Transaction Settlement

Before you make any payments, you must set up auto-funding. Auto-funding is required to automatically fund the HSBC Online Account and settle your monthly HSBC transaction processing fees statement and virtual card bill.

After you set up your auto-funding account, funds are automatically pulled from your source bank account prior to the date the payments are made to the payees, so funds availability is ensured.

For more information about transaction settlement with auto-funding, see Funding Cycle.

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