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Import documentary credit and amendments
One of the safest methods of international settlement.
More benefits. More flexible.
Do you plan to develop new trading relationships? Are you looking for a more secure form of trading from your seller? You can achieve this by requesting a documentary credit (DC)/letter of credit (LC) be issued to you through HSBC.
Why is this payment right for you?
Ensures a supplier has met your terms and conditions before you pay them
Strengthens your negotiating position by offering a guaranteed payment
Can be used to improve cash flow
Other benefits
Protects you and your supplier's interests
Can be used to increase the credit period a supplier is willing to given
Documentary credits issued by HSBC will be widely accepted as payment assurance by suppliers and their banks
Types of documentary credits and amendments
Sight/Usance documentary credits: Traditional instruments that facilitates international trade
Domestic Documentary Credit: A credit issued to beneficiaries located in the same country as the applicant and issuing bank
Transferable DC: A credit that permits the beneficiary to transfer all or some of the rights and obligations under the credit to a second beneficiary or beneficiaries
Red clause DC: A credit that permits the beneficiary to receive an advance payment by way of pre-shipment financing
Market information
Contact us
HSBC Trade Services
24 Sir Baron Jayathilake Mawatha
Colombo 1
Sri Lanka
Call +94 114 793 855
