Import Documentary Credit

Why is this payment method right for you?

• Ensures a supplier has met your terms and conditions before you pay them
• Strengthens your negotiating position by offering a guaranteed payment
• Can be used to improve cash flow

Other benefits

• Protects you and your supplier's interests
• Can be used to increase the credit period a supplier is willing to give
• Documentary Credits issued by HSBC will be widely accepted as payment assurance by suppliers and their banks
• Can be used in place of deposits and advances financed by import loans, overdrafts or your own cash reserves

How does a Documentary Credit work?

A Documentary Credit is an undertaking by a bank to pay a supplier for goods or services within a prescribed time limit as long as clearly defined terms and conditions have been met.

Other useful information and services

• Export Services
• Trade Finance
• Trade solution
• Online trade services
• Guarantees

Disclaimer: The above information is provided for your reference only without legally binding over any party, and does not construe any form of legal, financial or other professional advice. Trade and supply chain transactions may be subject to credit approval. Other restrictions, including specific country regulations, may apply. Foreign currency exchange rates may apply to certain trade transactions.