HSBC has launched HSBC TradeCash in the United Arab Emirates, with the UAE becoming the first market in the region to offer the solution.
The product is a digital trade finance offering designed to support businesses in accessing working capital against sales invoices.
The UAE launch represents the first phase of a wider rollout plan, with additional markets in the Middle East, North Africa, and Türkiye (MENAT) expected to follow.
HSBC TradeCash allows eligible business customers to upload sales invoice data through HSBCnet and obtain financing against those invoices.
Once the required information is submitted and approved, funds can be made available within minutes, subject to eligibility criteria.
The solution does not require traditional trade documentation and is designed to provide businesses with access to working capital before invoice payment cycles are completed, which typically extend beyond 30 days.
Under the structure, the buyer settles the invoice at a later stage by making payment into the customer’s HSBC account in line with agreed terms.
Working capital and liquidity support
The product supports businesses in managing working capital requirements, reducing processing time for financing, and improving access to liquidity. It also aims to reduce administrative steps associated with traditional trade finance processes.
HSBC stated that the solution is designed to support companies that require quicker access to funds tied up in receivables, particularly in cases where extended payment cycles affect cash flow planning.
Deyana Cherneva Head of Global Trade Solutions MENAT HSBC Bank Middle East
“As a strategic gateway for trade and international commerce, the UAE is an ideal environment for a solution like TradeCash in the region. Ready access to working capital has become a necessity for business growth and liquidity, particularly with the backdrop of regional volatility. TradeCash puts growth at the center by unlocking cash tied up in receivables and providing a faster, fully digitized process to lift the burden of administration. As trade flows shift and supply chains are redrawn, timely access to working capital becomes a more pressing operational priority—precisely the gap TradeCash is built to address.”
A recent HSBC survey of around 300 UAE businesses and institutional investors indicated a shift toward regional trade routes alongside continued international activity.
The survey found that 95 percent of respondents expect international growth opportunities to remain available through supply chain adjustments, while 94 percent expect cross-border trade and investment to become more regionally oriented.
