Export Services

Outward Bill Collection (DA/DP)

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.


How Does Outward Bill Collection (DA/DP) Work?


  1. The seller and buyer enter into a contract and agree that payment be made on the basis of a documentary collection
  2. The seller ships the goods and tenders the documents to DBS (Remitting bank) together with a corresponding collection order
  3. DBS sends the documents along with its collection instructions to the buyer’s bank (Collecting bank)
  4. The Collecting bank notifies the buyer of the arrival of documents for payment/acceptance
  5. The buyer pays the amount due or accepts the draft and in turn receives the documents
  6. The Collecting bank remits the amount to DBS
  7. DBS credits the amount to the seller’s account


Why choose DBS Outward Bill Collection (DA/DP)?

  • Grow your business with the Best Trade Finance Bank in Singapore, as named by Alpha Southeast Asia and The Asia Banker in 2012. We also received this accolade from Global Finance in 2012, for the 8th consecutive year
  • Access our Outward Bill Collection Services without the need for a credit facility
  • Convert assets to cash immediately, shorten your cash collection cycle and improve your cash flow by asking DBS to discount the accepted bills
  • Submit forms any time before 3pm for China to ensure your documents are processed on the same day



Documentary or clean draft collection: 0.125%, min USD 25 or equivalent


How do I complete the application form?

Please call us at 4008208988 for help in completing the application form.

How long do you take to process the documents?

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.

How do I check the status of my documents?

You can track the status of your documents through DHL, however you can also monitor payments through IDEAL™.

Do I need credit facility to apply for this service?

No, you do not need a credit facility to apply for this service.


How do I apply?

Simply call us at 400 820 8988 (or +86 400 820 8988 if you're overseas) or visit any of our Branches. You may also email us and our Relationship Manager will contact you as soon as possible.



The information provided in this website is for general information only and nothing contained in this website constitutes an invitation, offer or solicitation with respect to the entry into transactions mentioned in this website or subscription, purchase or sale of any products, services, securities or other financial instruments mentioned in this website or the taking of any position or the adoption of trading strategy in respect of any asset class (eg. currency, interest rate, commodity, equity etc). The information provided in this website is not provided with regard to the specific investment objectives, financial situation and the particular needs of any particular person who accesses this website.


The information provided on this website is subject to change without notice, its accuracy is not guaranteed, and it may be incomplete or condensed. Accordingly, no representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information in this website. We are not acting as your advisor or agent when providing the information in this website. The information in this website does not purport to identify the risks (direct or indirect) or other material considerations which may be associated with you entering into a particular transaction, subscribing for a particular service or purchasing or selling a particular security or financial instrument. Prior to entering into any proposed transaction or entering into any subscription, purchase or sale of any security or financial instrument, you should determine (after consultation with your own advisors if you deem fit), without reliance upon us or our affiliates, the economic risks and merits, as well as the legal, tax, accounting or other material characterisations and consequences of the transaction, subscription, purchase or sale, as the case may be, and that you are able to assume these risks.


We, and/or our affiliates, may hold, or trade, or act as market-maker, in any securities or other financial instruments mentioned in this website or related derivatives or may take positions or use trading strategies in respect of any asset class similar to or which differ from or be contrary to those mentioned in this website. We, and/or our affiliates conduct many businesses and activities that may relate to issuers of third party securities mentioned in this website and may provide broking, banking and other financial services to such issuers.


Anyone receiving or accessing this website must make their own assessment of the materials herein and conduct such investigations and seek such professional advice as they think fit for such purpose. The information provided on this site should not be regarded by recipients as a substitute for the exercise of their own judgment.


© DBS BANK LTD, 2013. All rights reserved. Any unauthorized use, duplication or disclosure is prohibited by law and will result in prosecution.

Best Structured Trade Finance Solution, China 2015

Best Structured Trade Finance Solution, China 2015

View All