Standby Letters of Credit can support a large range of obligations, including performance guarantee, rent security, advance payment, bid bonds, warranty bonds, customs bonds, commercial trade, insurance, direct pay, and more.
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United States persons (including entities) may be subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons and entities should consult a tax advisor for more information.
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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. Certain products and solutions may not be offered in every market.
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HSBC has participated with Ex-Im Bank in the Global Access for Small Business initiative to help small companies export goods and services produced by U.S. workers. If you are interested in learning more about how HSBC and Ex-Im Bank can help support your export sales, visit Ex-Im Bank.
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