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Non-Recourse Discounting
Why is this service right for you?
- Immediate payment on DC issuing bank's acceptance of documents
- Transfers the risk of non-payment to HSBC
- Limits trade finance liabilities
Other benefits
- No delay between the time the DC issuing bank agrees to pay and the time payment is made
- Peace of mind that payment is final, even if HSBC has problems collecting the export proceeds
- Improves cash flow
- Removes contingent liabilities from your balance sheet
- Improves the financing capacity of your business
