Manage

Cash management

Solutions that help you achieve your business objectives.

Cash operations

Superior services that allow you to manage your business transactions with speed and simplicity.

Cash collection services

We are arranging all necessary steps to properly organize cash collection activities from your merchant(s) and credit delivered cash to respective account numbers. You may also benefit from shipment services when cash is transported from the Bank to your offices/premises.

Equipment finance

Interest rate starting from 3% per annum for equipment import financing.

Documents required for Account opening

Documents/Information required for opening a bank

Corporate Credit

Get access to a range of long and short-term loans designed to meet the specific funding requirements of your business.

Term loan

Term loans are facilities with limits amortizing in line with the repayment of portions of their principal amounts.

Credit card solutions

Use corporate credit card for all your business related expenses.

Overdraft

Overdraft is a type of revolving limit, which allows the Borrower to have a negative balance on the current account in the respective currency granted with fixed term (the limit is generally granted for up to 3 years) subject to annual reviews.

Revolving loan

Revolving loans represent a working capital finance tools with fixed term (generally for a period of up to 3 years) subject to annual reviews.

POS terminals

The installation procedure for HSBC Bank Armenia account-holders is quick and straightforward.

Autopay payroll service

The Autopay payroll service is a simple and easy way for making regular payments of salaries to the personal accounts of your employees.

Global payables

Simplify processes by making electronic and paper-based domestic and international payments quickly and easily. Using our global payables solutions, you will be able to manage expenses and payments more effectively, while also minimizing your exposure to payment fraud. Reconciliation is also faster, which can help further streamline payments management.

Money transfers

Efficient and secure way of transferring and receiving funds

Other Services

Bank Account Statements/Other Documentation Delivery

Chequebooks

Chequebook provides the opportunity to make payments to individuals from your Company’s accounts when it is not feasible to do it via bank transfer.

Current account

HSBC Bank Armenia’s current account is a gateway to our entire network of international connections and capabilities.

Time deposit

Earn interest on cash reserves while keeping funds available for your business.

Terms and conditions

General Terms and Conditions for the Operation of Customer Bank Accounts, Bank Deposits, Electronic Banking and Other Banking Services

Bank account advices

Bank account advices/statements provision and power of attorney issuance

Global receivables

HSBC Bank Armenia could help you manage your entire collection cycle with greater speed and efficiency.

Cash Operations

Cash collection services

We are arranging all necessary steps to properly organize cash collection activities from your merchant(s) and credit delivered cash to respective account numbers. You may also benefit from shipment services when cash is transported from the Bank to your offices/premises.

Liquidity, liability and investments

Increase the efficiency of your operations by managing cash via our liquidity, liability and investment solutions.

POS terminals

We provide card acquiring services to our commercial customers via POS terminals at the points of sale as well as at online platforms which allow the merchant to offer non-cash payment options to its consumers. Point of sale systems are widely used in supermarkets, restaurants, hotels, various trading outlets, boutiques, entertainment complexes, clubs, casinos, as well as almost any type of retail establishment. The installation procedure for HSBC Bank Armenia account-holders is quick and straightforward.

Transfers in Chinese RMB (YUAN)

Remittances to China are possible in Renminbi (Chinese Yuan) with HSBC Bank Armenia.

Combined limits

Various revolving facilities may be aggregated under a combined limit

Fees

Credit activities of the Bank assume individual approach to each Customer and to each deal. In this section are presented general approaches that serve as guidance when defining credit fees, while the final terms and conditions of each deal/service are defined on a contractual basis.

General terms and conditions

Credit activities of the Bank assume individual approach to each Customer and to each deal. In this section are presented general approaches that serve as guidance when extending credit facilities, while the final terms and conditions of each deal/service (including amount, interest rate, repayment schedule and fees) are defined on a contractual basis, depending on the nature of the deal, the level of perceived risks involved, collateral availability, Customer's account conduct with the Bank and other considerations. For detailed information and clarifications, please contact the representatives of the Wholesale Banking Department of the Bank.