HSBC executive points to tokenised deposits as treasury tool

FinextraTV has released a 10-minute sponsored interview from EBADay 2026 in Copenhagen in which Sovon Chatterjee of HSBC discussed tokenised deposits for corporate treasury operations. The segment focused on how the instrument could address 24/7 payment needs and reduce reliance on pre-funded balances, according to Finextra.

Chatterjee, director of product management for Global Payment Solutions in Europe at HSBC, said corporate treasurers face practical constraints when trying to operate around the clock, Finextra reported. He said tokenised deposits are beginning to build an experience that could help address those constraints.

For companies with cross-border or time-sensitive payment needs, 24/7 operation can require liquidity to be positioned in advance. Finextra said Chatterjee identified the removal of pre-funding floats as a key potential benefit of tokenised deposits, describing such floats as often carrying a large cost.

Liquidity and pre-funding

Pre-funding refers to the practice of placing money in an account or payment arrangement before it is needed so transactions can be executed when required. For treasurers, that can tie up cash that might otherwise be used elsewhere in the business. Finextra reported that Chatterjee presented tokenised deposits as a way to reduce the need for those floats.

The interview did not disclose adoption figures, transaction volumes, cost savings or implementation timelines in the published description. It also did not name specific corporate clients or describe a live production rollout.

Barriers to wider use

Finextra said Chatterjee also discussed hurdles to broader adoption of tokenised deposits. The published summary did not list those barriers in detail, but it highlighted interoperability as a central requirement.

Interoperability is a practical issue for bank-backed digital money because corporate payment systems, banking platforms and market infrastructures must be able to work together for treasurers to use new instruments at scale. According to Finextra, Chatterjee stressed its importance in expanding the use of tokenised deposits.

The video was produced by Finextra’s editorial team with input from subject matter experts at the funding sponsor, according to the publication’s disclosure. Finextra categorised the segment under regulation and compliance, cryptocurrency, retail banking and payments, with EBADay and DeFi listed as keywords.

EBADay is an industry venue for bank and payments executives, and the Copenhagen discussion places tokenised deposits within a broader institutional payments debate. Based on Finextra’s summary, the HSBC comments centred on treasury operations rather than retail crypto use or speculative digital assets.

This story draws on original reporting from Finextra Research.