The Finance Algorithm
Corporate and Institutional Banking

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
At a glance
Pricing
Rates on application
Monthly fee
$100
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
Monthly FeePeriodic$100Every 1 moMonthly Fee
Implementation feeUpfront$200
§ 03 — Features
  • · Transaction frequency and amount can be specified based on requirement
§ 04 — Eligibility & 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.