Inward Bill Collection DA/DP - Import Services | DBS CN Corporate Banking

Inward Bill Collection (DA/DP)

Facilitate trade activities with our documentary collection service

Facilitate trade activities with our documentary collection service

At a Glance

Save time and collect your goods quickly with our Inward Bill Collection. We can help process these documents and payments on your behalf:

We release the import documents to you upon acceptance of the bills of exchange/drafts. You promise to pay the seller on a fixed date

We release the import document to you upon your payment

Features & Benefits

Submit and collect your documents easily at Trade Document Counters

Submit applications or provide settlement instructions via our online banking platform, DBS IDEAL

Submit forms before 3pm (on working days) to enjoy same-day process

Ask DBS to finance your purchase of goods to turn your business around faster

How it Works

Fees

Refer to Pricing Guide

FAQs

	Do I need a credit facility for this product?
	No, you do not need a credit facility.

	How do I know the documents have arrived?
	We will inform you when your documents arrive at DBS by phone, fax or email.

	How do I instruct DBS to accept or reject the document?
	We will send you a payment instruction letter by fax or email. Please fill the instruction and return it to DBS Operation Team by hand (or fax, if you have signed for fax indemnity) We also provide digital solution to allow you to submit the instruction through your ERP system. Please contact your Relationship Manager for more information

	Where do I collect the documents?
	We will contact you to arrange for your collection.

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