Is your business ready to go global? Transitioning from domestic to international markets is a big step for many growing businesses. For companies looking to expand internationally, one of the key aspects for consideration is foreign exchange (FX). HSBC Smart FX is the new smart way to trade.
Going Global: Choose the right FX solutions
HSBC Smart FX for Businesses
HSBC Smart FX for Business is a simple, no-frills FX forward hedging line that is unsecured that allow quicker access to FX forward hedging to lock-in profit margins so you can take the complexity out of your day-to-day operations.
- Expedited application approval process
- Collateral-Free: No collateral, JSGD and/or CGT required
- Hedge up to 12 months’ tenure
- Available in 7 major currencies (USD, EUR, GBP, JPY, CNY, SGD and AUD)
- Applicant must be a company registered in Malaysia.
- Applicant company have been operating for at least 3 years.
- Applicant company must have a minimum latest annual turnover of not less than RM10million.
- Applicant company must have a net worth/net shareholders’ fund of RM500K or higher.
- Latest 3 years audited accounts & management accounts.
- Last 6 months’ Bank Statements.
- Debtors and creditors ageing lists.
- CCRIS Consent Letter.
Get in touch to learn more about our banking solutions and how we can help you drive your business forward.