
Terence Chiu, Head of Commercial Banking, Hong Kong, HSBC
Everyday banking
Streamline day-to-day finance with HSBC’s business integrated accounts, deposit and investment solutions, foreign exchange services, commercial cards and multichannel support.
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About Commercial Cards
Enjoy free access to over 70 Plaza Premium Lounges worldwide and other card privileges for making business travel more rewarding.
About Deposit and Investment
Maximise returns from surplus funds with time deposit accounts and capitalise on market opportunities by trading securities online.
About Foreign Exchange
Save time and money with HSBC’s foreign exchange services. Enjoy real-time foreign exchange rates via Business Internet Banking and HSBCnet.
About Ways to bank
Access HSBC’s expertise with our extensive suite of banking solutions including specialty banking centres, internet banking, phone and self-service banking.
Financing & credit cards
Maximise working capital and improve cash flows with a wide range of financing, import and export financing, and commercial card solutions.
About Commercial Cards
Enjoy free access to over 70 Plaza Premium Lounges worldwide and other card privileges for making business travel more rewarding.
About Commercial Lending
Improve cash flow, cover expenses and plan for business growth with HSBC’s flexible finance and borrowing options.
About Exports
Get faster access to payments and improve cash flows while also managing the risks associated with international trade more effectively.
About Imports
Get access to working capital and provide suppliers payment assurances to keep sales and supply chains moving smoothly.
About Receivables Finance
Trade on open account terms with confidence and turn receivables into cash faster by collecting a percentage of invoices upon issuance.
Payments
Make payments anywhere around the world quickly, easily and securely with HSBC’s international and domestic payment and commercial card solutions.
About Commercial Cards
Enjoy free access to over 70 Plaza Premium Lounges worldwide and other card privileges for making business travel more rewarding.
About Foreign Exchange
Minimise the risk of doing business internationally and get better rates online with HSBC’s wide range of foreign exchange services.
About International and Domestic Payments
Make payments at home and around the world with a range of convenient domestic, cross-border and Asia Pacific specific options.
About Payment Services
Simplify processes with HSBC’s range of convenient payment services to help streamline payments, reduce risk exposure and lower processing costs.
About Receivables Services
Accelerate funds availability and improve cash flows with multiple collection channels while consolidating information to simplify reconciliation and improve decision-making.
Protection & investment
Safeguard your business with HSBC’s insurance and investment solutions to minimise risk exposure and capture growth potential of liquidity.
About Business Insurance
Minimise your business’ financial exposure with comprehensive business insurance solutions – from protecting valuable business assets to complying with regulatory requirements.
About Employee Benefits & MPF
Meet the diverse protection and medical needs of your employees with our HSBC Life Benefits+ Medical and Benefits+ Life Insurance Plans designed for SMEs and corporates. What’s more, you can simplify retirement planning with our pensions services teams who will guide you through the process.
About Equity
Trade local securities and apply for Hong Kong IPO shares online to capitalize on market opportunities.
About Fixed Income
Earn regular interest income and preserve capital with Certificates of Deposit (CDs) and bonds available in a variety of currencies.
About FX
Earn a potential higher rate of return with our structured investment products, available in a variety of currencies with flexible tenors.
About Life Protection
Safeguard your business and your legacy with life protection insurances that can also be used as valuable employee benefits.
About Trade Related Insurance
Safeguard your supply and sales chain by minimising the risk of bad debt and loss of goods in transit.
About Unit Trusts
Invest in a mix of securities, bonds, currencies and commodities in markets around the world with Unit Trusts
Import & export
Leverage HSBC’s trade network and range of import and export solutions to do business around the world safely and securely.
About Exports
Get faster access to payments and improve cash flows while also managing the risks associated with international trade more effectively.
About Guarantee
Conduct business with confidence, even where you lack established relationships.
About Imports
Get access to working capital and provide suppliers payment assurances to keep sales and supply chains moving smoothly.
About Open Account
For buyers and suppliers trading on open account terms, HSBC offers a range of safe, secure import and export finance options.
About Receivables Finance
Trade on open account terms with confidence and turn receivables into cash faster by collecting a percentage of invoices upon issuance.
About Trade Related Insurance
Safeguard your supply and sales chain by minimising the risk of bad debt and loss of goods in transit.
Next Generation Trade
HSBC and HKTVmall announced a new partnership that utilizes commercial data to roll out a simpler and faster digital trade finance solution, supporting SMEs that look to thrive in the fast-growing e-Commerce market in Hong Kong.
Under the partnership arrangement, a new programme that makes it easier for merchants to get access to digital trade finance will be launched later this year. HKTVmall will provide merchant data including turnover and refund records of different types of goods for HSBC to analyse and forecast business performance during credit assessment and monitoring process.
HSBC and HKTVmall are participants of the Commercial Data Interchange (CDI) project, initiated by the Hong Kong Monetary Authority with a view to enabling more efficient financial intermediation and enhancing financial inclusion in Hong Kong. The partnership further underscores HSBC’s commitment to driving digital innovation. Both parties will also collaborate on unleashing the potential of big data analytics and API technology in enhancing customer experience.
A pilot scheme has already extended offers of digital trade finance solution based on merchant’s turnover data provided by HKTVmall. The pilot digital trade loan was provided to Cleanic Cleaning Equipment Ltd., a household cleaning equipment and tools company.
Terence Chiu, Head of Commercial Banking, Hong Kong, HSBC
This partnership promises to drive innovation in the way that big data can make customers’ lives easier and support digital transformation for Hong Kong’s business community.
It has indeed taken us one step further, showcasing how to turn actual e-Commerce operational data into a credit assessment and monitoring tool to make commercial financing smarter and more efficient.
Alice Wong, Group Chief Financial Officer, HKTV
Vainsun Ng, Director, Cleanic Cleaning Equipment Limited
Digitalisation and agility have become increasingly important to the success of our business. This innovative partnership has helped us reach out to more potential customers in the e-commerce space.
HSBC has joined forces with Cainiao Network, Alibaba Group’s smart logistics platform, to offer an innovative digital trade finance solution for online merchants. The new scheme will use real-time logistics information for credit assessment, making loans more accessible and matching the fast-changing needs of new economy enterprises. TMall global merchants are benefited from the integration of Supply Chain Finance and Receivables Finance.
Watch the video and see how Cainiao and Hong Kong merchant on TMall Global think about this innovative trade finance programme.
You can download the factsheet to know more about this trade finance solution.
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Reminder: "To borrow or not to borrow? Borrow only if you can repay!"
After language selection, press #, 4
Reminder: "To borrow or not to borrow? Borrow only if you can repay!"
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