HSBC Connect

What it does

Automation

The service automates payment processes and transaction processing to reduce manual operations.checked 5 Oct 2026

Data processing

HSBC says it validates, sorts, and routes transaction data submitted in a single file format.checked 5 Oct 2026

ERP connection

HSBC Connect links a customer's ERP system with HSBC account reporting and payment systems and returns confirmations, reports, statements, and other data to the ERP.checked 5 Oct 2026

Formats

The service supports standard formats including ISO20022 XML, EDIFACT, SWIFT, and local in-country formats.checked 5 Oct 2026

Intended users

The service supports regional and global Treasury Centres and Shared Service Centres.checked 5 Oct 2026

Payments

Businesses can submit multiple payment types and currencies in one file from a central treasury management station or ERP platform.checked 5 Oct 2026

Pricing availability

The product page does not state a price or pricing plan.checked 5 Oct 2026

Purpose

HSBC Connect is a host-to-host channel for managing large volumes of payables and receivables and financial data.checked 5 Oct 2026

Regulatory status

HSBC Innovation Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.checked 5 Oct 2026

Reporting

Detailed reporting provides transaction history and payment statuses.checked 5 Oct 2026

Security

The page lists FTPS, SFTP, HTTPS, PGP, and AS2 among its security and encryption protocols.checked 5 Oct 2026

Support

The Help Hub is linked from the product page as a support resource.checked 5 Oct 2026