Convert receivables to cash immediately
Improve your cash flow with DBS Documentary Credit Negotiation/Discounting, which allows you immediate credit while you wait for payment from the issuing bank. Our experts check your export documents and if the documents are in order, you can convert receivables into cash quickly and easily.
Why choose DBS Documentary Credit Negotiation/Discounting?
No, however this service is subject to issuing bank limit availability.
Please call us at 2290 8068 and we’ll arrange for a relationship manager to assess your needs and provide you with a quotation.
You will be notified by fax once the payment is credited to your account, however you can also monitor payments through IDEAL™, our online banking platform.
Please call us at 2290 8068 for help.
If we receive the documents by 6pm on a working day, we can process them on the same day. If we receive the documents after 6pm, we will process them within the next working day. Processing time is subject to issuing bank limit availability.
How do I apply?
Simply submit your application form and export shipping documents at one of our Trade Collection Branches or Enterprise Banking Centres. Alternatively, you can apply via IDEAL™.
To borrow or not to borrow? Borrow only if you can repay!