Non-recourse Discounting

Information

Why is this service right for you?

Immediate payment on DC issuing bank's acceptance of documents

Transfers the risk of non-payment to HSBC

Limits trade finance liabilities

Other benefits

No delay between the time the DC issuing bank agrees to pay and the time payment is made

Peace of mind that payment is final, even if HSBC has problems collecting the export proceeds

Improves cash flow

Removes contingent liabilities from your balance sheet

Improves the financing capacity of your business