Hong Kong Export Credit Insurance Corp

  A statutory body established in 1966, the Hong Kong Export Credit Insurance Corporation aims at encouraging and supporting export trade by providing Hong Kong exporters with insurance protection against pre- and post-shipment non-payment risks arising from commercial and political events. The ECIC is required to operate in accordance with the requirements laid down in the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Its contingent liability under contracts of insurance is guaranteed by the Government of the Hong Kong Special Administrative Region, with the statutory maximum liability currently standing at $55 billion.   The ECIC provides a wide range of insurance facilities to Hong Kong exporters of goods and services who trade with overseas buyers and clients on credit terms, usually for credit periods of up to 180 days. Its services cover not only exports and re-exports from Hong Kong, but also offshore shipments transported directly from suppliers to buyers without passing through Hong Kong. The maximum indemnity provided is 90% of the credit limit. 

Export Credit Insurance

The HKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Through the provision of export credit insurance services, the HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner. The HKSAR Government provides a guarantee of $55 billion for the HKECIC’s contingent liability. 

Hong Kong Export Credit Insurance Corporation 

Protection against Pre-shipment and Post-shipment Risks Policyholder who wants to seek protection for pre-shipment risks needs to take out an insurance policy that provides pre-shipment cover. The policy must be in place before the sales contract to be insured is confirmedPolicyholder needs to insure both pre- and post-shipment risks of the buyer at the same timePolicyholder who trades with buyer on Letter of credit or advance payment needs to insure pre-shipment risks onlyPolicyholder must export the goods within a period of six months from the date of insurable contract 

Protection against Pre-shipment and Post-shipment Risks

Besides insurance cover on the export of goods, the ECIC also have tailor-made insurance policies for Hong Kong service sectors to cater for their unique requirements. These policies protect exporters against non-payment risks when they render services to overseas clients on credit terms.	Freight forwarding services policy.	Hotel services policy.	Testing and inspection services policy.	Construction professional services policy.	Travel agent services policy.	Aircraft services policy.	Advertising services policy.	Specific management services policy.

Cover on Export of Service

Comprehensive Cover Policy The Comprehensive Cover Policy (CCP) is a Policy designed for Hong Kong exporters and manufacturers. The Policy provides cover not only for all your export business on credit terms with goods shipped from Hong Kong, but also those transported directly from suppliers'' countries to their destination without passing through Hong Kong. ECIC provides cover for such transactions under the Comprehensive Cover Policy (CCP) as long as you are the principal in the contract of sale. All protection commences from the date of shipment.  

 Comprehensive Cover Policy

To assist Hong Kong exporters in managing credit risks for their overseas businesses, the ECIC is now providing online free quotation for exporters to enjoy free credit checks on buyers on its one-stop online platform EC-link. For more details, please visit EC-link at www.ec-link.com.hk.


Online Free Quotation on EC-link

One premium, 120-day protection A simple online insurance to protect you against non-payment risks. Applicable to Hong Kong exporters with annual sales turnover of less than HK$30 million. Scope of Cover Cover buyers / clients on major overseas countries / markets Credit Limit Credit limit application per buyer / client up to HK$0.8 million Cover contract of sale with payment terms up to OA 90 days 120-day non-cancellable credit limit Policy Fee, Premium Rates and Indemnity Ratio No policy fee Fixed premium rate Indemnity ratio at 90% 

Online Micro-Business Policy

Applicable to Hong Kong exporters with an annual sales turnover of less than HK$50 million Scope of Cover: Cover buyers / clients on overseas countries / markets Credit Limit: limit application per buyer / client up to HK$5 million Provide a fast-track approval process for credit limit application of HK$1 million or below Policy Fee, Premium Rates and Indemnity Ratio: No policy fee Premium rates are determined by the country / market group and payment terms Flexible indemnity ratio (60%, 70%, 80% or 90%) 

Small Business Policy

    For all events of loss, the maximum indemnity provided is 90% of the credit limit.    The ECIC provides buyer credit checking and assessment. The credit information is regularly updated to monitor the risks.    With a worldwide network of lawyers and debt collectors available to call on, the ECIC is in a strong position to assist policyholders in solving payment problems and to advise them on practical actions for preventing or minimizing losses.    Insurance policies issued by the ECIC are accepted by the banking community as useful collateral for discounting export bills. The protection accorded to a policyholder may be extended to the policyholder bank by a letter of authority, which enables claims to be paid directly to the bank and can be instrumental in helping policyholders obtain banking facilities.

