Multiple Subsidiaries
How can I apply for the other US subsidiaries?
In your NetSuite One World Account Go to SuiteBanking > HSBC Application > Apply > New Application, you can choose the subsidiary to apply for HSBC Online Account. For more information, see Applying for an HSBC Online Account.
How do I see the accounts for the other subsidiaries or switch between subsidiaries?
To access a subsidiary account or switch between subsidiaries accounts, go to SuiteBanking > Payment Automation > Dashboard. You can change the subsidiary from the drop-down list in the left navigation panel, if you have role permissions.
The Company Name for the entity will be at the top of your screen. Each entity will have its own Dashboard and Transaction and credit limit displayed. You will have a bank transfer history, account activity and Virtual Card activity history on an entity level.
How do I make payments using the other subsidiaries?
While making a payment, you can choose the respective subsidiary GL account. To access the Payment Automation dashboard, go to SuiteBanking > Payment Automation > Dashboard. You can change the subsidiary from the drop-down list in the left navigation panel, if you have role permissions.
The Company Name for the entity will be at the top of your screen. Each entity will have its own Dashboard and Transaction and credit limit displayed. You will have a bank transfer history, account activity and Virtual Card activity history on an entity level.
I previously applied for an HSBC Payment Automation account but canceled or failed to complete the application. I want to re-apply for Payment Automation through one or many subsidiaries.
You can go to SuiteBanking > HSBC Application > Apply and Resume application from the status page. If you are not able to complete the application with in 90 days from the application initiation or a subsidiary is not listed, contact NetSuite Support team.