Autopay - Cash Management | DBS HK Corporate Banking

Autopay

Effective way to process your recurrent high volume of transactions

Effective way to process your recurrent high volume of transactions

At a glance

High volume, low value domestic HKD and RMB payments

Submit payroll transactions before cutoff time to enjoy same day processing

Send transactions in bulk for streamlined process

Features & benefits

Make your Autopay submission fast and simple through IDEAL

Create multiple transactions in one file

Consolidated debit for Payroll protects confidentiality of individual payment details.

How to apply

Simply call our DBS Business Care at 2290 8068 to fix an appointment or email [email protected]. Our Relationship Manager will be glad to assist you.

FAQs

	What is IDEAL?
	DBS IDEAL, our corporate online banking platform features a comprehensive range of products and services to manage your working capital. Whether you are looking to monitor for incoming funds, view remittance advice and statement for reconciliation purposes, or simply pay your employees and suppliers, IDEAL offers you an easy to use platform that makes banking faster, simpler and smarter.

	What is the cutoff time of Autopay over IDEAL?
	The cutoff time of Payroll instructions via IDEAL is 12:30pm, instructions submitted before the cutoff will be processed on the same day. The cutoff time of Autopay and Bulk Payment via IDEAL is 7pm. Instructions submitted before the cutoff will be processed in the next business day.

	Can I create Autopay payments from overseas?
	Although Autopay is Hong Kong local payment, you can still create and submit the payment instruction from overseas via IDEAL.

	How to update AutoCash?
	Please make sure you have System Administrator rights to execute the following procedures Locate your AutoCash system folder Download the updated package here Unzip and store the file in your AutoCash system folder