DBS x SESAMi Group Partnership | DBS SME Banking

Accounts Receivable Financing

Gain quicker access to your working capital with DBS x SESAMi

Accounts Receivable Financing

Gain quicker access to your working capital with DBS x SESAMi

At a Glance

DBS has partnered SESAMi to allow suppliers to get paid based on 100% of invoice value. Utilising the Accounts Receivable Financing solution^*, monetise your receivables and maximise cashflow for your business.

^*The DBS x SESAMi solution is only applicable for existing SESAMi customers

Features & Benefits

Shorter turnaround time

Receive funds within one working day from your application approval

Early repayment

Receive financing of up to 100% of your invoice value in advance

Competitive all-in cost

No additional application, service or maintenance fees (Drawdown fee applies)

Minimal paperwork

No additional paperwork submission is required. Financing assessment is based on transaction data on SESAMi versus traditional financial data

Non-notified

No requirement to inform your buyer¹

How to Apply

Contact a SESAMi Group Specialist to sign up for the programme

DBS will review application and provide a quote

Accept Letter of Offer and open DBS account²

Select the e-invoices you wish to get paid on

Get paid up to full invoice value within 1 working day

Based on your updated payee account details, your buyer remits invoice payment directly to DBS

Promotion

Receive a $50 Takashimaya voucher upon account activation and another $50 Takashimaya voucher upon 1st Drawdown³.

¹DBS reserves the right to notify your buyer of the purchase of invoices in the event of default, subject to the terms and conditions of the Letter of Offer.

²DBS Relationship Managers will guide you to complete an account opening form and any relevant administration process. Upon completion of account set up process, please provide DBS with an email acknowledgement from your buyer to confirm they have updated their payee account details to your new DBS collections account.

All applications are subject to evaluation and discretion by DBS Bank Ltd. Terms and conditions apply.

³Promotion is limited to the first 20 customers from now until 31st December 2020 (or when fully redeemed)

Accounts Receivable Financing