Corporate and Institutional Banking
Encashment Authority
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.
Savings & transaction accountsBank updated 9 Dec 2025
At a glance
- Pricing
- Rates on application
§ 02 — Fees · 3
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cheque encashment facility amendment | Event | $50 | — | Charged per amendment per branch |
| Cheque cashing fee | Transaction | $10 | — | Charged for each encashment transaction. The fee is 1.5% of the transaction amount and is a minimum of AUD10 per transaction. |
| Cheque encashment facility - set up | Upfront | $100 | — | Charged per branch |
§ 03 — Features
Unlimited transactions
§ 04 — Eligibility & limits
- · Available to businesses
- · Amount — to $1,000,000
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by HSBC Bank Australia Limited – Wholesale Banking under the Consumer Data Right, last changed by them on 9 Dec 2025. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.