Enhancing the efficiency and security of your International transactions
A Documentary Credit (DC) is an undertaking by the issuing bank, on behalf of your customer, to make payment for goods or services provided by you within a prescribed time limit and against compliant documents.
Enhance the efficiency and security of your international transactions with export DCs, which gives you peace of mind to do business with new business partners and allows you to expand into new markets. An export DC will also make obtaining pre-shipment or post-shipment financing for your business easy.
How do DCs work?
Advice your DCs through HSBC's Instant@dvice and the text of the credit will be e-mailed to you for easy reference
The DC will be held in safe custody for you
HSBC will help you reduce the risk of non-payment due to unexpected discrepancies by applying rigorous checking standards.
HSBC will help you reduce the risk of non-payment due to unexpected discrepancies by applying rigorous checking standards.