HSBC remittance process: After confirming that the passbook account number and account name provided by the payee are correct, just take the cash to the bank and deposit it directly into the payee's account.

The Hongkong and Shanghai Banking Corporation Limited, literally translated as "The Hongkong and Shanghai Banking Corporation Limited" in Chinese, is abbreviated as HSBC in English and HSBC in Chinese. The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings Limited. It is a founding member of HSBC Group and the flagship of the Asia-Pacific region. It is also the largest registered bank in Hong Kong and one of the three largest note-issuing banks in Hong Kong (the other two are Bank of China (Hong Kong) and Standard Chartered Bank). Headquartered in the headquarters building of Hongkong and Shanghai Banking Corporation,No. 1, Queen's Road Central, the Hongkong and Shanghai Banking Corporation and its subsidiaries have set up about 700 branches and offices in the Asia-Pacific region.