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Payment Cut-off times

  • Instructions received by the below listed cut-off times will be processed the same day and the value will be effected within the time period stated below
  • Instructions received after the listed cut-off times will be processed the next working day
  • Instructions received on non-working days (weekends, Bank holidays, etc.) will be processed on the next working day

Please note that we offer the following two branch locations for the collection of Drafts:

  • Harbourview Branch, Ground Floor receptionist
  • Church Street Branch, 2nd Floor receptionist
 

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HSBC<i>net</i>

Electronic Payment Instructions

Product Currency Personal and Business Internet Banking HSBCnet Value Effected (if within cut off time)
Internal Transfers All currencies No cut-off 4:00 pm Same day value
Cashiers Orders BMD and USD 3:00 pm 3:00 pm 24 hours
Drafts All currencies (except BMD) 3:00 pm 3:00 pm 24 hours
Bill Payments BMD and USD 6:00 pm 4:00 pm Same day value
Local Bank payments BMD and USD 2:30 pm 11:00 am Same day value
Outgoing Wires USD 3:00 pm 3:00 pm Same day value
CAD 11:00 am 11:00 am Same day value
GBP 3:00 pm 3:00 pm Next business day value
EUR 3:00 pm 3:00 pm Next business day value
All other 3:00 pm 3:00 pm Next two business day value
Fixed Deposits All currencies No cut-off 4:00 pm Same day value
Standing Instructions All currencies No cut-off N/A 24 hours of value date
Standing Instructions Amendments All currencies No cut-off N/A 24 hours of value date
File Upload Local Bank Payments BMD and USD N/A 12:00 pm Same day value
File Upload Wire Payments All currencies N/A Varies Follows Outgoing Wires cut off times above.

Manual Payment Instructions

Product Currency Non Bank Stationery Bank Stationery Value Effected (if within cut off time)
Internal Transfers All currencies 11:00 am 12:00 pm Same day value
Cashiers Orders BMD and USD 11:00 am 12:00 pm 48 hours
Drafts All currencies (except BMD) 11:00 am 12:00 pm 48 hours
Bill Payments BMD and USD 11:00 am 12:00 pm Same day value
Local Bank payments BMD and USD 9:00 am 10:00 am Same day value
Outgoing Wires USD 11:00 am 12:00 pm Same day value
CAD 9:00 am 10:00 am Same day value
GBP 11:00 am 12:00 pm Next business day value
EUR 11:00 am 12:00 pm Next business day value
All other 11:00 am 12:00 pm Next two business day value
Fixed Deposits All currencies 11:00 am 12:00 pm Same day value
Standing Instructions All currencies 11:00 am 12:00 pm 24 hours of value date
Standing Instructions Amendments All currencies 11:00 am 12:00 pm 24 hours of value date


"Foreign currency-denominated transactions will be affected by fluctuations in currency rates where there is a need to convert from between your currency and the foreign currency.
You might get back more or less than you originally converted."