Import Services

Issuance of documentary credits (DCs) and standby letter of credits (SBLCs) - When issuing DCs or SBLCs through HSBC, you enjoy the following benefits:

• Detailed advice on structuring the instruments to meet your import    requirements
• Comprehensive guidance on the DC terms and conditions
• Access to HSBC's vast global expertise and resources
• Ability to turnaround transaction processing expeditiously

Import Collections services - This is a cost-effective solution for trading internationally. Under this arrangement, the importer gets the shipping documents, after making payment or providing an acceptance to pay at a future date. We have established strict service standards, which ensure that you are promptly informed of any documentary collections drawn on you.

Import Financing - We can address funding gaps in your trade cycle and support your business, by providing you import financing options in foreign currency (at LIBOR linked rates) or in Indian Rupees. We can arrange import buyers' credit financing through HSBC branches / group entities overseas, at internationally competitive LIBOR linked rates.

Advance Remittances / Direct Remittances - For your import payments to be made to overseas beneficiaries, we provide a quick turnaround for payments by way of Telegraphic Transfer / Demand Drafts etc.

Issuance of shipping guarantees/delivery order or any other guarantee - In case the goods you import arrive before the transport documents, we could issue you a shipping guarantee / delivery order to facilitate taking delivery of the goods. You then have immediate access to your goods and avoid expensive storage fees and demurrage charges.

Advisory services on any Import transactions - Whatever your sourcing requirements, we are well positioned to provide you expert advice for structuring your import transactions. Leveraging on our global presence, we can offer solutions where HSBC group entities can handle the transaction on both sides thereby ensuring a smoother, safer and a more cost-effective execution of transactions. 

For any further details on Import Services, please write an email to:

Surath Sengupta    -    surathsengupta@hsbc.co.in

Terms and Conditions apply