What is the processing time of HSBC bank transfer?

Created by Product Content Team, Modified on Fri, 16 Feb at 11:29 AM by Product Content Team


greytHR PayNow with HSBC Corporate Internet Banking (CIB) is for our customers who use CIB for salary dispersion. With the greytHR PayNow, you can also ensure the safety of your employees’ data like salary information. This saves time in downloading the information manually/uploading payment instruction files to different banks. 

Once a user approves a bank transfer on the HSBC platform, the transfer is processed within an hour.


The admin can view the status of the Bank Transfer under the Status column on the Bank Transfer page.

The status changes accordingly to Pending, In Progress, Completed, Completed with errors, or Failed.


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Related Links:

Video- To watch the videos on greytHR HSBC, click here.

FAQs-To read more FAQs about HSBC PayNow, click here.

Documentation- To learn more about HSBC PayNow, click here.

Product Update- To read about the product update, click here.

 

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