DBS Purchase Invoice Financing

Purchase Invoice Financing

Free up your working capital from your payables and advance your business today.

Purchase Invoice Financing

Free up your working capital from your payables and advance your business today.

At a Glance

Bridge your business ambitions with smart cashflow management when you tap on DBS’s trade financing solutions.

With Purchase Invoice Financing (PIF), DBS can support your local and overseas procurement of goods and/or services for your business by paying for your supplier invoices first. This helps to free up cashflow for your other business requirements.

Apply via DBS IDEAL

*You must have a DBS IDEAL Login and access to submit trade transactions

Features & Benefits
More freedom

More freedom

Finance up to 100% of your supplier invoice value. This will be on an advance payment or post-shipment basis for open account trade*.

Personalised for you

Personalised for you

Our facility will be structured around your trade cycle to meet your business needs.

Save time with DBS IDEAL

Save time with DBS IDEAL

Apply for financing easily via DBS IDEAL and enjoy our suite of online services with real-time transaction updates.

More positive relationships

More positive relationships

Build stronger rapport with your suppliers with prompt payment and open doors to more deal opportunities.

*Open account trade refers to trade transactions between a seller and a buyer that are not supported by any banking or documentary trade instrument issued on behalf of the buyer or seller.

How it Works

DBS pays your suppliers directly, and you are only required to pay the financing amount plus interest back to the bank at a later date.

Fees

Please refer to the Trade Pricing Guide.

How to Apply

Submit your loan application along with a copy of your supplier invoices and supporting trade documents through one of the following channels:

A credit facility with DBS will be required for Purchase Invoice Financing. Please get in touch with us to assist you with the setup.

FAQ
Can I apply for Purchase Invoice Financing if I do not have a credit facility with DBS?

A credit facility with DBS will be required. Please get in touch with us to assist you with the setup.
How do I check the status of financing?

You can check your payment status through DBS IDEAL or contact us. You will receive a reminder from IDEAL upon maturity.
Can I ask for an extension on the due date?

This is subject to approval. The loan period must not exceed the maximum period granted in the letter of offer.
Can I repay the loan before the due date?

Yes, however, you will be subject to a fee. Please get in touch with us to find out more. 
What will be the foreign exchange rates used for the settlement?

We will use our prevailing foreign exchange rates for the settlement of your Trade Financing. For amounts less than S$200,000 or the equivalent on the due date, please refer to Rates Online for our prevailing rates. If you have an FX contract, please inform us latest by 2pm on the due date. Should you require an FX contract, you may book via FX Online.
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