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 |
---|---|---|---|
1 | Algeria | DZD | Algerian Dinar |
2 | Armenia | AMD | Armenia Dram |
3 | Australia | AUD | Australian Dollar |
4 | Bahrain | BHD | Bahraini Dinar |
5 | Bangladesh | BDT | Bangladesh Taka |
6 | Botswana | BWP | Botswana Pula |
7 | Canada | CAD | Canadian Dollar |
8 | China | CNY | China Yuan |
9 | 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:
- Switzerland Franc (CHF)
- Nigerian Naira (NGN)
- Tanzanian Shilling (TZS)
- Indonesian Rupiah (IDR)
- Uganda Shilling (UGX)
- Chile Peso (CLP)
- Ghana Cedi (GHS)
- Colombian Peso (COP)
- Guatemala Quetzal (GTQ)
- Iceland Kronur (ISK)
- 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).