SOLUTIONS FOR IMPORTERS


HK PINOY is a Hong Kong Financial Technology Services company legally named “HK PINOY Global Limited”, working under the commercial name “SIROCCO”.

SIROCCO is a non-banking financial group working as a Payment Service Provider that provides fast low-cost trading operations and better rate Forex Exchange services through the use of IVYPAY IT platform and a wide network of correspondent partners.
 
 
 
 
 
 
 
 

THE CHALLENGE


Today, importers have difficulty acquiring foreign currency for the purpose of trading globally due to peculiarities of local economies.

Currency exchange at the local bank is problematic due to very limited supply, substantial documentation requirements, and wait times up to 2 months.

Currency exchange on a black market is too expensive due to high fees and bad exchange rates; and it is not safe.

This is why Sirocco has developed a new platform that allows users in different countries to have access to financial services and make multi-currency transactions in an economical and convenient way.


WE HAVE SOLUTIONS!

BEST OFFER ON THE MARKET


Sirocco’s innovative business model provides Importers with competitive exchange rates based on European Central Bank and charges minimal transaction fees.

An unlimited number of Importer’s Suppliers from different markets (Europe, Asia, North America) can be connected to the Sirocco service; therefore, our solution is used as a settlement hub for Importers, which allows consolidating the payment management function and reducing transaction costs and settlement time.

Sirocco also provides an opportunity for Importers and their Suppliers to open an IBAN account with our European partner.
For Importers and Suppliers who have IBAN accounts with our partner, all transactions are almost immediate.

When using the national currency of the Supplier’s country as settlement currency within Sirocco platform, the payment time is reduced from days to hours.


 
 
 
 
 
 
 
 
 

HOW TO BECOME OUR CLIENT

To become SIROCCO client, Importers must complete the following procedures

1
Meet with our Country Manager to discuss details of contract
2
Complete Legal Requirements
3
Open European IBAN account for Importer and\or Supplier (optional)
4
Sign Foreign Exchange Master Agreement for Supplier or Importer

REQUIRED DOCUMENTATION


For Importers / Exporters:

Know Your Customer (KYC) form - Money laundering & terrorism financing prevention

Compliance form - The anti-money laundering and counter-terrorist financing

Foreign exchange master agreement signing

Non-disclosure agreement

Negotiation of basic terms and conditions


READY TO GET STARTED?

To setup a meeting, please use form below to get in touch with our manager in your country.