When developing business relationships with overseas suppliers, there can be a number of key factors to consider. A documentary credit issued by HSBC Amanah provides comfort and security to both the buyer and supplier by helping to mitigate the inherent risks of international trade.
DC* issued by HSBC Amanah has a number of key benefits for both you and your suppliers as follows:
DC issued by HSBC Amanah has the backing of one of the world's largest financial services organisations. This means that any DC issued by us in your name will be universally acceptable, both by your vendors, and their banks.
Our global presence across Europe, the Asia-Pacific region, the Americas, the Middle East and Africa means that wherever you trade, an HSBC Amanah representative is available to assist with your transactions.
By routing your DC through our overseas branches, we can help reduce your processing times and ensure that the DC is advised to your supplier without delay. This is particularly important if you need your goods in a hurry, or if your vendor needs some time to prepare the export documents.
Our award-winning trade teams are available at any time to provide you advice on any aspect of DC issuance. We can also arrange training for your staff at your own offices.
Beneficiaries of HSBC Amanah DC are entitled to the same high level of professional support and advice as any of our customers. Our overseas trade offices can explain complex DC terms to your suppliers and assist them in preparing export documents and identifying discrepancies.
*Based on Shariah principle of Murabahah or Wakalah