Photo courtesy of Rami Al-Zayat.

HSBC India unveils one-stop solution simplifies cross-border transactions

It enables end-to-end visibility for both the user and their clients.

HSBC India has launched HSBC UniTransact, a one-stop solution aiming to simplify cross-border transactions.

The offering minimises manual intervention through the course of clients’ transaction banking journey, digitises all the steps of the transaction, and enables end-to-end visibility of the transactions for the user and their clients, according to HSBC.

Amongst the range of benefits it provides include a comprehensive dashboard that provides a summary of all cross border transactions to be processed, for goods and services; inwards as well as outwards; detailed real-time status throughout the life-cycle of all the cross border transactions; a seamless two-way communication with clients to seek clarifications/additional information to take transactions to closure.

It also enables clients to upload, store and retrieve documents for transactions; and allows the customer to customise the alerts and notifications they receive.

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