Documentary Credit Confirmation

Why is this export service right for you?

• Additional protection for Documentary Credit (DC) payments
• Reduces your exposure to risk

Other benefits

• Assures payment by HSBC against compliant documents even if the DC issuing bank is unable to pay
• Often used for business transactions with buyers in developing countries
• Eliminates the contingent liability in your books as payment, once received from HSBC, is without recourse
• Competitive rates
• HSBC's global network provides intelligence on the financial strength and standing of the DC issuing bank

Other useful information and services

• Instant@dvice
• DC Safe Custody
• How Documentary Credits Work
• Documentary Credit Comparison Table