Standard Chartered & Trusple – Standard Chartered HK

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Standard Chartered & Trusple : Hassle-free cross-border SME trade process

Standard Chartered & Trusple: Revolutionising cross-border SME trade

Now SMEs can trade even more efficiently and confidently. The Standard Chartered & Trusple partnership makes international transactions and trade financing seamless and transparent, across the entire supply chain, on a blockchain-powered platform.

Cross-border trade that’s transparent, trusted and seamless

Standard Chartered has partnered with Trusple to provide SMEs the ability to trade across multiple Asian markets with straight-through payment processing and contract financing.
Digitalising business for buyers and sellers

Trusple simplifies cross-border business. With an intuitive interface, transactions are simple, secure and transparent via the platform.

A smarter way to transact

Track each stage of every transaction that you enter into, so you can go direct to suppliers with confidence – even if it’s your first trade transaction.

Finance trade, the digital way

By creating a ‘chain credit’, the transactional data insights help provide timely credit information on the sellers and allows for competitively priced financing.

Faster trade processing

By automating processes and seamlessly connecting to Standard Chartered’s Straight2Bank digital banking platform, trades are faster and more efficient.

First to complete a live transaction in HK

Standard Chartered has proven just how readily the Trusple platform supports your trading needs, by being the first bank to complete a pilot trade.

ELIGIBILITY

Companies registered in Hong Kong
Minimum 3 years of business operations
Companies commit to have an operating account in our bank with at least 50% of the facility limit amount of business inflow every calendar quarter

DOCUMENTS REQUIRED

The Company

1. Copy of “Certificate of Incorporation”

2. Copy of “Business Registration Certificate”

3. Copy of particulars of Sole Proprietorship (Form 1A)

4. Copy of particulars of Partnership (Form 1C)

5. Copies of particulars of Directorship and Company Secretary (Form D1/D2)

6. Copy of “Memorandum & Articles of Association”

7. Latest 6 months bank statement

8. Latest 1 year financial statements (if applicable)

9. Company logo printing documents (if applicable)

10. Intermediary Platform Agreement
The Guarantors
1. Copy of HKID Card / Passport

Standard Chartered Bank (Hong Kong) Limited (the “Bank”) reserves the right to determine the facility amount, interest rate, handling fee rebate or any other offer in respect of the facility applied, or to decline client’s application in its entirety without giving any reason for doing so. If an application for Loan is declined, no contractual relationship arises between the Bank and the client in respect of any product or service requested in the application.
The applicable interest rate and acceptance of a facility application is entirely at the discretion of the Bank and is to be considered on a case-by-case basis in accordance with the client’s credit records and all other relevant factors.
The Bank reserves the right to change or terminate and amend any of the terms and conditions of the facility at any time. In case of disputes in the connection with the facility and any of the special offers set out in this document, the Bank’s decision shall be final and binding.
For general terms & conditions for particular products of Business Working Capital, please refer to respective Terms and Conditions, Application forms and other documents at sc.com/hk or contact our branch staff.
Should there be any inconsistency or conflict between the English and the Chinese versions, the English version shall prevail.

Standard Chartered & Trusple : Hassle-free cross-border SME trade process

Standard Chartered & Trusple: Revolutionising cross-border SME trade

Cross-border trade that’s transparent, trusted and seamless

Digitalising business for buyers and sellers

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