Major Benefit

EC-link (www.ec-link.com.hk) is ECIC&rsquo;s one-stop online platform and facilitates the creation of electronic documents and the exchange of information with its customers. Through EC-link, exporters can submit online policy applications at anytime and anywhere. Policyholders can use this online platform to manage their policies, such as submitting credit limit applications, managing buyer portfolio, submission of shipment declarations and application of extension of due date and change of payment terms. Statistical reports are also available for further advanced analysis of business performance.


EC-link

Wool & Woollens Export Promotion Council

Export Promotion council from India

Parcel Pro (H.K.) Limited

With Parcel Pro, you get extensive luxury goods industry expertise, world-class shipping and proven risk mitigation - right at your fingertips. Our tools and processes are designed to protect against loss and theft, while providing jewelers peace of mind. We offer insured shipping solutions, which protect your shipments up to US$200,000 (or local currency equivalent) to and from select countries. Insurance coverage is provided under a policy issued by an authorized insurance company to Parcel Pro, Inc. Terms, restrictions and conditions apply.  

Parcel Pro Insured Shipping

  The Hong Kong Export Credit Insurance Corporation (ECIC) offers each Hong Kong exporter three free credit assessments and buyers’ consulting services. ECIC has a professional, analytical and responsible team that offers exporters industrial evaluation on their businesses, thus giving them peace of mind. Follow a simple procedure by providing the buyer’s name and address to enjoy the service. Offers each Hong Kong exporter three free credit assessments and buyers’ consulting services.Has a professional team that offers exporters industrial evaluation on their businesses.

Free Credit Assessment and Consultation Service

V-Trust Inspection Service Co., Ltd

 	 V-Trust conducts shipment inspections in different stages of production to ensure the product quality meet your requirement. 	 These services including Pre-Shipment Inspection (PSI), During Production Inspection (DPI), In-Line Inspection (ILI), etc.  

Shipment Inspection

Worldwide Shipping * Insured shipping services to more than 130 countries and major cities * Multiple service levels and carriers Pre-approved Insurance Coverage * Pre-approved insurance coverage up to USD $200,000 Best Practices * Risk mitigation best practices * Proactive package tracking identifies potential delays Ease and Convenience * Flexible collection time at multiple locations * Responsive customer support * Streamlined claims process 

Parcel Pro Select

V-Trust provides different kinds of shipment inspection services to meet your needs in quality control.

The During Production Inspection (DPI) is performed when at least 10% of an order has been completed. It can uncover problems during actual production and ensure that contractual obligations are being met. It also helps you determine whether the production process is on schedule.

The Pre-shipment Inspection (PSI) is carried out when production is 100% finished and at least 80% of the products are packed. Samples are selected for checking at random according to AQL sampling standards and procedures, to ensure that finished goods conform to your specifications.

During Container Loading Supervision (CLS), V-Trust&rsquo;s inspector monitors the loading process, verifying product quantity, container condition and ensuring the proper handling of your cargo. Quality spot-checks are performed before loading to ensure your order meets your standards. 	 Different kinds of shipment inspection services are available. 	 Reliable and professional.  

Pre-shipment Inspection

Guangzhou Weinspection Co., Ltd

 	 Pre-Shipment Inspection 	 During Production inspection Container Loading Supervision Factory Audit, Laboratory testing  

