The changing landscape of trade finance
Digital platforms and technologies are transforming the global landscape of trade, creating an exciting new era of faster, simpler, more secure, data-led trade solutions.
At HSBC we are here to help you navigate this changing landscape with platforms that can securely leverage your data, drive smarter, more efficient trade and streamline your processes like never before.
Networked Trade Platform (NTP)
The NTP is a national trade information-ecosystem that digitally connects stakeholders along the supply chain. Trade-related data can be captured at source, and subsequently used by key stakeholders in the value chain to enable trade transactions.
CamelONE Trade Finance on NTP
CamelONE Trade Finance is a Value Added Services (VAS) on the NTP, and provides a single portal for businesses to access a wide range of solutions for your trade finance needs across multiple banks.
Using NTP’s secure repository, all trade-related documents and information is readily available to submit a trade finance application. By using standardized application forms, a user is also able to transact with multiple banks, in a consistent and secure manner.
Key Benefits
*as per current CamelONE Trade Finance pricing structure which is subject to change from time to time
Products available:
Export Letter of Credit Negotiation requests
(post submission of documents)
Standby Letters of Credit
Pre and Post Shipment Buyer and Seller Loans
Ready to transact on CamelONE Trade Finance?
Get started with the following steps:
01
Register on NTP¹
- Visit the NTP website: www.ntp.gov.sg
- Register using your CorpPass details.
02
Register on CamelONE¹
- Navigate to Data Tools & VAS on the NTP website.
- Create new company users and manage entitlements.
03
Contact your HSBC representative
- The HSBC Representative will guide you on the required process to set up a new trade facility, or use your existing facility with HSBC².
¹Refer to the respective NTP and CamelONE Trade Finance user guides for a detailed process
²Any trade finance offered by HSBC is subject to applicable terms and conditions. In particular, depending on your current documentation, you may be requested to enter into further documentation in order for us to avail you trade finance products via CamelONE Trade Finance
NTP and CamelONE Trade Finance are 3rd party platforms which are not offered by HSBC. Users should independently assess whether such 3rd party platforms are appropriate and suitable for their use. Agreement for use is entered directly between the user and 3rd party platform.