Receive Immediate Cash with Letter of Credit Negotiation/Discounting
Fees
Please refer to the Trade Pricing Guide.
How to Apply
Get your documents processed on the same day. Simply submit your application form and documents:
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before 6pm (working day).
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to any of our Trade Document Counters at Marina Bay Financial Centre and Jurong Gateway (Toh Guan).
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. |
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