Take delivery of your cargo quickly to avoid costly demurrage charges
Facilitate release of your incoming shipments quickly and easily. Our Shipping Guarantee/Delivery Order is a letter of indemnity from DBS that enables the release of your cargo without the need to present the original Bill of Lading. If your cargo arrives in India before the shipping documents, we help you take delivery quickly so you avoid incurring heavy demurrage charges.
Why choose DBS Shipping Guarantee/Delivery Order?
You do not need a credit facility if you apply for a Shipping Guarantee under a Letter of Credit. However, if you apply under our Inward Bill Collection (DA/DP), we will utilise your existing credit limit with us. Please call us for more information.
We can process your Shipping Guarantee on the same day if we receive the application before 6pm on a working day.
Once you have paid for the documents, you need to submit the original bills of lading to the shipping company in order to redeem your Shipping Guarantee.
Please return the original Shipping Guarantee to DBS for cancellation.
Awards we have won recently
Best Structured Trade Finance Solution: Sterling & Wilson Co-Gen Solutions 2013
Best Trade Finance Bank – Treasury, Trade & Risk Management Awards 2013
Best Trade Finance Solution (Highly Commended) 2012
Best Trade Finance Solution 2013
Rising Star Transaction Bank 2013
How do I apply?
Simply visit us at any of our Branches and our Relationship Manager will be glad to assist you.