Payments

Global receivables

You need strategies and solutions to help you navigate an uncharted environment. We can help.

If you are selling on open account terms and need solution on financing, credit protection or collection, check out our Receivables Finance options.

Features and benefits

One-stop hassle-free solution for trade receivables in multiple currencies, including RMB

Tailored solutions for businesses trading on open account terms

Another way to get finance when a buyer no longer issues Documentary Credits (DCs)

People to follow up payments on your behalf

Protects you against buyer default or insolvency

Effective ledger management

You sign an agreement with HSBC
You provide goods or services to a customer and invoice them
You send the invoice to us
You have access to standby funds up to an agreed percentage of the invoice value
When and how you use these funds is entirely up to you
Either HSBC or an overseas representative under our supervision will collect the sales proceeds from your customer
When the invoice is paid, you receive the balance
In the case of undisputed receivables where a customer defaults or becomes insolvent, if you have taken out credit protection on the customer with us, we will pay you the outstanding balance up to the value of the agreed credit protection limit