One-stop trade services
Dcoumentary Letter of Credit
A Documentary Credit is an undertaking by a bank to pay a supplier for goods or services within a prescribed time limit as long as clearly defined terms and conditions have been met.
Based on your instructions, we will issue DC on your behalf to your beneficiary (i.e. your supplier/seller/exporter). Payment or acceptance is subject to the compliance of terms and conditions stipulated in the DC and acceptance of any discrepancies.
Back-to-back DC
A Back-to-back DC safeguards your interests as a middleman by refraining from the disclosure of the identity/details of your supplier to your customers and vice versa. You simply provide us with the original L/C (called "master DC") and instructions, we will issue another DC on your behalf involving the same lot of goods (called "baby DC") to the supplier. Payment or acceptance is subject to the compliance of terms and conditions stipulated in the DC.
Guarantee or Bond
We can issue different types of Guarantees or Bonds to suit your needs, including bid bond, performance guarantee, common commercial, or statutory requirements.
Shipping Guarantees
When the goods arrive prior to your receipt of shipping documents under DC, we can help you take delivery of goods by countersigning the shipping guarantee to the shipping company. This allows you to avoid demurrage charges and possible losses due to deterioration of goods.
Inward Documentary Collections
Inward Collection is a simpler alternative to DC. After shipped the goods, supplier presents the necessary documents, together with their instructions, to their bank which forwards the documents to your bank for payment / acceptance.
With a Documentary Collection against payment (D/P), import documents are released to you on payment. With a Documentary Collection against acceptance (D/A), the documents are released to you against your aaceptance of Bill of Exchange to pay on a later day.
Import Loan under Trust Receipt is available from us in the event that you do not have sufficient liquidity to settle a payment immediately.
Trust Receipts
We can offer you Trust Receipt Facilities, against which you can take possession of goods for sale or further processing and/or obtain shipping documents under DC. Repayment can be made by the trust receipt due date.
Import Invoice Financing
For trading under an open account basis, you can obtain financing from us by presenting your supplier’s invoice and transport documents.
Contact Us
- Please call us at (852) 2820 9162 / 2820 9112
- Fax to us at (852) 2501 4018
- Email us
Apply Now
To apply for any of the above products, please:
- Visit us at:
International Trade Services & Remittances Department
25/F., Gloucester Tower
The Landmark, 15 Queen's Road
Central, Hong Kong
Fees and Charges
Please refer to our Pricing Guide.
