negotiation

Letter of Credit Negotiation / Discounting

Convert receivables to cash immediately

Letter of Credit Negotiation / Discounting

Convert receivables to cash immediately

    At a Glance

    Improve cash flow with Letter of Credit Negotiation/Discounting by receiving immediate credit while you wait for payment from the issuing bank.

    Features & Benefits

    Convenient

    Our specialists check your export documents for you

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    Thorough

    Experienced and certified documentary specialists verify that your documents can be negotiated/dispatched promptly

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    Simpler

    Once the documents are in order, you can convert receivables into cash quickly and easily

    How to Apply

    Get your documents processed on the same day. Simply submit your application form and documents before 00.30 pm (working day) to any of our Trade Document Counter

    FAQs
    Do I need a credit facility to apply?

    No. However, this service is subject to issuing bank and country limit availability.
    How do I access the discounting rate?

    Please contact us. We will arrange for a relationship manager to assess your needs and provide a quote.
    How do I check the status of my letter?

    You will be notified once the payment is credited to your account. You can also monitor payments online through DBS IDEAL
    How do I complete the application form?

    Please refer to EBLC Explanatory Notes.
    Get in Touch
    Contact DBS BusinessCare

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