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Guarantees

Performance Bonds

HSBC can provide you with a commitment of the beneficiary to assure the full performance of obligations to your client . Should you violate the contract and become subject to compensation, the bank shall perform in lieu of you.

Advance Payment Guarantees

HSBC can provide you with a commitment to assure the obligation of advance reimbursement on your behalf. Should you fail to reimburse the advance payment to the beneficiary, the bank shall perform in lieu you.

Tender Guarantees

HSBC can provide you with a commitment with the tender inviting party to assure the obligation to participate in the tender. Should you violate bidding provisions and become subject to compensation, the bank shall perform in lieu of you.

Payment/Trade Debt Guarantees

HSBC can provide you with a commitment to assure your payment obligation. Should you fail to perform the payment obligation, HSBC shall perform in lieu of you.

VAT Bonds/Duty Deferment Bonds

HSBC can provide you with a commitment with Import Customs to assure your tax payment obligation is fully performed. Should you fail to perform the tax payment, the bank will do so in lieu of you.

Warranty Bonds

HSBC can provide you with a commitment to assure you will perform maintenance and after-sale services as agreed in the contract. If not, the bank shall compensate on your behalf.