Non-Recourse Discounting

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

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