HSBC Launches App to Track Trade Transactions

HSBC (Hongkong and Shanghai Banking Corporationannounced the launch of a mobile app – Trade Transaction Tracker – to help customers track the status of their trade transactions on a real-time basis. This feature has been built into the existing HSBCnet mobile application and has been launched in selected countries in which HSBC operates, including India.

It will provide a global view of import and export documentary credit and collections transactions, across markets in one single app.
Important Takeaways from Above News-
  • HSBC Headquarters in London, United Kingdom.
  • HSBC was established in 1865 to finance trade between Europe and Asia.

Source- The Economic Times


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