{
  "snapshot_at": "2026-10-22T13:25:11Z",
  "brand": "HSBC Bank Australia Limited – Wholesale Banking",
  "brand_slug": "hsbc-bank-australia-limited-wholesale-banking",
  "product_id": "VA",
  "cdr_url": "https://public.ob.business.hsbc.com.au/cds-au/v1/banking/products/VA",
  "x_v": 7,
  "how_to_fetch": "curl -H 'x-v: 7' 'https://public.ob.business.hsbc.com.au/cds-au/v1/banking/products/VA'",
  "note": "Verbatim `data` object of the bank's CDR product detail response, as fetched. The live endpoint needs the x-v header shown in how_to_fetch and will not open in a browser.",
  "data": {
    "productId": "VA",
    "effectiveFrom": "2020-09-30T00:38:00.000Z",
    "lastUpdated": "2025-12-09T02:35:55.519Z",
    "productCategory": "TRANS_AND_SAVINGS_ACCOUNTS",
    "name": "Virtual Accounts",
    "description": "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",
    "brand": "HSBC",
    "brandName": "Corporate and Institutional Banking",
    "applicationUri": "https://www.business.hsbc.com.au/en-au/products-and-solutions/bank",
    "isTailored": true,
    "additionalInformation": {
      "overviewUri": "https://www.business.hsbc.com.au/en-au/home-b"
    },
    "features": [
      {
        "featureType": "UNLIMITED_TXNS",
        "additionalInfo": "There is no limit to the number of transactions that can be made into the virtual account",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b"
      },
      {
        "featureType": "DIGITAL_BANKING",
        "additionalInfo": "Applicable to Next Generation Virtual Account Management only. User interface is accessible through HSBCnet. Enables customer to visualise virtual account balances, self-manage certain virtual account parameters (open/close, rename virtual accounts), download virtual account reporting.",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "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.",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b"
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "Corporate customers only",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b"
      }
    ],
    "fees": [
      {
        "name": "Establishment Fee - Traditional VA",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "One off establishment charge",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "1500.00"
        }
      },
      {
        "name": "Maintenance fee",
        "feeType": "PERIODIC",
        "currency": "AUD",
        "additionalValue": "P1M",
        "additionalInfo": "Applicable to Traditional VA and Next Generation Virtual Account Management. Monthly fee per physical account",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "250.00"
        }
      },
      {
        "name": "Transaction fee - Traditional VA",
        "feeType": "TRANSACTION",
        "currency": "AUD",
        "additionalInfo": "Fee charged for each transaction made into a virtual account. This is  charged in addition to the usual transaction fees.",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "0.30"
        }
      },
      {
        "name": "Establishment Fee - Next Generation Virtual Account Management",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "800.00"
        }
      },
      {
        "name": "Maintenance fee - Next Generation Virtual Account Management",
        "feeType": "PERIODIC",
        "currency": "AUD",
        "additionalValue": "P1M",
        "additionalInfo": "$1 per virtual account, subject to a minimum charge of $300. Monthly fee per virtual account. This is charged in addition to the maintenance fee for the physical account.",
        "additionalInfoUri": "https://www.business.hsbc.com.au/en-au/home-b",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "300.00"
        }
      }
    ]
  }
}