The Finance Algorithm
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Transaction Negotiation Authority

Transaction Negotiation Authority (TNA) is used when a corporate customer is using a third party payroll bureau to process payroll on behalf of the client. The “TNA” is issued by HSBC to the payroll bureau’s bank to remove the risk of failed settlement by the customer up to the limit agreed with the customer.

Savings & transaction accountsBank updated 9 Dec 2025
Apply at HSBC Bank Australia Limited – Wholesale Banking ↗Fees and pricing ↗

At a glance

Pricing
Rates on application
Monthly fee
$100

Fees

2 fees published, grouped by when they're charged.

  1. When you take it out$200Implementation fee
  2. While you hold it$100 a monthMonthly Fee
  3. When you close it or pay it offNo fee published

When you take it out1

  • Implementation fee
    $200

While you hold it1

  • Monthly Fee

    Monthly Fee

    $100 a month

Features

  • Transaction frequency and amount can be specified based on requirement

Eligibility and limits

  • Available to businesses

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.