Please take a moment to read through the Terms and Conditions and download the form at the bottom of the page.
In consideration of you granting to us the financing requested for, we hereby agree to all terms and conditions stipulated below as well as the terms and conditions set out in your general banking terms and conditions as well as any letter of offer or any facility letter from you to us.
Irrespective of the type of financing provided or to be provided to us and without prejudice to the provisions set out below, we warrant and/or agree that:
We agree to fully indemnify DBS Bank Ltd and its overseas branches and subsidiaries and other banks under DBS Group Holdings Ltd (collectively hereinafter referred to as “DBS”) and/or its agents on demand against all actions or claims commenced against, demands, costs, payments, expenses, liabilities, losses, disbursements, payments of whatsoever nature now or hereafter incurred or to be incurred by DBS or by any agent, correspondent, officer or employee of or for whom DBS may be answerable for anything done or omitted to be done in connection with or arising out of the performance of terms and conditions contained in this Application.
In the event that you provide us with Pre-Shipment Finance,
The Contracts (Rights of Third Parties) Act 2001 does not apply to confer any rights on any party who is not a party to this Application.
This Agreement is governed by Singapore law and parties agree to the non-exclusive jurisdiction of Singapore Courts.
By ticking on this box and by printing and submitting to you the application for Export Pre-shipment and Open Account Post-Shipment Financing which follows, we have read, understood and acknowledged the Terms and Conditions for Export Pre-shipment and Open Account Post-Shipment Financing Application and fully authorize the Bank to proceed with the provision of the service. We also understand and agree that the Bank may modify the Terms and Conditions for the Application for Export Pre-Shipment and Open Account Post-Shipment Financing without prior notice to us at any time.