Import Collections | HSBC Business

Simple and cost effective

An import documentary collection is generally faster, simpler and more cost effective than issuing a documentary credit.

Additional payment control

In contrast to paying your supplier in advance of receiving goods, an import collection allows you to inspect commercial documents before making payment or agreeing to pay at a fixed future date.

Flexibility

Under an import collection, you have the flexibility to easily change contract terms on shipping, delivery and insurance right up until goods are shipped.

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Improved cash flow

Import Collections can improve your cash flow by giving you the flexibility to negotiate credit terms with your seller. Moreover, you do not need to place a deposit or use bank facilities, which are required under an import document collection.