Customs Duty ePayment

Customs Duty ePayment

This solution allows you to initiate payments for customs duty faster and easier using HSBCnet. You will receive instant notification upon successful payment and the National Board of Revenue (NBR)’s database will also be updated instantly.

An end-to-end electronic payment solution through HSBCnet

We continue to invest in the development of electronic payment solutions that enable corporates to conduct banking transactions anytime in a seamless and secure manner.

With Customs Duty ePayment solution, now you can initiate payments for customs duty faster and easier using HSBCnet. Customs Duty ePayments are executed near real-time. You will receive instant notification upon successful payment and the National Board of Revenue (NBR)’s database will also be updated instantly. In case of any anomaly in the payment, the payment will be rejected and you will be notified accordingly.

This end-to-end electronic payment solution has significantly enhanced the efficiency and reduced the turnaround time of the Customs Duty Payments of corporate customers. As the leading trade bank, it is very befitting for us to to continue to collaborate with the National Board of Revenue and Bangladesh Bank in this digitalization journey. Together we are aiming to facilitate the revenue collection for the National Exchequer and we are very happy to leverage our expertise and excellence as a global bank.

Md. Mahbub ur Rahman | CEO, HSBC Bangladesh

Watch this video to learn more about Customs Duty ePayment

Key benefits

  • Faster and simpler

    Real time end-to-end transaction processing and settlement
    Fully automated transaction without manual intervention
  • Better informed

    Confirmation of transaction status (success or rejection) by SMS
    Fund realisation for NBR on real-time basis
  • Safer

    Online validation of the transaction details in ASYCUDA system
    Safe, secured and faster

Insights

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