale order has been executed
• ForEx Switching notification: Notifies you when your ForEx Switching instruction has been executed
• Your special offer: Alerts you of our special product or service offers

Click here for more information on BizAlerts.


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PAYMENT SERVICES

With Business Internet Banking, you will be able to enjoy:

• Extended cut-off time
• Online value added services, including Real-Time Exchange Rate, SMS/email payment notifications
• Competitive rates for remittance charges
• Same day crediting of funds to HSBC in mainland China and Taiwan, and the Bank of Communications in over 90 cities across mainland China²
• Fee waived for Chinese character input

Click here to find out more about our complete payment solutions.


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CASH AND CREDIT MANAGEMENT SERVICES

To support your business growth, BusinessVantage provides you with more flexible options to manage your cash flow effectively.

Business Revolving Credit up to HK$500,000 ³

• Evaluation result can be obtained within 48 hours upon receipt of all supporting documents by the Bank
• No financial statements required for eligible customers
• No tangible assets to be pledged^
• Only 4% of your monthly outstanding balance for repayment
• No interest charged on unused credit

^"Personal Guarantee by Individuals" is required for Limited Companies.


Auto-sweeping up to HK$20,000⁴

• Automatically transfer funds from your HKD savings account to cover the overdrawn amount of your HKD current account the next working day
• No unauthorised overdraft handling charge
  
  

Overdraft protection up to HK$10,000⁵ 

• Enjoy this service to avoid unauthorised overdrafts if your BusinessVantage account has an average deposit balance of HK$100,000 in the previous month

Secured Credit Facility up to HK$10,000,000⁶

As a standby credit line with no financial statements required. This can be utilised for Overdraft, Documentary Credit (DC) Issuance, Bank Guarantee Issuance and Trade Finance. Acceptable types of secured assets include Hong Kong Dollar (HKD) and Foreign Currency Time Deposits, Bonds, Certificates of Deposits (CDs), locally quoted Unit Trusts and shares


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For more details on the Notes / Terms and Conditions, please click here.

Important Risk Warning

• Unit Trust is NOT equivalent to a time deposit
• In the worst case scenario, the value of the funds may worth substantially less than the original amount you invested (and in an extreme case could be worth nothing)
• Investment involves risks. Past performance is no guide to future performance of the funds
• The value of investments and the income from them can fluctuate and is not guaranteed. Investor may not get back the amount they invest
• Investment returns not denominated in HKD or USD are exposed to exchange rate fluctuations. Rates of exchange may cause the value of investments to go up or down
• Please refer to the offering documents of the respective funds for details, including risk factors
• The contents of this document have not been reviewed by the Securities and Futures Commission