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Documentary Credit Confirmation
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 bank 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
Other useful information and services
Next steps
- Call 2748 8282
- Visit an SME Centre
Payments and Cash Management
Maximise your cash flow while minimising your effort
- Enjoy greater convenience by paying your suppliers quickly and securely using the HSBC payments solutions
- Enhance your cash flow by receiving customer payments on time every time
Protect your business
Wherever your business takes you, our range of insurance services could be just what you need!
- Protect your business
- Protect your employees
- Instant online quote and buy
- Save up to 30% on your premiums
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Check out our quarterly Review on Currency, Equities and Bonds Market conditions and outlook.
