HSBC introduces free EDCA for exporters
By Our Banking Bureau | 02 Jul 2002
Mumbai: The Hong Kong and Shanghai Banking Corporation Ltd (HSBC) has introduced an electronic documentary credit advising (EDCA) system for exporters in India free of charge.
EDCA is a quick and easy way for exporters to receive copies of export documentary credits in their favour, direct to their office by e-mail or fax, say HSBC officials.