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Electronic Banking Statement and Reconciliation

With the Electronic Banking Statement, a list of all the transactions in any account held by your company at HSBC Bank can be sent to you by electronically for account reconciliation and/or automatic creation of accounting entries.

Features and Advantages

  • The Electronic Banking Statement and Reconciliation can be used by any accounting package that accepts statements in MT940 and MT942 SWIFT formats.
  • Based on your request, your account transaction entries are created in MT940, MT942 SWIFT or Excel CSV formats.
  • In the MT942 format, your statements can be provided daily, weekly or monthly.
  • Statements in special formats are also available upon request.
  • You can also receive a standard printed statement by mail.
  • When companies make automatic accounting entries using the Electronic Banking Statement, records can be updated daily, which minimizes operational margin of error.
  • Avoid the confusion of having several PINs to remember for electronic banking services provided by different banks.

For more

For further information please call HSBC Bank Telephone Banking at 0850 211 0 424.