Europe’s ‘debt illusion’
Borrowing provides a short-term economic boost – but it must eventually be repaid
Manage
Open account
You need strategies and solutions to help you navigate an uncharted environment
Contact usTrade directly with organisations that have a good financial status and that also recognise your business’ good financial standing using HSBC’s open account solutions. 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 open account 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.
Supply chain solutions
Free up working capital and lower operational costs for you and your trading partners with a more efficient supply chain.
Firms around the world are navigating uncertainty with optimism
Watch Noel Quinn talk about some of the Navigator findings and how HSBC can help you unlock future opportunities for your business.
HSBC sets out net zero ambition
Find out how we plan to help build a thriving low-carbon economy.
Europe’s post-pandemic prospects
Lockdowns depressed demand, now the economy’s supply side is threatened
Sustainable Finance insights
Read the latest report on the recent developments in sustainable finance solutions, in the face of the COVID-19 pandemic.
Optimising working capital through treasury transformation
As featured in Treasury Today Magazine, January/February edition
