Finance for Open Account Trading

Why is this type of finance right for you?

Provides import finance to buyers or traders operating on open account terms, without the need to issue a Documentary Credit (DC).
Provides export finance to suppliers or traders operating on open account terms, without the need to obtain a DC from buyers.

Types of open account finance

Clean Import Loan (for buyers) – rather than being triggered by the receipt of a Documentary Credit or Documentary Collection, the advance is made on presentation of supplier invoices and evidence of shipment only.
Clean Export Loan (for suppliers) - simply submit you invoice and a copy of the shipping documents.
Receivable Finance - if you are selling on open account terms and need a solution for financing, credit protection or collection, check out our Receivable Finance section

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