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Exporting

HSBC China Collect

HSBC China CollectManaged Your Export Services More Effectively

HSBC ChinaCollect is a trade receivables monitoring system offered free to exporters selling into China under DC or DP/DA transactions. Every export bill sent to China for payment (irrespective of the issuing or collecting bank) will be monitored by this system. HSBC Group local China trade experts will personally follow up with each payment and proactively chase up the issuing/ collecting bank to help prevent problems from occurring.

 

Benefits

  • Providing additional resources to work on the exporter's behalf in the country or the importer
  • Payments are closely monitored
  • Potential problems are identified earlier
  • The number of 'snag' cables and chances of miscommunication are reduced
  • Exporter retains better control of the payment
  • Quicker payments and lower bank charges

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