Bank account
Virtual Accounts
Virtual Accounts is a transaction or savings account from HSBC Bank Australia Limited – Wholesale Banking for Australia. The product is currently marked active.
An official product page is available in the source record. Rates, limits, fees and other conditions can change over time, so current terms should be checked against the official product information.
An official product page is available in the source record. Rates, limits, fees and other conditions can change over time, so current terms should be checked against the official product information.
Product overview
HSBC offers two types of Virtual Accounts (VA): (1) Traditional VA - A unique reference number in the format of a BSB and account number that payors can use to make a payment to help Wholesale banking customers with payor identification; (2) Next Generation Virtual Account Management - A solution that can help reduce the number of physical bank accounts held by the customer and streamline bank account management and reconciliation activities
Product details
- Classification
- Bank Account · Transaction or savings account
- Country
- Australia
- Status
- Active
- Effective from
- 30 Sep 2020
- Updated
- 9 Dec 2025