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BUSINESSTODAY 17 September 2020

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5 NEWS 17.09.2020 Rent refund application process begins MORE than 16,000 businesses current- ly receiving the wage supplement have received the application for the rent re- fund. rough this measure, businesses will be receiving € 2,500 in aid. Businesses operating from more than one location and employing more workers can bene- fit up to € 7,500. e aim of this incentive is to reduce the burdens on businesses and the self-employed that have been encoun- tered in the first months of the COV- ID-19 pandemic. Malta Enterprise's initial email pro- vides clients the link for an online ap- plication. e application is divided into four elements: 1. e presentation of a lease contract valid before 9 March 2020. 2. Copy of the last rental receipt (in- cluding part of 2020). 3. To provide information on any fi- nancial grants that the business has al- ready received from different Govern- ment departments to date 4. 'Undertaking in difficulty' declara- tion form. All those who have benefited from the COVID Wage supplement are also eli- gible for this scheme. e process follows the same method of interaction that customers have al- ready become accustomed to through the wage supplement. If the steps are done correctly, then the applicant will only have to wait for the confirmation emails (Approval) from Malta Enterprise. After accepting this email the appli- cant receives the money directly into his bank account. Applications will be accepted until 9th October 2020 is measure is the latest in a series of measures being administered by Malta Enterprise specifically part of the Eco- nomic Regeneration package. Apart from this process, since March, Malta Enterprise has also been admin- istering the Wage Supplement scheme, incentives in connection with Telework equipment, compensation to employers for quarantine leave, as well as the re- fund on the electricity bill. More information can be obtained from the dedicated site: regeneration. maltaenterprise.com or by calling 144. KEEPING up with changes in tech- nology, regulation, and the econom- ic environment can be demanding. at's why HSBCnet brings powerful, intuitive online tools that help com- mercial customers manage even their most complex banking needs. HSBCnet gives customers a clear picture of all their accounts in one place, whenever and wherever they want it. HSBCnet provides straight- forward access to customers' critical business functions in one consoli- dated platform – from comprehen- sive cash management, to trade and supply chain tools and global markets solutions. HSBCnet is simpler, faster and smarter with an improved user in- terface, robust data validation, new search and filtering capabilities. rough HSBCnet, customers can experience seamless connectivity with flexible options, integrated with Enterprise Resource Planning (ERP) systems and consolidated payment files across countries and currencies. Customers can also protect their business against cybercrime with industrial-grade protection and bi- ometric login functionality, where they can also receive 24/7 support through LiveShare and Virtual Assis- tant as well as LiveChat during our Helpdesk opening hours. Joyce Grech, Head of Commercial Banking at HSBC Malta, said: "HSB- Cnet allows our business customers to operate their finances whenever and wherever is most convenient for them. Our trained staff are also always here to help, through easy 24/7 access to Virtual Assistant support feature as well as LiveChat from Monday to Friday from 8am till 5pm. All this can also be done from customers' mobile phones, as the HSBCnet Mobile App is available on iPhone and Android smartphones which is downloadable through the App Store and Google Play Store. rough the app, clients can view account information, au- thorise and track payments and re- ceive My Alerts." To log on the HSBCnet platform, please visit hsbcnet.com. For more information on HSBC- net, please call HSBC Malta's Contact Centre on 2380 8000, visit www.busi- ness.hsbc.com.mt/hsbcnet or con- nect with the HSBC representatives via Live Chat by logging on HSBCnet. HSBCnet enhanced to further support commercial customers' banking needs

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