Canada on the world stage
HSBC bank is going to enter the Canada market，the following value propositions is how HSBC utilize its strength and technology to capture Canadians.
They see themselves as a body that connects entrepreneurs around the globe to help their dreams and aspirations come true.The bank is not just seen a client as a provider of finance and credit.They did much more than that.HSBC has a strong base of international partners.
On the financial aspect,they get the benefits of trade finance, in which the bank provides funding early in the trade cycle so that new customers don’t have to be turned away.Also,the bank is financing up to 100 per cent of the goods so you can buy more rather than being restrained by the financial supply chain.
On the customer relationship perspective,great communication among customers by negotiating with the a cash-flow benefit, a balance-sheet benefit and a sales benefit.
There is also a online tool called HSBC net,which allows clients to view all their global HSBC accounts, wherever they may be located, through one view; to execute transactions; and to manage cash flow from anywhere they have access to the Internet. A real-time view of payments, receivables and account balances gives business decision-makers information that will help them to manage their working capital effectively.
Although there is a risk about the currency problem,HSBC knows how to deal with the exchange rate problems.They have lots of tools to reduce the risk of exchange rate fluctuation.They plan it out and have a strategy.
