Supplier Payment Service (USD & CNY) | HBK Global Trading
Simple & Secure Payments to Your International Suppliers
HBK Global Trading offers a specialized Supplier Payment Service designed to simplify international transactions for Philippine importers, particularly those sourcing from China. By using this service, businesses can avoid the high fees and slow processing times typically associated with traditional local banks.
Available Payment Channels
HBK facilitates two primary dedicated payment methods to meet different supplier needs:
USD Payments: A straightforward solution for paying suppliers who invoice in US Dollars via secure wire transfers directly to their account.
CNY/RMB Payments:This allows you to pay Chinese manufacturers in their local currency, which is often preferred and can sometimes lead to better product pricing.
A Simple 3-Step Process
The service operates through a streamlined three-step workflow:
Submit Your Request: Provide HBK with your supplier's invoice and payment details.
Make a Local Payment: Settle the equivalent amount locally in Philippine Pesos (PHP).
HBK Handles the Rest:HBK executes the international transfer and provides a confirmation once the payment is sent to your supplier, often confirming transactions within 24 hours.
Key Benefits
Cost Savings:Benefit from more competitive exchange rates compared to most local banks.
Increased Speed:Faster than typical international wire transfers, ensuring suppliers are paid promptly.
Built-in Trust: Reliable and on-time payments help strengthen your business relationships with international suppliers.
Reduced Complexity: HBK manages the technicalities of cross-border currency transactions, allowing you to focus on your core business operations.
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