What is the service of Trade-Finance HK? Why should I use it?
TRADE FINANCE HK is servicing buyers that require a guarantee for conducting their sales transactions with foreign suppliers. TRADE FINANCE HK protects the buyer from not receiving the ordered goods, and at the same time the seller from not receiving the payment for his shipment. The advance payment for the order is requested upon the supplier’s or the suppliers’ bank demand for payment. If the order is received, the money is credited to the seller’s settlement account, and if it does not or does not correspond to the claimed amount or specifications, the money is returned to the buyer. All bank instruments include a protection clause that is keeping the issuer from damages and liabilities for issued instruments that are not honored by a pledge of the demanded amount before a claim has to be settled.