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HSBC Egypt launches HSBCnet Mobile app for businesses - Daily News Egypt

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HSBC Egypt launches HSBCnet Mobile app for businesses

In a first for the Egyptian market, companies can now manage their cash flow and trade finance, and get real-time transaction reporting, from the convenience of their mobile device.


HSBC Egypt has launched the HSBCnet Mobile app, giving corporate customers access to their HSBCnet account while on the move.

In a first for the Egyptian market, companies can now manage their cash flow and trade finance, and get real-time transaction reporting, from the convenience of their mobile device.

Richard Lelong, Country Head, Commercial Banking, HSBC Egypt, said, “In these challenging times, it critical for businesses to stay connected to their finances 24/7. The launch of the HSBCnet Mobile App underlines our commitment to providing our customers with a seamless and secure digital banking experience. HSBC is focused on building a strong and sustainable business in Egypt, and we will continue investing in digital solutions to help customers stay even better connected to their finances.”

Ahmed Badawi, Country Head, Global Liquidity & Cash Management, HSBC Bank Egypt, noted, “HSBC is committed to using technology and innovation to provide clients with simpler, more convenient and even more secure banking services. Our app gives customers mobile-optimised access to their HSBCnet account, allowing them to manage their accounts anytime, anywhere.”

The HSBCnet Mobile also incorporates ‘Mobile Device Authentication’, a mobile-based alternative to physical security tokens. It also integrates HSBC’s latest trade finance tools such as “Trade Authorisation” and “Trade Transaction Tracker”.

Commenting on the launch, Chaker Zeraiki, Country Head, Global Trade and Receivables Finance, HSBC Egypt, said: “As an innovative mobile tool that allows businesses to better manage their global trade flows, the HSBCnet Trade Transaction Tracker is a game changer for our corporate clients and partners. It is a real time tool providing, traceability and visibility on the entire trade transaction end to end through an advanced technological platform.”

HSBCnet Trade Transaction Tracker gives clients a global view of their documentary credits, collections, trade loans and guarantees across the world in a single app. Trade Authorisation enables corporates to authorise import trade transactions for submission to HSBC and also view trade transactions.

The HSBCnet Mobile app is now available for free download from the App Store and Google Play Store.

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https://ww.dailynewssegypt.com/2020/06/12/hsbc-egypt-launches-hsbcnet-mobile-app-for-businesses/
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