- Trade
- Export Services
- Outward Bill Collection (DA/DP)
Outward Bill Collection (DA/DP)
Collect your payments efficiently
- Trade
- Export Services
- Outward Bill Collection (DA/DP)
Outward Bill Collection (DA/DP)
Collect your payments efficiently
Documents against Acceptance (DA)
We will send your export documents to the buyers's bank. Once the buyer has accepted the bills of exchange/drafts and promised to pay on a later date, buyer’s bank will release the documents. We will credit the money to your account when the buyer (buyer’s bank) remits the payment to us
Documents against Payment (DP)
We will send your export documents to the buyer’s bank. Once the buyer has paid, buyer’s bank will release the documents. We’ll credit the money to your account when buyer’s bank remits the payment to us
Convenient collection
Submit and collect your documents at one of our Trade Collection Branches or SME Banking Centres
Real-time notification
Subscribe to DBS IDEAL to be informed of status
Facility-free service
Apply for Outward Bill Collection without the need for a credit facility
Improve your cash flow
Shorten your cash collection cycle by asking DBS to discount accepted bills
Simply submit your application form and documents at one of our Trade Collection Branches or SME Banking Centres. Alternatively, you can apply via DBS IDEAL.
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