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Important notices   collapse

30 July 2026

Launch of USD Corporate Card

The USD Corporate Card was launched on 23 July 2026. The Commercial Bank Tariff has been revised to include the USD Corporate Card fees and associated charges. The revised tariff can be viewed here.

27 July 2026

Changes to SmartForm Payment Instruction Processing

Effective 27 August 2026, payments instructions submitted via SmartForm may take up to three (3) business days to process. SmartForm and its Terms and Conditions have been updated accordingly. The revised SmartForm Terms and Conditions will apply to all transactions processed on 27 August 2026 onwards, including SmartForm instructions submitted prior to 27 August 2026.

The revised Terms and Conditions can be viewed here.

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.

Click here to read more notices.

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PayNow on HSBC SGQR

You need strategies and solutions to help you navigate an uncharted environment. We can help.
PayNow is now on SGQR, Singapore’s unified payment QR code. It combines PayNow QR and other payment QR codes into one single SGQR label. Register your HSBC PayNow Corporate Alias on SGQR to further simplify collections for your business through a single QR code.

Benefits of SGQR

One Unified QR

SGQR brings together PayNow and other e-payment options into one single QR, simplifying QR displays

Maximum Convenience

Scan-and-pay functionality brings greater convenience for your consumers by removing the need to know and key in alias when making payments

Fast and Safe

Funds received via PayNow are credited instantly into your PayNow Corporate linked account with HSBC

Receiving funds via SGQR

  • STEP 1: Request for HSBC PayNow on SGQR by submitting form
  • STEP 2: Receive printed SGQR labels from HSBC
  • STEP 3: Display SGQR labels at your outlet/counter for your customers to make payments to you
  • STEP 4: Check for payment confirmation on your customer’s mobile banking app

Guidance on the Display of SGQR Labels

  1. Display only one SGQR label per point-of-sale
  2. Do not place any additional frames or branding materials on the SGQR label
  3. Use only SGQR label to accept QR payments.

Please click here for further guidance.


View Terms and Conditions (PDF, 76KB) applicable for this service

View Terms and Conditions (PDF, 200KB) (effective 1 Feb 2024) applicable for this service.


HSBC Omni Collect: One platform, one report for all transactions.

Payment collection is made simple with HSBC Omni Collect, the new streamlined platform that lets you collect funds via static and dynamic QR Codes (SGQR / PayNow QR), Cards and E-Wallets. Additionally, Omni Collect is equipped with API and POS integration, giving your business added operating efficiencies.

HSBC Business Banking Insights

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