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Exporting

Back-To-Back Documentary Credit

Back-To-Back Documentary CreditMinimise Discrepancies When Trading

Do you act as the intermediary party in a transaction when conducting trade? HSBC's Back-to-Back Documentary Credits are separate credits where the DC you receive from your buyer is used to guide the terms and conditions of the DC you send to your buyer to make payment smooth and safe.

 

Benefits:

  • Minimises discrepancies by allowing HSBC to thoroughly check both your and your supplier's documents
  • Your business enjoys greater security when a transaction is in progress
  • Reduces the need for finance by using export proceeds to pay for your imports
  • You control the relationship by hiding the identity of your supplier

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