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20 May 2026

Demise of Free-Format Manual Payment Instructions from 31 May 2026

With effect from 31 May 2026, we will no longer accept free-format manual payment instructions. We encourage you to submit payment instructions electronically using our e-channels, or use Smartform (Telegraphic Transfer / Local Interbank Fund Transfer / In-House Transfer). Access Smartform here.

15 May 2026

Update to World Corporate MasterCard Cardholder’s Agreement – Mobile Virtual Cards

Mobile Virtual Cards will launch in June 2026. The terms and conditions have been updated to cater to Mobile Virtual Cards and will take effect from 16 June 2026. All existing terms for your other services remain unchanged. The revised terms and conditions can be viewed here.

15 May 2026

Update to Conditions of Use – Mobile Virtual Cards

Mobile Virtual Cards will launch in June 2026. The Condition of Use have been updated to cater to Mobile Virtual Cards and will take effect from 16 June 2026. The revised clauses can be viewed here.

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Banker’s Guarantees

You need strategies and solutions to help you navigate an uncharted environment. We can help.
Assure customers of your business’s financial strength and ability to fulfil a project from start to finish. Conduct business with confidence by giving your suppliers peace of mind that you have the financial resources to pay them promptly and in full.

Manage business with confidence, even where you lack established relationships, through the use of guarantees and standby letters of credit. Our bank guarantees give your suppliers and buyers in Singapore and across the world the assurance of payment in the event of default or non-performance.

Our tailored solutions comprise financial and non-financial guarantees, including reissuances. In markets where a banker’s guarantee is less common or prohibited, we can issue standby letters of credit as an alternative solution.

Our guarantees solutions

Financial and non-financial guarantees

Ease your business partners’ concerns of non-payment or non-performance. We are able to support guarantees covering a wide range of risks – e.g. tender bonds, performance bonds, rental guarantees, customs bonds and financial guarantees etc.

Foreign guarantees

Through our global network of group offices and correspondent banks, you can count on HSBC to meet your need for foreign guarantees, and at attractive terms.

Quick issuance with cash-backed guarantees

We can issue your guarantee quickly on a fully cash-backed basis, helping you to meet tight deadlines.

Government Beneficiaries eGuarantees

Issuing your guarantee favouring government beneficiaries can now be completed within a day. With our eGuarantees, the paperwork of lodging the guarantee to the agencies is taken care digitally by us, saving you time and effort.

How can we help today?

HSBC Business Banking Insights

Insights

Explore our industry insights and banking capabilities in a simpler way

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