The Documentary Credit (DC) is one of the most popular ways of conducting international business and offers a good level of protection and security to both buyers and sellers.
When a DC is issued, the issuing bank will send the DC to its correspondent bank (Advising Bank) for authentication and advising to the beneficiary.
With DCs advised through us, we can develop a good understanding of your business and trade cycle to proactively offer solutions to your needs.
We will provide professional advice and support whenever you need, using our expertise and global network, to enable you to expand into new markets. We can pay against compliant documents even if the issuing bank is unable to pay by adding our confirmation to your export DC For DCs issued by other HSBC offices, communications on your behalf can be more efficient and thus ensures quick receipt.
We offer a full range of post-advising services from document checking, presentation and negotiation to finance.
Electronic DC Advising - sending you a non-negotiable copy of DC (in SWIFT format) by e-mail.
Open an export account today to take advantage of all of the above and always insist on DC advising through HSBC.
To collect your DC, go to the 2nd Floor, HSBC Building Sir Baron Jayatilaka Mawatha Colombo 1.