Trade Finance

DBS IDEAL™ offers you the following electronic Trade Finance services:

  • Submit Letters of Credit (LCs) & Bank Guarantees (BGs) applications
  • Reproduce commonly used LC & BG application text from models and previous transactions
  • Amend LCs / BGs
  • Submit trust receipt applications & settlement instructions for LC documents & collections
  • Submit shipping / airway guarantee applications for cargo clearance
  • View arrival of import documents & discrepancy notices online
  • View export LCs online
  • Enquire online for details of your trade and BG transactions
  • Receive standard reports to help track your transactions