HSBC Global Disbursements transitions to RBC International Pay

As part of the HSBC-RBC transition, UBC is transitioning to RBC’s International Pay on January 17, 2025.  

Please note there is a difference in the level of supported currencies between RBC’s International Pay and the previous platform HSBC Global Disbursement. Below are RBC International Pay supported currencies available in Workday, followed by unsupported currencies that will be impacted. 

International Pay Supported Currencies in Workday 

Only available currencies will be available to select in Workday. All currencies that were previously available with HSBC Global Disbursement will be disabled upon the transition to RBC International Pay.  

Below are the RBC International Pay available currencies:  

Number Country Currency Code Currency Long Name 
Algeria DZD Algerian Dinar 
Armenia AMD Armenia Dram 
Australia AUD Australian Dollar 
Bahrain BHD Bahraini Dinar 
Bangladesh BDT Bangladesh Taka 
Botswana BWP Botswana Pula 
Canada CAD Canadian Dollar 
China CNY China Yuan 
Czechoslovakia CZK Czech Republic Koruna 
10 Denmark DKK Danish Krone 
11 Egypt EGP Egyptian Pound 
12 Eswatini SZL Swaziland Lilangeni 
13 Euro Member Countries EUR Euro 
14 Hong Kong HKD Hong Kong Dollar 
15 Hungary HUF Hungarian Forint 
16 Israel ILS Israeli Shekel 
17 India INR Indian Rupee 
18 Japan JPY Japanese Yen 
19 Jordan JOD Jordanian Dinar 
20 Kenya KES Kenyan Shilling 
21 Kuwait KWD Kuwaiti Dinar 
22 Malawi MWK Malawi Kwacha 
23 Mexico MXN Mexican Peso 
24 Morocco MAD Moroccan Dirham 
25 New Zealand NZD New Zealand Dollar 
26 Norway NOK Norwegian Krone 
27 Oman OMR Omani Rial 
28 Pakistan PKR Pakistani Rupee 
29 Peru PEN Peruvian Nuevo Sol 
30 Philippines PHP Philippine Peso 
31 Poland PLN Polish Zloty 
32 Qatar QAR Qatari Riyal 
33 Saudi Arabia SAR Saudi Riyal 
34 Singapore SGD Singapore Dollar 
35 South Africa ZAR South African Rand 
36 Sri Lanka LKR Sri Lankan Rupee 
37 Sweden SEK Swedish Krona 
38 Thailand THB Thai Baht 
39 Turkey TRY Turkish Lira 
40 U.A.E AED U.A.E Dirhams 
41 United Kingdom GBP Pound Sterling 
42 United States USD United States Dollar 

Impacted UBC Currencies  

UBC has reviewed payments through Global Disbursements for the past 12 months and noted the following currencies that will be impacted by UBC’s transition from HSBC Global Disbursement to RBC’s International Pay: 

  1. Switzerland Franc (CHF) 
  2. Nigerian Naira (NGN) 
  3. Tanzanian Shilling (TZS) 
  4. Indonesian Rupiah (IDR) 
  5. Uganda Shilling (UGX) 
  6. Chile Peso (CLP) 
  7. Ghana Cedi (GHS) 
  8. Colombian Peso (COP) 
  9. Guatemala Quetzal (GTQ) 
  10. Iceland Kronur (ISK) 
  11. Namibia Dollar (NAD) 

If your payment cannot be supported by International Pay (Workday), please contact Treasury Cash (treasury.cash@ubc.ca) to discuss the payment options for your vendor. 

For more information on the HSBC-RBC transition, please visit HSBC-RBC Transition project website (CWL required).