Skip to content
Important Notice   Close

Important Service Advisory: Larger Cash Withdrawals Exceeding ₱500,000.00

To our Valued Customer,

We wish to inform you that the Bangko Sentral ng Pilipinas (BSP), through Circular No. 1218, Series of 2025, has issued new regulations on large value cash transactions effective, Monday, 06 October 2025.

Large cash withdrawals exceeding ₱500,000.00 or its foreign currency equivalent shall only be made, facilitated, or transacted through cheque payment, fund transfer, direct credit to deposit accounts, and/or other form using digital platform or the HSBCnet app. The PHP500,000.00 limit maybe carried out in a single transaction or in series of transactions within one (1) banking day.

Click here to know more.

Optimise

HSBC Supply Chain Finance Platform

You need strategies and solutions to help you navigate an uncharted environment. We can help.
Contact us
A faster and simpler way to access your working capital digitally.

HSBC Supply Chain Finance (HSCF) is a web-based information and transaction portal, which allows buyers to submit approved invoices and/or credit notes electronically to help manage their payables, as well as offer early payment options to their key supplies.

Upon shipment of goods and commercial documents (invoices) from suppliers, buyers can easily upload the invoice file to HSCF or electronically send the file to HSBC via H2H, then approve those invoices in the system. Supplier receives early payment via direct credit to their respective bank accounts and early payment advice is received by the supplier as well.

Buyers can benefit by:

  • Optimising payment terms (agreed with sellers)
  • Gaining more control over cash flows
  • Injecting liquidity into the procurement portion of the supply chain process
  • Retaining control over the supper relationship

And by using HSCF, buyers

  • Upload unlimited number of invoices per transaction
  • Accurately forecast future cash flows through comprehensive in-house reports

Suppliers can benefit by:

  • Unlocking cash from receivables shortly after buyer’s approval of invoices and reduce days sales outstanding
  • Reducing financing costs by gaining access to competitive funding, where rates are based on the buyer’s credit relationship with HSBC
  • Gaining additional source of working capital without leveraging existing or additional bank lines
  • Receiving early payment on supplier invoices on a non-recourse and off-balance sheet basis
  • Enjoying simplified enrollment process for automated early payment with minimal documentation required
  • Strengthening Buyer relationship and benefiting from special offering for buyer’s strategic suppliers
  • Enhancing risk management and saving on insurance costs

Insights

Explore our industry insights and banking capabilities in simpler way

Discover it first
woman accessing HSBCnet Help Desk on her desktop computer

Need help?

Get in touch to learn more about our banking solutions and how we can help you drive your business forward.

Contact us