Get Drawdown Notice

Filling out the Drawdown Notice is an essential step for users seeking to draw down an advance from HSBC Bank. This guide provides a clear, step-by-step process to complete the form online, ensuring all necessary information is accurately provided.

Follow the steps to complete the Drawdown Notice effectively.

1. Click ‘Get Form’ button to obtain the form and open it for editing.
2. In the date field, enter the current date. This establishes the official date of your request.
3. Under 'From' and 'To', specify your details and the bank's name, respectively.
4. In Section A, indicate the type of advance you are requesting by checking the appropriate box (short-term loan, import/local payment loan, or loans against export/invoice discounting).
5. Fill in the currency and amount of the requested advance in both numbers and words for clarity.
6. Enter the desired date of drawdown in the format dd/mm/yyyy.
7. Specify the term of the loan and indicate whether the repayment should follow a reset schedule (weekly or monthly). This includes agreeing to the terms specified by the bank.
8. Provide your account number at HSBC where the advance should be credited and specify the beneficiary details if applicable.
9. Complete Section A(2) if you are taking out a loan against export. Supply the documentary credit number and undertake to present the necessary documents.
10. Confirm that you agree to all conditions set out in the general facility letter and the trade financing general agreement by checking the appropriate confirmations in Section A(3).
11. If you are using the extension or pre-payment section, specify the loan account number and the principal amounts and complete as necessary.
12. Review all entries for accuracy before signing and dating the document. Ensure you or a designated representative signs the form and applies a stamp if required.
13. Once all sections are completed, save your changes, download, print, or share the Drawdown Notice as per your requirement.

Complete your Drawdown Notice online today for a smooth banking experience.