HSBC NAPAS 24/7
Back to Building Smarter BusinessWe are making banking simpler for you to manage cash flow easier and smarter with a new kind of convenience. With HSBC NAPAS 24/7, you can now send and receive domestic payment and the fund will be transferred in real-time. It helps businesses simplify payments and working capital.
Key features
🗸 Fast, irrevocable domestic payments and transfers between accounts 24/7 amongst NAPAS member banks and financial institutions.
🗸 Applicable for domestic payment in local currency (Vietnamese Dong or VND) that is less than VND 500 million.
🗸 ISO 8583 format supports enriched remittance information.
🗸 Beneficiary information validation in real-time with overlay services allowing clients to confirm the payee is correct2.
Key benefits
Instant
Payments can be made anytime, anywhere.
Account balances are updated instantly 24/7.
Secure
Quick, safe and secure online transaction via HSBC eChannels.
Accommodate single payment and payment via File Upload through HSBC eChannels.
Simple
Extended cut-off times with up to 24/7, 365 days a year availability.
Better informed
Enhanced visibility and control over your cash position through immediate payment status update of payments or collections.
Effective
Reduce risk of delayed collection associated with traditional collection methods.
Transparent
Enhance automation for receivables reconciliation with enriched data and information.
Remarks:
* NAPAS is The National Payment Corporation of Vietnam. Information of NAPAS member banks can be found via https://en.napas.com.vn/
(1) A real time payment typically takes 60 seconds or less, in some instances it may take longer.
(2) Overlay is only applicable to on-screen payment submitted through HSBCnet.
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