HBL Payments Platform | Cash Management

Overview
Payments
CORPORATE MOBILE APP
RECEIVABLES MANAGEMENT
LIQUIDTY MANAGEMENT
REPORTING SERVICES
CONNECTIVITY SERVICES
FINANCE VALUE CHAIN DIGITIZATION
CONTACT US

Overview

Cash Management is a function within Transaction & Employee Banking, which offers transaction banking products to the corporates. HBL provides Payments, Receivables and Liquidity Management solutions along with Balance & Transaction Reporting services. Our solutions are backed by a network of 1,600+ branches, the largest in the country and 40,000+ Konnect Agent Network locations augmented by our team’s exceptional after-sales service.

HBL continuously strive to innovate and bring to you an enhanced and seamless transaction banking experience, increased visibility into the transaction life cycle and advanced tools for cash flow optimization.

HBL also offers HBL Pay – Business Banking, a digital banking solution for corporate treasuries. It offers:

A customizable web-based and mobile-based Payments solution
A comprehensive Receivables module along with a full-fledged Liquidity Management module
Real-time Alerts and customized consolidated Reports

HBL Pay – Business Banking comes with an exciting set of features, including:

2-Factor authentication
Single Sign On
Corporate mobile app
Self-service user management
Payments dashboard
Customizable widgets
In-built search engine
On-behalf and emulation modes
Data masking
Data enrichments
Global cash positions
On-screen messaging service

Payments

Our Payments solution is designed to cater the increasing number of transactions and complex payment types, and can be accessed 24/7 and from anywhere in the world. Payments can be originated through various channels, and through a wide array of methods including free-form entry, templates, standing instructions, quick entry and file upload.

The platform allows for customizable authorization matrix as per your board resolution, real-time and future-dated payments, digital signature printing, straight-through processing, encrypted file upload, configurable workflows, recurring transactions and cloning, capturing of additional remittance information for timely settlement and convenient reconciliation of transactions, and higher visibility into the end-to-end payment process with transaction query and online tracking capability.

Products

In-house Transfer: Transfer money between your own accounts held with HBL.
Book Transfer: Transfer money in real-time within accounts other than your own accounts, held with HBL.
Interbank Transfers: Directly credit funds to other bank accounts in real-time.
Real-Time Gross Settlement (RTGS): RTGS payments will be processed by the Bank as per the existing cut-off time via straight-through processing mechanism.
Salary/ Pension Transfers: Bulk and secure processing of salaries and pensions while maintaining data anonymity and confidentiality.
Tax and Customs Duties Payments: Round-the-clock facility to pay Customs duties, taxes and other dues electronically, in real-time against a PSID.
Utility Bill Payments: Register your corporate utility companies’ consumer numbers once and pay your bills automatically every month, prior to the due date.
Smart Cheque (Pay Order): Issue Pay Orders in bulk. Printing is available in 6 major cities – Karachi, Lahore, Islamabad, Faisalabad, Peshawar and Multan, at your premises as well as the Bank’s premises.
Cheque Payment: Corporate Cheques printing with digital signatures, either at your own premises or at the Bank’s printing location.
Cash Payment: Pay small ticket CNIC based transactions in cash over HBL counters.
Dividend Payments: Digital disbursements of dividends are fully managed by the Bank.
International Transfers: SWIFT based international transfers in accordance with the regulations.

CORPORATE MOBILE APP

Remote business banking is now made possible with our Corporate Mobile App. Authorize transactions anytime and from anywhere. Our mobile app offers:

Android Support
Touch ID support
2FA support for login and payment’s approval
Real-time notifications and alerts
Transaction review and authorization
Account balances in real-time
Transaction activity of accounts
iOS support – coming soon!

RECEIVABLES MANAGEMENT

Our Receivables Management solution is a comprehensive, multi-channel products suite, designed to meet your day-to-day operations and act as a convergence point for all your receivables data. We offer receivable services for both digital and physical modes of collections as well as capital market products.

ELECTRONIC RECEIVABLES PRODUCTS

Direct Debit: Manage direct debits and mandates for direct receivables from your payer’s account.
Standing Instruction via Debit Authority (SIDA): Collect funds from your payer’s account with HBL, under a tripartite arrangement. The payer issues a one-time standing instruction to the Bank through corporate client, authorizing the Bank to debit the payer’s account for collection of receivables.
Mobile Banking/Internet Banking: Using the HBL mobile app/ internet banking, your payers can make payments directly to your account. We offer enhanced transaction limits for digital receivables.
360-Degree Omni-Channel View: Omni-channel information about the transactions that are paid and settled is accessible using HBL Pay – Business Banking reports interface.
Warehousing: You can specify a future date for a receivable transaction. Such transactions are warehoused in the system and are submitted for processing on the specified effective date.
Value through Data Enrichment: Capture valuable information related to your depositors, invoices, etc. directly within your receivables transactions with data enrichment.

Physical Receivables Products

Cash Collections: Deposit of cash at HBL branch counters and Konnect Agents.
Cheque Collections: Instruments are cleared and deposited into your account.
PDC Discounting: A post-dated cheque (PDC) instrument or a set of instruments can be discounted to grant immediate credit to the client. Discounting charges can be debited from your account either at periodic intervals or at the time of discounting itself. Partial discounting can also be made available, where applicable.
Cash in Transit (CIT): Secured movement of cash with overnight vault facility and insurance.

