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Import Finance

Documentary Credits

Documentary CreditsProviding Comfort and Security For Your Trading

A Documentary Credit (DC) is a bank's guarantee of payment against specific documents and conditions, and may be used to finance your imports instead of other types of finance such as an import loan or an overdraft. The security of an HSBC guaranteed payment might also enable you to increase the credit period your supplier is willing to extend to you.

 

Benefits:

  • Defer payment for goods until the goods or documents arrive
  • Enjoy a much safer and cheaper alternative to making deposits or advance payments
  • You specify the terms and conditions of payment
  • You negotiate longer trade terms with your supplier with usance DCs

Or call 1800 88 3898 for more detailsLets Talk