Sales/ Purchase Invoice Financing

1. The goods are shipped to the customer or buyer.
2. The seller requests for invoice financing from DBS.
3. DBS disburses funds to the seller.
4. The customer or buyer pays the seller directly.
5. The seller is required to pay the financing amount plus interest back to the bank by the due date.

1. The goods are shipped to the customer or buyer.
2. The buyer requests for invoice financing from DBS.
3. DBS pays the supplier or seller directly.
4. The customer or buyer is required to pay the financing amount plus interest back to the bank by the due date.

This feature is currently available on the desktop version of DBS IDEAL. You need to use a desktop or laptop device for this.

Go to the main menu and select Trade Finance.

Go to the menu at the top and select Apply for trade financing.

Select the financing type based on the 3 questions:

• Are you importing or exporting goods/services?
• Have the goods been shipped/services been rendered?
• What type of financing do you require?

Upload the Summary Listing Invoice (SLI) data file* or enter financing details,
such as the finance amount, finance period, and financing start date.
*The Summary Listing Invoice (SLI) requires an additional subscription. Contact your RM for more information.

Select the account to be debited upon loan maturity.

Select Disbursement method and indicate disbursement instructions.
Upload supporting documents, if required.

Enter Contact person information. We will use the details provided to
contact this person for any clarification regarding this application.

Enter a Customer referenceto track this transaction.
We will add one for you if the field is left blank.

Select Review to verify the application details,
then Submit the application for approval.

All designated approvers will need to review and
approve the request to complete this transaction.

Reminder: “To borrow or not to borrow? Borrow only if you can repay!”