HSBC Launches Cash Concentration Solution for Seamless Liquidity Managemen

HSBC has introduced a groundbreaking cash concentration solution, enabling corporate clients to automate liquidity management on a daily basis, including weekends and national holidays.

This new service is a significant move towards supporting clients as they transition to real-time treasury management, reflecting the growing need for faster, more efficient financial operations in the digital payment landscape.

By consolidating positive and negative balances across various HSBC bank accounts into a single account, companies can optimise liquidity, reduce borrowing costs and enhance financial flexibility, seven days a week.

Launching initially within the UAE and Egypt, this solution marks the first of its kind in the Middle East^[1] and will be expanded to other major geographies later this year.

Manish Kohli, Head of Global Payments Solutions at HSBC said:

“As global businesses operate in an increasingly real-time environment, liquidity management must keep pace. HSBC’s seven-day cash concentration solution ensures that companies can optimise their working capital every day of the week, enhancing efficiency and financial flexibility, whilst taking the first step towards building a real-time treasury.”

The seven-day cash concentration solution ensures that customers have a consistent liquidity management experience every day of the week. Using HSBC’s best-in-class Global Liquidity Solutions Self-Service platform, customers can be fully in control of their cash concentration structures seven days a week, by managing and amending sweep execution and inter-company position parameters.

The launch of this innovative solution reinforces HSBC’s commitment to delivering cutting-edge treasury solutions that help businesses adapt to changing payment and business landscapes.