inward bill

Inward Bill Collection (DA/DP)

Facilitate trade activities with our documentary collection service

Inward Bill Collection (DA/DP)

Facilitate trade activities with our documentary collection service

At a Glance
Save time and collect your goods quickly with our Inward Bill Collection. We can help process these documents and payments on your behalf:
documents

Documents against Acceptance (DA)

We release the import documents to you upon acceptance of the bills of exchange/drafts. You promise to pay the seller on a fixed date

documents

Documents against Payment (DP)

We release the import document to you upon your payment

Features & Benefits
time

Real-time notification

Subscribe to DBS IDEAL to be informed of status

service

Facility-free service

Apply for Inward Bill Collection without the need for a credit facility

Best service time

Submit forms before 6pm (on working days) to enjoy same-day process

cash flow

Free up cash flow

Ask DBS to finance your purchase of goods to turn your business around faster

How it Works

inward bill collection infographics

Fees
Refer to Pricing Guide
FAQs
Do I need a credit facility for this product?

No, you do not need a credit facility.

How do I know the documents have arrived?

We will inform you when your documents arrive at DBS by phone or fax. However, if you are using DBS IDEAL, we will notify you through the system.

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

We will send you a payment instruction letter by fax. Just select “accept” or “do not accept” in the letter. Return it to your trade operations team by hand (or fax, if you have signed for fax indemnity). You can also provide payment instructions through DBS IDEAL.

Get in Touch
Contact BusinessCare