Traditionally, businesses dependent on short-term financing for working capital have faced lengthy and document-heavy processes when applying for drawdowns. HSBC TradePay-i streamlines this by enabling users to upload a simple payment file, triggering direct supplier payments and significantly reducing administrative workload. The result: more time for businesses to focus on growth and strategic expansion.
Raja Amir Shah, CEO of HSBC Amanah, highlighted the growing importance of financial agility in an era marked by global trade volatility.
“With global tariff and trade uncertainty impacting costs and supply chain risks, businesses are actively pursuing agile financial capabilities to adapt. HSBC’s TradePay-i offers the liquidity necessary to overcome this challenge while optimising trade flows effectively,” he noted.
He added that the solution aligns with Malaysia’s increasing demand for ethical, transparent, and interest-free financing options, reflecting HSBC’s commitment to advancing Islamic finance within a supportive regulatory environment.
Shreyas Krishna, Head of Global Trade Solutions at HSBC Malaysia, emphasized the strategic advantages of the platform. “With digitisation reshaping the trade landscape, HSBC TradePay-i stands out as more than just a product, it’s a catalyst for growth, speed and strategic advantage,” he said.
“Businesses can harness TradePay-i to trade with agility, finance with certainty and scale with confidence, even in volatile conditions.”
Accessible through HSBCNet, HSBC’s digital platform for corporate clients, TradePay-i simplifies the financing process. By uploading a payment file, businesses can initiate drawdowns and ensure suppliers are paid directly, offering multiple advantages:
- More time for growth: The digital process eliminates financing paperwork, allowing businesses to focus on strategy and expansion.
- Stronger client relationships: Ensures seamless supplier payments, strengthening trade partnerships.
- Controlled financing costs: Enables just-in-time financing by funding only the required amount at payment time.
- Confident transactions: Secure payments are backed by HSBC’s global digital infrastructure, ensuring reliability.
Overall, HSBC TradePay-i demonstrates the bank’s advisory-led approach and dedication to delivering tangible benefits for clients, including improved working capital efficiency and enhanced trade outcomes.
