Take delivery of your cargo quickly to avoid costly demurrage charges
Facilitate your incoming shipments quickly and easily. Our Shipping Guarantee/Air Waybill Endorsement is a letter of indemnity from DBS that enables the release of your cargo without the need to present the original Bill of Lading/Air Waybills. If your cargo arrives in China before the shipping documents, we help you take delivery quickly so you avoid incurring heavy demurrage (withholding of cargo at port) charges.
Why choose DBS Shipping Guarantee/Air Waybill Endorsement?
USD 40 or equivalent
Shipping Guarantee not returned within 60 days
0.125% per month; min one month and USD 40 or equivalent
You do not need a credit facility if you apply for a Shipping Guarantee/Air Waybill Endorsement under a Letter of Credit. However, if you apply under our Inward Bill Collection (DA/DP), we’ll utilise your existing credit limit with us. Please call us at 4008208988 for more information.
We can process your Shipping Guarantee/Air Waybill Endorsement in just half an hour if we receive the application before 3pm. If we receive the documents after 3pm, we will process them within the next working day.
Once you’ve paid the documents, you will need to submit the original bills of lading or air waybills to the shipping company in order to redeem your Shipping Guarantee/Air WayBill Endorsement.
Please return the original Shipping Guarantee/Air Waybill Endorsement to DBS for cancellation.
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