Savings account rates › HSBC Bank Australia Limited – Wholesale Banking
Virtual Accounts
HSBC Bank Australia Limited – Wholesale Banking
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
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://public.ob.business.hsbc.com.au/cds-au/v1/banking/products/VA- Content hash
sha256 dcd7e97f8c8f32ccd51a9b72582099f94081a19af29ec27dfc8c724c417cef5b- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_dcd7e97f8c8f32cc_59179219Show details
- Checked
- 1 Nov 2026
- URL
https://public.ob.business.hsbc.com.au/cds-au/v1/banking/products/VA- Content hash
sha256 dcd7e97f8c8f32ccd51a9b72582099f94081a19af29ec27dfc8c724c417cef5b- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee - Traditional VA | Upfront | $1,500.00 |
| Maintenance fee | Periodic | $250.00 |
| Transaction fee - Traditional VA | Transaction | $0.30 |
| Establishment Fee - Next Generation Virtual Account Management | Upfront | $800.00 |
| Maintenance fee - Next Generation Virtual Account Management | Periodic | $300.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Unlimited txns | There is no limit to the number of transactions that can be made into the virtual account | |
| Digital banking | 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. | |
| Other | 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. | |
| Eligibility: business | Corporate customers only |
Rate history
No earlier values recorded yet.
Tags
| Tag | Meaning | Effect |
|---|---|---|
quality:no-interest | quality:no-interest | |
out-of-scope | Reason this product is not ranked | |
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