With HSBC TradePay, eligible US clients can directly settle US import duty obligations through HSBC.
Import duties are paid at the point of clearing customs into the US. We disburse the funds on the client’s behalf with pre-agreed credit terms, either directly or through the client’s customs broker, as designated.
Businesses trading internationally can better manage costs with greater working capital visibility and control. Speak to your HSBC Relationship Manager to learn more.