HSBC Malta Commercial Banking has launched Instant@dvice, an online trade and receivables finance service that streamlines and enhances import and export procedures at no extra cost.
Instant@dvice keeps exporters and importers up-to-date with the status of trade transactions via e-mail, particularly well suited for trade customers who travel frequently.
“This is another ‘First in Malta’ product offered by HSBC Malta, which offers numerous benefits for traders, including seamless tracking of trade documents with the Document Tracker service,” explained HSBC Malta head of commercial banking Michel Cordina.
Instant@dvice allows the client’s office to forward non-negotiable copies of export documentary credits (DCs) to its respective buyers, freight forwarders, insurance providers and other trade partners for their reference or action.
Copies of import DCs may also be sent via e-mail immediately upon issuance by HSBC.