Inspection

Biggest Product Inspection Company in Asia Using Full-Time Inspectors Only Dealing with defective products from Asian suppliers can be frustrating, especially when managing a broad supply chain, launching new products, or working with new suppliers. At V-Trust, we understand the challenges that buyers face when sourcing from Asia, and we're excited to introduce our Pre-Shipment Inspection service to assist you in ensuring the quality of your sourced products. During Pre-Shipment Inspection our engineers evaluate an extensive range of critical aspects of your products, including quantity, appearance, performance, safety, workmanship, assembly, materials, size, and more. With over 2,500 specialized checklists tailored to your unique products and requirements, we deliver precision and reliability. Here are the benefits of conducting the Pre-Shipment Inspection: Ensure that products meet the required technical specifications.Detect defects and non-compliance issues before goods leave your factory.Verify the correct printing and placement of logos, packaging, and markings.Expedite decision-making with timely evaluation results.Monitor and enhance the quality of your products over time. Why V-Trust ✔Full-Time Inspectors Only:We do not hire part-time QC staff or outsource to other firms. This approach serves as a key anti-bribery measure and ensures the highest level of reliability in our inspection reports. ✔Diverse Product Range:Our team covers a wide range of product categories, including electronics, electrical products, lighting, building materials, furniture, home décor, kitchenware, textiles, apparel, and industrial goods. ✔2,500+ Checklists:We offer comprehensive checklists for various product lines, drawing on our extensive QC experience. ✔Online Booking:Easily book services through our advanced online system, and access inspection results and supply chain statistics via the QC dashboard. ✔Quick and Efficient Service:Receive same-day quotations, with reports available 6 to 24 hours after inspection. We also offer free laboratory testing and regulatory consultations. About V-Trust V-Trust is the largest product inspection company in Asia, employing only full-time inspectors. With over 600 staff across 10 Asian countries, we conduct more than 110,000 inspections and audits annually, serving over 13,000 buyers worldwide. We are experts in the quality control industry, offering a wide range of cost-effective services, including product inspections, factory audits, laboratory testing, and product certification. V-Trust operates in China and key export markets such as India, Vietnam, Malaysia, Thailand, Bangladesh, Pakistan, Cambodia, Indonesia, and Myanmar. For more information, please contact us: Website: www.v-trust.com 

Pre-Shipment Inspection | Quality Control Services, Final Random Inspection Company in China

Managing defective shipments from Asian suppliers can be challenging, especially when dealing with complex supply chains or new partnerships. At V-Trust, we help buyers check the quality of finished products with our Pre-Shipment Inspection (PSI) service, ensuring your products meet quality and compliance standards. What Is Pre-Shipment Inspection? PSI, or Final Random Inspection, confirms your shipment’s quality before it leaves the factory. Conducted when production is complete and at least 80% of goods are packed, it follows the ANSI/ASQ Z1.4-2008 (AQL) standard, ensuring reliable results. Benefits of Conducting Pre-Shipment Inspection: Prevent Defective Shipments: Identify issues before shipment.Ensure Compliance: Verify specifications, logos, and packaging.Fast Reporting: Make quick, informed decisions.Improve Quality: Monitor and enhance standards over time.V-Trust engineers evaluate quantity, appearance, safety, performance, materials, workmanship, packaging, and more, using 2,500 specialized checklists tailored to each product’s features and your specific requirements. V-Trust’s PSI service gives you peace of mind, helping you maintain quality control and focus on growing your business.  Why V-Trust ✔Full-Time Inspectors Only:We do not hire part-time QC staff or outsource to other firms. This approach serves as a key anti-bribery measure and ensures the highest level of reliability in our inspection reports. ✔Diverse Product Range:Our team covers a wide range of product categories, including electronics, electrical products, lighting, building materials, furniture, home décor, kitchenware, textiles, apparel, and industrial goods. ✔2,500+ Checklists:We offer comprehensive checklists for various product lines, drawing on our extensive QC experience. ✔Online Booking:Easily book services through our advanced online system, and access inspection results and supply chain statistics via the QC dashboard. ✔Quick and Efficient Service:Receive same-day quotations, with reports available 6 to 24 hours after inspection. We also offer free laboratory testing and regulatory consultations. About V-Trust V-Trust is the largest product inspection company in Asia, employing only full-time inspectors. With over 600 staff across 10 Asian countries, we conduct more than 110,000 inspections and audits annually, serving over 13,000 buyers worldwide. We are experts in the quality control industry, offering a wide range of cost-effective services, including product inspections, factory audits, laboratory testing, and product certification. V-Trust operates in China and key export markets such as India, Vietnam, Malaysia, Thailand, Bangladesh, Pakistan, Cambodia, Indonesia, and Myanmar. For more information, please contact us: Website: www.v-trust.com 

Pre-Shipment Inspection | Third Party Inspection Company, QC Services, Quality Control Inspection in China

