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- DC Confirmation
Documentary Credit Confirmation
Why is this export service right for you?
- Double protection for Documentary Credit (DC) payments
- Reduces your exposure to risk
- HSBC is one of the banks which provide DC Confirmations for the widest range of DC issuing banks.
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
Online Services
HSBCnet
or
Internet banking
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