Within HSBCnet what changes will I see as a result of the PSD?
The PSD defines the information which Banks and Financial Institutions have to provide to customers when making or receiving a payment. Principally we have made alterations to the balance and transaction reporting functions in HSBCnet to provide this additional information. Some examples of this are the provision of “Click through” debit advices. Since 1 November these have been available for 35 days. Additionally, if you receive Faster Payment media files we now provide you with a new file with extended information. If you receive these files today you will already have been contacted with regards to this.