Direct Credit Payments

What are Direct Credit Payments?

Direct Credit Payments is a service that enables companies to make large volume – low value repetitive domestic payments.

Features and benefits

• Submit your instructions by Business Internet Banking or HSBCnet
• Streamline and automate regular payments to minimise administrative costs and reduce the risk of late payments
• Comprehensive suite of Direct Credit Payment 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, fax or SMS (only for transactions issued via HSBCnet)