This notification is effective from 1st of March, 2019 for corporate clients of HSBC France – pobočka Praha in the Czech Republic.
With effect from 1st of March 2019 HSBC France – pobočka Praha in the Czech Republic extends processing time of Local Domestic Payments in CZK from 11:30AM to 4PM. Details of new payment processing times can be found at the bank´s web page www.hsbc.cz within the list of payment cut-off times. Any exceptions agreed with clients individually remain untouched by this change.
This Notice is an integral part of the Business Terms and Conditions for Current Accounts of Legal Entities (Conditions). Terms used but not defined herein have the same meaning as in the Conditions.
01 February 2019
HSBC Bank plc, registered number 00014259, a company incorporated under the laws of England and Wales having its registered office at 8 Canada Square, London, E14 5HQ, United Kingdom of Great Britain and Northern Ireland ("HSBC Bank plc") and HSBC FRANCE, registered number 775 670 284 RCS Paris, a company incorporated under the laws of France as a société anonyme having its registered office at 103, avenue des Champs Elysées, Paris, 75008, France ("HSBC FRANCE"), hereby announce that they have entered into a Local Business Transfer Agreement (the "Agreement") under which HSBC Bank plc transferred to HSBC FRANCE such part of its business (as defined in the Agreement) forming an independent organisational unit of HSBC Bank plc in the Czech Republic within the meaning of Sec. 2183 of Act No. 89/2012 Coll., the Civil Code, and was carried out through HSBC Bank plc – pobočka Praha, with its seat at Na Florenci 2116/15, Nové Město, 110 00 Prague 1, Czech Republic, identification number 65997212, registered with the Commercial Register maintained by the Municipal Court in Prague, Section A, Insert 20030.
The transferred part of the business includes all assets and liabilities of HSBC Bank plc – pobočka Praha (except as explicitly excluded in the Agreement), as well as business activities operated through HSBC Bank plc – pobočka Praha, including deposit and cash management services, derivatives, trade and supply finance services, lending, investment services and guarantees. The transfer of the part of the business became effective on 1 February 2019.
The transferred part of the business, including all assets, rights, liabilities and other items pertaining thereto, was allocated to the branch of HSBC FRANCE in the Czech Republic: HSBC France – pobočka Praha, with its registered seat at Na Florenci 2116/15, Nové Město, 110 00 Praha 1, Czech Republic, identification number 07482728, registered with the Commercial Register kept by the Municipal Court in Prague, Section A, Insert 78901, which will continue operating such part of the business in succession to HSBC Bank plc – pobočka Praha.