HSBC launches HSBC Tradecash, a digital trade finance solution to help businesses unlock working capital
Subject to eligibility criteria, HSBC TradeCash lets customers receive funds within minutes1 once all required information has been submitted via HSBCnet and then approved.
With no trade documentation needed, businesses can access working capital sooner than a buyer’s standard payment cycle of often 30 days or more, helping to bridge cash-flow gaps, ease liquidity pressure, reduce administrative effort, and support growth.
Vivek Ramachandran, Global Head of Trade at HSBC, said: “HSBC TradeCash is designed to help customers unlock cash tied up in receivables, with a digital journey that helps reduce administrative burden. By providing fast access to funding, we’re helping businesses spend less time on paperwork and more time fulfilling orders, investing and expanding.
“Against a backdrop of heightened volatility, longer payment cycles and rising input costs, access to working capital has become a strategic necessity for businesses looking to protect liquidity and sustain growth.”
Working capital requirements are deepening amid cumulative global shocks and recent world events, leading to a shift in capital allocation priorities among many global businesses. A recent HSBC survey2 of 3,000 business leaders and investors found that 88% globally and 91% in Singapore, have recalibrated their capital allocation approach in response to increased volatility. In addition, 89% globally and 86% in Singapore are actively increasing capital deployment in high-growth markets.
The ongoing geopolitical disruption and tariffs are also increasing the cost of goods and contributing to shipping delays, further intensifying the need for accessible, efficient working capital solutions.
Runa Baksi, Head of Southeast Asia for Global Trade Solutions at HSBC, said: “As a regional trade hub supporting more than 4,000 regional headquarters, we are excited to be rolling out HSBC TradeCash, and execute our first live transaction globally, in Singapore.
“Many suppliers find that longer payment cycles can tie up cash and put added pressure on day-to-day liquidity, which may hinder business growth. Just like how we are enabling businesses to access finance and pay their suppliers faster through our innovative TradePay solution, HSBC TradeCash will provide sellers a simpler, digital route to financing — helping customers to unlock their working capital and save time on manual effort so they can focus on growing their businesses.”
HSBC was recognised as the top provider of trade finance globally and the top trade bank in Singapore in the 2026 Euromoney Trade Finance Survey.
1The bank will process a customer’s loan application once all required information is received. Processing times may vary depending on a customer’s application circumstances.
2The independently commissioned survey was conducted in mid-March 2026, ahead of the annual HSBC Global Investment Summit. The full report is available here: HSBC: New Networks of Capital - The World Rewired
Media enquiries:
Clarabelle Tan | clarabelle.h.y.tan@hsbc.com.sg | +65 94513329
Andrew Low | andrew.low@hsbc.com.sg | +65 96583441
Note to editors
For more information on TradeCash, visit: https://www.business.hsbc.com/en-gb/products/tradecash
The Hongkong and Shanghai Banking Corporation Limited
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,306bn at 31 March 2026, HSBC is one of the world’s largest banking and financial services organisations. In May 2016, HSBC subsidiarised its retail banking and wealth management business in Singapore and transferred the business into HSBC Bank (Singapore) Limited.