1 Please note payment routing instructions should always be used for all incoming payments and credits to your HSBC Bermuda accounts.
It is imperative that the various parties in the payment instruction, (ie correspondent bank, beneficiary bank and beneficiary) are clearly and accurately identified. For example, HSBC Bermuda is the beneficiary bank and not the beneficiary. Bank-to-bank information fields should not be used to identify the various parties in a
payment. These instructions are standard international payment instructions that should be easily understood by the remitting bank. Failure of a bank to format the payment correctly may result in delays beyond HSBC Bermuda control.