Facilitate your trade activities with our documentary collection service
Save time and take delivery of your goods quickly and efficiently with our Inward Bill Collection services. We act as your agent, handling the processing of documents and payments to your sellers on your behalf. This is a common payment mechanism for buyers that enables you to focus on building your business.
Documents against Acceptance (DA)
For DA, DBS releases the import documents to the buyer upon his acceptance of the bills of exchange/draft.
Documents against Payment (DP)
For DP, DBS releases the import documents to the buyer once he has paid.
How does Inward Bill Collection (DA/DP) work?
Why choose DBS Inward Bill Collection?
Import bill under collection
0.25% flat + cable with min of INR 2,000
Import bill - direct collection
0.125% flat + cable with min of INR 1,250
0.125% Flat + Cable with min of INR 1,250
Cable - payment/ retirement/ advise of acceptance/ refusal
No, you do not need a credit facility to utilise this product.
Our trade operations officer will inform you by phone or fax when your documents have arrived. However, if you are using IDEAL™, we will notify you through the system.
If we receive the documents by 6pm on a working day, we can process them on the same day. If we receive the documents after 6pm, we will process them within the next working day.
We will send you a payment instruction letter via courier. Simply select “accept” or “do not accept” in the letter and return it to our trade operations team by courier. Alternatively, you can provide payment instructions through IDEAL™.
Our trade operations officer will contact you to arrange delivery at your preferred collection point.
How do I apply?
Simply visit us at any of our Branches and our Relationship Manager will be glad to assist you.