Managing the Service Guide (PDF, 206kb) - Business banking - HSBC

Daily Payment Limit – International paymentSingle Payment Limit –BACS paymentSingle Payment Limit – Bill paymentSingle Payment Limit – CHAPS paymentSingle Payment Limit – International paymentThis is the maximum value of International Payments a usercan make in one day.This is the maximum amount that a user can make a BACSpayment for without it needing to be authorised.This is the maximum amount that a user can make a BillPayment for without it needing to be authorised.This is the maximum amount that a user can make a CHAPSPayment for without it needing to be authorised.This is the maximum amount that a user can make aInternational Payment for without it needing to be authorised.7.2 Payment Limits – BusinessThese limits apply to the business.Limit typeDaily Payment LimitDaily Payment Limit – BACS paymentDaily Payment Limit – Bill paymentDaily Payment Limit – CHAPS paymentDaily Payment Limit – International paymentDescriptionThis is the maximum amount of payments a business canmake in one day. This is set by the bank/business and cannotexceed £100,000.This is the maximum value of BACS payments a business canmake in one day.This is the maximum value of Bill Payments a business canmake in one day.This is the maximum value of CHAPS Payments a businesscan make in one day.This is the maximum value of International Payments abusiness can make in one day.7.3 Amend a payment limitTo amend or request a business limit (see section 7.2) the business will need to complete a ‘Limit AmendmentForm’. This form can be obtained from the ‘Forms’ section in the BIB Information Centre atwww.hsbc.co.uk/bibinfo (form 5).8 Deregistering the BusinessA request to de-register the business from Business Internet Banking should be forwarded to yourBranch/Relationship Manager. Once the business has been de-registered, none of your users will be able toaccess the Business Internet Banking service.9 Other Points of Reference9.1 Online helpClick either the help or question mark icons to access online help.15