Industry News Brought to You by Institute of Commercial Payments: News - Industry

HSBC Launches TradePay to Streamline Import Duty Payments for U.S. Businesses

Friday, May 23, 2025   (0 Comments)
Posted by: Sierra Lindemann
HSBC has introduced TradePay for Import Duties, a financing tool that allows U.S. businesses to pay import taxes directly through HSBC while preserving working capital. The solution offers flexible credit terms and ACH payment options, improving cash flow visibility and reducing settlement times for importers.

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