HSBC launches online trade services

Small to medium companies can now open letters of credit and track trade transactions across the web.

Cherie Marriott

December 03, 2002

HSBC has become the latest bank to endorse the internet evolution by adding trade services to its four-month-old Business Internet Banking platform. After a trial involving 100 of its SME customers, the service was launched in Hong Kong this week, with other countries to follow, such as Singapore later this month.

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