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Export Services
HSBC can provide you with advice on any aspect of your export document preparation. We can also provide working capital finance to help you source your raw materials.
Inward Documentary Credits
Advising of Documentary Credits USD50 or equivalent
Confirmation of Documentary Credit 0.4% per quarter
Extension / Increase same as above
Transfer of Documentary Credit 0.5%
Payment / Negotiation 0.3%, min USD 50
Deferred Payment 0.25% per month
Assignment commission USD100
Outward bills for collection 0.25% min USD50
Guarantees
Bid Bond, 0.3%, min EGP60 per quarter
Performance / Advance payment guarantees
0.6%, min EGP100 per quarter
Advising of another Bank's guarantee USD100 or equivalent
Amendment EGP50
Commercial Papers (P/N, B/E, etc.)
Collection 0.2% LCY, 0.3% FCY (min EGP30 for each item (P/N, B/E, etc.)
Protesto Fees EGP 50 per item
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Write to
Manal M. Ghaly
Assistant General Manager (Trade & Supply Chain)
HSBC Bank Egypt
Tel: +202 2529 8666
Fax: +202 2529 8080
E-Mail: manalghaly@hsbc.com
Medhat F. Nicola
Manager Trade & Supply Chain
HSBC Bank Egypt
Tel: +202 2529 8630
Fax: +202 2529 8080
E-Mail: medhatnicola@hsbc.com
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