HSBC wins Malaysia’s best cash management deal for delivering a treasury centralisation programme for a leading Malaysian healthcare group. The client’s decentralised structure required individual entities to manage cash and payments across numerous accounts, banks and platforms, limiting group-wide visibility and creating labour-intensive reporting.
HSBC Amanah – HSBC’s Islamic banking arm – and HSBC’s treasury solutions group developed a scalable framework using standardised Swift MT940 reporting, with HSBCnet serving as the group’s central cash management interface.
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