Export Documentary Credit Negotiation

Information

Why is this service right for you?

You receive immediate payment on presentation of shipping documents under a Documentary Credit (DC) transaction

Improves cash flow

Reduces non-payment risk

Other benefits

Allows you to reinvest sales proceeds immediately

You can offer more payment options to customers without a negative impact on your cash flow

Experienced HSBC staff check documents and correct errors to ensure compliance before submission to the DC issuing bank

No credit facilities required

If documents are presented before noon and have no discrepancies, the funds will usually be advanced to you on the same day

Proceeds from Export DC Negotiation can be used to settle packing credits or import loans