Open Account

Leverage the strength of HSBC’s trade network for safe, secure financing options when trading on open account terms. Buyers eliminate the need to issue a Documentary Credit (Letter of Credit) or Documentary Collection, with Import Finance being provided upon presentation of supplier invoices and evidence of shipping. Suppliers can access Export Finance simply by submitting an invoice and providing a copy of shipping documents to initiate payment. HSBC also offers comprehensive Receivables Finance options for additional working capital, credit protection and collections services.