outward bill

Export Bills Under Collection (DA/DP)

Collect your payments efficiently

Export Bills Under Collection (DA/DP)

Collect your payments efficiently

At a Glance
Facilitate the flow of payment and documents with our Export Bills Under Collection. We can help you in the following ways:
task

Documents against Acceptance (DA)

We will send your export documents to the buyers's bank. Once the buyer has accepted the bills of exchange/drafts and promised to pay on a later date, buyer’s bank will release the documents. We will credit the money to your account when the buyer (buyer’s bank) remits the payment to us

documents

Documents against Payment (DP)

We will send your export documents to the buyer’s bank. Once the buyer has paid, buyer’s bank will release the documents.  We’ll credit the money to your account when buyer’s bank remits the payment to us

money

Improve your cash flow

Shorten your cash collection cycle by using financing options offered by DBS

Features & Benefits
collection

Convenient collection

Submit and collect your documents at DBS Branches island-wide

real

Real-time notification

Subscribe to DBS IDEAL to be informed of status

service

Facility-free service

Apply for Export Bills Under Collection without the need for a credit facility

How it Works

outward bill collection infogprahics

Fees

Refer to our pricing guide

How to Apply

Simply visit us at any of our Branches and our Relationship Manager will be glad to assist you.

Contact Us

Schedule a callback via this online form.

Alternatively, you can reach us at 1800 103 6500 / 1800 419 9500

Email: businesscarein@dbs.com

FAQs
How long do you take to process the documents?

If we receive the documents by 1.30 pm on a working day, we can process them on the same day. If we receive the documents after 1.30 pm, we will process them within the next working day.

How do I check the status of my documents?

You can track the status of your documents through DHL, however you can also monitor payments through IDEAL™.

Do I need credit facility to apply for this service?

No, you do not need a credit facility to apply for this service.