At DBS, we co-create digital solutions with you to take the friction out of managing your cross-border trade and supply chain.

We do this by leveraging a number of our award-winning digital solutions, including DBS RAPID which integrates digital banking and data services into your business platforms via APIs, and through our strategic partnerships with trade financing, eCommerce and procurement platforms providing blockchain-based ecosystems solutions.

All of our core digital trade solutions are fully integrated and interoperable with our award-winning online banking platform – DBS IDEAL

DBS RAPID is a digital solution that leverages DBS’ application programming interface capabilities. RAPID facilitates business transactions within your ecosystem by integrating real-time processing of trade transactions and information enquiries into your business workflows.

With the world’s largest corporate API catalogue of over 200 highly modular APIs we can mix and match multiple APIs to give you a competitive edge across the customer trade journeys in your industry. Some examples include:

• Purchase invoice financing

• Sales invoice financing

• Direct export collection

• Import letter of collection

• Import bills under letter of credit

• Import bill collection

• Banker’s guarantee

We form strategic partnerships with key trade platforms and industry-wide ecosystems as well as leverage our platform agnostics APIs, to dematerialise trade processes, drive sustainability and expand new trade horizons for our clients.

Digital Trade Platforms (DTP)

DBS has partnered with a number of DTPs to provide e-Application, e-Advising and e-Presentation services across the end to end LC process, from LC Issuance, LC Advising and Export Document Presentment.  This eliminates complex paper processes and enhances transparency. Key DTPs we are currently working with, include:

• Bolero
• Contour
• ELCY
• essDOCS