- Trade
- Service Fees/ Cut-off Times
- Trade Finance Cut-off & Processing Times
Trade Finance Cut-off & Processing Times
Plan ahead with our cut-off schedule
- Trade
- Service Fees/ Cut-off Times
- Trade Finance Cut-off & Processing Times
Trade Finance Cut-off & Processing Times
Plan ahead with our cut-off schedule
The cutoff timings published below are applicable only to submissions made via DBS IDEAL or at the following trade counters.
Estimated Processing time is subject to the completeness of all required documents, currency cut-off timings, and relevant approvals that may be associated with the processing of the transaction. Submission and Processing timelines are based on working days (weekdays) only and exclude public holidays[1].
Trade Counters:
Marina Bay Financial Centre Trade Counter
DBS Asia Central
12 Marina Boulevard, #12-01
Marina Bay Financial Centre Tower 3
Singapore 018982
Operating Hours: Weekdays, 9am–6pm (closed on public holidays)
Jurong Gateway Trade Counter
Perennial Business City
1 Venture Ave, #05-06,
Singapore 608521
Operating hours: Weekdays, 9am–6pm (closed on public holidays)
| Category | Service | Submission Cut-off Time | Estimated Processing Time |
|---|---|---|---|
| Import Letter of Credit | Letter of Credit Issuance | 6pm | Same day |
| Inward Bills under Letter of Credit | 5pm | Same day | |
| Trust Receipt /Bills Receivable Purchase | 4.30pm | Same day | |
| Export Letter of Credit | Financing / Presentation under Export Letter of Credit Financing under Export Collection | Clean/Discrepant: 5pm Payment Advice: 6pm | Same day |
| Letter of Credit Advising / Confirmation | Advising: 6pm Confirmation: 12pm | Same day | |
| Letter of Credit Transfer | Letter of Credit Transfer | 4.30pm | Same day |
| Documentary Collection | Import / Documentary Collection | 6pm | Same day |
| Export / Documentary Collection | 6pm | Same day | |
| Shipping Guarantee / Air Waybill Endorsement | Shipping Guarantee/ Airway Bill Endorsement | 6pm | Within 1 hour |
| Trade Financing | Purchase Invoice Financing | 4.30pm | |
| Sales Invoice Financing | 4.30pm | ||
| Loan Packing Credit | 6pm | ||
| Bankers Guarantee / Standby Letter of Credit | Banker’s Guarantee /Standby Letter of Credit Issuance | 12pm (via DBS IDEAL) 5pm (via DBS Trade Counters) | Same day Within 24hrs |
[1] The estimated processing time provided above serves as a guideline for our operational turnaround time to process an application. It does not constitute a binding obligation for us to process or complete any trade service within the specified timeframe. Your request for a trade service, as well as our fulfilment of that request, remains subject to the terms and conditions that we have agreed upon or will agree upon for that trade service.
