Import and Export Transactions' Safety

Our transactions' safety products for import and export enable quick and reliable payments, help prevent risks arising from business contracts and give confidence, that everything will run smoothly.

The two main instruments to ensure this are:

• Documentary Collections
  Whereby the importer only makes payment in exchange for documents detailing the goods shipped. Beneficial for both importer and exporter, Documentary Collections offer a cost-effective but secure means of trading internationally. Under D/P (documents against payment) terms, import documents, which usually include entitlement to the goods, are released to you upon payment. Under D/A (documents against acceptance) terms, documents are released to you against your promise to pay.
• Documentary Credits (DCs)
  Where the exporter stipulates the exact documents required to evidence that the goods have been shipped strictly in accordance with their requirements, and the bank pays only if those conditions have been met, or the importer accepts the discrepancies.
  
  DCs issued by HSBC have the backing of one of the world's largest financial services organisations, therefore you can be confident that they will be acceptable both by your vendors and your vendors' banks anywhere in the world.