Capital Markets Receivables

Capital Markets Receivables: Corporate actions related receivables are specialized collections and payments of IPO and Book Building, Right Shares, TFC, Sukuk, Bonds, etc. Both physical (branches) and electronic channels (mobile and internet banking) are activated, where applicable.

LIQUIDTY MANAGEMENT

Liquidity Management system is a full-fledged module which helps in establishing a structure that facilitates having liquidity as and when required, and mobilizing it to where it is needed. The scope as well as level of automation of liquidity management structures varies based on your company’s business profile, geographic spread, as well as its banking relationships.

You can sweep balances in participating accounts to a concentration account (or cash pool). Surplus funds are physically moved into the concentration account and the corporates can cover debit balances using concentration account in order to minimize overdraft interest.

Multiple agreement types allow sequential and optimal movement of funds between one or more pairs of accounts. Sweeping of balance to optimize liquidity can range from simple to sophisticated forms with simple overnight sweeps with additional sweep back to more complex intra-day sweeps triggered by time or credit events.

What comes with the Liquidity Management System?

Concentration/ sweep-in
Distribution/ sweep-out
On-demand/ real-time/ scheduled
Transfer/ simulation
Simple/ hierarchical/ flexible/ hybrid
Contribution reset
Sweep back
Reverse sweep
Movement conditions on participating account:

Zero
Minimum
Range
Fixed
Proportionate

Movement restrictions on concentration account:

Concentration
Range
Target

REPORTING SERVICES

Manage your operations and risk effectively and efficiently by having all the necessary information provided to you in a manner, best suited to your needs and in a format, most convenient to you.

Online Real-Time Balance View: Online and real-time balance view option is available on both web and mobile HBL Pay – Business Banking applications.

E-Statements: View the E-Statements online, download or receive E-Statements on registered email address. Multiple formats to choose from: XLS, CSV, PDF, SWIFT formats and ISO 20022 compliant CAMT formats.

Customized Alerts and Reports: Real-time notifications at multiple stages of transaction with customizable fields as per your needs and via multiple delivery channels available such as email, on-screen and SMS.

Global View: Online view of your accounts with HBL anywhere in the world.

Online View of Third Party Bank Statements: Comprehensive prior day view of account activities for your multi-bank relationships, right on your screen. Information is securely exchanged via industry-standard SWIFT files and is made available for you on HBL Pay – Business Banking platform.

CONNECTIVITY SERVICES

Our various digital products and platforms are fully integrated with all local switches, payment aggregators and Payment Service Providers (PSPs) so you can reap the benefits of instant payments

With us, you get instant and seamless API integration with RAAST along with other local switches like 1-Link and PRISM. The benefits include:

Multi-Channel Origination
Multiple Digital Initiation Options
Multiple Processing Modes
Data Enrichment

FINANCE VALUE CHAIN DIGITIZATION

With our digital platforms bringing you a host of digital products and services, and combining them with various conventional and wallet accounts, we provide full support to digitize your end-to-end financial value chain.

Our customized offerings offer digital products as part of the value ecosystem, benefitting you and your partner entities involved, both upstream and downstream.

Our core multi-channel solutions coupled with value added services like customized daily MIS, transaction alerts, API connectivity, multi-format account statements and self-service administration are all structured around your specific requirements to help you in minimizing operational risk, reducing cost, increasing security and efficiency.

Payments
Electronic payments	Phisical payments	STP RTGS
Cross-Currency Capability	Invoice Presentment & Payments	Instrument Designing & Printing
SWIFT	Corporate Utilities	Taxes & Duties
Receivables
Cash	Physical Instruments	Omni-Channel Liquidations
Direct Debit	SIDA	Corporate Actions Receivables
Mandate & Dealer Repository	PDCWarehousing & Discounting	Cash at Konnect Locations
E Collections (P2B)	E Collections (B2B)	Internet Payment Gateway
Liquidity & Cash Positions
Concentration Sweeps	Distribution Sweeps	On-Demand Sweeps
Limit Based Transfers	Movement Conditions	Movement Restrictions
Global Cash Positions	Online Balance View	E Statements
HBL Pay - Business Banking Value Ecosystem Services
Single Sign On Platform	Corporate Mobile App	Customizable Widgets
Self-Service Administration	2 Factor Authentication	Data Enrichment
Alerts & Notification	Automated MIS	Emulation Based Services
Data Masking	On-Screen Messaging Service	Dealer & Beneficiary Repository
SWIFT & ISO 20022	SFTP Based H2H Connectivity	API Connectivity

CONTACT US

Transaction & Employee Banking
Corporate, Commercial & Investment Banking Group

Head Office
HBL Tower, Clifton Road, Teen Talwar, Karachi – 75500, Pakistan

Regional Offices
HBL Tower, Jinnah Avenue, Blue Area, Islamabad
102/103 Mall Road, Upper Mall Scheme, Lahore

For more information, contact your branch/RM or email us at: info.teb@hbl.com,
For feedback and queries, drop us an email at: customer.care@hbl.com

Business

Business Banking

SME Banking

Transaction & Employee Banking

Payment Services

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Treasury And Global Markets

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