Supply Chain Finance is suitable for corporates with multiple suppliers. By inviting suppliers to join the service, buyers can upload invoices from different suppliers through the HSCF online platform which is linked to Hang Seng HSBCnet. Suppliers can then request to receive prior payment while buyers can pay by original due date.
Corporate (Buyer): Easier invoice payment via online platform by keeping on track the invoice progress. After uploading the confirmed invoices, prior settlement will be made to ensure timely shipment and stable stock levels.
Supplier: By requesting prior payment, suppliers can receive the invoice amount from Hang Seng as fast as on the same day to shorten the payment period and enhance cash flow.
You can easily manage the necessary documents for trading purposes through Hang Seng HSBnet and its mobile app. The platform helps to reduce the processing time and streamline procedures while users can check application and transaction status any time!
- Apply for Bank Guarantee
- Apply for Import DC/Amendment
- Instantly view and track trade transaction status
- Free notification of Import DC/Amendment, including e-advice for payment and collection etc.
e-Trade Connect and Contour are innovative digitalised blockchain-based trade finance platforms. Hang Seng, as one of the participating banks of the two platforms, supports corporates to facilitate trade finance activities with digitalisation and automation as long as the corporate and its suppliers are participants of the designated platforms. As customers can conduct point to point blockchain-based trade transactions for GBA trade activities, trade efficiency will be enhanced with reduced risk.
find out more in our website or contact Relationship Managers