COE Bidding User Guide for Corporate Internet Banking

The Intranet COE Open Bidding System allows motor traders to submit bids by batches. They are also allowed to perform single, multiple or batch revision during the bidding period determined by Land Transport Authority (LTA).

After you have created your COE bid files using the DBS Open Bidding Editor, you can now submit your COE bid files to LTA via DBS COE Bidding System in Corporate Internet Banking.

Bid Submission

1. Logon to DBS Corporate homepage at: https://corporate-internet-banking.dbs.com
2. Enter User ID.
3. Enter PIN.
4. Under COE OPEN BIDDING, click 'To Bid'.
5. Select the DBS account in which the COE bid deposit and administration fees will be deducted. (Kindly ensure that there are sufficient funds in the account to prevent any unsuccessful attempt of the submission of a bid file.)
6. Click 'Browse' to search for the Open COE File to be uploaded from your local hard-disk in your PC. The valid file to upload is the file with the *.bid extension and NOT the file with the *.$$$ extension - The files are saved in C:\DBSBIDFILES directory by default unless you change it.
7. Click 'Submit' to continue or 'Cancel' to terminate job and return to main page.
8. If you select "Submit" in Step 7, a confirmation page will be displayed. Click 'Cancel' if you do not wish to continue or click 'OK' if you wish to proceed with the bid submission.
9. An acknowledgement page with the bid details will be displayed to inform that your bid submission has been completed. You can print the details displayed on the screen for reference by selecting the "printer" icon found at the top right hand corner of the screen.
10. For each submission and revision performed, a unique confidential Acknowledgement Code will be assigned to you. You will need this acknowledgement code if you intend to revise your bid via the ATM or LTA website at www.onemotoring.com.

Bid Enquiry and Revision (Single/Multiple/Batch Revision)

1. To view the current status of the bids, click on 'Bid Enquiry & Revision' option on the main page.
2. Click on any of the following hyperlinks - 'Trans Reference', 'Description' or 'Data/Time' to view the details of the bid file.
3. Two options available for selection under bid revision include "Revise All Bids" (Batch Revision) and "Revise Single/Multiple Bids". Please note that Batch Revision is allowed only if all bids in a batch are of the same category AND all bids in the batch are outbidded AND/OR accepted.
4. To perform a Batch Revision, select "Revise All Bids" option and click on "Revise Now" to proceed.
5. Enter the amount that you wish to revise for the batch on the "Revise Amt ($)" field.
6. Select the account from which funds will be debited for the revision and click 'Submit'.
7. After the 'submit' function has been executed in Step 6, a confirmation page will be displayed. Select 'Cancel' if you do not wish to confirm the changes made to the batch and the status of these bids will be maintained as that prior to the changes. Click 'OK' to confirm the changes made to the file.
8. An acknowledgement page with the bid details will be displayed to inform that your bid revision has been completed.
9. To perform a Revision on Single/Multiple bids, select "Revise Single/Multiple Bids" option and click on "Revise Now" to proceed.
10. Select the bids that you wish to revise by ticking on the box positioned next to the bid and enter the new bid price in the amount field available.
11. Repeat Steps 6 to 8 to proceed with the Single/Multiple Bid Revision.

Results Enquiry

1. The bidding results will be available for three calendar days after the exercise has closed at 4pm on the third day of the bidding period.
2. To view the bidding results, click on 'Results Enquiry' option.
3. You are able to download the bidding results onto Excel spreadsheet for future reference.

Current COE Information

1. Click 'Current COE Price' to view the lowest successful COE Open Bidding Price for all the vehicle categories.
2. Click 'Refresh' to see the latest information pertaining to the bid prices.

Bid Status

• Accepted: The submitted bid has been accepted by the system.
• Duplicate: The bid has been previously submitted and therefore it cannot be processed again.
• Outbidded: The bid amount that was submitted has fallen below the Current Information Price for the vehicle category.
• Rejected: The bid is rejected due to duplicate submission through the ATM, another bank or Land Transport Authority Bidding System, or a technical problem or data error has occurred.
• Unprocessed: The system is unable to accept the particular bid due to certain reasons, e.g. error in data fields.
• Unknown: The bid is lost in the delivery system or the job is temporarily suspended due to errors. You should check for the subsequent change in status to either "Rejected" or "Accepted".