buyers credit

Buyers' Credit

Extend your payment cycle for imports

Buyers' Credit

Extend your payment cycle for imports

At a Glance
Extend your import repayment period and ensure your suppliers are paid on time with DBS Buyer’s Credit.

Personalised to you

Tailored import financing packages designed to suit your company financials and business activities

Rewarding

Payments to your suppliers in a wide range of foreign currencies, ensuring you pay on time.

Features & Benefits

Asian exposure

Leverage our Asian insights and connectivity as you grow your business domestically and overseas

Mitigate risk

Hedge your foreign exchange outflows and mitigate foreign exchange currency risk

Stay in the know

Learn immediately when your loan is disbursed with our DBS IDEAL service

Save money

Secure foreign currency funding for your imports at competitive rates

How Buyer’s Credit Works

DBS arranges a line of credit with overseas banks to help you import goods

The overseas bank pays us directly, and we then pay your supplier on the import due date

You then pay the overseas bank on the buyer's credit due date

We can arrange import bills up to USD 20 million, ensuring a one-year line of credit for raw materials and three years for capital expenditure goods

Fees

Refer to our pricing guide

How to Apply

Simply submit your request letter and transactional documents at any of our Branches. Alternatively, you can apply via IDEAL™.

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
Can Buyers Credit be availed if I do not have a credit facitility with DBS?

No, you must obtain a credit facility with DBS before availing Buyers Credit. Please visit us at any of our branches should you require a credit facility.

What documents do I need to submit?

You will need to provide us with a request letter and transactional documents.

How long will it take to process my application?

If we receive your application by 1.30 pm it will be processed the same day. Applications received after 1.30 pm will be processed the next working day.