Optimise

HSBC Payment Facility

Contact us to find out more about our corporate card solutions.
A smarter, more efficient way to pay suppliers.

Why B2B Payment Facility

  • Businesses are evolving, but the way they pay each other follows the same procure to pay model.
  • Improve terms with suppliers without impacting your DPO (Days to Pay Outstanding).
  • While there are financing alternatives in the marketplace, not every party in the supply chain supports them. This may result in suboptimal utilisation of solutions available to improve cash flow.

Discover a smarter, more efficient way to pay suppliers with HSBC B2B Payment Facility.

B2B Payment Facility solves the problem of a simple and streamlined payment method that provides extended cash flow.

This could be the right solution for you

  • Pay any supplier from your corporate card limits, whether they accept cards or not.
  • Accelerate payments to suppliers without impact to DPO.
  • Make payments direct to supplier bank account following approval flow.
  • Fully digital journey.

Key Features

Control

Reconciliation

Simple Fee Structure

  • Select which staff are to have access to make payments.
  • Set a maximum transaction limit for each user.
  • Set approvals flows for payments.
  • B2B Payment Facility is a simple addition to your existing HSBCnet1 profile.
  • Supports buy side and supply side process improvements.
  • Buyer invoice data can be associated with the bank transfer to the supplier to support supplier reconciliation.
  • Works in harmony with existing Accounts Payable & Accounts Receivable invoice payment processes.
  • A simple fee structure addressing your business needs.
  • Fully buyer driven - no need for supplier contracting.
  • Choose when your business receives monthly statements, and settle via Direct Debit.
  • Have between 41 and 91 days’ interest-free credit, depending on the terms you agree with us.

Eligibility

HSBC B2B Payment Facility is only available to companies whose business turnover is greater than £25m p.a.

To find out more, talk to your HSBC UK Relationship Manager.

Insights

Explore our industry insights and banking capabilities in a simpler way

Need help?

If you have question about our products and services. please click Chat with us.