Export Services

Packing credit

This is a pre-shipment finance available to an exporter, both in local and foreign currency, against an irrevocable DC or a contract followed by an irrevocable DC. An exporter can avail of this flexible finance after having its facility arrangement set up with the Bank. The credit covers manufacturing cost, and supports cash flows while goods are packed and awaiting shipment.

Post-shipment export loan

This finance is available to an exporter after making shipment of goods to the buyer against shipping documents and where the exporter finds himself unable to get DC or documents negotiated or discounted. Post-shipment finance is available both in local and foreign currency and the exporter can avail of it after having the facility arrangement with the Bank. These loans are automatically adjusted through repatriation of export proceeds. This product is structured to ensure an exporter's trade cycle is adequately financed.

Export negotiation/Discounting

An exporter can avail of immediate finance after presentation of shipping documents under DC transaction. Documents are checked by experienced staff to ensure compliance with DC terms and to reduce the non-payment risk. It helps an exporter offer more payment options to buyers without a negative effect on his cash flows.

Documentary collection

This service is offered to exporters to secure their non-DC transactions by routing their documents through us under collection. Documentary collections are simpler and more cost-effective than transactions under DC. Dispute risks are reduced by following ICC rules URC 522 which define the responsibilities and expenses relating to the different parties involved. Utilising the HSBC network provides the exporter the convenience of better and easier chase for outstanding payments.

DC advising

This service is offered for both local and foreign DCs and their amendments, issued to exporters/beneficiaries. TSC trade experts check the authenticity of DCs and ensure timely delivery to exporters/beneficiaries.

DC confirmation

This service is offered to exporters/beneficiaries to mitigate non-payment risk under DCs. DC confirmation is offered on the request of either issuing bank or beneficiary.

DC transfer

We also provide DC confirmation on the request of DC Issuing Bank or the beneficiary.

Export refinance

This is a local export refinance scheme, offered by the central bank to exporters of eligible items through different commercial banks in local currency at subsidised rates. The scheme is offered in two forms; one is known as EFS Part-I and other as EFS Part-II. We offer both forms of this scheme to our export customers.