SMEs can now enjoy seamless and secure trading and financing via Trusple with DBS Bank. Trusple is a service platform for international trade and related financial services powered by AntChain’s proprietary technology. Buyers and sellers can now trade their products along the Singapore-China corridor and access trade financing digitally in real-time.
Trusple is suitable for your business if you are an SME
that imports goods from China.
looking to get secure and quicker trade financing approvals.
You will need to have a DBS Corporate Bank Account and an import trade credit facility.
Start trading on Trusple if you meet the above requirements by following these 3 steps:
- Step 1: Register on Trusple and link your DBS Bank account.
- Step 2: Apply for Bank Payment Undertaking (BPU) Service and link it to your existing import trade credit facility. Note: A credit facility with DBS Bank is required before we can activate the BPU Service.
- Step 3: You may now draft Purchase Orders and establish smart contracts with your supplier(s).
Don't have an import trade credit facility with us?
Indicate your interest here
New to DBS?
Apply for a Corporate Account now
Resources: Trusple User Guide
Does my China seller need to be a DBS customer to use Trusple?
No. However, your seller needs to be a registered user on Trusple.
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