| Transaction Management | ||
| Payment Services | Value Date | Cut off Time |
| Domestic Payments | ||
Transfer to another HSBC account (In-Country) |
same day | 17:00 |
Local Currency Payment sent through Central Bank (FIN COPY) |
same day | 15:30 |
Local Currency Clearing Cheque (Cairo Zone) |
2-3 working days | |
Local Currency Clearing Cheque (Zone 2 = rest of the country) |
3-5 working days | |
Foreign Currency Clearing Cheque |
5 working days | |
Cashier's Order /Banker's Cheque |
17:00 | |
AutoPay (Low Value Bulk Payments) |
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to in-country HSBC accounts |
2 days prior to execution | |
to other local bank accounts |
2 days prior to execution | |
| International Payments | ||
International Telegraphic Transfers (TT)/(SWIFT) |
2 working days | 17:00 |
Demand Draft |
17:00 | |
| Collection Services | Value Date | Cut off Time |
| Local Currency Receipt | ||
Up Country Local Cheque for Collection |
Upon actual collection | |
Post Dated Cheque Warehousing |
||
| Foreign Currency Receipts | ||
Cross Border Telegraphic Transfer (TT)/SWIFT credited to account |
||
Foreign Currency Cheques |
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Purchased |
same day | |
Sent for Collection |
3 to 4 weeks |