SCF-Online Service assistant of supply chain management

Hang Seng China’s Supply Chain Finance solution considers buyers and suppliers as a whole and designs trade financing solutions that fits the whole supply chain based on characteristics of each company and trading cycle.

SCF-Online Service and automated solution

SCF-Online Service provides a comprehensive supply chain financing system solution with the characteristics of online automated and end-to-end for upstream and downstream core enterprises and their suppliers, which also provides consumers with a new channel for online supply chain financing application.

 

How does it work?

1. Buyer uploads or manually enters the approved invoice file onto Hang Seng China Supplier Chain Finance platform.

2. Supplier manually requests early payment (unless automated early payment is agreed)

3. Supplier receives early payment(all payments are made at Hang Seng China’s sole and absolute discretion)

4. Hang Seng China provides a notification to the buyer (before the settlement day)

5.Buyer settles the approved invoice on the due date with Hang Seng China

6.Hang Seng China pays the supplier at maturity (where no early payment), given Hang Seng China is in funds from the buyer

Notes: All offers of financing, products and services are subject to credit adjudication, qualification and prior approval . Other conditions or restrictions may apply

For more platform details, please contact sales manager.

Log on to SCF-Online Service
Note:

HSBCnet is applicable to HSBCnet customer