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The value date given to an STP transaction is subject to the cut-off time and completeness of the instruction. Instructions received after the cut-off times or incomplete instructions will be valued the next working day. Skip to content Personal Business Bahrain. Log on. Cut-off times. Application type. The term working day means the usual working days of the country from where funds are remitted as well as the country of the remittance currency.
Working days will exclude the weekends of the specific countries and other holidays such as public, bank and statutory holidays. Examples of reasons for repair may include, but are not limited to, incorrect formatting of payment instructions, incomplete payment information or insufficient funds in an account.
Payment formatting issues may delay payment processing or lead to the payment not being processed. Purpose of Payment requirements — To ensure your payments are processed, please ensure that the purpose of payment is provided within the payment instructions in the appropriate field. Payment Amendments Please note that HSBC does not accept amendments to payment instructions that materially alter the original payment instruction. Should a material alteration change of beneficiary bank, name or account, payment amount, destination country or remit currency etc be required to a payment, you should request a cancellation via appropriate channels i.
Payment recall If the payment has already been released by HSBC and it is with the beneficiary bank or their agent, we can recall the payment instruction on your behalf. If funds are already credited to the beneficiary, the beneficiary bank may need to obtain a debit authorization from the beneficiary to process the return.