Trade Finance
One-stop trade finance services to help you seize every business opportunity
In Hong Kong, Hang Seng is renowned for its premium trade services. In Mainland China, we are committed to providing equally professional and efficient trade services to our business partners. We offer a comprehensive range of trade services and finance
Export
We offer a full range of export services and financing for your business. We provide you with high quality services to meet your working capital needs.
| Documentary Credit (DC) | Export Collection Bill (Non DC) | Pre-shipment Financing | Post-shipment Financing | ||||
|---|---|---|---|---|---|---|---|
| • DC advising • DC bill processing • DC confirmation • Transferable DC | To help you liaise with your buyer’s bank and release documents only upon receipt of your buyer’s payment or acceptance of draft. | • Packing loan • Order Packing Loan | • DC negotiation/discount (with recourse) • DC discount (without recourse) • Forfaiting • Purchase of collection bills • Trade Loan for Sellers | ||||
Import
We offer a full range of import services and financing for your business. We provide you with high quality services to meet your working capital needs.
| Documentary Credit (DC) | Import Collection Bill (Non DC) | Shipping Guarantee | Import Finance | Refinancing | HACN HSBCNET ITS User Manual |
|---|---|---|---|---|---|
| • DC issuance • Back-to-back DC • Standby DC | A simpler and more cost-effective alternative to DC based on trust built between you and your supplier. | Enables you to take delivery of goods before arrival of documents, thus avoiding storage and demurrage charges. | •Trade Loan for Buyers | Foreign currency trade loan to effect payment to your overseas supplier. | HSBCnet Trade Service-Create Import Letter of Credit HSBCnet Trade Service-Import document acceptance/settlement HSBCnet Trade Service-Buyer Import Trade Loan |
Factoring
We offer account receivable financing and management, buyer credit protection and debt collection services. We provide you with high quality services to meet your needs of developing core business.
| Factoring Services | eRF Platform | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| • Export Factoring Services • Local Factoring Services | We help you closely monitor your account receivables and realize digital management of factoring business. eRF Platform-Use Manual Guidance eRF Platform-Invoice Document Upload Guidance | ||||||||
Cross-border Trade RMB Settlement
With the opening up of cross-border trade RMB settlement in July 2009, and the increasing importance of RMB in international trade settlement, more and more enterprises make use of RMB to settle cross border trade business, in the aim of grabbing benefits from this new international trade settlement model.
Our strength：
Customized trade solutions to provide supporting your cross-border trade business
Diversified cross-border trade RMB settlement related products to offer
Our extensive RMB clearing network together with broad branch network
You can get our elite services
RMB banking service
At Hang Seng Bank (China), we offer the following services:
RMB Accounts
RMB accounts opening are offered to both onshore and offshore companies. You can manage your cross-border trade remittances via your RMB Accounts.
Cross-border RMB remittance
You can experience our real time remittance to transfer RMB funds within greater China including Mainland, Hong Kong and Macau. We also offer agent bank account services to overseas banks, any remittance via the overseas bank could be settled through the nominated agent bank account with HACN.
Cross-border RMB Trade Services & Finance
A comprehensive suite of cross-border RMB trade services, covering documentary credit (“DC”) issuance and advising, import / export trade finance and bills collection.
Cross-border RMB Trade Solutions
You can ride on the benefits of various trade solutions which can assist you to lock in the RMB exchange rate, interest rate and enhance your gains from RMB transactions.
Cross-border RMB Exchanges
You can enjoy more flexibility with the choice to settle cross-border trade transactions with your counterparts in RMB, HKD, USD or any other foreign currencies.
Remarks: All terms and conditions of our products and services are subject to PBOC latest rules and regulations.
Trade and Supply Chain Solution
Hang Seng Bank (China) provides tailor-made financial solutions supporting the entire supply chain between you and your business partners. As our anchor customers in the entire supply chain flow, we could stretch the trade finance facilities to your suppliers or buyers through a supplier finance or buyer finance program, which would reduce your transactional cost and strengthen your relationship with your business partners. We expect to grow with your business wealth.
Comprehensive Trade and Supply Chain Solutions：
Hang Seng Bank (China) has a team of dedicated experts who specialize in trade and supply chain solutions. Operation feature and financial need in the entire supply chain must be fully understood by our experts.
SCF-Online Service：
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.
SCF-Online Service User Guidance:
SCF-Online Service User Guidance - Buyer Document Upload Guidance
SCF-Online Service User Guidance – Upload Document Format
SCF-Online Service User Guidance – User Management (Buyer Side)
SCF-Online Service User Guidance – Supplier Guidance
SCF-Online Service User Guidance – User Management (Supplier Side)
Our bank offers tailor-made supply chain financial solutions for you and your business partners to cater for your business development requirement. You are always welcomed to contact your branch relationship managers or our experts in in Global Trade Solutions at 0755-82615678/0755-82612738.
Other Trade Service
Include Commercial draft service and Bank Guarantee
| Drafts Services | Bank Guarantee |
|---|---|
| We provide you with an Electronic Bank Acceptance Draft solution, which is fully digitized solution offers Draft Issuance and Acceptance, Discounting, Pledge and etc. We also offers Commercial Acceptance Draft Discounting service. HACN New ECDS System |
We offer you bank guarantee service, including Domestic Guarantee and Cross border. |
