Verify the authenticity of your Letter of Credit
Enjoy greater security and convenience with DBS Letter of Credit Advising. We authenticate your inbound Letter of Credit, providing you with assurances that it comes from a genuine source. We also offer greater convenience by notifying you upon its arrival. You can choose to safeguard your original Letter of Credit with DBS, or collect it from our conveniently located Branches.
Why choose DBS Letter of Credit Advising?
|Pre-advice||USD 15 or equivalent|
|Advising||USD 30 or equivalent|
|Amendment/cancellation||USD 20 or equivalent|
We will notify you by phone or fax when we receive the Letter of Credit.
You may collect it from one of our Branches. Our trade operations officer will contact you to arrange your preferred collection point or delivery through Express Mail Service delivery.
Yes, we will authenticate all Letter of Credit received by SWIFT.
Yes, we will verify the issuing bank's signature on the hardcopy Letter of Credit and advise you when it has been authenticated.
If you need to make changes to your Letter of Credit, please contact your buyer directly. They will then ask the issuing bank to make the changes. Upon receipt of the amendments, we will contact you via phone, fax or email.