Export Letters of Credit

If you export goods, you can trade securely in the knowledge that you will receive payment - as long as you present documentation that satisfies the pre-agreed conditions.

At a glance

  • Payment risk is transferred from your buyer to a bank

  • Control over the payment process

  • Know exactly when you will be paid for your exported goods

  • Payment terms known in advance of shipment (including times scales and despatch dates)

Speak to a trade expert

Call us on

0800 783 1300

Textphone: 0345 712 5563

Lines are open from 9am to 5pm Monday to Friday, excluding public holidays

Existing customers

Key benefits

Minimise your export payment risks

Manage your cash flow by using the credit to raise finance

How an Export Letter of Credit works

It's a commitment given by the buyer's bank to you, that they will make payment when you present a pre-agreed, specified set of documents to a nominated bank in the UK.

You can remove the risk of non-payment by the buyer's bank and associated country risks, by asking HSBC to add our confirmation to the document.

Funds can generally be advanced against compliant documents; or if documents are discrepant, after acceptance from the buyer’s bank has been received.

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Speak to a trade expert

Call us on

0800 783 1300

Textphone: 0345 712 5563

Lines are open from 9am to 5pm Monday to Friday, excluding public holidays

Existing customers

Help and support

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