HSBC (wholesale) Virtual Accounts
transaction accountstale
Virtual Accounts 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
- app
- yes
- transactions
- unlimited
Other features, in the bank's words:
- Receivables reporting Virtual account transactions are identifiable in the regular bank statement. However, a dedicated report for receipts, including receipts into a virtual account, is available as an optional feature.
Fees, limits and who can open it
- monthly fee
- $300
- open to
- business customers
Who can open it, in the bank's own words:
- business: Corporate customers only
About this account
HSBC offers two types of Virtual Accounts (VA): (1) Traditional VA - A unique reference number in the format of a BSB and account number that payors can use to make a payment to help Wholesale banking customers with payor identification; (2) Next Generation Virtual Account Management - A solution that can help reduce the number of physical bank accounts held by the customer and streamline bank account management and reconciliation activities
Data
- HSBC (wholesale)'s own page for this account.
- 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
- Encashment Authoritystale transaction account
- Transaction Negotiation Authoritystale 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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