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Importing

Back-To-Back Documentary Credits

Back-To-Back Documentary CreditsMinimise Your Import Discrepancies

Do you act as the intermediary party in a transaction when conducting trade? HSBC's Back-to-Back Documentary Credits are separate credits where the DC you receive from your buyer is used to guide the terms and conditions of the DC you send to your supplier to make payment smooth and safe.

 

Benefits:

  • Minimises discrepancies as HSBC thoroughly checks your and your supplier's documents
  • Your business enjoys greater security when a transaction is in progress
  • Reduces the need for finance by using export proceeds to pay for your imports
  • You control the relationship by hiding the identity of your supplier

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