Export DC Negotiation

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

Other useful information and services

Next steps

Call 2951 3232/ 2951 3548
Visit an SME Centre

Your Online Options

Access our Internet trade service products in your office. You can send instructions, view and manage your trade accounts, receive advices and access market information anytime, anywhere. What's more?

Save 57% on telegraphic transfer to mainland China (non HSBC accounts)
Save 55% on telegraphic transfer to other countries
Prepare your document credit and make amendments any time with the Internet

Starting a Business

So you have a business idea. What's your next step?

Apply for a commercial banking account online
Raise finance and manage cash flow
Set up MPF