Hang Seng SME Trade Finance

Business > Trade > Current Promotion Offer

Hang Seng has always been a reliable business partner to SMEs, providing assistance whenever needed to help you realising your creative ideas that create wealth.

Time is of the essence for SMEs, and successful trade transactions rely on the ability to seize every growth opportunity. As your business partner, we pledge to provide simple and time efficient trade finance services to aid you in anyway we can, keeping you always ahead of the other competitors in the market.

	Flexible trade facility package⁽¹⁾including Import Documentary Credit (DC) Issuance, Import Loans, Invoice Financing, Export Bills under DC Negotiation, Purchase of Collection Bills and Packing Loans
	Facility limit of up to HKD2,000,000*⁽¹⁾
	48-hour swift approval⁽²⁾
	No collateral and financial reports required
	Interest rate as low as P⁽³⁾ + 2% p.a.

	Professional trade consultancy services – including full range of export and import services
	Advice-at-Once service⁽⁴⁾ – instant e-Mail DC and advice
	16 Trade Documents Collection Points – offer "same-day processing" pledge⁽⁵⁾
	"MainlanDirect" Trade Services – export documents⁽⁵⁾ prepared in the Mainland can be submitted to designated branches of Hang Seng Bank (China) Limited
	DocTrack Service – online status check for documents delivered to overseas banks
	Free trade seminars – keep you abreast of updated market information

*In case the approved trade facility limit exceeds HKD1,000,000, the amount in excess will only be applicable to the finance of export bills drawn under documentary credits.

Terms and Conditions:
(1)	Hang Seng Bank Limited (“the Bank”) reserves the right of final trade facility approval.
(2)	The Bank will assess the application within 2 working days upon receipt of all required documents. The trade facility amount, interest rate and other terms and conditions are subject to the terms and conditions as set out in the relevant trade facility documents to be signed by the customer. The annual fee of the SME Trade Finance is equivalent to 1% of the approved trade facility or HKD5,000, whichever is higher. An additional commitment fee of HKD2,000 will be charged if customer fails to meet the annual committed bills turnover (i.e. 2 times of the approved trade facility).
(3)	P refers to the Hong Kong Dollar Prime Lending rate as quoted by the Bank from time to time. The interest rate will be subject to fluctuation. Please click here for the current P.
(4)	If customer agrees to keep the original export DCs in the Bank’s custody, customer will be eligible to enjoy the Advice-at-Once service free of charge. Customer will receive import and export SWIFT DCs and amendments, as well as other import and export advices, to its designated e-mail address(es) after signing and returning the application form of Advice-at-Once service to the Bank.
(5)	Trade Documents received on or before 4:00 pm on weekdays (excluding public holiday), i.e. Monday to Friday, will be processed on the same day. Same day processing pledge also applies to export documents (excluding export bills which require substitution of documents at Hong Kong Trade Services processing centre under back-to-back DCs or transferred DCs) submitted under MainlanDirect Trade Services.
(6)	For details of application for Hang Seng Commercial Cards and the related Cash Dollars reward, please visit hangseng.com/commercial_card.
(7)	Preferential premium/ bonus interest rate is subject to amount of the relevant transaction and is offered at the Bank’s discretion. For details of preferential premium / bonus interest rate, please call our 24-hour Business Partner Direct at 2198 8000.
•	The Bank reserves the right to change this offer and the related terms and conditions from time to time without prior notice. In case of disputes, the decision of the Bank shall be final.
•	If there is any discrepancy between the English and Chinese versions of the terms and conditions, the English version shall prevail.