Accounts Receivable Purchase | DBS HK Corporate Banking

Accounts Receivable Purchase

Unlock up to 90% of the value of your receivables

Accounts Receivable Purchase

Unlock up to 90% of the value of your receivables

At a glance

Designed to improve your cash flow by unlocking up to 90% of your receivables.

Total protection

Enjoy up to 100% credit protection against buyer default

Save time

We will pick up the collection duties on your behalf

More productivity

We provide reconciliation services to improve your efficiency

Features & benefits

Credit protection against buyer default

In the event of insolvency, or if the buyer cannot pay after the agreed time

Save time on payment collection

We will collect them for you

Provide the reconciliation of receivables

Help to improve your efficiency

How to apply

Simply call our DBS Business Care at 2290 8068 to fix an appointment or email [email protected]. Our Relationship Manager will be glad to assist you.

Download PDF

Debtor Ledger Adjustment Report

(30KB)

Debtor Payment Report

(25.5KB)

Application Form Guidelines

(104KB)

Trade Finance Service Fee Schedule

(135.6KB)

FAQs

What does ‘recourse’ and ‘non-recourse’ mean?

Recourse: If your customers do not pay you after you have delivered the goods / services in good order, we will seek repayment from you if you have obtained financing of the invoices.

Non-recourse: If your customers do not pay you after you have delivered the goods / services in good order, we will not seek repayment from you if you have obtained financing of the invoices. If you have not obtained financing, we will pay you.

	What are the benefits compared to a normal trade facility?
	When you use a normal trade facility, you receive funding based on your own company financials. With an ARP solution, the quality of the receivables is also assessed.

	In which countries/regions can you provide credit cover?
	We can support your sales all over the world, depending on the credit standing of your buyer. Provide us with their details and we’ll assess accordingly.

	When do you pay me in the event of a buyer default?
	In the event of buyer insolvency, we will pay you as soon as possible upon receipt of the insolvency evidence from you. If the buyer does not pay after a predetermined time following the invoice due date, the waiting period ranges from 90 days to 180 days in most cases.

	What documents do I need to provide to transact?
	Once your ARP facility is approved, you will usually need to provide the invoice and proof of delivery.