HSBC Güzel Hesap earns you money, by investing the funds in your demand deposit account in HSBC Bank B Type Liquid Fund, while all your bill, debt and direct debit payments are made automatically.
HSBC Güzel Hesap works in the following way:
Every business day at 13:00, HSBC Güzel Hesap compares the Instructions for payment and requirements for investment with the current composition of the account balance on a daily basis . If the cash in the account exceeds the the total payment amount and the minimum limit, the excess amount is invested in HSBC B Type Liquid Fund. If the cash in the account is less than the total amount of the minimum limit and the payments, any existing liquid funds are cashed in to cover the difference.
Afterwards, the account is blocked for the total amount of payments to be made that day, ensuring that these payments are made without delay.
All deposits extraneous to the account's cash reserve are automatically invested in the fund. Deposits made after 13:00 are invested in funds on the next business day. However, you may invest in funds at any time through HSBC Bank Telephone Banking 444 0 111, HSBC Bank Retail Internet Banking www.hsbc.com.tr, or HSBC Bank ATMs.
Checks cannot be drawn on a HSBC Güzel Hesap.
For the payment of loans indexed to foreign currency, the related account is blocked at noon for the amount calculated at our bank’s foreign exchange buy rate at that time, but the actual loan amount that is collected is based on our bank’s close of day foreign exchange rate. Due to possible exchange rate fluctuations during the day, some money may remain inactive in the account after payment issues are resolved or the block is lifted.
Problems in the payment of bills via your account may occur. These might occur because the institutions to which payments are due send the invoice to the Bank on the final day of payment, or provide incomplete and/or incorrect information.
