export pre shipment financing

Export Pre-shipment Financing

Improve your working capital with pre-shipment financing

Export Pre-shipment Financing

Improve your working capital with pre-shipment financing

At a Glance
Access working capital financing to buy raw materials and shipping with an Export Letter of Credit in hand.

Simpler

We provide pre-shipment financing under Packing Credit in the form of bridging finance

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Convenient

Proceeds from the Export Letter of Credit are used to pay off the financing

Features & Benefits
currencies

Improve your cash flow

We provide pre-shipment financing for the purchase of raw materials

money

Bundle with Letter of Credit Negotiation/Discounting

Proceeds can be used to repay pre-shipment financing

Fee

Arrange for our Relationship Manager to call you.

Call us at 1800 222 2200 for more information.

How do I Apply?

Submit your application form and original export Letter of Credit/Sales Contract to any of our Trade Document Counters at Marina Bay Financial Centre, Towner and Jurong Gateway (Toh Guan).

FAQs
How do I complete the application form?

Please contact us for help in completing the application form.

Do I need a credit facility to apply?

Yes, you do. The facility is also subject to availability of the issuing bank and country’s limits. Contact us if you need a credit facility.

How do I access the financing 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 financing?

Please contact us to check the status of your financing.

What are the FX rates used for settlement?

From 1 May 2016, we will use our prevailing FX rates for the settlement of your Trade Financing (less than S$200,000 equivalent on due date).

Refer to Rates Online for our prevailing foreign exchange rates. If you have an FX contract, please let us know the latest by 2pm on the due date.