HSBC (wholesale) Encashment Authority
transaction accountstale
Encashment Authority is a transaction account from HSBC (wholesale).
Not ranked: a transaction (everyday) account, not a savings account.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
No rate rows could be read from the feed for this product.
Conditions
- not updated by the bank since 2025-12-09, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
Features
- transactions
- unlimited
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- open to
- business customers
Who can open it, in the bank's own words:
- business: Corporate use only. Product offering is subject to approval of credit limit.
About this account
Encashment Authority (ENA) is used by customers for cashing cheques at alliance bank branches for petty cash. The ENA is issued by HSBC to its alliance bank to remove the risk of a dishonoured cheque up to the limit agreed with the customer.
Data
- HSBC (wholesale)'s own page for this account.
- The bank's documents its product record links to: fees.
- Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
/au/finance/savings-accounts/v1/brands/hsbc-bank-australia-limited-wholesale-banking.json: this bank's accounts and every balance band as JSON; HSBC (wholesale)'s page lists them.- The bank last updated this record on 9 December 2025. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at HSBC (wholesale)
- Current Accountstale savings account, 0.00% base at $50,000
- International Cash Management Accountstale cash management account, 0.00% base at $50,000
- Transaction Negotiation Authoritystale transaction account
- Virtual Accountsstale transaction account
All of HSBC (wholesale)'s accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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