Services under Documentary Credit (DC)

Documentary Credit Advising You may receive fast and reliable advice from us by nominating DBS as DC advising bank. Benefits to You Enjoy efficient and reliable advising service from us due to our strong correspondent bank relationship. Same day services Documentary Credit Advising will be processed on the DC receiving date if received before 6:00 pm on a working day.

Documentary Credit Confirmation You may find DC Confirmation useful when you need extra assurance of the DC. We add our confirmation to the documentary credit so that you have our guarantee of payment. Benefits to You Enjoy better protection against payment and political risk. Request immediate finance from DBS, the Confirming bank, by presenting the documents to us.

Export DC Negotiation We may provide financing to you by negotiating the Export DC, so that you are able to get cash instantly. Benefits to You Enjoy better management of cash flow by obtaining cash immediately from us. Same day services Export DC bills will be negotiated on the application submission date if received before 6:00 pm on a working day.

Transferable Documentary Credit We may provide Transferable Documentary Credit issuance in order to facilitate your middle-man role. You may transfer part or all of the rights and obligations under the normal DC to the supplier. Benefits to You Do not require any facility in arranging the trade between your buyer and the ultimate supplier.

Packing Credit We offer Packing Credit (also known as Packing Loan) to you in order to finance the purchase of raw materials. Benefits to You Enjoy extra liquidity before receiving proceeds from your customer by using this pre-shipment financing service.

Non-DC Services

Outward Bills for Collection You may choose Collection Bill, such as Documents against Acceptance (D/A) and Documents against Payment (D/P) as an alternative to Documentary Credit. You may release the title documents upon your customer payment or acceptance of the bill, depends on D/A or D/P terms are chosen. You may facilitate the transaction with your customers by using Documentary Collection. Benefits to You Control the title of goods until payment or acceptance from your customer. Same day services Outward Bills for Collection will be processed on the application submission date if received before 6:00 pm on a working day.

Export Collection Bills Purchase We offer you financing by purchasing the export bills, such as Documents against Acceptance (D/A) and Documents against Payment (D/P). Benefits to You Enjoy better management of cash flow by obtaining cash advance from us. Same day services Export Collection Bills will be purchased on the application submission date if received before 6:00 pm on a working day.

Account Receivables Financing (ARF) We may provide financing to you based on your invoice and evidence of delivery of goods to your customer. Benefits to You Enjoy better management of cash flow by receiving of cash advance from us immediately.