TradeCollect is a dedicated US dollar export bill collection service from HSBC. It provides on-the-ground follow up for your export bills and superior bills status reporting ensuring that when you trade internationally, you collect your money faster than before. So you get better control of your corporate finances and the flexibility to explore more growth options.

How does it work?
When export documents are presented to your local HSBC branch, our dedicated TradeCollect services unit simultaneously collects all relevant details from the export bills schedule and report them to the relevant collecting branch in the buyer's country. These branches then follow up locally via telephone and telex on the status of your bills. Regular bills status updates are communicated back to your local HSBC branch to keep you informed about the status of your outstanding invoices.

Benefits
• Export bills are paid up to ten days faster, improving your cashflow and giving you greater control of your receivables.
• Improved bill status reporting for outstanding LC and collection bills.
• No additional charges

Where is it available?
TradeCollect is available for exporters to China and India, and is gradually being extended to cover other Group offices.

Our presence in China

How do I apply for the service?
TradeCollect is a complementary service. Export bills sent to the countries named above automatically come under the service. No additional applications need to be made.

What our customers say