odex

Partner: ODeX

Seamless and Secure Purchase Invoice Financing

Partner: ODeX

Seamless and Secure Purchase Invoice Financing

At a Glance

SMEs in the ocean shipping industry in India can now enjoy quick and seamless purchase invoice financing from DBS with a fully digitised documentation process on ODeX.

ODeX is an online document exchange and payments facilitation platform for the ocean shipping industry which includes stakeholders such as liners, port terminals, Container Freight Stations, freight forwarders, Customs Housing Agents, importers and exporters. Users of the ODeX platform can now make payments to their beneficiaries, such as ship liners and container freight stations, more easily with a partnership of ODeX and DBS Bank.

ODeX is suitable for freight forwarders and Customs Housing Agents that are:

  • looking to simplify and digitise operational workflows
  • looking to get timely financing to reduce delay and additional costs
     
Features & Benefits
Easy, unsecured credit

Easy, unsecured credit

With the ODeX Pay Later powered by DBS, obtain an unsecured credit line of up to INR 50 lakhs for transacting (invoices) on ODeX

Seamless and secured workflow

Seamless and secured workflow

An easy and secure digital loan application that is transparent and is paperless

More convenience

More convenience

Direct and seamless payments to ship liners with a single-click check out

Resources

Customer testimonial

"This is a unique way of introducing a product! Thank you for providing this new form of ID limit. Happy to join hands with DBS and look forward to more (innovation) in the future."

– Glottis