Import Services

Open Account Payables Financing

Improve your cash flow on open account terms

Secure financing from DBS for your account payables and improve your cash flow. This short-term trade financing solution is based on supporting shipping documents such as invoices and transport documents.

 

Why choose DBS Open Account Payables Financing?

  • Grow your business with the Best Trade Finance Bank in Singapore, as named by Alpha Southeast Asia and The Asia Banker in 2012. We also received this accolade from Global Finance in 2012, for the 8th consecutive year
  • Save time by applying for financing and monitoring payments through IDEAL™, our online banking platform
  • IDEAL™ has an automatic reminder feature that keeps you informed of your settlement due date

FAQs

How do I complete the application form?

Please call our DBS BusinessCare at 2290 8068 for help on completing the application form.

How do I access the financing rate?

Yes, you must obtain a credit facility with DBS. Please call us at 2290 8068 should you require assistance.

How do I access the financing rate?

Please call us at 2290 8068. We’ll arrange for a relationship manager to assess your needs and provide you with a quotation.

How long does it take to process the financing?

If we receive the application by 6pm, we can process them on the same day. If we receive the documents after 6pm, we will process them within the next working day.

How do I check the status of financing?

You may check your payment status through IDEALTM. Alternatively, you may call our DBS BusinessCare at 2290 8068 to check the status of your financing. You will receive a reminder from IDEALTM upon maturity.

Awards

Awards we have won recently
Best Trade Finance Bank in Singapore

Best Trade Finance Bank in Singapore

2012
Best Trade Finance Bank in Singapore

Best Trade Finance Bank in Singapore

2012
Best Trade Finance Bank in Singapore

Best Trade Finance Bank in Singapore

2013
View All

 

How do I apply?

Simply submit your application form and Trade documents to any of our Trade collection branches / Enterprise Banking Centres. Alternatively, you can apply via IDEALTM.

Get in Touch

DBS BusinessCare: 2290 8068

Get in Touch

DBS BusinessCare: 2290 8068