HSBCnet
Trade and Supply Chain
Trade and Supply Chain
As an organisation that operates in 87 countries and territories across the globe, we are uniquely placed to offer your business a suite of international banking services.
Our Trade specialist’s team have experience in both the Spain and international markets. They will provide you with the assistance and guidance you need to grow your business internationally and ensure you have access to tailored banking.
HSBC Bank plc with over 2,5 million companies all over the world, increasing the chances to perform global transactions and enjoy the amazing advantages associated to have the same bank working with Importers and Exporters:
- Time reduction
- Global assistance
- Flexibility / tailored solutions
- Resolution of disputes
- Automatic Country Hedging
- Exceptional Funding Conditions
- Best pricing
International services at a glance
Documentary credits or collections:
It is the international mean of payment which offers more safety and funding capabilities for both Importers and Exporters
- Import Documentary Credits
Importer asks its bank to undertake payment of goods and/or services to a beneficiary (supplier) upon presentation of compliant documents under conditions agreed and reflected in the Documentary Credit. It is a quick and safety method to grant payment to the suppliers.
Benefits:
- Access to International Suppliers
- Cash flow enhancement as it is easier to obtain usance payment conditions
- It ensures that buyer pays only if Documentary Credit terms and conditions are compiling
- Reduce financial risk
- If Trade Cycle requires, payment can be financed
- Internet Trade Services allows applying for Documentary Credits from any computer in the world
- Export documentary Credits
Under an export Documentary Credit, the exporter is protected against its client insolvency, settlement will only depend on the presentation of compliant documents. If the exporter requires further political and commercial coverage on the Importer’s country, he can always ask HSBC for the confirmation of the transaction.
Benefits:
- No need to be an HSBC customer to enjoy this service
- Improve your cash flow management
- Exporter can obtain discount without recourse without a credit line in place
- Facilitate access to pre-shipment finance
Guarantees:
It is a key product to international business expansion. Vital to access International Tenders, to grant performance of contracts, advance payments, etc HSBC offers you the opportunity to issue guarantees all over the world, putting at your disposal its global network for a simply and accurate process.
Collections (Documentary and Simple):
The perfect choice between open account and documentary credit is the documentary collection, which allows the exporter to keep control over the goods until payment or commitment to pay occurs. HSBC will act as an intermediary but, unlike Documentary credits, will not assume importer insolvency risk.
Simple collections allows the exporter to obtain settlement of checks, bills of exchange and promissory notes.
Import / Export finance:
90% of the global international trade transactions require funding according to the International Chamber of Commerce. HSBC analyse International Trade cycles of companies to offer a comprehensive suite of tailored trade credit lines to cover all needs: from finance of purchases to discount of sales.
If you would like to know how these services could help you, simply click on the banner below and contact us via our contact page.
