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Transferable Documentary Credit

Transferable Documentary CreditsRetain Control Over Your Transaction

Do you regularly deal through an intermediary party when conducting trade? Does your intermediary have problems obtaining credit facilities? If so, HSBC can help facilitate this trade with our Transferable Documentary Credits.

 

Benefits:

  • Allows your supplier to source goods without having to secure funds or credit facilities
  • Retain control over your transaction as all parties involved follow the same terms and conditions
  • Strengthens your negotiating position with suppliers by offering a 'guaranteed' payment
  • Enables your agent to transfer the credit to the ultimate suppliers

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