HSBC Hosts Trade Academy in Hong Kong

HSBC is hosting interactive, classroom-style training programmes in Hong Kong to equip business owners with the necessary skills and knowledge to capitalise on trade opportunities in 2009. Through a series of monthly trade workshops, participants will learn about the processes associated with doing business internationally, as well receiving clarification on the requirements and paperwork needed to successfully trade regionally and other global markets.

Christine Wang, Head of Client Management, HSBC Trade and Supply Chain, in Hong Kong said, “HSBC’s Trade Academy demonstrates our commitment to helping our clients’ businesses grow. With our global reach and local expertise, we are well placed to help exporters and importers reduce their risks when engaging in cross border trade. In the current environment, our customers are increasingly looking overseas for new opportunities and are asking for help with their business decisions. As the leading trade finance bank in Hong Kong, we are committed to helping businesses understand the current environment and learn how to grow their business while protecting their company.”

HSBC’s Trade Academy consists of regular half-day training programmes held at HSBC premises. Each seminar is designed to provide comprehensive, information and updates on trade finance and trade-related topics. Scheduled seminar sessions in 2009 include:

• Module 1: Introduction to trade, trade products.
• Module 2: Import facilities and products, i.e. documentary collection, OA.
• Module 3: Import facilities and products, i.e. documentary credit, insurance.
• Module 4: DC transfer, common inco terms.
• Module 5: Export/Import facilities and products, i.e. documentary collection, OA.
• Module 6: Export Facilities and Products, i.e. documentary credit.

HSBC’s Trade Academy is also being run on mainland China, Malaysia and Thailand.

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