Confirmations
LESS RISK, MORE REWARD.
If and when you're uncomfortable with the country risk of the buyer, or you're not familiar with the bank issuing the Letter of Credit, HSBC can use its extensive international network and global knowledge to confirm your Export Letter of Credit. With this tool, you are protected from the issuing bank and country risk associated with your overseas sale. Other features and benefits include:
- HSBC undertakes to pay you against presentation of conforming documents
- Confirmation covers the life of the letter of credit
- Letter of Credit may be negotiated at our counters, improving cash flow.