Sourcing products from Asia can come with quality challenges. At V-Trust, we help buyers ensure their products meet quality and compliance standards through our Pre-Shipment Inspection (PSI) service. Our inspections take place at the factory, when production is complete, and at least 80% of the goods are packed. Using the ANSI/ASQ Z1.4-2008 (AQL) standard, we select random samples to provide accurate assessments. With over 2,500 specialized checklists tailored to your products, V-Trust engineers inspect key factors like workmanship, safety, performance, and specific features. We are dedicated to maintaining the highest standards for your goods. Our Pre-Shipment Inspection Service Covers: Product Specifications: Checking quantity, size, weight, and assortment for accuracy.Quality and Appearance: Inspecting materials, workmanship, and branding, including colors and logos.Functionality and Performance: Testing performance, assembly, and accessories to meet operational requirements.Packaging and Shipping: Verifying packing, carton condition, shipping marks, and barcodes for shipment readiness.Storage and Handling: Assessing warehouse conditions to ensure proper storage before shipment.We can arrange inspections quickly, even on tight schedules. Within 24 hours of the inspection, you’ll receive a detailed report with photos and videos, allowing you to make fast, confident decisions.    Why V-Trust ✔Full-Time Inspectors Only:We do not hire part-time QC staff or outsource to other firms. This approach serves as a key anti-bribery measure and ensures the highest level of reliability in our inspection reports. ✔Diverse Product Range:Our team covers a wide range of product categories, including electronics, electrical products, lighting, building materials, furniture, home décor, kitchenware, textiles, apparel, and industrial goods. ✔2,500+ Checklists:We offer comprehensive checklists for various product lines, drawing on our extensive QC experience. ✔Online Booking:Easily book services through our advanced online system, and access inspection results and supply chain statistics via the QC dashboard. ✔Quick and Efficient Service:Receive same-day quotations, with reports available 6 to 24 hours after inspection. We also offer free laboratory testing and regulatory consultations. About V-Trust V-Trust is the largest product inspection company in Asia, employing only full-time inspectors. With over 600 staff across 10 Asian countries, we conduct more than 110,000 inspections and audits annually, serving over 13,000 buyers worldwide. We are experts in the quality control industry, offering a wide range of cost-effective services, including product inspections, factory audits, laboratory testing, and product certification. V-Trust operates in China and key export markets such as India, Vietnam, Malaysia, Thailand, Bangladesh, Pakistan, Cambodia, Indonesia, and Myanmar. For more information, please contact us: Website: www.v-trust.com 

Product Inspection | Pre-Shipment Inspection, QC Service, Quality Check of Products in China

XINGHAI CARGO & TRADING (HK) LIMITED

Empowering small and medium-sized enterprises to achieve seamless integration of customs, tax, and foreign exchange services, ensuring full compliance with legal and regulatory requirements. Tailored services: Export tax rebates, foreign exchange receipts and payments, customs compliance, and registration and tax filing for Hong Kong and overseas companies. 

Foreign Trade Tax and Customs Services

風險保障：
   最高賠償率為百分之九十。  信貸管理：
   信保跼提供買傢信用調查及評估，並定期更新買傢資料，追蹤風險變化。  應收帳管理：
   信保跼與世界各地眾多律師及債務催收公司經常保持緊密聯繫，在解決付款睏難方面經驗豐富，可以協助保戶解決買傢拖欠款項的問題，並建議適當的措施以防止及減輕損失。  促進貿易融資：
   信保跼的保單普遍獲銀行接納為有效的出口票據貼現觝押品。保戶祇需透過授權書將保單的賠償權益轉予銀行，令銀行取得保單的保障，便有助取得出口融資。  

多重利益

信保跼除承保出口貨物外，亦為香港服務業度身訂造保單，以配合個別服務行業的需要。這些保單保障出口商以放帳形式提供出口服務予海外客戶而未能收回款項的風險。有關服務包括：
   貨運服務保單。   酒店服務保單。   測試及檢定服務保單。   建築及專業服務保單。   旅行社服務保單。   飛機服務保單。   廣告服務保單。   特定管理服務保單。  

承保服務出口

   為協助香港出口商管理對外貿易的信用風險，信保跼正透過一站式網上平檯「信保易」提供免費網上報價服務，保戶可藉此享用免費買傢信用調查。  

My Sourcing