---
title: "Encashment Authority — HSBC Bank Australia Limited – Wholesale Banking"
description: "Transaction & Savings Accounts from HSBC Bank Australia Limited – Wholesale Banking. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/hsbc-bank-australia-limited-wholesale-banking/products/ENA
source: "CDR Compare"
language: en-AU
last_updated: 2025-12-09T02:34:55.277Z
---

# Encashment Authority — HSBC Bank Australia Limited – Wholesale Banking

> Transaction & Savings Accounts from HSBC Bank Australia Limited – Wholesale Banking. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · Corporate and Institutional Banking**

Encashment Authority (ENA) is used by customers for cashing cheques at alliance bank branches for petty cash. The ENA is issued by HSBC to its alliance bank to remove the risk of a dishonoured cheque up to the limit agreed with the customer.

## Apply

Applications are handled by the provider: [Apply at HSBC Bank Australia Limited – Wholesale Banking](https://www.business.hsbc.com.au/en-au/products-and-solutions/bank)

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Cheque encashment facility - set up — Charged per branch | Upfront | $100.00 |
| Cheque encashment facility amendment — Charged per amendment per branch | Event | $50.00 |
| Cheque cashing fee — Charged for each encashment transaction. The fee is 1.5% of the transaction amount and is a minimum of AUD10 per transaction. | Transaction | $10.00 |

## Features

- **Unlimited transactions** (Unlimited transactions up to the limit amount specified by the customer within a given frequency (e.g. daily, weekly, monthly))

## Eligibility

- **Business customers** (Corporate use only. Product offering is subject to approval of credit limit.)

## Constraints

- **Maximum limit** — $1,000,000.00 (The cumulative amount of encashments is subject to the approved credit limit)

## More information from HSBC Bank Australia Limited – Wholesale Banking

- [Fees & pricing](https://www.business.hsbc.com.au/-/media/library/markets-selective/australia/pdf/corporate-banking-fees-and-charges.pdf)

## Data provenance

- Published by HSBC Bank Australia Limited – Wholesale Banking under the Consumer Data Right
- Product ID: `ENA`
- Last updated by the provider: 9 December 2025
- Source payload (JSON): https://www.cdrcompare.au/api/raw/hsbc-bank-australia-limited-wholesale-banking/ENA
- Provider page: https://www.cdrcompare.au/brands/hsbc-bank-australia-limited-wholesale-banking
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000340

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/hsbc-bank-australia-limited-wholesale-banking/products/ENA) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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