inward-bill-collection-dadp

Inward Bill Collection (DA/DP)

Facilitate trade activities with our documentary collection service

Inward Bill Collection (DA/DP)

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:
content

Documents against Acceptance (DA)

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

business

Documents against Payment (DP)

We release the import document to you upon your payment

Features & Benefits
delivery

Convenient collection

Submit and collect your documents easily at Trade Document Counters

users

Facility-free service

Apply for Inward Bill Collection without the need for a credit facility

business

Best service time

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

money

Free up cash flow

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.