Collect your payments easily and efficiently
Facilitate the flow of payment with our Outward Bill Collection. DBS acts as a professional agent to collect payments from the buyer on your behalf. Your transport documents are only released to the buyer once we’ve received either payment or an accepted Bill Of Exchange promising payment at a later date.
Documents against Acceptance (DA)
With DA, once the buyer has accepted the bills of exchange/draft, he has promised to pay at a later date. Your export documents will be released to him by his bank.
Documents against Payment (DP)
With DP, once the buyer has paid, his bank will release your export documents to him.
Why choose DBS Outward Bill Collection (DA/DP)?
Documentary or clean draft collection: 0.125%, min USD 25 or equivalent
Please call us at 4008208988 for help in completing the application form.
If we receive the documents by 3pm we can process them on the same day. If we receive the documents after 3pm, we will process them within one working day.
You can track the status of your documents through DHL, however you can also monitor payments through IDEAL™.
No, you do not need a credit facility to apply for this service.
Awards we have won recently
Best Structured Trade Finance Solution, China
China Domestic Trade Finance Bank of the Year
Best Bank for Trade Finance
How do I apply?
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