Import Documentary Credit

Why is this payment method right for you?

Ensures a supplier has met your terms and conditions before you pay them
Strengthens your negotiating position by offering a guaranteed payment
Can be used to improve cash flow

Other benefits

Protects you and your supplier's interests
Can be used to increase the credit period a supplier is willing to give
Documentary Credits issued by HSBC will be widely accepted as payment assurance by suppliers and their banks
Can be used in place of deposits and advances financed by import loans, overdrafts or your own cash reserves

How does a Documentary Credit work?

A Documentary Credit is an undertaking by a bank to pay a supplier for goods or services within a prescribed time limit as long as clearly defined terms and conditions have been met.

Other useful information and services

Next steps

Call 2748 8282
Visit an SME Centre

Payments and Cash Management

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Enhance your cash flow by receiving customer payments on time every time

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