A seller can choose from the following five basic trade payment methods in obtaining payments for goods shipped to a buyer. Each of these addresses specific risks for the buyer and seller.
- Cash In Advance
- Letter of Credit / Documentary Credit
- Draft for Collection / Documentary Collection
- Open Account
- Consignment
Trade Finance Products
DBS has packaged a wide range of trade finance products that will meet the domestic and international trading needs of our customers.
Financing the flows of goods and services has become a key component of maximising profit from trade. At DBS, we provide comprehensive trade services to major corporations, small & medium enterprises (SMEs) and leading financial institutions. Importers and exporters can leverage on our keen local market knowledge and strong Asian network.
Import Trade Offering
- Letter of Credit (LC) Issuance or SKBDN
- Import Bills Under LC
- Import Bills Under Collection / Non LC
- Shipping Guarantee / Airway Bill Endorsement
Export Trade Offering
- Export LC - Advising and Confirmation
- Export LC Negotiation / Discounting / Export Bill Under LC
- Export Bill Collection (DP / DA) / Export Bill Under Non LC
- EBLC (C) Facility (Credit Program)
- Basel II Checklist Loan Subordination
- Master Letter of Indemnity
- Role of Responsibilities
- EBLCC Program Check List
- Flowchart of EBLCC Facility
Export Trade Offering
- Bankers Guarantee
- Standby Letter of Credit
- Issuance of Bankers Guarantee / SBLC Under Counter Guarantee
Trade Financing
- Trust Receipts
- Pre-Export Financing
- Account Receivable Discounting
- Inventory Financing Under Collateral Management Arrangement
Please contact us for more information.