Open account

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Trade directly with organisations that have a good financial status and that also recognise your business’ good financial standing using HSBC’s open account solutions.

You may even be able to take advantage of import and export finance without the need for an underlying documentary credit (letter of credit). If you’re selling on open account terms, our receivables finance products could deliver the financing, or collection services you need. Plus, our supply chain solutions are designed to help you optimise working capital, reduce costs and gain better visibility and control over receivables.

Our open account solutions

HSBC Global Wallet

HSBC Global Wallet offers a new, simpler, and quicker way to transact across borders. Through HSBCnet get instant online access to a range of key currencies from a single platform, helping businesses make and receive payments wherever they are based.

Supply chain solutions

Free up working capital and lower operational costs for you and your trading partners with a more efficient supply chain.

Eland Cables: flexible funding

Sustained international growth meant that Eland Cables needed a banking partner that they could work with in the long-term to provide support to match their business ambitions. HSBC’s global reach, trade expertise and their willingness to fully understand the business and its needs offered the relationship Eland Cables was looking for.

Inspired Pet Nutrition: global cash management

Year-on-year growth and securing Private Equity investment meant that Inspired Pet Nutrition was looking for a banking partner and cash management solution that could support its ambitious plans. HSBCnet provided the control and efficiency the business was looking for.

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