(20 March 2025 – MENA) HSBC has unveiled a new cash concentration tool designed to help its corporate customers automate in-country liquidity management across the full seven day week.
By consolidating positive and negative balances across various HSBC bank accounts into a single account, companies can “optimise liquidity, reduce borrowing costs and enhance financial flexibility”. The new release represents an “important step” towards the group’s plans to help customers shift towards real-time treasury. The new tool will initially be launched in the UAE and Egypt, expanding to other major geographies in H2 2025.
“As global businesses operate in an increasingly real-time environment, liquidity management must keep pace. HSBC’s seven-day cash concentration solution ensures that companies can optimise their working capital every day of the week, enhancing efficiency and financial flexibility, whilst taking the first step towards building a real-time treasury” commented HSBC Head of Global Payments Solutions, Manish Kohli.
“Our new cash concentration solution allows corporate clients to automate in-country liquidity management every day of the week, including weekends and country holidays. Launching initially in the UAE and Egypt, the solution will be expanded to other major geographies later this year. As global businesses operate in an increasingly real-time, 24×7 digital environment, liquidity management must keep pace. Thank you and huge congratulations to Martijn Stoker and the HSBC Global Liquidity Solutions team for bringing this innovative, international, and insightful solution to our clients” Kohli added.
HSBC recently announced plans to improve digital purchasing experiences for businesses by offering flexible payment options and financing tools at the point of sale. The bank is partnering with global B2B payments and invoicing network TreviPay to roll out the new eCommerce trade solutions with the move designed to help corporate customers facilitate sales and engage with new business buyers through receivables finance, invoice processing, and management and risk mitigation.