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.

You will be notified once the payment is credited to your account. You can also monitor payments online through DBS IDEAL

Please refer to EBLC Explanatory Notes .

Letter of Credit Negotiation | LOC Discounting | DBS SME Banking

Convert receivables to cash immediately

Convert receivables to cash immediately

At a Glance

Improve cash flow with Letter of Credit Negotiation/Discounting by receiving immediate credit while you wait for payment from the issuing bank.

Features & Benefits

Our specialists check your export documents for you

Experienced and certified documentary specialists verify that your documents can be negotiated/dispatched promptly

Once the documents are in order, you can convert receivables into cash quickly and easily

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:

before 6pm (working day).
to any of our Trade Document Counters at Marina Bay Financial Centre and Jurong Gateway (Toh Guan).

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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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