Import Services

Inward Bill Collection (DA/DP)

Facilitate your trade activities with our documentary collection service

Save time and take delivery of your goods quickly and efficiently with our Inward Bill Collection services. We act as your agent, handling the processing of documents and payments to your sellers on your behalf. This is a common payment mechanism for buyers that enables you to focus on building your business.


Documents against Acceptance (DA)

For DA, DBS releases the import documents to the buyer upon his acceptance of the bills of exchange/draft. We promise to pay on a fixed date.


Documents against Payment (DP)

For DP, DBS releases the import documents to the buyer once he’s paid.


How does Inward Bill Collection (DA/DP) work?


  1. The seller and buyer enter into a contract and agree that payment be made on the basis of a documentary collection
  2. The seller ships the goods and tenders the documents to its bank (remitting bank) together with a corresponding collection order
  3. The remitting bank sends the documents along with its collection instructions to DBS (collecting bank)
  4. DBS notifies the buyer of arrival of documents, for his payment/acceptance
  5. The buyer pays the amount due or accepts the draft and in turn receives the documents
  6. DBS remits the amount to the remitting bank
  7. The remitting bank credits the amount to the seller’s account


Why choose DBS Inward Bill Collection?

  • Enjoy the convenience of island-wide collection through one of our Trade Document Counters at Marina Bay Financial Centre, Towner and Jurong Gateway (Toh Guan)
  • Stay informed with AUTOFAX or IDEAL™ (our online banking platform) notifications that let you know when we receive documents
  • Access our Inward bill collection services without the need for a credit facility
  • Submit forms any time before 6pm (on a working day) to ensure your documents are processed on the same day. We offer one of the latest cut off times in Singapore for your convenience






1/8% flat, min SGD 80


DBS account holder: SGD 30
Non-DBS account holder: SGD 60

Re-presentation charge

Charged as a new transaction

Tracers for import/export collections

SGD 30 each (all-in)

Import / Inward DC Document released free of payment

1/8% flat. Min S$80

Holding fee

S$50 per month after 2 months


Do I need a credit facility for this product?

No, you do not need a credit facility to utilise this product.

How do I know the documents have arrived with DBS?

Our trade operations officer will inform you when your documents arrive either by phone or fax. However, if you are using IDEAL™, we will notify you through the system.

How long does it take DBS to process the documents?

Generally if your application is within banking facilities and documents are complete and in order, we can process it on the same day if we receive it at our MBFC or Toh Guan Trade Counters before 6pm.

How do I instruct DBS to accept or reject the document?

We will send you a payment instruction letter by fax. Simply select “accept” or “do not accept” in the letter and return it to our trade operations team by hand (or fax if you have signed for fax indemnity). Alternatively, you can provide payment instructions through IDEAL™.

Where do I collect the documents?

Our trade operations officer will contact you and arrange the collection location with you. Currently we have four Trade Document Counters available at Marina Bay Financial Centre, Towner and Jurong Gateway (Toh Guan).