Manage

Open Account

You need strategies and solutions to help you navigate an uncharted environment. We can help.

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.

Facilitate early payment to your suppliers

Free up working capital and lower operational costs

Optimise working capital, reduce costs and gain better visibility and control over receivables

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 Solutions

Export documentary collections

Protect your bottom line by retaining control of goods until payment is received or promised without a formal documentary credit (letter of credit).

Open account export

Facilitate early payment to your suppliers once goods have shipped, with no need to purchase receivables.

Receivables finance

Turn receivables into cash faster. If qualified, you may be able to access up to 90% of invoice values immediately upon issuance.

Supply chain solutions

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

Head back to Working Capital page