HSBC launches first ‘fast-track’ digital trade finance demand guarantee

HSBC has launched a pioneering new ‘fast-track’ digital trade finance demand guarantee to help customers trade internationally in a more seamless, secure and efficient way.

The solution allows customers to issue digitally processed guarantees that can be issued to a beneficiary in real time, reducing issuance times from a typical 3-4 days down to potentially minutes, marking a significant milestone for the banking industry.

All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.