Export Letter of Credit
PAYMENT JUST THE WAY YOU WANT IT: FASTER
While Export Letters of Credit provide a secure method of guaranteeing payment from your buyers, it is absolutely essential to have your export documents negotiated properly as even the most minor discrepancies can expose you to loss. HSBC’s high-level checking standards, and our strict turnaround times for export bills ensure that your documents are negotiated and dispatched promptly – speeding payment and improving cash flow. Other features and benefits include:
- Variable terms, including transferable Letters of Credit
- No credit lines required
- Electronic reporting capabilities via HSBCnet
- New opportunities via access to foreign markets
