Documentary Letters of Credit

Product Overview

A Documentary Letters of Credit, also known as a "DC", is a cornerstone of international trade. A DC issued by HSBC allows exporters to ship with confidence knowing that the DC is backed by one of the world's largest banks.

Benefits

• Risk mitigation
• A full range of special DC's to suit importers
• Global network
• HSBC's expertise in international trade

Product Features

• Payment effected only upon receipt of documents in full conformity with DC terms and conditions
• Prompt on-line DC open via EDI or Internet(HSBCnet-ITS)