At a glance

At DBS, we co-create digital solutions with you to take the friction out of managing your cross-border trade and supply chain.

We do this by leveraging a number of our award-winning digital solutions, including DBS IDEAL RAPID which integrates digital banking and data services into your business platforms via APIs, and through our strategic partnerships with trade financing, eCommerce and procurement platforms providing blockchain-based ecosystems solutions.

All of our core digital trade solutions are fully integrated and interoperable with our award-winning online banking platform – DBS IDEAL.

DBS IDEAL RAPID

DBS IDEAL RAPID is a digital solution that leverages DBS’ application programming interface capabilities. RAPID facilitates business transactions within your ecosystem by integrating real-time processing of trade transactions and information enquiries into your business workflows

Types of Trade APIs

With the world’s largest corporate API catalogue of over 200 highly modular APIs we can mix and match multiple APIs to give you a competitive edge across the customer trade journeys in your industry. Some examples include:

Purchase invoice financing
Sales invoice financing
Direct export collection
Import letter of collection
Import bills under letter of credit
Import bill collection
Banker’s guarantee
Supplier payment services
Distributor finance

Strategic Partnerships

We also use our platform agnostic APIs to power strategic partnerships with key trade platforms and industry-wide ecosystems, to dematerialise trade processes, drive sustainability and open new trade horizons for our clients.

Contour

DBS has partnered with R3’s Corda blockchain trade-finance network Contour to digitalise end to end global trade processes such as the creation, exchange, approval and issuance of letter of credit. The solution helps our clients to:

shorten settlement times and increase accuracy
reduce complexity and paperwork
resolve discrepancies in real-time
track transaction statuses with a full digital audit on-demand

	Digital Trade Platforms (DTP)
	DBS is working with a number of DTPs to provide e-Application, e-Advising and e-Presentation services across a wide range of trade solutions such as Banker’s Guarantee, LC issuance, LC advising and Export Document presentment. Some of the DTPs we are currently working with, include: ELCY essDOCS Bolero

	SWIFT Trade for Corporates
	DBS is SWIFT Trade for Corporates ready, providing full MT798 multibank trade services to corporates to streamline their trade flows and messaging. Key products supported include import and export letters of credit, guarantees and standby letters of credit.

For further information on how our strategic partnerships are shaping the future of trade and supply chain finance across multiple industries, please refer to some recent press coverage.

Case Studies

Our client casebook features several recent trade digitalisation programmes undertaken with our valued customers and explains how our distinctive digital capabilities have transformed their businesses.

Learn how our clients have opted for API and blockchain solutions as the most effective way to digitalise their operations and drive sustainability. See how using our digital solutions leads to: