Documentary Credit Confirmation

Information

Why is this export service right for you?

Double protection for Documentary Credit (DC) payments

Reduces your exposure to risk

HSBC is one of the banks providing DC Confirmation for the widest ranges of DC issuing bank

Other benefits

Assures payment by HSBC against compliant documents even if the DC issuing bank is unable to pay

Often used for business transactions with buyers in developing countries

Eliminates the contingent liability in your books as payment, once received from HSBC, is without recourse

Competitive rates

HSBC's global network provides intelligence on the financial strength and standing of the DC issuing bank