Letter of Credit Advising | Advised Letter of Credit | DBS SME Banking India

Letter of Credit Advising

Verify the authenticity of your Letter of Credit

Verify the authenticity of your Letter of Credit

At a Glance

Enjoy greater security and convenience with our Letter of Credit (LC) Advising.

We authenticate your inbound LC and assure that it comes from a genuine source

We will notify you upon its arrival. You can choose to safeguard your document with us. Or collect it from our convenient trade counters and branches

Features & Benefits

We have over 5,000 correspondent relationships and authentication arrangements worldwide

There will be no need to spend time collecting it. Simply sign up to enjoy the service

We will call or fax you when we receive the new LC. Users of our online platform DBS IDEAL will also have access to a copy of the LC

Fees

How to Apply

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

Schedule a callback via this online form.

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

FAQs

	How do I know that DBS has received the Letter of Credit?
	We will notify you via phone when we receive a new Letter of Credit. IDEAL users will be notified by email.

	Where do I collect my Letter of Credit?
	You can choose to receive your original Letter of Credit at your office through courier, or collect it from our conveniently located Branches. Our trade operations officer will contact you to arrange delivery at your preferred collection point.

	Will the Letter of Credit be authenticated by DBS?
	Yes, we’ll authenticate all Letter of Credit received by SWIFT.

	Can you authenticate the Letter of Credit if it’s received in hardcopy?
	Yes, we will verify the issuing bank’s signature on the hardcopy Letter of Credit and advise you when it’s been authenticated.

	How do I make amendments to the Letter of Credit?
	If you need to make changes to your Letter of Credit, please contact your buyer directly. They will then ask the issuing bank to make the changes. Upon receipt of the amendments, we’ll contact you via email.