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autoPay-out

What is autoPay-out?

  • autoPay-out enables companies to make HKD payments to any current or savings account with HSBC or other local bank for a specified amount on designated dates
  • This service is ideal for recurrent high volume, low-value transactions such as salary and dividend payments.

How can autoPay-out benefit you?

  • Save over 50% on autoPay transaction costs when submitting payments through Business Internet Banking. See our Online Preferential Pricing page for details
  • Streamline and automate regular payments to minimise administrative costs and reduce the risk of late payments
  • Complete set of autoPay reports available, providing valuable management information

Features

  • Submit your instructions by Business Internet Banking, HSBCnet or machine readable input (MRI)
  • Comprehensive suite of autoPay reports provided online and in hard copy
  • Beneficiaries' accounts credited with the amount due on designated dates.
  • Optional credit advice issued to your beneficiaries via email or fax (only for transactions issued via HSBCnet)

Next steps

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